Industrial Adhesive Market Size, Share, Growth, Trends and Forecasts to 2023

Posted by Moin Patni on March 5th, 2019

Industrial Adhesive Market Overview:

Industrial Adhesives are used to bond substrates via adhesion (surface bonding) and cohesion (internal strength). Industrial adhesives can be used in various applications from packaging to be building and construction. These adhesives are user-friendly and allow permanent assembly of similar and dissimilar substrates. For instance, hot-melt or spray adhesives can be used to bond fabric to wood, plastic, or metal, thus avoiding the need for stitching. The increasing demand for industrial adhesives can be attributed to stringent environmental regulations resulting in the use of water-based adhesives instead of solvent-based in the construction, aerospace, and automotive industries.

Industrial Adhesives Market is growing with the spontaneous pace; mainly due to the burgeoning construction and packaging industries. According to a recent study report published by the Market Research Future, the global market of industrial adhesives is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2018 – 2023).

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Industrial Adhesive Market Key Players:

Henkel AG & Co. KGaA, H.B. Fuller, The Dow Chemical Company, Sika AG, Cytec Industries Inc, Hitachi Chemical Co, Avery Dennison, Bostik SA, RPM international Inc, and Wacker Chemie AG are some of the prominent players at the forefront of competition in the Global Industrial Adhesive Market and are profiled in MRFR Analysis.

Industrial Adhesive Market Segments:

For the convenience of the report and enhanced understanding; The Industrial Adhesive Market is segmented in to 3 key dynamics.

Segmentation by Application:

Comprises automobile, construction, electronics and electrical, personal utilities, Medical devices.

Segmentation by Types:

Comprises Acrylic, Polyvinyl Acetate, Epoxy, Polyurethane and Ethyl Vinyl Acetate and other.

Segmentation by Regions:

Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Industrial Adhesives Market Regional Analysis:

Geographically, Asia Pacific region holds the major portion of global industrial adhesives market. China is the leading country in the region owing to growing production capacity and infrastructure facilities in heavy end-use industries. Increasing demand for industrial adhesives in packaging, construction, wood & furniture, and automotive has boosted the market demand in Japan, and India.

North America has witnessed a significant growth owing to increasing consumption of adhesives and this has led to a surge in the demand for the product in construction industries. A remarkable growth has been witnessed by the European region due to increasing demand for the product in automotive, construction, and other sectors. Additionally, due to growing research & development activities and innovations about the product, the market is projected to grow at a higher CAGR in Europe over the forecast period.

On the other hand, the growing popularity of adhesives and their boundless use in major industries is projected to boost the market growth over the assessment period.

The growth of end-use industries in China is expected to drive product demand in Asia-Pacific.

Industrial Adhesive Market Table of Content:

1 Executive Summary

2 Scope of the Report

3 Market Research Methodology

4 Market Landscape

5 Industry Overview of Global Industrial Adhesive Market

Industrial Adhesive Market Table of Content to be Continue……,

Complete List of Tables and Figures @ https://www.marketresearchfuture.com/reports/industrial-adhesive-market-1927

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Moin Patni

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Moin Patni
Joined: February 20th, 2018
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