The key players analyzed in the global adhesives market are 3M, H.B. Fuller, Henkel AG & Co. KGaA, The Dow, Sika, Arkema, Huntsman Corporation, Avery Dennison, Wacker Chemie AG, Royal Adhesives and Sealants, Franklin International, Inc., LORD Corporation, and Illinois Tool Works Inc..
Pune, India – June 26, 2019 /MarketersMedia/ —
Adhesive market has shown strong growth pattern in recent year’s majorly due to growing end user industries & demand for consumer goods with rising urbanization and improving life style of the population. In addition, rising demand for low VOC, green & sustainable adhesives; increasing demand for hot melts adhesives; and rising demand from emerging countries is further expected to boost the growth of this market during the forecast period.
Meticulous Research® in its latest publication on adhesive market states that the global adhesive market will increase at a CAGR of 4.5% from 2017 to 2022 to reach USD 53,503.0 million by 2022.
Advanced hot melt adhesives are very cost effective, versatile and offers resistance to water and moisture. Owing to these advantages, their adoption in various industrial manufacturing and packaging is increasing. Hot-melt adhesives provide strong bonding within a few seconds after application and hence its fast setting time makes them a preferred choice in a number of applications including consumer goods, packaging, personal hygiene products, construction, bookbinding, labeling, tapes, and automotive.
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In addition, hot melt adhesives have become user-friendly with number of technological advancements registered in the segment of its application machinery and process automation in the recent past. Some of the notable innovations in application machinery systems include introduction of automated adhesive replenishment system to reduce repetitive maintenance at a production site and automated hot melt application tools to reduce the coat weight of hot-melt adhesives applied to each item, in order to reduce total adhesive consumption. This trend of achieving cost effectiveness through reduced consumption of hot-melt adhesive per coat is increasing their demand in various industries including packaging, labeling and personal hygiene products.
The report provides meticulous analysis of global adhesive market by segmenting it on the basis of type (hot melt adhesives, pressure sensitive adhesives, water based adhesives, solvent based adhesives, UV adhesives, moisture cure adhesives, heat cure adhesives), application (packaging industry, construction industry, automotive industry, electronics & electrical industry, furniture & laminates industry, leather & footwear industry, consumer/do-it-yourself, medical industry and other) origin (natural & synthetic).
The key players analyzed in the global adhesive market are 3M (U.S.), H.B. Fuller (Minnesota, U.S.), Henkel AG & Co. KGaA (Germany), The Dow Chemical Company (U.S.), and Sika AG (Switzerland), Arkema (France), Huntsman Corporation (U.S.), Avery Dennison (U.S.) Wacker Chemie AG (Germany), Royal Adhesives and Sealants (U.S.), Franklin International, Inc. (U.S.), LORD Corporation (U.S.), and Illinois Tool Works Inc. (U.S.)
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Key Topics Covered in This Report :
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.2.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Growing Urbanization & Improving Lifestyle to Drive Growth Consumer Goods Industry
4.2.1.2. Rising Demand for Hot Melt Adhesives
4.2.1.3. Growing Automotive Industry with Rising Demand for Lightweight & Low Carbon Emitting Vehicles
4.2.2. Restraint
4.2.2.1. Volatile Price of Raw Materials
4.2.3. Opportunities
4.2.3.1. Growing Demand for Low VOC, Green & Sustainable Adhesives
4.2.3.2. Emerging Economies- Latin America, South East Asia, and Africa
4.3. Industry Structure
4.4. Key Trends in Adhesives Market
4.4.1. Rising Industry Concentration with Growth in Mergers & Acquisitions
4.4.2. Production Shifts from North America to Asia Pacific Region
4.4.3. Continuous Shift from Solvent-Based Adhesives to Water-Based Adhesives
4.5. Market Share Analysis: Adhesives Market
5. Adhesives Market, by Application
5.1. Introduction
5.2. Packaging Industry
5.3. Construction Industry
5.4. Automotive Industry
5.5. Electrical & Electronics Industry
5.6. Furniture & Laminates Industry
5.7. Leather & Footwear Industry
5.8. Consumers / Do-It-Yourself (DIY)
5.9. Medical Industry
5.10. Others Applications
6. Adhesives Market, by Type
6.1. Introduction
6.2. Non-Reactive Adhesives
6.2.1. Water Based Adhesives
6.2.2. Solvent Based Adhesives
6.2.3. Hot Melts Adhesives
6.2.4. Pressure Sensitive Adhesives
6.3. Reactive Adhesives
6.3.1. Multi Part Reactive Adhesives
6.3.2. One-Part Reactive Adhesives
6.3.2.1. Heat Curing Adhesives
6.3.2.2. Moisture Curing Adhesives
6.3.2.3. Light or UV Curing Adhesives
7. Adhesives Market, by Origin
7.1. Introduction
7.2. Natural Adhesives
7.3. Synthetic Adhesives
7.3.1. Acrylic
7.3.2. Polyvinyl Acetate (PVAC)
7.3.3. Vinyl Acetate-Ethylene (VAE)
7.3.4. Polyurethane
7.3.5. Ethylene-Vinyl Acetate (EVA)
7.3.6. Polyethylene
7.3.7. Others
8. Adhesives Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Russia
8.3.6. Turkey
8.3.7. RoE
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.4.4. RoAPAC
8.5. Latin America
8.6. Middle East & Africa
9. Competitive Landscape
9.1. Introduction
9.2. New Product Launches & Enhancements
9.3. Acquisitions & Mergers
9.4. Expansions
9.5. Agreements, Collaborations, and Partnerships
10. Company Profiles
10.1. 3M
10.2. Henkel
10.3. Huntsman Corporation
10.4. Avery Dennison Corporation
10.5. H.B. Fuller
10.6. Wacker Chemie AG
10.7. The Dow Chemical Company
10.8. Sika AG
10.9. Arkema
10.10. Royal Adhesives & Sealants LLC
10.11. Franklin International Inc.
10.12. Lord Corporation
10.13. Illinois Tool Works Inc. (ITW)
10.14. Jowat Corporation
10.15. DELO Industrial Adhesives
11. Appendix
11.1. Questionnaire
11.2. Available Customization
11.2.1. Country Level Analysis
11.2.2. Segmental Market Share Analysis
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