The market for low-VOC coatings is projected to grow from $128.6 billion in 2024 to $154.9 billion by 2029, at a compound annual growth rate of 3.8% during the forecast period.

Advanced, low-VOC coatings were used to refresh Malacca's historic buildings, enhancing sustainability while preserving cultural heritage.

Covestro has introduced a waterborne and waterborne-UV family of high-performing resins for industrial coating applications such as wood furniture, cabinetry, and building products.  

The company has calculated the individual product carbon footprints (PCF) of both chemical products.The analysis shows that due to production setup, the PCFs of BDO and derivatives such as PolyTHF are significantly below the global average PCF of the corresponding third-party chemicals that are all produced from fossil-based raw materials.

KHUA is planning to build a 100 KT/a production plant for high-end powder coatings resins in Zhanjiang in order to meet the growing demand for low-emission powder coatings in China and the wider Asia-Pacific region.

Fact.MR, a market research firm, reported that the global coating additives market is estimated to surpass US$ 9.3 billion in 2023. Increasing utilization of innovative coating additives in construction paints to improve the surface effectiveness, as well as viscosity of substrates, is one of the prominent factors propelling sales. 

This report provides in-depth analysis of the global low- or zero-VOC paint market, and provides market size (USD million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year. It elucidates potential revenue opportunities across different segments, and explains attractive investment proposition matrices for this market.