The adhesive resin market is estimated to reach 5,012.80 Thousand Tons by volume by 2020, signifying a firm CAGR of over 4.14% between 2015 and 2020.

The global market, along with its applications, showed a high growth in the past few years and is estimated to continue in the coming years. An increase in the demand in automotive, packaging, industrial, and other applications will be the key influencing factors for the global market..

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The global value of adhesive resin market was estimated to be about $11,339.66 Million in 2015 and is projected to reach $14,387.78 Million by 2020, growing at a CAGR of 4.88% between 2015 and 2020. Currently, the Asia-Pacific region is the largest consumer of adhesive resins and is estimated to grow at the highest CAGR. The countries such as China, Japan, and India is expected to lead the Asia-Pacific market, with China having the largest share in the regional volumetric consumption of adhesive resins. The market volume of adhesive resin is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.

The North America and the Europe regions are the most active markets in terms of strategic initiatives, owing to their market demands. The automotive adhesives application has led the rapid growth in the market.

The significant adhesive resin manufacturers include E.I. du Pont de Nemours and Company (U.S.), ExxonMobil Chemical (U.S.), Eastman Chemical (U.S.), Dow Chemical (U.S.), Lawter (U.S.), Mitsui Chemicals America, Inc. (U.S.), Mitsubishi Chemical (Japan), Georgia-Pacific Chemicals (U.S.), Ashland Inc. (U.S.), and Yparex B.V. (Netherlands), and other local players.

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On the basis of formulating technology:

Water-based
Solvent-based
Hot Melt
Reactive & Others
On the basis of application:

Paper & Packaging
Building & Construction
Wood-working
Transportation
Consumer/DIY
Leather & Footwear
Others (Assembly/Production)
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