Global Water Based Packaging Adhesives Market, By Resin Type (Acrylics, Polyvinyl Acetate Emulsion, Ethylene Vinyl Acetate Emulsion, Polyurethane Dispersions, Chloroprene Rubber Latex, Others), Product Type (Vinyl Acetate Adhesives, Starch/Dextrin Adhesives, Rubber Latex Adhesives, Protein/Casein Adhesives) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Water Based Packaging Adhesives Market
Data Bridge Market Research analyses that the water based packaging adhesives market will project a CAGR of 7.0% for the forecast period of 2022-2029 and is likely to reach USD 10,479.22 million in 2029.
Water-based Adhesive, also referred as water-borne adhesive is usually made up of soluble artificial or natural polymers. They're either created naturally or from semisynthetic materials. The adhesives also are used in essential techniques for instance stitching, mechanical fastening, and thermal bonding.
Increase in use of tapes and labels in the packaging of electronic and electrical devices is the major factor accelerating the growth of the water based packaging adhesives market. Furthermore, hygiene and medical packaging, packaging of drug delivery system, packaging of construction materials during transit, packaging related to automotive and logistics, and packaging of consumer and industrial goods are also expected to drive the growth of the water based packaging adhesives market. However, shortened shelf life paired with the inability to store the product for a comparatively longer period restrains the water based packaging adhesives market, whereas, slower drying nature is limiting will challenge market growth.
In addition, various useful properties such as durability, flexibility, and economic efficiency will create ample opportunities for the water based packaging adhesives market.
This water based packaging adhesives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on water based packaging adhesives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Water Based Packaging Adhesives Market Scope and Market Size
Global water based packaging adhesives market is segmented on the basis of product type resin type. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the water based packaging adhesives market is segmented into acrylics, polyvinyl acetate emulsion, ethylene vinyl acetate emulsion, polyurethane dispersions, chloroprene rubber latex, others. Others is further segmented into polyvinylpyrrolidone, cellulose ethers, methylcellulose, modified silyl, butadiene-acrylonitrile, dextrin/starch-based adhesives and casein, Polychloroprene adhesives.
- On the basis of resin type, the water based packaging adhesives market is segmented into vinyl acetate adhesives, starch/dextrin adhesives, rubber latex adhesives, protein/casein adhesives.
Water Based Packaging Adhesives Market Country Level Analysis
The global water based packaging adhesives market is analysed and market size insights and trends are provided by country, product type resin type as referenced above.
The countries covered in the water based packaging adhesives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the water based packaging adhesives market and will continue to flourish its trend of dominance during the forecast period because of the fastest-growing consumer markets of China, India, and other. Asia Pacific countries. North America will however register the highest CAGR for this period. Because of the increasing sports activities for the sake of health and fitness in the region.
The country section of the water based packaging adhesives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Water Based Packaging Adhesives Market Share Analysis
The water based packaging adhesives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to water based packaging adhesives market.
Some of major players operating in the water based packaging adhesives market report Bostik, Ashland, DowDuPont, Henkel AG & Co. KGaA, Illinois Tool Works Inc., MAPEI S.p.A., 3M, Sika AG, Pidilite Industries Ltd., H.B. Fuller Company, Permabond LLC, DELO Industrial Adhesives, Akzo Nobel N.V., SCIGRIP, Franklin International, Reynolds Co., Dymax Corporation, LORD Corporation, Jowat SE, Sealock Ltd, KLEIBERIT, Faclcon Chemicals LLC., Paramelt, PPG Industries Inc. and ARDEX Group among other
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