Adhesives Market
Chemicals

Global Adhesives Market Size, Forecasts, And Opportunities

Learn about the global adhesives market through The Business Research Company, which provides information on adhesives market size, adhesives market drivers and restraints, adhesives market players, the COVID-19 impact on the adhesives market, and more.

Last few days of our annual market report sale! Buy now.

The global adhesives market is expected to grow from $58.35 billion in 2020 to $62.44 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $75.25 billion in 2025 at a CAGR of 5%.

During the historic period technological development was a key driver of the global economy. Industries such as the adhesives industry which involve technology benefited from this trend. Technologies such as hot melts, reactive acrylics and UV systems became popular because of their safety and energy efficiency. Adhesives also replaced mechanical fastening systems due to better performance and overall lower costs. These factors drove the adhesives market during the historic period.

Request A Sample For The Global Adhesives Market Report:

https://www.thebusinessresearchcompany.com/sample.aspx?id=2114&type=smp

The adhesives market consists of the sales of adhesives, glues and caulking compounds by entities (organizations, sole traders or partnerships) that produce adhesives, glues and caulking compounds.

Global Adhesive Market Segments Include:

By Type: Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives

By Application: Packaging, Construction, Laminates, Woodstock and Furnishing, Automobile, Footwear, Others

By Product Type: Acrylic, PVA, Polyurethanes, Styrenic Block, Epoxy, EVA, 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 was the largest region in the global adhesives market, accounting for 47% of the market in 2020.

Many adhesive companies are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to obtain real time insights and identify inefficiencies in the manufacturing process. The data obtained is processed, analysed and interpreted by plant managers and senior level management to improve quality and achieve optimum production levels.

TBRC’s adhesives market report covers:

Major Market Players: 3M, Henkel, Sika AG, Dow Chemical Co, BASF.

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)

The Adhesives Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides adhesives market overviews, analyses and forecasts market size, share, adhesives market players, adhesives market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s adhesives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Chemicals Global Market Report 2021

Water-Based Adhesives Global Market Report 2021

Surgical Sealants And Adhesives Global Market Report 2021

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

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info
Check out our Blog: https://blog.tbrc.info/
Check out our Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Leave a Reply

Your email address will not be published. Required fields are marked *