Chemicals
Global Green Coatings Market was $9,648.55 Million in 2017 and is Estimated Grow with CAGR of 8.12% till 2023.
According to the new market research report by IndustryARC titled “Green Coatings Market :By Formulation (Water-Borne, Powder, High Solids and Ultra-Violet ); By Source(Vegetable Oil, Soybean, Castor oil, Clay, Oil); By Application (Architectural, Automotive, Industrial, Aerospace and Others); By Geography Forecast(2018-2023),” the Green Coatings market is driven by strict environmental regulations and growth in the end user industries.
Europe to Dominate the Green Coatings Market
Europe will dominate the Green Coatings Market during the forecast period. Growth in population, economic development in UK, Spain, and Italy will have positive impact on Green Coatings market. Growth of architectural and automotive industries will also contribute to the growth of the environmentally friendly coatings. Governments’ interventions in the use of non hazardous products and the growing awareness about the use of these products will drive the demand for green coatings in the region. Asia-Pacific will have the fastest growth in the market due to the growing population, growth of automotive, packaging, and infrastructure industry.
Selected Regulatory Analysis Done in the Green Coatings Market Report:
The architectural coatings segment will have the largest share in the Green Coatings Market during the forecast period. This is due to the growth of global infrastructure spending on residential and commercial segments. These sectors use waterborne coatings which have a big share in the market. The automotive coatings segment will be the second fastest growing application due to its rapid growth in the recent years.
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Selected Driving Factors Mentioned in the Green Coatings Market Report
• Growing demand for waterborne technology will drive the growth of the green powder coat in the forecast period.
• Government focus on the environment will drive the demand for ecofriendly products, which in turn enhances the growth of the green coatings market.
• Growing awareness about Volatile Organic Compound (VOC) emissions has spurred the demand for green coatings.
• Increase in housing construction activities boosts the green coatings market in the forecast period.
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Key Players of the Green Coatings Market
The key players of the Green Coatings Market include Axalta, Valsapar, and PPG Industries. Axalta was recently conferred the Outstanding Environmental Technology Award in Shanghai China for its contribution to environmental sustainability. The award has recognized Axalta’s effort in producing surface treatment solutions that meet the demands for the industry for high performance coatings. Valsapar provides uniform coatings and protection across many application environments. PPG provides environmental friendly technologies and products to customers and focuses on product improvement.
The Green Coatings Market Is Segmented as Indicated Below:
Technological advancements in green coatings products will drive the demand for the green coatings market.
A. Green Coatings Market Forecast By Formulation
1. Waterborne
2. Powder
3. High Solids
4. Ultraviolet
5. Solar reflective
6. Chrome free
7. Bio renewable
8. Others
B. Green Coatings Market Size By Source
1. Introduction
2. Vegetable Oil
3. Soy Bean
4. Castor Oil
5. Clay
6. Others
C. Green Coatings Market Share By Application
1 . Construction
1.1. Curtain Wall
1.2. Wall And Roof Panels
1.3. Window, Door Frames
1.4. Store Fronts
1.5. Interior Extrusions and Panels
2. Consumer Goods
2.1. Oven Components
2.2. Dryer Drums
2.3. Rooftop HVAC Units
2.4. Large Air Ventilation Systems
2.5. Electronic Boxes
2.6. Furniture and Fixtures
2.7. Others
3. Automotive
3.1. Truck Chassis Components
3.2. Bus Floors
3.3. Automotive Engine Components
3.4. Other Automotive Non-Body-In-White Applications
3.5. Others
4. Oil & Gas
5. Mining
6. Aerospace
7. Marine
8. Others
D. Green Coatings Market Analysis By Geography (30+ countries)
E. Green Coatings Market Entropy
F. Company Profiles
1. Axalta
2. Valsapar
3. PPG Industries Inc.
4. Asian Paints Limited
5. Berger Paints India Limited
More than 10 companies are profiled in this Green Coatings Market Report
G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
Related Reports:
A. Waterborne Coatings Market
B. Automotive Refinish Coatings Market
What can you expect from the report?
The Green Coatings Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
2. Market Trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End User Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis
FAQs:
- Does IndustryARC publish country, geography, or application–based reports in Green Coatings ? Yes, we do have separate reports and database as mentioned below:
