Policy-driven and Market Transformation: Accelerating Structural Change in the Solvent Industry

1. China Introduces New VOCs Emission Reduction Regulations, Leading to Significant Decline in Solvent-based Coatings and Ink Usage In February 2025, China’s Ministry of Ecology and Environment issued the Comprehensive Management Plan for Volatile Organic Compounds (VOCs) in Key Industries. The policy mandates that, by the end of 2025, the usage proportion of must be reduced by 20 percentage points compared to 2020 levels, solvent-based inks by 10 percentage points, and solvent-based adhes