Low VOC Adhesives Market Size, Share & Trends 2030

Low VOC Adhesives Market

It is estimated that the size of the global market for low-VOC adhesives was approximately USD 48.76 billion in 2022 and will reach approximately USD 72.13 billion by 2030, growing at a compound yearly growth rate (CAGR) of roughly 5.01% between 2023 and 2030.

The term “low VOC” describes a volatile organic compound that is thought to be safe for both the environment and people. These low volatile organic compound adhesives are used to join metals, wood, laminate boards, and particles. These are also employed in the binding of substrates, soft foams, lightweight materials, and nonporous surfaces. Because these adhesives provide strong bindings, they can be used to bind paper and cardboard in a variety of additional applications, such as case sealing, palletizing, packaging, and labeling. The industrial uses for low-VOC adhesives include textile, furniture and upholstery, and assembly.

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Global Low VOC Adhesives Market: Growth Factors

Eco-friendly adhesives with low volatile organic compounds (VOCs) are thought to have exponential bonding capabilities. Because of these benefits, they are ideal for a variety of uses, which will greatly contribute to the expansion of the low VOC adhesives market globally. Water-based adhesives are in high demand because of their affordability, flexibility, simplicity of application, and durability. In the upcoming years, the rapidly expanding building and construction industry is also expected to drive demand for these adhesives. The main factors driving the increased demand for these adhesives in the woodworking and construction industries are their potential benefits, which include resistance, stability, and high temperature. Moreover, these adhesives possess the potential to satisfy the rising demand for robust materials in damp environments during new building. The market will expand even more as green adhesives become more popular as a result of expanding government requirements. On the other hand, there will probably be a number of profitable growth prospects in the worldwide market due to the increasing trend towards a sustainable product portfolio. Hot melt adhesives are becoming more and more popular among consumers, though, and this will help the industry expand.

Global Low VOC Adhesives Market: Segmentation

The end-user, chemical, technology, and type segments of the worldwide low-VOC adhesives market can be distinguished. The market can be divided into consumer, transportation, building & construction, woodworking, paper & packaging, and other end-user segments. The global low VOC adhesives market is dominated by the paper and packaging segment. This is because these additives are increasingly being used in a variety of applications, such as carton and flexible packaging, as well as corrugated packaging cases. Paperboard-based case and carton boxes are used to package products. They are used for the storing of goods related to poultry and agriculture, medicines, confections, biscuits, and other industrial uses.

The market can be divided into epoxy, polyurethane, EVA, VAE, PAE, PVA, and other segments based on chemistry. Due to its outstanding characteristics, water-based nature, great adhesion, and low VOC content, PAE emulsions are considered environmentally benign and now have a dominant market share in the global low VOC adhesives industry. The market can be divided into segments based on technology, such as water-based, reactive, hot melt, and others. The hot-melt segment of the low-VOC adhesives market is the largest in the world because it keeps the high-speed packing line operating at peak efficiency.

Global Low VOC Adhesives Market: Regional analysis

Because of the fast growth of the packaging industry in the region, Asia Pacific holds the highest share of the global market for low VOC adhesives. In addition, the expansion of e-commerce platforms in the area will increase the need for these adhesives in packing operations. Furthermore, in the next years, the increasing disposable income of the populace is probably going to play a big part in the growth of the regional industry. Because of the increasing demand for frozen fruits, snack foods, and ready-to-eat meals, as well as the growing requirement for customized packaging, emerging economies such as China are expected to experience exponential growth rates.

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