Low VOC Adhesives Market - Global Industry Analysis

Low VOC Adhesives Market

Low VOC Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6549 Status : Upcoming

Description

Global Low VOC Adhesives Market: Overview

The low VOC refers to the volatile organic compound that is regarded as non-harmful to humans and the environment. Such low VOC adhesives are utilized to bind particles, metals, wood, and laminate boards. These are also used in binding nonporous surfaces, substrates, lightweight material, and soft foams. Such adhesives possess high strength bonds which makes them suitable for binding cardboard and paper in numerous other applications including case sealing, palletizing, packaging, and labeling. The low-VOC adhesives are also utilized in industrial applications including furniture & upholstery, assembly, and textile.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Low VOC Adhesives Market: Growth Factors

The low VOC are regarded as eco-friendly adhesives which exhibit exponential bonding capabilities. Such advantages make them perfect for a wide range of applications, which in turn will significantly fuel the growth of the global low VOC adhesives market. There is a significant spike in demand for water-based adhesives owing to their durability, ease of application, flexibility, and economic feasibility. The rapidly proliferating construction and building sector are also likely to fuel the demand for such adhesives in the forthcoming years. The primary reason for which such adhesives are high in demand in the woodworking and construction sector is their potential advantages like stability, high temperature, resistance, and others. Furthermore, these adhesives have the capability to fulfill the surging requirement for strong materials under humid conditions in fresh construction. The emergence of green adhesives due to the growing government regulations will also escalate the growth of the market. However, the growing shift towards a sustainable product portfolio is likely to create several lucrative growth opportunities in the market globally. However, the consumer preference is inclining towards hot melt adhesives, which in turn will also support the growth of the market.

Global Low VOC Adhesives Market: Segmentation

The global low VOC adhesives market can be segmented into end-user, chemistry, technology, and type.

By end-user, the market can be segmented into consumer, transportation, woodworking, building & construction, paper & packaging, and others. The paper & packaging segment accounts for the largest share in the global low VOC adhesives market due to the growing use of these additives in a wide range of applications like corrugated packaging cases and carton & flexible packaging. Case and carton boxes made up of paperboards are utilized for packaging goods. They are utilized in the storage process of poultry & agriculture products, pharmaceutical products, chocolates, biscuits and other industrial purposes.

By chemistry, the market can be segmented into epoxy, polyurethane, EVA emulsion, VAE emulsion, PAE emulsion, PVA emulsion, and others. The PAE emulsion segment dominates the global low VOC adhesives market as these are regarded as environmentally friendly and also offer exceptional properties like superior adhesion, water-based nature, and the presence of fewer VOCs.

By technology, the market can be segmented into reactive, hot melt, water-based, and others. The hot-melt segment holds the largest share in the global low VOC adhesives market as it helps in maintaining exceptional performance throughout the high-speed packaging line.

Global Low VOC Adhesives Market: Regional analysis

Asia Pacific accounts for the largest share in the global low VOC adhesives market due to the rapid proliferation of the packaging sector in the region. Furthermore, the growing scope of e-commerce platforms in the region will fuel the requirements for these adhesives in packaging processes. Moreover, the growing disposable income of the people is also likely to contribute significantly towards the growth of the regional market in the forthcoming years. Emerging economies like China are likely to witness exponential growth rates due to the growing need for customized packaging along with surging demand for frozen fruits, snack foods, and ready-to-eat meals.

Global Low VOC Adhesives Market: Competitive Players

Some of the significant players in the global low VOC adhesives market are Permabond LLC, ARDEX Group, Franklin International, Pidilite Industries Ltd., SCIGRIP, Wacker Chemie, LORD Corporation, Akzo Nobel N.V., Bostik, H.B. Fuller, Sika AG, 3M, and Henkel.

Global Low VOC Adhesives Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The low VOC are regarded as eco-friendly adhesives which exhibit exponential bonding capabilities. Such advantages make them perfect for a wide range of applications, which in turn will significantly fuel the growth of the global low VOC adhesives market. There is a significant spike in demand for water-based adhesives owing to their durability, ease of application, flexibility, and economic feasibility.

 

Some of the significant players in the global low VOC adhesives market are Permabond LLC, ARDEX Group, Franklin International, Pidilite Industries Ltd., SCIGRIP, Wacker Chemie, LORD Corporation, Akzo Nobel N.V., Bostik, H.B. Fuller, Sika AG, 3M, and Henkel.

 

Asia Pacific accounts for the largest share in the global low VOC adhesives market due to the rapid proliferation of the packaging sector in the region. Furthermore, the growing scope of e-commerce platforms in the region will fuel the requirements for these adhesives in packaging processes.

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