The global Industrial Adhesives Market is expected to reach a value of over $73.7 billion by 2027 with a CAGR of around 4%. The growing demand for packaging in various end-use industries such as pharmaceuticals, food and beverage and cosmetics is expected to fuel market growth during the forecast period. The growing demand for e-commerce products, where packaging is a must, is expected to drive demand for industrial adhesives in the coming years. In automotive applications, industrial adhesives are used for bonding structural metals, bonding structural fiber reinforced plastics, bonding interior and exterior trim and glass in automotive applications. It is also used to join internal parts and reduce the need for rivets and welding. Industrial adhesives help reduce the weight of the vehicle and, as a result, increase fuel economy. Therefore, the growing automotive industry is expected to drive product market demand during the forecast period.
A full report of Industrial Adhesives Market available at https://www.orionmarketreports.com/industrial-adhesives-market/15294/
Industrial Adhesives Market: Segmentation
By Material Base:
• Synthetic
• Natural
By Composition:
• Acrylic
• Starch and Dextrin
• Vinyl
• Epoxy Resins
• Rubber
• Polyolefin Polymers
• Amine-based resins
• Others
By Type:
• Water-based Adhesives
• Solvent-based Adhesives
• Hot-Melt Adhesives
• Pressure Sensitive Adhesives
• Others
By End Use Industry:
• Pressure Sensitive Products
• Packaging Industry
• Construction & Woodworking Industry
• Transportation Industry
• Others
Key Companies Covered
• Solvay.
• Henkel AG & Co. KGaA
• Avery Dennison Corporation.
• Hitachi Chemical Co. Ltd
• Lord Corporation
• Mitsubishi Chemical Corporation
• Dow
• Bostik
• BASF SE
• 3M
• Pidilite Industries Ltd
• H.B. Fuller Company
• Other Key Companies
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
