| Product Code: ETC6778059 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Colombia water-based coating import shipments are experiencing significant growth, with a high concentration of imports from top countries like the United States, China, Spain, Brazil, and Switzerland. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration in 2024, reflecting the dominance of these key exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 21.19%, with a notable growth rate of 28.02% from 2023 to 2024. This data suggests a strong and accelerating demand for water-based coatings in the Colombian market, driven by imports from diverse global sources.

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 Colombia Water Based Coating Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Water Based Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Water Based Coating Market - Industry Life Cycle |
3.4 Colombia Water Based Coating Market - Porter's Five Forces |
3.5 Colombia Water Based Coating Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Colombia Water Based Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Colombia Water Based Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental regulations favoring water-based coatings over solvent-based coatings. |
4.2.2 Growing awareness among consumers regarding the benefits of water-based coatings in terms of lower VOC emissions and environmental impact. |
4.2.3 Rising demand for eco-friendly and sustainable products in various industries, driving the adoption of water-based coatings. |
4.3 Market Restraints |
4.3.1 Higher initial costs associated with water-based coatings compared to solvent-based coatings. |
4.3.2 Limited availability of raw materials for water-based coatings, leading to supply chain challenges. |
4.3.3 Challenges in achieving the same level of performance and durability as solvent-based coatings in certain applications. |
5 Colombia Water Based Coating Market Trends |
6 Colombia Water Based Coating Market, By Types |
6.1 Colombia Water Based Coating Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Water Based Coating Market Revenues & Volume, By Resin Type, 2021- 2031F |
6.1.3 Colombia Water Based Coating Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.1.4 Colombia Water Based Coating Market Revenues & Volume, By Epoxy, 2021- 2031F |
6.1.5 Colombia Water Based Coating Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.6 Colombia Water Based Coating Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.7 Colombia Water Based Coating Market Revenues & Volume, By Alkyd, 2021- 2031F |
6.1.8 Colombia Water Based Coating Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Colombia Water Based Coating Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Colombia Water Based Coating Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.2.3 Colombia Water Based Coating Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Colombia Water Based Coating Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Colombia Water Based Coating Market Revenues & Volume, By Wood, 2021- 2031F |
6.2.6 Colombia Water Based Coating Market Revenues & Volume, By Others, 2021- 2031F |
7 Colombia Water Based Coating Market Import-Export Trade Statistics |
7.1 Colombia Water Based Coating Market Export to Major Countries |
7.2 Colombia Water Based Coating Market Imports from Major Countries |
8 Colombia Water Based Coating Market Key Performance Indicators |
8.1 Percentage of companies in Colombia shifting from solvent-based to water-based coatings. |
8.2 Investment in research and development of water-based coating technologies by key players in the Colombian market. |
8.3 Adoption rate of water-based coatings in key industries such as construction, automotive, and furniture manufacturing in Colombia. |
9 Colombia Water Based Coating Market - Opportunity Assessment |
9.1 Colombia Water Based Coating Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Colombia Water Based Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Colombia Water Based Coating Market - Competitive Landscape |
10.1 Colombia Water Based Coating Market Revenue Share, By Companies, 2024 |
10.2 Colombia Water Based Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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