The Global Plastic Adhesives Market Report By The Business Research Company Covers Plastic Adhesives Market’s Drivers And Restraints, Plastic Adhesives Market Size, Major Players, And The Impact Of COVID-19 On The Plastic Adhesives Market.
The plastic adhesives market consists of sales of plastic adhesives by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing plastic adhesives. Plastic adhesives refers to special type of adhesives used for binding plastic materials together such as polycarbonate, acrylic, styrene, and other plastics. It is used for fixing home appliances such as a computer, phones, audio appliances and for fixing car parts, electrical tubes, and others. Only goods and services traded between entities or sold to end consumers are included.
Increasing demand for plastic adhesives from the construction sector coupled with the growth of the construction industry is anticipated to boost the demand for plastic adhesives market over the forecast period.
The global plastic adhesives market is expected to grow from $6.15 billion in 2020 to $6.69 billion in 2021 at a compound annual growth rate (CAGR) of 8.72%. The growth in the forecast period can be attributed to increase in demand for plastic adhesives from the building and construction industries and other end users, such as automobile industry. The plastic adhesives market is expected to reach $9.12 billion in 2025 at a CAGR of 8.06%.
Request A Sample For The Global Plastic Adhesives Market Report:
Some plastic adhesives market trends include companies increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters and pressure transmitters that help improve operational efficiency in manufacturing facilities. For example, in 2020, Henkel invested $55 million for new adhesives facility in India. This factory is expected to be the largest adhesive manufacturing site in India, the smart manufacturing unit will be launched near Pune and it aims to meet the growing demands of high-performance solutions in adhesives, sealants and surface treatment products within the Asian country. Companies such as IBG use automated processes and high quality to achieve high efficiency and standardized work. IBG offers various automated systems used for bonding and sealing with different adhesives and sealants, as well as turnkey plants.
Global plastic adhesives market segments include:
By Resin Type: Epoxy, Polyurethane, Acrylic, Silicone, MMA, Cyanoacrylate, Others
By Technology: Solvent-Based, Water-Based
By End-User: Automotive, Building And Construction, Electrical And Electronics, Medical, Packaging, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global plastic adhesives market share.
Read More On The Plastic Adhesives Global Market Report 2021: COVID-19 Growth And Change At:
The Plastic Adhesives Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides plastic adhesives market overviews, analyzes and forecasts market size, share, plastic adhesives market players, plastic adhesives market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The plastic adhesives identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Where To Learn More:
Read Plastic Adhesives Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: H.B. Fuller Company, Henkel Corporation, 3M Company, Permabond LLC, Sika AG, DowDuPont, Parker Hannifin Corporation, Master Bond Inc., Huntsman International Llc., Arkema, Adhesive Research Inc., BASF SE, Bostik, Buhnen, Dowdupont, Hexion, Lord Corporation, Mapei Spa, and Pidilite Industry Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Plastic Adhesives Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Plastic Adhesives Sector: The report reveals where the global industry will put on most $ sales up to 2023.
Interested to know more about The Business Research Company?
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx
Here is a list of reports from The Business Research Company similar to the Plastic Adhesives Global Market Report 2021: