U.S. Water-Based Adhesive Market Growth, Opportunities and Forecast to 2026
According to the current analysis of Reports and Data, The global U.S. Water-Based Adhesive market was valued at USD 15.08 Billion in 2018 and is expected to reach USD 23.35 Billion by the year 2026, at a CAGR of 5.6%. U.S. Water-Based Adhesive market is expected to witness for significant growth during the forecast period owing to its useful application in several end-use industries. Additionally, A rise in environmental and safety issues has further enhanced the growth of the market as the U.S. Water-Based Adhesive is low in VOC.
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Top Lading Players: Henkel AG & Company, KGaA, Arkema, Sika AG, H.B. Fuller Company, DowDupont, 3M, DIC Corporation, Ashland Inc., Akzo Nobel N.V., and PPG Industries, Inc. and among others.
Some Key Highlights from the Report:
- S. Water-Based Adhesive market is growing at a CAGR of 6.3 %in Asia Pacific followed by North America and Europe, with 5.4 % and 5.1 % CAGR, respectively. High U.S. Water-Based Adhesive demand across the globe is the key factor to accelerate the market growth during forecast period across all regions.
- As of 2018, PAE segment is the dominating of U.S. Water-Based Adhesive market, which holds 27.5% of the global market. The rising demand and new technologies have boosted the market of the U.S. Water-Based Adhesive.
- VAE segment of the U.S. Water-Based Adhesive market is expected to be the fastest-growing market segment during the forecast period 2019-2026 with a CAGR of 6.9%.
- Based on application, Tapes and tables segment of the U.S. Water-Based Adhesive market was valued at USD 2.63 billion and is expected reach USD 4.44 billion by 2026 and also exhibit the highest CAGR of 6.7% in the forecasts period.
- Increasing per capita consumption, significant growth in industrialization in the emerging region is estimated to boost the building and construction segment of the U.S. Water-Based Adhesive market. The sector is expected to hold more than one-third of market value share in the global market and is expected to dominate the same during the forecast period.
- The Asia Pacific region is expected to account for approximately one-third of market value share in the global U.S. Water-Based Adhesive market during the forecast period followed by North America and Europe.
Segments covered in the report:
Resin Type (Revenue in USD Million; 2016–2026)
- Acrylic Polymer Emulsion (PAE)
- Polyvinyl Acetate (PVA) Emulsion
- Vinyl Acetate Ethylene (VAE) Emulsion
- Styrene Butadiene (SB) Latex
- Polyurethane Dispersion (PUD)
Application (Revenue in USD Million; 2016–2026)
- Tapes & Labels
- Paper & Packaging
- Building & Construction
- Woodworking
- Automotive & Transportation
- Others (consumer & DIY, leather & footwear, sports & leisure, and assembly)
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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