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Green Coating Market Trend and Global Foresight to 2025

The market is expected to witness a CAGR of 6.9% over the forecast period, Owing to increasing product penetration in construction and automotive application to replace high VOC emitting solvent based coatings is likely to drive industry growth.

The Global Green Coatings Market is expected to reach USD 209.2 billion by 2025, according to a new report by Grand View Research, Inc.


Strong foothold of the existing players, extensive product offerings and wide geographical reach is expected to be the key barrier for the emerging manufacturers. The majority of the industry players are integrated across the value chain in order to reduce their dependency on the raw material suppliers and increase profitability.

Waterborne technology dominated the industry in 2016 and is likely to grow at a CAGR of 6.8% from 2017 to 2025 owing to its rising consumer preference towards environmental friendly products in architectural and automotive applications.

Asia Pacific accounted for 33.4% of overall green coatings market share in 2016 and is expected to grow at the fastest rate owing to rapid growth of automotive construction industry in economies including India and China.

To Know More About Green Coating Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/green-coatings-market

Europe has been a major consumer for waterborne paints owing to the stringent government regulation, early adoption of the technology and high consumer awareness regarding the product benefits.

Top Players of Green Coating Market:

The industry is highly competitive owing to the presence of several international players including PPG Industries, AkzoNobel NV, Sherwin-Williams, Evonik Industries and Eastman Chemical Company. These players are focusing on increasing their share along with profitability through product innovation, R&D activities, mergers, and acquisition.

Market Segmentation of Green Coating Market:

The Global Green Coatings Market segmented on the basis of Technology, And Regions.

By Technology:

    Waterborne Coatings, By Application
        Architectural
        Industrial coatings
        High Performance
        Automotive
        Wood Coating
        Packaging

    Powder Coatings, By Application
        Consumer Goods
        Architectural
        Automotive
        General Industries
        Furniture

    High Solid Coatings, By Application
        Industrial
        Automotive
        Aerospace
        Packaging

    UV Cured Coatings, By Application
        Industrial
        Automotive
        Wood Coating
        Packaging

Inquire about Green Coating Market with Our Experts @ https://www.grandviewresearch.com/inquiry/940
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