Kerry Pianoforte, Editor03.31.17
According to Grand View Research’s report “Bio-based and Low VOC Paints Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies, and Forecasts, 2015 To 2022,” the global bio-based and low VOC paint market is expected to witness brisk growth owing to rising environmental concerns over the forecast period. Customer preferences have shifted towards products with low volatile organic compound (VOC) content due to several reasons such as low toxicity, low environmental impact and easy maintenance.
Government initiatives as well as regulations set up by environmental agencies are cited as the impetus to fuel growth of this global market. These regulations mandate companies to produce low toxic products that contain low VOCs from natural sources.
According to the report, these bio-based and low VOC products have several benefits over the conventional substitutes. These advantages include reduced toxicity, low groundwater and ozone depletion contaminants, easier maintenance, low odor and simplified cleanup/disposal. Such favorable advantages coupled with low environmental impact have resulted in shifti
Government initiatives as well as regulations set up by environmental agencies are cited as the impetus to fuel growth of this global market. These regulations mandate companies to produce low toxic products that contain low VOCs from natural sources.
According to the report, these bio-based and low VOC products have several benefits over the conventional substitutes. These advantages include reduced toxicity, low groundwater and ozone depletion contaminants, easier maintenance, low odor and simplified cleanup/disposal. Such favorable advantages coupled with low environmental impact have resulted in shifti
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