GLOBALAUTOMOTIVE LOW VOC COATINGSMARKET

INTRODUCTION

Solvent content in low-VOC paints is limited to pounds per gallon. For topcoats and primers, this decreases to pounds per gallon.

Waterborne paints release fewer hazardous air pollutants (HAPs) and comply with clean air rules because these levels are lower than the EPA's recommendations.

Lower concentrations of other solvents result in a less combustible solution as an added benefit. As soon as the solution is applied, VOC levels spike.

While a significant portion of the solvents are released into the atmosphere, the paint does not instantly become solvent-free. Low-VOC paint releases water into the atmosphere instead of a high concentration of pollutants because it uses water as a carrier agent.

Waterborne paints are less harmful to the environment in the short term, and using fewer solvents over the long run greatly minimises exposure to VOCs and any associated health issues.

The term "volatile organic compounds" (VOC) is used to characterise these substances. In automobile paint, volatile substances are frequently used as carrier agents.

Before being applied to the surface of the car, the carrier agent is intended to keep the paint spreadable. The carrier agents are released into the atmosphere as the paint dries.

Traditional auto painting techniques include the direct discharge of VOC fumes into the atmosphere. Environmental issues including the thinning of the ozone layer on the Earth have been connected to the production of VOCs throughout time.

Auto body shops have started employing paint chemicals that are low in VOCs to assist save the environment and maintain the ozone layer.

GLOBALAUTOMOTIVE LOW VOC COATINGSMARKET SIZE AND FORECAST

The Global automotive Low VOC Coatings market accountedfor $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.

RECENT DEVELOPMENT

The company's renowned Clean Air formulation with dramatically lowered VOCs is included in the Valspar Low VOC System.

Without having to spend money on new equipment, this technology enables car body businesses to transition to a solvent-based solution with a better environmental profile.

The new technique, according to the manufacturer, lets body shops meet their environmental criteria while offering the same level of performance and application simplicity as conventional refinish coatings.

The Valspar Low VOC System uses the same application methods, drying times, and coating coverage as conventional solvent-based vehicle refinish solutions.

The Valspar Low VOC System offers a full refinish portfolio, ranging from High Build (HB) sandable epoxy hybrid primers, high strength mixing components that maximise coverage and efficiency, through a clear coat engineered for superior durability.

The new low-VOC acrylic PSAs also successfully lower odour levels, improving interior occupants' health and comfort.

As global VOC emission rules tighten as a result of a rising understanding among the public and the business community of the significance of indoor air quality, the desire for low-impact interior materials has emerged as a global trend.

When possible, low VOC-emitting building interior materials are chosen because VOCs are thought to be one of the main causes of sick building syndrome and sensory irritability.

Additionally, the need for low-odour, low-VOC materials used in automobile interiors is anticipated to increase as electric vehicles and automated driving technology become more prevalent.

COMPANY PROFILE

• Toyochem Co., Ltd.
• Valspar Corp
• AQUABASE PLUS
• ENVIROBASE HP
• Starshield Technologies Private Limited

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How manyautomotive Low VOC Coatingsare manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global automotive Low VOC Coatingsand key vendor selection criteria
3. Where are theautomotive Low VOC Coatingsmanufactured? What is the average margin per unit?
4. Market share of Globalautomotive Low VOC Coatingsmarketmanufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture GlobalLow VOC Coatingsin-house
6. 5 key predictions for next 5 years in Globalautomotive Low VOC Coatingsmarket
7. Average B-2-Bautomotive Low VOC Coatingsmarket price in all segments
8. Latest trends inautomotive Low VOC Coatingsmarket, by every market segment
9. The market size (both volume and value) of theautomotive Low VOC Coatingsmarket in 2022-2030 and every year in between?
10.  Production breakup ofautomotive Low VOC Coatingsmarket, by suppliers and their OEM relationship