Global water based adhesives demand is projected to grow at a healthy CAGR of 5.75%. Water based adhesives are chemical composite materials which contain mixture of polymer, water, and additives.
They are used for binding one substrate to the other. They are available as solutions or dry powders which are mixed with water prior to application. The binding process completes when the water component of the adhesive evaporates or is absorbed by one of the substrates. Water based adhesives are of several types including acrylics, polyvinyl acetate emulsion, ethylene vinyl acetate emulsion, polyurethane emulsions, chloroprene rubber latex. Based on their binding properties, water based adhesives find application in various areas such as tapes and labels, paper, packaging, woodworking, building and construction, automotive and transportation etc. Growing packaging industry coupled with lesser volatile organic compounds (VOC) emission associated with water based adhesives as compared to other solvent based adhesives is projected to drive the demand of water based adhesives for the forecast period. The growing need for green solvents and more environment friendly adhesives is expected to hinder the demand growth during the forecast period.
In 2020, the spread of COVID-19 in major global economies caused nationwide lockdowns which had an impact on a number of industries. The demand for automotive and construction industry in particular fell sharply for the first half of 2020. This decreased the demand for water based adhesives during the coronavirus pandemic. Region wise, Asia Pacific region holds the major share of global demand for water based adhesives due to the burgeoning packaging industry and growing demand from other industries such as automotive, construction, woodworking, paper etc.
Years considered for this report:
Historical Period: 2015-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2030
Objective of the Study:
•To assess the demand-supply scenario of water based adhesives which covers production, demand and supply of water based adhesives market globally.
•To analyse and forecast the market size of water based adhesives .
•To classify and forecast global water based adhesives market based on technology, end-use and regional distribution.
•To identify drivers and challenges for global water based adhesives market.
•To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global water based adhesives market.
•To identify and analyse the profile of leading players involved in the manufacturing of water based adhesives.
Major players for water based adhesives globally include DIC, Evonik, Dow Corning, Huber Group, 3M Company, Illinois Tool Works, Franklin International, Eastman Chemical Company, H.B. Fuller Company, Royal Adhesives and Sealants, Ashland.
To extract data for global water based adhesives market, primary research surveys were conducted with water based adhesives manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global water based adhesives market over the coming years.
ChemAnalyst calculated water based adhesives demand globally by analyzing the historical data and demand forecast which was carried out considering imported water based adhesives, styrene prices, monomers used for production of water based adhesives. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• water based adhesives manufacturers and other stakeholders.
•Organizations, forums and alliances related to water based adhesives distribution
•Government bodies such as regulating authorities and policy makers
•Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as water based adhesives manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, global water based adhesives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, by Application
Tapes And Labels, Paper, Packaging, Woodworking, Building and Construction, Automotive and Transportation.
Direct Company Sale, Direct Import, Distributors & Traders, Retailers
Market, by Region
North America, APAC, Europe, MEA, South America
Competitive Landscape
ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial matrices, growth strategies, expansion plans, collaborations, SWOT analysis etc.to give a comprehensive and meaningful insights on the respective product market.
Available Customizations:
With the given market data, Chemanalyst offers customizations according to a company’s specific needs. The following customization options are available for the report:
In case you don’t find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker
Disruption Tracker reflect the major shutdown on monthly basis which will help you in
tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions
resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries
with a global view of production and consumption capacity loss that reflects the corresponding conversion factors.
It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up
of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case
of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
Which are the major application areas of water based adhesives?
Ans:
Tapes and labels, paper, packaging, woodworking, building and construction, automotive and transportation etc. are some of the major application areas of water based adhesives.
Q2.
Which region holds the maximum demand share in the Global water based adhesives market as of 2020?
Ans:
Asia Pacific holds the major demand share of water based adhesives due to the growing packaging, automotive, and construction industry and increasing industrialization which requires binding materials.
Q3.
Do You offer a single or multi-user license?
Ans:
We offer multi-user license, which will allow three users within in your organizations to access the report at any given point of time.
Q4.
Will I get access to Analyst who has authored the report?
Ans:
Will I get access to Analyst who has authored the report?Yes, you will have 24/7 access to the analyst during the subscription period.
Our Solutions
Custom Research
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
Techno Economic Feasibility Report (TEFR)
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Price Benchmarking
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.