Download Free Sample
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Adhesive Coatings Market: By Type, By Application, By Sales Channel and Geography
Adhesive Coatings Market: By Type, By Application, By Sales Channel and Geography
Adhesive Coatings Market size was valued at US$ 45470 million in 2022 and expected to reach US$ 56040 million by 2029, at a CAGR of 3.5% from 2023-2029. Water-based Dispersion Adhesive accounted for a larger revenue share in the global adhesive coatings market with a significant CAGR and is expected to grow over the forecast years. Water-based dispersion adhesives consist of solid adhesives discrete in an aqueous phase. These adhesives contain water soluble additives such as surfactants, emulsifiers, and protective colloids that perform as links between the solid adhesive particles and the aqueous phase. They avoid the adhesive particles from sticking together and separating during storage. On drying, these additives evaporate or are engrossed into the adhesive. In order to obtain optimum strength and performance, the adhesive must be completely dry. Small amounts of residual moisture combined with residual water soluble additives weaken the film and lower the resistance to moisture and water. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed global adhesive coatings market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Study Period
2024-2030Base Year
2023CAGR
3.5%Largest Market
North AmericaFastest Growing Market
Asia-Pacific
The global adhesive coatings market is poised to grow with a significant CAGR over 2019-2026. Some of the key factors fueling the market growth include rising penetration of lightweight passenger cars, rapid growth of the construction industry, stringent regulations formulated by the environmental authorities, growing middle class population and extensive R & D activities for the production of sustainable products. However, cost of production is higher than conventional adhesives and volatile prices of these products are limiting the market growth.
North America accounted for larger revenue share in global adhesive coatings market with a significant CAGR and is expected to grow over the forecast years due to existence of a vast number of end-use industries and rising construction spending. Also, easy accessibility of raw materials in the form of shale gas together with numerous strategic initiatives adopted by companies is anticipated to generate demand over the forecast period. The Asia Pacific held considerable market share. The growing manufacturing sector is anticipated to drive demand from industrial machinery, automotive, and electrical and electronics industries. In the current past, China and India have witnessed a penetrate in automotive production due to the technology transfer to the sector from western markets.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2022 |
US$ 45470 million |
|
Market Size in 2029 |
US$ 56040 million |
|
Market CAGR |
3.5% |
|
By Type |
|
|
By Application |
|
|
By Sales Channel |
|
Download Free Sample Report
The adhesive coatings market size was valued at US$ 45470 million in 2022
The adhesive coatings market key players are: Hankel B. Fuller Arkema Sika 3M Dow Consumer Solutions Huntsman ITW LORD Corporation PPG Industries Ashland Jowat
The adhesive coatings market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.