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2023 Plastic Adhesives Global Market | Insights, Industry Outlook, Growing Trends And Top Key Players H.B. Fuller Company, Henkel Corporation, 3M Company, Permabond LLC, Sika AG
Plastic Adhesives Market
As per the Plastic Adhesives market report by The Business Research Company, increasing demand for plastic adhesives from the construction sector coupled with the growth of the construction industry is anticipated to boost the demand for plastic adhesives market over the forecast period. In the construction sector, adhesives are used in 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 is expected to increase the demand for new residential and commercial buildings during the forecast period, thus increase 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.
The global plastic adhesives market size grew from $7.32 billion in 2022 to $7.99 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The plastic adhesives market size is expected to grow to $10.84 billion in 2027 at a CAGR of 7.9%.
Read More On The Plastic Adhesives Market Report Here:
https://www.thebusinessresearchcompany.com/report/plant-based-protein-global-market-report
Major competitors in the Plastic Adhesives market include H.B. Fuller Company, Henkel Corporation, 3M Company, Permabond LLC, Sika AG, DowDuPont, Parker Hannifin Corporation, Master Bond Inc., Huntsman International Llc., Arkema, Adhesive Research Inc., BASF SE, Bostik, Buhnen, Dowdupont, Hexion, Lord Corporation, Mapei Spa, and Pidilite Industry Ltd.
The Plastic Adhesives market is segmented -
• By Resin Type: Epoxy, Polyurethane, Acrylic, Silicone, MMA, Cyanoacrylate, Other Resin Types
• By Technology: Solvent-based, Water-based
• By End-user: Automotive, Building and Construction, Electrical and Electronics, Medical, Packaging, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Plastic Adhesives market.
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Plastic adhesives refers to special type of adhesives used for binding plastic materials together such as polycarbonate, acrylic, styrene, and other plastics. It is used for fixing home appliances such as a computer, phones, audio appliances and for fixing car parts, electrical tubes, and others. Only goods and services traded between entities or sold to end consumers are included.
The Table Of Content For The Plastic Adhesives Market Include:
1. Executive Summary
2. Plastic Adhesives Market Characteristics
3. Plastic Adhesives Market Trends And Strategies
4. Plastic Adhesives Market - Macro Economic Scenario
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
The "Global Plastic Adhesives Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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