Sales of Low VOC Adhesives to Accelerate to 5% CAGR as Demand for Water-Based Adhesives Rises

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NEW YORK, November 30, 2021 / PRNewswire / – Growing preference for green alternatives in various sectors such as the pulp and paper and transportation industries is expected to propel sales of low-VOC adhesives at a CAGR of 5% from 2020 to 2030. According to Fact.MR, the consumption will increase in the automotive industry which is expected to increase the growth of the Low VOC Adhesives market throughout the evaluation period.

Low VOC adhesive compounds are durable, environmentally friendly, and offer high strength and bonding capabilities. The increasing adoption of low VOC hot melt adhesives in the consumer goods, packaging and personal care industries is expected to continue to drive sales in the years to come.

Rapid urbanization in various counties such as India, Brazil, and China led to the expansion of the construction and timber industries. Low VOC adhesives are used in the wood industry for securing furniture and other components. This is further fueling the demand for low VOC hot melt adhesives.

The consumption of low VOC adhesives in the construction industry is expected to remain high in the coming years. This is due to a myriad of advantages offered by low VOC adhesives, such as high temperature and water resistance, easy accessibility, and high stability. These adhesives also facilitate rapid curing in humid environments in new construction projects.

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One of the main factors driving sales of low VOC water-based adhesives is the stringent regulations imposed to restrict greenhouse gas emissions. It has also resulted in a growing awareness of sustainability in the building and construction industry. Low VOC adhesives are made from recycled, renewable and biodegradable materials, which in turn is expected to increase their sales in the years to come.

“The increasing adoption of low VOC adhesives in the paper and pulp industry for book binding and leather binding is expected to drive the market. “says a Fact.MR analyst.

Key points to remember:

  • Based on technology, sales of low VOC water-based adhesives are expected to continue to gain ground through 2030.
  • In terms of composition, the polyvinyl acetate segment is poised to dominate the composition category in the coming years.
  • Low VOC adhesive applications in the pulp and paper industry are expected to increase at a remarkable rate during the forecast period.
  • Sales of low VOC adhesives in the United States will remain strong due to the presence of robust transportation and automotive industries.
  • Demand for low VOC adhesives in China is expected to gain momentum due to the growing preference for green alternatives in the industrial sector.

Growth drivers:

  • The expansion of the e-commerce industry is driving the demand for environmentally friendly packaging solutions, which is expected to boost sales of low VOC adhesives.
  • The increasing applications of low VOC adhesives in the interior design and textile industries will continue to increase the growth of the market.

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Competitive landscape

The major players in the global low VOC adhesives market are investing in strategic collaborations, mergers, acquisitions and partnerships to strengthen their distribution networks and market presence. Apart from this, players invest in research and development and collaborate with other players to improve their product offerings. For example:

In September 2021, Henkel worked with Weir Minerals, the maker of Linatex, the world’s leading premium natural rubber brand, to develop the LINATEX LOCTITE-LINA 88 line of adhesives. The new line is solvent-free and VOC-free for coatings in rubber. The collaboration aims to help the two companies strengthen sustainability and improve product portfolios.

Major players in the Low VOC Adhesives market include:

  • Henkel AG & Co. KGaA
  • Dow
  • HB Fuller
  • 3M Society
  • Bostik
  • Sika AG
  • Huntsman International LLC
  • Ashland
  • Mapei
  • Jowat Company
  • Pedility
  • LORD Corporation

More Valuable Insights into the Low VOC Adhesives Market

Fact.MR provides an unbiased analysis of the Low VOC Adhesives market, presenting historical demand data (2016-2020) and forecast statistics for the period 2020-2030. The study reveals compelling insights into the global Low VOC Adhesives market with detailed segmentation on the basis of:

Technology:

  • Water based
  • Hot melt
  • Reagent

Composition:

  • Epoxy
  • Polyurethane
  • Polyvinyl acetate (PVA)
  • Ethylene vinyl acetate (EVA)
  • Polyacrylic ester (PAE)
  • Ethylene vinyl acetate (VAE)

End use:

  • Building construction
  • Automotive and Transportation
  • Consumer goods
  • The Woodcraft
  • Packaging

Regions:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • AEM

Key Questions Answered In The Low VOC Adhesives Market Report

  • The report provides an overview of the low VOC adhesives market demand outlook for 2020-2030.
  • The market study also highlights the expected sales growth for the Low VOC Adhesives market between 2020 and 2030.
  • The Low VOC Adhesives market research identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluating the current market size and forecast and advancements technology within the industry.
  • Analysis of the Low VOC Adhesives market share of key companies in the industry and coverage of strategies such as mergers and acquisitions, joint ventures, collaborations or partnerships, etc.

Explore Fact.MR’s coverage in chemicals and materials –

Construction Adhesives Market- End user needs for heat and moisture resistant adhesives, as well as quick set adhesives, continue to drive the demand for construction adhesives. The building sector has grown considerably over the past decades. Construction adhesive is used by construction companies for waterproofing, repairing leaky roofs, and other uses. Construction adhesive is used to replace traditional methods of attaching materials such as nuts and bolts, wood glue, and contact glue. In addition, increased investment in business developments in developing countries has boosted demand for construction adhesives.


Adhesives Market
The use of high performance adhesives in interior and exterior automotive applications has fueled the expansion of the adhesive market. Adhesives are finding more and more uses in the construction industry, which has contributed to the growth of the market. The demand from the packaging industry has continued to grow. Adhesives will be used more and more in the industry as consumer preferences for flexible, low-cost packaging solutions evolve. The market has seen a significant increase in research and development spending.

Textile Adhesives MarketIn developed countries like United States, the European Union and Japan, the textile adhesives industry is expected to change as demand shifts to technical fabrics. Due to the availability of cheap labor and abundant raw materials in Asian countries, a considerable part of the textile industry is centered on China, South Asia, and South East Asia. Therefore, Asia Pacific accounts for the majority of the demand for textile adhesives. Textile adhesive producers collaborate with end users of textile products such as manufacturers of automotive and sports products to create innovative technologies.

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