Global Bio-based and Low VOC Paints Market Growth 2023-2029
Volatile organic compounds or VOCs are referred to as substances or materials such as formaldehyde which are basically employed in paints in order to enable them to dry easily and quickly. These are considered to be extremely toxic for humans and the release of high levels of volatile organic fumes from VOC paints are also harmful for the environment.
LPI (LP Information)' newest research report, the “Bio-based and Low VOC Paints Industry Forecast” looks at past sales and reviews total world Bio-based and Low VOC Paints sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-based and Low VOC Paints sales for 2023 through 2029. With Bio-based and Low VOC Paints sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based and Low VOC Paints industry.
This Insight Report provides a comprehensive analysis of the global Bio-based and Low VOC Paints landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based and Low VOC Paints portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based and Low VOC Paints market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based and Low VOC Paints and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based and Low VOC Paints.
The global Bio-based and Low VOC Paints market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Regions such as Asia Pacific, Latin America, Middle East, and Africa are projected to witness brisk growth over the forecast period. Growing population and increasing disposable income have resulted in rapid urbanization in the developing regions. Such a shift in trend is expected to complement the regional market over the forecast period. Countries such as China, India, Brazil, and South Africa are projected to lead their respective regional markets over the next seven years.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based and Low VOC Paints market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Zero VOC
Low VOC
VOC Absorbing
Natural Paints
Segmentation by application
Paints & Coatings
Industrial & Domestic Cleaning
Printing Inks
Adhesives & Sealants
Pharmaceutical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Pflanzenchemie AG
Benjamin Moore & Co.
DuraSoy One Paint
The Freshaire Choice
Mythic Paint
BASF SE
Cargill
Bioshield
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio-based and Low VOC Paints market?
What factors are driving Bio-based and Low VOC Paints market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based and Low VOC Paints market opportunities vary by end market size?
How does Bio-based and Low VOC Paints break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.