PUBLISHER: Value Market Research | PRODUCT CODE: 1547355
PUBLISHER: Value Market Research | PRODUCT CODE: 1547355
The global demand for Acrylic Adhesives Market is presumed to reach the market size of nearly USD 31.2 Billion by 2032 from USD 17.9 Billion in 2023 with a CAGR of 6.37% under the study period 2024-2032.
An acrylic adhesive refers to a resin-based adhesive consists of acrylic or methyl acrylic polymers. Acrylic adhesives are often the most preferred adhesive in the construction industry as it is environmental resistance. Acrylic adhesives are the strongest adhesives due to two important factors, that is their cohesion and adhesion. Acrylic adhesives have the best cohesion and adhesion in the industry. These factors are highly influenced by the adhesive's cure time, viscosity, and cure temperature, and Acrylic adhesives have high viscosity, with longer cure times and higher cure temperatures. Acrylic adhesives are available in either paste or liquid form.
The increasing demand for miniaturization and automation in the electronics industry and technological advancements in end-use industries are the major factors driving the Acrylic adhesives market. Acrylic adhesives have application in several industries such as paper and packaging, construction, medical, woodworking, transportation, consumer electronics lead to high market demand from these industries. The rapidly growing construction sector in Asia-Pacific and Middle-East, and increasing usage in the packaging industry are positively impacting the high market growth. Moreover, the innovation in applications and products and increase in export from Asia-Pacific countries are likely to create growth opportunities for key players of the Acrylic adhesives market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Acrylic Adhesives. The growth and trends of Acrylic Adhesives industry provide a holistic approach to this study.
This section of the Acrylic Adhesives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Acrylic Adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Acrylic Adhesives market include Henkel AG & Company (Germany), 3M Company (U.S.), Bostik SA (France), H.B. Fuller (U.S.), Illinois Tool Works Inc. (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), Pidilite Industries Limited (India), Royal Adhesives & Sealants LLC (U.S.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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