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Water-based Adhesives Market Survey Report 2020 Along with Statistics, Forecasts till 2026
The Water-based Adhesives Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2026. The Water-based Adhesives market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands, and supply data (as applicable). The report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Water-based Adhesives Market study provides comprehensive data that enhances the understanding, scope, and application of this report.Top Companies in the Global Water-based Adhesives Market
Henkel, Sika, Bostik, RPM International, KCC, H.B. Fuller, 3M, Illinois Tool Works, Avery Dennison, Huntsman International, DowDuPont, Ashland, MAPEI, Akzo Nobel, Permabond, Dymax, LORD, Delo Industrie Klebstoffe, Franklin International, among others.
The global Water-based Adhesives Market is expected to reach approximately US$ 53.6 Billion by 2025 growing at a CAGR of 12.7% from 2020-2026.
Market Overview:
The water-based adhesives market consists of sales of water-based adhesives. Water-based adhesives are formulated either from natural polymers or soluble synthetic polymers which may be supplied as solutions or formulated as dry powders
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Market Insights:
The adhesives market growth is aided by stable economic growth forecast in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global real GDP growth will be 3.7% over 2019 and 2020, and 3.6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. For instance, India GDP is expected to grow at 7.3%, whereas China is forecast to register GDP growth of 6.2% in 2019. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period.
Global adhesives and sealants market is estimated to witness an average growth of 4 to 5% during the forecast period 2018 - 2025. Geographically, Asia Pacific is the largest market followed by North America and Western Europe. Western Europe, Central & Eastern Europe and Middle East Africa together account for slightly more than 35%. A growing middle class along with an increase in disposable income and improved standard of living in Asia-Pacific has generated a strong demand for adhesives and sealants.
Growth in the Asian countries has significantly outpaced North America and Western Europe and this trend is estimated to continue in near future. Asia-Pacific is the biggest market at global level in 2017 accounting for almost 40% of the global demand on account of increased adhesive use in athletic footwear and shoe manufacturing market and shift of the footwear manufacturing from North America and Europe to Asia-Pacific regions like China, India, Vietnam, South Korea and other South East Asian Countries. The demand for all types of adhesives and sealants in the Western Europe has been relatively weaker due to more challenging economic conditions. In another major restructuring event; United Kingdom has opted for a hard exit from the European Union, opening speculations and debates on new trade policies in the European Union. The UK is on course to leave the union in March 2019. The U.K. is now renegotiating its future trade relations and planning for two year "transition" period to smooth the way to post-Brexit relations. The ongoing recovery in the North American building & construction sector is likely to push the demand for adhesives and sealants in the mid-term forecast.
The Water-based Adhesives market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Water-based Adhesives Market on the basis of Types are
Polyvinyl Alcohol, Vinyl Acetate, Acrylic, Other
On The basis Of Application, the Global Water-based Adhesives Market is Segmented into
Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation
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Regions Are covered By Water-based Adhesives Market Report 2020 To 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Water-based Adhesives Market
-Changing Water-based Adhesives market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Water-based Adhesives market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Water-based Adhesives Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Water-based Adhesives market:
- What are the recent developments and government policies?
- Why might we forecast a downturn in a particular economy next year?
- Why do we say a currency is set to appreciate?
- What countries and sectors offer the highest potential?
- Where are the greatest dangers?
The report has 150 tables and figures browse the report description and TOC
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All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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