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  Market Synopsis: Water-based coatings are anticipated to witness an upsurge in demand over the next couple of years. The study published by Market Research Future (MRFR) has highlighted that the global water-based coatings market is anticipated to mark a moderate growth rate over the assessment period 2016 to 2023. The rising demand for automobiles is poised to fuel demand for the product in the upcoming years. The growth of the construction sector is also projected to catalyze the expansion of the water-based coatings market in the forthcoming years. It is extensively used for applications such as crack filling, damp proofing, waterproofing, etc. Rising applications across different industry vertical are projected to lead the expansion of the market in the nearby future. Market Segmentation: On the basis of product type, the global water-based coatings market has been segmented into colloidal coatings, emulsions/latex paints, water-soluble paints, and water-based alkyds. O

  Market Synopsis: Water-based coatings are anticipated to witness an upsurge in demand over the next couple of years. The study published by Market Research Future (MRFR) has highlighted that the global water-based coatings market is anticipated to mark a moderate growth rate over the assessment period 2016 to 2023. The rising demand for automobiles is poised to fuel demand for the product in the upcoming years. The growth of the construction sector is also projected to catalyze the expansion of the water-based coatings market in the forthcoming years. It is extensively used for applications such as crack filling, damp proofing, waterproofing, etc. Rising applications across different industry verticals are projected to lead the expansion of the market in the nearby future. Market Segmentation: On the basis of product type, the global water-based coatings market has been segmented into colloidal coatings, emulsions/latex paints, water-soluble paints, and water-based alkyds.