Report Title:
Green Coating Market Research Report 2019-2025 Published On: July 2019 Pages: 112
Category: Paints And Coatings
Report Overview:
Abstract:
Green Coatings are eco-friendly paint coating with low volatile organic compound (VOC) content. Emission of VOC releases toxics in the surrounding air causing health problems, such as dizziness, headache, kidney damage, and harms the ozone layer. Development of sustainable products has gained importance over the past few decades, due to which manufacturers are focused on introducing eco-friendly products to the market. Manufacturers are aiming to produce high-performance coatings that have zero or low VOC with good durability. Application of green coatings in end-use industries and rising awareness regarding VOC emissions have contributed to the growth of the green coatings market globally. Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/34476/green-coating-2019-2025-973
The building temperature is increased when the sun rays strike the exterior of a building and the absorbed infrared light is converted to heat. This also results in the heat island effect, which in turn, increases the cost of air conditioning and electricity expenditure for building owners. Consequently, manufacturers have developed and introduced solar reflective coatings with the incorporation of solar reflective pigments. These solar reflective coatings or green protective coating help the exteriors of buildings to remain cool. Research analysis on the global green coating market identifies that the implementation of solar-reflective coatings will be one of the major factors that will have a positive impact on the growth of the market.
APAC contributed the majority of share toward the green coating market during 2017 due to the rapid growth of the automotive and construction industries in emerging economies such as India and China. It has been estimated that the green coating technology market will continue to grow in the region throughout the forecasted period.
In 2019, the market size of Green Coating is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
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