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Green Coating Market

The coatings manufacturers and research institutions are investing a high amount for the technological advancement of environment friendly & non-hazardous green coatings. These are expected to modify and enhance the green coatings performance making it superior to conventional VOC contained coatings. Asia-Pacific countries such as China, India, Japan, and others are the growing markets for green coatings.

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Green Coating Market

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Green Coatings Market Global Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2017-2023 Pages: 180 Tables: 89 Charts: 31

  2. GREEN COATINGS MARKET Green Coatings Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global green coatings market was valued at $80,010 million in 2016, and is projected to reach $118,990 million by 2023, growing at a CAGR of 5.8% from 2017 to 2023. The waterborne coatings type accounted for more than three-fourths of the global market in 2016. Green coatings are the ones which consist of low or no harmful volatile organic compounds (VOCs) emissions as compared to conventional solvent-based coatings. These mainly include waterborne coatings other than powder coatings, high-solids coatings, and radiation-cured coatings. Stringent regulations imposed by government and certain other environment & health care agencies such as REACH and EPA drive the global green coatings market. Moreover, growth in number of end-user industries and increase in awareness toward VOC emissions are some other factors that boost the market growth. However, volatility in availability of raw materials and its cost increases the price of green coatings, which in turn restricts the market growth. Furthermore, key industry players and research institutes invest more for green coatings product development as per the demand from consumers & governments for sustainable and eco-friendly products. Thus, technological advancements and growth in use of radiation cure coatings provide opportunities for the market growth.

  3. Based on type, the market is segmented into waterborne coatings, powder coatings, high-solids coatings, and radiation cure coatings. Waterborne coatings accounted for more than three-fourths share of the global green coatings market in 2016. Powder coatings and radiation cure coatings segments are anticipated to be the fastest growing types during the forecast period. Architectural coating is the leading application with highest growth rate and occupy nearly two-fifths of the share in global green coatings market due to global increase in infrastructure spending especially in certain countries of Asia-Pacific. Automotive coatings is projected to be the second fastest growing application owing to the rapid growth witnessed in the industry over the last few years.   GREEN COATINGS MARKET

  4. GREEN COATINGS MARKET • Key Benefits: • This report provides an extensive analysis of the current trends, emerging estimations, and dynamics of the global green coatings market from 2015 to 2023. • Comprehensive analysis of factors that drive and restrict the growth of the market is provided. • Detailed analysis of the industry based on the type and application explains the trending product type and potential applications. • Porters Five Forces analysis highlights the potency of buyers & suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network. • Extensive analysis of the market is conducted by following key product positioning and monitoring of the top players within the market framework.

  5. GREEN COATINGS MARKET Top Investment Pocket, by Application

  6. GREEN COATINGS MARKET The India green coatings market was valued at $2,204 million in 2016, and is expected to grow at a CAGR of 7.0% during the forecast period. India Green Coatings Market, 2016-2023 ($Million)

  7. GREEN COATINGS MARKET Segment Review

  8. In 2016, Asia-Pacific and North America collectively accounted for more than half share of the global green coatings market, and is expected to grow at the highest CAGRs during the forecast period. China, India, and other developing countries are expected to witness various infrastructural developments as well as rearrangements in Asia-Pacific, thus, the green coatings market of that region is anticipated to experience an increase in growth rate during the analysis period. The major companies profiled in the report include AkzoNobel NV, Asian Paints Limited, Axalta Coating System, BASF SE, Berger Paints India Limited, Deutsche Amphibolin Works Se (Daw), Hempel A/S, Jotun A/S, PPG Industries, and The Sherwin-Williams Company. Request Sample Copy: https://www.alliedmarketresearch.com/request-sample/2569 GREEN COATINGS MARKET

  9. GREEN COATINGS MARKET Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/green-coatings-market Follow Us On

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