We are monitoring the impact of COVID-19 on Global Adhesive Resin Market Get in touch with us for detailed analysis Know More
Pulished Date August, 2021
ID: 12017
Share on
Share on

Global Adhesive Resin Market Segmentation By Product Type (Polyvinyl Acetate, Polyacrylic Ester, Synthetic Rubber, Vinyl Acetate Ethylene, Polyurethane, Ethylene Vinyl Acetate, Epoxy, Cyanoacrylate, Modified Acrylate & Methyl Methacrylate, and Others); By Application (Building & Construction, Woodworking, Paper & Packaging, Consumer/DIY, Transportation, Leather & Footwear and Others); By Formulation (Solvent-Based, Water-Based, Reactive, Hot-Melt and Others) and Region - Industry Forecast of 2021 to 2026

Pulished: August, 2021
ID: 12017
Pages: 180

Global Adhesive Resin Market Value and Growth (2021-2026):

The global formic acid market was worth US$ 14.6 billion in 2021, and it is estimated to reach a valuation of US$ 19.66 billion by the end of 2026, expanding at a CAGR of 5.3% during 2021 and 2026.

Adhesive resins are used for coupling two different materials and consist of components & composites. Adhesives are generally in the form of cement, glue, paste, and mucilage. Adhesives are non-metallic substances applied to one or more surfaces of different items and coupled them together. The usage of adhesives offers various advantages compared to other techniques, including mechanical fastenings, sewing, and welding. Adhesives possess the nature of binding materials together. These can be found naturally and manufactures synthetically.

Adhesive Resin Market Trends:

Growing awareness of environmental materials tends to act as a significant trend for the global adhesive resin market. Furthermore, adhesive resins are specially developed for assembling air crafts and automotive bodies that escalate the demand for end-user firms to experience the highest growth rate in the sticky resin market.

Recent Developments in the Adhesive Resin Market:

Mitsubishi Chemical announced its new development of a new grade adhesive resin named "MODIC," used to make polypropylene and polyvinyl chloride by the co-extrusion process.

Adhesive Resin Market Drivers:

Rising demand for adhesive resins among several end-user firms fuels the sticky resin market growth since adhesives resins are used for packaging food and beverages, meat & seafood, consumer goods, bottles, and tubes. In addition, oil and gas firms experience a massive demand for adhesive resins since these are utilized to create linkage between coating pipes and pipelines. In the plastic industry, adhesive resin is used as a coupling agent to strengthen the tensile strength of plastic. Furthermore, adhesive resins are used for door modules and front-end modules in the automotive industry. These are also applied as flooring adhesive, sealants, and contact adhesives in building & construction firms. Finally, adhesive resins consist of a sealing feature in which it is used for producing aerospace components in the transportation industry.

Opportunities in the Adhesive Resin Market:

The significant opportunity for the adhesive resin market is the growing awareness that environmentally friendly materials and adhesive resins are being designed in such a way for the assembling of aircraft and automotive parts. Additionally, rising demand from end-user industries includes oil & gas, building & construction, transportation, etc., boosts the adhesive resin market growth in the upcoming years.

Challenges in the Adhesive Resin Market:

Fluctuation in raw materials prices is a significant factor that hinders the adhesive resin market's growth shortly. Furthermore, some disadvantages of the adhesive resin include relative weakness in coupling large objects with less surface area, decreased stability at high temperatures, and difficulty dividing things in the testing process. In addition, the bond formed by the resins is challenging to break, thus implementing repairs is impossible. These are some of the factors that slow down the adhesive resin market in the upcoming years.

Adhesive Resin Market Segmentation:

By Product Type:

  • Polyvinyl Acetate
  • Polyacrylic Ester
  • Synthetic Rubber
  • Vinyl Acetate Ethylene, Polyurethane
  • Ethylene Vinyl Acetate
  • Epoxy
  • Cyanoacrylate
  • Modified Acrylate & Methyl Methacrylate
  • Others

Depending on the product type, the adhesive resin market is segmented into Polyvinyl Acetate, Polyacrylic Ester, Synthetic Rubber, Vinyl Acetate, Ethylene, Polyurethane, Ethylene Vinyl Acetate, Epoxy, Cyanoacrylate, Modified Acrylate & Methyl Methacrylate, and Others. Besides these segments, the Epoxy segment is dominant in market share due to improved functionalities, including corrosion protection and mechanical strength. On the other hand, structural adhesives are massively utilized due to their high strength, resistance to chemicals and environments, and ability to adhere to comprehensive materials. 

By Application:

  • Building & Construction
  • Woodworking
  • Paper & Packaging
  • Consumer/DIY 
  • Transportation
  • Leather & Footwear
  • Others 

The building & construction segment dominates the market share since most epoxy resins are used to produce adhesives, paints, plastics, primers, sealers, coatings, and other materials used for the building and construction sector. In addition, these adhesives are utilized for making laminated woods for roofs, walls, desks, and other applications. Therefore massive usage of adhesive resins in the building & construction sector is estimated to drive the sticky resin market growth during the forecast period.

By Formulation:

  • Solvent-Based
  • Water-Based
  • Reactive
  • Hot-Melt
  • Others

Among these segments, the water-based piece holds the highest market share in the foreseen period. Water-based adhesives consist of primary components include vinyl acetate-ethylene, which are sold in the form of powder. These provide exceptional moisture resistance and flexibility. Performance-wise acetate-ethylene is more considerate than vinyl acetate-ethylene, which boosts up the adhesive resin market growth.  

Adhesive Resin Regional Analysis:

 The Adhesive Resin Report includes the segmentation of Regions:

  •  North America 

  •  Europe 

  •  Asia Pacific 

  •  Latin America 

  •  Middle East & Africa 

The Asia Pacific predominantly holds the highest market share due to the increasing demand for adhesives from end-user industries. In addition, China, India, and the Rest of APAC experience a growing demand for adhesive resins due to the emerging technologies.

Adhesive Resin Market Key Players:

The companies covered in the report include:

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Adhesive Resin Market , By Product Type                      

                                6.1.1 Polyvinyl Acetate 

                                6.1.2 Polyacrylic Ester   

                                6.1.3 Synthetic Rubber 

                                6.1.4 Vinyl Acetate Ethylene      

                                6.1.5 Polyurethane        

                                6.1.6 Ethylene Vinyl Acetate      

                                6.1.7 Epoxy        

                                6.1.8 Cyanoacrylate       

                                6.1.9 Modified Acrylate & Methyl Methacrylate

                                6.1.10 Others   

                                6.1.11 Market Size Estimations & Forecasts (2021-2026) 

                                6.1.12 Y-o-Y Growth Rate Analysis           

                                6.1.13 Market Attractiveness Index        

                6.2 Adhesive Resin Market , By Application                          

                                6.2.1 Building & Construction    

                                6.2.2 Woodworking       

                                6.2.3 Paper & Packaging               

                                6.2.4 Consumer/DIY      

                                6.2.5 Transportation      

                                6.2.6 Leather & Footwear            

                                6.2.7 Others      

                                6.2.8 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.9 Y-o-Y Growth Rate Analysis              

                                6.2.10 Market Attractiveness Index        

                6.3 Adhesive Resin Market , By Formulation                        

                                6.3.1 Solvent-Based       

                                6.3.2 Water-Based         

                                6.3.3 Reactive   

                                6.3.4 Hot-Melt  

                                6.3.5 Others      

                                6.3.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.7 Y-o-Y Growth Rate Analysis              

                                6.3.8 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2021 - 2026)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Product Type   

                                7.2.3 By Application       

                                7.2.4 By Formulation     

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Product Type   

                                7.3.3 By Application       

                                7.3.4 By Formulation     

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Product Type   

                                7.4.3 By Application       

                                7.4.4 By Formulation     

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Product Type   

                                7.5.3 By Application       

                                7.5.4 By Formulation     

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Product Type   

                                7.6.3 By Application       

                                7.6.4 By Formulation     

8. Key Player Analysis                                    

                8.1 E.I. du Pont de Nemours and Company                           

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 ExxonMobil Chemical                             

                8.3 Eastman Chemical                   

                8.4 Dow Chemical                           

                8.5 Lawter                          

                8.6 Mitsubishi Chemical               

                8.7 Georgia-Pacific Chemicals                    

                8.8 Ashland Inc.               

                8.9 Yparex B.V.                 

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Adhesive Resin  Market By Region, From 2021-2026 ( USD Billion )

  2. Global Adhesive Resin  Market By Product Type , From 2021-2026 ( USD Billion )

  3. Global Polyvinyl Acetate Market By Region, From 2021-2026 ( USD Billion )

  4. Global Polyacrylic Ester Market By Region, From 2021-2026 ( USD Billion )

  5. Global Synthetic Rubber Market By Region, From 2021-2026 ( USD Billion )

  6. Global Vinyl Acetate Ethylene Market By Region, From 2021-2026 ( USD Billion )

  7. Global Polyurethane Market By Region, From 2021-2026 ( USD Billion )

  8. Global Ethylene Vinyl Acetate Market By Region, From 2021-2026 ( USD Billion )

  9. Global Epoxy Market By Region, From 2021-2026 ( USD Billion )

  10. Global Cyanoacrylate Market By Region, From 2021-2026 ( USD Billion )

  11. Global Modified Acrylate & Methyl Methacrylate Market By Region, From 2021-2026 ( USD Billion )

  12. Global Others Market By Region, From 2021-2026 ( USD Billion )

  13. Global Adhesive Resin  Market By Application, From 2021-2026 ( USD Billion )

  14. Global Building & Construction Market By Region, From 2021-2026 ( USD Billion )

  15. Global Woodworking Market By Region, From 2021-2026 ( USD Billion )

  16. Global Paper & Packaging Market By Region, From 2021-2026 ( USD Billion )

  17. Global Consumer/DIY Market By Region, From 2021-2026 ( USD Billion )

  18. Global Transportation Market By Region, From 2021-2026 ( USD Billion )

  19. Global Leather & Footwear  Market By Region, From 2021-2026 ( USD Billion )

  20. Global Others Market By Region, From 2021-2026 ( USD Billion )

  21. Global Adhesive Resin  Market By Formulation, From 2021-2026 ( USD Billion )

  22. Global Solvent-Based Market By Region, From 2021-2026 ( USD Billion )

  23. Global Water-Based Market By Region, From 2021-2026 ( USD Billion )

  24. Global Reactive Market By Region, From 2021-2026 ( USD Billion )

  25. Global Hot-Melt  Market By Region, From 2021-2026 ( USD Billion )

  26. Global Others Market By Region, From 2021-2026 ( USD Billion )

Please wait. . . . Your request is being processed

LICENCE TYPE

$ 1234 4255

Clients
clients
clients
clients
clients
clients
clients
Click for Request Sample