Low VOC Adhesive Market Report: Trends, Forecast and Competitive Analysis to 2030
Low VOC Adhesive Trends and Forecast
The future of the global low VOC adhesive market looks promising with opportunities in the transportation, paper and packaging, building and construction, wood & furniture, HVAC industry, and electrical and electronics markets. The global low VOC adhesive market is expected to reach an estimated $71.4 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing demand for water-based adhesives, rising preference for lightweight and low carbon-emitting vehicles, and growing demand for eco-friendly and sustainable products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Low Voc Adhesive by Segment
The study includes a forecast for the global low VOC adhesive by adhesion technology, form, substrate, end use, and region.
Low Voc Adhesive Market by Adhesion Technology [Shipment Analysis by Value from 2018 to 2030]:
- Water-Based
- Hot Melt
- Reactive
- Others
Low Voc Adhesive Market by Form [Shipment Analysis by Value from 2018 to 2030]:
- Paste
- Liquid
- Pellets
- Tape
- Others
Low Voc Adhesive Market by Substrate [Shipment Analysis by Value from 2018 to 2030]:
- Metal
- Concrete
- Stone
- Wood
- PVC
- PU Foam
- Others
Low Voc Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Transportation
- Paper and Packaging
- Building and Construction
- Wood & Furniture
- HVAC Industry
- Electrical and Electronics
- Others
Low Voc Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Low Voc Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies low VOC adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the low VOC adhesive companies profiled in this report include-
- Akzo Nobel
- LORD
- Wacker Chemie
- SCIGRIP
- Pidilite Industries
- Franklin International
- Permabond
Low Voc Adhesive Market Insights
Lucintel forecasts that water-based will remain the largest segment over the forecast period.
Within this market, transportation will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Low Voc Adhesive Market
Market Size Estimates: Low voc adhesive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Low voc adhesive market size by various segments, such as by adhesion technology, form, substrate, end use, and region in terms of value ($B).
Regional Analysis: Low voc adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different adhesion technologies, forms, substrates, end uses, and regions for the low VOC adhesive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the low VOC adhesive market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the low VOC adhesive market size?
Answer: The global low VOC adhesive market is expected to reach an estimated $71.4 billion by 2030.
Q2. What is the growth forecast for low VOC adhesive market?
Answer: The global low VOC adhesive market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the low VOC adhesive market?
Answer: The major drivers for this market are increasing demand for water-based adhesives, rising preference for lightweight and low carbon-emitting vehicles, and growing demand for eco-friendly and sustainable products.
Q4. What are the major segments for low VOC adhesive market?
Answer: The future of the low VOC adhesive market looks promising with opportunities in the transportation, paper and packaging, building and construction, wood & furniture, HVAC industry, and electrical and electronics markets.
Q5. Who are the key low VOC adhesive market companies?
Answer: Some of the key low VOC adhesive companies are as follows:
- Akzo Nobel
- LORD
- Wacker Chemie
- SCIGRIP
- Pidilite Industries
- Franklin International
- Permabond
Q6. Which low VOC adhesive market segment will be the largest in future?
Answer: Lucintel forecasts that water-based will remain the largest segment over the forecast period.
Q7. In low VOC adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the low VOC adhesive market by adhesion technology (water-based, hot melt, reactive, and others), form (paste, liquid, pellets, tape, and others), substrate (metal, concrete, stone, wood, PVC, PU foam, and others), end use (transportation, paper and packaging, building and construction, wood & furniture, HVAC industry, electrical and electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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