Water-based Adhesive Market Overview:
Information about competitors can be found in the Water-based Adhesive Market‘s competitive environment. The list of elements also includes the internal business processes, financial data, revenue earned, market potential, RD spending, initiatives to enter new markets, geographic presence, firm strengths and weaknesses, product introduction, and application dominance. The aforementioned figures only include businesses that offer services to companies in the metallic pigments sector.
Water-based Adhesive Market was valued at US$ 16.47 Bn. in 2020 and is expected to reach US$ 23.8 Bn. by 2027, at a CAGR of 5.4% during a forecast period.
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Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report’s market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.
Segmentation:
Based on resin type, the Acrylic polymer emulsion is anticipated to contribute major revenue share to the global market and is expected to maintain its dominance over the forecast period. Acrylic polymer Emulsion is produced by an emulsion polymerization process, as they are versatile in nature because of ester Resin type. They have superior properties such as low volatile emission compound (VOCs) emission rate and excellent durability which meets its suitable numerous applications in end use industries such as building & construction, paints & coatings, textiles, and others.
In terms of application, the tapes & labels segment accounts for highest share in terms of revenue in the global market. Tapes & labels are usually used in the packaging of electronic and electrical devices, hygiene and medical packaging, packaging of drug delivery system, packaging of construction materials during transit. Therefore packaging adhesive tapes market propel the growth of the market during the forecast period. Furthermore, the consumer focus toward flexible packaging will expected for numerous opportunities in the growth of the water-based adhesives market, globally. Henceforth, with the growing demand from end-user industries, the market for water borne adhesives in the region is expected to grow at a high CAGR over the forecast period.
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Key Players: Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources.
The following are the key players of the Water-based Adhesive market-
• 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.
Regional Analysis:
Individual market influencing elements and changes in market rules that impact present and future market trends are also included in the geographical factor of the research. Only a few of the indicators utilized to anticipate market scenarios for distinct nations include downstream and upstream value chain analysis, technological trends, porter’s five forces analysis, and case studies.
COVID-19 Impact Analysis Water-based Adhesive Market: The study also looks at the influence of COVID-19 on the Water-based Adhesive market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, notable trends, and challenges that the industry is experiencing across major regions. The report presents a microeconomic and macroeconomic analysis of COVID-19’s overall impact on the Water-based Adhesive Market. The particular research focuses on market share and size, demonstrating clearly the impact that the epidemic has had and will have on the global Water-based Adhesive Market in the next years.
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Key Questions Answered in the Water-based Adhesive Market Report are:
- What will be the CAGR of the Water-based Adhesive market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Water-based Adhesive market?
- Which are the prominent players in the Water-based Adhesive market?
- What key trends are likely to emerge in the Water-based Adhesive market in the forecast period?
- What will be the Water-based Adhesive market size by 2027?
- Which company held the largest share in the Water-based Adhesive market in 2020?
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