Title: Europe to Dominate the Green Coatings Market
1Europe to Dominate the Green Coatings Market
2Europe will dominate the Green Coatings Market
during the forecast period. Growth in
population, economic development in UK, Spain,
and Italy will have positive impact on Green
Coatings market. Growth of architectural and
automotive industries will also contribute to the
growth of the environmentally friendly coatings.
Governments interventions in the use of non
hazardous products and the growing awareness
about the use of these products will drive the
demand for green coatings in the region.
Asia-Pacific will have the fastest growth in the
market due to the growing population, growth of
automotive, packaging, and infrastructure
industry.
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3Selected Analysis done in the full Report
- The architectural coatings segment will have the
largest share in the Green Coatings Market during
the forecast period. This is due to the growth of
global infrastructure spending on residential and
commercial segments. These sectors use waterborne
coatings which have a big share in the market.
The automotive coatings segment will be the
second fastest growing application due to its
rapid growth in the recent years.
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4Excerpts on Market Growth Factors Mentioned in
the Full Report
Growing demand for waterborne technology will
drive the growth of the green powder coat in the
forecast period. Government focus on the
environment will drive the demand for ecofriendly
products, which in turn enhances the growth of
the green coatings market. Growing awareness
about Volatile Organic Compound (VOC) emissions
has spurred the demand for green coatings.
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5Key Players of the Green Coatings Market
- Axalta
- Valsapar
- PPG Industries Inc
- Asian Paints Limited
- Berger Paints India Limited and Others
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