Rockville, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Sales of emulsion adhesives are projected to accelerate at a CAGR of 7.4% from 2023 to 2033, as per a new industry analysis by Fact.MR, a market research and competitive intelligence provider. As such, the global emulsion adhesives market is forecasted to reach a valuation of US$ 38 billion by the end of 2033.
Emulsion adhesives are generally known as acrylic polymer adhesives that are formed by styrene-butadiene latex, ethylene-vinyl acetate (EVA), acrylic resins, and emulsifying and polymerizing acetic vinyl. Further, these water-based solutions are manufactured without the use of solvents.
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Growing demand for flexible packaging and low-cost alternatives along with rising demand for various low-emission automobiles are predicted to result in increased adoption of emulsion adhesives. Thus, based on these factors, the growth opportunities in the global market are estimated to increase.
Key Takeaways from Market Study
- The global emulsion adhesives market is estimated to reach a valuation of US$ 38 billion by 2033-end.
- The Canadian market is expected to progress at a steady CAGR of 6% through 2033.
- The value of the industry of ceramic adhesives is US$ 18.5 billion in 2023.
- The market is predicted to progress at a CAGR of 7.4% through 2033.
- Demand for emulsion adhesives in Canada is anticipated to increase at a CAGR of 6% through 2033.
“The global market is being driven due to rising demand for environmental-friendly adhesives for in packaging, paper working, woodworking, and manufacturing furniture,” says a Fact.MR analyst.
Market Driver
Increasing demand for emulsion adhesives across developing nations along with the rising demand for eco-friendly adhesives are estimated to serve as pivotal factors that will contribute to overall market growth.
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Key Companies Profiled
- 3M Company
- Wacker Chemie
- Ashland Inc.
- The DOW Chemical Company
- Falcon Chemicals LLC
- Tailored Chemical Products
- Lord Corporation
- Pidilite Industries Ltd.
Segmentation of Emulsion Adhesives Industry Research
- By Type :
- Permanent
- Removable
- By Resin Type :
- Acrylic Polymer Emulsion
- Polyvinyl Acetate Emulsion
- Vinyl Acetate Ethylene Emulsion
- SBC Latex
- PU Dispersion
- Others
- By Application :
- Paper & Packaging
- Automotive & Transportation
- Tapes & Labels
- Woodworking
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Various methods including machine coating and brush coating are used to apply these adhesives. These adhesives are non-flammable and non-toxic in nature so are more reliable compared to other adhesives. In addition, environment-friendly properties of emulsion lubricants are predicted to enhance safety measures across factory operations including ventilation, flameproof lighting, and others.
The requirements for eco-friendly adhesives that are safer in use during application and manufacturing are also predicted to bolster demand for different emulsion adhesives. Moreover, the growing use of emulsion adhesives across the construction industry is also contributing to revenue opportunities for industry players.
Table of Content
1. Global Market - Executive Summary
1.1. Global Market Overview
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Fact.MR Analysis and Recommendations
2. Global Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Introduction and Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on
3.1.2. COVID-19 Crisis and Impact on Aprotic Solvent Prices
3.1.3. COVID-19 Impact Benchmark with Previous Crisis
3.2. Key Trends Impacting the Market
3.3. Formulation and Type Development Trends
4. Market Background and foundation Data Points
4.1. Need of the Hour for Industries
4.2. Industry Wise Industry 4.0
4.3. – Strategic Priorities
4.4. Life Cycle Stage
4.5. Importance of Technology
5. Global Market Demand (US$ Mn) Analysis 2018-2022 and Forecast, 2023-2033
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global emulsion adhesives market for the period of 2023-2033.
The study divulges essential insights into the market on the basis of type (permanent, removable), resin type (acrylic polymer emulsion, polyvinyl acetate emulsion, vinyl acetate ethylene emulsion, SBC latex, PU dispersion, others), and application (paper & packaging, automotive & transportation, tapes & labels, woodworking, others), across five major regions of the world (North America, Europe, Asia Pacific, Latin America, and MEA).
Check out more related studies published by Fact.MR Research:
Emulsion Stabilizers Market - The global emulsion stabilizers market was valued at USD 1.1 billion in 2022 and is expected to reach USD 1.9 billion by 2032, growing at a CAGR of 6.5% during the forecast period 2023-2032.
Textile Adhesives Market - The global textile adhesives market is expected to grow at a CAGR of 4.4% during the forecast period from 2022 to 2032. The market is estimated to reach a value of USD 2.8 billion by 2032.
Structural Adhesives Market - Worldwide consumption of structural adhesives is predicted to increase at a CAGR of 6.7% from 2022 to 2032. The global structural adhesives market stands at a value of US$ 14.74 billion in 2022 and is estimated to bring in revenue of US$ 28.2 billion by the end of 2032.
UV Cured Adhesives Market - The global UV cured adhesives market has witnessed moderate growth at a CAGR of 6.7% over the past half-decade. However, in 2nd and 3rd quarter of FY2020, the market has stepped on the brakes of demand for fast curing adhesives
Pressure Sensitive Adhesives - Pressure-sensitive adhesives market is estimated to reach US$ 71 Bn by 2026, up from US$ 43.5 Bn in 2017, reflecting a CAGR of 5.6%. In the long-run, the industry is slated to reach US$ 93 Bn, expanding 1.8x from 2021 to 2031.
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