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Increasing adoption of water-based adhesives in the packaging and footwear industry is one of the key factors driving market revenue growth
VANCOUVER, BC, CANADA, August 2, 2022 /EINPresswire.com/ -- The water-based adhesives market size reached USD 18.10 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period, according to the latest analysis by Emergen Research. Increasing adoption of water-based adhesives in packaging and footwear industries and growing usage of water-based adhesives derived from animals for bookbinding are factors driving growth of the market. Water-based adhesives do not need to be dry atomized before use because they are moisture-resistant and use of this characteristic will decrease production processes and likelihood of errors while extending pot life. Additionally, these adhesives maintain their stability in high humidity and a wide variety of temperatures. Moreover, water-based adhesives are simple to incorporate into production process because they may be distributed in a variety of ways. However, volatile organic compounds are released into atmosphere during all phases of production and application processes for solvent-based adhesives including formulation, drying, and curing.
The Water Based Adhesives Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Water Based Adhesives market. The report offers in-depth research and assessment of the key elements of the global Water Based Adhesives market. The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Water Based Adhesives market.
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Some Key Highlights From the Report The polyvinyl acetate emulsion segment is expected to register a significant market revenue growth during the forecast period. Following application to an adherent, water is removed from emulsion through evaporation and absorption by absorbent adherent, which causes inflated particles to consolidate to form a cohesive sticky film. For efficient coalescence and film formation, a specific quantity of plasticizers, such as butyl carbitol acetate and dibutyl phthalate, must be applied. They creep under strain, which is a major drawback of polyvinyl acetate emulsion adhesives and is more pronounced at high temperatures, largely due to plasticizer.
The paper & packaging segment is expected to a register substantial growth over the forecast period. Paper-based packaging products have recently become more popular due to their cost and environmental friendliness, despite the fact that polymer-based packaging materials have been utilized extensively. Currently, paper and paper-based board materials are used to package food products and those sold online. Adhesives are crucial to structure of majority of paper and paperboard packaging, whether they are utilized on packaging line or during the conversion process.
The Asia Pacific market is expected to register a considerable growth rate during the forecast period. The regional market is anticipated to grow owing to immense potential for packaging, automotive, coating, and paints industries in growing countries such as China and India. As these countries add weight to the global water-based adhesive market by establishing numerous manufacturing facilities for various end-user sectors, Asia Pacific may be able to take advantage of enormous growth opportunities.
In May 03, 2022, Beardow Adams Group introduced Signacoll V 1007, a completely vegan-friendly water-based adhesive.
The researchers have considered all the factors influencing the growth of the Water Based Adhesives market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Water Based Adhesives market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Water Based Adhesives market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
Major Players/Manufacturers profiled in the report are:
Arkema, Henkel AG & Co., 3M, Sika, Eastman Chemical Company, Bostik, Inc., H.B Fuller Company, Evonik Industries AG, Dymax Corporation, and Royal Adhesives & Sealants.
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Emergen Research has segmented the water-based adhesives market based on resin type, application, and region:
Resin Type (Revenue, USD Billion; 2019–2030) Ethylene Vinyl Acetate
Application Outlook (Revenue, USD Billion; 2019–2030) Paper & Packaging
The Global Water Based Adhesives Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Water Based Adhesives market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers insightful information about the market dynamics of the Water Based Adhesives market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Water Based Adhesives market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Water Based Adhesives market.
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8 year analysis of the Global Water Based Adhesives Market
Critical assessment of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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Thank you for reading our report. To inquire about customization or any query about the report, please get in touch with us. Our team will make sure the report is best suited to your needs. Emergen Research also offers a country-wise customized report as per clients’ needs.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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Water Based Adhesives Market Size Worth USD 36.11 Billion in 2030
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