Growing trend of green environment compliance is driving demand for water-based coating binders
The water-based coating binders will see a significant rise in sales over the next few years, owing to the general trend of most industries towards green environment compliance. In today's world, there are more pollutants entering our atmosphere, even from natural sources like rainfall, cloud-fog, etc. However, they do not show any visible effects on the earth's surface, which is largely due to the fact that the binding agents used in binding are water-based. Hence, once these types of binding agents are applied on a surface, they tend to form a protective layer around it, and thus prevent penetration of pollutants into the surface. This will help manufacturers to promote the use of water-based binders for a greener environment. Some of the other end-user industries are automotive, aerospace, chemical processing, textiles, pulp and paper, rubber, pulp and paper, machine shop, marine, and utility. Many of these markets are showing increasing competition due to higher returns