Global Emulsion Adhesives Market, By Chemical Composition (Rubber-based and Acrylic-based), Product (Permanent and Removable), Type (Acrylic Polymer Emulsion, Lattices, Vinyl Acetate Ethylene (VAE) Emulsion, Polyurethane Dispersion (PUD), Polyvinyl Acetate (PVA) Emulsion and Others), Application (Tapes and Labels, Paper and Packaging, Construction, Automotive and Transportation, Woodworking 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 2029
Market Analysis and Insights of Emulsion Adhesives Market
Data Bridge Market Research analyses that the emulsion adhesives market will witness a CAGR of 6.70% for the forecast period of 2022-2029. Growth in the emulsion adhesives especially in the developing economies such as India and China, surging application of emulsion adhesives for a wide range of applications such as paper and packaging, automotive and transportation, woodworking and others increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the emulsion adhesives market.
Emulsion adhesives are acrylic polymer adhesives produced without using organic solvents. Emulsion adhesives are used for a wide range of industrial applications owing to the fact that they are safe, non-toxic and non-flammable in nature. Emulsion adhesives are suitable for application on the permeable materials and are available at a lower cost than other adhesives.
Rise in demand for emulsion adhesives by buildings and construction industry is the root cause for fuelling up the market growth rate. Rising demand for emulsion adhesives in the manufacturing of tapes and labels and growth and expansion of various end user verticals in the emerging economies will also directly and positively impact the growth rate of the market. Rising awareness about the benefits of emulsion adhesives in comparison to other adhesives or alternatives, rising expenditure for research and development proficiencies by the major companies, upsurge in the rate of industrialization, accelerating demand for eco-friendly adhesives in automotive and transportation applications and growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.
However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High cost associated with research and development proficiencies, and strict global trade restrictions will dampen the market growth rate. Also, stringent government rules and regulations pertaining to environmental emissions will also hamper the market growth rate. Emulsion adhesives have low compatibility in high strength application and this will also restrict the scope of growth.
This emulsion 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 emulsion 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.
Global Emulsion Adhesives Market Scope and Market Size
The emulsion adhesives market is segmented on the basis of chemical composition, product, type 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 market.
- On the basis of chemical composition, the emulsion adhesives market is segmented into rubber-based and acrylic-based.
- Based on product, the emulsion adhesives market is segmented into permanent and removable.
- On the basis of type, the emulsion adhesives market is segmented into acrylic polymer emulsion, lattices, vinyl acetate ethylene (VAE) emulsion, polyurethane dispersion (PUD), polyvinyl acetate (PVA) emulsion and others.
- On the basis of application, the emulsion adhesives market is segmented into tapes and labels, paper and packaging, construction, automotive and transportation, woodworking and others
Emulsion Adhesives Market Country Level Analysis
The emulsion adhesives market is analysed and market size, volume information is provided by country, chemical composition, product, type and application as referenced above.
The countries covered in the emulsion adhesives 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.
Asia-Pacific dominates the emulsion adhesives market owing to the growing demand for emulsion adhesives from various end-use industries, increase in the research and development activities, favourable investment policies by the government in order to promote industrial growth, high economic growth in the emerging countries, growing buildings and construction activities, abundant availability of raw materials and rising investments by various public and private manufacturers in Asia Pacific.
The country section of the emulsion adhesives 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 Emulsion Adhesives Market Share Analysis
The emulsion 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 emulsion adhesives market.
Some of the major players operating in the emulsion adhesives market report are Wacker Chemie AG, Ashland., Henkel Adhesives Technologies India Private Limited, H.B. Fuller Company., 3M, Pidilite Industries Ltd, Arkema, Dow, CEMEDINE Co.,Ltd., Paramelt RMC B.V., STI Polymer, Tailored Chemical., Halltech Inc., StanChem Inc., Faclcon Chemicals LLC, Valco Cincinnati, Inc., Star Bond (Thailand) Company Limited, Sika AG, Franklin International, Parker Hannifin Corp and Mapei S.p.A, among others.