Adhesive Resin Market worth $14,387.78 Million - Application & Global Forecast


Posted April 29, 2019 by abhijeetw1

Asia-Pacific is the biggest and the fastest growing region due to the growing demand for adhesive resins in India, China, Japan, South Korea, and Australia. North America is a matured market and is expected to grow with a low CAGR till 2020.

 
The report “Adhesive Resin Market by Technology (Water, Solvent, Hot-Melt, Reactive & Others), by Chemistry (PAE, PVA, VAE, EVA, SBS, Synthetic Rubber, Polyamide, Polyurethane, Epoxy, Cyanoacrylate, & Others), & by Application - Global Forecast to 2020” report analyzes the global adhesive resin market with respect to market drivers, restraints, opportunities, and challenges in different regions.

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Competitive scenarios of the top players in the adhesive resin market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities. These include key adhesive resins manufacturers such as 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).

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. The primary resins of adhesives are the principal component that provides a lot of characteristics such as wettability, adhesion strength, thermal property, chemical resistance, and environmental resistance. Adhesive resins are resins that are able to combine different materials. In the adhesive industry, the primary resin means a polymer that is the main chain in the adhesive molecular structure. The understanding of primary resins is essential for adhesive curing, application, reliability, and adhesion failure analysis.

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Adhesives help bond two surfaces together, and offer several benefits over other binding techniques such as mechanical fastening, sewing, and thermal bonding. Adhesives feature the ability to bind diverse materials, and provide superior binding strength by distributing stress more efficiently across the joint. In addition to being a cost effective binding technique, adhesives also help enhance the aesthetic appeal of materials. Adhesives are indispensable in a wide range of industrial and commercial applications. From construction, packaging, automotive, furniture, footwear, electronics, ship-building, medical, to aerospace, adhesives are widely used in the manufacturing process. Specialty engineering adhesives are used in the construction and automotive industries, while general-purpose adhesives find applications in both commercial and industrial sectors like consumer goods and packaging. Encouraged by the advancements in curing technologies, adhesives are finding wider use in specialized applications in aircraft manufacturing and food processing.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : +1-888-600-6441
Email: [email protected]
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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags adhesive resin , adhesive resin market
Last Updated April 29, 2019