Global Low VOC Adhesives Market Report 2022-2027: Increase

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Dublin, March 03, 2022 (GLOBE NEWSWIRE) — The report “Low VOC Adhesive Market – Global Outlook & Forecast 2022-2027” has been added to from ResearchAndMarkets.com offer.

The low VOC adhesives market is expected to grow at a CAGR of 6.19% during the forecast period.

Rising adoption of low VOC adhesives in emerging economies such as China, India, and Brazil in their numerous industries is driving the growth of the market. The decreasing use of solvent-based products creates an opportunity for hot melt, reactive and water-based adhesives.

This is having a positive impact on the global low VOC adhesives market. Flexibility and excellent adhesion properties with any substrate make low VOC adhesives suitable for any industry. Currently, regulations in most countries to limit VOC emissions in adhesives will have a positive impact on the industry.

MARKET SEGMENTATION

  • The water-based type held the largest technology-based low VOC adhesive market share. This is attributed to its lightweight properties, less usage while forming a bond and the absence of volatile organic compounds in the product. Pressure sensitive adhesives are the most widely used product among consumer goods as they are suitable for bonding various substrates such as paper, plastic, metal, wood and glass.
  • The paper and packaging industry is one of the biggest consumers of low VOC adhesives. The building and construction segment will have

GEOGRAPHICAL ANALYSIS

  • APAC: APAC is the largest and fastest growing region in the low VOC adhesives industry. Higher domestic demand and the availability of cheap labor make this region the most attractive market for low-VOC producers. China was the top market in APAC, while India is expected to be the fastest growing market by value from 2021 to 2027
  • North America: The demand for specialty low VOC adhesives in North America is driven by stringent regulations regarding the use of toxic chemical formulations in chemical curing adhesives. The recovery of the construction industry in North America after the economic slowdown also increases the opportunities in the market.

VENDOR LANDSCAPE

  • The main players in the sector are 3M Company, Sika, B Fuller, Henkel and Arkema
  • Several players are expected to expand their presence globally during the forecast period, especially in rapidly developing countries in APAC region, to gain more market share
  • Manufacturers should focus on simplifying the application of low VOC adhesives, such as easier application with a glue gun or in cartridges

HIGHLIGHTS

  • The growing demand from the packaging industry will drive the growth of the low VOC adhesives market. Water-based and hot-melt adhesives are mainly preferred in the paper and packaging industry
  • There is a growing demand for improved air quality, increased awareness of health risks, and protection of the environment from ozone layer depletion. This has led to the incorporation of low VOC products in the building and construction industry, gaining traction worldwide, thereby increasing product sales.
  • There has been an increasing adoption of polyurethane-based hot melt adhesives in bookbinding, product packaging, and shoemaking. The fact that polyurethane-based products are stronger than water-based and hot-melt products is driving the growth of the segment

KEY GROWTH FACTORS

  • Growing demand from the packaging industry
  • New construction and home improvement activity
  • Growing Adoption of Polyurethane Hot Melt Adhesives
  • Strong demand for light vehicles
  • Environmental regulations drive demand for low VOC adhesives
  • High growth potential in emerging economies

KEY SUPPLIERS

  • 3M
  • Sika AG
  • HB Fuller
  • Henkel
  • Arkema (Bostik)

OTHER MAJOR SUPPLIERS

  • Ashland
  • Delo
  • Huntsman International LLC
  • Dymax
  • Permatex
  • Beacon Adhesives
  • Jowat
  • PPG Industries
  • Pidilite Industries
  • Wacker Chemie AG
  • Lord Corporation
  • Avery Dennison Company
  • Alfa adhesives
  • Uniseal
  • Roberts Consolidated Industries
  • IFS Industries
  • Infinity Bond Adhesives
  • Nanpao Resins Chemical Group
  • Franklin International

Main topics covered:

1 Research methodology

2 research objectives

3 Research process

4 Scope and coverage
4.1 Market definition
4.2 Base year
4.3 Scope of the study

5 Report assumptions and caveats
5.1 Main caveats
5.2 Currency conversion
5.3 Market Derivation

6 The market at a glance

7 Presentation
7.1 Overview
7.2 Supply Chain Analysis
7.3 Impact of Covid-19
7.4 Current Development in Low VOC Adhesives Industry
7.5 Volatile Organic Compounds (VOC) Regulations
7.5.1 Regulations Affecting VOC Content in Different States

8 Frequently Asked Questions
8.1 How will the Low VOC Adhesives Market perform in the coming years?
8.2 What are the major factors driving the demand for low VOC adhesives?
8.3 What is the most cost effective and preferred low VOC adhesive technology?
8.4 What is the most cost effective low VOC adhesive resin?
8.5 Which End-Use Segment Generates the Highest Revenue for Low VOC Adhesive Suppliers?
8.6 What is the fastest growing region for Low VOC Adhesives?
8.7 Where are the key players operating in the Low VOC Adhesives Market?

9 Growth Opportunity
9.1 Technology
9.2 End use
9.3 Resin
9.4 Geography

10 market opportunities and trends
10.1 Increase in Demand from Packaging Industry
10.2 New construction and home improvement activities
10.3 Growing Popularity of Low VOC Polyurethane Hot Melt Adhesives

11 Market Growth Catalysts
11.1 High demand for light vehicles
11.2 Environmental Regulations Driving Demand for Low VOC Adhesives
11.3 High Growth Potential in Emerging Economies

12 Market Constraints
12.1 Increase in commodity prices
12.2 Technical Challenges in Applying Low VOC Adhesives

13 Market landscape
13.1 Market Overview
13.2 Market Size and Forecast
13.3 Five forces analysis

14 Adhesive technology
14.1 Market Overview and Growth Driver
14.2 Market Overview
14.3 Water based
14.4 Pressure sensitive adhesives
14.5 Hot melt
14.6 Reactive adhesives

15 Resin
15.1 Market Overview and Growth Driver
15.2 Market Overview
15.3 Polyvinyl acetate (PVA)
15.4 Acrylic
15.5 Polyurethane
15.6 Ethylene-vinyl acetate (Eva)
15.7 Epoxy
15.8 STYRENIC block copolymer

16 End use
16.1 Market Overview and Growth Driver
16.2 Market Overview
16.3 Paper and packaging
16.4 Building and Construction
16.5 Furniture
16.6 Automotive and Transportation
16.7 Footwear and leather
16.8 Consumer and DIY
16.9 Medical devices

17 Geography
17.1 Market Overview and Growth Driver
17.2 Geographic overview

For more information about this report visit https://www.researchandmarkets.com/r/7ifpb9

  • Global Low VOC Adhesives Market


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