Global Acrylic Adhesives Market, By Product Type (Temporary, Permanent), Type (Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic, UV Curable Acrylic), Application (Paper and Packaging, Construction, Transportation, Medical, Consumer, Electronics, Others), Forms (Liquid, Paste, Tape), Technology (Water-based, Solvent-based, Reactive and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The global acrylic adhesives market is expected to be growing at a growth rate of 9.10% in the forecast period of 2021 to 2028. The acrylic adhesives market report analyses the growth, which is currently being growing due to the rising scope of its application in wood-working industry.
Acrylic adhesives offer strong structural adhesive properties. Structural adhesives are utilized to create a load-bearing joint. Acrylic adhesives are also utilized in several industries like the automotive and construction industries because of their strong structural characteristics. Additionally, the acrylic adhesives quickly bond with different materials including non-plastics. Acrylic adhesives are either thermoplastics or thermosetting polymers. Acrylic adhesives paste coupled with liquid acrylic adhesives are utilized to sandwich two objects together to form permanent bonds.
Important factors that are expected to boost the growth of the acrylic adhesives market in the forecast period are the increase in the demand for acrylic adhesives and the growing need for miniaturization and automation in the electronics industry. Furthermore, the technological developments in the end use industries and the widespread research and development activities and continuous inventions are few of the other factors anticipated to further propel the growth of the acrylic adhesives market.
On the other hand, the strict environmental safety guidelines and the
instability in raw material prices are few of the other factors responsible for the impeding the growth of the acrylic adhesives market in the timeline period. Additionally, the invention in the applications and products and the rise in the export will further provide potential opportunities for the growth of the acrylic adhesives market in the coming years. However, the strict and time-consuming governing policies and the controlling prices to guarantee affordability might further challenge the growth of the acrylic adhesives market in the near future.
This acrylic adhesives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the acrylic adhesives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acrylic Adhesives Market Scope and Market Size
The global acrylic adhesives market is segmented on the basis of product type, type, application, forms and technology. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the product type, the acrylic adhesives market is segmented into temporary and permanent.
- Based on the type, the acrylic adhesives market is segmented into acrylic polymer emulsion, cyanoacrylic, methacrylic, UV curable acrylic. Acrylic polymer emulsion is further sub segmented into pure acrylic, styrene acrylics and vinyl acrylics. Cyanoacrylic is further sub segmented into ethyl cyanoacrylate and methyl cyanoacrylate.
- Based on the application, the acrylic adhesives market is segmented into paper and packaging, construction, Based on the transportation, medical, consumer, electronics, others.
- Based on the forms, the acrylic adhesives market is segmented into liquid, paste and tape.
- Based on the technology, the acrylic adhesives market is segmented into water-based, solvent-based, reactive and others.
Acrylic Adhesives Market Country Level Analysis
The global acrylic adhesives market is analysed and market size, volume information is provided by country, product type, type, application, forms and technology as referenced above.
The countries covered in the acrylic adhesives market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the acrylic adhesives market because of the increasing demand for the acrylic adhesives in the packaging and construction industries. Furthermore, the packaging, automotive, non-woven/hygiene, and e-commerce industries have been observed increasing growth due to the high consumption of acrylic adhesives in U.S. which will further boost the growth of the acrylic adhesives market in the region during the forecast period. Asia Pacific is projected to observe significant amount of growth in the acrylic adhesives market because of the growing utilization of acrylic adhesives in the paper and packaging, construction, and woodworking applications. Furthermore, the increase in the economic growth, expansion in the manufacturing industries and the accessibility of cheap labour is further anticipated to propel the growth of the acrylic adhesives market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylic Adhesives Market Share Analysis
The global acrylic adhesives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acrylic adhesives market.
The major players covered in the acrylic adhesives market report are Henkel Adhesives Technologies India Private Limited, H.B. Fuller Company, Arkema, Illinois Tool Works Inc., Sika AG, 3M, Huntsman International LLC., AVERY DENNISON CORPORATION, Pidilite Industries Ltd., TOAGOSEI CO., LTD., Permabond LLC., Dymax Corporation, Franklin International, Parker Hannifin Corp, RPM International Inc., TONSAN Adhesive, Inc, Bostik SA, MAPEI S.p.A., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.