Water Based Adhesive Market worth $12 Billion by 2019
The report “Water based Adhesive Market by Feedstock (Natural & Synthetic), by Resin Types (Acrylics, PUD, PVA, & others), by Applications (Packaging, Automotive, Electrical & Electronics, Construction, Furniture, & others) - Global Forecasts to 2019”, report analyzes the global Water based adhesive market with respect to market drivers, opportunities, and trends in different regions.
Browse 93 market data tables and 75 figures spread through 152 pages and in-depth TOC on “Water based Adhesive Market by Feedstock (Natural & Synthetic), by Resin Types (Acrylics, PUD, PVA, & others), by Applications (Packaging, Automotive, Electrical & Electronics, Construction, Furniture, & others) - Global Forecasts to 2019"
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The Water based adhesive applications are significantly penetrating the end-user industry markets. They have different characteristics as per their manufacturing and application requirements in the end products. The Asia-Pacific region is expected to dominate the global market with its growing demand for Water based adhesive in different application segments, especially the packaging & construction applications. The Asia-Pacific market is estimated to grow at the highest CAGR in the next five years, with the allied industries expected to boost the overall business need in the respective regions.
R&D will be a key part of the Water based adhesive market, as newer products with lesser cure time, lesser emissions, higher bond strength can be the vital drivers of the overall market. The manufacturing companies, research associations, and end-product manufacturers need to infuse high investments for future advancements and technology modifications of Water based adhesive to match the new demands coming from various end-user industries.
Asia-Pacific is the largest region, both in terms of volume and value, followed by Europe and North America. India, Russia, Brazil, and South East Asian countries are expected to continue as successful markets. The key players in the global Water based adhesive market are H.B. Fuller (U.S), Henkel (Germany), Bayer MaterialScience AG (Germany),The Dow Chemical Company (U.S), Evonik Industries (Germany),Arkema (France), BASF SE (Germany), 3m (U.S), Ashland Inc. (U.S), Sika AG (Switzerland), Avery Dennison Corporation (U.S), Adhesive Research Inc. (U.S), Cyberbond LLC. (U.S), Momentive Specialty Chemicals (U.S), Toyomorton (Japan) and Masterbond (U.S).
The Water based adhesive demand, in terms of value and volume, depicts the current and future projections, according to the parallel economic and industry outlook. This analysis covers important developments, expansions, agreements, and partnerships of the leading global companies.
The global Water based adhesive market was estimated to be is $8.9 billion in 2013, and is projected to exceed $12 billion by 2019, expected to grow at a CAGR of 6.3% between 2014 and 2019. The high demand across the industries, such as Packaging, Automotive, and Construction is expected to increase the overall Water based adhesive consumption.
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