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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Waterborne paint is the kind of eco-friendly vehicle paint. How the paint is thinned is what distinguishes these two paints. Petrochemical chemicals are used in solvent-borne paints to thin the paint.
As opposed to organic solvents, which are classified as volatile organic compounds, water is utilised as a diluent to disperse a resin in waterborne coatings, making them more environmentally friendly and greener.
Natural components such as lemon peel extract, seed oil, and beeswax are the only ones used in the production of eco-friendly paints. These paints don't emit any toxic pollutants while being made, thus there are no adverse environmental side effects.
The Global automotive eco friendly coating market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Launch of Industrial Eco-packaging by BASF and Nippon Paint China in China The Nippon Paint dry-mixed mortar series products have begun using an environmentally friendly industrial packaging that was jointly introduced by BASF and Nippon Paint China.
The novel packaging material for the construction dry mortar products of Nippon Paint is commercialised, using BASF's water-based acrylic dispersion Joncryl High-Performance Barrier (HPB) as the barrier material. China will be the first country to employ BASF's water-based barrier coatings for industrial packaging.
By considerably enhancing the recyclability of paper-based packaging and replacing plastics used in conventional packaging, Joncryl HPB creates a unique "Paper Replacing Plastics" in industrial packaging.
Its use in the Nippon Paint dry-mixed mortar series products is anticipated to save thousands of tonnes of plastic each year and reuse close to 10,000 tonnes of paper bags, assisting in the preservation of forests, land, water, electricity, and other resources, lowering carbon emissions, and fostering the development of a circular economy and the sustainable growth of the packaging sector.
Their primary strategies have always been innovation and sustainability. This partnership with Nippon Paint represents yet another breakthrough in the industrial packaging sector and represents their joint efforts to drive industry growth, advance a circular economy, and improve people's quality of life.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |