Product Code: ETC5729097 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Water-based resins in Bosnia and Herzegovina are gaining popularity due to their environmentally friendly properties compared to traditional solvent-based resins. These resins are used in various applications, including paints, coatings, adhesives, and sealants. The market for water-based resins is driven by the increasing demand for eco-friendly products, stricter environmental regulations, and advancements in resin technologies. Companies are focusing on developing high-performance water-based resins that offer better durability and performance while reducing the impact on the environment.
The water-based resins market in Bosnia and Herzegovina is driven by the increasing demand for eco-friendly and sustainable products. Water-based resins are favored over solvent-based resins due to their lower environmental impact and reduced volatile organic compound (VOC) emissions. The growth of industries such as construction, automotive, and coatings, which use water-based resins for their lower environmental footprint, is a significant driver. Moreover, regulatory pressures and standards aimed at reducing environmental pollution are encouraging the adoption of water-based resins. The market is also supported by advancements in resin technology that enhance performance while maintaining environmental benefits.
The water-based resins market in Bosnia and Herzegovina encounters difficulties related to market awareness and adoption. Many industries are still heavily reliant on solvent-based resins, which can be more familiar and established, despite the environmental benefits of water-based alternatives. The initial cost of transitioning to water-based resins can be a barrier, as businesses may be hesitant to invest in new technologies without clear, immediate benefits. Additionally, there is limited local production of these resins, which may lead to higher costs and supply chain challenges.
Government policies regarding water-based resins in Bosnia and Herzegovina are geared towards promoting environmentally friendly products. Regulations are in place to limit the use of volatile organic compounds (VOCs) and encourage the development and use of water-based resins in various applications, including coatings and adhesives. The government supports research and development in this area, offering incentives for companies that invest in sustainable and low-emission technologies. Compliance with EU regulations on chemical safety and environmental protection is a key focus.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bosnia and Herzegovina Water-based Resins Market Overview |
3.1 Bosnia and Herzegovina Country Macro Economic Indicators |
3.2 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Bosnia and Herzegovina Water-based Resins Market - Industry Life Cycle |
3.4 Bosnia and Herzegovina Water-based Resins Market - Porter's Five Forces |
3.5 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bosnia and Herzegovina Water-based Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bosnia and Herzegovina Water-based Resins Market Trends |
6 Bosnia and Herzegovina Water-based Resins Market Segmentations |
6.1 Bosnia and Herzegovina Water-based Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.3 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.5 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Alkyd, 2021-2031F |
6.2 Bosnia and Herzegovina Water-based Resins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.2.4 Bosnia and Herzegovina Water-based Resins Market Revenues & Volume, By Inks, 2021-2031F |
7 Bosnia and Herzegovina Water-based Resins Market Import-Export Trade Statistics |
7.1 Bosnia and Herzegovina Water-based Resins Market Export to Major Countries |
7.2 Bosnia and Herzegovina Water-based Resins Market Imports from Major Countries |
8 Bosnia and Herzegovina Water-based Resins Market Key Performance Indicators |
9 Bosnia and Herzegovina Water-based Resins Market - Opportunity Assessment |
9.1 Bosnia and Herzegovina Water-based Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bosnia and Herzegovina Water-based Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bosnia and Herzegovina Water-based Resins Market - Competitive Landscape |
10.1 Bosnia and Herzegovina Water-based Resins Market Revenue Share, By Companies, 2024 |
10.2 Bosnia and Herzegovina Water-based Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |