Press release
Demand for Water-Based Adhesives Is Predicted To Expand At A CAGR Of 7.7% by 2033
Water-based adhesives are made from natural or soluble synthetic polymers. They are either made from man-made or natural materials. Some essential techniques, such as thermal bonding, mechanical fastening, and sewing, also use water-based adhesive solutions. Sticky tac, adhesive tapes, and glue are applied to make envelopes, bookbinding, stamps, consumer & assembly applications, and labelling soft drinks.
Water-based contact adhesives are chemical compounds that are used to develop polymer, water, and other adhesives. They are available not only in powder but also in liquid form.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:- https://www.factmr.com/connectus/sample?flag=S&rep_id=8299?PJ
Water-based adhesives are used to bond multiple substrates in different applications, including building & construction, tapes & labels, automotive & transportation, woodworking, and paper & packaging. These adhesives are wet bonding, thus at least one component must be water permeable that allows water to escape from the bond line. Owing to quick settling time and flexibility,
water-based adhesives are widely used in heavy-duty & medium carton sealing, general purpose repair, gift wrapping & decoration, stationery, and bundling & strapping. The economic efficiency and durability of water-based adhesive solutions are predicted to contribute to increased product demand over the coming years. Rising demand for low pollution causing and lightweight vehicles is yet another significant factor that is driving market growth.
However, shortened shelf life along with the inability to store different products for a comparatively longer duration are some pivotal factors that can obstruct the adoption of water-based adhesives over the coming years.
Slower freezing and drying at low temperatures are noticeable issues related to water-based adhesives. Owing to the volatile characteristics of water, the process of drying takes longer and the work procedure can be delayed, which can further limit expansion opportunities in the target market.
Key Takeaways from Market Study
โข The water-based adhesives market is estimated to reach a value of US$ 42 billion by 2033.
โข Global demand for water-based adhesives is anticipated to increase at a CAGR of 7.7% through 2033.
โข The value of the global market is US$ 20 billion in 2023.
โข Demand for water-based adhesives in Canada is forecasted to advance at a CAGR of 6.4% through 2033.
โข The market in Germany is predicted to expand at a CAGR 5.8% through 2033.
"Shifting consumer demand for sportswear owing to increasing sports activities to improve fitness and health will have a positive impact on the global water-based adhesives market," says a Fact.MR analyst.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข 3M
โข Ardex
โข Akzo Nobel N.V. (Netherlands)
โข Bayer Material Science
โข Arkema (Bostik)
โข Alfa International Corporation
โข Avery Dennison Corporation
โข Ashland Inc.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: https://www.factmr.com/connectus/sample?flag=RC&rep_id=8299?PJ
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
โข By Type :
โข Acrylic Polymer Emulsion
โข Polyvinyl Acetate Emulsion
โข Polyurethane Dispersion
โข Vinyl Acetate Ethylene Emulsion
โข Styrene Butadiene Latex
โข Others
โข By Application :
โข Tapes & Labels
โข Paper & Packaging
โข Building & Construction
โข Woodworking
โข Automotive & Transportation
โข By Region :
โข North America
โข Europe
โข Asia Pacific
โข Latin America
โข Middle East & Africa
Winning Strategy
Mergers and acquisitions are commonly adopted by industry players to gain a competitive edge in this market.
For instance,
โข Pidilite Industries is an Indian adhesives manufacturing company. In November 2020, it acquired Huntsman Corporation. Through this acquisition, Araldite is predicted to add to Pidilite Industries' already strong portfolio in adhesives and sealants. Huntsman Corporation is a manufacturer and marketer of various chemical products for industrial customers and other consumers.
โข Some of the prominent manufacturers of water-based adhesives are 3M, Akzo Nobel N.V. (Netherlands), Alfa International Corporation, Ardex, Arkema (Bostik), Ashland Inc., Avery Dennison Corporation, and Bayer Material Science.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/8299
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global water-based adhesives market for the period of 2023 to 2033.
The study divulges essential insights into the market on the basis of type (acrylic polymer emulsion, polyvinyl acetate emulsion, polyurethane dispersion, vinyl acetate ethylene emulsion, styrene butadiene latex, others) and application (tapes & labels, paper & packaging, building & construction, woodworking, automotive & transportation, others), across five major regions (North America, Europe, Asia Pacific, Latin America, and MEA).
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.prnewswire.com/news-releases/rising-adoption-of-bio-based-plastic-to-propel-oleochemicals-sales-past-us-48-61-bn-by-2032--301588694.html
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