Market Definition
Low VOC adhesives are adhesives that have a lower level of volatile organic compounds (VOCs) than traditional adhesives. VOCs are chemicals that can be released into the air, and they can have negative health effects. Low VOC adhesives are made with less VOCs, and they can help to improve indoor air quality.
Market Outlook
There are a few key trends in Low VOC Adhesives technology that are worth mentioning.
Firstly, there has been a shift towards water-based adhesives in recent years. This is due to the fact that water-based adhesives emit far fewer VOCs than their solvent-based counterparts.
Secondly, there has been an increase in the use of renewable resources in the production of low VOC adhesives. This is largely due to the fact that renewable resources are more environmentally friendly and have a lower carbon footprint than traditional petroleum-based resources.
The key drivers of the low VOC adhesives market are the stringent environmental regulations regarding the Volatile Organic Compound (VOC) emissions, the growing awareness among the consumers about the health and environmental hazards of VOCs, and the technological advancement in the formulation of low VOC adhesives.
The VOC emissions from the adhesives and sealants industry are regulated by various environmental agencies such as the US Environmental Protection Agency (EPA), the European Union (EU), and the Japanese Ministry of the Environment.
The rising awareness about the health and environmental hazards of VOCs has led to the preference for low VOC adhesives. The health hazards associated with VOCs include respiratory problems, skin irritation, and cancer.
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Research Objectives
• Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
• Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
• Identify factors influencing market growth and challenges, opportunities, drivers and restraints
• Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
• Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
• Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
• To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
• Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The low VOC adhesives market is segmented by chemistry, end-use, and region. By chemistry, the market is classified into polyurethane, epoxy, and others. Based on end-use, it is bifurcated into woodworking, transportation, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
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Major Players
The global low VOC adhesives market includes players such as Henkel & Co. KGaA, Bostik S.A., 3M Company, The DOW Chemical Company, Sika AG, H.B. Fuller, PPG Industries, Jowat AG, Illinois Tool Works Corporation, Solvay S.A., and others.
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Research Scope
• Scope – Highlights, Trends, Insights. Attractiveness, Forecast
• Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
• Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
• Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
• Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
• Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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