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市場調査レポート
商品コード
1541607

グリーンコーティング市場レポート:タイプ・用途・地域別、2024~2032年

Green Coatings Market Report by Type (Waterborne, Powder, High Solid, UV Cured), Application (Architectural Coatings, Industrial Coatings, Automotive Coatings, Wood Coatings, Packaging Coatings, and Others), and Region 2024-2032


出版日
発行
IMARC
ページ情報
英文 146 Pages
納期
2~3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=151.95円
グリーンコーティング市場レポート:タイプ・用途・地域別、2024~2032年
出版日: 2024年08月10日
発行: IMARC
ページ情報: 英文 146 Pages
納期: 2~3営業日
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  • 概要
  • 図表
  • 目次
概要

世界のグリーンコーティング市場規模は2023年に899億米ドルに達しました。今後、IMARC Groupは、2024~2032年にかけて3.9%の成長率(CAGR)を示し、2032年には1,285億米ドルに達すると予測しています。厳しい環境規制や政策の増加、労働安全衛生対策の広範な実施、グリーン建設やサステイナブル建築に向けた動向の台頭などが、市場を推進する主要要因となっています。

グリーンコーティング市場分析

市場の成長と規模世界のグリーンコーティング市場は、厳しい環境規制やサステイナブル製品への志向の高まりなどの要因によって、着実な成長を遂げています。

主要市場促進要因:主要市場促進要因としては、揮発性有機化合物(VOC)排出量の低減を求める厳しい環境規制や、環境に優しい製品への嗜好の高まりが挙げられます。建築や自動車セグメントでは、世界の持続可能性の動向に合わせてグリーンコーティングを急速に採用し、市場での訴求力を高めています。

主要市場動向:特筆すべき動向は、環境負荷の低さで知られる水性塗料や粉体塗料へのシフトです。耐久性と効率性の向上に焦点を当てた技術革新とバイオベースの代替品の開発が、市場を生態学的・経済的に大きな利益へと導いています。

地理的動向:建設活動の増加、産業の成長、厳格な環境政策が市場を牽引しています。しかし、北米は持続可能性を重視し、環境に優しい製品を支持する規制の枠組みがあることから、急成長市場として浮上しています。

競争環境:同市場は激しい競争を特徴としており、主要企業は競争優位性を獲得するため、技術の進歩、戦略的提携、製品ポートフォリオの拡大に注力しています。企業は、厳しい環境基準を満たす革新的でサステイナブルコーティングソリューションを開発するため、研究事業への投資を増やしています。

課題と機会課題には、原材料の高コストや、環境に優しい成分で最適な性能を達成するための技術的制約などがあります。とはいえ、市場関係者がコスト効率の高い高性能ソリューションを革新・開発し、市場競合を高める機会は、こうした課題を克服するものと予測されます。

グリーンコーティング市場傾向/促進要因

消費者の意識と需要

環境の持続可能性に関する消費者の意識の高まりにより、グリーンコーティングを含むグリーン製品への需要が大幅に増加しています。消費者は、大気汚染やVOC暴露による健康リスクなど、従来の塗料がもたらす有害な影響について知識を深めています。その結果、工業用と住宅用の両方で環境に優しい代替品を求める傾向が強まっています。このような消費者の需要の高まりは市場の強力な推進力として機能し、企業はグリーンコーティングの開発とマーケティングへの投資を余儀なくされています。これとともに、高い需要が売上を押し上げ、業界内の技術革新を促しています。消費者の目が肥えるにつれて、グリーンコーティングは性能、価格、持続可能性への期待に応えるべく絶えず進化し続けなければならず、それがグリーンコーティング市場の成長に拍車をかけています。

経済的インセンティブの増大

規制要件や消費者の要求に応えるだけでなく、企業はグリーンコーティングを採用することで様々な経済的メリットが得られることに気付いています。一部の政府は、環境に優しいコーティングの使用を含むサステイナブル実践を行う企業に対して、税制上の優遇措置や助成金を提供しています。さらに、グリーンコーティングは、従来のものと比べて寿命が長く、耐摩耗性や耐裂性に優れていることが多いため、長期的なメンテナンス・コストの削減につながります。さらに、グリーンコーティングの使用は市場の差別化要因にもなり、社会的責任や環境に配慮しているという企業のブランドイメージを高める。これは顧客ロイヤルティと市場シェアの向上につながり、業界の重要な原動力となります。さらに、特に消費者の環境意識が高まるにつれて、企業は持続可能性への取り組みが世界市場での競合を高めることを認識し始めています。

絶え間ない技術の進歩

近年、グリーンコーティング業界は、製品の性能や塗布方法を向上させる数々の技術的進歩の恩恵を受けています。それに伴い、ナノ技術、水性技術、高固形分材料などの技術革新により、耐久性、耐食性、仕上がり品質が向上したグリーンコートが開発されています。このような技術的改良により、グリーンコーティングは従来の製品に代わる実行可能で優れた代替品となりつつあります。例えば、一部のグリーンコーティングは、セルフクリーニングや抗菌性などの機能性を追加しています。このような技術的進歩は、自動車用仕上げ剤から工業用保護剤まで、グリーンコートの用途を拡大し、市場範囲と潜在的なグリーンコーティング市場の収益源を拡大することで、市場の強力な推進力となっています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界のグリーンコーティング市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:タイプ別

  • 水性
  • 粉末
  • ハイソリッド
  • UV硬化

第7章 市場内訳:用途別

  • 建築用コーティング
  • 工業用コーティング
  • 自動車用コーティング
  • 木材コーティング
  • 包装コーティング
  • その他

第8章 市場内訳:地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第9章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第10章 バリューチェーン分析

第11章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第12章 価格分析

第13章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Akzo Nobel N.V.
    • Asian Paints Limited
    • Axalta Coating Systems Ltd.
    • BASF SE
    • Hempel A/S
    • Jotun
    • Kansai Paint Co. Ltd.
    • Koninklijke DSM N.V.
    • Nippon Paint Holdings Co. Ltd.
    • PPG Industries Inc
    • The Sherwin-Williams Company
図表

List of Figures

  • Figure 1: Global: Green Coatings Market: Major Drivers and Challenges
  • Figure 2: Global: Green Coatings Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Green Coatings Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Green Coatings Market: Breakup by Type (in %), 2023
  • Figure 5: Global: Green Coatings Market: Breakup by Application (in %), 2023
  • Figure 6: Global: Green Coatings Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Green Coatings (Waterborne) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 8: Global: Green Coatings (Waterborne) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 9: Global: Green Coatings (Powder) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Green Coatings (Powder) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Green Coatings (High Solid) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Green Coatings (High Solid) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Green Coatings (UV Cured) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Green Coatings (UV Cured) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Green Coatings (Architectural Coatings) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Green Coatings (Architectural Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Green Coatings (Industrial Coatings) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Green Coatings (Industrial Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Green Coatings (Automotive Coatings) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Green Coatings (Automotive Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Green Coatings (Wood Coatings) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Green Coatings (Wood Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Green Coatings (Packaging Coatings) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Green Coatings (Packaging Coatings) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Green Coatings (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Green Coatings (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: North America: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: North America: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: United States: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: United States: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Canada: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Canada: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Asia-Pacific: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Asia-Pacific: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: China: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: China: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Japan: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Japan: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: India: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: India: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: South Korea: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: South Korea: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Australia: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Australia: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Indonesia: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Indonesia: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Others: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Others: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Europe: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Europe: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Germany: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Germany: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: France: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: France: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: United Kingdom: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: United Kingdom: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Italy: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Italy: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Spain: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Spain: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Russia: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Russia: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Others: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Others: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: Latin America: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: Latin America: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: Brazil: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: Brazil: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Mexico: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Mexico: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Others: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Others: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Middle East and Africa: Green Coatings Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Middle East and Africa: Green Coatings Market: Breakup by Country (in %), 2023
  • Figure 75: Middle East and Africa: Green Coatings Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Global: Green Coatings Industry: SWOT Analysis
  • Figure 77: Global: Green Coatings Industry: Value Chain Analysis
  • Figure 78: Global: Green Coatings Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Green Coatings Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Green Coatings Market Forecast: Breakup by Type (in Million US$), 2024-2032
  • Table 3: Global: Green Coatings Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 4: Global: Green Coatings Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 5: Global: Green Coatings Market: Competitive Structure
  • Table 6: Global: Green Coatings Market: Key Players
目次
Product Code: SR112024A4091

The global green coatings market size reached US$ 89.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 128.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032. The growing number of stringent environmental regulations and policies, the widespread implementation of occupational health and safety measures, and the emerging trend towards green construction and sustainable architecture are some of the major factors propelling the market.

Green Coatings Market Analysis:

Market Growth and Size: The global green coatings market is experiencing steady growth, driven by factors like stringent environmental regulations and the growing inclination towards sustainable products.

Major Market Drivers: Primary drivers include stringent environmental legislation demanding lower volatile organic compounds (VOC) emissions and a rise in preference for eco-friendly products. The construction and automotive sectors are rapidly adopting green coatings to align with global sustainability trends and enhance their market appeal.

Key Market Trends: A notable trend is the shift towards waterborne and powder coatings, known for their low environmental impact. Innovations focusing on enhancing durability and efficiency, along with the development of bio-based alternatives, are steering the market towards significant ecological and economic benefits.

Geographical Trends: Europe dominates the market, driven by increasing construction activities, industrial growth, and stringent environmental policies. However, North America is emerging as a fast-growing market on account of the strong emphasis on sustainability and regulatory frameworks favoring eco-friendly products.

Competitive Landscape: The market is characterized by intense competition, with key players focusing on technological advancements, strategic partnerships, and expanding product portfolios to gain a competitive edge. Companies are increasingly investing in research operations to develop innovative, sustainable coating solutions that meet stringent environmental standards.

Challenges and Opportunities: Challenges include the high cost of raw materials and technological constraints in achieving optimal performance with eco-friendly ingredients. Nonetheless, opportunities for market players to innovate and develop cost-effective, high-performance solutions, thereby driving market competitiveness, are projected to overcome these challenges.

Green Coatings Market Trends/Drivers:

Consumer Awareness and Demand

The rise in consumer awareness regarding environmental sustainability has led to a significant increase in demand for green products, including green coatings. Consumers are becoming more educated about the harmful effects of traditional coatings, such as air pollution and health risks from VOC exposure. As a result, they are increasingly seeking eco-friendly alternatives for both industrial and residential applications. This growing consumer demand acts as a robust market driver, compelling companies to invest in the development and marketing of green coatings. Along with this, high demand drives sales and encourages innovation within the industry. As consumers become increasingly discerning, green coatings must continually evolve to meet expectations for performance, affordability, and sustainability, thereby fueling the green coatings market growth.

Increasing Economic Incentives

Besides meeting regulatory requirements and consumer demands, businesses are finding that adopting green coatings can offer various economic benefits. Some governments offer tax incentives or grants for companies that implement sustainable practices, including the use of eco-friendly coatings. Additionally, green coatings often have longer lifespans and higher resistance to wear, and tear compared to their traditional counterparts, resulting in lower maintenance costs over time. In confluence with this, the use of green coatings can also be a market differentiator, enhancing a company's brand image as socially responsible and environmentally conscious. This can lead to increased customer loyalty and market share, thereby acting as a key driver for the industry. Moreover, companies are also starting to recognize that a commitment to sustainability can make them more competitive in the global market, particularly as consumers become more environmentally conscious.

Continuous Technological Advancements

In recent years, the green coatings industry has benefited from numerous technological advancements that have enhanced product performance and application methods. Along with this, innovations in nanotechnology, waterborne technologies, and high-solid materials have led to the development of green coatings with improved durability, corrosion resistance, and finish quality. These technical improvements are increasingly making green coatings a viable and often superior alternative to traditional products. For instance, some green coatings now offer added functionalities, such as self-cleaning and anti-microbial properties. These technological advancements serve as a strong market driver by broadening the range of applications for green coatings, from automotive finishes to protective industrial coatings, thus expanding market reach and potential green coatings market revenue streams.

Green Coatings Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global green coatings market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

Waterborne

Powder

High Solid

UV Cured

Waterborne dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes waterborne, powder, high solid, and UV cured. According to the report, waterborne represented the largest segment.

The green coatings industry is experiencing significant growth, driven primarily by increased environmental awareness and stringent government regulations aimed at reducing volatile organic compounds (VOCs). Waterborne coatings, a subcategory within green coatings, are gaining prominence as they meet both sustainability objectives and performance criteria. One of the key market drivers for waterborne types is the escalating demand from the automotive and construction sectors, which require coatings that are not just durable but also eco-friendly. Besides this, technological advancements have also fueled this trend, with new waterborne formulations offering comparable or superior qualities to traditional solvent-based coatings. Furthermore, public perception favoring green products is steering both consumers and industries toward more sustainable options. Another driver is the economic benefit; while the initial cost may be higher, the long-term operational and disposal costs are often lower, making it a cost-effective choice in the long run. Thus, the convergence of environmental concerns, technological innovation, economic feasibility, and industrial demand is offering a favorable green coatings market outlook.

Breakup by Application:

Architectural Coatings

Industrial Coatings

Automotive Coatings

Wood Coatings

Packaging Coatings

Others

Architectural coatings hold the largest share in the market

A detailed breakup and analysis of the market based on the application has also been provided in the report. These include architectural coatings, industrial coatings, automotive coatings, wood coatings, packaging coatings, and others. According to the report, architectural coatings accounted for the largest market share.

The market for green coatings in architectural applications is on an upward trajectory, influenced by a combination of regulatory, environmental, and consumer-driven factors. Regulatory guidelines, particularly those focused on reducing emissions of volatile organic compounds (VOCs), are compelling industries to adopt more eco-friendly solutions. This has made green coatings, especially waterborne and high-solids coatings, increasingly desirable in architectural applications, including residential and commercial buildings. In addition, consumer awareness about sustainability is another critical driver; there is a growing preference for green buildings and eco-friendly homes, which, in turn, boosts the demand for green architectural coatings. Furthermore, technological innovation also plays a vital role, as advancements in formulation chemistry have resulted in green coatings that deliver superior performance, durability, and aesthetic appeal, without compromising on environmental safety. The push for energy-efficient buildings is further encouraging the use of reflective or insulating green coatings that contribute to long-term cost savings.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Europe exhibits a clear dominance, accounting for the largest green coatings market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe represented the largest market share.

In Europe, the green coatings industry is experiencing robust growth, fueled by technological innovations, and rising consumer consciousness about environmental sustainability. Regulations have set stringent standards for chemical substances, including volatile organic compounds (VOCs) commonly found in traditional coatings. This regulatory landscape is a key market driver, steering industries towards adopting eco-friendly green coatings. Additionally, Europe's ambitious sustainability goals and climate action plans further amplify the green coatings market demand.

Apart from this, technological advancements in the formulation of high-performance, low-VOC, and waterborne coatings offer alternatives that meet both environmental and performance criteria, thus attracting industries, including automotive, construction, and maritime. Consumer preference is another influential factor. European consumers are increasingly opting for products that align with green values, including eco-friendly homes and automobiles, thereby boosting the market for green coatings. Furthermore, Europe's well-established infrastructure and investment in R&D activities provide an ideal platform for the green coatings market to flourish.

Competitive Landscape:

The global green coatings market is experiencing significant growth due to the growing consumer focus on sustainability. Companies are engaged in educating the market about the benefits of green coatings through marketing campaigns, case studies, and thought leadership content. Along with this, the accelerating investments in research and development in R&D to formulate high-quality, low-VOC, and waterborne coatings that meet environmental standards and offer superior performance is significantly supporting the market. In addition, strategic partnerships with suppliers and research institutions are being formed to accelerate the development of innovative green coating solutions, which is acting as another growth-inducing factor. In addition, manufacturers are seeking third-party certifications for their products to verify their eco-friendly attributes, thereby building trust among consumers and industrial buyers. This is positively influencing the market. Furthermore, the integration of digital tools for better supply chain management, predictive maintenance, and real-time analytics is contributing to the market. Green coatings market research delineates comprehensive insights, unveiling evolving trends, user demands, and technological advancements that are sculpting the progression of the sector towards ecological sustainability.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Akzo Nobel N.V.

Asian Paints Limited

Axalta Coating Systems Ltd.

BASF SE

Hempel A/S

Jotun

Kansai Paint Co. Ltd.

Koninklijke DSM N.V.

Nippon Paint Holdings Co. Ltd.

PPG Industries Inc

The Sherwin-Williams Company

Recent Developments:

In December 2022, Akzo Nobel N.V. finalized the acquisition of Lankwitzer Lackfabrik GmbH's wheel liquid coatings business, a move that expanded the organization's performance coatings range.

In October 2022, Asian Paints Limited signed a legally binding contract to purchase Aapex Power and Industries Private Limited's share in Harind Chemicals and Pharmaceuticals Private Limited.

In May 2021, Axalta Coating Systems Ltd. completed the expansion of its Jiading, Shanghai, China, waterborne coatings facility. The location has been enlarged in order to accommodate the rising need for environmentally friendly coating solutions in China and the Asia Pacific area for industrial, commercial, and automotive applications.

Key Questions Answered in This Report

  • 1. What was the size of the global green coatings market in 2023?
  • 2. What is the expected growth rate of the global green coatings market during 2024-2032?
  • 3. What are the key factors driving the global green coatings market?
  • 4. What has been the impact of COVID-19 on the global green coatings market?
  • 5. What is the breakup of the global green coatings market based on the type?
  • 6. What is the breakup of the global green coatings market based on the application?
  • 7. What are the key regions in the global green coatings market?
  • 8. Who are the key players/companies in the global green coatings market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Green Coatings Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Waterborne
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Powder
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 High Solid
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 UV Cured
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Architectural Coatings
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Industrial Coatings
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Automotive Coatings
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Wood Coatings
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Packaging Coatings
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Others
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Akzo Nobel N.V.
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
      • 13.3.1.3 Financials
      • 13.3.1.4 SWOT Analysis
    • 13.3.2 Asian Paints Limited
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
      • 13.3.2.3 Financials
      • 13.3.2.4 SWOT Analysis
    • 13.3.3 Axalta Coating Systems Ltd.
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
      • 13.3.3.3 Financials
    • 13.3.4 BASF SE
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
      • 13.3.4.3 Financials
      • 13.3.4.4 SWOT Analysis
    • 13.3.5 Hempel A/S
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
      • 13.3.5.3 SWOT Analysis
    • 13.3.6 Jotun
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Kansai Paint Co. Ltd.
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
      • 13.3.7.3 Financials
      • 13.3.7.4 SWOT Analysis
    • 13.3.8 Koninklijke DSM N.V.
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
      • 13.3.8.3 Financials
      • 13.3.8.4 SWOT Analysis
    • 13.3.9 Nippon Paint Holdings Co. Ltd.
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
      • 13.3.9.3 Financials
      • 13.3.9.4 SWOT Analysis
    • 13.3.10 PPG Industries Inc
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
      • 13.3.10.3 Financials
      • 13.3.10.4 SWOT Analysis
    • 13.3.11 The Sherwin-Williams Company
      • 13.3.11.1 Company Overview
      • 13.3.11.2 Product Portfolio
      • 13.3.11.3 Financials