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Green Coatings Market, 2016-2024: By drivers and restrain, Technology, Application, Size & Share

Green Coatings Market
Green Coatings Market

Zion Market Research published new report on “Green Coatings Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” in its database

Global Green Coatings Market: Overview

Green coatings are wide across the world due to the sheer increase in the environmental concerns and growth in the consumer inclination. Recent research activities proved that traditional industrial coatings are toxic in nature as they are made up of volatile organic compounds (VOCs); they release toxins in the environment at room temperature. These VOCs may include some biocides and fungicide. Some of the popular green coatings are radiation cure coatings, high-solids, waterborne, and powder. Paint and dries may cause potential health problems such as kidney damage, headaches, and dizziness. The emergence of the innovative technologies assists in the development and evolution of improved healthier paint. Many companies are turning to environment-friendly ingredients such as green coatings in order to enhance health and environment consumer.

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Global Green Coatings Market: Segmentation

The global green coatings market is classified on the basis of applications are packaging coatings, industrial coatings, wood coatings, architectural coatings, automotive coatings, and others. Of these, architectural coatings segment is anticipated to depict an above average growth in the recent years. The spending on the infrastructure especially commercial and residential sectors improved in the last few years is also influencing the global green coatings market growth. Based on types, the global market is further in bifurcated as high-solids coatings, water-based coatings, radiation-cured coatings, and powder coatings. Furthermore, the global green coatings market is fragmented on the basis of geography as North America, Asia-Pacific, Europe, Latin America, and The Middle East & Africa.

Global Green Coatings Market: Growth Factors

Some of the major drivers of the global green coatings market are growth in the end-user industries and stringent environmental regulations set by the government. In addition, increasing awareness towards volatile organic compounds (VOC) emissions may also fuel the global market in the near future. However, increasing usage of the ultraviolet curing coating and plant-based sources for the production of the wood coating is anticipated to foster the global green coatings market growth. These are several emerging trends that have changed the dynamics of the industries. Companies focus on adopting new strategies such as merger and acquisition, new product launch, partnership, collaboration, and new technology launches may drive the global green coatings market in the coming years.

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Global Green Coatings Market: Regional Analysis

Asia Pacific held the largest market share in the global green coatings market, owing to growth in the industrial sector. However, growing government awareness regarding environmental concerns may contribute to the growth in the future. Moreover, increasing consumer inclination towards the benefits of green coatings is also positively impacting the global green coatings market. Water-based coatings are widely preferred by the population and have government support for widespread use in the various applications for waterborne coatings in this region, which is projected to propel the growth in the market.

Global Green Coatings Market: Competitive Players

The major players operating in the global green coatings market are Axalta Coating System, Allnex S.a r.l., Momentive, Omnova Solutions, Bayer Material Science, Valspar Corporation, Arkema Inc., AkzoNobel NV., Sherwin-Williams Company, DSM, BASF, and PPG Industries.

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Global Green Coatings Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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