Aqueous coating composition, and its production

Claim 1

An aqueous coating composition which comprises (I) a water dispersible or water soluble resin containing carboxy groups in its structure, said resin selected from the group consisting of an alkyd resin, a polyester resin, a maleinated oil resin, a maleinated polyalkadiene, an acrylic resin and a urethane resin, which resin has an acid value of 20 to 200 and a number average molecular weight of 500 to 30,000 and is rendered dispersible or soluble in an aqueous medium by ionization, when the carboxyl group is neutralized with a basic substance, and (II) a water-insoluble resin powder having an acid value of 5 to 100 obtained by the reaction between a carboxyl group-containing resin selected from the group consisting of a polyester resin and an acrylic resin having an acid value of 20 to 300 in a solid state at room temperature and a monoepoxy compound selected from the group consisting of olefin oxides, octylene oxide, butyl glycidyl ether, glycidyl methacrylate, glycidyl p-tert-butylbenzoate, allyl glycidyl ether, a glycidyl tert-alkanoate, styrene oxide, phenyl glycidyl ether, p-butyl-phenol glycidyl ether, cresyl glycidyl ether, 3-pentadecylphenyl glycidyl ether, cyclohexenevinyl monooxide, dipentene monooxide, alpha-pinene oxide and glycidol or a monoisocyanate compound selected from the group consisting of an aromatic isocyanate and an aliphatic isocyanate, said reaction being conducted in the presence of a catalyst, and wherein the weight proportion of the aqueous resin (I) and the water-insoluble resin powder (II) is from 2:98 to 98:2.