Low VOC Adhesive Market : Industry Analysis and Forecast (2019-2026)
Low VOC Adhesive Market size was valued at US$ 39.27Bn in 2019 and is expected to reach US$ 55.29 Bn by 2026, at a CAGR of 4.37%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
VOC also was known as volatile organic compounds are chemicals having high vapor pressure within room temperature that results from low boiling point. VOCs are ubiquitous containing both naturally occurring and man-made chemical compounds. Woodworking, paper & packaging and building & construction among others are some application areas for this market
Based on end-use industry, low VOC adhesive market has been divided into building & construction, woodworking, transportation, paper & packaging, consumer, and others. Paper and packaging formed one of the largest segments in low VOC adhesive market and it is also expected to lead in the forecast.
Asia-Pacific is expected to register one of the highest growth rates. Developing economies like India, China and South Korea among other countries are attracting several global players to establish their manufacturing base in the Asia Pacific region. These manufacturers are further competing to reach a wide-ranging customer base across regions thereby fueling demand for this market.
Low VOC Adhesive Market, by Chemistry:
• Vinyl acetate ethylene (VAE)
• Ethylene vinyl acetate (EVA)
• Epoxy
• Polyvinyl acetate (PVA)
• Polyacrylic ester (PAE)
• Polyurethane
• Others
Low VOC Adhesive Market, by End-Use Industry:
• Building & construction
• Woodworking
• Paper & packaging
• Transportation
• Consumer
• Others
Low VOC Adhesive Market, by Technology:
• Hot-melt adhesive
• Reactive & other adhesives
• Water-based adhesive
Low VOC Adhesive Market, by Region:
• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the low VOC Adhesive Market:
• H.B. Fuller (U.S.)
• Henkel Germany)
• Dow (U.S.)
• Sika (Switzerland)
• Bostik (France)
• 3M (U.S.)
• Huntsman (U.S.)
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