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Stock impact report

Waterborne Coatings Market Size to Reach USD 98.87 Billion by 2032, Rise At 5.5% CAGR | PMR [Yahoo! Finance]

Axalta Coating Systems Ltd. Common Shares (AXTA) 
Last axalta coating systems ltd. common shares earnings: 1/30 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
New York, USA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Market Overview: The global waterborne coatings market size was USD 61.02 billion in 2023, estimated at USD 64.36 billion in 2024, and is expected to reach around USD 98.87 billion by 2032, expanding at a CAGR of 5.5% from 2024 to 2032. What is a Waterborne Coating? Water-based coatings are environmentally friendly surface treatments that use water as a solvent to disperse the resins that make up the paint or coating. 80% of the solvent used is water. The goal is to make coatings and paints easy to apply while still producing an environmentally friendly product. Water-based coatings are broadly used due to their low volatile organic compound (VOC) content (less than 3.5 pounds per gallon of water). They can be applied to wood (such as furniture) and plastic substrates. The growing demand for coatings in the automotive industry, especially in the electric vehicle (EV) segment, is driving the growth of the water-based coatings ma Show less Read more
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