Global Adhesive Equipment Market, By Product (Industrial Hot Melt, Adhesive Controllers, Cold Glue Applicators, Pneumatic Adhesive Applicators, Adhesive Pumping Systems and Adhesive Application Guns), Application (Packaging, Construction, Lamination, Disposable Hygiene Products and Technical Textiles), Industry Vertical (Furniture and Woodworking, Packaging, Textiles, Automotive, Building and Construction, Paper, Healthcare, Electronics, Leather and Footwear 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 the Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Adhesive Equipment Market
The adhesive equipment market is expected to witness market growth at a rate of 4.98% in the forecast period of 2021 to 2028. Data Bridge Market Research report on the adhesive equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while impacting the market’s growth. The rise in the application in packaging and DHP industries is escalating the growth of adhesive equipment market.
Adhesives are known to be the material that is formed by the combination of two or more liquid or semi-liquid substance joined enduringly to surfaces with the assistance of specific equipments. Adhesive formation procedure includes various procedures including dispensing melting, bonding and extracting. Therefore, to carry-out such procedures various forms of the adhesive equipments that are utilized.
Major factors that are expected to boost the growth of the adhesive equipment market in the forecast period are the rise in the need for disposable hygiene goods. Furthermore, the increase in the need from packaging industry is further anticipated to propel the growth of the adhesive equipment market. Moreover, the suitable initiatives taken by the government to promote packaging sector is further estimated to cushion the growth of the adhesive equipment market. On the other hand, the shift in the demands and specifications of equipment is further projected to impede the growth of the adhesive equipment market in the timeline period.
In addition, the rise in the industrialization will further provide potential opportunities for the growth of the adhesive equipment market in the coming years. However, the rise in the price of research and development might further challenge the growth of the adhesive equipment market in the near future.
This adhesive equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized 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 adhesive equipment market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.
Global Adhesive Equipment Market Scope and Market Size
The adhesive equipment market is segmented on the basis of product, application, and industry vertical. 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.
- On the basis of product, the adhesive equipment market is segmented into industrial hot melt, adhesive controllers, cold glue applicators, pneumatic adhesive applicators, adhesive pumping systems and adhesive application guns.
- On the basis of application, the adhesive equipment market is segmented into packaging, construction, lamination, disposable hygiene products and technical textiles.
- On the basis of industry vertical, the adhesive equipment market is segmented into furniture and woodworking, packaging, textiles, automotive, building and construction, paper, healthcare, electronics, leather and footwear and others.
Adhesive Equipment Market Country Level Analysis
The adhesive equipment market is analyzed, and market size, volume information is provided by country, product, application, and industry vertical as referenced above.
The countries covered in the adhesive equipment 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 (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the adhesive equipment market due to the rise in the industrialization. Furthermore, the developing end-use industries will further boost the growth of the adhesive equipment market in the region during the forecast period. Europe is projected to observe significant amount of growth in the adhesive equipment market due to the rise in the elderly population. Moreover, the growing construction expenses to refurbish and renovate existing buildings and infrastructure is further anticipated to propel the growth of the adhesive equipment 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 impact 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, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Adhesive Equipment Market Share Analysis
The adhesive equipment market competitive landscape provides details by a 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 the adhesive equipment market.
The major players covered in the adhesive equipment market report are 3M, Henkel AG, Huntsman International LLC., AVERY DENNISON CORPORATION, Sika AG, RPM International Inc., Graco Inc, Nordson Corporation, Atlas Copco AB, SUPERGLUE CORPORATION., Adhesives Research, Inc., Dymax Corporation, Hernon Manufacturing, INC, ITW DYNATEC, Adhesive Packaging, LLC., Valco Melton., HAECO, H.B. Fuller Company. and Ashland among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.