Emulsion Adhesives: Introduction
- Emulsion adhesives are acrylic polymer adhesives suspended in water. They are formed by emulsification and polymerization of acetic vinyl, ethylene vinyl acetate (EVA), acrylic resins, and styrene butadiene latex. Emulsion adhesives are non-flammable and non-toxic in the absence of organic solvents. This makes them safer than other adhesives. Emulsion adhesives are generally produced without using organic solvents. They are compatible with several application methods ranging from brush coating to machine coating. Emulsion adhesives offer better initial adhesive properties compared to aqueous adhesives. They are available at a lower cost than other adhesives.
- Emulsion adhesives use water, which makes them eco-friendly. It is possible to use them at high concentrations, which leads to enhanced drying performance. Thin film coating can be carried out by using emulsion adhesives. Thus, these adhesives are compatible with a broad range of additives. This leads to several design possibilities. Emulsion adhesives are largely employed for porous materials. They are used in various applications including furniture, woodworking, paper working, packaging, labelling, and tapes. However, emulsion adhesives have poor resistance to humidity and water, low adhesion to substrates, and inferior transparency. Nonetheless, demand for emulsion adhesives has been increasing rapidly, due to their low cost and safe operation. Demand for these adhesives is rising in Asia Pacific, owing to growth of the packaging industry in the region.
Key Drivers and Restraints of Global Emulsion Adhesives Market
- The global emulsion adhesives market has developed significantly of late. This can be primarily ascribed to the growth of the packaging industry. Emulsion adhesives play an important role in addressing several issues associated with high heat, oxidation, and sticky edges. Rise in usage of emulsion adhesives in paper working, packaging, woodworking & furniture, and construction industries is expected to propel the emulsion adhesives market during the forecast period.
- Increase in demand for emulsion adhesives is anticipated to create significant opportunities for the global emulsion adhesives market. Emulsion adhesives are used in acrylics to rapidly dry paints and provide good strength, quality, and adhesion. Growth of the paints & coatings industry is anticipated to boost the demand for emulsion adhesives during the forecast period.
Emulsion Adhesives: Chemical Composition Segment
- In terms of chemical composition, the global emulsion adhesives market can be segmented into rubber-based and acrylic-based
- The rubber-based segment is estimated to account for significant share of the global emulsion adhesives market during the forecast period. Rubber-based emulsion adhesives are formulated by using organic rubbers and resins. Rubber-based adhesives have higher initial tack and are less expensive.
- The acrylic-based segment is likely to expand at a rapid pace during the forecast period, led by the high resistance of these adhesives to heat and oxidation
Emulsion Adhesives: Product Segment
- In terms of product, the global emulsion adhesives market can be divided into permanent and removable
- The permanent segment is estimated to dominate the global emulsion adhesives market during the forecast period. However, the removable segment is anticipated to expand at a rapid pace during the forecast period.
Emulsion Adhesives: End-use Industry Segment
- In terms of end-use industry, the global emulsion adhesives market can be segregated into paper working, packaging, woodworking & furniture, paints & coatings, construction, and others
- The packaging segment is estimated to account for significant share of the global emulsion adhesives market during the forecast period. It is likely to be followed by the paper working segment.
- The construction segment is projected to expand at a rapid pace during the forecast period, owing to the growth in building and construction activities across the globe
Covid-19 Impact on Emulsion Adhesives Market
- On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
- Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
- Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is expected to hamper the global emulsion adhesives market.
Asia Pacific to Dominate Emulsion Adhesives Market
- In terms of region, the global emulsion adhesives market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- Asia Pacific dominated the emulsion adhesives market in 2020. This trend is anticipated to continue during the forecast period owing to the high growth of end-use industries in emerging countries such as China and India. The emulsion adhesives market in North America is anticipated to expand at a rapid pace due to the growth of the packaging industry in the region.
Key Manufacturers Operating in Global Emulsion Adhesives Market
The global emulsion adhesives market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global emulsion adhesives market include:
- Wacker Chemie
- Ashland Inc.
- Henkel
- Franklin International
- Lord Corporation
- Mapei S.P.A.
- Arkema Co.
- Koninklijke DSM N.V.
- DIC Corporation
- Trinsea Co.
- OMNOVA Solutions Inc.
- Nuplex Industries Ltd
Global Emulsion Adhesives Market: Research Scope
Global Emulsion Adhesives Market, by Chemical Composition
- Rubber-based
- Acrylic-based
Global Emulsion Adhesives Market, by Product
Global Emulsion Adhesives Market, by End-use Industry
- Paper Working
- Packaging
- Woodworking & Furniture
- Paints & Coatings
- Construction
- Others
Global Emulsion Adhesives Market, by Region
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
