Global Solvent-Based Adhesives Market Comprehensive Study: Forecasted Market Size And Growth Rate |3M Company, Alfa International Corporation, Arkema Group, Ashland Inc., Avery Dennison Corporation, Everad Adhesives SAS, DuPont de Nemours Inc., H.B. Fulle

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Solvent-Based Adhesives Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The solvent-based adhesives market size has grown strongly in recent years. It will grow from $14.24 billion in 2023 to $15.04 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to industrial applications, wide substrate compatibility, fast drying time, long shelf life.

The solvent-based adhesives market size is expected to see strong growth in the next few years. It will grow to $18.47 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to automotive industry growth, construction and infrastructure development, electronic components, renewable energy. Major trends in the forecast period include hybrid adhesives, high-temperature resistance, custom formulations, packaging innovations.

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Market Segmentation:
The main types of solvent-based adhesives market are polyurethane, styrenic block, and ethyl vinyl acetate. Ethylene vinyl acetate (EVA) is a copolymer made up of ethylene and various quantities of vinyl acetate. The solvent-based adhesives are used in paper and packaging, building and construction, woodworking, automotive and transportation, and other sectors that are distributed through direct sales and distributors.

Major Driver - Solvent-Based Adhesives Market Driven By Demand For Lightweight Automobiles
The solvent-based adhesives market is expected to benefit from growth in the automobile manufacturing industry during the forecast period. There is a drive for the production of lightweight automobiles, which is leading to an increase in demand for adhesives and sealants. These adhesives and sealants are used in place of welded joints, mechanical fasteners, and gaskets and help reduce the weight of the automobile. Thus, the rising demand for lightweight automobiles is expected to increase the demand for solvent-based adhesives during the forecast period.

Competitive Landscape:
Major companies operating in the solvent-based adhesives market include 3M Company, Alfa International Corporation, Arkema Group, Ashland Inc., Avery Dennison Corporation, Everad Adhesives SAS, DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, Jowat AG, LORD Corporation, Sika AG, Bostik, RPM International Inc., KCC Corporation, Illinois Tool Works Inc., MAPEI SpA, Akzo Nobel NV, Permabond LLC, Franklin International Inc., COIM Group, Royal Adhesives & Sealants LLC, Reynolds Industries Inc., Cattie Adhesives Solutions LLC, AJ Adhesives Inc., Adhesives Research Inc., L.D. Davis Industries Inc., Mars Supply, Ashland Global Holdings Inc., Beardow Adams Group, Chemence Inc.

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Top Trend - Increasing Focus On Product Innovations To Provide Reliable Services To Their Customers
Major companies operating in the solvent-based adhesives market are focusing on innovative products such as pearl bond adhesive to drive revenues in the market. Pearl Bond adhesive is a range of crystalline thermoplastic polyurethane (TPU) adhesives that is intended for the manufacturing of reactive hot melt adhesives (HMAs) and hot melt adhesives (HMAs). For instance, in April 2023, Pearl Polyurethane Systems LLC, a UAE-based company that provides PU-based adhesives, including solvent-based adhesives launched a pearl bond adhesive. The Pearl Bond adhesive line is utilized in a range of applications such as footwear uppers, vehicle interior trim, and other textile substrates. The adhesive line is also very resistant to microbial attack; giving it a long-lasting and durable option for a variety of applications, and offers a cost-effective formulation that delivers exceptional bonding solutions for hot melt adhesives .

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Solvent-Based Adhesives Market Characteristics
3. Solvent-Based Adhesives Market Trends And Strategies
4. Solvent-Based Adhesives Market - Macro Economic Scenario
5. Solvent-Based Adhesives Market Size And Growth
…..
27. Solvent-Based Adhesives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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