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Non-Toxic Paint Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • July 2024
  • Region: Global
  • Lucintel
  • ID: 5989038

Non-Toxic Paint Trends and Forecast

The future of the global non-toxic paint market looks promising with opportunities in the residential, commercial, and industrial markets. The global non-toxic paint market is expected to reach an estimated $1.52 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing environmental awareness and stringent government regulations.

A more than 150-page report is developed to help in your business decisions.

Non-Toxic Paint by Segment

The study includes a forecast for the global non-toxic paint by resin type, distribution channel, application, end use, and region.

Non-Toxic Paint Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:

  • Acrylic Resins
  • Plant-Based Resins
  • Clay and Mineral Resins
  • Milk Protein Resins
  • Bio-Based Resins
  • Others

Non-Toxic Paint Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:

  • Retail Stores
  • Online Retail

Non-Toxic Paint Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Interior Paints
  • Exterior Paints
  • Specialty Paints

Non-Toxic Paint Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Residential
  • Commercial
  • Industrial

Non-Toxic Paint Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Non-Toxic Paint Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-toxic paint companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-toxic paint companies profiled in this report include:
  • Sherwin-Williams
  • Benjamin Moore
  • PPG Industries
  • Behr Paint
  • Valspar Corporation
  • Glidden
  • Farrow & Ball

Non-Toxic Paint Market Insights

The publisher forecasts that acrylic resin will remain the largest segment over the forecast period as it releases less volatile organic compounds and are less harmful.

Within this market, residential is expected to witness the highest growth due to increasing awareness of the potential health risks accompanying indoor air pollution and VOC.

APAC is expected to witness the highest growth over the forecast period due to fast urbanization.

Features of the Global Non-Toxic Paint Market

  • Market Size Estimates: Non-toxic paint market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Non-toxic paint market size by various segments, such as by resin type, distribution channel, application, end use, and region in terms of value ($B).
  • Regional Analysis: Non-toxic paint market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different resin types, distribution channels, applications, end uses, and regions for the non-toxic paint market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the non-toxic paint market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the non-toxic paint market size?
Answer: The global non-toxic paint market is expected to reach an estimated $1.52 billion by 2030.

Q2. What is the growth forecast for non-toxic paint market?
Answer: The global non-toxic paint market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the non-toxic paint market?
Answer: The major drivers for this market are increasing environmental awareness and stringent government regulations.

Q4. What are the major segments for non-toxic paint market?
Answer: The future of the non-toxic paint market looks promising with opportunities in the residential, commercial, and industrial markets.

Q5. Who are the key non-toxic paint market companies?
Answer: Some of the key non-toxic paint companies are as follows:
  • Sherwin-Williams
  • Benjamin Moore
  • PPG Industries
  • Behr Paint
  • Valspar Corporation
  • Glidden
  • Farrow & Ball
Q6. Which non-toxic paint market segment will be the largest in future?
Answer: The publisher forecasts that acrylic resin will remain the largest segment over the forecast period as it releases less volatile organic compounds and are less harmful.

Q7. In non-toxic paint market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to fast urbanization.

Q8. Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the non-toxic paint market by resin type (acrylic resins, plant-based resins, clay and mineral resins, milk protein resins, bio-based resins, and others), distribution channel (retail stores and online retail), application (interior paints, exterior paints, and specialty paints), end use (residential, commercial, and industrial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Non-Toxic Paint Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Non-Toxic Paint Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Non-Toxic Paint Market by Resin Type
3.3.1: Acrylic Resins
3.3.2: Plant-Based Resins
3.3.3: Clay and Mineral Resins
3.3.4: Milk Protein Resins
3.3.5: Bio-Based Resins
3.3.6: Others
3.4: Global Non-Toxic Paint Market by Distribution Channel
3.4.1: Retail Stores
3.4.2: Online Retail
3.5: Global Non-Toxic Paint Market by Application
3.5.1: Interior Paints
3.5.2: Exterior Paints
3.5.3: Specialty Paints
3.6: Global Non-Toxic Paint Market by End Use
3.6.1: Residential
3.6.2: Commercial
3.6.3: Industrial
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Non-Toxic Paint Market by Region
4.2: North American Non-Toxic Paint Market
4.2.1: North American Non-Toxic Paint Market by Resin Type: Acrylic Resins, Plant-Based Resins, Clay and Mineral Resins, Milk Protein Resins, Bio-Based Resins, and Others
4.2.2: North American Non-Toxic Paint Market by End Use: Residential, Commercial, and Industrial
4.3: European Non-Toxic Paint Market
4.3.1: European Non-Toxic Paint Market by Resin Type: Acrylic Resins, Plant-Based Resins, Clay and Mineral Resins, Milk Protein Resins, Bio-Based Resins, and Others
4.3.2: European Non-Toxic Paint Market by End Use: Residential, Commercial, and Industrial
4.4: APAC Non-Toxic Paint Market
4.4.1: APAC Non-Toxic Paint Market by Resin Type: Acrylic Resins, Plant-Based Resins, Clay and Mineral Resins, Milk Protein Resins, Bio-Based Resins, and Others
4.4.2: APAC Non-Toxic Paint Market by End Use: Residential, Commercial, and Industrial
4.5: ROW Non-Toxic Paint Market
4.5.1: ROW Non-Toxic Paint Market by Resin Type: Acrylic Resins, Plant-Based Resins, Clay and Mineral Resins, Milk Protein Resins, Bio-Based Resins, and Others
4.5.2: ROW Non-Toxic Paint Market by End Use: Residential, Commercial, and Industrial
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Non-Toxic Paint Market by Resin Type
6.1.2: Growth Opportunities for the Global Non-Toxic Paint Market by Distribution Channel
6.1.3: Growth Opportunities for the Global Non-Toxic Paint Market by Application
6.1.4: Growth Opportunities for the Global Non-Toxic Paint Market by End Use
6.1.5: Growth Opportunities for the Global Non-Toxic Paint Market by Region
6.2: Emerging Trends in the Global Non-Toxic Paint Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Non-Toxic Paint Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Non-Toxic Paint Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Sherwin-Williams
7.2: Benjamin Moore
7.3: PPG Industries
7.4: Behr Paint
7.5: Valspar Corporation
7.6: Glidden
7.7: Farrow & Ball

Companies Mentioned

  • Sherwin-Williams
  • Benjamin Moore
  • PPG Industries
  • Behr Paint
  • Valspar Corporation
  • Glidden
  • Farrow & Ball

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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