Press release
Rising Demand for Eco-friendly Solutions Propels Green Coatings Market towards $151.16 Billion by 2029 at an 8.2% CAGR
Rising Demand for Eco-friendly Solutions Propels Green Coatings Market
What Is The Projected Market Size Of The Global Green Coatings Market And Its Growth Rate?
The Green Coatings market is experiencing substantial growth, driven by environmental regulations, consumer awareness, and corporate sustainability goals.
• Growth from $101.62 billion in 2024 to $110.17 billion in 2025 at a CAGR of 8.4% was observed.
• By 2029, it is forecasted to reach $151.16 billion, growing at a CAGR of 8.2%.
Major trends for this period include demand for low VOC and VOC-free formulations, adoption of UV-curable coatings, and shift towards powder coatings.
What Is Driving The Growth In The Green Coatings Market?
A significant rise in the construction industry, particularly green building constructions, is accelerating the green coatings market. This industry pivots on manufacturing, trade, and maintenance of infrastructures, with an emphasized demand for bio-based paints and coatings to limit environmental degradation. For instance, the total spending on industrial construction in the US reached $1,762.3 billion in June 2022 as per the United States Census Bureau. Therefore, the burgeoning growth in the construction industry is expected to stimulate the market in the near future.
https://www.thebusinessresearchcompany.com/sample.aspx?id=8085&type=smp
Who are the Key Players Driving Green Coatings Market Growth?
The key players spurring the growth of the Green Coatings market include:
- Akzo Nobel NV
- Axalta Coating Systems Ltd.
- BASF SE
- PPG Industries Inc.
- The Sherwin Williams Company
- Arkema Group, Asian Paints Limited
- Berger Paints India Limited
- Jotun A/S, Hempel A/S
- Nippon Paint Holdings Co. Ltd.
- RPM International Inc.
- Kansai Paint Co. Ltd., and Tikkurila Oyj, among others.
What Are The Key Trends In The Green Coatings Market?
The prominent trends discerned in the Green Coatings Market include:
- High demand for low VOC and VOC-free formulations
- Adoption of UV-curable coatings
- Research and Development in nanotechnology for coatings
- Collaboration between industry stakeholders
- A shift towards powder coatings
What Are The Segments Of The Global Green Coatings Market?
The Green Coatings Market spans several segments:
1) By Type: Waterborne Coatings, Powder Coatings, High-Solids Coatings, Radiation Cure Coatings.
2) By Source: Vegetable Oil, Soy Bean, Castor Oil, Clay, Other Sources.
3) By End-Use Industry: Industrial, Architectural, Automotive, Packaging, Other End-Use Industries.
Which Region Leads The Green Coatings Market?
Europe dominated the Green Coatings Market in 2024 and Asia-Pacific region is projected to be the fastest-growing region in the forecast period. The reach of this market spans across Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
https://www.thebusinessresearchcompany.com/report/green-coatings-global-market-report
What Is Covered In The Green Coatings Global Market Report?
The Green Coatings Market Global Market Report provides an extensive analysis of the following areas:
- Market Size Analysis: Analyze the Green Coatings Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Green Coatings Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Green Coatings Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Green Coatings Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=8085&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: mailto:info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company ( https://www.thebusinessresearchcompany.com ) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Demand for Eco-friendly Solutions Propels Green Coatings Market towards $151.16 Billion by 2029 at an 8.2% CAGR here
News-ID: 3824640 • Views: …
More Releases from The Business Research Company
Comprehensive Insights Into The Global Electric Bikes And Scooters Market: Key G …
The electric bikes and scooters report outlines and analyzes the electric bikes and scooters (excluding e-mopeds or 2-wheelers) market, covering the historic period 2019-2024 and the forecast period 2024-2029 and 2034F. The study examines the market across all regions and major regional economies.
The global electric bikes and scooters (excluding e-mopeds or 2 wheelers) market was valued at approximately $43.09310 billion in 2024, reflecting a CAGR of 12.12% since 2019. The…
Geothermal Heat Pump Market Report 2025: Size, Trends, and Key Growth Insights f …
The geothermal heat pump report outlines and analyzes the geothermal heat pump market, covering 2019-2024 as the historic period and 2024-2029, 2034F as the forecast period. The report examines the market across every region and assesses major economies within each region.
The global geothermal heat pump market reached $4.40620 billion in 2024, increasing at a CAGR of 5.70% since 2019. The market is projected to grow from $4.40620 billion in 2024…
Major Growth Driver Identified in 2025 VFX In Advertising Market: The Rise Of So …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
VFX In Advertising Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past several years, the market size of vfx in advertising has seen robust growth. It is expected to expand from $2.8 billion in 2024 to a staggering $3.03 billion in 2025, exhibiting…
Driving Web Content, Search Portals And Social Media Market Growth in 2025: The …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Web Content, Search Portals And Social Media Market Size Growth Forecast: What to Expect by 2025?
The market size for web content, search portals, and social media has seen quick expansion in the past few years. It's projected to expand from $682.14 billion in 2024 to $768.29 billion in…
More Releases for Coating
Medical Grade Coating Market: How Nanotechnology Is Advancing Coating Solutions
► Medical Grade Coating Market Poised for Significant Growth, Projected to Reach USD 22.01 Billion by 2032
The global medical grade coating market, valued at USD 13.40 billion in 2024, is anticipated to experience robust growth, reaching approximately USD 22.01 billion by 2032. This represents a compound annual growth rate (CAGR) of 6.4% during the forecast period.
Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/100541/
► Market…
Powder Coating Market - Advanced Coating Solutions for Industrial Applications | …
Powder Coating Market is expected to grow at a CAGR of 6.0% during the forecast period (2024 - 2031).
Powder Coating Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers…
Coating Equipment Market by Type (Powder coating equipment, Liquid coating equip …
The Coating Equipment Market research report incorporates the scope and objective of the study. Moreover, the report highlights key market segments and players covered. It also covers industry trends, focusing on market use cases and top market size by region, market trends, and global market size. Moreover, the Coating Equipment Market research report covers market growth rate and market share by region. Supply chain analysis, regional marketing analysis, opportunities, challenges,…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
Powder Coating Market, Powder Coating Market share, global Powder Coating Market …
High application scope in consumer goods, industrial and automotive applications will drive the powder coating market. Stringent government regulation regarding VOC emissions along with product features including emit less, ecofriendly and solvent free will fuel the industry growth.
Expansion in the automotive & transportation industry particularly in the emerging nations will propel the powder coating market growth. Shifting trends towards reduction of heat requirement during the production process are the…
