Acrylic Adhesives Market
The global acrylic adhesives market is foreseen to show upward graph of sales during the forecast period of 2020 to 2030. Key factor supporting this growth is increased demand for acrylic adhesives in wide range of end-use industries.
TMR’s upcoming research report on the acrylic adhesives market is a perfect blend of dependable data and in-depth analysis on opportunities, drivers, restraints, and challenges in this market. Thus, the report is a helpful guide of the acrylic adhesives market for the tenure of 2020 to 2030.
Acrylic adhesives find application in a wide range of industries such as construction, paper and packaging, medical, transportation, woodworking, consumer, and electronics. This scenario shows the potential for the growth of vendors in the acrylic adhesives market. The market is estimated to generate prominent revenues on the back of growing demand for long-lasting adhesive products from all worldwide locations.
Competitive landscape of the acrylic adhesives market is highly intense due to existence of many players in it. Major vendors in the market are growing efforts to advance the quality of their products.
The list of key players in the global acrylic adhesives market includes:
On regional front, the acrylic adhesives market is foreseen to gain lucrative avenues in Asia Pacific. Key reasons attributed to this growth are growing application of acrylic adhesives in various industries such as construction, woodworking, and paper and packaging.
Acrylic adhesives are being utilized across a wide range of end-use industries such as construction, paper & packaging, medical, transportation, woodworking, and consumer electronics. This broad range of product application suggests that the acrylic adhesives market is expected to gain notable business opportunities in the forthcoming years, note analysts of a study by Transparency Market Research (TMR).
Over the period of past few years, the demand for durable adhesive products is being increasing from varied end-use industries. Hence, companies operating in the acrylic adhesives market are focusing on advancing the quality of the products they offer.
Consumers across the globe are increasing inclination towards the use of high-quality products. This factor is resulting into notable growth prospects in the global acrylic adhesives market. Moreover, the demand for environmental benefits, including decreased volatile organic compound (VOC) emissions, and appealing bonding solutions for different substrates is being increasing globally. This factor is fueling the growth prospects in the global acrylic adhesives market.
The acrylic adhesives market is projected to gain profitable prospects in Asia Pacific during the forecast period. The growth of the Asia Pacific region is ascribed to many factors including the presence of many emerging economies together with the existence of sizable number of end-use industries in the region.
Some of the key players operating in the acrylic adhesives market include 3M Company, Henkel AG & Company, H.B. Fuller, Bostik SA, Avery Dennison, Illinois Tool Works Inc., Pidilite Industries Limited, Royal Adhesives & Sealants LLC, and Sika AG.
The existence of many companies makes the competition levels in the acrylic adhesives market highly intense. As a result, players are using organic and inorganic strategies such as mergers, acquisitions, partnerships, and collaborations in order to stay ahead of the competition.
Players are expected to gain significant avenues for growth from the acrylic polymer emulsion adhesives segment during the forecast period. The growth of the segment in acrylic adhesives market is ascribed to several key factors including the easy availability and wide acceptability of acrylic polymer emulsion adhesives in applications including construction and paper & packaging sectors.
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*86 figures and 60 tables includes