PUBLISHER: Lucintel | PRODUCT CODE: 1523194
PUBLISHER: Lucintel | PRODUCT CODE: 1523194
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 $1.52 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing environmental awareness and stringent government regulations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Non-Toxic Paint by Segment
The study includes a forecast for the global non-toxic paint by resin type, distribution channel, application, end use, and region.
List of Non-Toxic Paint Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies non-toxic paint companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the non-toxic paint companies profiled in this report include-
Non-Toxic Paint Market Insights
Lucintel forecasts that acrylic resin will remain the largest segment over the forecast period as it releases less volatile organic compounds and are less harmful.
Within this market, residential is expected to witness the highest growth due to increasing awareness of the potential health risks accompanying indoor air pollution and VOC.
APAC is expected to witness the highest growth over the forecast period due to fast urbanization.
Features of the Global Non-Toxic Paint Market
Market Size Estimates: Non-toxic paint market size estimation in terms of value ($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:
Q6. Which non-toxic paint market segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% customization without any additional cost.