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Plastic Adhesives Market: Size And Trends Shows A Rapid Growth By 2031 - H.B. Fuller Company, Henkel Corporation, 3M Company, Permabond LLC, Sika AG
The global plastic adhesives market report by the business research company increasing demand for plastic adhesives from the construction sector to be a major growth driver for the plastic adhesives market. In the construction sector, adhesives are used in the adhesion of ceramic tiles, carpet laying, manufactured housing and prefabricated housing, fixing of vinyl or resilient flooring, pre-finished panels, fixing roof titles or systems, fixing floor or drywall lamination, and other applications. Economic growth and a rapidly growing urban population are expected to increase the demand for new residential and commercial buildings during the forecast period, thus increasing the demand for adhesives. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. According to a report by PwC, around 60% of the world population is expected to live in cities by 2030. This rapid urbanization is expected to boost the demand for infrastructure and drive the adhesives market going forward.The global plastic adhesives market size is expected to grow from $6.71 billion in 2021 to $7.27 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The global plastic adhesives market size is expected to grow to $9.75 billion in 2026 at a CAGR of 7.6%.
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The Asia Pacific was the largest region in the plastic adhesives market in 2021. The regions covered in the global plastic adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major players in the organic food market are H.B. Fuller Company, Henkel Corporation, 3M Company, Permabond LLC, Sika AG, DowDuPont, Parker Hannifin Corporation, Master Bond Inc., Huntsman International Llc., and Arkema.
The global plastic adhesives market is segmented -
1) By Resin Type: Epoxy, Polyurethane, Acrylic, Silicone, MMA, Cyanoacrylate, Other Resin Types
2) By Technology: Solvent-based, Water-based
3) By End Userr: Automotive, Building and Construction, Electrical and Electronics, Medical, Packaging, Other End-Users
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The Plastic Adhesives Market Report Contents Include
1. Executive Summary
2. Plastic Adhesives Market Characteristics
3. Plastic Adhesives Market Trends And Strategies
4. Impact Of COVID-19 On Plastic Adhesives
5. Plastic Adhesives Market Size And Growth
....
28. Key Mergers And Acquisitions In The Plastic Adhesives Market
29. Plastic Adhesives Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the plastic adhesives market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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