DUBLIN, Ireland - A new report estimates the demand for “green” coatings to reach approximately $85 billion by 2018. The report, Green Coatings Market by Types (Waterborne, Powder, High-Solids, Radiation Cure) & by Applications (Architectural Coatings, Automotive Coatings, Industrial Coatings, High Performance Coatings, Wood Coatings, Packaging Coatings, & Product Finishes) - Global Trends & Forecast to 2018, is now available from Research and Markets Ltd.
In 2013, global green coatings demand is estimated to be worth nearly $64.2 billion and is expected to reach $85.7 billion by 2018, with a CAGR of 5.9 percent from 2013 to 2018. The new report covers the major green coatings markets, including waterborne coatings, powder coatings, high-solids coatings and radiation-cure coatings. It further divides the market on the basis of types, applications and geography. The market data for coatings types are given with respect to volume and value. Data are based on the demand from all the categories.
The total market for green coatings has been analyzed based on the Porter's Five Forces model. This gives a picture of current market activity in the industry at a commercial level. The study provides value-chain analysis with respect to raw materials and feedstock, manufacturers, and end use. The value chain describes key contributors to the coatings market at different stages from product development to end-use.
The impact of different market factors, such as drivers, restraints and opportunities, is also provided in the report for each coating type. This gives a picture of the major drivers and opportunities, which are of key importance for the commercial success of green coatings manufacturers and the end-user market. The market is also analyzed based on the patents filed by different industrial participants over a period of time. This shows the latest products and technologies on which the manufacturers have been focusing over the past few years.
The report classifies the market on the basis of different applications. Architectural applications dominate the market followed by automotive and industrial coatings.
The study segments the market by major regions, including North America, Europe, Asia-Pacific and Rest of the World (ROW). The regions are further segmented for North America – United States, Canada and Mexico; Asia-Pacific - China, Japan, India and Rest of Asia-Pacific; Europe - Germany, U.K. and Italy, and other countries of Western Europe; and Rest of the World - Brazil, Russia, Middle East, and others such as Africa and Latin America (excluding Brazil).
Also included is a competitive landscape covering different strategies and developments undertaken by green coatings companies in the past few years. Different market participants are also profiled in the report, which gives details about companies, including an overview, financial details, recent developments and SWOT analysis.
For more information about the report, visit http://www.researchandmarkets.com/publication/oi6lji/green_coatings_market_by_types_applications.