Water-Based Adhesives Market Size is Boost USD 15.08 Billion at a CAGR of 5.6% by 2026

According to the current analysis of Reports and Data,  The global water-based adhesives market was valued at USD 15.08 Billion in 2018 and is expected to reach USD 23.35 Billion by the year 2026, at a CAGR of 5.6%.  water-based adhesive market is expected to witness for significant growth during the forecast period owing to its useful application in several end-use industries. Additionally, A rise in environmental and safety issues has further enhanced the growth of the market as the water-based adhesive is low in VOC. 

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Top Lading Players: Henkel AG & Company, KGaA, Arkema, Sika AG, H.B. Fuller Company, DowDupont, 3M, DIC Corporation, Ashland Inc., Akzo Nobel N.V., and PPG Industries, Inc. and among others.

Some Key Highlights from the Report:

·         Water-based adhesives market is growing at a CAGR of 6.3 %in Asia Pacific followed by North America and Europe, with 5.4 % and 5.1 % CAGR, respectively. High water-based adhesives demand across the globe is the key factor to accelerate the market growth during forecast period across all regions.

·         As of 2018, PAE segment is the dominating of water-based adhesives market, which holds 27.5% of the global market. The rising demand and new technologies have boosted the market of the water-based adhesives.

·         VAE segment of the water-based adhesives market is expected to be the fastest-growing market segment during the forecast period 2019-2026 with a CAGR of 6.9%. 

·         Based on application, Tapes and tables segment of the water-based adhesives market was valued at USD 2.63 billion and is expected reach USD 4.44 billion by 2026 and also exhibit the highest CAGR of 6.7% in the forecasts period.

·         Increasing per capita consumption, significant growth in industrialization in the emerging region is estimated to boost the building and construction segment of the water-based adhesives market. The sector is expected to hold more than one-third of market value share in the global market and is expected to dominate the same during the forecast period.

·         The Asia Pacific region is expected to account for approximately one-third of market value share in the global water-based adhesive market during the forecast period followed by North America and Europe.

Segments covered in the report:

Resin Type (Revenue in USD Million; 2016–2026)

  • Acrylic Polymer Emulsion (PAE)
  • Polyvinyl Acetate (PVA) Emulsion
  • Vinyl Acetate Ethylene (VAE) Emulsion
  • Styrene Butadiene (SB) Latex
  • Polyurethane Dispersion (PUD)

Application (Revenue in USD Million; 2016–2026)

  • Tapes & Labels
  • Paper & Packaging
  • Building & Construction
  • Woodworking
  • Automotive & Transportation
  • Others (consumer & DIY, leather & footwear, sports & leisure, and assembly)

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Regional Outlook:

·         North America (U.S.A., Canada, Mexico)

·         Europe (Italy, U.K., Germany, France, Rest of Europe)

·         Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

·         Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

  • What are the dominating factors that are influencing the growth of the industry?
  • In the forecast period, which market segment is expected to rise the most?
  • What are the risks and challenges that the industry is facing?
  • In the coming years, which area is projected to dominate the market?
  • Who are the major players in the market?
  • What kind of strategic business plans have they made?

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