DISPERSION ADHESIVES MARKET ANALYSIS

Dispersion Adhesives MarketSize and Trends

MARKET DYNAMICS

Dispersion adhesives offers various economic and environmental benefits. Dispersion adhesives can be applied easily by using brush, roller, in beads, or by spraying. Dispersion adhesives offer rigid to semi-rigid bond lines, which makes it suitable for bonding wood & wood products, cardboard, paper, and corrugated paper. These adhesives facilitate higher processing speed with low production costs. Moreover, dispersion adhesives are environment friendly, as they are water based and emits low VOCs (volatile organic compounds). Thus, various advantages offered by dispersion adhesives is expected to drive demand for dispersion adhesives, thereby expected to drive growth of the market over the forecast period.

MARKET TRENDS

Dispersion adhesives are used in furniture industry for bonding of wood and wood-based materials. The growth of the furniture industry is expected to drive demand for dispersion adhesives from the furniture industry over the forecast period. For instance, according to the British Furniture Confederation, U.K.’s total consumer expenditure on furniture and furnishings reached US$ 19.4 billion in 2018, a rise by 10.5% from 2017.