Adhesive Resin Market : Global Forecast over 2024
Read Report Overview @
Adhesive resin finds extensive application in numerous industries such as: packaging, oil and gas, plastic, construction, automotive, and transportation. Adhesive resin is most widely used in the packaging of food and beverages, consumer goods, sea foods and meat, tubes, and bottles. In the oil and gas industry, it is used to create linkage between pipelines and coating of pipes. In the plastic industry, the application of adhesive resin is recommended to act as a binding agent in order to enhance the tensile strength of plastic. In the automotive industry, adhesive resin is applied in automotive body parts such as door modules and front-end modules. In the building and construction industry, adhesive resins are applied as contact adhesives, flooring adhesives, and sealants. Due to the efficient sealing feature, adhesive resins find potential use in the transportation industry in manufacturing of abrasive and aerospace components.
The broad commercial application of adhesive resins in several industries builds a rapidly growing global market. The market for adhesive resins has exhibited an enormous rise in the last few years and a similar positive trend is anticipated to be witnessed during the forecast period. The market of adhesive resin is currently dominated by the Asia Pacific region. The huge growth of end-user industries such as automotive, construction, packaging, and consumer goods in developing countries such as China, Japan, South Korea, and India is propelling the demand of adhesive resins. In the next few years, the advancement of emerging technologies and rising demand of adhesive resin is estimated to fuel the market growth in the developing region of Asia Pacific. North America and Europe also possess a large share of the global market. Improved economy observed in these developed countries is a key factor for the market growth. The rising trend is predicted to continue during the forecast period. A prospective market for adhesive resin is expected to build up in the MEA region. Growing economy of this region is predicted to develop an emerging market of adhesive resins in the next few years.
Increasing awareness of ecofriendly materials is likely to drive the demand for bio-based adhesive which will enable the end-user industries to minimize their environmental concern. Specially-engineered adhesive resins are being developed for the assembly of aircraft and automotive bodies. Epoxy resin holds a large share of the global adhesive resin market currently due to improved functionalities such as corrosion protection, mechanical strength etc. Increased demand from end-user industries is influencing the higher growth rate of adhesive resin in the global market.
Request to view Sample Report:
The major players that manufacture adhesive resin are companies such as: E. I. du Pont de Nemours and Company, LD Davis Industries, Inc., Exxon Mobil Corporation, The Dow Chemical Company, Mitsui Chemicals America, Inc., Resinall Corporation, Georgia-Pacific Chemicals LLC, Mitsubishi Chemical Corporation, and Ashland Inc. etc.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Adhesive Resin Market : Global Forecast over 2024 here
News-ID: 880064 • Views: 257
More Releases from Transparency Market Research Reports
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon
PE BLOW MOLDED PRODUCTS MARKET TO REACH A VALUATION OF ~US$ 8 BN BY 2027: TRANSP …
PE Blow Molded Products Market: Introduction In terms of value, the PE blow molded products market is anticipated to expand at a CAGR of ~5% from 2019 to 2027 PE blow molded products are generally containers, drums, or other rigid packaging materials manufactured through the blow molding process of polyethylene polymers such as HDPE, LDPE, and LLDPE The HDPE material segment accounted for a major share of the PE blow molded products market
BALUSTRADE MARKET TO REACH A VALUATION OF ~US$ 6 BN BY 2027: TRANSPARENCY MARKET …
Balustrade Market: Introduction The global balustrade market was valued at ~US$ 4 Bn in 2018 and is anticipated to expand at a CAGR of ~5% during the forecast period. Among materials, the stainless steel segment held a dominant share of the balustrade market in 2018, as stainless steel is extensively used across the world. Stainless steel usually contains a minimum of 13% of chromium, which can be up to 26% for
More Releases for Adhesive
Film Adhesive Market Future Study 2018-2023
Future Market Reports on Global Film Adhesive 2018 Research Report presents a professional and complete analysis of Global Film Adhesive Market on the current market situation. The Global Film Adhesive Market 2018 report includes Film Adhesive market Revenue, market Share, Film Adhesive industry volume, market Trends, Growth aspects. It analyses the important factors of the Film Adhesive market based on present industry situations, Film Adhesive market demands, business strategies utilized
Adhesive Equipments Market by Product Type (Adhesive Pump Systems, Adhesive Melt …
GLOBAL ADHESIVE EQUIPMENTS MARKET was valued at USD 30.56 Billion in the year 2017. Global Adhesive Equipment Market is further estimated to grow at a CAGR of 5.13% from 2018 to reach USD 41.26 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds the
Construction Adhesive Market Trends,Outlook | 2024
Construction adhesives have helped to supplant traditional adhesives that include contact cements, wood glues, and traditional physical fixings, namely screws and nails. Construction adhesives find application in construction, renovation, and in adding finishing touches to homes. They steal a march over traditional adhesives with their ability to dry up within 24 hours, waterproof nature, and flexibility even after drying. On account of their unique perceived benefits, they witness a wide
Elastic Bonding Adhesive Market Forecast by Application (Construction Adhesive, …
Global Elastic Bonding Adhesive & Sealant Market By Type (Polyurethane, Silicone, Silane Modified Polymer, Others), By Application (Construction Adhesive, Industrial Adhesive, Construction Sealants, Industrial Sealants) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024 The Global Elastic Bonding Adhesive & Sealant Market accounted for USD 15.80 billion in 2016 and is projected to grow at a CAGR of 6.2% during
Floor Adhesive Market Report
Browse the full table of contents and data tables: https://www.reportsandmarkets.com/reports/emea-europe-middle-east-and-africa-floor-adhesive-market-report-2017-1541206 In this report, the EMEA Floor Adhesive market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request a sample copy: https://www.reportsandmarkets.com/sample-request/emea-europe-middle-east-and-africa-floor-adhesive-market-report-2017-1541206 Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K
Global Market For Adhesive Tapes: By Types - Single-sided Adhesive Tape, Double- …
Researchmoz added Most up-to-date research on "Global Market For Adhesive Tapes: By Types - Single-sided Adhesive Tape, Double-sided Adhesive Tape & Others" to its huge collection of research reports. This report studies Adhesive Tapes in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers