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Low Volatile Organic Compounds (VOC) Adhesive Market research report delivers key data about the product portfolios, product values, company profiles, shares, and contact data for the company. This promotional market document on the worldwide market also represents all the regions as well as countries across the globe, which showcase a regional manufacturing status, such as volume, market size, value and price details. It also represents a brief summary of sales, revenue share, demand/supply data, and market growth analysis during the predicted period. Low Volatile Organic Compounds (VOC) Adhesive business report showcases an overall mapping of the industry vendors and the analysis of the competitive landscape.
Data Bridge Market Research analyses that the low volatile organic compounds (VOC) adhesive market is expected to reach USD 2,750.90 million by 2030, which is USD 1,833.79 million in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030.
Market Overview:
Low-VOC is a term that refers to an extensive range of VOC contents which are much lower than the conventional products that comprise VOCs. Low volatile organic compounds (VOC) adhesive refers to those adhesives which are not harmful for the environment and humans. It mostly refers to those adhesives which have a very low or zero volatile organic compounds. Low VOCs adhesives are good for both living organisms and the environment.
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Some of the major players operating in the low volatile organic compounds (VOC) adhesive market are:
- Henkel Adhesives Technologies India Private Limited (Germany)
- H.B. Fuller Company. (U.S.)
- Arkema (France)
- 3M (U.S.)
- Dow (U.S.)
- Ashland (U.S.)
- DIC CORPORATION (Japan)
- Dural Industries (Germany)
- Bond Tech Industries (Canada)
- SAPICI S.p.A (Italy)
- Merck KGaA (Germany)
- Bayer AG (Germany)
- Dupont (U.S.)
- Illinois Tool Works Inc. (U.S.)
- MAPEI S.p.A. (Italy)
- PPG Industries, Inc. (U.S.)
- Bostik (France)
- Sika AG (Switzerland)
- Pidilite Industries Ltd. (India)
- Akzo Nobel N.V. (Netherlands)
Global Low Volatile Organic Compounds (VOC) Adhesive Market Dynamics
Drivers
- Growing demand of low volatile organic compounds (VOC) adhesive in paper and packaging industry
The paper and packaging sector is projected to cover the significant growth rate in the global low volatile organic compounds (VOC) adhesive market due to the wide usage these adhesives in various types of packaging such as case and carton, corrugated and flexible packaging.
- Increasing usage of polyvinyl acetate (PVA) adhesives
Polyvinyl acetate adhesives is low volatile organic compounds (VOC) adhesive which is widely used in the adhesive as a synthetic resin. Polyvinyl acetate adhesives are eco-friendly and offers various properties such as presence of less VOCs, waterborne nature and superior adhesion to different substrates. It has huge scope in packaging applications such as paperboard decals, wood assembly, automobile upholstery, bookbinding, paper bags, cartons, labels, foils, film, and leather binding. As a result of all these factors, the demand for the polyvinyl acetate adhesive increases which is expected to drive the market growth.
Opportunities
- Growing interest in construction of green buildings
With augmented interest in green living among consumers, it is important to use those materials which have less or no negative effect on the environment. The usage of low volatile organic compounds (VOC) adhesives are approved in the construction of green buildings. These adhesives are produced to comply with evolving green building standards. Green building comprises bio based raw materials in the adhesive, solvent free products and concentrated emphasis on lower VOCs during and after installation. Thus, increasing interest in construction of green buildings will create ample opportunities for the market growth.
Global Low Volatile Organic Compounds (VOC) Adhesive Market Scope
Chemistry
- Polyvinyl acetate (PVA)
- Vinyl Acetate Ethylene (VAE)
- Ethylene Vinyl Acetate (EVA)
- Polyacrylic Ester (PAE)
- Polyurethane
- Epoxy
- Others
Form
- Paste
- Liquid
- Pellets
- Tape
- Others
Substrate
- Metal
- Concrete
- Stone
- Wood
- Polyvinyl Chloride (PVC)
- Polyurethane Foam,
- Others
Type
- Water-based
- Holt-Melt
- Reactive
End-user Industry
- Paper and Packaging
- Building and Construction
- Transportation
- Woodworking
- Others
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Low Volatile Organic Compounds (VOC) Adhesive Market Regional Analysis/Insights
The low volatile organic compounds (VOC) adhesive is analyzed and market size insights and trends are provided by country chemistry, form, substrate, type and end-user industry as referenced above.
The countries covered in the low volatile organic compounds (VOC) adhesive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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