What is Global Anti Mould Paints Market?
The Global Anti Mould Paints Market is a rapidly growing sector in the paint industry that focuses on the production and distribution of anti-mould paints. These paints are specially formulated to resist the growth of mould and mildew, which are common problems in many homes and buildings around the world. The market is driven by the increasing demand for these paints in both residential and commercial sectors, as they not only improve the aesthetic appeal of the structures but also enhance their durability by preventing mould growth. The market is also influenced by the ongoing advancements in paint technology, which have led to the development of more effective and eco-friendly anti-mould paints. The global market is quite diverse, with several key players operating in different regions, offering a wide range of anti-mould paints to cater to the varying needs of the consumers.
Water-based, Solvent-based in the Global Anti Mould Paints Market:
The Global Anti Mould Paints Market is segmented into two main types based on their formulation: water-based and solvent-based. Water-based anti-mould paints are gaining popularity due to their low VOC content and easy application. They dry quickly and have a low odour, making them suitable for indoor use. On the other hand, solvent-based anti-mould paints are known for their high durability and resistance to harsh weather conditions, making them ideal for outdoor use. However, they have a high VOC content and can be harmful if inhaled, which is why they are being gradually replaced by water-based paints in many regions. Both types of paints have their own set of advantages and disadvantages, and the choice between the two largely depends on the specific requirements of the consumers.
Walls, Facades, Ceilings, Others in the Global Anti Mould Paints Market:
The Global Anti Mould Paints Market finds its application in various areas such as walls, facades, ceilings, and others. For walls, these paints provide a protective layer that prevents the growth of mould and mildew, thereby enhancing the lifespan of the walls. In the case of facades, anti-mould paints not only improve the aesthetic appeal but also protect the facades from the damaging effects of mould growth. When used on ceilings, these paints can prevent the formation of mould spots, which are often hard to remove and can lead to serious health issues. Other applications of anti-mould paints include floors, furniture, and other wooden structures where mould growth is a common problem.
Global Anti Mould Paints Market Outlook:
The market outlook for the Global Anti Mould Paints Market is quite promising. In 2023, the market was valued at US$ 614 million and it is expected to grow at a steady pace over the next few years. By 2030, the market is projected to reach a value of US$ 911.2 million, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing awareness about the harmful effects of mould growth and the rising demand for effective solutions to prevent it.
| Report Metric | Details |
| Report Name | Anti Mould Paints Market |
| Accounted market size in 2023 | US$ 614 million |
| Forecasted market size in 2030 | US$ 911.2 million |
| CAGR | 6.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Ronseal, Polycell, Thompson’s, Dulux, ACS Limited, Johnstone’s (PPG Industries), Caparol, Colorificio Veneto, Sivit, Tikkurila, Vitex, Caliwel, Proud Paints Limited, Novacolor Srl |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
