The solvent-based adhesives global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Solvent-Based Adhesives Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The solvent-based adhesives market size has grown strongly in recent years. It
will grow from $14.24 billion in 2023 to $15.04 billion in 2024 at a compound
annual growth rate (CAGR) of 5.6%. The
growth in the historic period can be attributed to industrial applications,
wide substrate compatibility, fast drying time, long shelf life.
The solvent-based adhesives market size is expected to see strong growth in the
next few years. It will grow to $18.47 billion in 2028 at a compound annual
growth rate (CAGR) of 5.3%. The growth
in the forecast period can be attributed to automotive industry growth, construction
and infrastructure development, electronic components, renewable energy. Major
trends in the forecast period include hybrid adhesives, high-temperature
resistance, custom formulations, packaging innovations.
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Scope Of Solvent-Based Adhesives Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Solvent-Based Adhesives Market Overview
Market Drivers -
The solvent-based adhesives market is expected to benefit from growth in the
automobile manufacturing industry during the forecast period. There is a drive
for the production of lightweight automobiles, which is leading to an increase
in demand for adhesives and sealants. These adhesives and sealants are used in
place of welded joints, mechanical fasteners, and gaskets and help reduce the
weight of the automobile. Thus, the rising demand for lightweight automobiles
is expected to increase the demand for solvent-based adhesives during the
forecast period.
The solvent-based adhesives market covered in this report is segmented –
1) By Type: PolyurethanePU, Styrenic Block, Ethyl Vinly AcetateEVA
2) By End User Industry: Paper and Packaging, Building and Construction,
Woodworking, Automotive and Transportation, Other End Use Industries
3) By Distribution Channel: Direct Sales, Distributor
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Regional Insights -
Asia-Pacific was the largest region in the solvent-based adhesives market in
2023. North America was the second-largest region in the solvent-based
adhesives market report. The regions covered in the solvent-based adhesives
market report are Asia-Pacific, Western Europe, Eastern Europe, North America,
South America, Middle East, and Africa.
Key Companies -
Major companies operating in the solvent-based adhesives market include 3M Company, Alfa International Corporation,
Arkema Group, Ashland Inc., Avery Dennison Corporation, Everad Adhesives SAS,
DuPont de Nemours Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman
Corporation, Jowat AG, LORD Corporation, Sika AG, Bostik, RPM International
Inc., KCC Corporation, Illinois Tool Works Inc., MAPEI SpA, Akzo Nobel NV,
Permabond LLC, Franklin International Inc., COIM Group, Royal Adhesives &
Sealants LLC, Reynolds Industries Inc., Cattie Adhesives Solutions LLC, AJ
Adhesives Inc., Adhesives Research Inc., L.D. Davis Industries Inc., Mars
Supply, Ashland Global Holdings Inc., Beardow Adams Group, Chemence Inc.
Table of Contents
1. Executive Summary
2. Solvent-Based Adhesives Market Report Structure
3. Solvent-Based Adhesives Market Trends And Strategies
4. Solvent-Based Adhesives Market – Macro Economic Scenario
5. Solvent-Based Adhesives Market Size And Growth
…..
27. Solvent-Based Adhesives Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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