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Worldwide Water-borne Adhesives Industry to 2026 - Construction Industry to Dominate the Market

·5-min read

Dublin, Aug. 17, 2021 (GLOBE NEWSWIRE) -- The "Water-borne Adhesives Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The market for water-borne adhesives is likely to register a CAGR of over 5%, during the forecast period. One of the major factors driving the market is the increasing demand from the packaging industry.

Limited usage in high-end applications is likely to act as a restraint to the market studied. Acrylic resin type has accounted for the highest share of the market and is expected to continue dominating the market during the forecast period.

Incorporation of bio-based polyol components in water-borne adhesives is likely to provide opportunities for the market growth, in the future. Asia-Pacific is likely to account for the major market share, during the forecast period.

Key Market Trends

Construction Industry to Dominate the Market

  • In the construction sector, adhesives are used in concrete, ceramic tiles, carpet laying, flooring underlayment, drywall lamination, joint cement, manufactured housing, pre-finished panels, resilient flooring, roofing, and wall covering. Various types of adhesives are used depending on the purposes they serve. The growth in green building construction, coupled with the rising concern about the quality of construction, is accelerating the demand for water-borne adhesives.

  • Water-borne adhesives are produced from either soluble synthetic polymers or natural polymers. Water-borne adhesives use water as a carrier or diluting medium to disperse a resin. Water-borne adhesives are increasingly becoming an integral part of construction chemicals, owing to their eco-friendly and low-toxic nature, high solid content, and high initial adhesion properties.

  • Furthermore, according to the United Nations (UN), around 50% of the global population resides in urban cities, which is projected to touch 60%, by 2030. The pace of economic and demographic growth has to be in harmony with the demand for commercial, residential, and institutional construction activities. By 2030, around 40% of the global population is likely to need housing at the rate of over 96,150 houses per day. Hence, with the growth of the residential sector, the use of water-borne adhesives is likely to increase during the forecast period.

Asia-Pacific to Dominate the Market

  • Asia-Pacific dominated the water-borne adhesives market, in terms of consumption.

  • China is currently the leading consumer of water-borne adhesives across the world, followed by India.

  • Most of the major players of the market have a presence in China. The rapidly growing packaging industry of China is also likely to boost the demand for water-borne adhesives.

  • In India, the construction and packaging sectors have been witnessing substantial growth in the recent years, owing to the increasing investments from the government.

  • Furthermore, shifting consumer focus toward flexible packaging may offer numerous opportunities to the growth of the Asia-Pacific water-based adhesives market.

  • Hence, Asia-Pacific is likely to dominate the market during the forecast period.

Competitive Landscape

The market for water-borne adhesives is highly fragmented, and the market share is divided among several players. Some of the key companies of the market include 3M, Henkel AG & Co. KGaA, HB Fuller Company, Arkema, and Sika AG, among others.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format

  • 3 months of analyst support

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Demand from Packaging Industry
4.1.2 Other Drivers
4.2 Restraints
4.2.1 Limited Usage in High-end Applications
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION
5.1 Resin Type
5.1.1 Acrylics
5.1.2 Polyvinyl Acetate (PVA) Emulsion
5.1.3 Ethylene Vinyl Acetate (EVA) Emulsion
5.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex
5.1.5 Other Resin Types
5.2 End-user Industry
5.2.1 Building and Construction
5.2.2 Paper, Board, and Packaging
5.2.3 Woodworking and Joinery
5.2.4 Transportation
5.2.5 Healthcare
5.2.6 Electrical and Electronics
5.2.7 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN Countries
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 France
5.3.3.3 United Kingdom
5.3.3.4 Italy
5.3.3.5 Rest of the Europe
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 3M
6.4.2 AdCo (UK) Ltd.
6.4.3 Alfa International Corporation
6.4.4 Arkema Group (Bostik SA)
6.4.5 Ashland
6.4.6 Avery Dennison Corporation
6.4.7 Benson Polymers Limited
6.4.8 Dow
6.4.9 HB Fuller Company
6.4.10 Henkel AG and Co. KGaA
6.4.11 Jowat AG
6.4.12 PARKER HANNIFIN CORP
6.4.13 Royal Adhesives & Sealants.
6.4.14 Sika AG
6.4.15 Wacker Chemie AG
6.4.16 Wisdom Adhesives Worldwide

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/9kcsox

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


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