Materials & Chemicals Market Research News

Green Coating Market Expected to Grow US$ 125.1 Billion by 2023 according to market forecasts

Materials & Chemicals Research

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.

Report: goo.gl/HEbxHv

Drivers:

            Development in the industrialization across the globe

Restraints:

            Uneven prices of raw materials

Opportunities:

            Increasing demand in the automotive sector

Challenges:

            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.

Report: goo.gl/6T4VVk

Key Benefits for Stakeholders

Green Coating Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Application

Automotive Coatings

Packaging Coatings

Architectural Coatings

Wood Coatings

Industrial Coatings

Others

By Type

High-Solids

Waterborne

Radiation Cure

Powder

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Asian Paints Limited

BASF SE

Deutsche Amphibolin Works Se (Daw)

Masco Corporation

AkzoNobel N.V.

Berger Paints India Limited

The Valspar Corporation

Kansai Paint Company Limited

Axalta Coating System

PPG Industries Inc.

Masco Corporation

Nippon Paint Company Ltd

Read Report Overview with Full TOC at goo.gl/xiD7sG

News From

Genesis Market InsightsGenesis Market Insights
Category: Market Research Publishers and RetailersCompany about: Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across the globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in-house data validation tools, ...
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