Market Status of Waterborne Resin

Market size growth: Due to the increasingly strict environmental regulations and the strengthening of people's environmental awareness, the water-based resin market is showing a rapid growth trend. Especially in industries such as coatings and adhesives, the application of water-based resins is gradually replacing traditional solvent based products, and the market share is constantly expanding.

Expansion of application areas: In addition to traditional fields such as construction, industry, and textiles, water-based resins are also beginning to be applied in emerging fields such as new energy, electronics, and aerospace. In the field of new energy vehicles, water-based resins are used for battery separator coating, vehicle body coating, etc; In the field of electronic appliances, water-based resins are required to have good insulation and chemical resistance for the coating and packaging of electronic product casings.

Competitive landscape: The global water-based resin market is fiercely competitive, with internationally renowned companies such as BASF, Dow Chemical, and Covestro occupying leading positions in technology research and market share. Domestic enterprises are also continuously increasing their R&D investment, improving product quality and performance, gradually occupying a certain share in the mid to low end market, and entering the high-end market.