PUBLISHER: TechNavio | PRODUCT CODE: 1074749
PUBLISHER: TechNavio | PRODUCT CODE: 1074749
Technavio has been monitoring the low VOC paint market and it is poised to grow by $ 2.82 bn during 2022-2026, accelerating at a CAGR of 6.2% during the forecast period. Our 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 global market scenario, 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 the environment.
The low VOC paint market analysis includes the type segment and geographic landscape.
Technavio's low VOC paint market is segmented as below:
By Type
By Geographical Landscape
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.
Technavio 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. Our report on low VOC paint market covers the following areas:
Technavio's robust 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.
Technavio 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. Technavio's 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.
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