Green Coating Market Size, Share, Demand & Trends by 2033
According to the research report published by Future Market Insights, the global green coatings market is projected to be worth US$ 131.27 billion in 2023. It is likely to reach a valuation of US$ 213.83 billion by 2033. The market is anticipated to showcase an average CAGR of 5% from 2023 to 2033. The increasing awareness and emphasis on adopting sustainable solutions are expected to boost market growth during the forecast period. Green coatings are environmentally friendly and emit low or no volatile organic compounds during manufacturing. Since green coatings emit only seldom VOCs, they are suitable for a wide range of applications across several industries including construction, automotive, aerospace, oil & gas, mining, maritime, and others. The mushrooming demand for zero VOC coatings across these industries is predicted to significantly contribute to the market’s expansion. Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more