Water-Based Adhesive Market to Exhibit an Incredible Growth of USD 87.74 Billion by 2030, Size, Share, Trends, Key Drivers, Demand and Opportunities

PRESS RELEASE
Published July 21, 2023

Data Bridge Market Research analyses that the water-based adhesive market is expected to reach USD 87.74 billion by 2030, which is USD 37.26 billion in 2022, registering a CAGR of 11.30% during the forecast period of 2023 to 2030.

Water-Based Adhesive Market research report delivers key data about the product portfolios, product values, company profiles, shares, and contact data for the company. This promotional market document on the worldwide market also represents all the regions as well as countries across the globe, which showcase a regional manufacturing status, such as volume, market size, value and price details. It also represents a brief summary of sales, revenue share, demand/supply data, and market growth analysis during the predicted period. Water-Based Adhesive business report showcases an overall mapping of the industry vendors and the analysis of the competitive landscape.

Global Water-based Adhesive marketing report provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. The report endows with the complete knowledge and information of rapidly changing market landscape, what is already there in the market, future trends or market expectations, the competitive environment, and competitor strategies that aids in planning the own strategies with which business can outshine the competitors. The widespread Water-based Adhesive business report contains top to bottom analysis and estimation of various market related factors that plays key role in better decision making.

Access PDF Sample Report (Including Graphs, Charts & Figures) @    https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-water-based-adhesive-market

Market Definition

Water-based adhesives are those adhesives that are formulated either from soluble synthetic polymers or natural polymers. These adhesives may be formulated as dry powders or supplied as solutions. The water-based adhesives use a combination of water, additives and polymers, perfect for both non-porous and porous substrates.

Some of the major players operating in the water-based adhesive market are:

  • Henkel AG and Co. KgaA (Germany)
  • H.B. Fuller (U.S.)
  • Arkema (France)
  • 3M (U.S.)
  • Dow (U.S.)
  • Ashland (U.S.)
  • Coim Group (Italy
  • Vimasco Corporation (U.S.)
  • Flint Group (U.S.)
  • DIC Corporation (Japan)
  • L.D.Davis (U.S.)
  • Weilburger (Germany)
  • Dural Industries (Germany)
  • Bond Tech Industries (Canada)
  • SAPICI S.p.A (Italy)
  • Merck KGaA (Germany)
  • Bayer AG (Germany)
  • Dupont (U.S.)
  • Illinois Tool Works Inc. (U.S.)
  • MAPEI S.p.A. (Italy)
  • PPG Industries (U.S.)
  • Bostik (France)
  • Sika AG (Switzerland)
  • Pidilite Industries Ltd. (India)
  • Akzo Nobel N.V. (Netherlands)
  • Franklin International (U.S.)
WATER-BASED ADHESIVE MARKET DYNAMICS

Drivers

  • High usage of water-based adhesive in packaging adhesive tapes

The widespread use of water-based adhesive in applications including heavy-duty carton sealing, gift wrapping, and decoration, these adhesives are in high demand. These adhesives are used for the production of tapes and labels. Packaging for medicine delivery systems, shipping packaging for building materials, packaging for automotive and logistics, and packaging for consumer and industrial goods contribute to the market’s growth. Therefore, the packaging adhesive tapes market is one of the major factor for the growth of market.

  • Surging production and sales of chemical goods

The surging sells and production of chemical goods is expected to increase the demand for the water-based adhesive and drive the market growth rate during the forecast period. Huntsman Corporation was purchased by Indian adhesives manufacturer Pidilite Industries for $ 28.55 billion in November 2020. With this acquisition, Araldite will strengthen Pidilite Industries’ existing robust portfolio of adhesives and sealants and add to its line of retail products. American company Huntsman Corporation produces and sells chemical goods to both industrial and retail clients.

Opportunities

  • Increasing adoption of internet of Things (IoT) technology

In order to get real-time data and locate gaps in the manufacturing process, many adhesive firms are implementing Internet of Things (IoT) technology to connect machinery and smart devices. Plant managers and senior management process, analyse, and interpret the data to improve quality and reach ideal production levels. For instance, smart systems provide data on the operation and performance of chemical reactors with embedded analytics capabilities to alert plant managers and operators of potential machine failures. Examples of significant businesses implementing IoT include The Dow Chemical Company, BASF SE and H.B. Fuller. Therefore, increasing adoption of internet of Things (IoT) technology is expected to create numerous opportunities for the growth of the market during the forecast period.

Restraints/ Challenge

  • Slower drying nature of water-based adhesives

The main problems with water-based adhesives are their slower drying tendency at low temperatures. The drying process requires a lot of time and could cause a delay in the work process because water is so volatile. For instance, Henkel and other businesses produce Technomelt adhesives, which are hot melt adhesives utilized in the furniture and automobile industries because they dry quickly. As a result of this, the development of water-based adhesives is being constrained by their shorter drying period.

This water-based adhesive market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the water-based adhesive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Recent Development

  • In 2021, H.B. Fuller, a well-known American manufacturer of industrial adhesives, introduced two new compostable adhesive products that sell products under the Flexera Evolution brand worldwide. These products deliver many remarkable advantages regarding sustainability objectives and manufacturer benefits.
  • In 2021, according to the statement, Innovative Chemical Products, a specialized platform firm in the sealants, coatings, adhesives and elastomers (CASE) sector, will purchase Choice Adhesives, a pioneer in offering customized adhesive solutions for several sectors.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Access Full Report:  https://www.databridgemarketresearch.com/reports/global-water-based-adhesive-market

GLOBAL WATER-BASED ADHESIVE MARKET SCOPE

The water-based adhesive market is segmented on the basis of type of resin, product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type of Resin

  • Acrylic Polymer Emulsion (PAE)
  • Polyvinyl Acetate (PVA) Emulsion
  • Vinyl Acetate Ethylene (VAE) Emulsion
  • Styrene Butadiene (SB) Latex
  • Polyurethane Dispersion (PUD)

Product Type

  • Vinyl Acetate Adhesives
  • Starch/Dextrin Adhesives
  • Rubber Latex Adhesives
  • Protein/Casein Adhesives
  • Other Product Types

Application

  • Tapes and Labels
  • Paper and Packaging
  • Building and Construction
  • Automotive and Transportation
  • Other Applications
  • Consumer and DIY
  • Leather and Footwear
  • Sports and Leisure
  • Assembly
 WATER-BASED ADHESIVE MARKET REGIONAL ANALYSIS/INSIGHTS

The water-based adhesive market is analyzed and market size insights and trends are provided by country, type of resin, product type and application as referenced above.

The countries covered in the water-based adhesive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the water-based adhesive market in terms of revenue growth and market share because of the fastest-growing consumer markets of India, China and other Asia-Pacific countries. This large population is expected to become a progressively important driver for industries such as building and construction, paper and packaging, woodworking and automotive and transportation in this region.

North America is expected to be the fastest developing region during the forecast period of 2023-2030 owing to the increasing need for non-residential development and growing consumer spending on home furnishings in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The report answers questions such as:

  1. What is the market size and forecast of the Water-based Adhesive Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Water-based Adhesive Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Water-based Adhesive Market?
  4. What is the competitive strategic window for opportunities in the Water-based Adhesive Market?
  5. What are the technology trends and regulatory frameworks in the Water-based Adhesive Market?
  6. What is the market share of the leading vendors in the Water-based Adhesive Market?
  7. What modes and strategic moves are considered suitable for entering the Water-based Adhesive Market?

Buy this Premium Report@  https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-water-based-adhesive-market

Browse More DBMR Reports:

Healthcare Personal Protective Equipment Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-healthcare-personal-protective-equipment-market

Macroencapsulation Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-macroencapsulation-market

Functional Apparel Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-functional-apparel-market

Personal Protective Gloves Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-personal-protective-gloves-market

Carbon Black for Textile Fibers Market – Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/global-carbon-black-for-textile-fibers-market

Coated Glass Market – Industry Trends and Forecast to 2030  https://www.databridgemarketresearch.com/reports/global-coated-glass-market

Ceramics Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-ceramics-market

Buildtech Textiles Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-buildtech-textiles-market

GRP Pipes Market – Industry Trends and Forecast to 2030  https://www.databridgemarketresearch.com/reports/global-grp-pipes-market

Ultra Thin Glass Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-ultra-thin-glass-market

Porous Ceramic Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-porous-ceramic-market

Eco Fiber Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-eco-fiber-market

Glass Reinforced Plastics (GRP) Pipes Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-glass-reinforced-plastics-grp-pipes-market

Plastic Stabilizer Market – Industry Trends and Forecast to 2029  https://www.databridgemarketresearch.com/reports/global-plastic-stabilizer-market

Building and Construction Glass Market – Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/global-building-and-construction-glass-market

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us:

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email:- corporatesales@databridgemarketresearch.com

CDN Newswire