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Global Low VOC Paint Market 2024-2028

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    Report

  • 146 Pages
  • August 2024
  • Region: Global
  • TechNavio
  • ID: 5591855
1h Free Analyst Time

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

1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The low voc paint market is forecasted to grow by USD 1.97 billion 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.

The 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.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Low VOC Paint Market 2018 - 2022
Historic Market Size - Data Table on Global Low VOC Paint Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Water borne - Market size and forecast 2023-2028
Chart on Water borne - Market size and forecast 2023-2028 ($ million)
Data Table on Water borne - Market size and forecast 2023-2028 ($ million)
Chart on Water borne - Year-over-year growth 2023-2028 (%)
Data Table on Water borne - Year-over-year growth 2023-2028 (%)
6.4 Solvent borne - Market size and forecast 2023-2028
Chart on Solvent borne - Market size and forecast 2023-2028 ($ million)
Data Table on Solvent borne - Market size and forecast 2023-2028 ($ million)
Chart on Solvent borne - Year-over-year growth 2023-2028 (%)
Data Table on Solvent borne - Year-over-year growth 2023-2028 (%)
6.5 Powder - Market size and forecast 2023-2028
Chart on Powder - Market size and forecast 2023-2028 ($ million)
Data Table on Powder - Market size and forecast 2023-2028 ($ million)
Chart on Powder - Year-over-year growth 2023-2028 (%)
Data Table on Powder - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Australia - Market size and forecast 2023-2028
Chart on Australia - Market size and forecast 2023-2028 ($ million)
Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Chart on Australia - Year-over-year growth 2023-2028 (%)
Data Table on Australia - Year-over-year growth 2023-2028 (%)
8.11 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.12 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
3M Co.
3M Co. - Overview
3M Co. - Business segments
3M Co. - Key news
3M Co. - Key offerings
3M Co. - Segment focus
11.4 Aexcel Corp.
Aexcel Corp. - Overview
Aexcel Corp. - Product/Service
Aexcel Corp. - Key offerings
11.5 Akzo Nobel NV
Akzo Nobel NV - Overview
Akzo Nobel NV - Business segments
Akzo Nobel NV - Key news
Akzo Nobel NV - Key offerings
Akzo Nobel NV - Segment focus
11.6 Asian Paints Ltd.
Asian Paints Ltd. - Overview
Asian Paints Ltd. - Business segments
Asian Paints Ltd. - Key offerings
Asian Paints Ltd. - Segment focus
11.7 Axalta Coating Systems Ltd.
Axalta Coating Systems Ltd. - Overview
Axalta Coating Systems Ltd. - Business segments
Axalta Coating Systems Ltd. - Key news
Axalta Coating Systems Ltd. - Key offerings
Axalta Coating Systems Ltd. - Segment focus
11.8 BASF SE
BASF SE - Overview
BASF SE - Business segments
BASF SE - Key news
BASF SE - Key offerings
BASF SE - Segment focus
11.9 Berger Paints India Ltd
Berger Paints India Ltd - Overview
Berger Paints India Ltd - Product/Service
Berger Paints India Ltd - Key offerings
11.10 Berkshire Hathaway Inc.
Berkshire Hathaway Inc. - Overview
Berkshire Hathaway Inc. - Business segments
Berkshire Hathaway Inc. - Key news
Berkshire Hathaway Inc. - Key offerings
Berkshire Hathaway Inc. - Segment focus
11.11 Teijin Ltd.
Teijin Ltd. - Overview
Teijin Ltd. - Business segments
Teijin Ltd. - Key news
Teijin Ltd. - Key offerings
Teijin Ltd. - Segment focus
11.12 The Sherwin Williams Co.
The Sherwin Williams Co. - Overview
The Sherwin Williams Co. - Business segments
The Sherwin Williams Co. - Key news
The Sherwin Williams Co. - Key offerings
The Sherwin Williams Co. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Low VOC Paint Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Type - Market share 2023-2028 (%)
Exhibits 31: Data Table on Type - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Water borne - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Water borne - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Water borne - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Water borne - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Solvent borne - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Solvent borne - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Solvent borne - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Solvent borne - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Powder - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Powder - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Powder - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Powder - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Type ($ million)
Exhibits 47: Data Table on Market opportunity by Type ($ million)
Exhibits 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 51: Chart on Geographic comparison
Exhibits 52: Data Table on Geographic comparison
Exhibits 53: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Australia - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Australia - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 93: Market opportunity By Geographical Landscape ($ million)
Exhibits 94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 95: Impact of drivers and challenges in 2023 and 2028
Exhibits 96: Overview on criticality of inputs and factors of differentiation
Exhibits 97: Overview on factors of disruption
Exhibits 98: Impact of key risks on business
Exhibits 99: Companies covered
Exhibits 100: Matrix on companies position and classification
Exhibits 101: 3M Co. - Overview
Exhibits 102: 3M Co. - Business segments
Exhibits 103: 3M Co. - Key news
Exhibits 104: 3M Co. - Key offerings
Exhibits 105: 3M Co. - Segment focus
Exhibits 106: Aexcel Corp. - Overview
Exhibits 107: Aexcel Corp. - Product/Service
Exhibits 108: Aexcel Corp. - Key offerings
Exhibits 109: Akzo Nobel NV - Overview
Exhibits 110: Akzo Nobel NV - Business segments
Exhibits 111: Akzo Nobel NV - Key news
Exhibits 112: Akzo Nobel NV - Key offerings
Exhibits 113: Akzo Nobel NV - Segment focus
Exhibits 114: Asian Paints Ltd. - Overview
Exhibits 115: Asian Paints Ltd. - Business segments
Exhibits 116: Asian Paints Ltd. - Key offerings
Exhibits 117: Asian Paints Ltd. - Segment focus
Exhibits 118: Axalta Coating Systems Ltd. - Overview
Exhibits 119: Axalta Coating Systems Ltd. - Business segments
Exhibits 120: Axalta Coating Systems Ltd. - Key news
Exhibits 121: Axalta Coating Systems Ltd. - Key offerings
Exhibits 122: Axalta Coating Systems Ltd. - Segment focus
Exhibits 123: BASF SE - Overview
Exhibits 124: BASF SE - Business segments
Exhibits 125: BASF SE - Key news
Exhibits 126: BASF SE - Key offerings
Exhibits 127: BASF SE - Segment focus
Exhibits 128: Berger Paints India Ltd - Overview
Exhibits 129: Berger Paints India Ltd - Product/Service
Exhibits 130: Berger Paints India Ltd - Key offerings
Exhibits 131: Berkshire Hathaway Inc. - Overview
Exhibits 132: Berkshire Hathaway Inc. - Business segments
Exhibits 133: Berkshire Hathaway Inc. - Key news
Exhibits 134: Berkshire Hathaway Inc. - Key offerings
Exhibits 135: Berkshire Hathaway Inc. - Segment focus
Exhibits 136: Teijin Ltd. - Overview
Exhibits 137: Teijin Ltd. - Business segments
Exhibits 138: Teijin Ltd. - Key news
Exhibits 139: Teijin Ltd. - Key offerings
Exhibits 140: Teijin Ltd. - Segment focus
Exhibits 141: The Sherwin Williams Co. - Overview
Exhibits 142: The Sherwin Williams Co. - Business segments
Exhibits 143: The Sherwin Williams Co. - Key news
Exhibits 144: The Sherwin Williams Co. - Key offerings
Exhibits 145: The Sherwin Williams Co. - Segment focus
Exhibits 146: Inclusions checklist
Exhibits 147: Exclusions checklist
Exhibits 148: Currency conversion rates for US$
Exhibits 149: Research methodology
Exhibits 150: Information sources
Exhibits 151: Data validation
Exhibits 152: Validation techniques employed for market sizing
Exhibits 153: Data synthesis
Exhibits 154: 360 degree market analysis
Exhibits 155: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global low voc paint market: 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..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing focus on bio-based and eco-friendly products."

According to the report, one of the major drivers for this market is the increased regulations on high emissions of voc.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.
  • The Sherwin Williams Co.