Low VOC Adhesive Market Size Was Valued at USD 44.3 Billion in 2023, and is Projected to Reach USD 69.32 Billion by 2032, Growing at a CAGR of 5.1% From 2024-2032.
The Low VOC Adhesive Market refers to the global market for adhesives formulated with minimal or no volatile organic compounds (VOCs). Low volatile organic compound (VOC) adhesives have minimal amounts of volatile organic compounds (VOCs). VOCs are substances that, at room temperature, can evaporate into the atmosphere, possibly hurting one's health as well as creating pollution and environmental damage. Conventional adhesives frequently have high volatile organic compounds (VOCs), which can release toxic fumes when applied and cured. This adhesive shows high-strength, solvent-based Low-VOC gluing Adhesive enables the gluing of TPO and EPDM membrane to a variety of porous and non-porous substrates. When low VOC adhesives are used instead of typical adhesives, VOC emissions can be reduced by 70–90%.
"3M (US), Henkel (Germany), H.B. Fuller (US), Dow (US), Sika AG (Switzerland), AkzoNobel (Netherlands), PPG Industries (US), Lord Corporation (US), Wacker Chemie (Germany), Ashland Global Holdings Inc. (US), Mapei (Italy), Arkema (France), Avery Dennison Corporation (US), Huntsman Corporation (US), The Lubrizol Corporation (US), National Starch and Chemical Manufacturing Company (US), Scott Bader Company Ltd (UK), Delo Industrial Adhesives (Germany), Dymax Corporation (US), Pidilite Industries Ltd. (India), Kanto Chemical Group Inc. (Japan), Wego Group Company Ltd. (China), Lechler SpA (Italy), Franklin International (US), Sekisui Chemical Co. Ltd. (Japan), and Other Major Players."
End-Use Industry Diversification Drives Low VOC Adhesive Market
Growing Need for Environmentally Friendly, Sustainable Adhesive
Low VOC Adhesive Market Segmented on the basis of type, chemistry, and end-users industry.
By Type, Water-based Adhesives segment is expected to dominate the market during the forecast period
By Chemistry, Polyvinyl Acetate (PVA) segment dominates the market
Asia Pacific is Expected to Dominate the Market Over the Forecast period
Low VOC Adhesive Market Top Key Players:
Key Industry Developments in the Low VOC Adhesive Market:
In September 2023, the largest pureplay adhesives company in the world, H.B. Fuller Company acquired the operations of UK-based Sanglier Limited, one of the biggest independently owned producers and fillers of sprayable industrial adhesives (aerosol and canister). The acquisition complements technologies acquired through the acquisitions of Apollo and Fourny and sprays capabilities developed in the United States.
In April 2023, Dow and Avery Dennison collaborated to create a novel and environmentally friendly hotmelt label adhesive solution that allows polypropylene (PP) or polyethylene (PE) packaging and polyolefin filmic labels to be mechanically recycled in the same stream. Recycle has authorized the adhesive, which is the first of its sort on the label market, for recycling in the HDPE-colored stream.
Global Low VOC Adhesive Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 44.3 Bn. |
Forecast Period 2024-32 CAGR: |
5.1 % |
Market Size in 2032: |
USD 69.32 Bn. |
Segments Covered: |
By Type |
|
|
By Chemistry |
|
||
By End-User Industry |
|
||
By Region |
|
The forecast period in the Low VOC Adhesive Market research report is 2024-2032.
3M (US), Henkel (Germany), H.B. Fuller (US), Dow (US), Sika AG (Switzerland), AkzoNobel (Netherlands), PPG Industries (US), Lord Corporation (US), Wacker Chemie (Germany), Ashland Global Holdings Inc. (US), Mapei (Italy), Arkema (France), Avery Dennison Corporation (US), Huntsman Corporation (US), The Lubrizol Corporation (US), National Starch and Chemical Manufacturing Company (US), Scott Bader Company Ltd (UK), Delo Industrial Adhesives (Germany), Dymax Corporation (US), Pidilite Industries Ltd. (India), Kanto Chemical Group Inc. (Japan), Wego Group Company Ltd. (China), Lechler SpA (Italy), Franklin International (US), Sekisui Chemical Co. Ltd. (Japan) and Other Major Players.
The Low VOC Adhesive Market is segmented into Type, Chemistry, End-User Industry and region. By Type, the market is categorized into Water-based Adhesives, Holt-melt Adhesives, and Reactive. By Chemitry, the market is categorized into Polyvinyl Acetate (PVA), Polyacrylic Acetate (PAE), Vinyl Acetate/Ethylene (VAE), EVA, Epoxy and Others. By End-User Industry, the market is categorized into Paper and Packaging, Building and Construction, Transportation, Woodworking, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The Low VOC Adhesive Market refers to the global market for adhesives formulated with minimal or no volatile organic compounds (VOCs). Low volatile organic compound (VOC) adhesives are adhesives with minimal amounts of volatile organic compounds (VOCs). VOCs are substances that, at room temperature, can evaporate into the atmosphere, possibly hurting one's health as well as creating pollution and environmental damage. Conventional adhesives frequently have high volatile organic compounds (VOCs), which can release toxic fumes when applied and cured.
Low VOC Adhesive Market Size Was Valued at USD 44.3 Billion in 2023, and is Projected to Reach USD 69.32 Billion by 2032, Growing at a CAGR of 5.1% From 2024-2032.
➲Eligible for a free updated report next year
➲Completely customizable scope
➲30% discount on your next purchase
➲Dedicated account manager
➲Query resolution within 24 hours
➲Permission to print the report
Base Year:2023
Historical Data:2016- 2022
No of Pages:230
Customer
Satisfaction
Availability - we are always
there when you need us
Fortune 50 Companies trust
Pristine Intelligence LLP
of our reports are exclusive
and first in the industry
more data
and analysis
reports published
till date