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