Pulished Date September, 2019
ID: 8738
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Adhesives Market byType - Water-based, Solvent-based, and Hot Melt; Product - Polyurethane, Acrylic, Poly Vinyl Acetate (PVA), Polyester, Rubber, Epoxy, and EVA; Application - Packaging, Construction, Automobile, Footwear and Leather, and Consumer)and Region - Global Forecast to 2023

Pulished: September, 2019
ID: 8738
Pages: 180

Adhesives Market Overview:

Adhesives market is estimated USD 53.90 billionin 2018 and is expected to grow at a CAGR rate of 4.93% to reach USD 20.7 billion2023.

Recent developments:

  • Avery Dennison Corporation announced in March 2017 the purchase of Hanita Coatings, an Israeli producer of pressurized products such as specialty movies and laminates.

The development driver is primarily driven by increased demand for automotive, design, packaging, furnishings, footwear and pressurized apps.

Increased introduction of light passenger vehicles in the worldwide automotive industry has led to the revenues of high-performance sticks with greater fuel economy and reduced emissions. These adhesives are used in automotive apps, both indoors and outdoors. For example, the replacement of nuts and bolts can reduce weight and thus increase the vehicle fuel economy. As a consequence, improved adhesives with higher binding ability are anticipated to replace traditional welding and other mechanical fixation techniques.

Drivers and market limitations:

The Adhesives market size is exponentially expanding owing to following:

  • Growth in the section of commercial aircraft, automotive and others.
  • The growing implementation base.

Restraints of Adhesives market can be –

  • High initial setup cost.

Opportunities of Adhesives market can be

  • Emerging markets growth possibilities.

Market Taxonomy:

  1. By Type
    • Water-based
    • Solvent-based
    • Hot Melt
  2. Product
    • Polyurethane
    • Acrylic, Poly Vinyl Acetate (PVA)
    • Polyester
    • Rubber
    • Epoxy
    • EVA
  3. Application
    • Packaging
    • Construction
    • Automobile
    • Footwear
    • Leather
    • Consumer

Market value and expected growth:

The critical variables driving development are high demand for building, packaging, installation and automotive adhesives and sealants in conjunction with their quickly growing implementation range.

The Adhesive market size has seen a substantial increase in research and development expenditure with businesses that are working to develop bio-based options because of harsh environmental policies. The most essential bio-based adhesives and sealants are soybean derived polyols, plant oil-based polyamides, epoxies and polyisoprenes. Their manufacturing costs, however, are higher than those of standard adhesives, which restrict their acceptance prices.

Due to environmental-friendly item design, the water-based adhesives market section had the most significant business share in 2018. Furthermore, Volatile Organic Compounds (VOC) zero emissions from these products are a prominent variable that will in the near future drive demand in the adhesive market.

Rapidly developed lifestyles together with the increasing population of the middle class, lead to the development of the packaging industry in the Asia Pacific. The adhesive market is to be boosted because a large volume of adhesive consumption is applied in packaging applications such as card boxes, envelopes, cardboard closures, cups, flexible packaging, specialty packaging, bags and devices.

Because of their fast sealing skills and longer substrate stamina, sealants discover enormous apps in the construction industry. Waterproofing sealants, for example terrace, balcony and other construction elements, are mainly used for external apps. Tilting and several other stickers are particularly used to inland use. These Adhesive are highly penetrative in increasing markets, with enormous project resources and public assistance, thanks to these vibrant apps.

 As for income, in the prediction era, Asia Pacific Adhesives market is expected to be the highest CAGR of 7,2%. Rapid industrialisation, powerful GDP development and production development are projected to boost national development.

In terms of consumption, Germany, France and the United Kingdom are the major industry leaders in Europe for adhesives in a broad spectrum of apps. Regional development is motivated primarily by growing demand from cars, medical equipment, technology and electronics. Because of their increasing use in building, paper and packaging apps, the waterborne and reactive section resulted.

North America, with its 22.7% income share, was one of the biggest national sections on the Adhesive market.

Product Description –

The most common applications for fortification are the use of adhesive and sealant, drywall fastening, wall fastenings, wall apps, bathroom flooring and building moulding apps. Thus, the fast development of the building sector is anticipated to generate development possibilities in the near future, particularly in developing markets such as China and India.

The Adhesive market respondents are expected to be pushed to introduce bio-based adhesives by stringent legislation developed by environmental officials for use with high volatile organic composites (VOCs). Manufacturers undertake numerous strategic measures for the manufacturing of sustainable products, such as comprehensive research and development operations.

Crude oil and petrochemicals are key raw materials used to produce adhesives. In latest years, volatile goods ' prices have influenced the profitability of respondents and have a significant effect on the development in the industry for adhesives and sealants.

Research Methodology:

Market research involves studying market trends, growth patterns and understanding the influence of variables like macro and micro economic conditions, geopolitical and demographic conditions on the market value and market dynamics.

The research methodology used to calculate and forecast the Adhesives market began by collecting information on the marketkey player’s sales using multiple sources via secondary research.In order to identify market segmentation, supplier offers have been considered.

Key players in the market:

Henkel (Germany), Sika (Switzerland), Arkema (France), H.B. are key competitors working on the adhesive sector. Others are Illinois Tool Works (ITW) (US), 3 M (US), and Fuller (US).

Key highlights of the research report:

  • This report provides a detailed quantitative analysis of the current market and estimates for the years 2018-2023, which help identify the prevailing market opportunities.
  • Important changes in market dynamics.
  • Report and evaluation of recent developments in the industry.
  • Competitive intelligence helps to understand the competitive scenario in geographical regions.
  • The key players in the market are described in detail in this report, and their strategies are analyzed in-depth to understand the competitive advantage of the market better.

1. Introduction                 

                1.1 Market Definition    

                1.2 Study Deliverables  

                1.3 Base Currency, Base Year and Forecast Periods          

                1.4 General Study Assumptions

2. Research Methodology                           

                2.1 Introduction               

                2.2 Research Phases      

                                2.2.1 Secondary Research

                                2.2.2 Primary Research

                                2.2.3 Econometric Modelling

                                2.2.4 Expert Validation

                2.3 Analysis Design         

                2.4 Study Timeline          

3. Overview                       

                3.1 Executive Summary

                3.2 Key Inferences         

                3.3 Epidemology              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                    

                4.1 Market Drivers          

                4.2 Market Restraints    

                4.3 Key Challenges         

                4.4 Current Opportunities in the Market              

5. Market Segmentation                              

                5.1 Type              

                                5.1.1 Introduction

                                5.1.2 Water-based

                                5.1.3 Solvent-based

                                5.1.4 Hot Melt

                                5.1.5  Y-o-Y Growth Analysis, By Type

                                5.1.6  Market Attractiveness Analysis, By Type

                                5.1.7  Market Share Analysis, By Type

                5.2 Product        

                                5.2.1 Introduction

                                5.2.2 Polyurethane

                                5.2.3 Acrylic, Polu Vinyl Acetate (PVA)

                                5.2.4 Polyester

                                5.2.5 Rubber

                                5.2.6 Epoxy

                                5.2.7 EVA

                                5.2.8 Y-o-Y Growth Analysis, By Product

                                5.2.9 Market Attractiveness Analysis, By Product

                                5.2.10 Market Share Analysis, By Product

                5.3 Application 

                                5.3.1 Introduction

                                5.3.2 Packaging

                                5.3.3 Construction

                                5.3.4 Automobile

                                5.3.5 Footwear

                                5.3.6 Leather

                                5.3.7 Consumer

                                5.3.8 Y-o-Y Growth Analysis, By Application

                                5.3.9  Market Attractiveness Analysis, By Application

                                5.3.10  Market Share Analysis, By Application

6. Geographical Analysis                              

                6.1 Introduction               

                                6.1.1 Regional Trends

                                6.1.2 Impact Analysis

                                6.1.3 Y-o-Y Growth Analysis

                               

                               

                               

                               

                                6.1.4  Market Attractiveness Analysis

                               

                               

                               

                               

                                6.1.5  Market Share Analysis

                               

                               

                               

                               

                6.2 North America          

                                6.1.1 Introduction

                                6.1.2 United States

                                6.1.3 Canada 

                6.3 Europe         

                                6.2.1 Introduction

                                6.2.2 U.K

                                6.2.3 Spain

                                6.2.4 Germany

                                6.2.5 Italy 

                                6.2.6 France

                6.4 Asia-Pacific 

                                6.3.1 Introduction

                                6.3.2 China 

                                6.3.3 India 

                                6.3.4 Japan 

                                6.3.5 Australia

                                6.3.6 South Korea

                6.5 Latin America             

                                6.4.1 Introduction

                                6.4.2 Brazil

                                6.4.3 Argentina

                                6.4.4 Mexico

                                6.4.5 Rest of Latin America

                6.6 Middle East & Africa               

                                6.5.1 Introduction

                                6.5.2 Middle-East

                                6.5.3 Africa

7. Strategic Analysis                       

                7.1 PESTLE analysis         

                                7.1.1 Political

                                7.1.2 Economic

                                7.1.3 Social

                                7.1.4 Technological

                                7.1.5 Legal

                                7.1.6 Environmental

                7.2 Porter’s Five analysis              

                                7.2.1 Bargaining Power of Suppliers

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis                        

                8.1 Henkel (Germany)  

                                8.1.1 Overview

                                8.1.2 Product Analysis

                                8.1.3 Financial analysis

                                8.1.4 Recent Developments

                                8.1.5 SWOT analysis

                                8.1.6 Analyst View

                8.2 Sika (Switzerland)    

                8.3 Arkema (France)      

                8.4 H.B.

                8.5 Illinois Tool Works (ITW) (US)             

                8.6 3M (US)       

                8.7 Fuller (US)   

9. Competitive Landscape                           

                9.1 Market share analysis            

                9.2 Merger and Acquisition Analysis       

                9.3 Agreements, collaborations and Joint Ventures         

                9.4 New Product Launches         

10. Market Outlook and Investment Opportunities                         

Appendix                           

                a) List of Tables

                b) 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
  • The segment-level analysis in terms of By Application, and End user Industry 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 Adhesives Market By Region, From 2018-2023 ( USD Million )
  2. Global Adhesives Market By Type, From 2018-2023 ( USD Million )
  3. Global Water-based Market By Region, From 2018-2023 ( USD Million )
  4. Global Solvent-based Market By Region, From 2018-2023 ( USD Million )
  5. Global Hot Melt Market By Region, From 2018-2023 ( USD Million )
  6. Global Adhesives Market By Product, From 2018-2023 ( USD Million )
  7. Global Polyurethane Market By Region, From 2018-2023 ( USD Million )
  8. Global Acrylic, Poly Vinyl Acetate (PVA) Market By Region, From 2018-2023 ( USD Million )
  9. Global Polyester Market By Region, From 2018-2023 ( USD Million )
  10. Global Rubber Market By Region, From 2018-2023 ( USD Million )
  11. Global Epoxy Market By Region, From 2018-2023 ( USD Million )
  12. Global EVA Market By Region, From 2018-2023 ( USD Million )
  13. Global Adhesives Market By Application, From 2018-2023 ( USD Million )
  14. Global Packaging Market By Region, From 2018-2023 ( USD Million )
  15. Global Construction Market By Region, From 2018-2023 ( USD Million )
  16. Global Automobile Market By Region, From 2018-2023 ( USD Million )
  17. Global Footwear Market By Region, From 2018-2023 ( USD Million )
  18. Global Leather Market By Region, From 2018-2023 ( USD Million )
  19. Global Consumer Market By Region, From 2018-2023 ( USD Million )

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