What is Global Water-based Adhesives Market?
The Global Water-based Adhesives Market is a vast and dynamic sector that encompasses a wide range of products. These adhesives are primarily composed of water, making them environmentally friendly and safe to use. They are used in various industries due to their superior bonding strength, flexibility, and durability. The market for these adhesives is growing rapidly due to their increasing applications in different sectors. The market's growth is also fueled by the rising demand for eco-friendly adhesives and the stringent regulations regarding the use of solvent-based adhesives. The Global Water-based Adhesives Market is a promising sector that offers numerous opportunities for growth and expansion.
Polyvinyl Alcohol, Vinyl Acetate, Acrylic, Other in the Global Water-based Adhesives Market:
The Global Water-based Adhesives Market is segmented based on the type of adhesive, including Polyvinyl Alcohol, Vinyl Acetate, Acrylic, and others. Polyvinyl Alcohol-based adhesives are widely used due to their excellent adhesion properties and resistance to oil, grease, and solvents. Vinyl Acetate adhesives are popular for their strong bonding strength and versatility. Acrylic adhesives are known for their superior resistance to heat, light, and chemicals. Other types of adhesives are also gaining popularity due to their unique properties and applications. The market for these adhesives is expected to grow significantly due to the increasing demand for high-performance adhesives in various industries.
Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation in the Global Water-based Adhesives Market:
The Global Water-based Adhesives Market finds extensive usage in several areas such as Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation. In the Paper and Packaging industry, these adhesives are used for bonding different types of paper materials, packaging materials, and labels. In the Building and Construction sector, they are used for bonding tiles, carpets, wallpapers, and other construction materials. In the Woodworking industry, these adhesives are used for bonding wood pieces, furniture, and other wood products. In the Automotive and Transportation sector, they are used for bonding various automotive parts and components. The market for these adhesives is expected to grow significantly due to their increasing applications in these sectors.
Global Water-based Adhesives Market Outlook:
The future outlook for the Global Water-based Adhesives Market is promising. In 2023, the market was valued at US$ 17390 million. It is projected to reach a value of US$ 24170 million by 2030. This indicates a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for these adhesives in various industries, the rising awareness about the environmental benefits of water-based adhesives, and the stringent regulations regarding the use of solvent-based adhesives. The market is expected to witness significant growth in the coming years.
| Report Metric | Details |
| Report Name | Water-based Adhesives Market |
| Accounted market size in 2023 | US$ 17390 million |
| Forecasted market size in 2030 | US$ 24170 million |
| CAGR | 4.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Henkel, Sika, Bostik, RPM International, KCC, H.B. Fuller, 3M, Illinois Tool Works, Avery Dennison, Huntsman International, DowDuPont, Ashland, MAPEI, Akzo Nobel, Permabond, Dymax, LORD, Delo Industrie Klebstoffe, Franklin International |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
