Green Coatings Market Projected To Garner Significant Revenues By 2023Posted by sanjayhande on November 21st, 2019 Surge in awareness among consumers about sustainable products, stringent regulations, and rise in end user industries drive the growth in the market. However, fluctuations in raw material costs restrain the market growth. On the other hand, advancements in coating technology and increase in usage of radiation cure coatings create new opportunities in the industry. According to the report, global green coatings market garnered .67 billion in 2017, and is estimated to reach 8.99 billion by 2023, growing at a CAGR of 5.8% from 2017 to 2023. Click Here To Access The Sample Report @ https://www.alliedmarketresearch.com/request-sample/2569 Waterborne coatings to remain dominant throughout the forecast period Architectural coatings to be lucrative segment Europe to maintain its leadership status by 2023 Europe held the major market share in 2017, contributing to nearly one-third of the total share. This segment is expected to dominate in terms of revenue by 2023, owing to stringent regulations on traditional synthetic coatings and launch of innovative products in the region. However, Asia-Pacific is expected grow at the fastest rate with a CAGR of 6.7% from 2017 to 2023, owing to increase in awareness regarding energy efficient houses, preference for green buildings, and rise in residential housing projects across China, India, and other countries. Frontrunners in the industry
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