Market Overview:
The global low VOC adhesive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for environment-friendly products and the growing construction and transportation industries. Low VOC adhesives are used in a wide range of applications, including paper packaging, construction & construction, woodworking, transport, consumers, and other applications. In terms of region, North America is expected to lead the global low VOC adhesive market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A low VOC adhesive is an adhesive that emits low levels of volatile organic compounds (VOCs) into the air. Low VOC adhesives are important because they can help to improve the air quality in a workspace or home, and they can also be safer to use than traditional adhesives.
PAE:
Polyacrylate Ester is a polymer with acryloyl group attached to it. It is soluble in water and most organic solvents. PAE has high molecular weight which gives it excellent resistance against heat, light, and chemicals.
PVA:
Polyvinyl Acetate (PVA) is a synthetic polymer, which is produced from vinyl acetate monomer. It has excellent adhesion properties to most of the materials including plastics, rubber, glass and metals. PVA based low VOC adhesive market are used in various end-use industries such as automotive & transportation and building & construction owing to their high performance along with low environmental impact. The global PVA based low VOC adhesive market size was estimated at USD 1.
Application Insights:
Paper packaging dominated the global low VOC adhesive market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for sustainable and environment-friendly products. Paperboard boxes are one of the most recycled products globally, with more than 80% of paperboard waste being landfilled according to statistics published by World Wide Fund for Nature (WWF) in 2016.
The construction & construction application segment is also estimated to grow at a lucrative rate during the forecast period due to increasing use of adhesives across various building materials such as cement, bricks, roofing tiles and floorings among others. In addition, growing urbanization along with rising disposable income levels has resulted in increased spending on residential buildings which will further propel industry growth over the coming years.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a revenue share of over 40%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing construction activities, coupled with growing consumer disposable income levels in emerging economies such as China and India. In addition, rising awareness regarding sustainable building practices is anticipated to drive product demand across this region.
The Asia Pacific was followed by Europe which accounted for a revenue share of around 28% in 2017 owing to high consumption levels of VOC adhesives among manufacturers operating within this region. Germany emerged as the largest country-level market within Europe owing to high demand from several major end-use industries including woodworking, transport & storage, packaging & labeling and construction & construction that are driving product consumption trends across this region.
North America also held a significant volume share within the global low VOC adhesive market due to increased focus on recycling initiatives by governments across U.S.
Growth Factors:
- Increasing demand for low VOC adhesive in construction and automotive industries due to environmental concerns
- Rising awareness about the health hazards of conventional adhesives and their potential impact on human health
- Growing demand for green building products and sustainable construction practices
- Technological advancements that enable the development of low VOC adhesive formulations with better performance characteristics
- Regulatory mandates and standards encouraging the use of low VOC adhesives
Scope Of The Report
Report Attributes
Report Details
Report Title
Low VOC Adhesive Market Research Report
By Type
PAE, PVA, VAE, EVA, Polyurethane, Epoxy
By Application
Paper Packaging, Construction & Construction, Woodworking, Transport, Consumers, Other
By Companies
Henkel, 3M, H.B. Fuller, Sika, Bostik, Dowdupont, Huntsman, Illinois Tool Works, Ashland Global Holdings, Mapei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Low VOC Adhesive Market Report Segments:
The global Low VOC Adhesive market is segmented on the basis of:
Types
PAE, PVA, VAE, EVA, Polyurethane, Epoxy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paper Packaging, Construction & Construction, Woodworking, Transport, Consumers, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel
- 3M
- H.B. Fuller
- Sika
- Bostik
- Dowdupont
- Huntsman
- Illinois Tool Works
- Ashland Global Holdings
- Mapei
Highlights of The Low VOC Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PAE
- PVA
- VAE
- EVA
- Polyurethane
- Epoxy
- By Application:
- Paper Packaging
- Construction & Construction
- Woodworking
- Transport
- Consumers
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Low VOC Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Low VOC adhesive is a type of adhesive that has low levels of volatile organic compounds (VOCs). These adhesives are often used in manufacturing and construction because they are less harmful to the environment.
Some of the key players operating in the low voc adhesive market are Henkel, 3M, H.B. Fuller, Sika, Bostik, Dowdupont, Huntsman, Illinois Tool Works, Ashland Global Holdings, Mapei.
The low voc adhesive market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Low VOC Adhesive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Low VOC Adhesive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Low VOC Adhesive Market - Supply Chain
4.5. Global Low VOC Adhesive Market Forecast
4.5.1. Low VOC Adhesive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Low VOC Adhesive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Low VOC Adhesive Market Absolute $ Opportunity
5. Global Low VOC Adhesive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Low VOC Adhesive Market Size and Volume Forecast by Type
5.3.1. PAE
5.3.2. PVA
5.3.3. VAE
5.3.4. EVA
5.3.5. Polyurethane
5.3.6. Epoxy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Low VOC Adhesive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Low VOC Adhesive Market Size and Volume Forecast by Application
6.3.1. Paper Packaging
6.3.2. Construction & Construction
6.3.3. Woodworking
6.3.4. Transport
6.3.5. Consumers
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Low VOC Adhesive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Low VOC Adhesive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Low VOC Adhesive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Low VOC Adhesive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Low VOC Adhesive Demand Share Forecast, 2019-2026
9. North America Low VOC Adhesive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Low VOC Adhesive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Low VOC Adhesive Market Size and Volume Forecast by Application
9.4.1. Paper Packaging
9.4.2. Construction & Construction
9.4.3. Woodworking
9.4.4. Transport
9.4.5. Consumers
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Low VOC Adhesive Market Size and Volume Forecast by Type
9.7.1. PAE
9.7.2. PVA
9.7.3. VAE
9.7.4. EVA
9.7.5. Polyurethane
9.7.6. Epoxy
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Low VOC Adhesive Demand Share Forecast, 2019-2026
10. Latin America Low VOC Adhesive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Low VOC Adhesive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Low VOC Adhesive Market Size and Volume Forecast by Application
10.4.1. Paper Packaging
10.4.2. Construction & Construction
10.4.3. Woodworking
10.4.4. Transport
10.4.5. Consumers
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Low VOC Adhesive Market Size and Volume Forecast by Type
10.7.1. PAE
10.7.2. PVA
10.7.3. VAE
10.7.4. EVA
10.7.5. Polyurethane
10.7.6. Epoxy
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Low VOC Adhesive Demand Share Forecast, 2019-2026
11. Europe Low VOC Adhesive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Low VOC Adhesive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Low VOC Adhesive Market Size and Volume Forecast by Application
11.4.1. Paper Packaging
11.4.2. Construction & Construction
11.4.3. Woodworking
11.4.4. Transport
11.4.5. Consumers
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Low VOC Adhesive Market Size and Volume Forecast by Type
11.7.1. PAE
11.7.2. PVA
11.7.3. VAE
11.7.4. EVA
11.7.5. Polyurethane
11.7.6. Epoxy
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Low VOC Adhesive Demand Share, 2019-2026
12. Asia Pacific Low VOC Adhesive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Low VOC Adhesive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Low VOC Adhesive Market Size and Volume Forecast by Application
12.4.1. Paper Packaging
12.4.2. Construction & Construction
12.4.3. Woodworking
12.4.4. Transport
12.4.5. Consumers
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Low VOC Adhesive Market Size and Volume Forecast by Type
12.7.1. PAE
12.7.2. PVA
12.7.3. VAE
12.7.4. EVA
12.7.5. Polyurethane
12.7.6. Epoxy
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Low VOC Adhesive Demand Share, 2019-2026
13. Middle East & Africa Low VOC Adhesive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Low VOC Adhesive Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Low VOC Adhesive Market Size and Volume Forecast by Application
13.4.1. Paper Packaging
13.4.2. Construction & Construction
13.4.3. Woodworking
13.4.4. Transport
13.4.5. Consumers
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Low VOC Adhesive Market Size and Volume Forecast by Type
13.7.1. PAE
13.7.2. PVA
13.7.3. VAE
13.7.4. EVA
13.7.5. Polyurethane
13.7.6. Epoxy
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Low VOC Adhesive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Low VOC Adhesive Market: Market Share Analysis
14.2. Low VOC Adhesive Distributors and Customers
14.3. Low VOC Adhesive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. H.B. Fuller
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sika
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bostik
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dowdupont
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Huntsman
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Illinois Tool Works
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ashland Global Holdings
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mapei
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook