© 2017 Global Market Insights, Inc. USA. All Rights Reserved Bio-based And Low VOC Paints Market – Global Industry Forecast & Analysis over

 Bio-based are characterized by one with low Volatile Organic Compounds, since traditional painting materials have harmful effects on the environment and high levels of VOC solvents contribute to pollution and reduce the indoor air quality. Therefore, rising concerns among consumers regarding bio-based paints owing to their superior characteristics such as low odor, low toxicity clean air, as well as added durability and a washable finish will propel bio-based and low VOC paints market in near future.  For instance, BASF has extended its scope of bio-based polyols that are used for production of low-emission 2K PU coatings for both interior and exterior utility. Besides, growing population along with increasing purchase power parity is propelling the demand for automotive and consumer goods. Thus, in return is proliferating the overall business expansion.  Commercialization of cutting-edge technologies for the production of bio-based versions of existing paints & chemicals and introduction of bio-based compounds with new functionalities will create lucrative opportunities for paint manufacturers. © 2017 Global Market Insights, Inc. USA. All Rights Reserved  Bio-based And Low VOC Paints Market Scenario:

 Bio-based and low VOC paints market segment by application includes building & construction, industrial cleaning, adhesives & sealants, printing inks, automotive, pharmaceutical and others such as aerospace, shipbuilding etc. Among these, construction sector will grow at a significant pace. Rapid industrialization and urbanization in Asia Pacific, will drive construction industry to boost its economy. Regional government are making substantial investment in the major construction projects to boost the region’s overall output.  For instance, According to National Bureau of Statistics China’s construction gross output is increased by 9.84% from 2016 to 2017, and it is likely to grow with similar rate in the forthcoming years. Rising nuclear families couple with increased migration rate to urban cities has resulted in higher housing requirement, which is driving the overall market growth during the forecast spell. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for table of content of this

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This  Competitive Analysis:  Prominent players operating in the global bio-based and low VOC paints market includes Benjamin Moore & Co. BASF SE, Pflanzenchemie AG, Bioshield, Dulux, corbion, Mythic Paint, The Freshaire Choice, DuraSoy One Paint, Sheldon & Sons, EcoProCote, BioAmber, Cargill etc. New product development, capacity expansion, and product customizations are the key strategic initiatives incorporated by key players.  Regional Analysis:  Asia Pacific, Middle East and Latin America region will witness significant growth rate during the forecast timeframe. Rising infrastructural and residential construction activities in these region will bolster Bio-based and low VOC paints market. In addition, surge in need to revive construction industry in the U.S. and the Europe will drive product demand which will make positive impact on the market size in the coming years. Europe has made certain stringent policies to promote sustainable construction techniques which will help reduce greenhouse gas emissions and also improve energy efficiency.

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