Global Industrial Adhesives Market size was valued at USD 47.5 Billion in 2023 and is projected to reach USD 67.6 Billion by 2032, growing at a CAGR of 4.4% from 2023 to 2032.
Market expansion is probably driven by rising packaging demand from various end-use sectors like pharmaceuticals, food & beverage, and cosmetics. Growing federal and governmental regulations pertaining to carbon emissions are anticipated to support product use in the automotive sector and fuel market expansion. The Industrial Adhesives Market is expanding as a result of several benefits like reduced overall manufacturing costs and enhanced product reliability, performance, and operating life.
A liquid or semi-liquid mixture that may firmly cling to surfaces through an adhesive method is referred to as an adhesive. An adhesive is a substance that is used to join two substrates together. Adhesion is the interaction of the adhesive surface with the substrate surface, and it entails holding two dissimilar things close together such that mechanical force or work can pass across the contact. Several industries, including manufacturing, engineering, home improvement, and medicine, use these.
The Industrial Adhesive market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Industrial Adhesive market. On the basis of historic growth analysis and current scenario of Industrial Adhesive market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Industrial Adhesive market. This further helps user with their developmental strategy.
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This report examines all the key factors influencing growth of global Industrial Adhesive market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Industrial Adhesive market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Due to their extensive market and continued growth, adhesives have a wide variety of applications. It can change when new adhesives and sealants are introduced, but growth is anticipated to continue. Market expansion in the upcoming years would be fueled by rising demand from the packaging and automotive sectors in developing nations. Adhesives are needed for a wide range of items, including footwear, autos, cartons, furniture, non-woven fabrics, and many more. The most typical basic materials used as adhesives are polymeric polymers, both natural and manmade.
Global Industrial Adhesive Market: Major Players
BASF SE
Henkel AG & Co. KGaA
Lord Corporation
Hitachi Chemical Co. Ltd
Mitsubishi Chemical Corporation
3M
Avery Dennison Corporation
DowDuPont
H.B. Fuller Company
Bostik
Solvay
Pidilite Industries Ltd
Global Industrial Adhesive Market: Types
Acrylic
Polyvinyl acetate
Epoxy
Polyurethane
Ethyl vinyl acetate
Others
Global Industrial Adhesive Market: Applications
Electronics
Automotive
Construction
Medical Devices
Global Industrial Adhesive Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Industrial Adhesive market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Points:
Define, describe and forecast Industrial Adhesive product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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