Global Adhesive Resin Market, By Resin Type (Polyacrylic Ester (PAE), Polyvinyl Acetate (PVA), Vinyl Acetate Ethylene (VAE), Synthetic Rubber, Polyamide, Ethylene Vinyl Acetate (EVA), Polyurethane, Polyurethane, Epoxy, Modified Acrylate & Methyl Methacrylate (MMA), Cyanoacrylate, Others), Formulating Technology (Water-Based, Solvent-Based, Hot Melt, Reactive & Others), Application (Paper & Packaging, Building & Construction, Wood-Working, Transportation, Consumer/DIY, Leather & Footwear, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Adhesive Resin Market
Data Bridge Market Research analyses that the adhesive resin market will witness a CAGR of 5.10% for the forecast period of 2022-2029. The Adhesive Resin Market report analyses the growth currently growing due to the increasing scope of application in the wood industry.
Adhesive resin is used to improve composite and composite retention capabilities, which are also used in response to prevent bacterial microleakage. They are extensively used in several applications such as oil and gas, packaging, automotive, construction and other industries.
The increasing demand for green and synthetic adhesive resins, growing demand of the adhesive resins in consumer applications, transportation, rising demand for environment friendly products are some of the factors contributing to the growth of the adhesive resin market in the forecast period of 2022-2029. On the other hand, the high demand for lightweight and low carbon emitting vehicles and growing demand for low Voc, green and sustainable adhesive resins will further create several opportunities that will lead to the growth of the adhesive resin market in the above mentioned period.
However, the fluctuating raw material prices will act as a restrain and may hamper the growth of the adhesive resin market in the above mentioned period. But, strict and time-consuming regulatory policies will act as a challenge to the adhesive resin market growth.
This adhesive resin 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 adhesive resin 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 Resin Market Scope and Market Size
Adhesive resin market is segmented on the basis of resin type, formulating technology and application. 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 resin type, the adhesive resin market is segmented into polyacrylic ester (PAE), polyvinyl acetate (PVA), vinyl acetate ethylene (VAE), synthetic rubber, polyamide, ethylene vinyl acetate (EVA), polyurethane, polyurethane, epoxy, modified acrylate & methyl methacrylate (MMA), cyanoacrylate, and others. Synthetic rubber has been further segmented into SBS, CR & SIS.
- On the basis of formulating technology, the adhesive resin market is segmented into water-based, solvent-based, hot melt, and reactive & others.
- On the basis of application, the adhesive resin market is segmented into paper & packaging, building & construction, wood-working, transportation, consumer/DIY, leather & footwear, and others.
Adhesive Resin Market Country Level Analysis
The adhesive resin market is analysed and market size, volume information is provided by country, resin type, formulating technology and application as referenced above.
The countries covered in the adhesive resin market report are 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.
The Asia-Pacific region dominates the adhesive resin market due to increasing demand from the construction and packaging industries and increasing demand for these resin products from various other end-use industries in the region.
The country section of the adhesive resin market 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 Adhesive Resin Market Share Analysis
The adhesive resin 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 Adhesive Resin market.
Some of the major players operating in the adhesive resin market report are DuPont, ExxonMobil Chemical Company, Eastman Chemical Company, Dow, Evonik Industries, Lawter Capital B.V., Mitsubishi Chemical Corporation, Ashland Global, Georgia-Pacific Chemicals LLC, Yparex B.V., Resinall Corp, LD Davis, Resins & Plastics Limited, National Adhesives & Polymers, Polygon Adhesives & Resins Pvt.Ltd., STAR SPECIALTIES POLYMERS PVT. LTD, SATYEN POLYMERS PVT. LTD., Mechemco and Alchemie Ltd., among others.
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