Global Synthetic Adhesives Market to Reach US$ X.X Billion by 2028, Driven by Rising Demand in Building & Construction Industry

The latest report from Dataintelo reveals that the global Synthetic Adhesives market was valued at around US$ 2.3 billion in 2017 and is projected to reach approximately US$ X.X billion by 2028. The industry is expected to grow at a compound annual growth rate (CAGR) of 4% during the forecast period 2018-2028. This impressive growth can be largely attributed to the rapid expansion of the building and construction industry leading to an escalating demand for synthetic adhesives used in woodworking, glass bonding, cement products, and various other applications.

Synthetic adhesives have gained significant attention in recent years due to their excellent adhesion properties, which has led to a surge in their usage across various industries. The durability, heat resistance, and versatility of these adhesives make them ideal for application in diverse sectors. Of these, the building and construction sector accounts for a substantial share of the overall demand, owing to the extensive use of synthetic adhesives in fixtures, flooring, lamination, and panel bonding.

This report provides an in-depth analysis of the global synthetic adhesives market, presenting a complete overview of the current market scenario while also examining key market drivers, trends, and challenges. It seeks to guide stakeholders through the complexities of the industry, offering strategic insights and data-backed projections to inform decision making and facilitate growth.

The detailed insights presented in this report from Dataintelo are invaluable for industry players, investors, and other stakeholders in the synthetic adhesives market. They can leverage this information to gain an edge in the market, steering their strategies towards promising opportunities and growth avenues. This study further cements Dataintelo's position as a reliable source of market intelligence, empowering businesses to thrive in a competitive landscape

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/154439

𝐓𝐡𝐢𝐬 𝐢𝐬 𝐨𝐧𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐦𝐨𝐬𝐭 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐫𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐜𝐨𝐯𝐞𝐫 𝐭𝐡𝐞 𝐟𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐬:

The synthetic adhesives market has been segmented on the basis of𝐓𝐲𝐩𝐞
● Thermoplastic Adhesives
● Elastomer Adhesives
● Thermoset Adhesives
● Others

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
● Wooden Product
● Glass Product
● Cement Products
● Others

𝐑𝐞𝐠𝐢𝐨𝐧
● Asia Pacific
● North America
● Latin America
● Europe
● Middle East & Africa

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬
● Appli-Tec
● EPO-TEK
● Epoxyset Inc.
● Socomore
● Aptek Laboratories?Inc.
● Bond Tech
● Aditya Polymers
● Anupol
● Siva Chemical Industries
● Atul Ltd
● Adhesion Group of Industries Ltd.
● Chemique
● Max Adhesives
● Astra Chemtech Private Limited
● Badrinas
● NAR S.p.A
● Nilkem
● Nan Pao
● Henkel Adhesive Technologies
● Olympic Adhesives
● DowDuPont
● Mitsubishi Chemical Holdings
● Air Liquide
● Linde AG
● Asahi Kasei Corporation
● SABIC Innovative Plastics US
● AkzoNobel N. V.
● Evonik Industries



The synthetic adhesives market categorization takes into account broad product types and applications. The product types are primarily segmented into thermoplastic adhesives, elastomer adhesives, thermoset adhesives and others. Thermoplastic adhesives, well-known for their strength and durability, are often used in various industries including automotive, construction, and packaging. Elastomer adhesives, on the other hand, are predominantly utilized where flexibility is required such as in shoes, automotive and construction. Thermoset adhesives have wide usage in the aerospace industry and in applications where high-temperature resistance is necessary. The application segment of this market covers wooden products, glass products, cement products and others. Synthetic adhesives have a significant role in the manufacturing and fixation of these products due to their adhesion strength, flexibility, and heat resistance.

Geographically, the synthetic adhesives market is classified into Asia Pacific, which contains emerging markets like China and India, North America, spearheaded by United States, Latin America, Europe and the Middle East & Africa region. North America and Europe have well-developed industries including automotive, aerospace, and electronics where synthetic adhesives are heavily relied upon. Asia Pacific is also experiencing substantial market growth due to rapid industrialization and infrastructure development. This regional analysis has laid the foundation for the market competition between important key players such as Appli-Tec, EPO-TEK, Epoxyset Inc., Aptek Laboratories, Bond Tech, and Henkel Adhesive Technologies, to name a few. These players are consistently innovating their product line to meet the dynamic needs of the diverse applications of synthetic adhesives

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐟𝐫𝐞𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://dataintelo.com/request-sample/154439

Market Drivers for Synthetic Adhesives Market:

1. Increasing Demand from Major Industries: There is a growing demand for synthetic adhesives from key industries such as automotive, construction, packaging, and furniture. These industries require synthetic adhesives for various applications like bonding, sealing, and laminating, which is driving the market growth.

2. Advancements in Technology: Technological advancements and innovations in synthetic adhesives are improving their performance and are offering cost-effective solutions to the end-users. This is encouraging the adoption of synthetic adhesives across various industries.

3. Product innovation: The continuous research and development activities, new product launches, and enhancements are spurring the growth of the synthetic adhesives market.

4. Environmental Regulations: Many countries have stringent environmental regulations that require companies to use eco-friendly products. This is leading to an increase in demand for water-based and high solid synthetic adhesives, which are less harmful to the environment.

Opportunities for Synthetic Adhesives Market:

1. Emerging Markets: Rapid industrialization in emerging economies, particularly in the Asia-Pacific region, offers opportunities for the synthetic adhesives market. There is an increasing demand for synthetic adhesives due to the growing automotive and construction industries in these regions.

2. Eco-friendly Products: There is a growing trend towards eco-friendly products due to increasing awareness about the environment. Companies can leverage this trend by developing bio-based, recyclable, or biodegradable synthetic adhesives.

3. Medical Sector Growth: The growing medical sector is expected to provide opportunities for synthetic adhesives. They are being increasingly used for wound care, medical device assembly, and other medical applications.

4. Increasing Demand for Lightweight Vehicles: The automotive industry is increasingly focusing on producing lightweight vehicles to enhance fuel efficiency, which would require high-performance synthetic adhesives. This trend can provide growth opportunities for companies in the synthetic adhesives market

𝐘𝐨𝐮 𝐜𝐚𝐧 𝐝𝐢𝐫𝐞𝐜𝐭𝐥𝐲 𝐛𝐮𝐲 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐟𝐫𝐨𝐦: https://dataintelo.com/checkout/154439

1. Who Should Buy This Report?

- Business Organizations: Businesses that are looking for a comprehensive analysis of market trends, competitive landscape, and customer behavior should purchase this report to make crucial business decisions and plan marketing strategies.

- Investors: This report can be advantageous to potential investors who can use it to assess if a particular industry is a lucrative avenue for investment.

- Market Analysts and Strategists: These professionals can use this report in their research to analyze market conditions, future growth opportunities, revenue predictions etc.

- Academic Researchers: Scholars or researchers studying a particular industry or the macroeconomic conditions of a region, or global market trends can also use these reports for their research.

- Government Agencies: Government departments planning to implement new policies or make changes in existing ones can refer to this report to understand the market dynamics.

- Consultants: Industry, market, and strategy consultants can utilize this report to provide accurate and detailed advice to their clients.

2. Good things about Dataintelo:

- Comprehensive Analysis: Dataintelo provides in-depth and holistic market analysis that includes an accurate assessment of the industry, key market trends and future predictions which can give a competitive edge to the users.

- Authentic Data: The report's information is backed by authentic primary and secondary research, ensuring the validity and reliability of the data provided.

- Customizability: Dataintelo offers customization options for their reports, allowing you to obtain data that is specifically relevant to your requirements.

- Customer Support: They provide outstanding post-purchase customer service to answer any queries and provide a smooth navigation experience.

- Expert Insights: The reports include insights from industry experts, which can provide valuable guidance for strategic planning and decision-making.

- Time and Cost Effective: With Dataintelo, users can save the time and costs involved in conducting their own market research

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐜𝐚𝐧 𝐛𝐞 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐚𝐬 𝐩𝐞𝐫 𝐲𝐨𝐮𝐫 𝐧𝐞𝐞𝐝.

𝐄𝐦𝐚𝐢𝐥 𝐮𝐬 𝐨𝐧 - 𝐬𝐚𝐥𝐞𝐬@𝐝𝐚𝐭𝐚𝐢𝐧𝐭𝐞𝐥𝐨.𝐜𝐨𝐦

𝐀𝐛𝐨𝐮𝐭 𝐃𝐚𝐭𝐚𝐢𝐧𝐭𝐞𝐥𝐨:

𝐃𝐚𝐭𝐚𝐢𝐧𝐭𝐞𝐥𝐨 boasts extensive experience in creating tailored Market research reports across diverse industry verticals. With in-depth Market analysis, creative business strategies for new entrants, and insights into the current Market scenario, our reports undergo intensive primary and secondary research, interviews, and consumer surveys.

This release was published on openPR.