Adhesive Applying Equipment Market Forecasts to 2030 – Global Analysis By Type (Adhesive Controllers, Cold Glue Applicators, Pneumatic Adhesive Applicators, Application Guns, Hot Melt Applicators, Adhesive Dispensers, Automated Adhesive Systems and Other

Adhesive Applying Equipment Market Forecasts to 2030 – Global Analysis By Type (Adhesive Controllers, Cold Glue Applicators, Pneumatic Adhesive Applicators, Application Guns, Hot Melt Applicators, Adhesive Dispensers, Automated Adhesive Systems and Other Types), Technology (Solvent-based, Water-based, Hot Melt, Pressure-sensitive, Dispersions and Other Technologies), Application, End User and By Geography

According to Stratistics MRC, the Global Adhesive Applying Equipment Market is growing at a CAGR of 7.5% during the forecast period. Equipment used to apply adhesive material to a surface is known as adhesive-applying equipment. Moreover, the use of adhesive application equipment is crucial to ensuring the uniform and precise application of the adhesive substance. The adhesive and the surface can cling together tightly as a result.

According to ASTM D6195, the “Loop Tack” test is used to measure the tack force / strength of a pressure sensitive adhesive (PSA). Pressure sensitive adhesives are typically applied to films, labels, tapes, and stickers where the initial tack force is an important characteristic of the product. ASTM D6195 describes two ways to perform the test.

Market Dynamics

Driver

Growing demand for adhesive products

Due to the superior bonding capabilities, advantages of being lightweight and capacity to replace conventional fasteners, adhesive products are becoming more and more prevalent in growing industries like automotive, construction, electronics, and packaging. Additionally, in order to meet rising production demands, this increase in adhesive usage is driving the demand for effective adhesive-applying equipment.

Restraint

Expensive initial investment

The high initial investment in adhesive application equipment includes not only the purchase price but also the costs of infrastructure, installation, and training. In addition to these, ongoing costs for maintenance and energy use can add up over time. Moreover, navigating these significant costs can be a difficult challenge for many organizations, especially smaller ones, and may require careful financial planning and consideration of financing options.

Opportunity

Growing use of green adhesive technologies

The manufacturers of adhesive application equipment have a huge opportunity thanks to the increased focus on environmental sustainability. Equipment that can effectively handle these materials while reducing waste and emissions will be in high demand as demand for eco-friendly adhesives increases. However, in a society that values the environment, creating machinery that is optimized for green adhesive technologies can lead to new market opportunities and help manufacturers stand out.

Threat

Supply-chain breakdowns

Due to the complexity of the global supply chain, pandemics, natural disasters, and geopolitical unrest all have the potential to cause supply chain disruptions that could affect equipment manufacturers. Critical component deliveries may be delayed as a result of these interruptions, which may have an impact on production schedules and customer satisfaction. Furthermore, to reduce these risks, manufacturers need solid backup plans and diversified supply chains.

Covid-19 Impact

On the market for adhesive application equipment, the COVID-19 pandemic had a significant effect. Lockdowns and supply chain disruptions during the early stages of the pandemic caused a significant slowdown in manufacturing and industrial activity. Moreover, there was less demand for adhesive equipment as a result of numerous projects being delayed or abandoned. But as industries adjusted to new safety regulations and remote working arrangements, a shift towards increased automation and digitalization was seen, fueling the demand for advanced adhesive application equipment.

The Hot Melt Applicators segment is expected to be the largest during the forecast period

In the market for adhesive applying equipment, the Hot Melt Applicators segment is anticipated to hold the largest share. Due to their adaptability and effectiveness, hot melt applicators are widely used in many industries. However, these applicators can dispense hot melt adhesives in a variety of shapes, such as sticks, pellets, or granules, which can be precisely applied and quickly solidify upon contact, making them appropriate for high-speed production lines. Hot melt applicators are used in a variety of industries for bonding and sealing tasks, including packaging, woodworking, automotive, and textiles.

The Disposable Hygiene Products segment is expected to have the highest CAGR during the forecast period

The market for adhesive-applying equipment had the highest CAGR in the disposable hygiene products segment. The demand for disposable hygiene items like adult incontinence products, sanitary napkins, and diapers increased, which contributed to this growth. As adhesives are applied accurately and efficiently for bonding and construction, adhesive-applying equipment is essential to the production of these products. The demand for disposable hygiene products has increased along with population growth and changing lifestyles, which has increased the need for cutting-edge adhesive application equipment.

Region with largest share

The adhesive-applying equipment market is expected to have the largest share in the North American region. The region's highly developed manufacturing industries, which cover industries like automotive, electronics, packaging, and construction, were one reason for this leadership, among other explanations. Additionally, the region's growth was also aided by the presence of reputable and creative manufacturers of adhesive equipment and a strong emphasis on upholding strict quality standards.

Region with highest CAGR

The market for adhesive-applying equipment in the European region is growing at the highest CAGR. The region's well-established manufacturing sectors, particularly in the automotive, construction, and electronics industries, were a contributing factor to Europe's growth. The strong focus on sustainability and environmentally friendly adhesive solutions also helped the market expand in Europe. Additionally, the market's growth was accelerated by developments in technology and automation, as well as the presence of creative manufacturers of adhesive equipment.

Key players in the market

Some of the key players in Adhesive Applying Equipment market include Henkel, Nordson Corporation, Graco, Valco Melton, Dymax Corporation and Robatech.

Key Developments

In June 2023, Nordson Corporation today announced that it has entered into a definitive agreement to acquire ARAG Group and its subsidiaries in an all-cash transaction that values ARAG at an enterprise value of €960 million. Headquartered in Rubiera, Italy, ARAG is a global market and innovation leader in the development, production and supply of precision control systems and smart fluid components for agricultural spraying.

In January 2023, Henkel and Shell Chemical LP have agreed to a five-year collaboration to replace up to 200,000 tonnes of fossil feedstocks used in the manufacture of surfactants with feedstocks that are based on renewable raw materials. The renewable-based surfactants will be used in Henkel’s laundry product brands, including many varieties of Persil®, Purex® and all® brands. Surfactants are an ingredient in cleaning products that help lather and lift dirt.

In April 2022, Dan Dee International, a global leader in baby, pet, plush, and home décor products, and Graco, one of the world’s most recognised and trusted children’s products brands, have announced a new multi-year licensing agreement. Dan Dee has plans to help expand Graco with an extensive line of innovative play, activity, storage, and functional baby products for at-home and on-the-go, set to launch in North America in 2023.

Types Covered
• Adhesive Controllers
• Cold Glue Applicators
• Pneumatic Adhesive Applicators
• Application Guns
• Hot Melt Applicators
• Adhesive Dispensers
• Automated Adhesive Systems
• Other Types

Technologies Covered
• Solvent-based
• Water-based
• Pressure-sensitive
• Dispersions
• Other Technologies

Applications Covered
• Packaging
• Construction
• Disposable Hygiene Products
• Technical Textiles
• Automotive
• Electronics
• Furniture
• Lamination
• Industrial
• Commercial
• Residential
• Other Applications

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements