International. Technavio, the independent global research firm, has published a report on the global water-based coatings market between 2015-2019, a business that is expected to grow at a CAGR of 3.34% during the forecast period of 2014-2019.
"Today, governments are focusing more on people's health issues, which has forced vendors to introduce PU-based coatings that have a lower impact on the environment," said Faisal Ghaus, vice president of TechNavio.
The executive added that "these coatings have many properties such as protection against severe severe damage, high electrical insulation, vibration resistance, noise reduction and anti-corrosive properties, thus creating a high demand for PU-based coatings worldwide."


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