Low VOC Adhesives Market

Low VOC Adhesives Market Outlook (2023 to 2033)

The global low VOC adhesives market is valued at US$ 52 billion in 2023 and is forecasted to reach a market size of US$ 85 billion by 2033. Worldwide sales of low VOC adhesives are estimated to increase at a CAGR of 5% from 2023 to 2033, as per this Fact.MR market study.

Key applications of low VOC adhesives such as food & beverage packaging and flexible packaging are anticipated to boost market growth substantially over the coming years. Also, packaging paper, bags, bookbinding, leather binding, and wood assembly are some other applications projected to increase the global demand for low VOC adhesives.

Volatile organic compounds (VOCs) are substances with high-vapor pressure and low-water solubility at room temperature. To make adhesives and sealants usable, VOC is a crucial ingredient in the manufacturing process.

Low VOC adhesives are produced using a less volume of VOCs and have a lower environmental impact. Due to their reduced detrimental effects on air quality and acceptance by those with environmental sensitivity, low VOC adhesives are favored when using green products at home.

Low VOC adhesives are becoming more popular due to the rising concern about environmental issues and the rising demand for environmentally friendly solutions across a range of industries. In comparison to conventional adhesives, low VOC adhesives not only produce fewer pollutants but also perform better and last longer. These adhesives are widely used in many sectors since they emit fewer dangerous chemicals into the air than conventional adhesives. In addition to helping the environment, low VOC adhesives perform better and last longer than conventional adhesives.

Low VOC adhesives possess characteristics such as strength and adhesion, which are expected to boost demand for high-performance adhesives. High investments in developing economies, rising demand for lightweight, low-emission automobiles, and a shift in consumer preference towards hot-melt adhesives are some of the key factors driving the global market for low VOC adhesives. Growing demand from the paper & packaging industry and new developments in low VOC adhesives are fueling the sales of low VOC adhesives.

Formaldehyde, toluene, mineral spirits, and xylene are examples of VOCs that are often used. Low VOC adhesives are compliant with all laws and have the least detrimental effects on indoor air quality. Manufacturers of adhesives must work hard to stay up with the evolving laws on the quantity of permitted VOC. As a result, there is a considerable need for low VOC adhesives.

The market for low VOC adhesives is significantly influenced by the expansion of the construction and woodworking sectors. The potential benefits of these adhesives, such as high-temperature resistance, high water resistance, ease of usage, and stability, support their expanding use in various industries.

Report Attributes	Details
Low VOC Adhesives Market Size (2023)	US$ 52 Billion
Projected Market Value (2033)	US$ 85 Billion
Global Market Growth Rate (2023 to 2033)	5% CAGR
Market Share of Water-based Adhesives	50%
Key Companies Profiled	Bostik AB Dow, Inc. Dymax Corporation Huntsman Corporation Jowat SE Lord Corporation Mapei S.p.A. Permabond LLC Pidilite Industries Ltd. PPG Industries, Inc. Roberts Consolidated Industries, Inc. SCIGRIP - Smarter Adhesive Solutions Sika AG The Reynolds Company Uniseal, Inc. Wacker Chemie AG

Which are the Market Key Trends Benefitting Low VOC Adhesive Providers?

“High Investments in Transportation Industry Creating Opportunities for Low VOC Adhesive Suppliers”

The transportation industry is one of the lucrative end users of low VOC adhesives. Rising demand for lightweight electric vehicles is expected to drive market growth. Furthermore, low VOC adhesives are used extensively in applications related to aircraft and aerospace, along with automotive.

Demand for reducing weight by deploying thinner gauge metals and plastics is creating opportunities for players in the low VOC adhesives market. Moreover, government regulations regarding indoor air quality in passenger vehicles and stricter automotive OEM standards are expected to fuel market growth over the coming years.

“Growing Adoption of Green and Sustainable Adhesive Solutions”

Low VOC adhesives can fulfill the needs for water resistance, strong bond strength, and quick curing under rising humidity in new projects, which are special criteria for these two industries. Due to the rising demand for environmentally friendly or green products, green adhesives or those with low VOC levels are becoming more popular.

The global construction sector has become more aware of environmentally friendly or 'green' buildings, which is encouraging the development of sustainable adhesive solutions. These adhesive options are created with components that are renewable, recyclable, repurposed, or biodegradable.

“Increasing Preference for Low VOC Adhesives Due to Their Health & Environmental Benefits”

A person could have a headache or eye, nose, or throat discomfort, or even breathing problems if there is a high concentration of VOCs in the air. These volatile molecules may be more irritating to people who already have respiratory issues, such as asthma.

The consequences of prolonged exposure to VOCs may be more severe. Numerous environmental and global warming issues are caused by VOCs. When utilized actively or when they are kept, VOCs nearly always evaporate

This evaporation helps to create smog or ground-level ozone, which is very harmful and aggressive to living organisms. Ground-level ozone not only poses a threat to human health, but it also negatively affects ecosystems, biodiversity, and plant life.

Additionally, VOCs are a contributing factor in acid rain, which harms lakes, rivers, forests, soil, populations of fish and wildlife, as well as structures. Therefore, moving to low VOC goods is advantageous for both the environment and human health. This is the primary factor fueling the market expansion for low VOC adhesives.

What is Hampering Global Sales of Low VOC Adhesives?

“Stringent Government Restrictions and Volatility of Raw Material Prices”

There is a growing need for ecologically friendly compounds to be used in packaging adhesives due to stringent government restrictions, which are driving up manufacturing costs and likely to slow market growth and influence pricing trends. Changing prices of raw materials are anticipated to hamper the global low VOC adhesives market over the coming years.

Why is North America Dominating the Global Market?

“Surging Adoption of Hot-melt Adhesives in North America”

North America accounts for 50% share of the global market. Market growth can be attributed to the modernization of the paper & packaging and transportation industries. Rapid urbanization, an increase in the local supply of hot-melt adhesives, and rising consumer spending are driving market growth in the region.

Country-wise Insights

Why are Low VOC Adhesive Sales Surging in the United States?

“Rising Interest in Lightweight & Low-emission Vehicles”

Favorable government laws, rising per capita spending, and rapid expansion of the packaging industry are the factors driving market value in the United States. Rising interest in lightweight & low-emission vehicles is expected to boost market expansion in the country over the coming years.

What are the Growth Prospects for Low VOC Adhesive Suppliers in Germany?

“Huge Demand for Green Adhesives in Germany”

The increasing need for low-VOC specialty adhesives, the development of construction projects, and the rising demand for composite joints are fueling market expansion. Environmental laws and a rise in the demand for green adhesives would open up significant business prospects for low-VOC adhesive producers in Germany.

What is Boosting Demand for Low VOC Adhesives in Japan?

“Growing Consumer Preference for Custom Packaging Solutions”

The development of e-Commerce platforms, growing consumer preference for custom packaging, and the huge demand for consumer packaged products in the food sector are supporting market growth in Japan. Increasing production facilities for low-VOC adhesives, the availability of low-cost labor, and a large consumer base are boosting market expansion in Japan.

Category-wise Insights

Why are Water-based Adhesives Gaining Traction in This Industry?

“Water-based Adhesives More Preferred Due to Their Flexibility and Better Efficiency”

Based on technology, the market is divided into water-based, hot-melt, and reactive. Water-based adhesives account for 50% share of the global market due to their flexibility, great shear strength, minimal health hazards, low activation temperatures, and better efficiency as compared to other adhesives.

Moreover, water-based adhesives are made from natural or synthetic polymers that are soluble and absorbed by the substrate. Also, these adhesives are easy to handle, which makes them the most favored among other types.

Which Composition Will Bring in High Revenue Streams?

“Polyvinyl Acetate Key Synthetic Resin Offering Good Performance”

The market is segmented into epoxy, polyurethane, polyvinyl acetate (PVA), ethylene vinyl acetate (EVA), polyacrylic ester (PAE), vinyl acetate ethylene (VAE), and others based on composition. Polyvinyl acetate (PVA) is widely used in adhesives as a synthetic resin.

Apart from being eco-friendly, PVA also has superior properties such as waterborne nature and low content of VOCs. PVA is the best option for bookbinding due to its non-acidic properties.

Which End Use is Set to Emerge as a Key Market Contributor?

“Low VOC Adhesives Widely Used in Paper & Packaging Industry Owing to Their Excellent Adhesion to Many Substrates”

By the end use, the market is classified into building & construction, automotive & transportation, consumer goods, woodworking, paper & packaging, and others. The use of low-VOC adhesives in the paper & packaging industry is expected to increase over the coming years. This is because low VOC adhesives offer excellent adhesion to many substrates such as cases & cartons and corrugated boxes.

Moreover, the FDA has also granted clearance to low VOC adhesives for packaging, which is a key factor positively impacting the growth of the global low VOC adhesives market.

Competitive Landscape

Key market players are focusing on many strategies such as enhancing product standards, collaborations, and supply chain management to gain an edge over the competition. Leading companies are engaged in maintaining quality control of new products and heavily investing in research & development activities to come up with low-VOC specialty adhesives following safety regulations. Major manufacturers should concentrate on making low VOC adhesives easy to use, such as through the use of glue guns or cartridges.

For instance :

• In September 2021, Henkel and Weir Minerals introduced a zero VOC adhesive line for rubber lining using the exclusive formula for the LINATEX LOCTITE - LINA 88 adhesive line.
• VISIOMER GLYFOMA by Evonik offers low-odor, styrene-free vinyl ester-based resins. This reactive diluent can completely or partially substitute styrene and MMA in the product compositions.

Key Segments of Low VOC Adhesives Industry Research

• By Technology :

  • Water-based
  • Hot-melt
  • Reactive

• By Composition :

  • Epoxy
  • Polyurethane
  • Polyvinyl Acetate (PVA)
  • Ethylene Vinyl Acetate (EVA)
  • Polyacrylic Ester (PAE)
  • Vinyl Acetate Ethylene (VAE)
  • Others

• By End Use :

  • Building & Construction
  • Automotive & Transportation
  • Consumer Goods
  • Woodworking
  • Paper & Packaging
  • Others

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa