Press Release / Business / Green Coatings Market is projected to reach valuation in USD million by 2024

Green Coatings Market is projected to reach valuation in USD million by 2024

Green Coatings Market: Description
Green coating is a material applied on the surface of an object for decoration or protection of the surface. It is produced using natural sources like vegetable oil, soy beans, castor oil and clay. The manufacturing process of green coating includes elimination of use of hazardous materials and increasing use of bio renewable and recycle material. Green coating manufacturers globally are working towards developing high performance coating that have less negative impact on the environment. Moreover, the coating developers create innovative manufacturing techniques that protect air and water quality with reducing the consumption of natural resources.
Green Coatings Market: Drivers
The global green coating market is primarily driven by factors such as, government regulations for environment protection, rising urban population and increasing demand from end user industry including automotive & transportation and architecture industry.
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Green Coatings Market: Segmentation
Segmentation by Type:
The report analyses the green coatings market by type into
Waterborne coatings
Powder coatings
High-solids coatings
Radiation cures coatings
Segmentation by Application:
By application, the global green coating market is categorized into
Architectural coatings
Industrial coatings
Automotive coatings
Wood coatings
Packaging coatings
Segmentation by Geography:
North America: United States, Canada and Mexico
Europe: Germany, France, UK, Italy and Rest of Europe
Asia Pacific: China, Japan, India, Australia, and Rest of Asia Pacific
Middle East & Africa: South Africa and Rest of MEA
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Green Coatings Market: Top Leading Companies
The leading companies in green coatings market are AkzoNobel NV, Asian Paints Limited, Axalta Coating Systems Llc, BASF SE, Berger Paints India Limited, Deutsche Amphibolin Works Se (Daw), Hempel A/S, Henkel, Jotun A/S, Kansai Paint Company Limited, Masco Corporation, Nippon Paint Company Ltd., PPG Industries Inc., Rpm International Inc, Sika, The Sherwin-Williams Company, The Valspar Corporation, Tikkurila OYJ, etc.
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