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Green Coatings Market 2023 Report By Key Companies, Regional Analysis And Forecast 2032
Green Coatings Market
Green Coatings Market Size, Growth Rate, And Forecast
The global green coatings market size is expected to grow from $87.42 billion in 2022 to $95.34 billion in 2023 at a compound annual growth rate (CAGR) of 9.05%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The green coatings market size is expected to reach $129.59 billion in 2027 at a CAGR of 7.98%.
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Green Coatings Market Drivers
Significant growth in the construction industry is expected to propel the green coating market. The construction industry refers to the commercial sector of manufacturing and trade that deals with creating, maintaining, and repairing infrastructures. The construction industry is growing with the demand for green buildings that require bio-based paints and coatings to protect the environment and reduce pollution.
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Green Coatings Market Segments
• By Type: Waterborne Coatings, Powder Coatings, High-Solids Coatings, Radiation Cure Coatings
• By Source: Vegetable Oil, Soy Bean, Castor Oil, Clay, Other Sources
• By End-Use Industry: Industrial, Architectural, Automotive, Packaging, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the green Coatings market.
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Green Coatings Market Key Players
Major competitors in the green Coatings market include Akzo Nobel NV, Axalta Coating Systems Ltd., BASF SE, PPG Industries Inc., The Sherwin Williams Company, Asian Paints Limited, Jotun AS, Nippon Paint Holdings Co. Ltd.
The Business Research Company's "Global Green Coatings Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Green Coatings Market Include:
1. Executive Summary
2. Green Coatings Market Characteristics
3. Green Coatings Market Trends And Strategies
4. Green Coatings Market - Macro Economic Scenario
5. Green Coatings Market Size And Growth
……
26. Africa Green Coatings Market
27. Green Coatings Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Green Coatings Market
29. Green Coatings Market Future Outlook and Potential Analysis
30. Appendix
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