Green Coatings Market Research and Forecast Report 2023-2028

1. Global Green Coatings Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Green Coatings Market Research Report: The latest report by IMARC, titled “Green Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global green coatings market size reached US$ 86.0 Billion in 2022. Green coatings are environment-friendly coatings produced using naturally sourced materials, such as vegetable oil, castor oil, soybean, milk, and clay. They emit nearly zero or negligible volatile organic compounds (VOCs) during the manufacturing process. They are widely available in different variants, such as water-based paints, high-solid paints, powder coatings, and radiation-hardened coatings. They help minimize the harmful impact of infrared and ultraviolet (UV) radiation and enhance the overall efficiency of the equipment. Compared to the traditionally used solvent-borne coatings, they are VOC-free, block resistant, non- toxic, and relatively safe for human health. As a result, green coatings have gained immense traction across numerous industries, including construction, automotive, aerospace, marine, oil and gas, mining, and aviation. Request Free Sample Report: https://www.imarcgroup.com/green-coatings-market/requestsample

4. Report Description and Highlights Report Description Global Green Coatings Market Trends: The implementation of stringent government regulations regarding VOC emissions represents the primary factor driving the market growth. In addition, the expanding construction industry is acting as another major growth- inducing factor as green coatings are employed as protective and decorative paints on walls, roofs, windows, door frames, interior extrusions, and panels. Besides this, the growing usage of green coatings on consumer products, such as rooftop heating, ventilation and air conditioning (HVAC) units, furniture, fixtures, oven components, dryer drums, and electronic boxes, has augmented the product demand. Furthermore, several key players are extensively investing in research and development (R&D) activities to introduce innovative product variants with low cost, less drying time, superior water and chemical resistance, and antibacterial and anti-odor properties. In line with this, the launch of radiation curable coatings prepared using plant-based sources and processed under low energy electrons (EB) or UV radiation has propelled the market growth. Other factors, including the emerging architectural and automotive applications, surging environmental concerns, rising adoption of waterborne and powder-based coatings, ongoing infrastructural development, and rapid industrialization, are also providing a positive thrust to the market growth. Looking forward, IMARC Group expects the market value to reach US$ 112.0 Billion by 2028, growing at a CAGR of 4.6% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Type: • Waterborne • Powder • High Solid • UV Cured Breakup by Application: • Architectural Coatings • Industrial Coatings • Automotive Coatings • Wood Coatings • Packaging Coatings • Others Breakup by Region: • North America • United States • Canada

6. Report Description and Highlights Report Description • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • Akzo Nobel N.V. Asian Paints Limited Axalta Coating Systems Ltd. BASF SE Hempel A/S Jotun Kansai Paint Co. Ltd. Koninklijke DSM N.V. Nippon Paint Holdings Co. Ltd. PPG Industries Inc The Sherwin-Williams Company View Full Report with TOC & List of Figure: https://www.imarcgroup.com/green-coatings-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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