Low VOC Adhesive Market by Chemistry (PAE, PVA, VAE, EVA, Polyurethane, and Epoxy), End-use Industry (Paper & Packaging, Building & Construction, Woodworking), and Technology (Water-based, Hot-melt based and Reactive), and Region - Global Forecast to 2022

Published: November 2017
No. of Pages: 167
    ReportsandReports

“The increasing demand for low VOC adhesives from various end-use industries due to regulatory and environmental impacts is projected to drive the market during the forecast period.”

The market size of low VOC adhesive is estimated to be 41.58 billion in 2017 and is projected to reach USD 55.29billion by 2022, at a CAGR of 5.9%. The low VOC adhesive market is driven by the increasing use of adhesives in several end-use industries such as paper & packaging, building & construction, woodworking, transportation, and consumer. The stringent government regulations pertaining to the VOC content in adhesive drives the low VOC adhesive market.

“The polyurethane chemistry segment of the low VOC adhesive market is projected to register the highest CAGR during the forecast period.”

The outstanding features of polyurethane are flexibility, strength, and excellent adhesion that ensure good bonding to flexible plastics that are difficult to bond. These properties drive the demand for polyurethane adhesives in transportation, wood working, and building & construction end-use industries.

“The low VOC adhesive market in Asia-Pacific is projected to register the highest CAGR during the forecast period.”

The low VOC adhesive market in Asia-Pacific is projected to register the highest CAGR during the forecast period. Emerging economies, such as China, India, South Korea, and various other Southeast Asian countries are attracting several global players to establish their manufacturing base in Asia-Pacific. These manufacturers are competing to reach an extensive customer base in countries, such as China and India to cater to the increasing demand for adhesives from various end-use industries in these countries. Increased investments in infrastructural development in the region are expected to fuel the low VOC adhesive market in the construction end-use industry in the Asia-Pacific region.

Extensive primary interviews have been conducted to determine and verify the market sizes of various segments and subsegments obtained from the data gathered through secondary research. The breakdown of primary interviews has been given below.

  • By Company Type - Tier 1 – 56%, Tier 2 – 33%, and Tier 3 – 11%
  • By Designation - C level – 45%, D level – 33%, and Others – 22%
  • By Region - North America – 22%, Europe – 20%, Asia-Pacific – 28%, South America– 17%, and the Middle East & Africa – 13%

Key companies profiled in this market research report include H.B. Fuller (U.S.), Henkel (Germany), Dow (U.S.), Sika (Switzerland), Bostik (France), 3M (U.S.), and Huntsman (U.S.)

Research Coverage:

This report covers the consumption of low VOC adhesive across different end-use industries and regions. It aims at estimating the market size and future growth potential of the low VOC adhesive market across different segments based on chemistry, end-use industry, technology, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the low VOC adhesive market, along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

This report aims at helping the market leaders/new entrants in the market by providing them the closest approximations of the revenues for the overall low VOC adhesive market and its subsegments. This report aims at helping stakeholders to obtain an improved understanding of the competitive landscape of the market players and gain insights to improve the position of their businesses by adopting suitable development strategies. This report also aim sat helping the stakeholders to understand the pulse of the market and providing them information on key market drivers, restraints, challenges, and opportunities.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1159


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