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Green Coatings Market Estimated to Reach $146.91 Billion by 2029, Expanding at a CAGR of 7.8% | Major Drivers, Segments, and Competitive Outlook

8 Sep, 2025

Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company

In response to fluctuating tariffs and geopolitical trade developments, the Green Coatings Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.

What Are the Key Forecast Insights for the Green Coatings Market Growth?

The market size for green coatings has seen significant expansion lately. The market will expand from $101.62 billion in 2024 to $108.7 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%.

What Is the Predicted Industry Size and CAGR of the Green Coatings Market in 2029?

The green coatings market is projected to reach a market size of $146.91 billion in 2029, with a compound annual growth rate (CAGR) of 7.8%.

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Which Factors Are Driving Growth in the Green Coatings Market?

The key Drivers in the green coatings market are:

• Surge in the construction industry
• Increasing demand for green buildings
• Widespread need for bio-based paints and coatings
• Adoption of eco-friendly solutions to reduce pollution

Which Segment Trends Are Covered in the Green Coatings Market Forecast?

The green coatingsmarket covered in this report is segmented –
1) By Type: Waterborne Coatings, Powder Coatings, High-Solids Coatings, Radiation Cure Coatings
2) By Source: Vegetable Oil, Soy Bean, Castor Oil, Clay, Other Sources
3) By End-Use Industry: Industrial, Architectural, Automotive, Packaging, Other End-Use Industries

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What Are the Current Market Trends in the Green Coatings Industry?

The key trends in the green coatings market are:

• Major companies in the green coatings market are developing innovative biosurfactants to boost the performance of waterborne coatings and inks.
• These biosurfactants are environmentally friendly and contribute to reducing environmental impact and increasing durability.
• The biosurfactants are low in volatile organic compounds, making them less harmful to human health and environment.
• Some companies are moving away from traditional fossil-based surfactants, opting instead to create products that are 100% derived from natural resources.

Who are the Key Companies in the Green Coatings Market?

The key players in the green coatings market are:

• Akzo Nobel NV
• Axalta Coating Systems Ltd.
• BASF SE
• PPG Industries Inc.
• The Sherwin Williams Company
• Arkema Group
• Asian Paints Limited
• Berger Paints India Limited
• Jotun A/S
• Hempel A/S
• Nippon Paint Holdings Co. Ltd.
• RPM International Inc.
• Kansai Paint Co. Ltd.
• Tikkurila Oyj
• Sika AG
• Valspar Corporation
• The Dow Chemical Company
• KCC Corporation
• DAW SE
• Eastman Chemical Company
• BioShield Technologies Inc.
• Green Planet Paints
• ECOS Paints
• AFM Safecoat
• Mythic Paint
• Old Fashioned Milk Paint Co.
• Livos
• Earthborn Paints
• Auro Naturfarben
• Lanxess AG

What are the Regional Trends Across the Green Coatings Market?

Europe was the largest region in the green coatings market in 2024

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