Asia pacific adhesives market is valued at 21.8 billion usd in 2020. the market is expected to grow at a cagr of 5.7% over the forecast period to reach a valuation of 38.2 billion usd in 2025.
the adhesive is a chemical solution that connects two materials to form a single component, whereas the sealant is a semi-solid material used to avoid liquid leakage. adhesives and sealants are formulated with different chemicals and techniques and are used in a variety of applications. although they are perceived to be a single sector, their quality is distinct across end-use applications. the regulators have unique requirements and evaluation methods for each of them. adhesives have high shear and tensile strength, making the material suitable for holding-and bonding-related applications.
in october 2017 h.b. fuller purchased royal adhesives & sealants (us), a leading manufacturer of high-quality specialty adhesives & sealants. the acquisition has led to a broader portfolio of businesses, together with expanded development and production capabilities.
Asia Pacific Adhesives Market Drivers And Restraints:
adhesives have become the primary engineering aspect of automotive applications, as they are increasingly replacing conventional bonding and adhesion methods.recent advances in adhesive engineering in the area have allowed car manufacturers to produce lightweight and fuel-efficient vehicles.the asia pacific transport industry is growing across all countries due to an increase in population, cross-border movement of goods and people, and an increase in employment. due to its large number of applications, this growth is expected to increase the adhesive market.with an increase in customer population in fast-growing economies, such as china and india, vehicle production will also rise over the years, leading to an increase in the demand for adhesives and sealants in the automotive industry.there are certain disadvantages to this sector, such as the strict environmental restrictions on voc emissions. these factors can act as a roadblock to the growth of the asia-pacific adhesive sector.
china, with an asian-pacific adhesive & sealants market share of 52%, is an emerging economy and the highest in terms of purchasing power parity; the second-largest economy in terms of nominal gdp. almost all major global manufacturers of adhesives and sealants have their manufacturing plants in china, which is the largest manufacturing country in the world. china is also one of the biggest exporters of adhesives and sealants in many countries, as well as the largest consumer. growth in its end-user sector is also expected to increase its business. china is the largest manufacturer of automotive and electronic products, such as smartphones, oled tvs, tablets, and so on, with the highest growth in the consumer electronics market.
By Country – India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC.
the key market players in the asia pacific adhesives market include 3m co., adhesives research inc., arkema group, ashland inc., avery dennison corp., benson polymers ltd., delo industrial adhesives, dow chemical co., h.b. fuller co., franklin guangzhou adhesives company ltd, hexion
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 Technology
5.1.1 Introduction
5.1.2 Water-borne
5.1.3 Solvent-borne
5.1.4 Reactive
5.1.5 Hot-melts
5.1.6 Others
5.1.7 Y-o-Y Growth Analysis, By Technology
5.1.8 Market Attractiveness Analysis, By Technology
5.1.9 Market Share Analysis, By Technology
5.2 Product Type
5.2.1 Introduction
5.2.2 Silicone
5.2.3 Polyurerthane
5.2.4 Acrylic
5.2.5 Polyvinyl Acetate
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By Product Type
5.2.8 Market Attractiveness Analysis, By Product Type
5.2.9 Market Share Analysis, By Product Type
5.3 End User Industry
5.3.1 Introduction
5.3.2 Building & Construction
5.3.3 Paper
5.3.4 Board & Packaging
5.3.5 Woodworking & Joinery
5.3.6 Transportation
5.3.7 Footwear & leather
5.3.8 Healthcare
5.3.9 Electronics
5.3.10 Others
5.3.11 Y-o-Y Growth Analysis, By End User Industry
5.3.12 Market Attractiveness Analysis, By End User Industry
5.3.13 Market Share Analysis, By End User Industry
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 3M Co
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 Adhesives Research Inc.
8.3 Arkema Group
8.4 Ashland Inc
8.5 Avery Dennison Corp
8.6 Benson Polymers Ltd
8.7 DELO Industrial Adhesives
8.8 Dow Chemical Co
8.9 H.B. Fuller Co
8.10 Hexion
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
