Acrylic Adhesive Market- Leading Global Player Profiles, and Business Prospects Upto 2017-2023


Posted April 20, 2018 by harishsomani321

Global Acrylic Adhesive Market Information By: Type (Acrylic Polymer Emulsion, UV Curable), Technology (Water Based, Solvent Based), Application (Automotive & Transportation, Paper & Packaging, Electrical & Electronics), and Region- Forecast to 2023

 
Market Overview:
Acrylic Adhesives are based on resin adhesives, which comprises of methylacrylic and acrylic polymers. These are predominantly manufactured from monomeric esters and polyacrylate solutions. They are also known as light curing material (LCM) and are widely utilized in the production sector due to its rapid curing time and strong bond strength. Moreover, they can withstand high temperature and offer resistance to solvent, humidity, and UV rays. With the aforementioned reasons, they are widely used in numerous application such as paper & packaging, electrical & electronics, automotive & transportation, construction, and others.

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Major Key Players:
The Major Players operating in the Acrylic Adhesive Market are:
• H.B. Fuller (U.S.),
• Henkel AG & Co. KGaA (Germany),
• Bostik S.A. (France),
• Sika AG (Switzerland),
• Eastman Chemical Company (U.S.),
• 3M (U.S.),
• AVERY DENNISON CORPORATION. (U.S.),
• Pidilite Industries Ltd. (India),
• Royal Adhesives & Sealants (U.S.),
• Huntsman International LLC. (U.S.)

Market Segmentation:
The Global Acrylic Adhesive Market is categorized on the basis of Type, Technology, Application:
On The Basis Of Type-
• Acrylic Polymer Emulsion,
• UV Curable,
• Cyanoacrylate,
• Methyl Methacrylate
On The Basis Of Technology-
• Water Based,
• Solvent Based
On The Basis Of Application-
• Automotive & Transportation,
• Paper & Packaging,
• Construction,
• Electrical & Electronics

Regional Analysis:
Geographically, Acrylic Adhesive Market is segmented across Five Regions in the world namely:
• Asia Pacific,
• North America,
• Europe,
• Latin America,
• Middle East & Africa.
Asia Pacific is predicted to be the largest market for acrylic adhesive followed by North America and Europe due to increasing usage in end use industries such as paper & packaging, building & construction, automotive and others. Some of the prominent factors boosting the growth of acrylic adhesive market in Asia Pacific region are inexpensive labor cost, low plant set up cost, high economic growth rate, and competitive manufacturing costs.
The North American acrylic adhesive market is expected to witness a substantial growth. The U.S. is expected to be the major contributor to market owing to the presence of stringent regulations and the major market players, which may govern the industry dynamics of acrylic adhesive during the review period. Europe is predicted to witness a steady growth over the assessment period owing to rising demand from paper & packaging industry. Moreover, industry growth in countries such as France, the UK, Spain, Germany, and Russia are estimated to contribute to the regional industrial growth.

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Tags acrylic adhesive industry analysis , acrylic adhesive market analysis , acrylic adhesive market forecast , acrylic adhesive market research report , global acrylic adhesive market outlook
Last Updated April 20, 2018