Eco-friendly Latex
Eco-friendly Latex Paint Market Size and Growth
The eco-friendly latex paint market is experiencing significant growth due to rising environmental awareness and demand for sustainable products. The market size is projected to reach approximately $5 billion by 2025, driven by innovations in formulation and increasing preferences for low-VOC and biodegradable options among consumers and businesses alike.
Companies Covered
(Covid 19 Impact Covered)
◍ Dulux
◍ Nippon Paint
◍ BASF
◍ AkzoNobel
◍ PPG Industries
◍ Tikkurila
◍ Meffert Farbwerke
◍ Skshu
◍ Carpoly
◍ Flugger
◍ Huarun Paint
◍ Alpina Paint
The eco-friendly latex paint market features companies like Dulux, Nippon Paint, BASF, and AkzoNobel, which emphasize sustainable products to attract environmentally-conscious consumers. Strategies include innovative formulations and eco-labeling. Notable sales figures include PPG Industries with $17 billion and AkzoNobel with €10.4 billion in 2022, boosting market growth collectively.
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Market Segmentation
By Application
Residential
Commercial
Others
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By Product
Water-soluble Paint
Antimicrobial Latex Paint
Others
Market Growth
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$ X Billion USD
