The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector.
Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.
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It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
Some major companies in the global market report include Arkema SA, 3M Company, Parker Hannifin Corporation, Huntsman International LLC, Sika AG, Henkel AG, Dow Inc., Illinois Tool Works Inc., MaterBond Inc., and Ashland Global Specialty Chemicals Inc., among others.
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Emergen Research has segmented the global plastic adhesives market on the basis of resin type, substrate, distribution channel, application, and region:
Resin Type Outlook (Revenue, USD Billion; 2017-2027)
Epoxy
Polyurethane
Acrylic
Silicone
Cyanoacrylate
Methyl Methacrylate
Others
Substrate Outlook (Revenue, USD Billion; 2017-2027)
Polyethylene
Polypropylene
Polyvinyl Chloride
Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
Online
Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
Packaging
Building & Construction
Automotive & Transportation
Assembly
Medical
Others
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Report Highlights:
The report conducts a comparative assessment of the leading market players participating in the global Plastic Adhesives market.
The report marks the notable developments that have recently taken place in the Plastic Adhesives industry
It details on the strategic initiatives undertaken by the market competitors for business expansion.
It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Plastic Adhesives market value chain.
The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market.
Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Plastic Adhesives market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Plastic Adhesives market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
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