The waterborne adhesives are largely used in the paper and packaging industry. The hot-melt adhesive is used in hygiene, wood, and paper packaging industries. On the other hand, the solvent-based adhesive has a high VOC due to which it is not preferred by many industries. Other adhesives that occupy a significant market portion are Acrylic-based adhesives (35 percent of adhesives market share) and vinyl-based adhesives (30 percent of adhesives market share).