Green Coatings Global Market Report 2026

Green coatings denote environmentally friendly coatings that generate minimal volatile organic compounds (VOCs) and stem from natural origins like vegetable oil, soybean, castor oil, milk, and clay. Their purpose is to diminish chemical content in paints while safeguarding surfaces like roofs and sidings against UV degradation and weathering. They enhance the efficiency of equipment across various sectors such as construction, automotive, oil and gas, mining, aviation, aerospace, and marine.

These coatings mainly exist in four types including waterborne coatings, powder coatings, high-solids coatings, and radiation cure coatings. Waterborne coatings utilize water as a solvent to emulsify pigments and binders, contributing to eco-friendly paint formulations and pollution reduction. Derived from sources like vegetable oil, soybean, castor oil, clay, among others, these green coatings find applications in industrial, architectural, automotive, packaging, and other industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the green coatings market by increasing costs of imported bio-based raw materials, specialty additives, resins, and advanced coating equipment. Manufacturers in North America and Europe are most affected due to reliance on imported sustainable inputs, while Asia-Pacific faces pricing pressure on export-oriented coating production. These tariffs are increasing formulation costs and slowing adoption in price-sensitive markets. However, they are also supporting local sourcing of renewable materials, regional production expansion, and innovation in cost-efficient green coating technologies.

The green coatings market research report is one of a series of new reports from The Business Research Company that provides green coatings market statistics, including green coatings industry global market size, regional shares, competitors with a green coatings market share, detailed green coatings market segments, market trends and opportunities, and any further data you may need to thrive in the green coatings industry. This green coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The green coatings market size has grown strongly in recent years. It will grow from $108.7 billion in 2025 to $117.64 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to stricter environmental regulations on coatings, growth of construction and infrastructure projects, rising automotive production volumes, availability of bio-based raw materials, industrial shift away from solvent-based coatings.

The green coatings market size is expected to see strong growth in the next few years. It will grow to $156.63 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to increasing sustainability mandates across industries, rising adoption of electric vehicles, expansion of eco-friendly building materials, growing investments in green chemistry innovations, increased demand for durable protective coatings. Major trends in the forecast period include increasing adoption of low-voc coating solutions, rising demand for bio-based coatings, growing use of waterborne and powder coatings, expansion of green coatings in automotive applications, enhanced focus on corrosion and uv protection.

The growing automotive industry is expected to drive the expansion of the green coatings market going forward. The automotive industry includes a broad range of companies and organizations involved in designing, developing, manufacturing, marketing, selling, repairing, and modifying motor vehicles. Green coatings are environmentally friendly solutions used across various sectors, including automotive. These coatings help protect vehicles, improve aesthetics, support regulatory compliance, and enhance health and safety conditions for workers during application, as well as for vehicle occupants. For example, in June 2023, according to reports from the Society of Motor Manufacturers and Traders (SMMT), a UK-based trade association, passenger car sales in the UK increased by 25.8%, rising from 140,958 units in 2022 to 177,266 units in 2023. Therefore, the expansion of the automotive industry is fueling the growth of the green coatings market.

Major companies in the green coatings market are prioritizing the development of innovative biosurfactants designed to boost the performance of waterborne coatings and inks while improving sustainability, reducing environmental impact, and enhancing durability without compromising quality or safety. Biosurfactants are surface-active compounds produced by microorganisms such as bacteria, yeast, and fungi. They comply with the EU Ecolabel, demonstrating their suitability for environmentally conscious applications. Their production generates very low levels of volatile organic compounds (VOCs), making them safer for human health and the environment. For instance, in September 2024, Evonik Industries AG, a Germany-based company, introduced TEGO Wet 570 Terra and TEGO Wet 580 Terra. Both are made entirely from natural resources through a specialized fermentation process using microorganisms, distinguishing them from traditional fossil-based surfactants.

In March 2023, Stahl, a Netherlands-based provider of coatings technologies, acquired ICP Industrial Solutions Group for approximately US$ 205 million. This acquisition enables Stahl to strengthen its specialty coatings portfolio by incorporating ICP's water-based and energy-cured coatings for packaging and labeling applications, further advancing its sustainable and low-VOC coatings offerings. ICP Industrial Solutions Group is a US-based provider of high-performance packaging and labeling coatings, including water-based and energy-cured technologies used in food, pharmaceutical, and industrial applications.

Major companies operating 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

Europe was the largest region in the green coatings market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the green coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the green coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The green coating market consists of sales of UV cured coatings. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Green Coatings Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses green coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for green coatings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The green coatings market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered: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
• Subsegments:
• 1) By Waterborne Coatings: Acrylic Coatings; Alkyd Coatings; Epoxy Coatings
• 2) By Powder Coatings: Thermoset Powder Coatings; Thermoplastic Powder Coatings
• 3) By High-Solids Coatings: High-Solid Acrylics; High-Solid Polyurethanes
• 4) By Radiation Cure Coatings: UV-Curable Coatings; Electron Beam-Curable Coatings
• Companies Mentioned: 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
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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