Green coating is a substance 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.
Axiom MRC announced new report on “Green Coatings Market” By Type, Application and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024
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
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Green Coatings Market Global Outlook
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.
One of the major trends which will influenced the green coating market during the forecast period is the significant shift of consumers towards use of UV care coating and environmental friendly coatings.
Green Coatings Market Segmentation Details:
Green Coatings Market Based on Type:
High-Solids Coatings and
Radiation Cure Coatings.
Green Coatings Market Based on Application:
Packaging Coatings and Other.
Green Coatings Market Based on Geography:
Asia Pacific and
Middle East & Africa.
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Green Coatings Market Leading Players:
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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