Press release
Low VOC Adhesive Market 2018 by Top Competitors Analysis Dowdupont Inc., Huntsman, Illinois Tool Works, Ashland Global Holdings, Mapei, Akzonobel, Ppg Industries, Lord Corporation, Wacker Chemie, Scigrip Adhesives, Pidilite Industries, Ardex, Permabond
Low VOC Adhesive Market
Global Low VOC Adhesive Market is expected to reach USD 67 billion by 2025, from USD 40 billion in 2017 growing at a CAGR of 6.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Drivers:
• Huge Investment in emerging economies of Asia-Pacific
• Growing demand for lightweight and low carbon-emitting vehicles
• Shift in preference to hot-melt adhesives
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Volatile organic compounds (VOCs) are natural organic chemicals, which have high vapor pressure at room temperature. Their high vapor pressure is due to low boiling point, which makes expansive quantities of atoms and molecules to vanish or sublimate from the fluid or strong type of the compound and enter the encompassing air. Low VOC adhesive are used in camie 573 mist sprays for delivering a fat tacking and create a high strength bond. VOC adhesive are also used for bonding paper, cardboard, fabrics and plastics. Another main application of low VOC adhesive is used to construct and finish interiors of buildings. VOC Spray Adhesive was created for use with Armaflex sheet and rolls insulation and can be utilized to bond duct liner, vessels, tanks, mechanical hardware, and outside channel wrap applications. Spray adhesive is used as a piece of transportation, improvement, and furniture ventures. In the transportation business, they are used as a piece of insides and upholstery applications in vehicles, aircrafts, and ships. In development spray adhesive are altogether used as a part of ground surface and material applications. Spray adhesive is in like manner used as a piece of packaging, material, and articulations and fine arts. According to Statista, the revenue generated from adhesives and sealants from different U.S companies is 3M USD 30.1 billion, Dow Chemical USD 48 billion, Avery Dennison USD 6.09, RPM International Inc. USD 4.81 and MAPEI USD 2.69
Key Market Competitors: Global Low VOC Adhesive Market
The key players operating in the global low VOC adhesive market are –
• 3M
• B. Fuller
• Sika
• Bostik
The other players in the market are Dowdupont Inc., Huntsman, Illinois Tool Works, Ashland Global Holdings, Mapei, Akzonobel, Ppg Industries, Lord Corporation, Wacker Chemie, Scigrip Adhesives, Pidilite Industries, Ardex, Permabond, Franklin International, Jowat, Delo Industrial Adhesives, Dymax, The Reynolds Company, Uniseal, and Roberts Consolidated Industries among others.
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Segmentation: Global Low VOC Adhesive Market
By Technology
• Water-Based Adhesives
• Hot-Melt Adhesives
• Reactive & Other Adhesives
By Chemistry
• PVA Emulsion
• PAE Emulsion
• VAE Emulsion
• Polyurethane
• Epoxy
• Others
By End-User Industry
• Paper & Packaging
• Building & Construction
• Woodworking
• Transportation
• Consumer
• Others
Competitive Landscape: Global Low VOC Adhesive Market
The global low VOC adhesive market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of low VOC adhesive market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
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