Low VOC Adhesives Market To Touch Value of USD 81.1 Billion by 2030

The total size of the low VOC adhesives market was USD 47.6 billion in 2021 and it will advance at a compound annual growth rate of 6.1% in the years to reach USD 81.1 billion by 2030, as per a report by a market research firm, P&S Intelligence.

The paper and packaging industry is the main user of low VOC adhesives, holding over 30% shares, subsequently the building & construction and automotive & transportation sectors. This is because of the increasing requirement and use of ecological and sustainable packaging products for example corrugated boxes and cases & cartons. Moreover, the FDA supports low VOC adhesives for the packaging of food.

To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/low-voc-adhesives-market/report-sample

The water-based adhesive technology is the market dominator, owing to its advantages over solvent-based adhesives for example easy applicability, user-friendliness, low activation temperatures, lowest health risks, and no toxic fumes.

Polyvinyl acetate is put to use as a key synthetic resin in low VOC adhesive formulation. Its properties, leading to high performance and versatility accompanied by being environmentally-friendly, have made it the important chemistry to use in the formulation. Polyvinyl acetate is majorly used in the packaging and paper industry as a low-odor, low-toxic adhesive for bonding cotton, corrugated carton, wood, and paper.

Inquire before purchase@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=low-voc-adhesives-market

APAC low VOC adhesives market will grow at the highest rate in the years to come. This is due to the fact that countries, for example China, India, and South Korea, accompanied by other South-eastern countries of the region are enticing manufacturers for setting up production units of low VOC adhesives.

As per the study conducted by Facebook and Bain, the normal online spending in South-eastern nations increased from USD 238 per person in 2020 to USD 381 per person in the subsequent year. Furthermore, in the automotive and aerospace industries, low VOC adhesives are mainly used in the APAC.

It has a lot to do with the fact that the increasing construction of green and sustainable construction of buildings, that the demand for low VOC adhesives will grow like anything in the near future.

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.

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.