Emulsion Adhesives Market Size – USD 15.63 Billion in 2020, Market Growth – CAGR of 5.2%, Market Trends-Emergence of lightweight vehicles
The emulsion adhesives market is expected to reach USD 23.57 Billion by 2028, at a CAGR of 5.2% according to a new report by Reports and Data. Emulsion adhesives utilize water, which makes them eco-friendly. It is permissible to use them at high densities, which drives to enhance drying performance. With the use of these adhesives, the thin-film coating is feasible, which is compatible with a wide range of additives, this leads to various design opportunities. Emulsion adhesives are mostly employed for porous materials. They have broad applications, including woodworking, packaging, furniture, paper working, and labeling, among others. However, these adhesives have low adhesion to the substrate, weak resistance to humidity and water, and poor transparency. Nevertheless, the market for emulsion adhesives is expanding rapidly due to its low cost and reliable operation.
The Key players in the Emulsion Adhesives Market include Wacker Chemie, Arkema (Bostik), Ashland Inc., DOW, Henkel, H.B. Fuller, Franklin International, Lord Corporation, Mapei S.P.A., 3M Company, Pidilite Industries Ltd.
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APAC is anticipated to witness the highest CAGR of 5.8% during the forecast period. Countries like India and China have developed as global manufacturing centers for construction, packaging, automobile, and several other sectors. The majority of manufacturing activities in the APAC countries will boost the demand for adhesive films for packaging. This is anticipated to accelerate the growth of the global market size over the estimated period. The massive population growth and the approving regulations set by various regional governments in APAC are anticipated to have a positive influence on the manufacturing industry.
For the purpose of this study, Reports and Data have segmented the market on the basis of Product, Application, Resin, and region:
Product Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
- Permanent
- Removable
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
- Paper & Packaging
- Automotive & Transportation
- Woodworking
- Tapes & Labels
- Others
Resin Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
- Acrylic Polymer Emulsion
- Polyvinyl Acetate (PVA) Emulsion
- Vinyl Acetate Ethylene (VAE) Emulsion
- SBC Latex
- Others
Regional Outlook (Volume, Square Meters; and Revenue, USD Billion ; 2018-2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Further key findings from the report suggest
- The emulsion adhesives market is estimated to reach USD 23.57 Billion by 2028, at a CAGR of 5.2% during the forecast period.
- The application of these additives in paper and packaging accounts for the largest share of 29.3% of the market in 2018.
- The acrylic polymer emulsion resin segment is anticipated to witness the highest CAGR of 6.0% during the forecast period.
- The removable product is expected to witness a higher CAGR of 5.7% during the forecast period.
- Removable adhesives create a temporary bond that can be separated after months or years, without transmitting deposits. Removable adhesives are used in numerous applications such as retail gift labeling, surface protection, price marking labels, and window stickers.
- An adhesive is required to maintain high initial adhesion to be removable; however, the peel intensity should be low and not increase over time so that the adhesive can be efficiently removed.
- Various players are developing strategies to mark their presence in the industry.
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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 – 2028
Chapter 3. Indicative Metrics
Chapter 4. Emulsion Adhesives Market Segmentation & Impact Analysis
4.1. Emulsion Adhesives Market Resin Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rise in demand for product from consumer
4.2.2.2. Growing demand for eco-friendly product
4.2.3. Market restraints analysis
4.2.3.1. Stringent environmental regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Continued…
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