Market Highlights
Liquid adhesives market will grow at a rapid rate. It has been precisely designed and chosen to fulfill the demanding requirements of today's fast-paced production environments. The most popular liquid adhesives are typically acrylics with hydroxyl and amine groups, whereas polymethylmethacrylate (PMMA) can function as PVF glue on its own. These adhesives are changed to liquid form by dissolving in hydrocarbon solvents like toluene. The expanding demand from the building and construction industries as well as a growing focus on healthcare companies are some of the key variables that are anticipated to propel the growth of the liquid adhesives industry. The market is growing as a result of the rising need for sustainable and safe adhesives. Additionally, the expanding demand. Overall, the liquid adhesives market is likely to grow at a promising CAGR of 4% in the long run to reach US$ 44.6 Billion in 2028.
Segments Analysis
|
Segmentations
|
List of Sub-Segments
|
Dominant and Fastest-Growing Segments
|
|
Technology-Type Analysis
|
Water-Based, Solvent-Based, Reactive, and Others
|
Water-Based will be the fastest-growing segment and will hold the biggest market share.
|
|
End-Use Industry Type
|
Paper, Packaging & Related Products, Building & Construction, Medical, Assembly, and Others
|
The medical industry is a rising industry and is expected to grow at the fastest rate over the forecasted period.
|
|
Regional Analysis
|
North America, Europe, Asia-Pacific, and The Rest of the World
|
Asia-Pacific is expected to remain the largest market over the next five years.
|
Based on the technology type, the liquid adhesives market is segmented into water-based, solvent-based, reactive, and others. Water-Based is expected to remain the largest technology type in the market during the forecast period. Water-based formulation is the method that is most frequently used to prepare adhesives. Water-Based adhesives are chemical composites that combine different adhesives, polymers, and water. These adhesives come in liquid or powder solution form. They work well with porous and non-porous substrates. The characteristics of water-based adhesives, such as flexibility, toughness, and cost-effectiveness, guaranteed a sizable portion of this market. Such strategies are among the primary factors thought to propel sector progress over the foreseeable timeframe.
Based on the end-use industry type, the market is segmented into paper, packaging & related products, building & construction, medical, assembly, and others. Medical industry is expected to remain the dominant as well as the fastest-growing industry in the market during the forecast period due to the rise in demand for things like respiratory support devices, gloves, masks, and applications for personal protection equipment. The market for adhesives and related technologies, such as adhesive dispensing systems, is projected to have an impact on market expansion.
In terms of regions, Asia-Pacific is expected to remain the largest market for liquid adhesives during the forecast period. A bigger market share is the result of the area's growing population and improving infrastructure. The capacity to access government and international development funding, the existence of a cutting-edge technical system that supports the rapid identification of chronic diseases, and the high cost of healthcare in the area are all factors contributing to the expansion. Additionally, it is expected that throughout the anticipated timeframe, the European region will grow at the second-fastest rate and hold the largest market share. Business growth is anticipated to be fueled by the expanding use of packaging in the food and beverage industry as well as rising investments in the automotive and aerospace sectors.
Key Players
The following are the key players in the liquid adhesives market:
- 3M Company
- Arkema (BOSTIK SA)
- Avery Dennison Corporation
- Dymax Corporation
- H.B. Fuller
- Henkel AG
- Jowat SE
- Permabond LLC.
- RPM International Inc.
- Sika AG
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s liquid adhesives market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for existing and new players
- Key success factors
The liquid adhesives market is segmented into the following categories.
Liquid Adhesives Market, by Technology Type
- Water-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Solvent-Based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Reactive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Liquid Adhesives Market, by End-use Industry Type
- Paper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Packaging & Related Products (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Medical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Assembly (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Liquid Adhesives Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
