Water-Based Adhesive Market Size is Expected to Grow at a CAGR of 5.60% By 2026 | Reports and Data
Reports and Data estimates the global Water-Based Adhesive competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2026 as the forecast period. The report offers CAGR and market size for the global Water-Based Adhesive during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Henkel AG & Company, KGaA, Arkema, Sika AG, H.B. Fuller Company, Dow Chemical Company, Dupont, 3M, DIC Corporation, Ashland Inc., Akzo Nobel N.V., and PPG Industries, Inc. and among others
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Water-Based Adhesive Overview :-
Water-based adhesives are gaining significant importance in the market owing to an environmentally friendly and economical alternative to solvent-borne adhesives. Owing to Water-based adhesives flexibility and quick setting time, key end-users of water-based adhesives are the paper & packaging, building & construction, automotive and woodworking among others. Polymers polyvinyl acetate (PVA) and ethylene-vinyl acetate (EVA) used for water-based adhesive preparation. In Water-based adhesives, fluid is mixed with polymers to obtain a resin adhesive which is extremely strong and durable glue and adheres & bond well to various substrates. Another water-based adhesive which made from rubber or emulsified elastomers are known for latex glue. It applied on the substrate which must be allowed to dry to form either a flexible bond or solid bond depending upon the formulation. The water-based adhesive market size may witness firm growth in the footwear industry as it contains low VOC’s, which makes it eco-friendly. Higher viscosity in Water-based adhesives permits its penetration into the material, thereby making it suitable for porous materials. Water-based adhesives are increasing their environmental awareness, and health issues will escalate market demand in footwear applications. The shift in consumer demand towards sportswear due to increasing sports activity for health & fitness has further enhanced the water-based adhesive market growth. Water-based adhesive is used for the rubber to metal bonding as it eliminates the problem of flammability and toxicity associated with organic solvents and is less expensive than other counterparts. Water-based adhesives market size from the construction industry is expected to witness lucrative growth during the assessment period owing to the increase in disposable income and rapidly increasing industrialization. In addition to this, It is used for fixtures to walls, attaching tiles, and for cementation. Increasing capital spending on real estate and national infrastructure across all the regions in the forecasts period.
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For the purpose of this report Reports and Data has segmented global Water-Based Adhesive market on the basis of type, application, and region:
Resin Type (Revenue in USD Million; 2016–2026)
- Acrylic Polymer Emulsion (PAE)
- Polyvinyl Acetate (PVA) Emulsion
- Vinyl Acetate Ethylene (VAE) Emulsion
- Styrene Butadiene (SB) Latex
- Polyurethane Dispersion (PUD)
Application (Revenue in USD Million; 2016–2026)
- Tapes & Labels
- Paper & Packaging
- Building & Construction
- Automotive & Transportation
- Others (consumer & DIY, leather & footwear, sports & leisure, and assembly)
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the Water-Based Adhesive during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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