Industrial Adhesives Market, By Composition (Polyurethane, Epoxy, Vinyl, Acrylic, 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), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Industrial adhesives help companies of all sizes and sectors to secure the bonding of plastics, metals, wood, and ceramics. An alternative to mechanical fasteners and welding, these adhesives provide quick, reliable and durable joining solutions. They also reduce the need for labor-intensive hand-work and assembly processes.
Market Dynamics:
The global industrial adhesives market has been experiencing an exponential growth rate over the last decade. This is largely due to the growing demand from end use industries such as automotive, construction, and packaging. Additionally, rapid urbanization in developing countries and increasing income levels of the population is further boosting growth of industrial adhesives market. In the coming years, the market of industrial adhesives is likely to take a shift towards eco-friendly and bio-based adhesives. This is owing to the fact that traditional synthetic adhesives have adverse effects on human health and the environment. This is again expected to fuel the global industrial adhesives market growth.
On the other hand, strict environmental regulations regarding the VOC emission is expected to hamper the market growth.
Key features of the study:
This report provides in-depth analysis of the global industrial adhesives market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global industrial adhesives market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Henkel, 3M, Bostik, Avery Dennision, H.B. Fuller, Jowat, and Pidilite Industries Limited
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global industrial adhesives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global industrial adhesives market
Detailed Segmentation:
Global Industrial Adhesives Market, By Composition
Polyurethane
Epoxy
Vinyl
Acrylic
Others
Global Industrial Adhesives Market, By Type
Water-based Adhesives
Solvent-based Adhesives
Hot-melt Adhesives
Others
Global Industrial Adhesives Market, By End Use Industry
Packaging Industry
Construction Industry
Automotive Industry
Electrical & Electronics
Others
Global Industrial Adhesives Market, By Region
North America
Europe
Asia Pacific
LAMEA
Company Profiles
Henkel
3M
Bostik
Avery Dennision
H.B. Fuller
Jowat
Pidilite Industries Limited