In a report by MarketsandMarkets, the global market for water-based barrier coatings is projected to grow from $1.28 billion in 2024 to $1.85 billion by 2030, reflecting a compound annual growth rate of 6.3%.

According to the report, growth is being driven by increasing demand for recyclable and compostable packaging, regulatory pressures, and advancements in barrier performance. These coatings are being widely adopted in food and beverage packaging, offering protection against water vapor, oil and grease, while also enabling improved recyclability and extended shelf life.

The oil and grease barrier segment accounted for the second-largest market share in 2024, fueled by its use in fast food, baked goods, and ready-to-eat meal packaging. The “other substrates” category—covering bioplastics, molded fiber, and flexible films—also saw significant demand due to broader industry needs for shock resistance, heat sensitivity, and chemical resistance.

Regionally, North America ranked third in market share in 2024, supported by shifts in food service and retail packaging trends, bans on single-use plastics, and continued innovation in low-VOC formulations. Packaging manufacturers in the U.S. and Canada are investing in water-based coating technologies to meet both regulatory requirements and brand sustainability targets.

Access the full report here.