What is the worth of the global adhesives industry?

According to the adhesives market report by Beroe, the Asia Pacific market is evaluated at $ 24.64 Bn, while the market size in Europe and North America is valued at $ 10.42 Bn and $ 9 Bn respectively.

What is the market outlook for the global adhesives industry?

Beroe’s adhesives market research data shows that the global market for the adhesives industry is highly fragmented, competitive, and less capital intensive as there are several players at the regional and multinational levels.

What are the key factors driving the growth of the adhesives industry?

The major demand drivers for the global adhesive market come from automotive, construction, and food packaging. The demand for water-based adhesives is driven by increasing regulations and low VOC content, while higher growth rates for hot melt adhesives will be driven by the packaging industry.

Who are the top players for the global adhesives market?

Due to its highly fragmented structure, many M&A has been the adhesive industry trend in the global market since 2015. Almost 60 percent of the market is highly fragmented and owned by several mid and small-sized manufacturers. The top six players that hold about 40 percent of the global market are Henkel, H.B. Fuller, Bostik, Sika, Dow, Royal Adhesives.

Why does the European market region have a major consumption of waterborne adhesives?

The high consumption of waterborne adhesives is because of its eco-friendly characteristics, low toxicity, high initial adhesion, and variable formulation properties. Moreover, the major raw materials used in its manufacturing, such as VAM, starch and dextrin are also environmentally friendly and have low volatile organic compounds emission.

Where do adhesives find significant application in?

The waterborne adhesives are largely used in the paper and packaging industry. The hot-melt adhesive is used in hygiene, wood, and paper packaging industries. On the other hand, the solvent-based adhesive has a high VOC due to which it is not preferred by many industries. Other adhesives that occupy a significant market portion are Acrylic-based adhesives (35 percent of adhesives market share) and vinyl-based adhesives (30 percent of adhesives market share).

Adhesives Market Outlook, Share, Size, Forecast, Trends, Report

Adhesives Category Intelligence

Report Coverage

Hot Melt Adhesives (HMA) Market Trends
HMA Market Trends
Adhesives – North America Regional Analysis
Adhesives – EMEA Regional Analysis

Market Size

CAGR

4.5 Percent

Market Size North America

$ 9 Bn

Market Size Europe

$ 10.42 Bn

Market Size Asia Pacific

$ 24.64 Bn

Adhesives Market Trends

Category Intelligence on Adhesives covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

Executive Summary
Adhesive Market Analysis
Hot-Melt Adhesive Market Trends
Water-based Adhesives market Trends
Industry Structure
Supplier Outlook

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Industry Outlook & Drivers

Global Market Outlook on Adhesives

The global market for adhesives is less capital intensive in nature and is highly fragmented and competitive, due to the presence of numerous multinational and regional players
Global adhesives market has been witnessing a series of M&A since 2015, due to its highly fragmented structure. Henkel is the leading player with around one-fourth the market share in 2017

adhesives market size

Automotive, construction, and food packaging will be the major demand drivers for adhesives
Increasing regulations and low VOC content will drive the demand for water-based adhesives, whereas hot melt adhesives will witness higher growth rates from the packaging industry

Adhesives – Industry Competitive Landscape

The global market for adhesives and sealants is less capital intensive in nature and is highly fragmented and competitive, due to the presence of numerous multinational and regional players
Global adhesives market has been witnessing a series of M&A since 2015, due to its highly fragmented structure. Top six companies account for only 40 percent of the global market with the rest 60 percent being highly fragmented with many mid and small-sized manufacturers

Global Packaging Adhesives Market

The growth of packaging adhesives is mainly due to the growing demand from food and beverages sector, influenced by the rising disposable income. Growth in flexible packaging, paper & board packaging, and rigid packaging segments will drive the demand for packaging adhesives
Water base and dextrin/starch based adhesives are the widely used adhesives in the packaging industry, which together occupy more than 70 percent of packaging adhesives. These two are the majorly used adhesives in labeling and corrugated boxes applications especially by food and beverages
Corrugated packaging is expected to be the major end-use applications for packaging adhesives followed by labeling applications
Adhesives used in flexible packaging have the fastest growth, due to increasing demand from food and beverages and pharma industries

Adhesives – EMEA Demand by Type and Raw Material

Waterborne is the major adhesives type used in Europe, which occupies more than 65 percent of total demand followed by hot melt and solvent base
The major reason for the high consumption of water borne adhesives is due to its characteristics like eco friendly, low toxic, high initial adhesion and variable formulation properties. The major raw materials used in the production of water born adhesives are VAM, Starch, and Dextrin, which are environment friendly with very low volatile organic compounds emission. It is highly used in paper and packaging industry, construction, automobile and shoe industries
Followed by that, hot melt occupies the major share of 18 percent, which are highly used in industries, such as hygiene, wood, paper packaging industry, etc.
The demand for solvent base adhesives is decreasing in recent times, due to its high VOC, which are not preferred in various industries
Acrylic based adhesives occupy the major market share of 35 percent, followed by vinyl based adhesives with around 30 percent

Adhesives Market Frequently Asked Questions

What is the worth of the global adhesives industry?
According to the adhesives market report by Beroe, the Asia Pacific market is evaluated at $ 24.64 Bn, while the market size in Europe and North America is valued at $ 10.42 Bn and $ 9 Bn respectively.

What is the market outlook for the global adhesives industry?
Beroe’s adhesives market research data shows that the global market for the adhesives industry is highly fragmented, competitive, and less capital intensive as there are several players at the regional and multinational levels.

What are the key factors driving the growth of the adhesives industry?
The major demand drivers for the global adhesive market come from automotive, construction, and food packaging. The demand for water-based adhesives is driven by increasing regulations and low VOC content, while higher growth rates for hot melt adhesives will be driven by the packaging industry.

Who are the top players for the global adhesives market?
Due to its highly fragmented structure, many M&A has been the adhesive industry trend in the global market since 2015. Almost 60 percent of the market is highly fragmented and owned by several mid and small-sized manufacturers. The top six players that hold about 40 percent of the global market are Henkel, H.B. Fuller, Bostik, Sika, Dow, Royal Adhesives.

Why does the European market region have a major consumption of waterborne adhesives?
The high consumption of waterborne adhesives is because of its eco-friendly characteristics, low toxicity, high initial adhesion, and variable formulation properties. Moreover, the major raw materials used in its manufacturing, such as VAM, starch and dextrin are also environmentally friendly and have low volatile organic compounds emission.

Where do adhesives find significant application in?
The waterborne adhesives are largely used in the paper and packaging industry. The hot-melt adhesive is used in hygiene, wood, and paper packaging industries. On the other hand, the solvent-based adhesive has a high VOC due to which it is not preferred by many industries. Other adhesives that occupy a significant market portion are Acrylic-based adhesives (35 percent of adhesives market share) and vinyl-based adhesives (30 percent of adhesives market share).

Adhesives Market Intelligence

Adhesives Category Intelligence

Report Coverage

Market Size

CAGR

Market Size North America

Market Size Europe

Market Size Asia Pacific

Adhesives Market Trends

Table of contents

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Industry Outlook & Drivers

Global Market Outlook on Adhesives

Adhesives – Industry Competitive Landscape

Global Packaging Adhesives Market

Adhesives – EMEA Demand by Type and Raw Material

Adhesives Market Frequently Asked Questions

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Adhesives Market Intelligence

Adhesives Category Intelligence

Report Coverage

Market Size

CAGR

Market Size North America

Market Size Europe

Market Size Asia Pacific

Adhesives Market Trends

Table of contents

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Industry Outlook & Drivers

Global Market Outlook on Adhesives

Adhesives – Industry Competitive Landscape

Global Packaging Adhesives Market

Adhesives – EMEA Demand by Type and Raw Material

Adhesives Market Frequently Asked Questions

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