Insights into Waterborne Coatings Market Dynamics
Global Waterborne Coatings Market size was valued at US $ 102.97 billion in 2023 and is expected to reach US $ 144.04 billion by 2032 growing at a CAGR of 3.8% during the forecast period 2024 – 2032
In the packaging industry, waterborne coatings find applications in food and beverage packaging, pharmaceutical packaging, and other consumer goods packaging. The shift towards sustainable packaging solutions, coupled with regulatory pressure to reduce the environmental impact of packaging materials, is fueling the demand for waterborne coatings in this sector. Manufacturers are investing in research and development to innovate eco-friendly packaging solutions without compromising on product quality or safety.
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