IMARC Group, a leading market research company, has recently releases report titled “Water-based Adhesive Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global water-based adhesive market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the water-based adhesive market?
The global water-based adhesive market size reached US$ 22.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 42.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.32% during 2024-2032.
What is Water-based Adhesive?
Water-based adhesives represent adhesives that are formulated using soluble synthetic or natural polymers. They function by developing strong bonding capabilities as the water evaporates or is soaked by the substrate. This includes porous and non-porous substrates, including paper, cardboard, wood, metal, plastic, etc. They are a safer and more cost-effective alternative to solvent-based adhesives, as these adhesives do not release dangerous fumes or chemicals into the air, require less equipment for the application, and have a lower flammability risk. Consequently, these adhesives have extensive applications in laminating, labeling, and bonding purposes.
Request for a sample copy of this report: https://www.imarcgroup.com/water-based-adhesive-market/requestsample
What are the growth prospects and trends in the water-based adhesive industry?
The escalating demand for these adhesives in numerous end-use industries, on account of the growing environmental concerns, and the rising emphasis on sustainable development and reduced operational costs are among the key factors driving the water-based adhesives market. Moreover, the implementation of stringent regulatory norms limiting the use of harmful chemicals in adhesives, particularly in the medical devices and food and beverage (F&B) packaging sector, is also stimulating the global market. Besides this, continuous technological advancements in the product formulation offering improved adhesion durability and flexibility are acting as significant growth-induing factors. Furthermore, the increasing number of construction and infrastructure development activities across the globe is further propelling the market growth. Apart from this, the rising product usage in the bonding of several metal and plastic substrates in the automotive sector is positively influencing the global market. Additionally, the expanding chemical processing industry is also fueling the market growth. In addition to this, increasing e-commerce consumer goods packaging applications and extensive research and development (R&D) activities conducted by key players are anticipated to fuel the water-based adhesives market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Resin Type:
- Acrylic Polymer Emulsion (PAE)
- Polyvinyl Acetate (PVA) Emulsion
- Vinyl Acetate Ethylene (VAE) Emulsion
- Styrene Butadiene (SB) Latex
- Polyurethane Dispersion (PUD)
- Others
Breakup by Application:
- Tapes and Labels
- Paper and Packaging
- Building and Construction
- Woodworking
- Automotive and Transportation
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 3M Company
- Arkema
- Bond Tech Industries Inc.
- DuPont de Nemours, Inc.
- Evonik Industries AG
- H.B. Fuller Company
- Henkel AG and Co
- KgaA, MAPEI S.p.A.
- Pidilite Industries Ltd.
- Sika AG
- Weilburger Coatings GmbH, etc.
Browse full report with TOC & List of Figures: https://www.imarcgroup.com/water-based-adhesive-market
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
