The Water Based Adhesives Market report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
The water-based adhesives market size reached USD 18.10 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of water-based adhesives in packaging and footwear industries and growing usage of water-based adhesives derived from animals for bookbinding are factors driving growth of the market. Water-based adhesives do not need to be dry atomized before use because they are moisture-resistant and use of this characteristic will decrease production processes and likelihood of errors while extending pot life. Additionally, these adhesives maintain their stability in high humidity and a wide variety of temperatures. Moreover, water-based adhesives are simple to incorporate into production process because they may be distributed in a variety of ways.
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Some Key Highlights From the Report
The polyvinyl acetate emulsion segment is expected to register a significant market revenue growth during the forecast period. Following application to an adherent, water is removed from emulsion through evaporation and absorption by absorbent adherent, which causes inflated particles to consolidate to form a cohesive sticky film. For efficient coalescence and film formation, a specific quantity of plasticizers, such as butyl carbitol acetate and dibutyl phthalate, must be applied. They creep under strain, which is a major drawback of polyvinyl acetate emulsion adhesives and is more pronounced at high temperatures, largely due to plasticizer.
The paper & packaging segment is expected to a register substantial growth over the forecast period. Paper-based packaging products have recently become more popular due to their cost and environmental friendliness, despite the fact that polymer-based packaging materials have been utilized extensively. Currently, paper and paper-based board materials are used to package food products and those sold online. Adhesives are crucial to structure of majority of paper and paperboard packaging, whether they are utilized on packaging line or during the conversion process.
The Asia Pacific market is expected to register a considerable growth rate during the forecast period. The regional market is anticipated to grow owing to immense potential for packaging, automotive, coating, and paints industries in growing countries such as China and India. As these countries add weight to the global water-based adhesive market by establishing numerous manufacturing facilities for various end-user sectors, Asia Pacific may be able to take advantage of enormous growth opportunities.
Some major companies in the market report include :
Arkema, Henkel AG & Co., 3M, Sika, Eastman Chemical Company, Bostik, Inc., H.B Fuller Company, Evonik Industries AG, Dymax Corporation, and Royal Adhesives & Sealants.
Emergen Research has segmented the water-based adhesives market based on resin type, application, and region:
Resin Type (Revenue, USD Billion; 2019–2030)
Ethylene Vinyl Acetate
Polyvinyl Acetate Emulsion
Acrylic Polymer Emulsion
Application Outlook (Revenue, USD Billion; 2019–2030)
Paper & Packaging
Leather & Footwear
Building & Construction
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Technological and innovation landscape
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Unfolding the prime factors prompting global market growth:
The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Water Based Adhesives market into a broad product spectrum.
The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
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Global Water Based Adhesives Market Geographical Landscape - Synopsis:
The report closely studies the growth trajectory of the global Water Based Adhesives market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Elucidating the competitive landscape of the Global Water Based Adhesives Market:
The global Water Based Adhesives market report offers viable insights into the competitive spectrum of the Water Based Adhesives business sphere.
The report systematically profiles the company information of each market player.
It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
The study showcases the extensive product portfolios of the prominent market contenders.
It offers critical data & information about the product application scope and the end-user landscape.
The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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