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Low Volatile Organic Compounds Coating Additives Market Size, Share, Trends, Growth Outlook

Low Volatile Organic Compounds Coating Additives Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Product (Defoamers, Dispersants, Wetting Agents, Rheology Modifiers, Others), By End-User (Building and Construction, Automotive, Aerospace, Furniture, Others), Countries and Companies Report

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  • |Published Month : May, 2024
  • |No. of Pages : 202

The global Low Volatile Organic Compounds Coating Additives Market is poised to register a 5.4% CAGR from $4.6 Billion in 2024 to $6.3 Billion in 2030.

The global Low Volatile Organic Compounds Coating Additives Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Product (Defoamers, Dispersants, Wetting Agents, Rheology Modifiers, Others), By End-User (Building and Construction, Automotive, Aerospace, Furniture, Others).

An Introduction to Global Low Volatile Organic Compounds Coating Additives Market in 2024

The future of low volatile organic compounds (VOC) coating additives is shaped by several key trends reflecting advancements in environmental regulations, sustainability initiatives, and technological innovations in coatings and paints. One significant trend is the increasing demand for low-VOC and zero-VOC coatings in various industries, including architectural, automotive, and industrial applications, driven by regulatory requirements to reduce air pollution, protect human health, and mitigate climate change. Low-VOC coating additives, such as waterborne resins, acrylic emulsions, and reactive diluents, offer advantages such as reduced emissions, improved indoor air quality, and compliance with environmental standards, making them preferred choices for manufacturers and end-users seeking eco-friendly and sustainable coating solutions. Additionally, advancements in formulation chemistry, nanotechnology, and renewable raw materials are enabling the development of low-VOC additives with enhanced performance, durability, and application properties, enabling coatings to meet stringent performance and aesthetic requirements while minimizing environmental impact. Moreover, there is growing interest in multi-functional and bio-based coating additives that offer additional benefits such as antimicrobial properties, UV resistance, and self-healing capabilities, further driving innovation and adoption in the coatings industry. As environmental concerns continue to shape regulatory landscapes and consumer preferences, the market for low-VOC coating additives is poised for growth, with opportunities for collaboration, research, and market expansion to meet the evolving needs of coatings manufacturers, regulators, and consumers seeking sustainable and high-performance solutions for surface protection and decoration.

Low Volatile Organic Compounds Coating Additives Market- Industry Size, Share, Trends, Growth Outlook

Low Volatile Organic Compounds Coating Additives Market Competitive Landscape

The market report analyses the leading companies in the industry including Axalta Coating Systems LLC, BASF SE, Borchers Inc, Chemoxy International Ltd, Croda International Plc, DAIKIN INDUSTRIES Ltd, Dow Inc, Eastman Chemical Company, Emerald Kalama Chemical, Ethox Chemicals LLC, Evonik AG, Matthews Paint, SEQENS, Solvay SA, Synthomer Plc, The Lubrizol Corp.

Low Volatile Organic Compounds Coating Additives Market Dynamics

Low Volatile Organic Compounds Coating Additives Market Trend: Increasing Focus on Environmental Regulations and Sustainability

A prominent trend in the low volatile organic compounds (VOC) coating additives market is the increasing focus on environmental regulations and sustainability. With growing concerns about air quality, health hazards, and environmental pollution associated with VOC emissions from coatings, regulatory agencies worldwide are implementing stricter regulations to limit VOC content in coatings and related products. Accordingly, there is a growing demand for low VOC coating additives that enable manufacturers to formulate coatings with reduced VOC emissions while maintaining performance and quality standards. Additionally, the industry is witnessing a shift towards sustainable coating solutions that prioritize eco-friendly ingredients, renewable resources, and environmentally responsible manufacturing practices, driving the adoption of low VOC coating additives as part of sustainable coating formulations.

Low Volatile Organic Compounds Coating Additives Market Driver: Consumer Demand for Healthier Indoor Environments and Green Buildings

A key driver propelling the low VOC coating additives market is the consumer demand for healthier indoor environments and green buildings. With increasing awareness about the adverse health effects of indoor air pollution and chemical exposure, consumers, building owners, and construction professionals are seeking low VOC coating solutions to improve indoor air quality and create healthier living and working spaces. Additionally, the green building movement, characterized by sustainability certifications such as LEED (Leadership in Energy and Environmental Design), encourages the use of low VOC coatings as part of energy-efficient and environmentally responsible building designs. The demand for low VOC coating additives is driven by the need to meet consumer preferences for healthier and more sustainable products, driving innovation and market growth in the coatings industry.

Low Volatile Organic Compounds Coating Additives Market Opportunity: Development of Advanced Performance Coatings with Low VOC Additives

An opportunity for growth in the low VOC coating additives market lies in the development of advanced performance coatings that incorporate low VOC additives to meet evolving customer needs and regulatory requirements. Manufacturers have the opportunity to innovate and develop low VOC coating formulations that not only reduce environmental impact but also offer enhanced performance characteristics such as durability, weather resistance, chemical resistance, and UV protection. By leveraging advancements in materials science, nanotechnology, and polymer chemistry, companies can create next-generation coatings with superior properties while maintaining low VOC content. Additionally, opportunities exist to collaborate with coating manufacturers, research institutions, and end-users to identify and address unmet needs in specific applications such as automotive, aerospace, architectural, and industrial coatings, thereby expanding market opportunities and driving the adoption of low VOC coating additives in diverse sectors.

Low-Volatile Organic Compounds Coating Additives Market Share Analysis: The dispersants segment generated the highest revenue in 2024

The largest segment in the Low-Volatile Organic Compounds (VOCs) Coating Additives Market is the Dispersants segment. Dispersants play a crucial role in coating formulations by promoting the dispersion of solid particles within the liquid phase, ensuring uniformity, stability, and improved performance of coatings. As environmental regulations become increasingly stringent, there is a growing demand for low-VOC coating additives to minimize harmful emissions and comply with regulatory standards. Dispersants enable the formulation of low-VOC coatings by facilitating the dispersion of pigments and fillers without the need for high levels of solvent-based additives. Additionally, dispersants enhance the efficiency of coating formulations, leading to improved color development, gloss, and overall coating quality. Given their pivotal role in formulating environmentally friendly coatings and their wide-ranging applications across various industries including architectural coatings, automotive coatings, and industrial coatings, the Dispersants segment is the largest in the low-VOC coating additives market.

Low-Volatile Organic Compounds Coating Additives Market Share Analysis: The Building and Construction segment is poised to register the fastest growth rate (CAGR) over the forecast period to 2030

The fastest-growing segment in the Low-Volatile Organic Compounds (VOCs) Coating Additives Market is the Building and Construction segment. This segment is experiencing rapid growth. There is a rising demand for environmentally friendly coatings in the building and construction industry, driven by increasing awareness of sustainability and regulatory requirements aimed at reducing VOC emissions. Low-VOC coatings are preferred for indoor applications such as residential and commercial buildings, as they contribute to healthier indoor air quality and comply with green building certifications. Additionally, the construction sector is experiencing significant growth globally, particularly in emerging markets, which further fuels the demand for low-VOC coating additives. Further, advancements in coating technologies and the development of innovative low-VOC additives tailored for construction applications are driving the growth of this segment. Consequently, the Building and Construction segment is the fastest-growing segment in the low-VOC coating additives market, propelled by sustainability initiatives, regulatory compliance, and the expansion of the construction industry.

Low Volatile Organic Compounds Coating Additives Market Report Segmentation

By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others
Regions Included
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Low Volatile Organic Compounds Coating Additives Companies Profiled in the Market Study

Axalta Coating Systems LLC
BASF SE
Borchers Inc
Chemoxy International Ltd
Croda International Plc
DAIKIN INDUSTRIES Ltd
Dow Inc
Eastman Chemical Company
Emerald Kalama Chemical
Ethox Chemicals LLC
Evonik AG
Matthews Paint
SEQENS
Solvay SA
Synthomer Plc
The Lubrizol Corp
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Low Volatile Organic Compounds Coating Additives Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Low Volatile Organic Compounds Coating Additives Market Size Outlook, $ Million, 2021 to 2030
3.2 Low Volatile Organic Compounds Coating Additives Market Outlook by Type, $ Million, 2021 to 2030
3.3 Low Volatile Organic Compounds Coating Additives Market Outlook by Product, $ Million, 2021 to 2030
3.4 Low Volatile Organic Compounds Coating Additives Market Outlook by Application, $ Million, 2021 to 2030
3.5 Low Volatile Organic Compounds Coating Additives Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Low Volatile Organic Compounds Coating Additives Industry
4.2 Key Market Trends in Low Volatile Organic Compounds Coating Additives Industry
4.3 Potential Opportunities in Low Volatile Organic Compounds Coating Additives Industry
4.4 Key Challenges in Low Volatile Organic Compounds Coating Additives Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Low Volatile Organic Compounds Coating Additives Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Low Volatile Organic Compounds Coating Additives Market Outlook by Segments
7.1 Low Volatile Organic Compounds Coating Additives Market Outlook by Segments, $ Million, 2021- 2030
By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others

8 North America Low Volatile Organic Compounds Coating Additives Market Analysis and Outlook To 2030
8.1 Introduction to North America Low Volatile Organic Compounds Coating Additives Markets in 2024
8.2 North America Low Volatile Organic Compounds Coating Additives Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Low Volatile Organic Compounds Coating Additives Market size Outlook by Segments, 2021-2030
By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others

9 Europe Low Volatile Organic Compounds Coating Additives Market Analysis and Outlook To 2030
9.1 Introduction to Europe Low Volatile Organic Compounds Coating Additives Markets in 2024
9.2 Europe Low Volatile Organic Compounds Coating Additives Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Low Volatile Organic Compounds Coating Additives Market Size Outlook by Segments, 2021-2030
By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others

10 Asia Pacific Low Volatile Organic Compounds Coating Additives Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Low Volatile Organic Compounds Coating Additives Markets in 2024
10.2 Asia Pacific Low Volatile Organic Compounds Coating Additives Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Low Volatile Organic Compounds Coating Additives Market size Outlook by Segments, 2021-2030
By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others

11 South America Low Volatile Organic Compounds Coating Additives Market Analysis and Outlook To 2030
11.1 Introduction to South America Low Volatile Organic Compounds Coating Additives Markets in 2024
11.2 South America Low Volatile Organic Compounds Coating Additives Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Low Volatile Organic Compounds Coating Additives Market size Outlook by Segments, 2021-2030
By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others

12 Middle East and Africa Low Volatile Organic Compounds Coating Additives Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Low Volatile Organic Compounds Coating Additives Markets in 2024
12.2 Middle East and Africa Low Volatile Organic Compounds Coating Additives Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Low Volatile Organic Compounds Coating Additives Market size Outlook by Segments, 2021-2030
By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Axalta Coating Systems LLC
BASF SE
Borchers Inc
Chemoxy International Ltd
Croda International Plc
DAIKIN INDUSTRIES Ltd
Dow Inc
Eastman Chemical Company
Emerald Kalama Chemical
Ethox Chemicals LLC
Evonik AG
Matthews Paint
SEQENS
Solvay SA
Synthomer Plc
The Lubrizol Corp

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Product
Defoamers
Dispersants
Wetting Agents
Rheology Modifiers
Others
By End-User
Building and Construction
Automotive
Aerospace
Furniture
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions

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