Global Adhesives and Adhesive Application Equipment Market report published by Accurize Market Research forecast that the global market is expected to reach $82 billion by 2025; growing at a CAGR of 5.2% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Increasing demand from the packaging industry, rising need for replacing other adhesive technologies and need for high-performance solutions across the globe to drive the growth of the market
Increasing demand from the packaging industry, rising need for replacing other adhesive technologies and the need for high-performance solutions fuel the demand for the global adhesives and adhesive application equipment market. Furthermore, an increase in disposable income and growth in non-woven disposable industries also boosts the growth of the market.
Market Segmentation
The global adhesives and adhesive application equipment market has been bifurcated on the basis of technology, type, application, and geography. The type segment is segmented as adhesive-dispensing systems and adhesive unloading equipment. Application segment is further segmented into adhesives in the paper, board and related product packaging applications, adhesives in civil engineering applications, adhesives market in woodworking applications, adhesives in assembly applications, and adhesives in transportation applications and adhesives market in miscellaneous applications. By geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW).
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Top players in the market
The key market players include Robatech, Glue Machinery Corporation, Gluefast Company, Henkel, Nordson Corporation, Adhesive & Equipment, Inc., Valco Melton, Dymax Corporation, Henline Adhesive Equipment Corporation, ItwDynatec, Graco Inc., 3m Company and Adhesive Dispensing Limited among others.