The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector. Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.
The research report on the Global Plastic Adhesives Market is formulated with insightful data that will help the established companies and new entrants to analyze the business trends and capitalize on investment strategies. The Plastic Adhesives Market is analyzed with an aim to provide assistance to the readers to gain maximum returns on the investment and to enable an informed decision-making process.
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The report further divides the Plastic Adhesives Market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Plastic Adhesives Market
Overview of the Plastic Adhesives Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis\
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
Market Overview
The global plastic adhesives market size was valued at USD 6.54 Billion in 2019 and is forecasted to reach USD 10.29 Billion by 2027 at a CAGR of 6.1%. The plastic adhesives market is observing high demand attributed to its increasing application in packaging, automotive & transportation, building & construction, assembly, and healthcare.
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Competitive Landscape
Arkema SA, 3M Company, Parker Hannifin Corporation, Huntsman International LLC, Sika AG, Henkel AG, Dow Inc., Illinois Tool Works Inc., MaterBond Inc., and Ashland Global Specialty Chemicals Inc., among others.
Emergen Research has segmented the global plastic adhesives market on the basis of resin type, substrate, distribution channel, application, and region:
Resin Type Outlook (Revenue, USD Billion; 2017-2027)
- Epoxy
- Polyurethane
- Acrylic
- Silicone
- Cyanoacrylate
- Methyl Methacrylate
- Others
Substrate Outlook (Revenue, USD Billion; 2017-2027)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
- Packaging
- Building & Construction
- Automotive & Transportation
- Assembly
- Medical
- Others
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Future Outlook
The demand for acrylic polymers is expected to continue growing over the coming years, driven by increasing demand from end-use industries and the rising need for high-performance materials. The market is also expected to witness significant growth in emerging economies, such as China and India, due to their growing construction and automotive industries.
Table of Contents
- Introduction
- Market Overview
- Market Segmentation
- Drivers and Restraints
- Regional Analysis
- Competitive Landscape
- Future Outlook
- Conclusion
- FAQs
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and Analyze consumer behaviour shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.