Press release
Water-Based Adhesive Market to Grasp Outstanding Growth of USD 87.74 Billion by 2030
Data Bridge Market Research analyses that the water-based adhesive market is expected to reach USD 87.74 billion by 2030, which is USD 37.26 billion in 2022, registering a CAGR of 11.30% during the forecast period of 2023 to 2030.Keeping in mind the customer requirement, the finest Water-based Adhesive Market research report is constructed with the professional and in-depth study of Water-based Adhesive Market industry. Market segmentation studies conducted in this report with respect to product type, applications, and geography are valuable in taking any verdict about the products. This market report serves the purpose of businesses of making enhanced decisions, deal with marketing of goods or services, and achieve better profitability by prioritizing market goals. With the use of up to date and proven tools and techniques, complex market insights are organized in simpler version in the first class Water-based Adhesive Market business report for the better understanding of end user.
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Market Definition
Water-based adhesives are those adhesives that are formulated either from soluble synthetic polymers or natural polymers. These adhesives may be formulated as dry powders or supplied as solutions. The water-based adhesives use a combination of water, additives and polymers, perfect for both non-porous and porous substrates.
Some of the major players operating in the water-based adhesive market are:
Henkel AG and Co. KgaA (Germany)
H.B. Fuller (U.S.)
Arkema (France)
3M (U.S.)
Dow (U.S.)
Ashland (U.S.)
Coim Group (Italy
Vimasco Corporation (U.S.)
Flint Group (U.S.)
DIC Corporation (Japan)
L.D.Davis (U.S.)
Weilburger (Germany)
Dural Industries (Germany)
Bond Tech Industries (Canada)
SAPICI S.p.A (Italy)
Merck KGaA (Germany)
Bayer AG (Germany)
Dupont (U.S.)
Illinois Tool Works Inc. (U.S.)
MAPEI S.p.A. (Italy)
PPG Industries (U.S.)
Bostik (France)
Sika AG (Switzerland)
Pidilite Industries Ltd. (India)
Akzo Nobel N.V. (Netherlands)
Franklin International (U.S.)
WATER-BASED ADHESIVE MARKET DYNAMICS
Drivers
High usage of water-based adhesive in packaging adhesive tapes
The widespread use of water-based adhesive in applications including heavy-duty carton sealing, gift wrapping, and decoration, these adhesives are in high demand. These adhesives are used for the production of tapes and labels. Packaging for medicine delivery systems, shipping packaging for building materials, packaging for automotive and logistics, and packaging for consumer and industrial goods contribute to the market's growth. Therefore, the packaging adhesive tapes market is one of the major factor for the growth of market.
Opportunities
Increasing adoption of internet of Things (IoT) technology
In order to get real-time data and locate gaps in the manufacturing process, many adhesive firms are implementing Internet of Things (IoT) technology to connect machinery and smart devices. Plant managers and senior management process, analyse, and interpret the data to improve quality and reach ideal production levels. For instance, smart systems provide data on the operation and performance of chemical reactors with embedded analytics capabilities to alert plant managers and operators of potential machine failures. Examples of significant businesses implementing IoT include The Dow Chemical Company, BASF SE and H.B. Fuller. Therefore, increasing adoption of internet of Things (IoT) technology is expected to create numerous opportunities for the growth of the market during the forecast period.
Restraints/ Challenge
Slower drying nature of water-based adhesives
The main problems with water-based adhesives are their slower drying tendency at low temperatures. The drying process requires a lot of time and could cause a delay in the work process because water is so volatile. For instance, Henkel and other businesses produce Technomelt adhesives, which are hot melt adhesives utilized in the furniture and automobile industries because they dry quickly. As a result of this, the development of water-based adhesives is being constrained by their shorter drying period.
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GLOBAL WATER-BASED ADHESIVE MARKET SCOPE
The water-based adhesive market is segmented on the basis of type of resin, product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type of Resin
Acrylic Polymer Emulsion (PAE)
Polyvinyl Acetate (PVA) Emulsion
Vinyl Acetate Ethylene (VAE) Emulsion
Styrene Butadiene (SB) Latex
Polyurethane Dispersion (PUD)
Product Type
Vinyl Acetate Adhesives
Starch/Dextrin Adhesives
Rubber Latex Adhesives
Protein/Casein Adhesives
Other Product Types
Application
Tapes and Labels
Paper and Packaging
Building and Construction
Automotive and Transportation
Other Applications
Consumer and DIY
Leather and Footwear
Sports and Leisure
Assembly
WATER-BASED ADHESIVE MARKET REGIONAL ANALYSIS/INSIGHTS
The water-based adhesive market is analyzed and market size insights and trends are provided by country, type of resin, product type and application as referenced above.
The countries covered in the water-based adhesive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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https://jeunesexpress.ca/2023/04/18/le-marche-des-equipements-forestiers-fournit-des-informations-sur-la-croissance-historique-lanalyse-les-opportunites-et-les-previsions-jusquen-2028/
https://jeunesexpress.ca/2023/04/18/taille-du-marche-croissance-historique-analyse-opportunites-et-previsions-jusquen-2028/
https://jeunesexpress.ca/2023/04/18/le-marche-europeen-des-joints-et-des-joints-comprend-les-developpements-et-les-innovations-des-principaux-moteurs-de-croissance/
https://jeunesexpress.ca/2023/04/18/potentiel-incroyable-et-croissance-de-lindustrie-des-marches-du-chlore-et-de-lalcali-au-moyen-orient-et-en-afrique-dici-2030/
https://jeunesexpress.ca/2023/04/18/demande-croissante-du-marche-des-plastifiants-sans-phtalates-en-europe-principaux-acteurs-analyse-detaillee-tendances/
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http://www.blogsasuna.com/sin-categoria/perspectivas-de-crecimiento-del-mercado-de-agricultura-vertical-de-asia-pacifico-y-escenarios-futuros-por-jugadores-clave-hasta-2030/1250691/
http://www.blogsasuna.com/sin-categoria/analisis-de-mercado-de-herbicidas-acuaticos-de-america-del-norte-por-canal-de-distribucion-region-y-pronostico-para-2029/1250692/
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