KEY FINDINGS
The Europe adhesives market is projected to record a CAGR of 5.39% in terms of revenue, and 4.42% in terms of volume, over the forecast period of 2021 to 2028. The increased demand from sectors such as, automobile, medical, engineering, and electronics, the growing use of water-based and reactive adhesives, and product substitution and displacement, are expected to supplement the region’s market growth.
MARKET INSIGHTS
The Europe adhesives market growth is analyzed through the assessment of France, the United Kingdom, Russia, Italy, Belgium, Germany, Poland, and the rest of Europe.France is a lucrative location for foreign investments, given the extensive and augmenting market, and the government’s investment support.
Moreover, post-Brexit, Paris is anticipated to become the European Union’s new center.As per the French Construction Industry Associations, the country’s civil engineering activities are gradually recovering, with new projects, such as the ‘Greater Paris’ underway.
France’s small and large cities have also adopted the construction of modern tramways, leading to improved circulation, convenient networks, and renovated downtowns.
Italy is the most significant shoe manufacturer across the European Union, in terms of volume, as well as the tenth-largest producer, worldwide.Furthermore, the country also harbors at least 4,700 companies, engaged in shoe manufacturing.
Italy’s footwear sector is also well-recognized for manufacturing luxury and high-level shoes, with superior fashion content.As a result, the rapidly augmenting demand for fashionable and high-quality footwear is likely to propel the Italian footwear industry’s development, over the forecast period.
Hence, these factors are set to drive the adhesives market growth.
COMPETITIVE INSIGHTS
Some of the leading companies operating in the market are, BASF SE, Arkema SA, Henkel AG & Co KGaA, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Companies mentioned
1. 3M COMPANY
2. ARKEMA SA
3. ASHLAND EUROPE SPECIALTY CHEMICALS INC
4. AVERY DENNISON CORPORATION
5. BASF SE
6. EASTMAN CHEMICAL COMPANY
7. HENKEL AG & CO KGAA
8. MOMENTIVE PERFORMANCE MATERIALS INC (MPM)
9. BEARDOW & ADAMS (ADHESIVES) LIMITED
10. HB FULLER COMPANY
11. SIKA AG
12. DOW CHEMICAL COMPANY
13. UNISEAL INC
14. RPM INTERNATIONAL INC
15. HEXCEL CORPORATION
16. HUNTSMAN CORPORATION