Fact.MR, a market research firm, reported that the global coating additives market is estimated to surpass US$ 9.3 billion in 2023. Increasing utilization of innovative coating additives in construction paints to improve the surface effectiveness, as well as viscosity of substrates, is one of the prominent factors propelling sales.
This report provides in-depth analysis of the global low- or zero-VOC paint market, and provides market size (USD million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year. It elucidates potential revenue opportunities across different segments, and explains attractive investment proposition matrices for this market.
One of the most popular high-solids, low-VOC coatings is an epoxy coating. Epoxy coatings are resistant to most chemicals and corrosives, exhibit great adhesion, and have very low porosity. And they're extremely environmentally friendly; because they contain no solvents, they emit virtually no VOCs.
These epoxy curing agents can achieve zero-VOC floor coatings, excellent adhesion to poorly prepared concrete, good water resistance and fast return-to-service.
Development of eco-friendly, sustainable and high-solid (low-VOC) coatings have received a lot of attention due to environmental concerns and legislative issues.
Devoe® Bar-Rust® 234P is the first solvent-free epoxy, low-temperature potable water tank lining system designed to meet the industry’s need for low VOC compliance, without compromising performance.
Troysol™ Z372 is a high-performance universal mar and slip additive that improves the wetting of low-surface-energy and contaminated substrates, resulting in uniform film coverage.
PURALACT® special-grade lactides provide reduced resin viscosity, allowing for coatings formulations with higher solid content, lower VOCs and improved ease-of-use.