Adhesive Equipments Market by Product Type (Adhesive Pump Systems, Adhesive Melters, Adhesive Pattern Controllers, Adhesive Hoses, Applicators, Application Guns) by Application (Technical Textiles, Construction, Packaging, Lamination) 2018 - 2023

GLOBAL ADHESIVE EQUIPMENTS MARKET was valued at USD 30.56 Billion in the year 2017. Global Adhesive Equipment Market is further estimated to grow at a CAGR of 5.13% from 2018 to reach USD 41.26 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds the notable market share in 2017 and it is projected to grow in the coming years.

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Dymax Corporation (U.S), Graco Inc. (U.S), Adhesive Packaging, LLC. (U.S), Hernon Manufacturing Inc. (U.S), Nordson Corporation (U.S), Atlas Copco IAS GmbH (Sweden), Ashland Global Holdings Inc. (U.S), H.B. Fuller Company (U.S), Glue Machinery Corporation (U.S), 3M Co. (U.S), are some of the key players in the Adhesive Equipment Market with Coherent, Inc. holding the substantial market share because of its better technological advancements and global reach. Technological upgradation cater to changing demand of end users. Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in the last 5 years.

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Drivers:

• Growing demand for disposable hygiene goods in society

Restraints:

• Evolving Consumer Necessities

Opportunities:

• Growing demand for Adhesive Equipment across numerous applications

Challenges:

• High research and development expenditure

Segmentation done on the basis of Application type includes Technical Textiles, Construction, Packaging, Lamination and Disposable Hygiene Products (DHP) of which the Packaging segment is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of Product Type includes Adhesive Pump Systems, Adhesive Melters, Adhesive Pattern Controllers, Adhesive Hoses, Applicators and Application Guns of which Applicators segment is expected to grow at the XX% CAGR during the forecast period.

Key Benefits for Stakeholders

• Adhesives Equipment Manufacturers, Distributors and Retailers
• Raw material suppliers,
• Research and Consulting Firms
• End-use industries.

By Product Type

• Adhesive Pump Systems
• Adhesive Melters
• Adhesive Pattern Controllers
• Adhesive Hoses
• Applicators
• Application Guns
• Others

By Application

• Technical Textiles
• Construction
• Packaging
• Lamination
• Disposable Hygiene Products (DHP)
• Others

By Industry Vertical

• Furniture and Woodworking
• Packaging
• Textiles
• Automotive
• Building and Construction
• Others

By Region

• North America
• Europe
• Asia-Pacific
• ROW

Key Market Players

• Dymax Corporation
• Graco Inc.
• Adhesive Packaging, LLC.
• Hernon Manufacturing Inc.
• Nordson Corporation
• Atlas Copco IAS GmbH
• Ashland Global Holdings Inc.
• H.B. Fuller Company
• Glue Machinery Corporation
• 3M Co.

(Another brief information of 10 companies will be provided in the report)

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This release was published on openPR.