[257 Pages Report] The Green Coatings report covers major coatings that emit extremely low or no VOCs, and these coatings include Waterborne Coatings, Powder Coatings, High-Solids Coatings, and Radiation Cure Coatings. The market is divided further on the basis of their major applications such as architectural coatings, automotive coatings, industrial coatings, high performance coatings, wood coatings, packaging coatings, & product finishes. Of these applications, the architectural coatings dominate other coatings types. The report also covers major regions such as North America, Europe, Asia-Pacific, and the ROW with the chief countries that play a major role in driving the green coatings market. The market size for green coatings was about $60.6 billion in 2012 by value, and is estimated to grow at a CAGR of about 5.9% from 2013 to 2018. The data mentioned in the report is based on the overall demand for the foremost green coatings categories.

Huge investments from several major companies such as AkzoNobel, BASF, PPG, Sherwin-Williams, Valspar, and others to expand in quite a few countries of Asia-Pacific and Latin America is seen, where the demand for green coatings is still in the development or growing stage and will have a huge potential in the near future.

Major players made significant investments in R&D in green coatings market, followed by new product launches. The companies that deal with green coatings are consistently focusing to develop new waterborne coatings with different formulations that have antibacterial and anti-odor properties with them and that follows the regulatory environmental standards defined by EPA, REACH, and other environment & health care agencies.

The impact of different market factors such as drivers and restraints has also been illustrated in the report for green coatings market. This provides one with an idea of the major drivers such as stringent environmental regulations, growing purchasing power, and greater economic growth in developing countries, growth in end-use industries, increasing investment in infrastructure; and restraints such as availability and cost of specialized raw materials needed for specific green coatings, economic slowdown in Europe, and the U.S. thus affecting the economy of other developed countries, and others that are of key importance for the commercial success of green coatings and their end-user market.

The study provided also includes the value chain analysis with respect to green coatings raw materials suppliers such as Arkema Inc., Allnex S.a r.l., Bayer MaterialScience, DSM, Momentive, Omnova Solutions; and manufacturers such as AkzoNobel, Axalta, BASF, PPG, Sherwin-Williams, and Valspar. The end-users from the construction, automotive, wood, marine, and others have also been mentioned in the report.

Popular products in the green coatings market such as waterborne, powder, high-solids, and radiation cure coatings price trend from 2011 to 2018 has been covered in the report. The market attractiveness till 2018 by geography and coating types are also mentioned, to create a clear market scenario for stakeholders such as:

Manufacturers of

Paints and coatings

Resins, additives, pigments, and other feedstock chemicals

End-use industries such as building & construction, automotive, wood finishes, marine/yacht, aerospace, oil & gas industries, agricultural and light industrial equipment, coil coatings, extrusion coatings, general industrial coatings, electrical steel, motors, electronics industry, and others

Traders, distributors, and suppliers of paints and coatings

Regional manufacturers associations and general paints and coatings associations

Government and regional agencies and research organizations

A competitive landscape that covers different strategies, developments by major players in the major regions with their patents published till September 2013 has been covered in the report. Furthermore, the different coating market participants have been profiled in the report.

Scope of the report

The report segments the Green Coatings market as -

On the basis of coating types:

Waterborne Coatings

Powder Coatings

High-Solids Coatings

Radiation Cure Coatings

On the basis of Applications:

Architectural Coatings � Decorative, Interior & Exterior coatings, Construction Products, and Building Products

Decorative, Interior & Exterior coatings, Construction Products, and Building Products Automotive Coatings � OEM & Refinish, Collision Repair and Fleet Finishes, Automotive Aftermarket & Care, OEM Trailer, Agricultural and Light Industrial Equipment, and car wheels

OEM & Refinish, Collision Repair and Fleet Finishes, Automotive Aftermarket & Care, OEM Trailer, Agricultural and Light Industrial Equipment, and car wheels Industrial Coatings - Coil Coatings, Extrusion Coatings, General Industrial Coatings, electrical steel, motors, generators or transformers, Agricultural Finishes, interior of drums, agricultural equipment, and snow skis

Coil Coatings, Extrusion Coatings, General Industrial Coatings, electrical steel, motors, generators or transformers, Agricultural Finishes, interior of drums, agricultural equipment, and snow skis High Performance Coatings � Metal Coating, aluminum coating, exterior, road signs, Marine & Yatch coatings, Aerospace coatings, and Protective coatings

Metal Coating, aluminum coating, exterior, road signs, Marine & Yatch coatings, Aerospace coatings, and Protective coatings Packaging Coatings � Food & Beverage, Consumer Packaged Goods, Healthcare, Personal Care & Cosmetics, Industrial Chemicals, and Can coatings

Food & Beverage, Consumer Packaged Goods, Healthcare, Personal Care & Cosmetics, Industrial Chemicals, and Can coatings Wood Coatings - Furniture, Construction Products, Building Products, Professional Wood Finishes, and Consumer Stains & Finishes

Furniture, Construction Products, Building Products, Professional Wood Finishes, and Consumer Stains & Finishes Product Finishes � Electronic appliances and other consumer goods

On the basis of Geography:

North America (U.S., Canada, and Mexico)

Europe (Germany, U.K., and Italy)

Asia-Pacific (China, India, and Japan)

ROW (Russia, Brazil, and the Middle East)

The demand for environment friendly, non-hazardous, VOC complaint green coatings has increased from the end-user industry since the last decade. The global green coatings market is expected to show moderate to high growth in the next five years. The market of green coatings is segmented by different types of coatings which include waterborne coatings, powder coatings, high-solids coatings, and radiation cure coatings. These green coatings with eco-friendly property, innovative technology, and modern chemistries offer no or low VOCs and are available in different grades according to the applications such as architectural, automotive, industrial, high performance, wood, packaging, and product finishes.

Architectural & decorative, and automotive coatings are the current major growth drivers within the applications segment for the green coatings market, and also the growth of some countries in Asia-Pacific is driving the demand for green coatings. The dominance by Asia-Pacific is expected to be maintained over the next five years due to the expansions by the major players in these developing countries. In terms of revenue, the architectural coatings application is expected to show the highest growth followed by automotive and packaging coatings in the next five years. The applications of green coatings are expected to increase their market in Asia-Pacific and ROW. The market is also analyzed by drivers, restraints, and opportunities with their market attractiveness.

Geographically, the market is studied for different regions such as North America, Europe, Asia-Pacific, and ROW. The green coatings market is analyzed in terms of the volume (Kilotons) and value ($Million) market that depicts its future outlook. This analysis covers major developments, expansions, agreements, and mergers & acquisitions of leading global companies.

Green Coatings: Market Share (Revenue), By Geography, 2012

Source: MarketsandMarkets Analysis

In 2013, the global green coatings demand is estimated to be worth nearly $64.2 billion and is expected to reach $85.7 billion by 2018 at a CAGR of 5.9% from 2013 to 2018.