The latest research report released by the research organization ZionMarket Research pointed out that due to the increasing attention to environmental protection and user environment, the application of green environmental protection coatings is becoming more and more popular Traditional industrial coatings are highly toxic and contain high VOCs. They are easy to release toxic substances under normal temperature conditions, which can cause kidney damage, headaches, dizziness and other health risks. Therefore, technological innovation is needed to improve the quality of coatings and reduce harm to the human body. Many companies have turned to environmentally-friendly coating formulation design to improve health and safety factors and strengthen environmental protection.
From the perspective of the application of green environmental protection coatings, it can be divided into packaging coatings, industrial coatings, wood coatings, architectural coatings, and automotive coatings. Among them, the development of architectural coatings in recent years has been higher than the average growth rate, and the demand for infrastructure, especially commercial and civil buildings, has been increasing, which has a greater impact on the global green coatings market. From the perspective of its varieties, it can be divided into high-solid coatings, water-based coatings, powder coatings, and radiation curing coatings. From the perspective of its market regional distribution, it can be divided into North America, Asia Pacific, Europe, Latin America, Middle East and Africa. The Asia-Pacific region is the world's largest market for green coatings.
The main factors that promote the development of the global green coatings market include more and more users, stricter government environmental regulations, and increasing awareness of VOCs control. The study pointed out that the increasing application demand for light-curable coatings and plant-based wood coatings is expected to promote the development of the global green coatings market. Moreover, coating companies focus on strategic planning, such as mergers and reorganizations, new product development, cooperation and alliance mechanisms, and technological innovation, which will also promote the development of the global green coatings market in the next few years.
The study pointed out that due to the increasing consumer demand in the industrial sector, the increasing awareness of government departments for environmental protection, and the increasing tendency of users to prefer green coatings.