Low VOC Paint Market: Global Top Key Players, Revenue Strategies To 2024
“Low VOC Paint Market” Report Provides a Basic Overview Of The Industry Including Its Definition, Applications and Manufacturing Technology.
(EMAILWIRE.COM, June 25, 2019 ) Market Overview
The Low VOC paint market is expected to grow at a CAGR of around 6.62% during the forecast period of 2019 – 2024. The major factors driving the growth of market studied are the growing awareness about harmful effects from conventional paints, and safe disposal of waste products & excess paint. On the flipside, high cost when compared to conventional paint is hampering the growth of the studied market.
- Water-borne segment dominated the market in 2018 and is likely to grow during the forecast period, with the growing awareness and demand for low VOC paints.
- The increasing construction of green buildings (leed ratings), shift towards environment-friendly chemicals, and recycling of low VOC paints are likely to provide opportunities for the studied market during the forecast period.
- Asia-Pacific dominated the market across the globe, where the growth of the studied market is driven by the growing demand from the architectural and automotive industry.
Request a sample of Low VOC Paint Market report @ http://www.arcognizance.com/enquiry-sample/453856
Key Market Trends
Architectural & Decorative Segment to Dominate the Market Demand
- Decorative paints help protect the surface from the impacts of weather, make the surface waterproof, protect the surface from the termite attacks, and increase the surface durability, in addition to providing an aesthetic appeal to the building.
- In addition, they offer protection from corrosion, bacteria, UV radiation, fungus, water seepage, and algae and enhance the life of the structure.
- Low VOC paints demand is dominated by the architectural & decorative industry, which is driven by the growing residential as well as commercial construction activities across the globe. During 2018, the global construction industry grew by about 3.5% and is further likely to witness growth in the coming years due to the robust performance of the construction sector.
- Asia-Pacific and Middle East & Africa regions have been witnessing strong growth in the residential construction due to huge domestic as well as foreign investments for setting up industrial unit, hospitals, malls, multiplexes, hospitality industry, and IT sector. Such construction activities are expected to add noticeably to the demand for Low VOC paints market during the forecast period.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share in 2018. With growing investments into the residential and commercial construction in the countries, such as India, China, Philippines, Vietnam, and Indonesia, the market for Low VOC paint is expected to increase in the coming years.
- China currently has numerous airport construction projects which are either in development or planning stage. These include - Beijing Capital International Airport, Chengdu Shuangliu International Airport, Guangzhou Baiyun International Airport, etc. Besides, the government rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities over the next ten years.
- In India, the government’s investment target of USD 120.5 billion for developing 27 industrial clusters is expected to boost commercial construction in the country.
- In Indonesia, the government planned to invest in construction sector about USD 450 billion by 2021, which is expected to provide boost the residential construction in the country.
- Besides, countries such as India, Indonesia, Malaysia, and Thailand have been witnessing increase in investment & production in the automotive industry, which is further likely to increase the consumption of Low VOC Paint in these countries.
- Thus, all such factors are expected to drive the demand for Low VOC paint market in the region during the forecast period.
Access this report of Low VOC Paint Market @ http://arcognizance.com/report/low-voc-paint-market-growth-trends-and-forecast-2019-2024
Competitive Landscape
The Low VOC paint market is a partially fragmented market, where numerous players hold insignificant share of the market demand to affect the market dynamics individually. Some of the noticeable players in the market include AkzoNobel N.V., Asian Paints Ltd., BASF SE, Axalta Coating Systems LLC, and The Sherwin-Williams Company, amongst others.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/453856
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: Competitive Landscape
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Construction of Green Buildings (Leed Ratings)
7.2 Shift toward Eco-Friendly Chemicals
7.3 Recycling of Low VOC Paints
Request a sample of Low VOC Paint Market report @ http://www.arcognizance.com/enquiry-sample/453856
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics based on the data collection facilities of big data, the face of business research facilities has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the out of the box developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
The Low VOC paint market is expected to grow at a CAGR of around 6.62% during the forecast period of 2019 – 2024. The major factors driving the growth of market studied are the growing awareness about harmful effects from conventional paints, and safe disposal of waste products & excess paint. On the flipside, high cost when compared to conventional paint is hampering the growth of the studied market.
- Water-borne segment dominated the market in 2018 and is likely to grow during the forecast period, with the growing awareness and demand for low VOC paints.
- The increasing construction of green buildings (leed ratings), shift towards environment-friendly chemicals, and recycling of low VOC paints are likely to provide opportunities for the studied market during the forecast period.
- Asia-Pacific dominated the market across the globe, where the growth of the studied market is driven by the growing demand from the architectural and automotive industry.
Request a sample of Low VOC Paint Market report @ http://www.arcognizance.com/enquiry-sample/453856
Key Market Trends
Architectural & Decorative Segment to Dominate the Market Demand
- Decorative paints help protect the surface from the impacts of weather, make the surface waterproof, protect the surface from the termite attacks, and increase the surface durability, in addition to providing an aesthetic appeal to the building.
- In addition, they offer protection from corrosion, bacteria, UV radiation, fungus, water seepage, and algae and enhance the life of the structure.
- Low VOC paints demand is dominated by the architectural & decorative industry, which is driven by the growing residential as well as commercial construction activities across the globe. During 2018, the global construction industry grew by about 3.5% and is further likely to witness growth in the coming years due to the robust performance of the construction sector.
- Asia-Pacific and Middle East & Africa regions have been witnessing strong growth in the residential construction due to huge domestic as well as foreign investments for setting up industrial unit, hospitals, malls, multiplexes, hospitality industry, and IT sector. Such construction activities are expected to add noticeably to the demand for Low VOC paints market during the forecast period.
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share in 2018. With growing investments into the residential and commercial construction in the countries, such as India, China, Philippines, Vietnam, and Indonesia, the market for Low VOC paint is expected to increase in the coming years.
- China currently has numerous airport construction projects which are either in development or planning stage. These include - Beijing Capital International Airport, Chengdu Shuangliu International Airport, Guangzhou Baiyun International Airport, etc. Besides, the government rolled out massive construction plans, including making provision for the movement of 250 million people to its new megacities over the next ten years.
- In India, the government’s investment target of USD 120.5 billion for developing 27 industrial clusters is expected to boost commercial construction in the country.
- In Indonesia, the government planned to invest in construction sector about USD 450 billion by 2021, which is expected to provide boost the residential construction in the country.
- Besides, countries such as India, Indonesia, Malaysia, and Thailand have been witnessing increase in investment & production in the automotive industry, which is further likely to increase the consumption of Low VOC Paint in these countries.
- Thus, all such factors are expected to drive the demand for Low VOC paint market in the region during the forecast period.
Access this report of Low VOC Paint Market @ http://arcognizance.com/report/low-voc-paint-market-growth-trends-and-forecast-2019-2024
Competitive Landscape
The Low VOC paint market is a partially fragmented market, where numerous players hold insignificant share of the market demand to affect the market dynamics individually. Some of the noticeable players in the market include AkzoNobel N.V., Asian Paints Ltd., BASF SE, Axalta Coating Systems LLC, and The Sherwin-Williams Company, amongst others.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- Report customization as per the client's requirements
- 3 months of analyst support
Buy The Report @ http://www.arcognizance.com/purchase/453856
Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: Competitive Landscape
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Construction of Green Buildings (Leed Ratings)
7.2 Shift toward Eco-Friendly Chemicals
7.3 Recycling of Low VOC Paints
Request a sample of Low VOC Paint Market report @ http://www.arcognizance.com/enquiry-sample/453856
About Us:
www.arcognizance.com is an initiation in this new era of “analysis @ thought.” We are on a mission to replace the conventional research programs and give way to the latest methods and information for the organizations. We have created this hub of analytical research papers where you can get an access to the latest and the best research papers coming out from some reliable and budding research houses. After the advent of “new analytics based on the data collection facilities of big data, the face of business research facilities has changed drastically. With ARC our experts have created a bookshelf where you can check out the research reports that are an outcome of the progression of knowledge in various industry sectors. Alongside you can also check some research papers, market reports, and forecasts that are talking about the out of the box developments in the market.
Contact US:
Name: Analytical research cognizance
Address: 100 Church Street,
8th floor, Manhattan,
New York 10007
Phone: +1 (646) 434-7969 +91 90967 44448
Email: enquiry@arcognizance.com
Contact Information:
Analytical Research Cognizance
Avanti dengale
Tel: 16464347969
Email us
----
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Analytical Research Cognizance
Avanti dengale
Tel: 16464347969
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results