Global Green Coatings Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global green coatings market in its upcoming report titled, “Global Green Coatings Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global green coatings market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global green coatings market report has been segmented on the basis of coating type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Coating is a thin layer or covering applied to surface of an object usually known as substrate for decorative and/or functional purpose. Green coatings are environmental friendly and has low or zero volatile organic compound (VOC) emission as compared to conventional solvent borne coatings.
Stringent government regulation related to volatile organic compounds, especially in developed countries such US, UK is a major factor driving growth of the global green coatings market. In addition, increasing adoption of green coatings from various industries such as automotive, architectural, packaging, etc. is another factor fueling growth of the global market.
Fluctuating raw material prices, resulting to high cost of green coatings is a major factor hampering growth of the global market. However, increasing demand for radiation cure coatings and plant-based wood coatings, is a trend expected to fuel growth of the global green coatings market over the forecast period.
Europe green coatings market accounts for highest share in terms of revenue in the global green coatings market and is expected to dominate the global market over the forecast period. The Asia Pacific green coatings market is estimated to witness fastest growth in terms of revenue over the forecast period. The green coatings market in North America is expected to register a moderate growth during the forecast period.
Global Green Coatings Market Segmentation:
Segmentation On the Basis of Coating Type:
- Waterborne Coatings
- Powder Coatings
- High-Solids Coatings
- Radiation Cure Coatings
Segmentation On the Basis of Application:
- Architectural Coatings
- Automotive Coatings
- Industrial Coatings
- Packaging Coatings
- Others (high performance coatings and wood coatings)
Segmentation On the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Akzo Nobel N.V.
- BASF SE
- Axalta Coating Systems, LLC
- PPG Industries, Inc.
- The Valspar Corporation
- The Sherwin-Williams Company
- Kansai Paint Co., Ltd.
- RPM International Inc.
- VPL Coatings GmbH & Co KG
- TIGER Coatings GmbH & Co. KG
- Altana AG
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