Abstract: A water-soluble acrylic resin which is prepared by neutralizing with a neutralizing agent an acrylic copolymer formed by copolymerizing (a) an alkylene oxide group-containing (meth)acrylate, (b) a cyclic saturated hydrocarbon group-containing (meth)acrylate, (c) a hydroxyl group-containing unsaturated monomer other than the monomer (a), and (d) other unsaturated monomer; a resin composition used for a water-based coating composition and containing, as a vehicle component, the above water-soluble acrylic resin; a water-based coating composition containing, as major components, (A) at Least one resin selected from the group consisting of a water-soluble resin and a water-dispersible resin and (B) a pigment, said pigment (B) being subjected to dispersion treatment; with a water-soluble acrylic resin (C), which is prepared by neutralizing with a neutralizing agent an acrylic copolymer formed by copolymerizing (a) an alkylene oxide group-containing (meth)acrylate, (b) a cyclic saturated hydrocarbon group-containin

Abstract: An aqueous coating composition comprising an acrylic resin-modified epoxy resin (D), which is obtained by the reaction between a mixture of a bisphenol F based epoxy resin (A) and a bisphenol F based phenoxy resin (B) and an acrylic resin having carboxyl functionality (C), said acrylic resin-modified epoxy resin (D) being dispersed into water, preferably by using ammonia or amine, provides a composition with low viscosity, excellent storage stability and excellent application workability. In addition, the coating of the present invention can be applied to an interior surface and the resulting film has a smooth surface, excellent processability, excellent retorting resistant properties, excellent adhesion properties, and excellent corrosion resistant properties.