The Water-Based Adhesives Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
Learn More On The Water-Based Adhesives Market:
https://www.thebusinessresearchcompany.com/report/waterbased-adhesives-global-market-report
According to The Business Research Company’s Water-Based Adhesives Global Market Report 2024, The water-based adhesives market size has grown rapidly in recent years. It will grow from $41.61 billion in 2023 to $46.32 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to reduced health risks, packaging industry growth, woodworking and furniture production, consumer demand for sustainable products.
The water-based adhesives market size is expected to see rapid growth in the next few years. It will grow to $69.61 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to green and sustainable initiatives, rising demand in construction, flexible packaging expansion, automotive sector growth. Major trends in the forecast period include bio-based water-based adhesives, high-performance formulations, nanotechnology integration, packaging innovation.
The adhesives market’s growth is aided by the stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market’s growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to the Asian Development Bank, a regional development bank, Asia’s share of world GDP is expected to increase to 40% by 2030 and 52% by 2050. Stable economic growth is expected to increase investments in the end-user markets, thereby driving the water-based adhesives market during the forecast period.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=2658&type=smp
The water-based adhesives market covered in this report is segmented –
1) By Type of Resin: Acrylic Polymer Emulsion (PAE); Polyvinyl Acetate (PVA) Emulsion; Vinyl Acetate Ethylene (VAE) Emulsion; Styrene Butadiene (SB) Latex; Polyurethane Dispersion (PUD)
2) By Product Type: Vinyl Acetate Adhesives; Starch/Dextrin Adhesives; Rubber Latex Adhesives; Protein/Casein Adhesives; Other Product Types
3) By Application: Tapes & Labels; Paper & Packaging; Building & Construction: Automotive & Transportation; Other Applications (consumer & DIY, leather & footwear, sports & leisure, and assembly)
The water-based adhesives market report table of contents includes:
.
.
.
Top Major Players
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
File Analysis and Management Software Market Overview and Insights: According to IMR Market Reports, File Analysis…
Network Operations Management Market Overview and Insights: According to IMR Market Reports, Network Operations Management Market is expected…
Hybrid Cloud Management Software Market Overview and Insights: According to IMR Market Reports, Hybrid Cloud Management…
Secure Content Management Market Overview and Insights: According to IMR Market Reports, Secure Content Management Market is expected…
Mainframe Development Market Overview and Insights: According to IMR Market Reports, Mainframe Development Market is expected to grow…
Global Cloud Orchestration Market Overview 2024: Size, Growth Rate, and Segments cloud orchestration market outlook,…