Plastic Adhesives Market Analysis Report, Size, Share, Growth, Applications, Technology, Types, Products and Forecasts Report 2027
The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector. Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.
The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Plastic Adhesives Market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Plastic Adhesives Market landscape.The Plastic Adhesives Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market.
The research provides answers to the following key questions:
What will be the growth rate and the market size of the Plastic Adhesives industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Plastic Adhesives market across different regions?
Who are the major driving forces expected to decide the fate of the Plastic Adhesives industry worldwide?
Who are the prominent market players making a mark in the Plastic Adhesives market with their winning strategies?
Which Plastic Adhesives industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Plastic Adhesives market?
The report further covers extensive regional analysis of the Vertical Farming industry with regards to market scope, market size, market share, revenue generation, production and consumption ratio, supply and demand ratio, and analysis of the key players operating in those regions. The regional analysis covers given below –
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies. The research is one of its kind global analyses of aspects such as import and export status, supply chain management, profit and gross margin worldwide for the forecast period 2020 – 2027. Extensive coverage of statistics associated with recent events including acquisition and mergers and strengths and weaknesses of a company forms an important part of the study on the Plastic Adhesives Market.
Key Highlights From The Report
In April 2019, Parker Hannifin Corporation made an announcement about signing an agreement for the acquisition of Lord Corporation worth USD 3.68 billion. Lord Corporation provides a wide range of adhesives, specialty materials, coatings, vibration & motion control technologies.
Acrylic adhesives are garnering significant traction in the market, owing to the offering of superior temperature, ultraviolet, and oxidation resistance; and hence find preferable usage in outdoor purposes. Acrylic adhesives have the capability to counter the negative plasticizing action taking place with rubber and providing better resistance to chemical exposure.
In the treatment of sports injury, plastic adhesives find application for the wrapping of soft tissue injuries for compression and support, thereby assisting in limiting swelling and safeguarding the affected area.
The market in the Asia Pacific region is likely to grow at the fastest rate in the forecast period, due to the growth of the end-use industries such as the building & construction and packaging industry. China is likely to observe a substantial rise in the plastic adhesives demand, attributed to the surging automotive production, as well as supportive government policies for the production of electronics products.
Resin Type Outlook (Revenue, USD Billion; 2017-2027)
Substrate Outlook (Revenue, USD Billion; 2017-2027)
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Building & Construction
Automotive & Transportation
Regional Outlook (Revenue, USD Billion; 2017-2027)
Middle East & Africa
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Parker Hannifin Corporation,
Huntsman International LLC,
Illinois Tool Works Inc.,
MaterBond Inc., and
Ashland Global Specialty Chemicals Inc.,
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