Press release
Bio-based & Low VOC Paints Market Promising Growth and by Platform Type, Technology and End User Industry Statistics, Scope, Demand by 2030
Bio-based & Low VOC Paints Market, The term "volatile organic compounds," or VOCs, refers to substances or components like formaldehyde that are primarily used in paints to facilitate their quick and easy drying. These are regarded as being particularly dangerous for people, and the discharge of VOC paints' high amounts of volatile organic vapours is bad for the environment. Natural minerals and plants, including talc, mineral dyes, beeswax, clay, essential oils, plant oils, and plant dyes, are the source of the raw materials used in bio-based paints. Because they are made from plants and animals, low-VOC paints contain relatively few volatile organic compounds.Geographically, the increasing use of these paints in Asian nations will lead to growth in the Asia Pacific bio-based and low VOC paints market. Additionally, the industry's expansion would be fueled by soaring investments in the building, construction, and automobile sectors. Favorable government rules are another another element supporting the expansion of the regional market. the presence of well-known figures from the paint and coatings sector in the area who are making great efforts to produce bio-based or water-based paints to assist sustainability in the sector. According to reports, automakers can provide long-lasting protection against automotive degradation by using low VOC alternatives to rust and corrosion protection paints and coatings, which will result in long-term environmental protection.
We have examined the market for bio-based and low-VOC paints using primary and secondary research techniques. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.
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Global Bio-based & Low VOC Paints Market: Major Players
Benjamin Moore & Co.
DuraSoy One Paint
Mythic Paint
EcoProCote
Pflanzenchemie AG
Sheldon & Sons
The Freshaire Choice
Cargill
BioAmber
BASF SE
Global Bio-based & Low VOC Paints Market: By Types
Bio-alcohols
Bio-diols
Bio-glycols
Others
Global Bio-based & Low VOC Paints Market: By Applications
Paints & Coatings
Industrial & Domestic cleaning
Printing Inks
Adhesives & Sealants
Pharmaceutical
Others
Global Bio-based & Low VOC Paints Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Bio-based & Low VOC Paints market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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