Global Adhesive Coatings Market: By Type (Non-Reactive Based Adhesive, Solvent Based Adhesive, Water-based Dispersion Adhesive and Others), By Application (Industrial & Consumer Goods, Construction & Decoration, Paper & Packing and Others), By Sales Channel (Direct Channel and Distribution Channel) and Geography

 

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).