Water Based Adhesive Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The water-based adhesive market refers to producing and selling adhesives that are formulated using water as a solvent rather than traditional solvents such as alcohols, ketones, and hydrocarbons. These adhesives are used in various industries, including construction, packaging, woodworking, paper, and pulp. Water-based adhesives are prized for their low toxicity, low volatile organic compound (VOC) emissions, and low flammability, making them an attractive option for environmentally conscious consumers and manufacturers. In addition, they can also offer improved performance and increased efficiency compared to traditional solvent-based adhesives, making them a popular choice for a range of applications. The demand for water-based adhesives is expected to grow due to the increasing demand for sustainable and eco-friendly products and the need to reduce the environmental impact of industrial processes.

Market Dynamics

Various useful properties such as durability, flexibility, and economic efficiency, proffered by water-based adhesives drives the water-based adhesive market towards competent growth. Increase in demand for lightweight and low pollution causing vehicles is yet another factor propelling the growth of the market. However, reduced shelf life coupled with the incapacity to store the product for a relatively longer period has curtailed the growth of the water-based adhesive market. Shifting demand of consumers towards sportswear due to rising sports activities for the sake of health and fitness will further provide a lucrative development of the water based adhesive market in the near future.

Market Scope

The "Global Water Based Adhesive Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the water based adhesive market with detailed market segmentation by resin type, application and geography. The global the water based adhesive market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading the water based adhesive players and offers key trends and opportunities in the market.

Market Segmentation

The global water based adhesive market is segmented on the basis of resin type, application and geography. On the basis of resin type the market classify into acrylics, polyvinyl acetate emulsion, ethylene vinyl acetate emulsion, polyurethane dispersions, chloroprene rubber latex, and others. The market on the basis of application is broken into paper & packaging, woodworking, types & labels, automotive & transportation, building & construction and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the water based adhesive market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The water based adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the water based adhesive market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the water based adhesive market in these regions.

MARKET PLAYERS

The reports cover key developments in the water based adhesive market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from water based adhesive market are anticipated to lucrative growth opportunities in the future with the rising demand for water based adhesive in the global market. Below mentioned is the list of few companies engaged in the water based adhesive market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the water based adhesive market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• 3M Company
• DELO Industrial Adhesives
• Dow Corning
• Evonik Industries
• Franklin International
• H.B FullerH.B. Fuller
• Henkel A.G
• Huber Group
• Pidilite Industries Ltd.
• Sika AG

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Water Based Adhesive Report Scope