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Low VOC Adhesives Industry Share, Growth Drivers, Development and Demand Forecast Report 2030

12-15-2022 07:43 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Low VOC Adhesives Industry Share, Growth Drivers, Development

VOCs include a group of chemicals found in adhesives. These chemicals pose a health threat and also cause air pollution such as smog.

The low VOC adhesives industry has garnered $47.6 billion in 2021, and it is projected to generate $81.1 billion, advancing at a rate of 6.1% in the coming years.

Over the last few decades, the consumption of adhesives has increased in the construction sector. They are widely utilized in furniture assembly, upholstery, carpeting, flooring, crating, and packaging. The construction of several homes involves around a half-ton of glue.

Download sample copy of this report: https://www.psmarketresearch.com/market-analysis/low-voc-adhesives-market/report-sample

Due to growing awareness of the potential drawbacks of VOC-containing adhesives, the demand for safer and eco-friendlier alternatives is growing. Therefore, environmentally friendly low-VOC adhesives are introduced in the industry.

The Camie 573 and Camie 500 mist sprays are such examples, as they have less than 30% VOC content. There are several other low VOC adhesives offered in the market, which are highly safe as they can be applied on several surfaces only.

The key players operating in the industry are 3M, H.B. Fuller Company, Pidilite Industries Ltd., Wacker Chemie AG, PPG Industries Inc., Bostik, Sika Services AG, Huntsman Corporation, and Ashland Global Holdings Inc.

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The market outlook is positive, as there are only a few low VOC adhesives industry players that offer such an eco-friendly adhesive solution that does not compromise performance. Due to such technologies and methods, more amazing products can be introduced in the market.

Therefore, the stringent government regulations to control carbon emissions, and rising consumption of low VOC adhesives in the construction sector are projected to propel the industry growth.

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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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