Green Coatings Market

Date: 2016-05

With the advent of going green concept among the painting industry, green coating is anticipated to experience a surge from all perspective such as meeting regulations by specifying appropriate product. The main purpose why these fluids are used is because it has very little or no volatile organic compounds (VOCs) that pollutes the environment or indirectly reduces pollution during any of its stages.

These coatings are used for variety of purposes which include environment friendly protection from wear as well as resistance to dirt. The main factor owing to the growth of this industry is significant investments in R&D in green coatings market, followed by new product launches. Another important reason for the rise in green coating industry is its superior performance as compared to other coatings. There are different technologies and materials being used for achieving this purpose.

The green coatings market has been segmented in to different segments such as type, resins, end-user application and geography exclusively. While there are many different components and coating types in the industry, the classification of green coating based on the type is done into the following classes; water-borne coating, high-solids coating, powder coating and radiation cure coating. Based on the type of coating resins commercially available, the market is categorized into various categories such as acrylic, alkyd, urethane and others. Each type varies greatly and the composition is different with different technical specifications. Green coating is being used in different applications. The key user segments include automotive, architectural, aerospace, marine, electronics, aviation and others.

The overall market is also presented from the perspective of different geographic regions and the key countries in each region. The market has been segmented in to four regions North America, Europe, Asia-pacific and Rest of the World. Competitive landscape for industry and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2014 are provided.

Few of the companies that are profiled in this report include:
AkzoNobel N.V.,
Asian Paints Limited and more.


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