Core Viewpoint - The VOCs emission from industrial sources remains high, but the governance logic is undergoing profound changes, shifting from "compliance with standards" to "pollution reduction and carbon reduction" [1] Industry Development - The VOCs governance industry in China is entering a new development stage characterized by refined management, systematic and intelligent governance, and low-carbon approaches [1] - The industry chain for VOCs governance has been continuously extended, with significant upgrades in upstream purification materials and enhanced manufacturing capabilities in midstream equipment [2] - The current market size for VOCs governance in China is approximately 115 billion yuan, with the main business types being governance engineering (65.2%) and third-party operation services (17.4%) [2] Green Island Model - The "Green Island" model, which focuses on centralized recovery and regeneration platforms for small and medium-sized pollution sources, is gaining traction as an effective governance approach [3] - This model addresses high costs and management difficulties associated with dispersed emissions from enterprises, becoming a key direction for regional air pollution collaborative governance [3] Regulatory Changes - The recent amendment to the Environmental Protection Tax Law expands the taxation scope for VOCs, marking a shift from passive compliance to proactive emission reduction [4] - Industries significantly impacted by VOCs emissions include petrochemicals, chemicals, industrial coatings, and oil storage and transportation [4] Tax Implications - The expected tax rate for VOCs is between 60,000 yuan/ton and 180,000 yuan/ton, which will accelerate the elimination of outdated production capacity and create market opportunities for compliant enterprises [5] Technological Innovation - The VOCs governance technology is evolving from traditional methods to new trends focusing on deep governance, material innovation, digital control, and equipment standardization [6] - Key technologies include solvent recovery through various processes, activated carbon fiber adsorption, and biological treatment methods that emphasize low energy consumption and no secondary pollution [6]