Over the last few years environmental regulations have created a huge demand for low- and zero-VOC coating products especially in architectural paint industry. As the growing awareness of consumers toward health and environmental impact of the use of chemical substances, low- VOC coating application has become an important trend across various industries including, automotive, heavy industrial and packaging.
Numerous technologies have been applied to enable the low VOC technologies, such as powder coatings, radiation cure, high solid content coating and waterborne coating systems. Within each type of technologies, the selections of raw materials such as resins/binders, pigments, additives and solvents play the important roles to provide high performance and cost-effective coatings. One of the significant transitions in the low VOC coating market is the switching of organic solvent-based to water-based coatings and high solid content coatings in different applications. More research efforts are focusing on the resins and additives modification advancements which can offer expanded functionality to support emerging application while fulfilling the environmental requirements.
The low VOC coating market is primarily driven by the increasing demand for green and eco-friendly coatings solution and the raising of stringent regulations. However, some of the limitations in the existing low VOC coating technologies such as low weatherability, narrow color selection and higher cost have hindered the widely adoption of the coatings. R&D investments to develop quality or similar coating product with lower production costs promise ample opportunities for market participants.
The key research and development (R&D) of low VOC coating technology will continue to focus on the development of sustainable raw materials and coating formulations to meet the environmental regulation. Currently the initiatives to penetrate the market and gain market share offer ample scope for bio-based raw materials manufacturers. As the market is shifting towards a high functionality coatings, the industry participants which able to provide low VOC coatings with anti-corrosive, high temperature resistance, high weatherability and durable features can definitely capture a greater piece of the market share.
This research service (RS) depicts the current technology landscape and the enabling technologies in low VOC coatings, which including:
• Radiation cure coatings;
• High solid content coating;
• Waterborne coatings;
• Powder coatings;
• New resins, crosslinkers and additives advancement
The study deeply illustrates the following:
• Technology snapshot, benefits and types
• Key enabling technologies and innovators who spear-head the development and adoption of low-VOC coatings
• Industry overview and key stakeholders
• Factors that impact the adoption of low VOC coating technologies
• Emerging technology development and adoption trend
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