Emulsion adhesives find versatile applications due to their unique features. They provide reliable bonding for various materials in industries such as construction, packaging, textiles, and automotive. Their water-based composition makes them environmentally friendly and easy to handle. Emulsion adhesives offer excellent adhesion to different surfaces, flexibility, and resistance to heat and chemicals. These qualities make them ideal for laminating, labelling, and assembling, thus playing a crucial role in enhancing product durability and performance across diverse sectors.
According to Data Bridge Market Research, the Global Emulsion Adhesives Market is expected to grow with a CAGR of 6.70% in the forecast period of 2022 to 2029.
“Surge in emulsion adhesive usage within the buildings and construction sector boosts the market’s growth”
The surge in emulsion adhesive usage within the buildings and construction sector is propelling significant growth in the emulsion adhesives market. These adhesives offer versatile bonding solutions for various construction materials, ensuring strong and durable connections. Their ability to adhere well to diverse surfaces, coupled with their flexibility and environmental friendliness, makes them a preferred choice. As the construction industry continues to expand, the demand for reliable and efficient bonding agents like emulsion adhesives is on the rise, consequently driving the market's upward trajectory.
What restraints the growth of the global emulsion adhesives market?
“Raw material insufficiency restraints the market’s growth”
The growth of the emulsion adhesives market is hindered by raw material insufficiency. Key ingredients required for these adhesives might experience shortages or price fluctuations, impacting production and supply. This scarcity can lead to increased costs and potential supply chain disruptions, limiting manufacturers' capacity to meet growing demand. Consequently, the market's expansion is constrained as companies strive to secure reliable sources of raw materials or seek alternatives, while also managing potential price volatility and maintaining consistent product quality.
Segmentation: Global Emulsion Adhesives Market
The global emulsion adhesives market is segmented on the basis of chemical composition, product, type, and application.
- On the basis of chemical composition, the emulsion adhesives market is segmented into rubber-based and acrylic-based.
- On the basis of product, the emulsion adhesives market is segmented into permanent and removable.
- On the basis of type, the emulsion adhesives market is segmented into acrylic polymer emulsion, lattices, vinyl acetate ethylene (VAE) emulsion, polyurethane dispersion (PUD), polyvinyl acetate (PVA) emulsion, and others.
- On the basis of application, the emulsion adhesives market is segmented into tapes and labels, paper and packaging, construction, automotive and transportation, woodworking, and others
Regional Insights: Asia-Pacific dominates the Global Emulsion Adhesives Market
Asia-Pacific dominates the emulsion adhesives market due to escalating demand across diverse end-use sectors, heightened research and development efforts, favourable governmental investment initiatives fostering industrial expansion, robust economic growth in emerging nations, surging construction undertakings, ample raw material reservoirs, and escalating investments from both public and private entities in the Asia Pacific region, the market for emulsion adhesives is experiencing a notable upswing.
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The Prominent Key Players Operating in the Global Emulsion Adhesives Market Include:
- Wacker Chemie AG (Germany)
- Ashland (U.S.)
- Henkel Adhesives Technologies India Private Limited (India)
- H.B. Fuller Company (U.S.)
- 3M (U.S.)
- Pidilite Industries Ltd (India)
- Arkema (France)
- Dow (U.S.)
- CEMEDINE Co., Ltd. (Japan)
- Paramelt RMC B.V. (Netherlands)
- STI Polymer (U.S.)
- Tailored Chemical (U.S.)
- Halltech Inc. (Canada)
- StanChem Inc. (U.S.)
- Faclcon Chemicals LLC (U.S.)
- Valco Cincinnati, Inc. (U.S.)
- Star Bond (Thailand) Company Limited (Thailand)
- Sika AG (Switzerland)
- Franklin International (U.S.)
- Parker Hannifin Corp (U.S.)
- Mapei S.p.A (Italy)
Above are the key players covered in the report, to know about more and exhaustive list of global emulsion adhesives market companies contact, https://www.databridgemarketresearch.com/ru/contact
Research Methodology: Global Emulsion Adhesives Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.