Recently, Research institutions Zion Market Research released a new research report shows that the global water paint market size in 2015 was $58 billion 390 million, and $78 billion 240 million by 2021, a CAGR of 5%.

Waterborne coatings are widely used in the field of automotive painting

All automobile manufacturers are concerned about water paint technology and realized its importance, and the development speed of water paint technology in the field soon. As everyone knows, water paint with water as the solvent, is environmentally friendly, easy construction, characteristics of heat resistance, wear resistance, suitable for paint spraying equipment.

Although water paint in performance has some limitations, but because the risk consciousness strict regulation and the solvent coating environment improved, the strong momentum of development, and environmentally friendly waterborne coatings are becoming more and more successful development, and applied to the downstream industries, including construction, shipbuilding, furniture manufacturing, automobile industry etc..