Tuesday, 02 January 2024 12:17 GMT

Low VOC Adhesive Market Updates and Key-Players Strategies With Forthcoming Market, Business Prospects and Industrial Updates and Forecast To 2022 (Trending Report With Impact of Covid19)


(MENAFN- Comserve)

Shibuya-ku, Tokyo, Japan, Japan, Jan 31, 2022, 02:22 /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%. The low VOC adhesive market is driven by the increasing use of adhesives

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 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 Updates and Key-Players Strategies With Forthcoming Market, Business Prospects and Industrial Updates and Forecast To 2022 (Trending Report With Impact of Covid19)

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%

Fill This Form and get the Sample Copy of This Report: 
The Final Report will cover the impact analysis of COVID-19 on this industry: Low VOC Adhesive Market Updates and Key-Players Strategies With Forthcoming Market, Business Prospects and Industrial Updates and Forecast To 2022 (Trending Report With Impact of Covid19)

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.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 UNIT CONSIDERED 17
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 TOP-DOWN APPROACH 22
2.2.2 BOTTOM-UP APPROACH 23
2.3 DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25

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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