Industrial Adhesives Market by Composition, Type, and End-use Industry : Global Opportunity Analysis and Industry Forecast 2020-2027

February 2021
378 pages
ID: 6062945
Format: PDF
Allied Market Research

Summary

Table of Contents

Industrial Adhesives Market by Composition (Polyurethane, Epoxy, Vinyl, Acrylic, and Others), Type (Water-based Adhesives, Solvent-based Adhesives, Hot-melt Adhesives, and Others), and End-use Industry (Packaging Industry, Construction Industry, Automotive Industry, Electrical & Electronics, and Others: Global Opportunity Analysis and Industry Forecast 2020-2027

The industrial adhesives market was valued at $XX billion in 2019, and is projected to reach $XX billion by 2027, growing at a CAGR of XX% from 2020 to 2027.
Industrial adhesives can be defined as inorganic or organic chemical compounds that are utilized to attach components or help in manufacturing of components and materials.
There is a significant increase in demand for adhesives from end-use industries such as medical, packaging, and others. However, less demand for automobiles prior to the COVID-19 outbreak and the volatility in the price of raw materials are expected to hinder the market growth. In addition, decreased consumer spending, owing to the COVID-19 pandemic has hindered the electronics sector, which consequently decreased the demand for adhesives. On the contrary, increase in participation of developing countries in the aerospace sector is expected to boost the growth of the industrial adhesives market during the forecast period.
The market is segmented on the basis of composition, type, end-use industry, and region. By composition, the market is divided into polyurethane, epoxy, acrylic, and others. On the basis of type, the market is classified into water-based adhesives, solvent-based adhesives, hot-melt adhesives, and others. On the basis of end-use industry, the market is categorized into packaging industry, construction industry, automotive industry, electrical & electronics, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key benefits for stakeholders
- The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the industrial adhesives market from 2020 to 2027 to determine the prevailing opportunities.
- The study provides a comprehensive analysis of the factors that drive and restrict the growth of the industrial adhesives market.
- Porter’s five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- Profiles of leading players operating in the industrial adhesives market are provided to understand the competitive scenario.
- The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable growth.

Key market segments

By Composition
• Polyurethane
• Epoxy
• Acrylic
• Vinyl
• Others

By Type
• Water-based Adhesives
• Solvent-based Adhesives
• Hot-melt Adhesives
• Others

By End-use Industry
• Packaging Industry
• Construction Industry
• Automotive Industry
• Electrical & Electronics
• Others

By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o Spain
o UK
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific

• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Key market players
• 3M Company
• Arkema S.A.
• Avery Dennison Corporation
• H.B. Fuller
• Henkel AG & Co. KGaA
• Parker Hannifin Corp
• Jowat SE
• Pidilite Industries Limited
• Wacker Chemie AG
• Delo

The other players in the value chain include Hitachi Chemical Company Ltd., Bayer Material Science, Toyo Polymer Co. Ltd., Bemis, Ashland Inc, Royal Adhesives & Sealants, Cytec Industries Inc, Adhesive Films Inc., Forbo Holding, Cargill Inc., Vulkaflex Industrial, and others.

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