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Water-Based Adhesives Market Outlook 2024-2033 Industry Share, Revenue, Key Players, CAGR, Demand And Forecast
Water-Based Adhesives Market
The Business Research Company's Water-Based Adhesives Global Market Report 2024 identifies growing construction industry as the major driver for the Water-Based Adhesives market's growth in the forecast period. The construction industry refers to a broad sector of the economy that encompasses the planning, design, development, construction, renovation, and maintenance of physical structures and infrastructure. Increasing construction activities have increased the demand for waterborne coatings in the construction sector, including residential and commercial buildings, infrastructure projects, and real estate development.
The water-based adhesives market size has grown rapidly in recent years. It will grow from $41.61 billion in 2023 to $46.32 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to reduced health risks, packaging industry growth, woodworking and furniture production, consumer demand for sustainable products.The water-based adhesives market size is expected to see rapid growth in the next few years. It will grow to $69.61 billion in 2028 at a compound annual growth rate (CAGR) of 10.7%.
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Major competitors in the Water-Based Adhesives market areBrookdale Senior Living Inc., Sunrise Senior Living, Atria Senior Living Group, Life Care Centers of America, Erickson Living.
A key trend in the Water-Based Adhesives market includes technological advancement . Major players are adopting advanced technologies to strengthen their positions.For example, YPoint Analytics, a global big data, analytics, and artificial intelligence company offers senior care analytics services combining big data and advanced analytics using sensor data, medical device data, and medical history data mining. It enables data-driven analysis, deep insights, smart care decisions, and care intelligence. In addition, IBM, an American multinational technology corporation offers big data analytics software for senior care that can consolidate the sensor information along with clinical and operational data on the residents.
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The Water-Based Adhesives market is segmented -
•By Type of Resin: Acrylic Polymer Emulsion (PAE), Polyvinyl Acetate (PVA) Emulsion, Vinyl Acetate Ethylene (VAE) Emulsion, Styrene Butadiene (SB) Latex, Polyurethane Dispersion (PUD)
• By Product Type: Vinyl Acetate Adhesives, Starch/Dextrin Adhesives, Rubber Latex Adhesives, Protein/Casein Adhesives, Other Product Types
•By Application: Tapes & Labels, Paper & Packaging, Building & Construction: Automotive & Transportation, Other Applications (consumer & DIY, leather & footwear, sports & leisure, and assembly)
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Water-Based Adhesives market.
The Business Research Company's "Global Water-Based Adhesives Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Water-Based Adhesives Market Include:
1. Executive Summary
2. Water-Based Adhesives Market Characteristics
3. Water-Based Adhesives Market Trends And Strategies
4. Water-Based Adhesives Market - Macro Economic Scenario
5. Global Water-Based Adhesives Market Size and Growth
............
31. Global Water-Based Adhesives Market Competitive Benchmarking
32. Global Water-Based Adhesives Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Water-Based Adhesives Market
34. Water-Based Adhesives Market Future Outlook and Potential Analysis
35. Appendix
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