Low VOC Adhesives Market Analysis

  • Report ID: 2764
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Low VOC Adhesives Market Analysis

Technology Type (Hot Melts, Water Based Adhesives, Reactive)

By technology type, the water-based adhesives segment is anticipated to gain the highest growth of 59% in the low VOC adhesive market. Water-based adhesives are increasingly used for flexible packaging applications, such as packaging for medicine delivery systems, shipping packaging for building materials, and packaging for consumer and industrial goods. Moreover, the use of these additives is also most frequent for food packaging lamination. For instance, the demand for the use of plastics worldwide increased sharply over the last few decades and, in recent years, reached an estimated 460 million tonnes. Packaging accounted for almost 31 % of this total, and by far the largest segment in which plastics are consumed.

End User (Paper & Packaging, Transport, Building & Consumer Goods, Wood Working)

The paper & packaging segment in the low VOC adhesive market is expected to garner a significant share of 45%. The growth can be attributed to the growing food packaging industry. A variety of items may be transported, stored, and protected with paper packaging owing to its adaptability and affordability. The packaging for paper cartons is utilized in a variety of sectors, including agriculture, food and beverage industry, and others. For instance, low VOC adhesives are becoming more important in the paper and packaging industries since they are used to label, laminate, package, and seal bottles and packages, mostly in the food and consumer products industries.

Our in-depth analysis of the global market includes the following segments:

 

     Chemical type

  • Polyvinyl Acetate PVA
  • Vinyl Acetate Ethylene VAE
  • Ethylene Vinyl Acetate EVA
  • Polyurethane

 

     Technology type

 

     End User industry

 

  • Paper & Packaging
  •  Transportation Construction
  •  Consumer Goods
  • Wood Working
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 2764
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising environmental concern and the surging demand for light Weight vehicles are the major factors driving the market growth.

The market is anticipated to attain a CAGR of 7.8% over the forecast period, i.e., 2024-2036.

Fluctuating prices of raw materials, and strict regulatory policies are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

The major players in the market are Ashland, H.B. Fuller Company, Henkel Corporation, Bostik, Pidilite Industries Limited, Parker Hannifin Corporation, ARDEX Group, Reynolds Company, DELO Industrial Adhesives LLC, and others.
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