Global Water-Based Adhesives Market
Chemicals

5 Major Insights Into The Water-Based Adhesives Market Report 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

The Business Research Company’s Water-Based Adhesives Global Market Report 2024 offers crucial insights into the water-based adhesives market help businesses analyse and build stronger strategies.

 

A Fluid Surge: Rapid Growth in Market Size

  • Recent Expansion: The water-based adhesives market has experienced remarkable growth, catapulting from $41.61 billion in 2023 to an estimated $46.32 billion in 2024, showcasing an impressive CAGR of 11.3%.
  • Historical Catalysts: The surge in the historic period was fueled by reduced health risks, packaging industry growth, increased woodworking, and consumer demand for sustainable products.

 

Liquid Assets: A Forecast of Rapid Growth

  • Projected Momentum: The water-based adhesives market is set to continue its rapid growth, expected to reach $69.61 billion in 2028, with a substantial CAGR of 10.7%.
  • Drivers for Future Growth:
    • Green and sustainable initiatives
    • Rising demand in construction
    • Flexible packaging expansion
    • Automotive sector growth
  • Trends in Forecast Period:
    • Bio-based water-based adhesives
    • High-performance formulations
    • Nanotechnology integration
    • Packaging innovation

 

Constructing Success: Growing Construction Industry Boosts Market

  • Impact of Construction: The burgeoning construction industry is anticipated to propel the water-based adhesives market growth.
  • UK Construction Boom: In 2021, the UK construction industry saw a record 12.7% annual increase, with a 2.0% monthly rise in construction output in December 2021. The growth is attributed to new work (3.5%), contributing to the quarterly production climb of 1.0% in Q4 2021 compared to Q3.

 

Market Dynamics: Key Players Shaping the Industry

  • Leading Companies: Major players influencing the water-based adhesives market include Henkel AG & Co. KGaA, H.B. Fuller Company, 3M Company, and many more.
  • Diverse Offerings: These companies contribute to the market with a range of adhesives catering to various industries such as construction, packaging, automotive, and more.

 

Read The Full Water-Based Adhesives Market Report Here:
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Innovation Wave: Product Expansion Transforms Market Landscape

  • New Product Development: Companies in the water-based adhesives market are investing in innovative products to meet diverse customer needs.
  • Dow’s INVISU™ 7007: In August 2023, Dow Inc. launched INVISU™ 7007, a wash-off label adhesive designed to facilitate PET recycling by easily separating polyolefin-based (PE, PP) filmic labels from PET bottles. The product offers moisture resistance and compliance with recycling standards.

 

Strategic Moves: Duraco Specialty Materials Acquires Strata-Tac Inc.

  • Acquisition: In May 2023, Duraco Specialty Materials acquired Strata-Tac Inc., enhancing its range of pressure-sensitive adhesives for labels and tapes, face stocks, and specialty-coated materials.
  • Strength in Water-Based Chemistries: Strata-Tac’s expertise in water-based chemistries complements Duraco’s sustainable solutions, solidifying its position as a top North American producer of specialized labels and coated films.

 

Market Segmentation: A Comprehensive Overview

  1. Type of Resin:
    • Acrylic Polymer Emulsion (PAE)
    • Polyvinyl Acetate (PVA) Emulsion
    • Vinyl Acetate Ethylene (VAE) Emulsion
    • Styrene Butadiene (SB) Latex
    • Polyurethane Dispersion (PUD)
  2. Product Type:
    • Vinyl Acetate Adhesives
    • Starch/Dextrin Adhesives
    • Rubber Latex Adhesives
    • Protein/Casein Adhesives
    • Other Product Types
  3. Application:
    • Tapes & Labels
    • Paper & Packaging
    • Building & Construction
    • Automotive & Transportation
    • Other Applications (consumer & DIY, leather & footwear, sports & leisure, and assembly)

 

Regional Dynamics: Asia-Pacific Takes the Lead

  • Largest Region: Asia-Pacific emerged as the largest region in the water-based adhesives market in 2023, showcasing the region’s significant role in the industry’s growth.

 

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The Water-Based Adhesives Global Market Report 2024  provides a comprehensive outlook of the water-based adhesives market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The water-based adhesives market forecast offers a thorough analysis on water-based adhesives market size, water-based adhesives market share, prominent players and their strategies.

 

The Table Of Content For The Water-Based Adhesives Market Include:
1. Water-Based Adhesives Market Executive Summary
2. Water-Based Adhesives Market Segments
3. Water-Based Adhesives Market Size And Water-Based Adhesives Market Growth Rate
4. Key Water-Based Adhesives Market Trends
5. Major Water-Based Adhesives Market Drivers
……
25. Key Mergers And Acquisitions In The Water-Based Adhesives Market
26. Top Water-Based Adhesives Companies
27. Water-Based Adhesives Market Opportunities And Strategies
28. Water-Based Adhesives Market, Conclusions And Recommendations
29. Appendix

 

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