Water Based Adhesive Market Share Analysis
Green buildings are designed to reduce the overall impact of the living and working environment on human health and nature. It can be achieved through efficiently using water, energy, and other resources and by reducing waste, pollution, and environmental degradation. The quality of air is a vital factor in green buildings. To maintain the air quality, it is essential to reduce VOC and other air impurities such as microbial contaminants. Construction materials and interior finishing products such as paints, coatings, and adhesives used during the design and construction of a building are selected accordingly to reduce the emission of toxic compounds and gases, such as VOC and formaldehyde. By avoiding the use of products that emit toxic compounds and considering environmentally friendly products, such as VAE emulsion, the quality of the interior environment in a building can be enhanced. VAE-based products are used as high-quality binders in construction chemicals, plasters, adhesives, engineered fabrics, and largely in paints and coatings applications. VAE emulsion-based products can be used during the construction of green buildings in insulation materials for flooring and roofing, owing to their excellent resistance to water, heat, and creeps. As low to zero VOC emissions are achieved with the use of these products, the demand for VAE emulsion in the sustainable constructions is expected to increase during the forecast period. Furthermore, the stringent environmental regulations by the governments across the globe and rising demand for green buildings are expected to propel the growth of the global VAE emulsion market in the coming years.
The rising concern regarding global warming, surging energy consumption, and stringent emission regulations across the globe are estimated to be the prime factors fueling the demand for green buildings. The rapidly growing construction sector in Asia-Pacific and increasing adoption of green buildings in the emerging economies, such as China, India, Singapore, South Korea, and Australia, are further expected to offer lucrative opportunities to the manufacturers of VAE emulsion during the assessment period.