Low VOC or Zero VOC Paints Market Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

 

Low VOC or Zero VOC Paints Market
Low VOC or Zero VOC Paints Market

Due to the region's rapid growth in the construction industry, Asia Pacific is expected to dominate the global low VOC or zero VOC paints market over the course of the forecast period. Green building is having a positive effect on the market for low- or zero-VOC paints. Additionally, the growing demand for air travel and cargo as a result of the rising sales of electric vehicles and increased tourism is driving up the demand for these paints. The growth of the local market is being fueled by all these factors.

Due to stringent government regulations, an increase in the building of green buildings, and growing consumer awareness of the advantages of using low-VOC paints, North America is also anticipated to experience significant growth in the global Low VOC or Zero VOC Paints market over the forecast period.

The global low VOC or zero VOC paints market is expanding primarily due to rising awareness of the negative effects of conventional paints. According to the findings of a study conducted by the United States Environmental Protection Agency (EPA), the amount of VOCs indoors during the drying process of paint remained 1000 times higher than when paint dries outdoors. The risks that daily paint workers face are also highlighted by the World Health Organization (WHO). It states that there is a 40% increase in the risk of lung cancer and a 20% increase in the risk of various cancers for painters in particular.

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