The Acrylic Adhesives Market Report 2019-2023 focuses on the global Acrylic Adhesives status, future forecast, growth opportunity, key market, and key players.
The Acrylic Adhesives Market report studies the global market size of Acrylic Adhesives in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Acrylic Adhesives in these regions. This research report categorizes the global Acrylic Adhesives market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Acrylic Adhesives include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- 3M Company
- Arkema Group (Bostik SA)
- Ashland Inc.
- Avery Dennison Corp.
- Franklin International
- H.B. Fuller Co.
- Henkel AG & Co. KGaA
- Hexcel Corporation
- Huntsman Corp.
- ITW (Illinois Tool Works Inc.)
- LORD Corp.
- Mapei SPA
- Permabond LLC
- Pidilite Industries
- RPM International
- Sika AG
- Toagosei Co.
- Wacker Chemie AG
Overview of Acrylic Adhesives Market Research Report 2019-2023:-
The global acrylic adhesives market is expected to register a moderate CAGR during the forecast period, 2019-2023. Asia-Pacific dominated the acrylic adhesives market in 2017, and is also expected to register the fastest growth during the forecast period.
Augmenting Demand from the Packaging Industry Driving the Market
The packaging industry was the largest consumer of acrylic adhesives in 2017. In the packaging industry, acrylic adhesive is widely used in tapes, labels, cases and cartons. The packaging industry in North America and Europe are mature markets. Asia-Pacific is the region witnessing considerable growth; especially China and India are the major growing markets for this industry. As the packaging industry is growing, the market for acrylic adhesives is also expected to increase globally owing to the increasing applications. Europe is the largest market for bookbinding adhesives, followed by Asia-Pacific, North America and South America. The demand for books and related materials is expected to increase with the increasing population and literacy rate around the world. Such positive factors are expected to drive the acrylic adhesives market through 2023.
Water-based – The Technology Dominating the Acrylic Adhesives Market
Water-borne adhesives are increasingly becoming an integral part of various end-user industries, owing to their eco-friendly and low-toxic nature, high solid content, and high initial adhesion properties. Furthermore, absence of volatile organic compounds (VOCs) in water-borne adhesives is another major reason for the increasing adoption of water-borne technology over others. Water-borne adhesives are used in a wide range of applications in the automotive, construction, shoe, woodwork & furniture, mattress and paper & packaging industries, amongst others. For instance, automotive production registered a growth rate of 2.4% in 2017 with maximum growth in Asia-Pacific and Europe region. Furthermore, the market is further expected to grow in the upcoming years owing to rising investments in the automotive market. As these industries continue to grow, the market for water based acrylic adhesives too is projected to rise during the forecast period.
Asia-Pacific â The Largest Regional Market
Asia-Pacific accounted for the largest market for acrylic adhesives, owing to a huge demand from countries such as India, China, South Korea, and various countries in Southeast Asia. Expanding packaging industry, increasing demand for appliances and sporting goods, exceptional investments in infrastructure, growing automotive production in various countries, rising manufacturing activities in electrical and electronics, especially in China, are the few factors that are expected to drive the acrylic adhesives market in Asia-Pacific region through the forecast period.
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Reason to Purchase this ReportAnalyzing various perspectives of the market with the help of Porterâs five forces analysisTo understand the dominating technology and end-user industry in the marketIdentifying the regions and countries, which are expected to witness the fastest growth during the forecast periodIdentifying the latest developments, market shares, and strategies employed by the major market players3-month analyst support, along with the Market Estimate sheet in excel
Key questions answered in the Acrylic Adhesives Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Acrylic Adhesives market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Acrylic Adhesives Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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