Green Coatings Market by Type (Waterborne Coatings, High-Solids Coatings, Powder Coatings, Radiation Cure Coatings) and Application (Architectural Coatings, Automotive Coatings, Packaging Coatings, Industrial Coatings, Wood Coatings and Other Coatings) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
Coating industry observes an expansion in the utilization of ecofriendly materials as a piece of green or supportable science in most recent couple of years attributable to progressively strict ecological or environmental rules and regulations, development in ubiquity of green building gauges, and ascend in purchaser mindfulness for manageable items. Green coatings are condition decomposable materials, which comprise of non-dissolvable borne innovation and low or zero unpredictable natural compound (VOC) emanations. VOCs are the destructive segments present in ordinary dissolvable borne coatings answered to shape ground-level ozone and urban exhaust cloud bringing about different wellbeing risks.
Drivers and Restraints
Green Coatings Market is gaining demand and popularity due to factors like increasing infrastructural and architectural development taking place all over the world, especially in the developing countries, increasing awareness among people about using ecofriendly products and building materials according to the government strict restrictions in order to protect environment. The high cost of production is the only restraining factor for the market.
Regional Insights
Europe has been ruling the worldwide green coatings market in the recent years while the Asia- Pacific region is predicted to grow with a great speed over the forecast period.
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Masco Corporation
Rpm International Inc.
Walter Wurdack Inc.
Kansai Paint Company Limited
Valspar Corporation
Tikkurila OYJ
Chimar Hellas S.A.
GLOBAL Encasement Inc.
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?