Global Adhesive Resin
Market Report
2024
The Global Adhesive Resin market size was USD 14.1 million in 2022 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Adhesive Resin market size was USD 14.1 million in 2022 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Adhesive Resin Market Sales Revenue 2022 | $ 14.1 Million |
Global Adhesive Resin Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Market Split by Resin Type |
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Market Split by Application |
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Market Split by Formulation Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Adhesive Resin industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Adhesive Resin Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Adhesive Resin market is growing due to its widespread applications across the automotive, packaging, construction, and electronics industries. Rising demand for lightweight and high-performance materials and the need for eco-friendly solutions drive the adoption of adhesive resins. Technological advancements, including improved bonding capabilities and versatility, further expand the market as manufacturers seek innovative solutions to enhance product performance and efficiency.
The shift in preference towards hot-melt adhesives drives the Adhesive Resin Market due to their rapid bonding, ease of application, and versatility. Hot-melt adhesives eliminate the need for solvents, minimizing environmental impact. Their suitability for various substrates, from plastics to textiles, makes them attractive in the packaging, automotive, and electronics industries.
(Source:www.bostik.com/global/en/media/news/global/bostik-global-news-dge-partnership-14032022/)
Additionally, hot-melt adhesives offer efficient assembly, reduced processing time, and improved product aesthetics. As industries seek efficient and eco-friendly adhesive solutions, the adoption of hot-melt adhesives continues to rise, fueling the growth of the Adhesive Resin Market.
Volatility in raw material prices poses a significant challenge to the Adhesive Resin Market. Fluctuations in prices of key components like petrochemicals and natural resources impact production costs and supply chain stability. Manufacturers face difficulties maintaining consistent product pricing, which can affect customer relationships. Moreover, unpredictable material costs may hinder long-term planning and investment decisions. To mitigate this challenge, companies often seek alternative sourcing strategies, explore sustainable materials, and implement effective risk management strategies to navigate the impact of raw material price volatility on their operations and profitability.
The COVID-19 pandemic initially disrupted the Adhesive Resin market's supply chains and manufacturing operations, leading to a slowdown in demand as industries scaled back production. Lockdowns and reduced economic activity affected the construction, automotive, and packaging sectors – key consumers of adhesive resins. However, as restrictions eased, a gradual recovery occurred, driven by increased demand for medical supplies, packaging materials, and home improvement products. The pandemic highlighted the importance of resilient supply chains and versatile adhesive solutions, influencing market dynamics.
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Key players continually invest in research and development to create advanced adhesive resin formulations. This includes developing high-performance adhesives, eco-friendly solutions, and those catering to specific industry requirements. With growing environmental concerns, companies focus on creating adhesive resins with lower VOC emissions, bio-based materials, and recyclable formulations to align with sustainability goals. Many companies are expanding their presence in emerging markets, especially in Asia Pacific and South America, to tap into the growing demand for adhesive solutions in the construction, automotive, and packaging sectors. The evolving demands of various industries and the growing emphasis on sustainable solutions drive these companies to develop advanced adhesive resin technologies that meet performance and environmental criteria.
(Source:www.henkel-adhesives.com/gt/en/spotlights/all-spotlights/news/adhesives-for-packaging-design.html)
Top Companies Market Share in Adhesive Resin Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
Due to several compelling factors, Asia Pacific has secured the largest market share in the Adhesive Resin Market. The region's burgeoning manufacturing industries, particularly automotive, electronics, and packaging, have driven the demand for adhesive resins. Rapid urbanization, population growth, and rising disposable incomes in countries like China and India have fueled construction activities, boosting adhesive resin utilization. Moreover, the region's strong position in electronics production has led to a substantial requirement for adhesive resins in the assembly of electronic devices. Asia Pacific's favorable business environment, cost-effective labor, and increasing investments in research and development have contributed to technological advancements, further propelling market growth. The focus on sustainability and environmentally friendly solutions aligns with the region's rising demand for bio-based and eco-friendly adhesive resins. Additionally, the presence of key market players and their strategic collaborations with local manufacturers have played a pivotal role in strengthening Asia Pacific's dominant position in the Adhesive Resin Market.
Due to several factors, Europe is projected to exhibit the fastest Compound Annual Growth Rate (CAGR) in the Adhesive Resin Market. The region's stringent regulations promoting sustainability and reduced environmental impact drive the adoption of eco-friendly adhesive solutions. Advancements in automotive technologies and lightweight materials increase demand for high-performance adhesives. Europe's established manufacturing infrastructure and growing investments in research and development foster innovation and product development. Additionally, the region's emphasis on packaging innovation and its robust construction and electronics industries further fuel the demand for adhesive resins, positioning Europe for rapid growth in the market.
The current report Scope analyzes Adhesive Resin Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Adhesive Resin Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Adhesive Resin Industry growth. Adhesive Resin market has been segmented with the help of its Resin Type, Application Formulation Technology, and others. Adhesive Resin market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Epoxy resin type has secured the largest market share in the Adhesive Resin Market due to its exceptional bonding strength, durability, and versatility across various substrates. Its ability to offer strong adhesion even in challenging environments, coupled with resistance to chemicals and temperature variations, makes it a preferred choice for numerous applications. Epoxy adhesives find extensive use in industries such as automotive, aerospace, construction, and electronics, further solidifying their dominant position in the market.
Polyacrylic Ester (PAE) has secured the second-largest market share in the Adhesive Resin Market due to its excellent balance of adhesive properties, including adhesion strength, flexibility, and resistance to moisture and heat. PAE adhesives are widely used in packaging, labeling, woodworking, and automotive applications. Their ability to provide strong bonds on various surfaces, including plastics, metals, and wood, and their versatility and cost-effectiveness position PAE adhesives as a significant player in the market.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Adhesive Resin Industry. Request a Free Sample PDF!
The building and construction application has captured the largest market share in the Adhesive Resin Market due to the extensive use of adhesive resins in various construction activities. Adhesive resins are crucial for bonding diverse materials such as concrete, wood, ceramics, and metals in structural elements, flooring, insulation, and cladding. Their ability to enhance durability, provide weather resistance, and improve overall construction efficiency makes them integral to the industry. As construction projects grow worldwide, the demand for adhesive resins in building and construction applications remains robust, securing its dominant market position.
The paper and packaging application has secured the second largest market share in the adhesive resin market due to its essential role in packaging materials and paper-based products. Adhesive resins are widely used for sealing, laminating, and bonding in packaging solutions, from cartons to flexible packaging. Their ability to enhance product integrity, offer tamper resistance, and provide versatility in design makes them integral to the packaging industry. As consumer preferences and sustainability demands shape packaging trends, adhesive resins play a pivotal role, solidifying their significant position in the market.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Adhesive Resin market report 2024 Edition by contacting our team.
Water-based formulation technology has captured the largest market share in the Adhesive Resin Market due to its environmentally friendly nature, low volatile organic compound (VOC) emissions, and regulatory compliance. It aligns with the growing demand for sustainable and eco-friendly adhesive solutions. Water-based adhesive resins offer versatile bonding on various substrates, including paper, wood, textiles, and packaging materials. The technology's ease of use, cost-effectiveness, and ability to meet stringent environmental regulations contribute to its dominant position in the market.
Solvent-based formulation technology has secured the second-largest market share in the Adhesive Resin Market due to its high bonding strength, quick drying time, and versatility in various applications. Solvent-based adhesives offer robust adhesion on substrates like metals, plastics, and rubber, making them suitable for automotive, construction, and textiles. Despite environmental concerns and regulations, their established performance, compatibility with specific materials, and fast-curing characteristics have maintained their significance, positioning solvent-based adhesives as a substantial player in the market.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Adhesive Resin Market is witnessing significant growth in the near future.
In 2023, the Polyacrylic Ester (PAE) segment accounted for noticeable share of global Adhesive Resin Market and is projected to experience significant growth in the near future.
The Paper & Packaging segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Henkel AG & Co. KGaA , Dow Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Resin Type | Polyacrylic Ester (PAE), Polyvinyl Acetate (PVA), Vinyl Acetate Ethylene (VAE), Synthetic Rubber (SBS, CR & SIS), Polyamide, Ethylene Vinyl Acetate (EVA), Polyurethane, Formaldehyde-based, Epoxy, Modified Acrylate and methyl Methacrylate (MMA), Cyanoacrylate, Others |
Application | Paper & Packaging, Building & Construction, Wood-working, Transportation, Consumer/DIY, Leather & Footwear, Others (Assembly/Production) |
Formulation Technology | Water-based, Solvent-based, Hot Melt, Reactive & Others |
List of Competitors | Henkel AG & Co. KGaA, 3M Company, Dow Inc., Arkema Group, H.B. Fuller Company, BASF SE, Ashland Global Holdings Inc., Eastman Chemical Company, Momentive Performance Materials Inc., Avery Dennison Corporation, Bostik, Huntsman Corporation, Wacker Chemie AG, Sika AG, Lord Corporation, Jowat SE, ITW Performance Polymers, Permabond Engineering Adhesives Ltd., Mapei Corporation, Royal Adhesives & Sealants LLC |
This chapter will help you gain GLOBAL Market Analysis of Adhesive Resin. Further deep in this chapter, you will be able to review Global Adhesive Resin Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Adhesive Resin Market Trends North America Adhesive Resin Technological Road Map North America Adhesive Resin Market Drivers North America Adhesive Resin Market Restraints North America Adhesive Resin Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Resin Type Analysis 2019 -2031, will provide market size split by Resin Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Resin Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Formulation Technology Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Adhesive Resin market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Polyacrylic Ester (PAE) have a significant impact on Adhesive Resin market? |
What are the key factors affecting the Polyacrylic Ester (PAE) and Polyvinyl Acetate (PVA) of Adhesive Resin Market? |
What is the CAGR/Growth Rate of Paper & Packaging during the forecast period? |
By type, which segment accounted for largest share of the global Adhesive Resin Market? |
Which region is expected to dominate the global Adhesive Resin Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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