- Non-Reactive Based Adhesive
- Solvent Based Adhesive
- Water-based Dispersion Adhesive
The global adhesive coatings market size valued USD 45470 million in 2020 and expected to reach USD 56040 million by 2026, at a CAGR of 3.5% during the forecast period 2021-2026. Water-based Dispersion Adhesive accounted for larger revenue share in global adhesive coatings market with a significant CAGR and is expected to grow over the forecast years. Water-based dispersion adhesives consist of solid adhesive discrete in an aqueous phase. These adhesives contain water soluble additives such as surfactants, emulsifiers, and protective colloids that perform as links between the solid adhesive particles and the aqueous phase. They avoid the adhesive particles from sticking together and separating during storage. On drying, these additives evaporate or are engrossed into the adhesive. In order to obtain optimum strength and performance, the adhesive must be completely dry. Small amounts of residual moisture combined with residual water soluble additives weaken the film and lower the resistance to moisture and water. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global adhesive coatings market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Fastest Growing Market
The global adhesive coatings market is poised to grow with a significant CAGR over 2019-2026. Some of the key factors fueling the market growth include rising penetration of lightweight passenger cars, rapid growth of the construction industry, stringent regulations formulated by the environmental authorities, growing middle class population and extensive R & D activities for the production of sustainable products. However, cost of production is higher than conventional adhesives and volatile prices of these products are limiting the market growth.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key playerâ€™s profiles in the global adhesive coatings market include: