Press release
Low VOC Paint Market 2021 Comprehensive Insights - AkzoNobel NV, Asian Paints Ltd, BASF SE, Axalta Coating Systems LLC
The Low VOC Paint Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The low VOC paint market is expected to register a CAGR of over 6.5%, during the forecast period.
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Top Leading Companies of Low VOC Paint Market are AkzoNobel NV, Asian Paints Ltd, BASF SE, Axalta Coating Systems LLC, and the Sherwin-Williams Company and others.
Key Market Trends
Asia-Pacific Region to Dominate the Market
- Asia-Pacific region dominated the global market share. With growing investment in residential and commercial construction in the countries, such as India, China, the Philippines, Vietnam, and Indonesia, the market for low VOC paints is expected to increase in the coming years.
- Currently, there are numerous airport construction projects, either in the development or planning stage, in China. 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 10 years.
- In India, the government's target to invest USD 120.5 billion, for developing 27 industrial clusters, is expected to boost commercial construction.
- In Indonesia, the government planned to invest about USD 450 billion in the construction sector, by 2021, which is expected to boost residential construction in the country.
Regional Outlook of Low VOC Paint Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Low VOC Paint Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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