Industrial adhesives are defined as such adhesives which helps to bond substrates with the help of adhesion and cohesion. Such adhesives are extensively used across diversified industrial bases including packaging, building and construction and others. Such types of adhesives are quite user-friendly and helps to permanently bond similar and dissimilar substrates. The surge in demand for industrial adhesives is attributable to strict environmental regulations leading to the increased use of water-based adhesives as compared to solvent-based in the various end use industries.
MARKET DYNAMICS
The industrial adhesives market has witnessed a significant growth owing to factors such as rapid growth of packaging, construction, and transportation indsutries. Moreover, technological advancements across various end use industries provides a huge market opportunity for the key players operating in the industrial adhesives market. However, fluctuations in the price of raw material may hamper the overall growth of the Industrial adhesives market.
MARKET SCOPE
The "Global Industrial Adhesives Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial adhesives market with detailed market segmentation by material base, composition, type and end-use industry and geography. The global industrial adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading industrial adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global industrial adhesives market is segmented on the basis of material base, composition, type and end-use industry. Based on material base, the global industrial adhesives market is divided synthetic and natural. On the basis of composition, the industrial adhesives market is segmented into acrylic, vinyl, epoxy resins, polyolefin polymers, rubber, amine-based resins and others. On the basis of type industry, the industrial adhesives market is segmented into water-based adhesives, solvent-based adhesives, hot-melt adhesives, pressure sensitive adhesives and others. On the basis of end-use industry, the industrial adhesives market is segmented into pressure sensitive products, packaging industry, construction and woodworking industry, transportation industry and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial adhesives market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Industrial adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Industrial adhesives market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Industrial adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the Industrial adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from industrial adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial adhesives in the global market. Below mentioned is the list of few companies engaged in the industrial adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the industrial adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M Company
- BASF SE
- E. I. Du Pont De Nemours and Company
- H. B. Fuller
- Henkel AG and Company, KGaA
- Huntsman Corporation
- Pidilite Industries Limited
- Sika AG
- Solvay Group
- The DOW Chemical Company
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