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Acrylic Adhesives in the Global Specialty Adhesive Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • May 2023
  • Region: Global
  • Lucintel
  • ID: 5807601
The future of acrylic adhesives in the global specialty adhesive market looks promising with opportunities in the packaging, building and construction, transportation, appliance, electrical and electronic, sporting good, and woodworking end use industries. The global specialty adhesive market in terms of acrylic adhesives is expected to reach an estimated $20.6 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing application of acrylic adhesives in the construction, automotive, and other industries and growing demand for eco-friendly and technologically advanced adhesives.

A more than 150-page report is developed to help in your business decisions.

Acrylic Adhesives in the Specialty Adhesive Market by Segment

The study includes trends and forecast for acrylic adhesives in the global specialty adhesive market by technology, end use industry, and region, as follows:

Acrylic Adhesives in Specialty Adhesive Market by Technology [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Water Based
  • Solvent-Based
  • Reactive
  • Others

Acrylic Adhesives in Specialty Adhesive Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Packaging
  • Building and Construction
  • Transportation
  • Appliances
  • Electrical and Electronics
  • Sporting Goods
  • Woodworking
  • Others

Acrylic Adhesives in Specialty Adhesive Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Acrylic Adhesives Companies in the Specialty Adhesive Market

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies acrylic adhesive companies in the global specialty adhesive market cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of acrylic adhesives companies in the global specialty adhesive market profiled in this report include-
  • H.B. Fuller
  • Avery Dennison
  • Illinois Tool Works
  • Pidilite Industries
  • Sika AG

Acrylic Adhesives in the Specialty Adhesive Market Insights

  • The analyst forecasts that water based will remain the largest technology segment over the forecast period due to its increasing demand in various applications including paper lamination, packaging, envelopes, textiles, furniture, and vehicles owing to its low-temperature flexibility and high-temperature resistance properties.
  • Packaging is expected to remain the largest end use industry segment due to significantly growing e-commerce platforms and increasing consumer preference for packaged products.
  • APAC will remain the largest region due to robust growth in building activities, growing demand for packaging in the expanding e-commerce industry, and increasing production in the food and beverage industry.

Features of Acrylic Adhesives in the Specialty Adhesive Market

  • Market Size Estimates: Acrylic adhesives in the global specialty adhesive market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Acrylic adhesives in the global specialty adhesive market size by various segments, such as by technology, end use industry, and region
  • Regional Analysis: Acrylic adhesives in the global specialty adhesive market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different technology, end use industries, and regions for acrylic adhesives in the specialty adhesive market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for acrylic adhesives in the specialty adhesive market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the specialty adhesive market size in terms of acrylic adhesives usage?
Answer: The global specialty adhesive market size in terms of acrylic adhesives usage is expected to reach an estimated $20.6 billion by 2028.

Q2. What is the growth forecast for acrylic adhesives in specialty adhesive market?
Answer: The global specialty adhesive market size in terms of acrylic adhesives usage is expected to grow with a CAGR of 5.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of acrylic adhesives in specialty adhesive market?
Answer: The major drivers for this market are increasing application of acrylic adhesives in the construction, automotive, and other industries and growing demand for eco-friendly and technologically advanced adhesives.

Q4. What are the major segments for acrylic adhesives in specialty adhesive market?
Answer: The future of acrylic adhesives in the global specialty adhesive market looks promising with opportunities in the packaging, building and construction, transportation, appliance, electrical and electronic, sporting good, and woodworking end use industries.

Q5. Who are the key acrylic adhesive companies in the specialty adhesive market?
Answer: Some of the key acrylic adhesive companies in the global specialty adhesive market are as follows:
  • H.B. Fuller
  • Avery Dennison
  • Illinois Tool Works
  • Pidilite Industries
  • Sika AG
Q6. Which acrylic adhesives in specialty adhesive segment will be the largest in future?
Answer: The analyst forecasts that water based will remain the largest technology segment over the forecast period due to its increasing demand in various applications, including paper lamination, packaging, envelopes, textiles, furniture, and vehicles owing to its low-temperature flexibility and high-temperature resistance properties.

Q7. In acrylic adhesives in specialty adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to robust growth in building activities, growing demand for packaging in the expanding e-commerce industry, and increasing production in the food and beverage industry.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers the following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for acrylic adhesives in the global specialty adhesive market by technology (water based, solvent based, reactive, and others), end use industry (packaging, building and construction, transportation, appliances, electrical and electronics, sporting goods, woodworking, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Acrylic Adhesives in the Global Specialty Adhesive Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Acrylic Adhesives in the Global Specialty Adhesive Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Acrylic Adhesives in the Global Specialty Adhesive Market by Technology
3.3.1: Water based
3.3.2: Solvent-based
3.3.3: Reactive
3.3.4: Others
3.5: Acrylic Adhesives in the Global Specialty Adhesive Market by End Use Industry
3.5.1: Packaging
3.5.2: Building and Construction
3.5.3: Transportation
3.5.4: Appliances
3.5.5: Electrical and Electronics
3.5.6: Sporting Goods
3.5.7: Woodworking
3.5.8: Others
4. Market Trends and Forecast Analysis by Region from 2017 to 2028
4.1: Acrylic Adhesives in the Global Specialty Adhesive Market by Region
4.2: Acrylic Adhesives in the North American Specialty Adhesive Market
4.2.1: Acrylic Adhesives in the North American Specialty Adhesive Market by Technology: Water based, Solvent-based, Reactive, and Others
4.2.2: Acrylic Adhesives in the North American Specialty Adhesive Market by End Use Industry: Packaging, Building and Construction, Transportation, Appliances, Electrical and Electronics, Sporting Goods, Woodworking, and Others
4.3: Acrylic Adhesives in the European Specialty Adhesive Market
4.3.1: Acrylic Adhesives in the European Specialty Adhesive Market by Technology: Water based, Solvent-based, Reactive, and Others
4.3.2: Acrylic Adhesives in the European Specialty Adhesive Market by End Use Industry: Packaging, Building and Construction, Transportation, Appliances, Electrical and Electronics, Sporting Goods, Woodworking, and Others
4.4: Acrylic Adhesives in the APAC Specialty Adhesive Market
4.4.1: Acrylic Adhesives in the APAC Specialty Adhesive Market by Technology: Water based, Solvent-based, Reactive, and Others
4.4.2: Acrylic Adhesives in the APAC Specialty Adhesive Market by End Use Industry: Packaging, Building and Construction, Transportation, Appliances, Electrical and Electronics, Sporting Goods, Woodworking, and Others
4.5: Acrylic Adhesives in the ROW Specialty Adhesive Market
4.5.1: Acrylic Adhesives in the ROW Specialty Adhesive Market by Technology: Water based, Solvent-based, Reactive, and Others
4.5.2: Acrylic Adhesives in the ROW Specialty Adhesive Market by End Use Industry: Packaging, Building and Construction, Transportation, Appliances, Electrical and Electronics, Sporting Goods, Woodworking, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for Acrylic Adhesives in the Global Specialty Adhesive Market by Technology
6.1.2: Growth Opportunities for Acrylic Adhesives in the Global Specialty Adhesive Market by End Use Industry
6.1.3: Growth Opportunities for Acrylic Adhesives in the Global Specialty Adhesive Market by Region
6.2: Emerging Trends for Acrylic Adhesives in the Global Specialty Adhesive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of Acrylic Adhesives in the Global Specialty Adhesive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures Acrylic Adhesives in the Global Specialty Adhesive Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: H.B. Fuller
7.2: Avery Dennison
7.3: Illinois Tool Works
7.4: Pidilite Industries
7.5: Sika AG

Companies Mentioned

  • H.B. Fuller
  • Avery Dennison
  • Illinois Tool Works
  • Pidilite Industries
  • Sika AG

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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