Green Coatings Market Growth: Emerging Markets and Trends

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Green Coatings Market Size (cagr 4.8),
Analytical Overview, Growth Factors, Demand,
Trends Opportunities by 2027 The Green coatings
market is projected to grow from USD 123.6
Billion in 2022 to USD 155.9 Billion by 2027, at
a CAGR of 4.8 between 2022 and 2027. Asia
Pacific is estimated to be the largest consumer
of green coatings. The global green coatings
major players have made several strategic
developments across value chain to focus on
changing customer preferences. Download PDF
Brochure of Green Coatings Market Report at
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sp?id1260 Browse 189 market data Tables and 56
Figures spread through 246 Pages and in-depth TOC
on Green Coatings Market by Technology
(Waterborne, Powder, High-solids,
Radiation-Cure), Application (Architectural,
Automotive, Industrial, High-Performance, Wood,
Packaging, Product Finishes) and Region Global
Forecast

• Green Coatings Market Key Players
• AkzoNobel N.V. (Netherlands)
• PPG Industries (US)
• Axalta Coating Systems (US)
• BASF SE (Germany)
• The Sherwin-Williams Company (US)

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• Axalta Coating Systems U.S. Inc, is a global
  manufacturer, distributor, and marketer of
  high-performance coatings, focusing on colorful,
  innovative, and sustainable solutions. The
  company operates through two operating segments,
  Performance Coatings and Mobility Coatings. It
  provides green coatings i.e. waterborne or powder
  coatings through the Performance Coating segment.
• PPG Industries, Inc. specializes in manufacturing
  and distributing coating, paints, and specialty
  material. The company operates through two
  reportable segments Industrial Coatings and
  Performance Coatings. Industrial coatings include
  Automotive OEM Coatings, Industrial coatings,
  Packaging Coatings, Specialty Coatings and
  Materials. Performance Coatings includes
  Aerospace Coatings, Architectural Coatings
  Americas and Asia Pacific, Architectural Coatings
  Europe, Middle East and Africa (EMEA), Automotive
  Refinish Coatings, Protective and Marine
  Coatings, and Traffic Solutions.
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• Green Coatings Market Segments By Technology
• Waterborne
• Powder
• High-solids
• Radiation-cure
• By Application
• Architectural
• Automotive
• Industrial
• High-performance
• Wood
• Packaging
• Product finishes
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• faster drying times as compared to solvent-based
  coatings. Polishes and water repellents are among
  the most commonly used wood coatings due to their
  high effectiveness. They are supposed to provide
  greater non-yellowing properties.
• The use of powder coatings on wood is growing
  significantly. By developing powders with
  low-heat requirements and a uniform-density wood
  product, wood manufacturers and their customers
  are now able to powder-coat a wide range of wood
  products. Manufacturers of home-office furniture,
  kitchen cabinets, childrens furniture, and
  outdoor grill tables have identified the
  importance of green coatings considering their
  various health-related benefits.
• By Region
• Asia Pacific
• Europe
• North America
• Middle East Africa
• South America
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• China is the largest green coatings market in
  Asia Pacific during the forecast period.
• China is the worlds largest producer and
  consumer of coatings. Many major players are
  investing in the country to build new
  manufacturing facilities due to cheap labor and
  cheap accessible raw materials. AkzoNobel N.V.
  has strengthened its distribution network in
  Mainland China by expanding into 40 new cities
  and 1,000 additional stores. The green coatings
  market in China is driven by rising demand from
  housing activities, new construction and
  renovation activities, government, and private
  investment in residential and non-residential
  projects, and growing consumer spending power.
  Increasing population, improved lifestyle,
  economical labor, and restructured environmental
  regulations are expected to fuel the demand for
  architectural application in China.
• Recent Developments
• In August 2021, AkzoNobel N.V. launched this
  product in the Indian market. The product is
  Indias first USDA-certified green paint.
• In October 2020, AkzoNobel N.V. launched this
  product in the Vietnam market. Air Clean Green
  (Vietnam) contains 22 percent USDA-Certified
  green content.