Solvent borne adhesives are the chemical compound obtained by combining thermoplastic, solvents and crosslinking polymer like acrylic and polyurethane. The solvent borne adhesives are dried and cured for making the bond stronger. The most common compounds used for solvent borne adhesives are found in various types such as reactive solvent based urethane adhesives, reactive solvent based acrylic adhesives, etc. It is applied by different industries such as packaging, construction, wood & furniture, etc.
MARKET DYNAMICS
The global solvent borne adhesives market is growing at a significant pace owing to driving factors such as increasing demand from furniture industry due to its high performance and durability. Furthermore, Increasing usage in pharmaeutical industry due to its excellent properties of extending shelf life and safety is likely to drive the demand for solvent borne adhesives in the coming years. However, high regulation on excessive usage of alfa hydroxy acids which can cause skin irritation is projected to hinder the growth of solvent borne adhesives market. Likewise, development of more cost effective ways for production of adhesives may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global solvent borne adhesives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the solvent borne adhesives market with detailed market segmentation by resin type, end-user industry, and geography. The global solvent borne adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading solvent borne adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global solvent borne adhesives market is segmented on the basis of resin type and end-user industry. On the basis of resin type, the market is bifurcated into, chloroprene rubber, poly acrylate (pa), sbc resin adhesives and other resin types. Based on end-user industry, the global solvent borne adhesives market is segmented into, building and construction, paper, board, packaging, woodworking and joinery, transportation, footwear, electrical and electronics and other end-user industries.
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 solvent borne adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The solvent borne 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 solvent borne adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during 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 solvent borne adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the solvent borne 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 market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from solvent borne adhesives solvent borne adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for high performance film in the global market. Below mentioned is the list of few companies engaged in the high performance film market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the high performance film 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
- Alfa International Corporation
- Arkema Group
- Ashland Inc.
- Avery Dennison Corporation
- Benson Polymers Ltd.
- Dupont De Nemours Inc.
- Everad Adhesives
- H.B. Fuller Company
- Henkel Ag & Co. Kgaa.