The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector.
Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.
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Market Scope:
One of the report’s central components is the broad Plastic Adhesives Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
Some major companies in the global market report include Arkema SA, 3M Company, Parker Hannifin Corporation, Huntsman International LLC, Sika AG, Henkel AG, Dow Inc., Illinois Tool Works Inc., MaterBond Inc., and Ashland Global Specialty Chemicals Inc., among others.
Emergen Research has segmented the global plastic adhesives market on the basis of resin type, substrate, distribution channel, application, and region:
Resin Type Outlook (Revenue, USD Billion; 2017-2027)
Epoxy
Polyurethane
Acrylic
Silicone
Cyanoacrylate
Methyl Methacrylate
Others
Substrate Outlook (Revenue, USD Billion; 2017-2027)
Polyethylene
Polypropylene
Polyvinyl Chloride
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
Packaging
Building & Construction
Automotive & Transportation
Assembly
Medical
Others
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Plastic Adhesives market?
What are the key product types and applications of the Plastic Adhesives industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Plastic Adhesives market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Plastic Adhesives Market by 2027?
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