INDUSTRIAL ADHESIVES MARKET TO REACH USD 73.9 BILLION BY 2027 | CAGR 4.9% — FORENCIS RESEARCH

  • According to the new market research report “Industrial Adhesives Market by Material Base (Synthetic and Natural), by Compositions (Acrylic, Vinyl, Epoxy Resins, Polyolefin Polymers, Rubber, Amine-Based Resins), by Application (Automotive, Packaging, Medical, Electronics and Electrical), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2020 to 2027)”, the global industrial Adhesives market is estimated to reach USD 73.9 Billion by 2027 at a CAGR of around 4.9% during the review period.
  • Industrial Adhesives are to bind the surfaces by means of adhesive bonding processes. Adhesives can be used in various applications from packaging to building and construction.
  • These are user-friendly and allow permanent assembly of similar and dissimilar substrates. For instance, hot-melt or spray adhesives can be used to bond fabric to wood, plastic, or metal, thus avoiding the need for stitching.
  • Increasing packaging demand from various end-use industries such as pharmaceuticals, food & beverages, and cosmetics is expected to drive market growth over the coming years.
  • Growth of e-commerce commodities demand, in which packaging is a necessary factor, is anticipated to drive the industrial adhesives demand over the coming years
  • In automotive application, Industrial adhesives are used in structural metal bonding, structural fiber-reinforced plastic bonding, interior exterior trim, and glass bonding in automotive applications
  • the growing automotive industry is projected to drive the product market demand over the forecasted period.
  • However, volaitlity prices of raw material and stringent environmental regulations remain a major restraining factor for the growth of the industrial adhesives market
  • North America
  • Europe:
  • Solvay:
  • Henkel AG & Co KGaA:

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