Global Water Based Resin market cagr 7.4%

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Water Based Resin Market

Water Based Resin Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Water Based Resin Market Size and Growth

The water-based resin market is experiencing robust growth, driven by increasing demand for eco-friendly coatings and adhesives. Valued at approximately $10 billion in 2023, the market is projected to expand at a CAGR of 6% over the next five years, fueled by advancements in manufacturing processes and regulatory support for sustainable products. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ BASF SE

◍ DOW Chemical Company

◍ Henkel AG & Co. KGAA

◍ 3M Company

◍ Royal DSM N.V.

◍ Cytec Industries Inc.

The water-based resin market features key players like BASF SE, DOW, Henkel, and 3M, focusing on sustainable solutions, innovation, and diverse applications. These companies enhance the market through product development and strategic partnerships. Sales figures include BASF SE: €78.6 billion, DOW: $58.5 billion, and Henkel: €23.4 billion.

◍ Momentive Performance Materials Holdings LLC

◍ Huntsman Corporation

◍ Nan Ya Plastics Corporation

◍ Eastman Chemical Company

◍ Allnex Belgium S.A.

◍ Akzonobel

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Market Segmentation

By Application

Coatings

Adhesives & Sealants

Inks

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By Product

Acrylic Resin

Alkyd Resin

Epoxy Resin

Polyurethane Resin

Other

Market Growth

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$ X Billion USD

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