The global water-based coatings market is projected to experience a steady compound annual growth rate in the coming decade. According to Verified Market Research, the global water-based coatings market size was valued at USD 68.65 billion in 2023 and is projected to reach USD 99.16 billion by 2030, growing at a CAGR of 5.21% during the forecast period 2024-2030. A key driving force behind this growth is the increasing emphasis on sustainability, reflected in stricter environmental regulations and rising consumer demand for environmentally friendly products. The evolution of resin, additive, and pigment technologies further propels the adoption of water-based paint and coatings.