Green Coatings Market Share, Size, Trends, Growth, Industry Demand | Forecast To 2022-2029

Green Coatings Market is valued at USD 71.52 Billion in 2021 and is expected to reach USD 96.36 Billion by 2028 with a CAGR of 4.35% over the forecast period.

Green coatings are eco-friendly coatings that release almost no volatile organic compounds (VOCs) during production. Green coatings are protective coatings that are often known for protecting surfaces from corrosion. In addition, green coatings protect roof and siding surfaces from ultraviolet degradation and typical weathering. Green coatings are eco-friendly coatings that release nearly no volatile organic compounds (VOCs) during production. Natural ingredients like vegetable oil, castor oil, soybean, milk, and clay are utilized to make these coatings. It also creates a perfect monolithic membrane giving the building better protection against high-wind events, such as typhoons, hurricanes, etc. There are many types of coatings with various uses. Some coatings may serve to offer waterproofing and concrete surface protection, while others are solar-reflective.

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Green Coatings Market Key Players:

??????? 阿克苏诺贝尔

??????? 阿科玛

??????? Halio Inc.

??????? DCPS

??????? JP Graphics, Inc. (Santa Clara)

??????? Tri-Chem Industries

??????? Houck

??????? GSM Roofing

??????? Magnaplate

??????? Sheboygan Paint Company

??????? Hydromer, Inc. (OTC: HYDI)

??????? KEMPER GmbH

??????? NuFlow Technologies Inc.

??????? Linetec

??????? Epoxy Technology

??????? Creative Liquid Coatings

??????? Isolatek International

??????? Siplast

??????? Emery Oleochemicals

??????? Asian Paints

??????? Axalta

??????? 巴斯夫

??????? Berger Paints India

??????? Jotun

??????? Lifetime Green Coatings

??????? PPG工业公司

??????? 宣伟

Market Trends

The global green coatings market is expected to grow significantly in the coming years due to the increasing demand for eco-friendly coatings. The market is driven by factors such as strict government regulations, growing consumer awareness, and increased investment in research and development. Asia-Pacific is expected to be the fastest-growing market for green coatings due to rapid industrialization and urbanization in the region.

Global Green Coatings Market Segmentation:

By Type

???????Waterborne Coatings

???????Powder Coatings

???????High-Solids Coatings

???????Radiation Cure Coatings

By Application

???????Architectural Coatings

???????Industrial Coatings

???????Automotive Coatings

???????Wood Coatings

???????Packaging Coatings

???????Other

Applications of Green Coatings

Green coatings have a wide range of applications across various industries. They are commonly used in the automotive industry, construction industry, aerospace industry, and marine industry, among others. They are also used for household applications such as furniture, appliances, and electronics.

In the automotive industry, green coatings are used to protect the exterior and interior of the vehicle from environmental damage. In the construction industry, they are used to protect buildings from weathering, corrosion, and chemical damage. In the aerospace industry, they are used to protect aircraft from extreme temperatures, moisture, and UV radiation. In the marine industry, they are used to protect ships from corrosion, fouling, and UV radiation.

Global Green Coatings Market Dynamics:

The growing adoption in architectural & decorative sectors is one of the major factors driving the growth of the green coatings market. Decorative green coatings are applied to the interior and exterior surfaces of residential, commercial, institutional, and industrial buildings. Thus, green coatings are used for aesthetic and protective purposes and are non-toxic and biodegradable

Types of Green Coatings

There are several types of green coatings available in the market, each with its unique properties and benefits. Some of the most used green coatings include waterborne coatings, powder coatings, UV-cured coatings, and high solids coatings.

Waterborne coatings are the most widely used green coatings as they have low VOC (volatile organic compound) content and are easy to apply. Powder coatings are also popular as they are highly durable, resistant to corrosion and wear, and do not contain solvents. UV-cured coatings are fast-curing and produce a hard, durable finish that is scratch and abrasion-resistant. High solids coatings have high solids content, making them highly durable and long-lasting.

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News:

Allnex to Exhibit Green Coating Solutions at Paint India 2022

On May 25th, 2022; allnex had brought a broad portfolio of green coating technologies and innovative developments for automotive and transportation, industrial metal and wood, packaging and ink, and other specialty coatings to the customers. An Allnex chemist has been available for any discussions or questions about the allnex product line. Sustainability was a key part of continued success; allnex also took it a step further to create lower environmental impact solutions.

Regional Analysis:

North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa.

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