International. A new report by Research and Markets forecasts that demand for "green" coatings will grow by an estimated $85 billion in 2018.
In 2013, global demand for green coatings is estimated to be worth close to US$64.2 billion and is expected to reach US$85.7 billion in 2018, with a CAGR (Compound Annual Growth Rate) of 5.9% from 2013 to 2018.
The new report addresses the major green coatings markets, including water-based coatings, powder coatings, high solids coatings, and radiation curing coatings.
The total green coatings market has been analyzed on porter's Five Forces Analysis model. This gives an idea of the current market activity in the industry at a commercial level. The study provides a value chain analysis with respect to raw materials and raw materials, manufacturers, and end use. The value chain outlines key factors for the coatings market at different stages of end-use product development.
