Global Adhesives Market Opportunity Analysis and Industry Forecasts to 2022

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29 Sep, 2017, 13:15 BST

DUBLIN, September 29, 2017 /PRNewswire/ --

The "Adhesives Market - Global Opportunity Analysis and Industry Forecasts to 2022" report has been added to Research and Markets' offering.

The global adhesives market will grow at a CAGR of 4.5% during the forecast period to reach USD 53,503.0 million by 2022, driven by growing demand for consumer goods with rising urbanization & improving lifestyle; rising demands for hot melts adhesives; and growing automotive industry with rising demand for lightweight and low carbon emitted vehicles.

Further, growing demand from emerging economies and increasing need for eco-friendly, low VOC, & green sustainable adhesives offers significant opportunities for the growth of adhesives market during the forecast period. However, volatile raw material prices hamper the growth of this market to some extent.

Asia-Pacific region holds the major share in the global adhesives market, followed by Europe, and North America. The large share of this region is primarily attributed to the huge demand for adhesives in industrial manufacturing. In addition, rising industrialization; infrastructural developments, and increasing private & government investment in these sectors; rising demand for various consumer goods from large population base; growing income level; and rising urbanization are the other major factors propelling the growth of the Asia-Pacific adhesives market. Asia-Pacific region is also the fastest growing regional market in the global adhesives industry.

Scope of the report

Market by Type:

  • Non-Reactive Adhesives
  • Water based adhesives
  • Solvent based adhesives
  • Hot melt adhesives
  • Pressure sensitive adhesives
  • Reactive adhesives
  • Multi-part adhesives
  • One-part adhesives
  • Temperature curing adhesives
  • Moisture curing adhesives
  • UV curing adhesives

Market by Origin:

  • Natural
  • Synthetic
  • Acrylics
  • Polyvinyl acetate (PVAC)
  • Vinyl acetate-ethylene (VAE)
  • Polyurethane
  • Ethylene-vinyl acetate (EVA)
  • Polyethylene
  • Others

Market by Application:

  • Packaging industry
  • Construction industry
  • Automotive industry
  • Electronics & electrical industry
  • Furniture & laminates industry
  • Leather & footwear industry
  • Consumer/do-it-yourself
  • Medical industry
  • Others

Companies Mentioned

  • 3M (U.S.)
  • Arkema (France)
  • Avery Dennison (U.S.) Wacker Chemie AG (Germany)
  • Franklin International Inc. (U.S.)
  • H.B. Fuller (U.S.)
  • Henkel AG & Co. KGaA (Germany)
  • Huntsman Corporation (U.S.)
  • Illinois Tool Works Inc. (U.S.)
  • LORD Corporation (U.S.)
  • Royal Adhesives and Sealants (U.S.)
  • The Dow Chemical Company (U.S.)
  • Sika AG (Switzerland)

For more information about this report visit https://www.researchandmarkets.com/research/s6knpg/adhesives_market

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SOURCE Research and Markets