Uploaded on Mar 12, 2024
According to the latest research report by IMARC Group, The global green coatings market size reached US$ 89.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 128.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. More Info:- https://www.imarcgroup.com/green-coatings-market
Green Coatings Market Growth, Demand and Challenges of the Key Industry Players 2024-32
Global Green Coatings
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved
About IMARC Group
In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management
s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry
vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and
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las t ing resul ts .
A cc o r d i ng t o t h e l a t e s t r e p o r t b y IM A R C Gr o u p , t i t l e d " G r ee n C o a t i n g s Ma r k e t : G l o b a l
I n d u s t r y T re n d s , S h a re , S i z e , Gr o w th , O p p o r t u n i ty an d F o r e ca s t 2 0 2 4 -
20 3 2 , " t h e g l o b a l g r e e n c o a t i n gs m a r k e t s i ze r e a ch e d U S $ 8 9 . 9 B i l l i o n i n 2 0 2 3 .
Gr e e n c oa t i n g s a r e en v i r o n me n t - f r i e n d l y c oa t i n g s p r od u c e d u s i n g n a t u ra l l y s o u r c e d
Report ma t e r i a l s , s u c h a s ve g e t ab l e o i l , c a s t o r o i l , s o y b ea n , m i l k , an d c l a y . T he y e m i t n e a r l y ze r o o r n e g l i g i b l e v o l a t i l e o r g a n i c c o mp o u nd s ( V O C s ) d u r i n g th e m a n u f a c t u r i ng
p r o c e s s . T he y a r e w i d e l y av a i l a b l e i n d i f f e r en t v a r i a n t s , s u ch a s w a t e r - b a se d p a i n t s ,
Highlight and h i g h - s o l i d p a i n t s , p o w de r c o a t i n g s , a n d ra d i a t i o n - h a r d e ne d c oa t i n g s .
T he y h e l p m i n i m i z e th e h a r m f u l i m p ac t o f i n f r a r e d a n d u l t r a v i o l e t ( U V ) r a d i a t i o n a nd
en h a n c e t h e ov e r a l l e f f i c i e n c y o f t h e e q u i p me n t . C om p a re d t o t h e t r a d i t i o na l l y u s e d
Description so l v e n t - bo r n e c o a t i n gs , t he y a re V O C - f r e e , b l o ck re s i s t an t , n o n - t ox i c , a n d r e l a t i v e l y
sa f e f o r h u ma n h e a l t h . A s a r e s u l t , g r e e n c o a t i n g s h a v e ga i n e d i m me n s e t r a c t i o n
ac r o s s n u m er o u s i nd u s t r i e s , i n c l ud i n g co n s t r uc t i o n , a u t o mo t i v e , a e r os p a c e , m a r i n e , o i l
an d g a s , m i n i ng , a n d a v i a t i o n .
R eq u e s t f o r a P D F sa m p l e o f t h i s re p o r t :
h t t p s : / /w w w . i ma r c g r o u p . co m / g re e n - c oa t i n g s - m a r ke t / r e qu e s t sa m p l e
Report Description
G lo b a l G r e e n C o a t i n g s M a r k e t T r e n d s :
T h e i m p l e m e n t a t i o n o f s t r i n g e n t g o v e r n m e n t r e g u l a t i o n s r e g a r d i n g V O C e m i s s i o n s r e p r e s e n t s t h e p r i m a r y f a c t o r d r i v i n g t h e
m a r k e t g r o w th . I n a d d i t i o n , t h e e x p a n d i n g c o n s t r u c t i o n i n d u s t r y i s a c t i n g a s a n o th e r m a j o r g r o w t h - i n d u c i n g f a c to r a s g r e e n
c o a t i n g s a r e e m p l o y e d a s p r o t e c t i v e a n d d e c o r a t i v e p a i n t s o n w a l l s , r o o f s , w i n d o w s , d o o r f r a m e s , i n t e r i o r e x t r u s i o n s , a n d p a n e l s .
B e s i d e s t h i s , t h e g r o w i n g u s a g e o f g r e e n c o a t i n g s o n c o n s u m e r p r o d u c t s , s u c h a s r o o f t o p h e a t i n g , v e n t i l a t i o n a n d a i r c o n d i t i o n i n g
( H V A C ) u n i t s , f u r n i t u r e , f i x t u r e s , o v e n c o m p o n e n t s , d r y e r d r u ms , a n d e l e c t r o n i c b o x e s , h a s a u g m e n te d t h e p r o d u c t d e m a n d .
F u r t h e r m o r e , s e v e r a l k e y p l a y e r s a r e e x t e n s i v e l y i n v e s t i n g i n r e s e a r c h a n d d e v e l o p me n t ( R & D ) a c t i v i t i e s t o i n t r o d u c e i n n o v a t i v e
p r o d u c t v a r i a n t s w i t h l o w c o s t , l e s s d r y i n g t i m e , s u p e r i o r w a t e r a n d c h e m i c a l r e s i s t a n c e , a n d a n t i b a c t e r i a l a n d a n t i - o d o r
p r o p e r t i e s . I n l i n e w i t h t h i s , t h e l a u n c h o f r a d i a t i o n c u r a b l e c o a t i n g s p r e p a r e d u s i n g p l a n t - b a s e d s o u r c e s a n d p r o c e s s e d u n d e r
l o w e n e r g y e l e c t r o n s ( E B ) o r U V r a d i a t i o n h a s p r o p e l l e d t h e m a r k e t g r o w t h . O t h e r f a c t o r s , i n c l u d i n g t h e e m e r g i n g a r c h i t e c tu r a l
a n d a u t o m o t i v e a p p l i c a t i o n s , s u r g i n g e n v i r o n m e n t a l c o n c e r n s , r i s i n g a d o p t i o n o f w a te r b o r n e a n d p o w d e r - b a s e d c o a t i n g s , o n g o i n g
i n f r a s t r u c t u r a l d e v e l o p m e n t , a n d r a p i d i n d u s t r i a l i z a t i o n , a r e a l s o p r o v i d i n g a p o s i t i v e t h r u s t t o t h e m a r k e t g r o w th .
L o o k in g f o r w a r d , I M A R C G r o u p e x p e c t s t h e m a r k e t v a l u e t o r e a c h U S $ 1 2 8 . 5 B i l l i o n b y 2 0 3 2 , g r o w i n g a t a C A G R o f 3 .9 %
d u r in g t h e f o r e c a s t p e r i o d ( 2 0 2 4 - 2 0 3 2 ) .
V ie w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / g r e e n - c o a t i n g s - m a r k e t
Breakup by Type:
• Waterborne
• Powder
• High Sol id
• UV Cured
Report
Breakup by Application:
Segmentation • Architectural Coatings
• Industr ial Coatings
• Automot ive Coatings
• Wood Coatings
• Packaging Coat ings
• Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
Report
• Middle East and Afr ica
Segmentation
• Akzo Nobel N.V.
• Asian Paints Limited
• Axalta Coating Systems Ltd.
Competitive • BASF SE
Landscape • Hempel A/S
• Jotun
with Key
• Kansai Paint Co. Ltd.
Players • Koninkl i jke DSM N.V.
• Nippon Paint Holdings Co. Ltd.
• PPG Industr ies Inc
• The Sherwin-Wil l iams Company
What was the size of the global green coatings
market in 2023?
What is the expected growth rate of the global
green coatings market during 2024-2032?
What are the key factors driving the global green
Key coatings market?
Questions What has been the impact of COVID-19 on the
global green coatings market?
Answered in
What is the breakup of the global green coatings
the Report market based on the type?
What is the breakup of the global green coatings
market based on the application?
What are the key regions in the global green
coatings market?
Who are the key players/companies in the global
green coatings market?
1 P r e f a c e
2 S c o p e a n d M e t h o d o l o g y
2 . 1 O b j e c t i v e s o f t h e S t u d y
2 . 2 S t a k e h o l d e r s
2 . 3 D a t a S o u r c e s
2 . 3 . 1 P r i m a r y S o u r c e s
2 . 3 . 2 S e c o n d a r y S o u r c e s
2 . 4 M a r k e t E s t i m a t i o n
Table of 2 . 4 . 1 B o t t o m - U p A p p r o a c h 2 . 4 . 2 T o p - D o w n A p p r o a c h
2 . 5 F o r e c a s t i n g M e t h o d o l o g y
3 E x e c u t i v e S u m m a r y
4 I n t r o d u c t i o n
Contents 4 . 1 O v e r v i e w 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l G r e e n C o a t i n g s M a r k e t
5 . 1 M a r k e t O v e r v i e w
5 . 2 M a r k e t P e r f o r m a n c e
5 . 3 I m p a c t o f C O V I D - 1 9
5 . 4 M a r k e t F o r e c a s t
6 M a r k e t B r e a k u p b y T y p e
6 . 1 W a t e r b o r n e
6 . 1 . 1 M a r k e t T r e n d s
6 . 1 . 2 M a r k e t F o r e c a s t
6 . 2 P o w d e r
6 . 2 . 1 M a r k e t T r e n d s
6 . 2 . 2 M a r k e t F o r e c a s t
6 . 3 H i g h S o l i d
6 . 3 . 1 M a r k e t T r e n d s
6 . 3 . 2 M a r k e t F o r e c a s t
6 . 4 U V C u r e d
6 . 4 . 1 M a r k e t T r e n d s
6 . 4 . 2 M a r k e t F o r e c a s t
7 M a r k e t B r e a k u p b y A p p l i c a t i o n
7 . 1 A r c h i t e c t u r a l C o a t i n g s
7 . 1 . 1 M a r k e t T r e n d s
7 . 1 . 2 M a r k e t F o r e c a s t
7 . 2 I n d u s t r i a l C o a t i n g s
7 . 2 . 1 M a r k e t T r e n d s
7 . 2 . 2 M a r k e t F o r e c a s t
Table of 7 . 3 A u t o m o t i v e C o a t i n g s 7 . 3 . 1 M a r k e t T r e n d s
7 . 3 . 2 M a r k e t F o r e c a s t
7 . 4 W o o d C o a t i n g s
Contents 7 . 4 . 1 M a r k e t T r e n d s 7 . 4 . 2 M a r k e t F o r e c a s t
7 . 5 P a c k a g i n g C o a t i n g s
7 . 5 . 1 M a r k e t T r e n d s
7 . 5 . 2 M a r k e t F o r e c a s t
7 . 6 O t h e r s
7 . 6 . 1 M a r k e t T r e n d s
7 . 6 . 2 M a r k e t F o r e c a s t
8 M a r k e t B r e a k u p b y R e g i o n
8 . 1 N o r t h A m e r i c a
8 . 1 . 1 U n i t e d S t a t e s
8 . 1 . 1 . 1 M a r k e t T r e n d s
8 . 1 . 1 . 2 M a r k e t F o r e c a s t
8 . 1 . 2 C a n a d a
8 . 1 . 2 . 1 M a r k e t T r e n d s
8 . 1 . 2 . 2 M a r k e t F o r e c a s t
F o r m o r e i n f o r m a t i o n , v i s i t :
h t t p s : / / w w w. i m a rc g ro u p . c o m / g re e n - c o a t i n g s - m a r ke t / t o c
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