Low VOC Adhesive Market Top Global Countries, Future Demands, Segmentation, Sales Revenue by Regional Forecast 2022-2031

Shibuya-ku, Tokyo, Japan, Japan, Apr 08, 2022, 01:35 /Comserve / -- The market size of low VOC adhesive is estimated to be 41.58 billion in 2017 and is projected to reach USD 55.29 billion by 2022, at a CAGR of 5.9%.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The market size of low VOC adhesive is estimated to be 41.58 billion in 2017 and is projected to reach USD 55.29 billion by 2022, at a CAGR of 5.9%. The low VOC adhesive market is driven by the increasing use of adhesives in several end-use industries such as paper & packaging, building & construction, woodworking, transportation, and consumer. The stringent government regulations pertaining to the VOC content in adhesive drives the low VOC adhesive market.

“The polyurethane chemistry segment of the low VOC adhesive market is projected to register the highest CAGR during the forecast period.”

The outstanding features of polyurethane are flexibility, strength, and excellent adhesion that ensure good bonding to flexible plastics that are difficult to bond. These properties drive the demand for polyurethane adhesives in transportation, wood working, and building & construction end-use industries.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Low VOC Adhesive Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast  Up to 2031 (Trending Report).

“The low VOC adhesive market in Asia-Pacific is projected to register the highest CAGR during the forecast period.”

The low VOC adhesive market in Asia-Pacific is projected to register the highest CAGR during the forecast period. Emerging economies, such as China, India, South Korea, and various other Southeast Asian countries are attracting several global players to establish their manufacturing base in Asia-Pacific. These manufacturers are competing to reach an extensive customer base in countries, such as China and India to cater to the increasing demand for adhesives from various end-use industries in these countries. Increased investments in infrastructural development in the region are expected to fuel the low VOC adhesive market in the construction end-use industry in the Asia-Pacific region.

Extensive primary interviews have been conducted to determine and verify the market sizes of various segments and subsegments obtained from the data gathered through secondary research. The breakdown of primary interviews has been given below.

• By Company Type - Tier 1 – 56%, Tier 2 – 33%, and Tier 3 – 11%
• By Designation - C level – 45%, D level – 33%, and Others – 22%
• By Region - North America – 22%, Europe – 20%, Asia-Pacific – 28%, South America– 17%, and the Middle East & Africa – 13%

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The Final Report will cover the impact analysis of COVID-19 on this industry: Low VOC Adhesive Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast  Up to 2031 (Trending Report).

Research Coverage:

This report covers the consumption of low VOC adhesive across different end-use industries and regions. It aims at estimating the market size and future growth potential of the low VOC adhesive market across different segments based on chemistry, end-use industry, technology, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the low VOC adhesive market, along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

This report aims at helping the market leaders/new entrants in the market by providing them the closest approximations of the revenues for the overall low VOC adhesive market and its subsegments. This report aims at helping stakeholders to obtain an improved understanding of the competitive landscape of the market players and gain insights to improve the position of their businesses by adopting suitable development strategies. This report also aims at helping the stakeholders to understand the pulse of the market and providing them information on key market drivers, restraints, challenges, and opportunities.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

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Lauren Brown

Shibuya Data Count
Email: sales@sdki.jp
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