Emulsion Adhesives Market Revenue Continues to Dominate with CAGR of 5.5% To 2026 | Key Players- Wacker Chemie, Arkema (Bostik), Ashland Inc., DOW, Henkel, H.B. Fuller
The study is segmented distinctly according to the various aspects of this market. It also evaluates the current scenario and the future of the market by using the forecast horizon. The forecast is formulated based on the volume and revenue of this market. The tools used for analyzing the Global Emulsion Adhesives Market research report include SWOT analysis.
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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 Key players in the Emulsion Adhesives Market include Wacker Chemie, Arkema (Bostik), Ashland Inc., DOW, Henkel, H.B. Fuller, Franklin International, Lord Corporation, Mapei S.P.A., 3M Company, Pidilite Industries Ltd.
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 ; 2016-2026)
Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)
o Paper & Packaging
o Automotive & Transportation
o Tapes & Labels
Resin Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)
o Acrylic Polymer Emulsion
o Polyvinyl Acetate (PVA) Emulsion
o Vinyl Acetate Ethylene (VAE) Emulsion
o SBC Latex
Regional Outlook (Revenue in USD Million; 2016-2026)
o North America (United States, Canada and Mexico)
o Europe (Germany, France, UK, Russia and Italy)
o Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
o South America (Brazil, Argentina, Colombia)
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APAC is anticipated to witness the highest CAGR of 5.8% during the forecast period. Countries like India and China have developed as global manufacturing centers for construction, packaging, automobile, and several other sectors. The majority of manufacturing activities in the APAC countries will boost the demand for adhesive films for packaging. This is anticipated to accelerate the growth of the global market size over the estimated period. The massive population growth and the approving regulations set by various regional governments in APAC are anticipated to have a positive influence on the manufacturing industry.
Further key findings from the report suggest
o The emulsion adhesives market is estimated to reach USD 21.47 Billion by 2026, at a CAGR of 5.5% during the forecast period.
o The application of these additives in paper and packaging accounts for the largest share of 29.3% of the market in 2018.
o The acrylic polymer emulsion resin segment is anticipated to witness the highest CAGR of 6.0% during the forecast period.
o The removable product is expected to witness a higher CAGR of 5.7% during the forecast period.
o Removable adhesives create a temporary bond that can be separated after months or years, without transmitting deposits. Removable adhesives are used in numerous applications such as retail gift labeling, surface protection, price marking labels, and window stickers.
o An adhesive is required to maintain high initial adhesion to be removable; however, the peel intensity should be low and not increase over time so that the adhesive can be efficiently removed.
o Various players are developing strategies to mark their presence in the industry.
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