Please Wait.....
Report
Global Green Coatings Market Report and Forecast 2024-2032
Market Report I 2024-05-02 I 177 Pages I EMR Inc.
Global Green Coatings Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global green coatings market size reached a value of USD 108.78 billion in 2023. Aided by the growing demand for eco-friendly painting solutions across diverse end-user industries., the market is projected to further grow at a CAGR of 4.8% between 2024 and 2032 to reach a value of USD 170.1 billion by 2032.
Green coatings, also known as eco-friendly or sustainable coatings, are formulated using renewable resources, low-VOC (volatile organic compound) or zero-VOC ingredients, and non-toxic additives, thereby minimising environmental impact and improving indoor air quality. With increasing emphasis on sustainability and green building standards, the demand for green coatings is expected to escalate.
As per the green coatings market analysis, stringent regulations aimed at reducing VOC emissions and promoting sustainable practices are driving the adoption of green coatings across various regions. Government initiatives and green building standards mandate the use of eco-friendly coatings in construction and renovation projects, creating a favourable regulatory environment for market growth.
Growing awareness among consumers and businesses regarding the environmental impact of conventional coatings is driving demand for green alternatives, which can fuel the green coatings market growth. Concerns over air pollution, indoor air quality, and health hazards associated with VOC emissions are prompting stakeholders to prioritise eco-friendly coatings solutions.
The construction sector is witnessing a shift towards sustainable building practices, including the use of green coatings to achieve LEED (Leadership in Energy and Environmental Design) certification and comply with green building standards. Green coatings offer superior performance, durability, and aesthetics while minimising environmental footprint, making them preferred choices for architects, builders, and property owners, and further propelling the green coatings market expansion.
Green coatings formulated with bio-based and renewable raw materials, such as plant oils, soybean, corn, and cellulose derivatives, are gaining traction due to their sustainability credentials and low environmental impact. Manufacturers are increasingly sourcing raw materials from renewable sources to reduce dependence on fossil fuels and minimise carbon footprint.
As per the green coatings market outlook, low-VOC and zero-VOC coatings, which emit minimal or no harmful volatile organic compounds, are witnessing growing demand due to their eco-friendly properties and compliance with stringent environmental regulations. Waterborne, powder, and UV-curable coatings are preferred choices for applications requiring low VOC emissions and high performance.
Energy-efficient and cool roof coatings, formulated with reflective pigments and infrared-reflective technologies, are gaining popularity for their ability to reduce energy consumption, mitigate urban heat island effects, and enhance building sustainability. Cool roof coatings in the green coatings market help reduce cooling costs, improve indoor comfort, and contribute to energy efficiency in buildings. The adoption of circular economy principles, including recycling, reuse, and resource efficiency, is driving the development of sustainable coatings solutions. Manufacturers are exploring closed-loop systems and eco-friendly packaging options to minimize waste and optimise resource utilization throughout the coatings lifecycle.
Growing emphasis on carbon neutrality and net-zero emissions goals is driving demand for carbon-neutral coatings formulations. Manufacturers are investing in carbon footprint reduction strategies, including energy efficiency improvements, renewable energy sourcing, and carbon offsetting initiatives, to offer coatings with minimal environmental impact, further boosting the green coatings market share.
Smart coatings, equipped with functionalities such as self-healing, self-cleaning, anti-corrosion, and anti-microbial properties, are emerging as innovative solutions for various industrial and architectural applications. Smart coatings offer enhanced durability, performance, and maintenance benefits, contributing to sustainability and lifecycle cost savings.
Ongoing research and development efforts are focused on advancing formulation technologies and raw materials for green coatings. Innovations in bio-based polymers, nanotechnology, and waterborne formulations are enhancing the performance, durability, and application properties of green coatings, driving market adoption and differentiation.
Market Segmentation
The market can be divided based on type, end use, and region.
Market Breakup by Type
- Water-Borne
- Powder
- High-solids
- UV-cured Coatings
Market Breakup by End Use
- Architectural
- Industrial
- Automotive
- Wood
- Packaging
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global green coatings market. Some of the major players explored in the report by Expert Market Research are as follows:
- Akzo Nobel N.V.
- PPG Industries, Inc.
- Solvay SA
- Nippon Paint Holdings Co., Ltd.
- Axalta Coating Systems, LLC
- Evonik Industries AG
- The Sherwin-Williams Company
- Arkema SA
- DAW SE
- Lifetime Green Coatings
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Green Coatings Market Analysis
8.1 Key Industry Highlights
8.2 Global Green Coatings Historical Market (2018-2023)
8.3 Global Green Coatings Market Forecast (2024-2032)
8.4 Global Green Coatings Market by Type
8.4.1 Water-Borne
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Powder
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 High-solids
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 UV-cured Coatings
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Green Coatings Market by End Use
8.5.1 Architectural
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Industrial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Automotive
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Wood
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Packaging
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Others
8.6 Global Green Coatings Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Green Coatings Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Green Coatings Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Green Coatings Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Green Coatings Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Green Coatings Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Akzo Nobel N.V.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 PPG Industries, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Solvay SA
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nippon Paint Holdings Co., Ltd.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Axalta Coating Systems, LLC
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Evonik Industries AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 The Sherwin-Williams Company
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Arkema SA
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 DAW SE
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Lifetime Green Coatings
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Green Coatings Market: Key Industry Highlights, 2018 and 2032
2. Global Green Coatings Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Green Coatings Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Green Coatings Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Green Coatings Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Green Coatings Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Green Coatings Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Green Coatings Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Green Coatings Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Green Coatings Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Green Coatings Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Green Coatings Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Green Coatings Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Green Coatings Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Green Coatings Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Green Coatings Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Green Coatings Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Green Coatings Market Structure
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security