Waterborne Adhesives Industry Analysis by Sales, Revenue, Production Waterborne Adhesives Market Growth Analysis and Ou
Waterborne Adhesives Market - Size, Share, Emerging
Trends, Outlook, and Opportunity Analysis, 2018 -
2026
Waterborne Adhesives Market, by Product Type (Starch/Dextrin, Protein/Casein, Vinyl
Acetate, Rubber Latex, Polyacrylate Emulsions, and Others), and by Application
(Packaging, Furniture, Footwear, Construction, Automotive, and Others) - Global
Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Waterborne or water-based adhesives utilize water as a solvent and are classified as low volatile
organic compounds (VOC) compounds. The properties of waterborne adhesive product is dependent
upon its chemical composition. Resins, fillers, and antifoams are common constituents of waterborne
adhesive products. The advantages associated with waterborne adhesives include low toxicity, high
solid content, low VOC content, and high initial adhesion. These properties have led to increased
adoption of waterborne adhesives in the recent past. These can be used on various substances such
as wood, metal, plaster, concrete, plastic, and bricks, which has led to its utilization in applications
such as packaging, automotive, and construction.
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Market Dynamics:
Major drivers for growth of the market are increasing use of waterborne adhesives in
packaging and automotive applications, which is primarily due to strict environmental
regulation pertaining to VOC content in adhesive products. Government bodies such as U.S.
Environmental Protection Agency (EPA), International Maritime Organization, European Union
and Health Canada are among those enforcing regulations against high VOC content
products.
Major challenges for the growth of the market include fluctuating raw material prices and
availability of these materials. Also, complex formulation and high cost compared to solvent
borne adhesives may result in slow market growth in countries where VOC related regulations
are lax or absent.