Bio-based And Low VOC Paints Market Bio-based And Low VOC Paints Market pdf | Page 2

Bio-based and low VOC paints market segment by application includes building &
construction, industrial cleaning, adhesives & sealants, printing inks, automotive,
pharmaceutical and others such as aerospace, shipbuilding etc. Among these, construction
sector will grow at a significant pace. Rapid industrialization and urbanization in Asia Pacific,
will drive construction industry to boost its economy. Regional government are making
substantial investment in the major construction projects to boost the region’s overall output.
For instance, According to National Bureau of Statistics China’s construction gross output is
increased by 9.84% from 2016 to 2017, and it is likely to grow with similar rate in the
forthcoming years. Rising nuclear families couple with increased migration rate to urban cities
has resulted in higher housing requirement, which is driving the overall market growth during
the forecast spell. On the other hand in commercial buildings such as schools, hospitals and
office it is mandatory to use environmentally friendly paints since indoor VOC has higher
levels.
Bio-based and low VOC paints market is classified on the basis of type into Low VOC, Natural
Paints, Zero VOC and VOC Absorbing. Zero VOC is considered as paints with less than 5 g/l of
VOC. VOC absorbing bio-based paints have antibacterial properties and it completely
eliminates formaldehyde from the air. It contains a unique monomer that bonds with
formaldehyde molecules on contact and transforms them into harmless vapor. They are
ecologically safe and designed to outlast petroleum-based paints since High VOC levels are
known to cause headaches and dizziness in the short-term and are damaging to the ozone
and atmosphere.
To browse this report titled, “Bio-based And Low VOC Paints Market Overview and Product
Scope over 2019 - 2025: Global Market Insights, Inc.”
https://www.gminsights.com/industry-analysis/bio-based-and-low-voc-paints-market
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