The emulsion adhesives market is expected to reach USD 23.57 Billion by 2028, at a CAGR of 5.2% according to a new report by Reports and Data. Emulsion adhesives utilize water, which makes them eco-friendly. It is permissible to use them at high densities, which drives to enhance drying performance. With the use of these adhesives, the thin-film coating is feasible, which is compatible with a wide range of additives, this leads to various design opportunities. Emulsion adhesives are mostly employed for porous materials. They have broad applications, including woodworking, packaging, furniture, paper working, and labeling, among others. However, these adhesives have low adhesion to the substrate, weak resistance to humidity and water, and poor transparency. Nevertheless, the market for emulsion adhesives is expanding rapidly due to its low cost and reliable operation.
The report provides market estimations such as market size, market share, revenue growth, and CAGR, and market analysis for the forecast period of 2021-2028. The report also offers a comprehensive analysis of the competitive landscape with company profiles and product portfolios. To provide a deeper understanding of the global market, the report offers a statistical analysis of the global and local production and consumption ratio.
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Key companies in the report: Wacker Chemie, Arkema (Bostik), Ashland Inc., DOW, Henkel, H.B. Fuller, Franklin International, Lord Corporation, Mapei S.P.A., 3M Company, Pidilite Industries Ltd.
Rising global population has led to increasing number of construction and building activities across the globe, in turn, driving demand for materials and chemicals. Availability of advanced finishing materials, environmentally sustainable raw materials and chemicals, and growing progress of plastics industry has significantly contributed to the revenue growth of the market. Chemicals and materials industry is a crucial part of the world economy and produces over 70,000 products that are needed across various end-use industries. Consumer products such as soaps, detergents, and cosmetics, along with electronic gadgets, automobiles, and paints & cosmetics, among others are in high demand across the globe and are majorly dependent on various types of chemicals and materials. International corporations are actively engaged in developing sustainable products to reduce carbon emissions and pollution and ensure safe operations of the facilities. These key factors have significantly contributed to market revenue growth and is expected to continue to do so going ahead.
For the purpose of this study, Reports and Data have segmented the market on the basis of Product, Application, Resin, and region:
Product Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
Permanent
Removable
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
Paper & Packaging
Automotive & Transportation
Woodworking
Tapes & Labels
Others
Resin Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2018-2028)
Acrylic Polymer Emulsion
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
SBC Latex
Others
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Key companies are focused on mergers and acquisitions, joint ventures, collaborations, partnerships, product launches, brand promotions, and R&D activities among others to cater to growing global demand and gain a strong foothold in the market. The report also analyzes the presence of key companies, their ventures, and investment and funding opportunities in key regions of the world including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The study covers critical information and factual data about the Emulsion Adhesives industry along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. The report also covers SWOT analysis and Porter’s Five Forces analysis to offer better understanding of the competitive landscape of the global Emulsion Adhesives market.
Key Features of Global Emulsion Adhesives Market:
The report offers a deep insight into the market with expert data insights from the industry experts and analysts
Dedicated focus on market growth and restraining factors
Thorough analysis of the market segments includes product types, application spectrum, technology, end-user, and other key segments
Current and emerging market trends and growth prospects
A detailed market forecast covering 8 years from 2021 to 2028
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