In accordance with this study, the Global Water-Based Adhesive Market value registered in 2021 was close to USD XX BN and is predicted to outstretch revenue by USD XX BN in 2028 with a CAGR of XX% during the period of 2022-2028. In the report the market has also been projected in terms of volume, from 2021 to 2028. The water-based adhesive market is expected to increase from XX KT in 2021 to XX KT by 2028 with an anticipated CAGR of XX% between 2022 and 2028.
Water-based adhesives are adhesives that are formulated either from natural polymers including vegetable sources, protein sources, and animal sources, or from soluble synthetic polymers including polyvinyl alcohol, cellulose ethers, methylcellulose, and others. Water-based adhesives contain water as a carrier fluid and other additives to reduce its viscosity and can be applied on substance efficiently at varying thickness. These adhesives are supplied in the form of dry powder or pre-mixed solution in which water is mixed by distributors. Water-based adhesives are widely used in paper and packaging, automotive & transportation, and in other industries.
The increasing demand for water-based adhesives from paper & packaging industry as these adhesives offer advanced bonding capability, is stimulating the market growth. Moreover, the rising demand from automotive & transportation industry for water-based adhesives as these adhesives are used for interior fittings, manufacturing of car seats, and in other applications, is further fueling the market growth. However, fluctuating price of raw materials of water-based adhesives may hamper the market growth.
The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of water-based adhesive.
The study offers a decisive view of the global water-based adhesive market by segmenting it in terms of resin type and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Resin Type
- Acrylic Polymer Emulsion (PAE)
- Polyvinyl Acetate (PVA) Emulsion
- Vinyl Acetate-Ethylene (VAE) Emulsion
- Styrene Butadiene (SB) Latex
- Polyurethane Dispersion (PUD)
- Tapes and Labels
- Paper and Packaging
- Building and Construction
- Automotive and Transportation
This section covers water-based adhesive market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global water-based adhesive market along with the individual application segment across all the prominent region.
Global Water-Based Adhesive Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global water-based adhesive market are 3M Company, DIC Corporation, Dow Corning, Evonik Industries AG, Franklin International, Inc., Huber Group, and Illinois Tool Works Inc. This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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