Water-based Adhesive Market 2019 Global Key Leaders: AkzoNobel, H.B. Fuller, Pidilite Industries Limited, Sika, 3M, Mapei, ITW, Henkel, DowDuPont, Ashland, Bostik, Dymax Corporation, AkzoNobel, SCIGRIP Smarter Adhesive Solutions, Franklin International

The report provides a comprehensive analysis of the water-based adhesive market sales by showing all the figures in the historic and base year while also showing what the approximate figures are going to be in the forecast years of 2019-2026.

The report also provides with a deep explanation on what the market definition, classifications, applications, and engagements are. By making it clear on how the key players and brands are moving in terms of their sales, import, export and revenue and what their actions are in terms of their recent product launches, their researches, their joint ventures, merges, and accusations.
The report consists with all the company profiles along with the market drivers and restrains with the help of SWOT analysis.

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Market Analysis: Global Water-based Adhesive Market

Global water-based adhesive market was valued at an estimated USD 15.05 billion in 2018; this value is expected to grow with a CAGR of 5.97% in the forecast period of 2019-2026, resulting in a projected market value of USD 23.93 billion by 2026. This rise of market value can be factored to the growth in demand for environmental friendly adhesives.

Key Market Competitors: Global Water-based Adhesive Market

Few of the major competitors currently working in the water-based adhesive market are Bostik, Ashland, DowDuPont, Henkel AG & Co. KGaA, Illinois Tool Works Inc., MAPEI S.p.A., 3M, Sika AG, Pidilite Industries Ltd., H.B. Fuller Company, Permabond LLC, DELO Industrial Adhesives, Akzo Nobel N.V., SCIGRIP, Franklin International, Reynolds Co., Dymax Corporation, LORD Corporation, Jowat SE, Sealock Ltd, KLEIBERIT, Faclcon Chemicals LLC., Paramelt, PPG Industries Inc. and ARDEX Group.

Market Drivers:

• Enhanced characteristics such as durability, flexibility, and economically efficient are factors driving the market growth

• Increased demand for lightweight and low pollution emitting vehicles; this factor is expected to act as a driver for the market growth

Market Restraints:

• Reduced shelf-life, inability to store the product over a long period of time; this factor is expected to act as a restraint to the market growth

• Vulnerable raw material prices is also expected to act as a restraint to the market growth

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Segmentation: Global Water-based Adhesive Market

• By Resin Type
1. Styrene Butadiene (SB) Latex
2. Polyvinyl Acetate (PVA) Emulsion
3. Vinyl Acetate Ethylene (VAE) Emulsion
4. Acrylic Polymer Emulsion (PAE)
5. Polyurethane Dispersion (PUD)
6. Others
 Vinyl Acetate Acrylates (VAA)
 Polyvinylpyrrolidone
 Cellulose Ethers
 Methylcellulose
 Modified Silyl
 Butadiene-Acrylonitrile
 Dextrin/Starch-based Adhesives
 Casein
 Polychloroprene Adhesives

• By Application
1. Paper & Packaging
2. Woodworking
3. Tapes & Labels
4. Automotive & Transportation
5. Building & Construction
6. Others
 Consumer & Do-It Yourself (DIY)
 Assembly
 Leather & Footwear
 Sports & Leisure

• By Geography
1. North America
2. South America
3. Europe
4. Asia-Pacific
5. Middle East and Africa

Key Developments in the Market:

• In September 2017, H.B. Fuller Company announced that they had agreed to acquire Royal Adhesives and Sealants. This acquisition is in coordination with H.B.’s growth and expansion strategies due to the expertise of Royal Adhesives’ in high-quality adhesives and sealants.

• In March 2017, H.B. Fuller Company announced that they had inaugurated a new R&D center along with an operational center at Shirwal, India on their manufacturing facility.

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This release was published on openPR.