August 2025
The global low-VOC coatings market size was reached at USD 8.75 billion in 2024 and is expected to be worth around USD 15.16 billion by 2034, growing at a compound annual growth rate (CAGR) of 5.65% over the forecast period 2025 to 2034. Increasing environmental awareness is the key factor driving market growth. Also, advancements in product development coupled with the rise in demand for safety and health regulations can fuel market growth further.
Lov-Voc (Low-Volatile Organic Compounds) coatings are eco-friendly coatings with reduced volatile organic compound emissions. These coatings are used in various applications, including automotive, industrial, architectural, and furniture finishes, with a focus on reducing the impact on air quality and contributing to environmental sustainability. Lov-Voc coatings meet the increasing demand for environmental regulations while still offering high-performance properties like durability, resistance, and ease of application.
They are gaining traction across industries due to their compliance with stringent environmental policies and their role in reducing harmful emissions. The ongoing advancements in product development are impacting positive market growth.
Report Attribute | Details |
Market Size in 2025 | USD 9.24 Billion |
Expected Size by 2034 | USD 15.16 Billion |
Growth Rate from 2025 to 2034 | CAGR 5.65% |
Base Year of Estimation | 2024 |
Forecast Period | 2025 - 2034 |
Dominant Region | Asia Pacific |
Segment Covered | By Resin Type, By Application Type, By End-User Industry, By Formulation, By Technology, By Region |
Key Companies Profiled | PPG Industries, AkzoNobel N.V., Sherwin-Williams, BASF SE, RPM International Inc., Axalta Coating Systems, Valspar Corporation (Acquired by Sherwin-Williams), Jotun Group, Tikkurila Oyj, Hempel A/S, Kansai Paint Co., Ltd., Benjamin Moore & Co., Asian Paints Ltd., Nippon Paint Holdings Co., Ltd., Sika AG, Dow Chemical Company, Covestro AG, 3M Company, H.B. Fuller Company, Clariant International Ltd. |
Increasing utilisation of digital technologies for coating applications is the major factor creating lucrative opportunities in the market, because these technologies offer improved efficiencies, better performance, and less wastage. Furthermore, the digital twin technology is rapidly being incorporated, which can boost the coating performance in various environments.
The concerns associated with the sustainability regulations are a major factor hindering market growth. The market players in the coating sector are witnessing challenges with respect to hazardous air pollutants (HAPs) and minimizing volatile organic compounds (VOCs). Moreover, low VOC coatings can include chemicals like biocides, formaldehyde, and ammonia, which are dangerous to health.
Asia Pacific Low-VOC Coatings Market Trends
The Asia Pacific low-VOC coatings market size was estimated at USD 3.06 billion in 2024 and is anticipated to reach USD 5.31 billion by 2034, growing at a CAGR of 5.67% from 2025 to 2034. Asia Pacific dominated the market with a 35% of market share in 2024.
The dominance of the segment can be attributed to the increasing environmental awareness, surge in construction activities, and the stringent regulations. In addition, rising awareness regarding the health hazards linked with VOC emissions is allowing consumers and businesses to opt for sustainable alternatives.
China Low-VOC Coatings Market Trends
In the Asia Pacific, China led the market due to the increasing preference for eco-friendly products along with the rise in environmental regulations. Also, China's expanding automotive industry, construction sector, and increasing industrialization in the country are all impacting the positive market growth soon.
Europe Low-VOC Coatings Market Trends
Europe is expected to grow at the fastest CAGR over the forecast period. The growth of the region can be credited to the growing consumer awareness regarding the environmental and health benefits of these products. Major countries such as Germany, France, and the UK are increasingly adopting low-VOC paints because of efficient government policies and a better focus on green building practices.
Germany Low-VOC Coatings Market Trends
In Europe, Germany dominated the market by holding the largest market share due to ongoing advancements in smart coatings methods and AI-powered analytics, which are improving the performance and efficiency of low-VOC coatings. Moreover, Western and Southern Germany are emerging as major innovation hubs in R&D activities.
Who is the Top Paint Exporting Countries in 2023?
Country | Exports in Billions |
Germany | $3.9 billion |
United States | $2.9 billion |
Italy | $1.9 billion |
Japan | $1.6 billion |
Netherlands | $1.5 billion |
Which Resin Type Segment Dominated the Low-VOC Coatings Market in 2024?
The acrylic-based segment dominated the market with a 32% market share in 2024. The dominance of the segment can be attributed to the increasing demand for low-VOC paints in industrial and architectural applications, coupled with the high-performance characteristics of acrylic coatings. Also, advancements in acrylic resin technology have optimised the development of low-VOC acrylic coatings with enhanced performance.
The polyurethane-based segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be credited to the rising demand for sustainable coatings and the expansion of the aerospace and automotive sectors. Additionally, the application of polyurethane coatings is emerging into new sectors such as healthcare facilities and medical devices, creating lucrative opportunities in the market.
Why Did the Automotive Segment Held the Largest Low-VOC Coatings Market Share in 2024?
The automotive (OEM) segment dominated the market by holding 40% market share in 2024. The dominance of the segment can be linked to the surge in automotive manufacturing across the globe, along with the rising environmental regulations. Moreover, technological innovations such as high-solid formulations and nanocoating's are playing a crucial role in propelling the adoption of low-VOC and waterborne coatings.
The furniture & wood coatings segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be driven by expanding furniture and construction sectors, coupled with the rise in consumer awareness across the globe. Furthermore, homeowners are rapidly investing in remodelling and renovation projects, which involve the refinishing of furniture and wood surfaces.
How Much Share Did The Construction & Infrastructure Segment Held In 2024?
The construction & infrastructure segment held a 45% market share in 2024. The dominance of the segment is due to the surge in construction and infrastructure activities across the globe. The increasing emphasis on creating healthier indoor environments in commercial and residential buildings is also contributing to the growing use of low-VOC coatings, leading to further segment growth.
The automotive & transportation segment expects the fastest CAGR during the forecast period. The growth of the segment is owing to the innovations in coating formulations, such as powder and waterborne coatings, which are enhancing durability, performance, and aesthetic appeal, making them more convenient to manufacturers and consumers.
Which Formulation Type Segment Dominated the Low-VOC Coatings Market in 2024?
The waterborne coatings segment dominated the market by holding 50% market share in 2024. The dominance of the segment can be attributed to the strict environmental regulations and the superior performance properties of this coating. Additionally, waterborne coatings offer improved safety profiles, excellent performance with less environmental impact as compared to conventional solvent-based coatings.
The powder coatings segment is expected to grow at the fastest CAGR during the study period. The growth of the segment can be credited to the rising demand for sustainable and durable coating materials across different industries. Powder coatings are very low in VOCs and favoured for their durability, sustainability, and cost-effectiveness, which will impact positive market expansion soon.
Why Did the Spray Coating Segment Dominated the Low-VOC Coatings Market in 2024?
The spray coating segment held the largest market share of 60% in 2024. The dominance of the segment can be linked to the expansion of green building practices and innovations in low-VOC coating technologies. The development of eco-friendly raw material sources, like renewable and bio-based additives, is further enhancing the environmental impact of low-VOC spray coatings.
The electrostatic coating segment is expected to grow at the fastest CAGR over the forecast period. The growth of the segment can be driven by its benefits over conventional solvent-based options. Furthermore, Electrostatic coatings offer an extensive range of colors and textures, enabling product customization to a wide range of consumer preferences, leading to segment growth.
By Resin Type
By Application Type
By End-User Industry
By Formulation
By Technology
By Region
August 2025
August 2025
August 2025
August 2025