Low VOC Adhesives Market Size

Low VOC Adhesive Market size is estimated to surpass USD 90 Billion by the end of 2036, growing at a CAGR of 7.8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of the low VOC adhesives was over USD 55 Billion. The growth in the market is because of the increasing need for "green" adhesives as it promotes new sustainable practices. It contributes to the protection of the environment by limiting the release of hazardous chemicals and it is considered healthy for the environment and people to use low-VOC adhesives.

Moreover, there is an increasing demand for the construction industry due to its properties like ease of use, high-temperature resistance, stability, flexibility, durability, and the economy's feasibility. Further, rising infrastructure as a result of the increased urbanisation, is also expected to add growth to the construction industry. After reaching a record 8% construction expenditure growth in 2021, the US engineering and construction sector started 2022 on a promising note.