Global Low VOC Paint Market 2024-2028
Low Voc Paint Market 2024-2028
The low voc paint market is forecasted to grow by USD 1970 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the low voc paint market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased regulations on high emissions of voc, increasing awareness about harmful effects of conventional paint, and increased public awareness of environmental.
Technavio's low voc paint market is segmented as below:
By Type
- Water borne
- Solvent borne
- Powder
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing focus on bio-based and eco-friendly products as one of the prime reasons driving the low voc paint market growth during the next few years. Also, increasing demand for UV-curable paints and rising residential and commercial construction activity globally will lead to sizable demand in the market.
The report on the low voc paint market covers the following areas:
- Low voc paint market sizing
- Low voc paint market forecast
- Low voc paint market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading low voc paint market vendors that include 3M Co., Aexcel Corp., Akzo Nobel NV, American Formulating and Manufacturing, Arkema Group., Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Berger Paints India Ltd, Berkshire Hathaway Inc., Cloverdale Paint Inc., Fine Paints of Europe, Indestructible Paint Ltd., Jotun AS, Kansai Paint Co. Ltd., NEI Corp., Nippon Paint India Pvt. Ltd., PPG Industries Inc., Teijin Ltd., and The Sherwin Williams Co.. Also, the low voc paint market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The companies presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.