Water-based Adhesive Market was valued at US$ 17.35 Bn. in 2021 and is expected to reach US$ 26.43 Bn. by 2029, at a CAGR of 5.4% during a forecast period.
Water-based Adhesive Market Overview
The Water-based Adhesive Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029. The report provides Water-based Adhesive Market drivers and restraints.
The most common materials used to create water-based adhesive, also called water-borne adhesive, are soluble synthetic or natural polymers. In many applications, including paper and packaging, tapes and labels, woodworking, building and construction, and automotive and transportation, water-based adhesives are used to affix various substrates. Due to the wet bonding nature of these adhesives, at least one substrate must be permeable to water in order for moisture to be able to escape from the bond line.
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Market Scope
During the forecast, the Water-based Adhesive Market is developing at a stable rate between 2022 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2022 and 2029. The report provides current Water-based Adhesive Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin amp; Sales by Product are all included in this Water-based Adhesive Market research report.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
Water-based Adhesive Market Segmentation
Based on resin type, the Acrylic polymer emulsion is expected to dominate the global market and contribute a significant revenue share over the forecast period. Because ester resins are versatile, acrylic polymer emulsions are created through an emulsion polymerization process.
The tapes & labels application category accounts for the largest revenue share in the global market. The packaging of electronic and electrical devices, medical and hygiene products, drug delivery systems, and construction materials during transit all frequently use tapes and labels. As a result, during the anticipated period, the market for packaging adhesive tapes will grow.
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Key Players
• Henkel
• H.B. Fuller
• Arkema
• Sika
• The Dow Chemical
• Bayer Material Science
• Applied Adhesives
• Jowat AG
• Dow Corning
• Evonik Industries AG
• Illinois Tool Works Inc.
• Franklin International, Inc.
• Bostik
• Ashland
• MAPEI S.p.A.
• 3M
• Pidilite Industries Ltd.
• Permabond LLC
• DELO Industrial Adhesives
• Akzo Nobel N.V.
The global Water-based Adhesive Market research report contains a detailed regional key player analysis of the Water-based Adhesive Market industry, with an emphasis on business growth opportunities and market hurdles in each of the globe’s major regions.
Regional Analysis
The regional analysis provided in our report helps you understand the Water-based Adhesive Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Water-based Adhesive Market . Local and regional development plans are often affected by the performance of Water-based Adhesive Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Water-based Adhesive Market Report are:
What is Water-based Adhesive Market ?
What is the forecast period of the Water-based Adhesive Market ?
What is the competitive scenario of the Water-based Adhesive Market ?
Which region held the largest market share in the Water-based Adhesive Market ?
What are the opportunities for the Water-based Adhesive Market ?
What factors are affecting the Water-based Adhesive Market growth?
Who are the key players of the Water-based Adhesive Market ?
Which company held the largest share in the Water-based Adhesive Market ?
What will be the CAGR of the Water-based Adhesive Market during the forecast period?
What key trends are likely to emerge in the Water-based Adhesive Market in the coming years?
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Key offerings:
Market Share, Size, and Forecast by Revenue|2022-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis by Water-based Adhesive Market
Landscape- Leading key players and other prominent key players.
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