Paint “yellowing” on aging is a widely known and well documented characteristic property of alkyd (oil-based) enamels and is most noticeable in the dried films of pale coloured or white pigmented oilbased enamel paints or clear varnishes.
It has been extensively researched and is known to be due to the presence of chromophores (coloured chemicals) that are formed during the paints drying process. These chromophores are sensitive to light and will be bleached out of the paint film if exposed to daylight. Some alkyd enamel paints discolour more than others depending on the type of vegetable oil blend(eg. Safflower, sunflower, soya oil, etc) that is present in the formulation. However all alkyd enamel paints can be expected to develop a yellow tinge/tone as time passes, especially in the absence of daylight.