The Global Water-based Acrylic Enamel Paints Market was valued at US$ 18.75 Billion in 2022 and is projected to reach US$ 26.41 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period (2024–2030). This robust growth is underpinned by stringent environmental regulations, a decisive shift away from solvent-based coatings, and increasing demand from the construction, automotive, and industrial sectors for durable, low-VOC paint solutions.

As the global coatings industry pivots towards sustainability, the emphasis is on manufacturers who are leading in the development of high-performance, eco-friendly water-based acrylic enamels. These companies are not just providing products; they are delivering advanced coating systems that combine durability with environmental responsibility. In this blog, we profile the Top 10 Companies in the Water-based Acrylic Enamel Paints Industry, highlighting the key players driving innovation and market expansion.

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🔟 1. Sherwin-Williams Company

Headquarters: Cleveland, Ohio, USA
Key Offering: Pro Industrial® Waterbased Acrylic-Alkyd Enamel, Harmony® Interior Acrylic Latex

Sherwin-Williams is a global leader in the development, manufacture, and distribution of paints and coatings. Its extensive portfolio of water-based acrylic enamels is renowned for exceptional durability, color retention, and low VOC content, serving professional painters, industrial clients, and DIY consumers worldwide.

Sustainability & Innovation Initiatives:

• Commitment to sustainable product innovation through its GreenSure® designation

• Investment in R&D for advanced waterborne resin technologies

• Targeting a significant reduction in VOC emissions across its product lines

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Water-based Acrylic Enamel Paints Market – View in Detailed Research Report

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9️⃣ 2. PPG Industries, Inc.

Headquarters: Pittsburgh, Pennsylvania, USA
Key Offering: PPG AQUACRON® Waterborne Acrylic Coating, PPG ENVIROCRON® PCS Paints

PPG Industries is a premier global supplier of paints, coatings, and specialty materials. Its water-based acrylic enamel products are engineered for superior performance in harsh environments, making them ideal for architectural, automotive OEM, and industrial maintenance applications.

Sustainability & Innovation Initiatives:

• Focus on expanding its range of waterborne coatings to meet global sustainability goals

• Active participation in partnerships for developing next-generation, eco-friendly coatings

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8️⃣ 3. AkzoNobel N.V.

Headquarters: Amsterdam, Netherlands
Key Offering: Sikkens® Waterbased Acrylics, Dulux Professional Waterbased Enamels

AkzoNobel, the maker of Dulux paints, is deeply committed to sustainable painting solutions. The company’s water-based acrylic enamels are formulated for high-gloss retention, excellent flow, and minimal environmental impact, catering to a global customer base.

Sustainability & Innovation Initiatives:

• Pioneering the use of recycled materials in paint production

• Ambitious targets to reduce carbon footprint across its value chain by 2030

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7️⃣ 4. Nippon Paint Holdings Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nippon Paint Aqua, Protec Waterbased Enamels

As one of Asia’s largest paint manufacturers, Nippon Paint is at the forefront of water-based technology. The company offers a comprehensive range of acrylic enamel paints for automotive refinish, industrial, and decorative applications, emphasizing product safety and performance.

Sustainability & Innovation Initiatives:

• Significant R&D investment in bio-based and low-carbon raw materials

• Expansion of eco-friendly product lines in response to growing regulatory pressure in Asia-Pacific

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Water-based Acrylic Enamel Paints Market – View in Detailed Research Report

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6️⃣ 5. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Acronal® EDGE acrylic dispersions, Joncryl® water-based resins

BASF is a leading chemical company and a key supplier of raw materials and formulations for the coatings industry. While not primarily a paint manufacturer, its high-performance acrylic dispersions and resins are fundamental components in premium water-based enamel paints produced by other leading brands.

Sustainability & Innovation Initiatives:

• Development of bio-circular raw materials for coatings

• Strategic focus on creating VOC-free and low-odor polymer solutions

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5️⃣ 6. Asian Paints Limited

Headquarters: Mumbai, India
Key Offering: Asian Paints APCOLITE Enamels, Royale Play

Asian Paints is India’s leading and Asia’s third-largest paints corporation. It has a formidable presence in the water-based decorative enamel segment, offering products known for their washability, sheen, and vibrant colors, driven by strong R&D and extensive distribution.

Sustainability & Innovation Initiatives:

• Investment in manufacturing facilities dedicated to water-based paints

• Introduction of products with enhanced eco-friendly properties for the domestic and international markets

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4️⃣ 7. RPM International Inc. (Rust-Oleum)

Headquarters: Medina, Ohio, USA
Key Offering: Rust-Oleum Painter’s Touch 2X Ultra Cover, Zinsser Waterborne Coatings

Operating through its flagship brand Rust-Oleum, RPM International is a major force in protective coatings and paints. The company’s water-based acrylic enamels are designed for ease of use, fast drying, and durability on a variety of surfaces, from metal to wood.

Sustainability & Innovation Initiatives:

• Expanding its “green” product portfolio to meet consumer demand for safer alternatives

• Focus on recycling and waste reduction in its manufacturing processes

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3️⃣ 8. Axalta Coating Systems

Headquarters: Philadelphia, Pennsylvania, USA
Key Offering: Imron® Industrial Strength Waterborne, Centari® Waterborne Enamel

Axalta is a global leader focused exclusively on coatings, providing advanced solutions for the transportation and industrial sectors. Its waterborne acrylic enamel systems are engineered to deliver the performance of solvent-based coatings with a significantly reduced environmental footprint.

Sustainability & Innovation Initiatives:

• Continuous innovation in sustainable coating technologies for automotive and industrial applications

• Commitment to reducing greenhouse gas emissions and water usage in operations

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2️⃣ 9. Kansai Paint Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Kansai Paint Alesta®, Kansai Hydropaint

Kansai Paint is a major global player with a strong technological foundation in water-based coatings. The company’s products are widely used in automotive, industrial, and decorative applications, with a reputation for innovation and quality.

Sustainability & Innovation Initiatives:

• R&D focused on high-durability waterborne coatings that withstand extreme conditions

• Strategic acquisitions to strengthen its global footprint in sustainable coatings

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1️⃣ 10. Jotun A/S

Headquarters: Sandefjord, Norway
Key Offering: Jotun Demidekk®, Jotun Hardtop Aqua

Jotun is a leading international producer of decorative paints, marine, protective, and powder coatings. The company’s water-based acrylic enamels are recognized for their superior protective qualities and environmental profile, serving the marine and protective segments especially well.

Sustainability & Innovation Initiatives:

• Development of coatings that contribute to energy efficiency (e.g., hull coatings that reduce fuel consumption)

• Strong commitment to the UN’s Sustainable Development Goals through its product development

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Water-based Acrylic Enamel Paints Market – View in Detailed Research Report

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🌍 Outlook: A Sustainable and High-Performance Future

The water-based acrylic enamel paints market is experiencing a fundamental transformation. Driven by regulatory pressures and a strong consumer shift towards green buildings and sustainable manufacturing, the industry is rapidly innovating beyond traditional solvent-based formulations.

📈 Key Trends Shaping the Market:

• Stringent VOC Regulations: Governments worldwide are implementing stricter limits on VOC emissions, accelerating the adoption of water-based technologies.

• Advancements in Resin Technology: Ongoing R&D is closing the performance gap between water-based and solvent-based enamels, particularly in durability and drying times.

• Growth in Green Building Certifications: Demand for paints with low environmental impact is soaring due to standards like LEED and BREEAM.

• Expansion in Emerging Economies: Rising disposable incomes and urbanization in Asia-Pacific and Latin America are fueling market growth.

Get Full Report Here:
Water-based Acrylic Enamel Paints Market – View in Detailed Research Report

The companies profiled above are not just supplying paint; they are delivering the sustainable, high-performance coating solutions essential for building a more environmentally conscious future.