Polyester Adhesives Market Expand at the Fastest CAGR of 5.1% by 2023

Global industry analysis

The Polyester Adhesives Market is expected to grow at a CAGR of 5.1% during the forecast period (2020-2023). Polyester adhesives are used to bond various substrates such as metals, plastics, rubbers, woods, and textiles.

Adhesives are substances applied to the surfaces of various materials to hold them together. Synthetic adhesives made from saturated or unsaturated polymers are known as polyester adhesives. These adhesives are known as multi-component adhesives because they combine and cure two or more chemically reactive components.

Acetone or acetone and alcohol are used as solvents in polyester adhesives, using organic peroxides or hydroperoxides as curing initiators, tertiary amines or cobalt salts as curing catalysts, and diluents as diluents. Mix the components of the polyester glue together immediately before use. The adhesive has a pot life of a few minutes to several hours and is a lightly colored or colorless liquid composition without the use of thinners.

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Polyester adhesives ensure high adhesion to metals, rubber, wood, plastics such as silica, organic glass and other materials. The adhesive bond is resistant to weak acids and salt solutions as well as water, petrol and mould.

The applications of polyester adhesives are widely used in the manufacture of optical products, furniture, and are also widely used in the construction industry. Polyester products, called polyester hot melt adhesive films, are designed to have excellent adhesion to a wide variety of fabrics and plastics. It features heat resistance, high adhesive strength and excellent chemical resistance.

This film is not suitable for stiff hands and generally requires elasticity. It is a widely used adhesive with good adhesion, excellent wash resistance and fast curing time. Polyester tape is used to tape narrow-cut paper.

The market demand for polyester products is particularly high due to applications in the construction and furniture industries. The construction industry is growing worldwide, especially in developing countries with large construction markets such as India and China. They use a lot of polyester glue. The market for this product is growing and is expected to continue growing in the coming years.

There is a constant demand for this product in the market as it is needed for furniture in every household around the world and there are no extremely strict policies against its use as it does not significantly harm the environment. Other end users of this product are the textile, footwear, automotive and product assembly industries.

Due to the growth of these industries, the market for polyester adhesives is not expected to decline in the coming years. Some companies have applied for patents on the processes used to manufacture these products.

The main market segments for this product include North America, Europe, Asia Pacific and the Rest of the World (RoW). The Asia-Pacific region has the highest market demand for polyester adhesives due to growth in the textile and construction industries. The United States is one of the largest suppliers of raw materials needed to manufacture polyester adhesives.

Europe is also one of the largest car manufacturers in the world, so there is a high demand for this product in the market. Because polyester coatings do not pose particular environmental concerns, European and American governments do not have extremely strict policies against their use. The still developing RoW sector in construction also has a large market for polyester adhesives.

Some of the major companies profiled for this product are The Dow Chemical Company, ABP International, EY Technologies (a division of Pascale Industries Ltd.), Rayven, Axson Technologies and Evonik Industries.

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The main regions assessed in this report are:

• North America
• US
• Europe
• France, Germany, Italy, Spain, Great Britain
• Eastern Europe
• APAC
• Japan
• Australia
• American Latina
• Argentina
• Brazil
• Others

Main features of this report

• Drivers, restraints and challenges shaping the dynamics of the Polyester Adhesives Market
• Latest innovations and major events in the industry
• Analysis of trading strategies of top players.
• Polyester Adhesives Market Estimates and Forecasts (2015-2021)

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Related Reports -

Silicone Sealants Market: https://www.persistencemarketresearch.com/market-research/silicone-sealants-market.asp
Hot Melt Adhesives Market: https://www.persistencemarketresearch.com/market-research/hot-melt-adhesives-market.asp

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