Low VOC Paint Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Low VOC Paint Market Report is Segmented by Type (low-VOC, No or Zero VOC, and Natural), Formulation Type (Water-Borne, Solvent-Borne, and Powder), Application (Architecture and Decorative, General Industrial, Automotive OEM, Automotive Refinish, Marine, Consumer Durables, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The Report Offers Market Size and Forecasts in Terms of Value (USD) for all the Above Segments.

Low VOC Paint Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Low VOC Paint Market Size

Low VOC Paint Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 9.34 Billion
Market Size (2030) USD 12.26 Billion
CAGR (2025 - 2030) 5.60 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration Low

Major Players

Low VOC Paint Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Low VOC Paint Market with other markets in Chemicals & Materials Industry

Plastics, Polymers, and Elastomers

Adhesives and Sealants

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Water and Wastewater Treatment

Advanced Materials

Construction Chemicals and Materials

Low VOC Paint Market Analysis

The Low VOC Paint Market size is estimated at USD 9.34 billion in 2025, and is expected to reach USD 12.26 billion by 2030, at a CAGR of greater than 5.6% during the forecast period (2025-2030).

  • The COVID-19 pandemic impacted the low VOC paint market in 2020 and 2021, driven by reduced economic and commercial activities coupled with declines in construction and industrial output. But the market recovered in recent years and is anticipated to grow over the period.
  • The increasing awareness about the harmful effects of conventional paints, which is contrary to low VOC paints as they are eco-friendly and safe to use, is expected to drive the market's growth during the forecast period.
  • On the other hand, the high cost of low VOC paint compared to conventional paint is expected to hinder the market's growth.
  • The increasing construction of green buildings, shift toward eco-friendly chemicals, and recycling of low VOC paint will likely provide opportunities for the market studied during the forecast period.
  • Asia-Pacific dominated the global market due to the high consumption of low-VOC paints from the architectural industry.

Low VOC Paint Industry Overview

The low VOC paint market is partially fragmented in nature. The major players (not in any particular order) include Akzo Nobel N.V., Asian Paints, BASF SE, Axalta Coating Systems, LLC, and The Sherwin-Williams Company, among others.

Low VOC Paint Market Leaders

  1. BASF SE

  2. The Sherwin-Williams Company

  3. Akzo Nobel N.V.

  4. Axalta Coating Systems, LLC

  5. Asian Paints

  6. *Disclaimer: Major Players sorted in no particular order
Low VOC Paint Market Concentration
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Low VOC Paint Market News

July 2023: Crown Trade aims to strengthen its commitment to creating a more sustainable built environment with the launch of an innovative new air purifying paint that’s ultra-low in volatile organic compounds (VOCs). The product contains advanced air purifying technology that removes up to 45% of formaldehyde from the air, helping to improve indoor air quality from the very first coat.

August 2022: Arkema, a global leader in specialty materials for paints and coatings, launched SYNAQUA 9511, a new performance waterborne binder for use in formulating industrial paints with low VOC levels (150 g/l).

Low VOC PaintMarket Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Awareness about Harmful Effects of Conventional Paint
    • 4.1.2 increasing Demand in Architectural and Decorative Industry
    • 4.1.3 Other Drivers
  • 4.2 Restraints
    • 4.2.1 High Cost in Comparison to Conventional Paint
    • 4.2.2 Other Restraints
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Type
    • 5.1.1 Low-VOC
    • 5.1.2 No or Zero VOC
    • 5.1.3 Natural
  • 5.2 Formulation Type
    • 5.2.1 Water-borne
    • 5.2.2 Solvent-borne
    • 5.2.3 Powder
  • 5.3 Application
    • 5.3.1 Architecture and Decorative
    • 5.3.2 General Industrial
    • 5.3.3 Automotive OEM
    • 5.3.4 Automotive Refinish
    • 5.3.5 Marine
    • 5.3.6 Consumer Durables
    • 5.3.7 Other Applications (Pharmaceuticals, Electronics, etc.)
  • 5.4 Geography
    • 5.4.1 Asia-Pacific
    • 5.4.1.1 China
    • 5.4.1.2 India
    • 5.4.1.3 Japan
    • 5.4.1.4 South Korea
    • 5.4.1.5 Rest of Asia-Pacific
    • 5.4.2 North America
    • 5.4.2.1 United States
    • 5.4.2.2 Canada
    • 5.4.2.3 Mexico
    • 5.4.3 Europe
    • 5.4.3.1 Germany
    • 5.4.3.2 United Kingdom
    • 5.4.3.3 France
    • 5.4.3.4 Italy
    • 5.4.3.5 Rest of Europe
    • 5.4.4 South America
    • 5.4.4.1 Brazil
    • 5.4.4.2 Argentina
    • 5.4.4.3 Rest of South America
    • 5.4.5 Middle-East and Africa
    • 5.4.5.1 Saudi Arabia
    • 5.4.5.2 South Africa
    • 5.4.5.3 Rest of Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share(%)**/Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Akzo Nobel N.V.
    • 6.4.2 American Formulating & Manufacturing
    • 6.4.3 Arkema
    • 6.4.4 Asian Paints
    • 6.4.5 AURO
    • 6.4.6 Axalta Coating Systems, LLC
    • 6.4.7 BASF SE
    • 6.4.8 Benjamin Moore & Co.
    • 6.4.9 Berger Paints India Limited
    • 6.4.10 BioShield Paint Company
    • 6.4.11 Cloverdale Paint Inc.
    • 6.4.12 Crown Trade
    • 6.4.13 Fine Paints of Europe
    • 6.4.14 Jotun
    • 6.4.15 Kalekim
    • 6.4.16 Kansai Paint Co.,Ltd.
    • 6.4.17 Nippon Paint Holdings Co., Ltd.
    • 6.4.18 PPG Industries, Inc.
    • 6.4.19 The Sherwin-Williams Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Increasing Construction of Green Buildings
  • 7.2 Shift toward Eco-friendly Chemicals
**Subject to Availability
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Low VOC Paint Industry Segmentation

Low VOC Paints contain fewer Volatile Organic Compounds (VOC) or solvents than conventional coatings. As VOCs evaporate and release hazardous chemicals into the air, adopting low-VOC products is preferable for improving air quality and helping to increase environmental sustainability.

The low VOC paint market is segmented by type, formulation type, application, and geography. By type, the market is segmented into low VOC, no or zero VOC, and natural. By formulation type, the market is segmented into water-borne, solvent-borne, and powder. By application, the market is segmented into architecture and decorative, general industrial, automotive OEM, automotive refinish, marine, consumer durables, and other applications (pharmaceuticals, electronics, etc.). The report also covers the market size and forecasts for the low VOC paint market for 15 countries across major regions.

For each segment, the market sizing and forecasts have been done based on value (USD).

Type Low-VOC
No or Zero VOC
Natural
Formulation Type Water-borne
Solvent-borne
Powder
Application Architecture and Decorative
General Industrial
Automotive OEM
Automotive Refinish
Marine
Consumer Durables
Other Applications (Pharmaceuticals, Electronics, etc.)
Geography Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle-East and Africa Saudi Arabia
South Africa
Rest of Middle-East and Africa
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Low VOC PaintMarket Research FAQs

How big is the Low VOC Paint Market?

The Low VOC Paint Market size is expected to reach USD 9.34 billion in 2025 and grow at a CAGR of greater than 5.60% to reach USD 12.26 billion by 2030.

What is the current Low VOC Paint Market size?

In 2025, the Low VOC Paint Market size is expected to reach USD 9.34 billion.

Who are the key players in Low VOC Paint Market?

BASF SE, The Sherwin-Williams Company, Akzo Nobel N.V., Axalta Coating Systems, LLC and Asian Paints are the major companies operating in the Low VOC Paint Market.

Which is the fastest growing region in Low VOC Paint Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Low VOC Paint Market?

In 2025, the Asia Pacific accounts for the largest market share in Low VOC Paint Market.

What years does this Low VOC Paint Market cover, and what was the market size in 2024?

In 2024, the Low VOC Paint Market size was estimated at USD 8.82 billion. The report covers the Low VOC Paint Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Low VOC Paint Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Low VOC PaintIndustry Report

Statistics for the 2025 Low VOC Paint market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Low VOC Paint analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.