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Adhesives and Epoxy Dispensing Systems Market 2022 Share, Size, Business Growth, Industry Statistics, Trends and Regional Forecast to 2029
Adhesives and Epoxy Dispensing Systems Market Overview:The adhesive dispensing equipment is more flexible and faster than the manual technique used for applying adhesive to the manufacturing process, resulting in cost and time savings in the processing line. The market is expected to grow rapidly, owing to rising demand for finished high-quality goods. Furthermore, the growing demand for packaged foods, drinks, and products in urban areas has fueled the growth of the adhesive dispensing equipment market.
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The global adhesive dispensing system market is projected to grow at a CAGR of 2.9% to reach USD 1.81 billion by 2029, from USD 1.40 billion in 2020.
The demand for dispensing systems and equipment in developing countries such as India and China is driving the adhesive dispensing system market. The rise in disposable income and changing lifestyles are driving the growth of the dispensing system market, which in turn is influencing the adhesive dispensing equipment market. Furthermore, dispensing systems are more convenient and accurate in application than traditional systems, propelling the market for adhesive dispensing systems.
Adhesives and Epoxy Dispensing Systems Market Key Players
The study of the growth of the top market player for in the target sector includes new projects with speculative returns, innovations and study of the accessibility of companies. some of the profiled players are Adhesive Dispensing Ltd., Valco Melton, Henkel AG & Co. KGaA, Fishman Corporation, Nordson Corporation and Others
Recent Developments
May 12, 2020- VISCOTEC: Two-Component Adhesive Dispensing System
ViscoTec brand, has launched the compact eco-DUOMIX, a dispensing solution that can mix and dispense silicones, epoxy resins, polyurethanes, polyester resins, and acrylates.
February 15, 2021-Valco Melton introduces the new All-Electric EcoStitch™ Melter Series
The new EcoStitch™ melter series is Valco Melton's most intelligent, versatile, and technologically advanced adhesive melter. Innovative features include Ethernet IP integration, digital pressure control, adhesive usage data available on screen and full OEM integration with all digital based data.
Adhesives and Epoxy Dispensing Systems Market Segmentation:
Adhesives and Epoxy Dispensing Systems Market by Type, 2020-2029, (USD Billion), (Thousand Unit)
Manual
Automatic
Adhesives and Epoxy Dispensing Systems Market by End-User Industry, 2020-2029, (USD Billion), (Thousand Unit)
Electronics
Construction
Automotive
Packaging
Others
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Growth Factors:
Increasing demand from the Adhesives and Epoxy Dispensing Systems industries
The growing use of Adhesives and Epoxy Dispensing Systems in Chemical and Material Sectors.
Rising demand for products
Technological advancements in production processes
Growing applications in Adhesives and Epoxy Dispensing Systems Market
Market Dynamics
Because of the increasing importance of adhesive technology in assembly, there is a high demand for adhesive dispensing systems. Manufacturers and packaging plant operators are increasingly using adhesive dispensing systems to streamline operations and improve manufacturing output. Adhesive technologies are increasingly being used to join metal, plastic, ceramic, and composite parts in a variety of end-use industries, including automotive, aerospace, electronics, and semiconductor, construction, and defence. The widespread use of automation technology in a variety of end-use industries has increased demand for automated adhesive dispensing systems. During the forecast period, the packaging and labelling industry is expected to generate significant demand for adhesive dispensing systems.
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Adhesives and Epoxy Dispensing Systems Market Regional Analysis
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fiberglass Storage Tank (Fiberglass Tank) Professional in these regions, from 2022-2029, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Adhesives and Epoxy Dispensing Systems Market Trends
- The report identifies, determines, and forecasts the Global Adhesives and Epoxy Dispensing Systems Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Adhesives and Epoxy Dispensing Systems Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is expected to drive the Growth
- Rising Adoption of Market Segments in the Adhesives and Epoxy Dispensing Systems Growth
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Adhesives and Epoxy Dispensing Systems Market.
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Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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