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Pulished Date April, 2021
ID: 10474
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Rubber Repair Adhesives Market segmentation By process (Hot Bond Process and Cold Bond Process), By Application (Building and Construction, Paper and Boards, Woodwork, Cement, Mining and Conveyer Belt) & By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) – Industry Analysis on Size, Share, Growth, Trends & Forecast to 2026

Pulished: April, 2021
ID: 10474
Pages: 175

The Rubber Repair Adhesives Market is supposed to grow at a CAGR of 6% owing to its high demand in the packaging industry in the forecast period of 2021 - 2026. 

Recent Developments 

  • Sika acquired Modern Waterproofing Group, a market leader in Egypt in the areas of waterproofing and roofing systems.

  • In August’2020, 3M and Mitsubishi Paper Mills completed Patent License Agreement for the former’s Metal Mesh Technology aiming at sales of USD 23 billion.

  • Henkel joined the U.S plastic pact, and both are committed to achieving circular economy goals by the end of 2025.

Drivers and Restraints of Global Rubber Repair Adhesives Market

Rising demands in personal care and hygiene products is a driving factor to promote Rubber repair adhesives industry in the North American, European and Asia-Pacific region, as they are widely used in the packaging and manufacturing industry, and with the pandemic, the packaging industry is one of the few which has grown. The COVID-19 pandemic has augmented the call hygiene products as a preventive measure for the spread of the virus. The Paper industry also has wide implications of rubber repair adhesives in the form of laminations etc. Rubber repair adhesives are also used in industrial products such as the construction of corrugated boxes and in recent times this has been one of the growth factors of the industry.Rubber repair adhesives are highly regarded for protection against wear, abrasion, and impact, fast cold-curing, excellent adhesion to a wide variety of substrates, better mechanical strength, high elasticity, protection against erosion and corrosion, and easy application. As a consequence of that, rubber repair adhesives are gaining popularity in diverse applications.

The rapid expansion of the global construction sector due to private and government funding is igniting the demand for rubber repair adhesives used in the cement & aggregate industry for repair and maintenance of conveyor belts, pulleys, and rollers. Consequently, increasing demand for rubber repair adhesives from different industry verticals such as cement, aggregate, and mining - quarrying industries is supposed to boost the global rubber repair adhesives market during the outlook period.Rubber repair adhesives technique is extremely useful and is growing at a high rate but at the same time, it is costly.. The business also needs to invest a lot into research and development to keep improving the quality of the polymers to meet the standard demands, which is in line with the environmental regulations. The availability of the raw material can also act as a hinderance to the growth.

Rubber Repair Adhesives Market Segmentation as per the research report until 2026.

Rubber Repair Adhesives Market - By Process

  • Hot Bond
  • Cold Bond 

Rubber Repair Adhesives Market - By Application

  • Building and Construction
  • Paper and Boards
  • Woodwork
  • Cement
  • Mining
  • Conveyer Belt

The hot bond process segment dominated the market in terms of value in 2019 and this trend is expected to continue during the projection period of 2020 to 2025. The primary reason for this domination is that the adhesives used in the hot bond process offer more reliable repairing solutions for conveyor belts, as compared to adhesives using the cold bond process.

The conveyor belt application is the largest shareholder in the rubber repair adhesives market in terms of value. Rubber conveyor belts reinforced with cords of nylon or steel are the most expensive part of a conveyor system. Despite this expense, due to the extreme working conditions, and harsh environments, and abrasive nature of the materials transported, these systems are constantly exposed to heavy wear and impact damage and therefore, regular maintenance and upkeep play a crucial role in increasing the service life of conveyor belts. As a result, there is a high demand for rubber repair adhesives in the conveyor belt application.

Rubber Repair Adhesives Market - By Region

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East & Africa

Asia Pacific region (APAC) is expected to dominate the global rubber repair adhesives market in terms of value during the forecasted period of 2020 to 2025. Previously, it led the rubber repair adhesives market due to the presence of established mining & quarrying, cement & aggregate, and steel end-use industries in the region. The abovementioned industries utilize rubber repair adhesives-based in conveyor belts, pulleys, and rollers. North American region is the second-largest market for rubber repair adhesives. In North America, the USA is expected to dominate the market.

Key Market Players listed in the research report are,

  1. 3M

  2. Arkema Group

  3. Henkel AG & Co.

  4. Sika AG

  5. DOW

Impact of COVID-19 on the Global Rubber repair adhesives Market:

Coronavirus has exposed severe challenges for the repair adhesives market by impacting its associated end-user industries. Major economies around the world are affected due to this pandemic. The Rubber repair adhesives market, however, saw a diminutive growth in this period owing to the increased demand for the packaging industry. However, decreased construction and mining activities have resulted in low demand that has negatively impacted the industry. More investments are being made towards bio-based rubber repair adhesives to reduce the harmful environmental effects of their synthetic counterparts. Post the pandemic, the market is supposed to grow at a similar rate if not more at a CAGR of 4-5%.

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 Rubber Repair Adhesives Market, By Process                              

                                6.1.1 Hot Bond 

                                6.1.2 Cold Bond

                                6.1.3 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Rubber Repair Adhesives Market, By Application                       

                                6.2.1 Building and Construction

                                6.2.2 Paper and Boards 

                                6.2.3 Woodwork             

                                6.2.4 Cement    

                                6.2.5 Mining      

                                6.2.6 Conveyer Belt        

                                6.2.7 Market Size Estimations & Forecasts (2019-2024)   

                                6.2.8 Y-o-Y Growth Rate Analysis              

                                6.2.9 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Process              

                                7.2.3 By Application       

                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 Process              

                                7.3.3 By Application       

                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 Process              

                                7.4.3 By Application       

                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 Process              

                                7.5.3 By Application       

                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 Process              

                                7.6.3 By Application       

8. Key Player Analysis                                    

                8.1 3M                 

                                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 Arkema Group                          

                8.3 Henkel AG & Co.                       

                8.4 Sika AG                        

                8.5 DOW                             

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

  • 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 Rubber Repair Adhesives Market By Region, From 2021-2026 ( USD Billion )
  2. Global Rubber Repair Adhesives Market By Process, From 2021-2026 ( USD Billion )
  3. Global Hot Bond Market By Region, From 2021-2026 ( USD Billion )
  4. Global Cold Bond Market By Region, From 2021-2026 ( USD Billion )
  5. Global Rubber Repair Adhesives Market By Application, From 2021-2026 ( USD Billion )
  6. Global Building and Construction Market By Region, From 2021-2026 ( USD Billion )
  7. Global Paper and Boards Market By Region, From 2021-2026 ( USD Billion )
  8. Global Woodwork Market By Region, From 2021-2026 ( USD Billion )
  9. Global Cement Market By Region, From 2021-2026 ( USD Billion )
  10. Global Mining Market By Region, From 2021-2026 ( USD Billion )
  11. Global Conveyer Belt Market By Region, From 2021-2026 ( USD Billion )

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