Global Acrylic Adhesives Market Poised for Growth: Estimated to Reach USD 18.41 Billion by 2030
Summary
The Global Acrylic Adhesives Market, valued at USD 12.40 billion in 2023, is anticipated to experience significant growth with a compound annual growth rate (CAGR) of 5.81%, reaching nearly USD 18.41 billion by 2030. The report provides a comprehensive analysis of the industry, covering market size, key players, and emerging trends across major geographies.
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Market Size
The Acrylic Adhesives Market, valued at USD 12.40 billion in 2023, is expected to witness robust growth during the forecast period from 2024 to 2030. This growth can be attributed to increased demand across industries like packaging, construction, and electronics.
Scope and Research Methodology
The research methodology involves thorough primary and secondary data collection, coupled with analytical insights. The report highlights trends, drivers, and challenges, presenting data in a clear, actionable format.
Report Coverage
This report offers a detailed analysis of the global acrylic adhesives market, including market size, share, growth trends, and segmentation by technology, type, application, and region. It also evaluates competitive dynamics, emerging opportunities, and strategic developments by key players.
Overview
Acrylic adhesives are extensively used due to their superior bonding capabilities and versatility. Their demand is fueled by rapid industrialization, urbanization, and advancements in end-user industries such as medical devices and automotive.
Market Dynamics
- Drivers: Rising demand for sustainable adhesives and growth in the packaging industry.
- Challenges: Fluctuating raw material costs and stringent environmental regulations.
- Opportunities: Technological advancements in adhesive formulations and growing demand in developing markets.
Segmentation
- By Technology: Water-based, solvent-based, reactive, and others.
- By Type: Acrylic polymer emulsion, cyanoacrylic, methacrylic, UV-curable acrylic.
- By Application: Paper packaging, construction, transportation, medical, consumer electronics, woodworking, and more.
Key Players Include
- Bayer Corporation
- Henkel AG Company
- 3M Company
- Bostik SA
- H.B. Fuller
- Illinois Tool Works Inc.
- Covestro LLC
- Avery Dennison
- Sika AG
- Pidilite Industries Limited
Reason to Buy
This report provides detailed insights into market trends, helping stakeholders identify growth opportunities, understand competitive landscapes, and make informed strategic decisions.
Table of Contents
- Executive Summary
- Market Dynamics
- Market Segmentation
- Regional Analysis
- Competitive Landscape
- Conclusion
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About Us
Maximize Market Research is a leading market research and business consulting firm, known for its expertise across industries such as IT, chemicals, aerospace, and healthcare. With a commitment to delivering actionable insights, we empower businesses to thrive in competitive landscapes.
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