Green Coatings Market Size, Share, Growth, Scope, current and Future Growth Forecast by 2028
Green
coatings market will grow at a rate of 5.95% for the forecast period of
2021 to 2028. Increasing stringent government
regulations concerned with VOC is a vital factor driving the growth of feed
acidifiers market. Increasing environmental awareness in the
developing regions displaying larger spend on infrastructure is the vital
factor escalating the market growth, also increasing demand for waterborne and
powder coating to substitute solvent borne coatings especially in the
industrial and automotive application, increase in architectural sector in
developing countries such as China, Japan, increasing demand for radiation cure
coatings and plant-based wood coatings, rising awareness towards volatile
organic compounds (VOC) emissions, rising usage of the ultraviolet curing
coating and plant-based sources for the production of the wood coating and
increasing awareness of health and environmental impacts due to volatile organic compounds
are the major factors among others driving the green coatings market. Moreover,
rising advancement in coatings technology, rising use of radiation cure
coatings, rising research and development activities and rising demand of the product from
numerous end-user industries will further create new opportunities for the green
coatings market in the forecast period of 2021- 2028.
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Market Analysis and
Insights
Green coatings are the type of environmentally
accommodating coatings which emit almost zero volatile organic compounds during
the manufacturing process. They do not require solvents for their usage and are
used individually in a number of applicable industries. They are sustainable
eco-friendly products which are produced in a number of different types.
This green coatings market report provides details of new recent
developments, trade regulations, import export analysis, production analysis,
value chain optimization, market share, impact of domestic and localised market
players, analyses opportunities in terms of emerging revenue pockets, changes
in market regulations, strategic market growth analysis, market size, category
market growths, application niches and dominance, product approvals, product
launches, geographical expansions, technological innovations in the market. To
gain more info on green coatings market contact Data Bridge Market Research for
an Analyst Brief, our team will help you take an informed market
decision to achieve market growth.
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Green Coatings
Market Scope
Green coatings market is segmented on the basis of type,
application and source. The growth amongst the different segments helps you in
attaining the knowledge related to the different growth factors expected to be
prevalent throughout the market and formulate different strategies to help
identify core application areas and the difference in your target markets.
- Based on type,
the green coatings market is segmented into waterborne coatings, powder
coatings, high-solids coatings, and radiation cure coatings.
- On the basis of application,
the green coatings market is segmented into construction, consumer goods,
automotive, oil & gas, mining, aerospace, marine and others.
Construction has been further segmented into curtain wall, wall and roof
panels, window, door frames, store fronts and interior extrusions &
panels. Consumer goods have been further segmented into oven components,
dryer drums, rooftop HVAC units, large air ventilation systems, electronic
boxes, furniture and fixtures and others. Automotive has been further
segmented into truck chassis components, bus floors, automotive engine
components, other automotive non-body-in-white applications and others.
Oil and gas has been further segmented into mining, aerospace, marine and
others.
- The green coatings
market is also segmented on the basis of source into vegetable oil, soy
bean, castor oil, clay and others.
Competitive Landscape and Green
Coatings Market Share Analysis
Green coatings market competitive landscape provides
details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and facilities,
production capacities, company strengths and weaknesses, product launch,
product width and breadth, application dominance. The above data points
provided are only related to the companies’ focus related to green coatings
market.
The major players
covered in the silicon nitride market report are
Akzo Nobel N.V.,
Asian Paints, Axalta Coating Systems LLC, BASF SE, Berger Paints India Limited,
DAW SE, HEMPEL A/S, Jotun, Kansai Paint Co.Ltd., Masco Corporation, Nippon
Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., The
Sherwin-Williams Company, TIKKURILA OYJ, Walter Wurdack Inc., GLOBAL Encasement
Inc., DSM, Henkel AG & Co. KGaA, Sika AG, ALLNEX NETHERLANDS B.V.,
Momentive, OMNOVA Solutions Inc., and Covestro AG,. among other domestic and
global players. Market share data is available for global, North America,
Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America
separately. DBMR analysts understand competitive strengths and provide
competitive analysis for each competitor separately.
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