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Global Bookbinding Adhesives market is anticipated to grow significantly through 2028 due to the growing demand for hardcover & softcover books. In 2022, China recorded a 12.4 % of retail sales growth of books during the first three quarters.Speak directly to the analyst to clarify any post sales queries you may have.
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Key factors impacting the market expansion include a quick rise in the number of bookbinding adhesive applications from a variety of applications, including print-on-demand, magazines, catalogs, hardcover and softcover books, and many others. In the upcoming years, rising government-favorable laws and significant investments in cutting-edge Hot Melt Adhesives (HMAs) by both commercial and governmental organizations worldwide are also projected to have a beneficial impact on market demand and growth.
Growing Demand for Hardcover & Softcover Books
Major factors driving the growth and demand of the segment market include the rapidly increasing demand for physical books in several emerging countries, including China and India, as well as the expansion of educational institutions and the high gross enrollment ratio in the higher education sector. Additionally, the demand for bookbinding adhesives is projected to increase significantly due to the continued development in the sales of physical books across the world.For instance, WordsRated estimates that 751 million units of books were sold globally in 2020. Therefore, this segment will dominate the growth of Global Bookbinding Adhesives market in the upcoming years.
Hot Melt Will Continue to Be the Key Technology
Hot melt adhesives provide a wide range of adhesion to surfaces and materials, including papers, porcelain, cloth, cardboard, and plastics. This makes them ideal for many different applications, including bookbinding and do-it-yourself projects. In addition to pellets, slugs, and blocks for bulk application, hot-melt adhesives may also be produced in stick and continuous rope forms for heated gun applications. Additionally, the demand and growth are being fueled by the increasing use of plant-based hot melt adhesives, particularly in developed countries like Germany, the U.S., France, and the U.K., due to their high sustainability.For instance, in June 2022, Henkel enhanced its production capacity in Mexico by introducing a new plant for hot melt adhesives in Guadalupe, Nuevo Leon.
H.B. Fuller introduced a metallocene hot melt adhesives range of solutions for bookbinding applications in 2020.
Thus, with the increasing demand for hot melt adhesives, Global Bookbinding Adhesives market is anticipated to witness substantial growth during the projected period.
Rising Demand for Polyurethane Adhesive
Polyurethane adhesive possesses various benefits, such as great flexibility, outstanding cohesive strength, and availability in a range of viscosities, due to which it gains acceptance and adoption at a rapid rate. Additionally, it is widely utilized in the manufacturing of hardcover and softcover books, periodicals, and catalogs, as well as print-on-demand, which is projected to have a favorable influence on the market in the near future. It also has high durability at low temperatures.For instance, according to the Adhesive and Sealant Council (ASC), Polyurethane Adhesives have excellent properties which solve bookbinding problems.
These factors are anticipated to increase the demand for polyurethanes resulting in a driven Global Bookbinding Adhesives Market in the forecast years.
Recent Developments
- In December 2022, Jowat SE produced bio-based hot melt adhesives by the name of Jowatherm® GROW series uses pine resins as a raw material base.
- Adhesives Specialists Inc. and EUKALIN Corp. merged in August 2022 to increase production.
- In February 2022, Arkema Group announced the purchase of many important technologies and well-known Ashland Performance Adhesives trademarks.
- Fourny NV, a supplier of adhesives with headquarters in Belgium, was purchased by the H.B. Fuller Company in February 2022
Market Segmentation
Global Bookbinding Adhesives Market is segmented based on technology, chemistry application, and region. Based on technology, the market is categorized into emulsion-based and Hot Melt. Based on chemistry, the market is fragmented into polyvinyl acetate, ethylene vinyl acetate, polyurethane, and others. Based on application, the market is segregated into hardcover and softcover books, magazines, catalog, print-on-demand, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa, By Company.Company Profiles
Henkel AG & Co. KGAA, Dow Inc., HB Fuller Co, Klebchemie M. G. Becker GmbH Co. & KG, Arkema S.A., Chemline India Limited, Cherng Tay Technology Co., Ltd., Tex Year Industries Inc., Eastman Chemical Co., Pidilite Industries Limited are some of the key players of Global Bookbinding Adhesives Market.Report Scope:
In this report, Global Bookbinding Adhesives market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:Bookbinding Adhesives Market, By Technology:
- Emulsion-based
- Hot Melt
Bookbinding Adhesives Market, By Chemistry:
- Polyvinyl Acetate
- Ethylene Vinyl Acetate
- Polyurethane
- Others
Bookbinding Adhesives Market, By Application:
- Hardcover and Softcover Books
- Magazines and Catalogue
- Print on Demand
- Others
Bookbinding Adhesives Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- France
- Germany
- United Kingdom
- Spain
- Italy
- Asia-Pacific
- China
- India
- South Korea
- Japan
- Taiwan
- South America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive landscape
Company Profiles: Detailed analysis of the major companies in global Bookbinding Adhesives market.Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.This product will be delivered within 1-3 business days.
Table of Contents
1. Product Overview
2. Research Methodology
3. Executive Summary
5. Global Bookbinding Adhesives Market Outlook
6. North America Bookbinding Adhesives Market Outlook
7. Europe Bookbinding Adhesives Market Outlook
8. Asia-Pacific Bookbinding Adhesives Market Outlook
9. South America Bookbinding Adhesives Market Outlook
10. Middle East and Africa Bookbinding Adhesives Market Outlook
11. Market Dynamics
12. Market Trends & Developments
14. Porter’s Five Forces Analysis
15. Competitive Landscape
Companies Mentioned
- Henkel AG & Co. KGAA
- Dow Inc.
- HB Fuller Co
- Klebchemie M. G. Becker GmbH Co. & KG
- Arkema S.A.
- Chemline India Limited
- Cherng Tay Technology Co., Ltd.
- Tex Year Industries Inc.
- Eastman Chemical Co.
- Pidilite Industries Limited