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