Acrylic Adhesives Market Synopsis
Acrylic Adhesives Market Size Was Valued at USD 2.59 Billion in 2023, and is Projected to Reach USD 4.12 Billion by 2032, Growing at a CAGR of 5.29% From 2024-2032.
Single-component acrylic adhesives are subcategories of adhesives that are made from acrylic polymer. With Epoxy, adhesives for example, are versatile in that they give optimum bonding for various materials such as plastic, metal, glass, and wooden surfaces. These are described to have flexibility, stability, excellent in endurance when subjected to weather and age. The acrylic types of adhesives are those that are available either as solvent-borne or water-carried adhesives depending on the process that will be used when marketing the adhesive. The automotive, construction, electronics, and packaging industries are some of the markets that have greatly adopted the products since they can be very effectively used on different materials.
- The global demand for acrylic adhesives has gradually increased over the last ten years mainly because it can be used in the automotive industry, construction, packaging, electronic equipment, and other special fields. That is why acrylic adhesives are used because they have high bonding strength, good resistance to unfavorable conditions and fast curing. They are poly acrylic based and are well known for their excellent performance in structural as well as non-structural applications. The ever rising use of automobiles with thin and light designs have led to the use of acrylic adhesives in the automotive industry to eliminate the normal mechanical fasteners hence reducing vehicle weight and thus the fuel consumption.
- Within the context of the construction industry, acrylic adhesive is applied in bonding of different substrates such as glass, metal and plastics in the advancement of constructional practices. The electronics sector also uses these adhesives for their properties of offering stiff connections in small and delicate gadgets. Region wise Asia-Pacific leads the market because of increase in industrialization and urbanization in the countries like China, India and Japan. North America and Europe lie in the second position due to the application of new technology and construction sustainability. But there are factors which having impacts on the market’s growth such as the variability of raw material prices and the increasing regulatory requirements. However, there are vigorous research and development tendencies to improve the necessary parameters of acrylic adhesives as new opportunities for market development are planned.
- The following are the main factors and trends that define the development of the acrylic adhesives market. One of the key reasons is increased concerns and population awareness of environmentally friendly and sustainable adhesives. The global manufacturers’ attention is a shift towards the production of water-borne acrylic adhesives in the global market excluding VOCs in the production process as the world switches to the environment-friendly products. Also, an increase in infrastructural construction projects especially in the growing economies have contributing factor to the production of high-quality adhesives. Another factor that augments the use of acrylic adhesives comes with the trend of miniaturization expectant in the electronics industry, because of their fine and trustworthy capacities pertinent to joinery of lean aspects.
- Other techniques that have been adopted are also the formulation of hybrid acrylic adhesives that has got characteristics of different adhesive categories. For instance, mixing of acrylic epoxy which is resistant to high temperatures and has outstanding durability gains acceptance in high temperature uses. Furthermore, with more emphasis placed on automations, especially with the manufacturing of products, more adhesives that tend to cure quickly and produce mighty bonds, which are typical of the acrylic adhesive.
- The market is also characterized by a surge in merger and acquisitions and joint venture organizations particularly by major players as way of broadening their market fronts. Capital is being put into research and development to come up with distinctly unique and better serving products to the numerous end-user industries. For instance, the android UV-curable acrylic adhesives enhances production by reducing the curing times and hence adopting it in electronics and automotive industry.
- Therefore, it is apt to conclude that the acrylic adhesives market is set for further development and will continue to improve due to its versatility, the level of technology regarding the material, and the emerging need and focus as regards the environment, the sustainable option. However, issues like regulatory issues and fluctuation on raw material price is something that the market faces and even though the market is faced with these challenges, the market is expected to grow as a result of diversification and various stategic maneuvers by the incumbents in the market. Thus, as industries diverse, the importance of acrylic adhesives in creating lightweight, durable, and environmentally sustainable applications will be prominent, thus contributing to anticipated market growth in the future years.
Acrylic Adhesives Market Trend Analysis
Demand Growth in Automotive Applications
- The following are the factors that have boosted the demand growth in the automotive applications of the acrylic adhesives market . Acrylic adhesive strengths will ideally suit the assembly operation in the automotive environment as they are also characterized by high resistance to moisture and fluctuating temperature. Over the past few years, automotive manufacturers have been looking at ways to manufacture lightweight cars as a way of cutting emissions and increasing fuel efficiency and here, acrylic adhesives are a better option compared to mechanical fasteners such as bolts and rivets. Due to this switch to lighter materials, manufacturers of vehicles have increasingly used acrylic adhesives in body in white, interior trim, and structural joining applications. Also, acrylic adhesives are versatile in Structural Adhesives design and manufacturing aspects and enables different structures to be bonded, offering better appearances and functionality of vehicles.
- Besides, the increasing concern on safety and crashworthiness through government regulations has also stimulated the consumption of acrylic adhesives as they enhance structural and safety performance and meet regulations. Another contributor is the increasing usage of electric vehicles because acrylic adhesives are useful for assembling batteries and others electric car parts. Together, all these factors emphasize the large demand increase and the high relevance of acrylic adhesives for the automotive industry.
Growth in Construction and Infrastructure Projects
- The trend of the Acrylic Adhesives market is on the rise, which is due to the development in construction and infrastructure activities all over the world. Acrylic adhesives are popular due to the factors such as high degree of formulations and bonding of various substances like metal, plastic, ceramics and composite which are required in construction industry for panel bonding, flooring, and insulation among others. The increase in demand is due the continual urbanization that is experienced across the globe, infrastructure development projects as well as increased construction of residential and commercial buildings. Also, acrylic adhesives are aromatic due to their suitability in hostile environments, severe temperatures, and excellent elongation which makes them ideal for internal and external use.
- Progress in the production of acrylic adhesive has also increased their properties like increased forming speed and increased bonding strength that has helped increase their application in construction. Also, strict legislation regarding the utilization of environment-friendly and low VOC adhesives is acting as a key driver for driving innovation to adapt to the changing environment responsibly. Thus, the market for acrylic adhesives is expected to increase as the construction industry developed and further propels in the global scale especially in the emerging nations.
Acrylic Adhesives Market Segment Analysis:
Acrylic Adhesives Market Segmented based on Type, Technology, and Application .
By Type, Acrylic Solvent-Based Adhesives segment is expected to dominate the market during the forecast period
- The Acrylic Adhesives Market includes different kinds of adhesives which are used in different industries and purposes. Water based Acrylic Polymer Emulsions are strong formulations useful in papers and packaging, which support environmental friendly adhesion. Acrylic solvent-based adhesives are used for strong bonding and have high resistance to factors such as moisture and heat hence used in car manufacturing and construction industries for bonding of materials.
- Cyanoacrylic Adhesives which are commonly referred to as super glue are characterized by rapid fixation of substrata such as metal, plastic, and ceramics due to its high strength and the short time it takes to cure. Methacrylic Adhesives, which while being flexible enjoys more elasticity and durability in comparison with its counterpart [Acrylic Adhesives] find more adoption in the medical device assembly and Electronics manufacturing that necessitate biocompatibility and resistance to tougher conditions. New technologies to improve the adhesives’ performance and the increased usage in automobile, electronics, and medical sectors as key markets, which need firm and efficient bonding materials and systems.
By Technology , Solvent-based segment held the largest share in 2023
- By technology, the Acrylic Adhesives Market is categorized into water borne, solvent borne, reactive and hot melt. Emerging trends in water based acrylic adhesives are driven by low VOC characteristic, environmental friendly, and ease of application provide the wide application in the construction, automotive and packaging industries. Acrylic adhesive having solvent base has very good bonding properties and initially if the cure is fast, is often used in applications where emission of solvent is not a major problem. Reactive acrylics are very flexible with great response to use in high performance applications where includes aerospace, electronics, and medical applications where reliability of the adhesives is very vital.
- Hot melt acrylic adhesives set quickly, are strong, and work well on a number of substrate types and are used in assembly, woodworking and automotive industries where high production rates are required. Every segment of acrylic adhesives technology offers a package that meets certain application needs thus positively participating to the growth and innovation of adhesive types that exist in the global market.
Acrylic Adhesives Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- The Acrylic Adhesives Market is expected to show a good growth in the forecast period and especially, North American market is expected to dominate this growth. This may be explained by series of factors Some of them include: First, North America has a well-developed manufacturing industry in car, construction, electronic and communication industries, which majorly use acrylic adhesives. They persistently fuel the need for high-performance adhesive systems due to the region’s improving economic status and continued industrialization.
- Furthermore, high business standards regarding the utilization of eco-friendly adhesives or extremely low VOC limit adhesives fuel market expansion, as acrylic adhesives are extremely environment-friendly with high standards of accreditation. Also, improved technology in the manufacturing of acrylic adhesives expanding their ability to bond well to different substrates and holding superior characteristics of bonding strength and fastening also push up the use of the adhesives in the region. Looking to the future as industries in North America look to advance and diversify the necessity for acrylic adhesives should remain steady thus strengthening the regions’ hold of the world market.
Active Key Players in the Acrylic Adhesives Market
- Henkel AG & Co. KGaA (Germany)
- 3M Company (USA)
- Arkema Group (France)
- H.B. Fuller Company (USA)
- Sika AG (Switzerland)
- Avery Dennison Corporation (USA)
- Illinois Tool Works Inc. (USA)
- Bostik SA (an Arkema company) (France)
- Huntsman Corporation (USA)
- Permabond LLC (USA)
- Other Key Players
Key Industry Developments in the Acrylic Adhesives Market
- July 2022: Mapei started the construction of its third manufacturing facility in Kosi, Mathura, to cater to the demand generated from Northern India.
- February 2022: Arkema Group completed the acquisition of Ashland's Performance Adhesives business. Ashland is a world leader in high-performance adhesives in the United States.
February 2022: H.B. Fuller announced the acquisition of Fourny NV to strengthen its Construction Adhesives business in Europe.
Global Acrylic Adhesives Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.59 Bn. |
Forecast Period 2024-32 CAGR: |
5.29% |
Market Size in 2032: |
USD 4.12 Bn. |
Segments Covered: |
By Type |
|
|
By Technology |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Acrylic Adhesives Market by Type
4.1 Acrylic Adhesives Market Snapshot and Growth Engine
4.2 Acrylic Adhesives Market Overview
4.3 Acrylic Polymer Emulsions
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Acrylic Polymer Emulsions: Geographic Segmentation Analysis
4.4 Acrylic Solvent-Based Adhesives
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Acrylic Solvent-Based Adhesives: Geographic Segmentation Analysis
4.5 Cyanoacrylic Adhesives
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Cyanoacrylic Adhesives: Geographic Segmentation Analysis
4.6 Methacrylic Adhesives
4.6.1 Introduction and Market Overview
4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.6.3 Key Market Trends, Growth Factors and Opportunities
4.6.4 Methacrylic Adhesives: Geographic Segmentation Analysis
Chapter 5: Acrylic Adhesives Market by By Technology
5.1 Acrylic Adhesives Market Snapshot and Growth Engine
5.2 Acrylic Adhesives Market Overview
5.3 Water-based
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Water-based: Geographic Segmentation Analysis
5.4 Solvent-based
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Solvent-based: Geographic Segmentation Analysis
5.5 Reactive
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Reactive: Geographic Segmentation Analysis
5.6 Hot Melt
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Hot Melt: Geographic Segmentation Analysis
Chapter 6: Acrylic Adhesives Market by By Application
6.1 Acrylic Adhesives Market Snapshot and Growth Engine
6.2 Acrylic Adhesives Market Overview
6.3 Paper & Packaging
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Paper & Packaging: Geographic Segmentation Analysis
6.4 Construction
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Construction: Geographic Segmentation Analysis
6.5 Transportation
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Transportation: Geographic Segmentation Analysis
6.6 Electrical & Electronics
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Electrical & Electronics: Geographic Segmentation Analysis
6.7 Medical
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Medical: Geographic Segmentation Analysis
6.8 Furniture
6.8.1 Introduction and Market Overview
6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.8.3 Key Market Trends, Growth Factors and Opportunities
6.8.4 Furniture: Geographic Segmentation Analysis
6.9 Footwear
6.9.1 Introduction and Market Overview
6.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.9.3 Key Market Trends, Growth Factors and Opportunities
6.9.4 Footwear: Geographic Segmentation Analysis
6.10 Others
6.10.1 Introduction and Market Overview
6.10.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.10.3 Key Market Trends, Growth Factors and Opportunities
6.10.4 Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Acrylic Adhesives Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 HENKEL AG & CO KGAA (GERMANY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 3M COMPANY (USA)
7.4 ARKEMA GROUP (FRANCE)
7.5 HB FULLER COMPANY (USA)
7.6 SIKA AG (SWITZERLAND)
7.7 AVERY DENNISON CORPORATION (USA)
7.8 ILLINOIS TOOL WORKS INC (USA)
7.9 BOSTIK SA (AN ARKEMA COMPANY) (FRANCE)
7.10 HUNTSMAN CORPORATION (USA)
7.11 PERMABOND LLC (USA)
7.12 OTHERS
Chapter 8: Global Acrylic Adhesives Market By Region
8.1 Overview
8.2. North America Acrylic Adhesives Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Type
8.2.4.1 Acrylic Polymer Emulsions
8.2.4.2 Acrylic Solvent-Based Adhesives
8.2.4.3 Cyanoacrylic Adhesives
8.2.4.4 Methacrylic Adhesives
8.2.5 Historic and Forecasted Market Size By By Technology
8.2.5.1 Water-based
8.2.5.2 Solvent-based
8.2.5.3 Reactive
8.2.5.4 Hot Melt
8.2.6 Historic and Forecasted Market Size By By Application
8.2.6.1 Paper & Packaging
8.2.6.2 Construction
8.2.6.3 Transportation
8.2.6.4 Electrical & Electronics
8.2.6.5 Medical
8.2.6.6 Furniture
8.2.6.7 Footwear
8.2.6.8 Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Acrylic Adhesives Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Type
8.3.4.1 Acrylic Polymer Emulsions
8.3.4.2 Acrylic Solvent-Based Adhesives
8.3.4.3 Cyanoacrylic Adhesives
8.3.4.4 Methacrylic Adhesives
8.3.5 Historic and Forecasted Market Size By By Technology
8.3.5.1 Water-based
8.3.5.2 Solvent-based
8.3.5.3 Reactive
8.3.5.4 Hot Melt
8.3.6 Historic and Forecasted Market Size By By Application
8.3.6.1 Paper & Packaging
8.3.6.2 Construction
8.3.6.3 Transportation
8.3.6.4 Electrical & Electronics
8.3.6.5 Medical
8.3.6.6 Furniture
8.3.6.7 Footwear
8.3.6.8 Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Bulgaria
8.3.7.2 The Czech Republic
8.3.7.3 Hungary
8.3.7.4 Poland
8.3.7.5 Romania
8.3.7.6 Rest of Eastern Europe
8.4. Western Europe Acrylic Adhesives Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Type
8.4.4.1 Acrylic Polymer Emulsions
8.4.4.2 Acrylic Solvent-Based Adhesives
8.4.4.3 Cyanoacrylic Adhesives
8.4.4.4 Methacrylic Adhesives
8.4.5 Historic and Forecasted Market Size By By Technology
8.4.5.1 Water-based
8.4.5.2 Solvent-based
8.4.5.3 Reactive
8.4.5.4 Hot Melt
8.4.6 Historic and Forecasted Market Size By By Application
8.4.6.1 Paper & Packaging
8.4.6.2 Construction
8.4.6.3 Transportation
8.4.6.4 Electrical & Electronics
8.4.6.5 Medical
8.4.6.6 Furniture
8.4.6.7 Footwear
8.4.6.8 Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 Netherlands
8.4.7.5 Italy
8.4.7.6 Russia
8.4.7.7 Spain
8.4.7.8 Rest of Western Europe
8.5. Asia Pacific Acrylic Adhesives Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Type
8.5.4.1 Acrylic Polymer Emulsions
8.5.4.2 Acrylic Solvent-Based Adhesives
8.5.4.3 Cyanoacrylic Adhesives
8.5.4.4 Methacrylic Adhesives
8.5.5 Historic and Forecasted Market Size By By Technology
8.5.5.1 Water-based
8.5.5.2 Solvent-based
8.5.5.3 Reactive
8.5.5.4 Hot Melt
8.5.6 Historic and Forecasted Market Size By By Application
8.5.6.1 Paper & Packaging
8.5.6.2 Construction
8.5.6.3 Transportation
8.5.6.4 Electrical & Electronics
8.5.6.5 Medical
8.5.6.6 Furniture
8.5.6.7 Footwear
8.5.6.8 Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Acrylic Adhesives Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Type
8.6.4.1 Acrylic Polymer Emulsions
8.6.4.2 Acrylic Solvent-Based Adhesives
8.6.4.3 Cyanoacrylic Adhesives
8.6.4.4 Methacrylic Adhesives
8.6.5 Historic and Forecasted Market Size By By Technology
8.6.5.1 Water-based
8.6.5.2 Solvent-based
8.6.5.3 Reactive
8.6.5.4 Hot Melt
8.6.6 Historic and Forecasted Market Size By By Application
8.6.6.1 Paper & Packaging
8.6.6.2 Construction
8.6.6.3 Transportation
8.6.6.4 Electrical & Electronics
8.6.6.5 Medical
8.6.6.6 Furniture
8.6.6.7 Footwear
8.6.6.8 Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkey
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Acrylic Adhesives Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Type
8.7.4.1 Acrylic Polymer Emulsions
8.7.4.2 Acrylic Solvent-Based Adhesives
8.7.4.3 Cyanoacrylic Adhesives
8.7.4.4 Methacrylic Adhesives
8.7.5 Historic and Forecasted Market Size By By Technology
8.7.5.1 Water-based
8.7.5.2 Solvent-based
8.7.5.3 Reactive
8.7.5.4 Hot Melt
8.7.6 Historic and Forecasted Market Size By By Application
8.7.6.1 Paper & Packaging
8.7.6.2 Construction
8.7.6.3 Transportation
8.7.6.4 Electrical & Electronics
8.7.6.5 Medical
8.7.6.6 Furniture
8.7.6.7 Footwear
8.7.6.8 Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Global Acrylic Adhesives Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.59 Bn. |
Forecast Period 2024-32 CAGR: |
5.29% |
Market Size in 2032: |
USD 4.12 Bn. |
Segments Covered: |
By Type |
|
|
By Technology |
|
||
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
Frequently Asked Questions :
The forecast period in the Acrylic Adhesives Market research report is 2024-2032.
Henkel AG & Co. KGaA (Germany),3M Company (USA),Arkema Group (France),H.B. Fuller Company (USA),Sika AG (Switzerland),Avery Dennison Corporation (USA),Illinois Tool Works Inc. (USA),and Other Major Players..
The Acrylic Adhesives Market is segmented into Type, Technology , Application and Region. By Type, the market is categorized into Acrylic Polymer Emulsions,Acrylic Solvent-Based Adhesives,Cyanoacrylic Adhesives,Methacrylic Adhesives.By Technology, the market is categorized into Water-based,Solvent-based,Reactive,Hot Melt. By Application, the market is categorized into Paper & Packaging,Construction,Transportation,Electrical & Electronics,Medical,Furniture,Footwear,Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Single component acrylic adhesives are subcategories of adhesives which are made from acrylic polymer. With Epoxy, adhesives for example, and these are versatile in that they give optimum bonding for various materials such as plastic, metal, glass and wooden surface. These are described to have flexibility, stability, excellent in endurance when subjected to weather and age. The acrylic types of adhesives are those that are available either as solvent-borne or water-carried adhesives depending on the process that will be used when marketing the adhesive. The automotive, construction, electronics, and packaging industries are some of the markets that have greatly adopted the products since they can be very effectively used on different materials.
Acrylic Adhesives Market Size Was Valued at USD 2.59 Billion in 2023, and is Projected to Reach USD 4.12 Billion by 2032, Growing at a CAGR of 5.29% From 2024-2032