Genesis Market Insights prepared a Published Industry Report Green Coating Market. Green Coating Market Report consistently helps to increase the business costing for the global clients. The Report is beneficial to execute marketing strategy and decision making.
GLOBAL GREEN COATING MARKET was valued at USD 89.8 Billion in the year 2017. Global Green Coating Market is further estimated to grow at a CAGR of 5.68% from 2018 to reach USD 125.1 Billion by the year 2023. Europe region holds the highest market share in 2017 and North America considered as the fastest growing market in the forecasted period. At a country level, developed markets like U.K, Italy, Spain holds a substantial market share in 2017 and it is projected to grow at a gradual pace in the coming years.
Asian Paints Limited (India), BASF SE (Germany), Deutsche Amphibolin Works SE (Daw) (Germany), Masco Corporation (U.S.), Akzonobel N.V. (Netherlands), Berger Paints India Limited (India), The Valspar Corporation (U.S), Kansai Paint Company Limited (Japan), Axalta Coating System (U.S.), PPG Industries, Inc. (U.S.), Masco Corporation (U.S.), Nippon Paint Company Ltd (Japan), are some of the key players in the Green Coating Market with BASF SE holding the significant market share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.
Development in the industrialization across the globe
Uneven prices of raw materials
Increasing demand in the automotive sector
Threats from substitute product
The Waterborne type is expected to hold the highest market share during the forecast period. On the other hand, the architectural coating is also expected to grow at the highest CAGR during the year 2018-2023.
Key Benefits for Stakeholders
Green Coating Manufacturers, Distributors and Retailers
Research and Consulting organization
Technology Standards Organizations, Forums, Alliances and Associations
Regulatory bodies, policy actors, and consumers.
Key Market Players
Asian Paints Limited
Deutsche Amphibolin Works Se (Daw)
Berger Paints India Limited
The Valspar Corporation
Kansai Paint Company Limited
Axalta Coating System
PPG Industries Inc.
Nippon Paint Company Ltd
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