Market size in 2024 | US$ 16.78 billion |
Forecast Market size by 2030 | US$ 23.45 billion |
---|---|---|---|
Growth Rate | CAGR of 5.7% | Number of Pages | 144 Pages |
The global Water-based Adhesives market size was valued at US$ 16.78 billion in 2024 and is projected to reach US$ 23.45 billion by 2030, at a CAGR of 5.7% during the forecast period 2024-2030.
The United States Water-based Adhesives market size was valued at US$ 3.87 billion in 2024 and is projected to reach US$ 5.23 billion by 2030, at a CAGR of 5.1% during the forecast period 2024-2030.
Water-based adhesives are bonding agents that use water as a carrier or diluting medium, offering environmental benefits and ease of use across various applications including packaging, construction, and woodworking.
The global Water-based Adhesives market is experiencing robust growth, driven by increasing environmental regulations, growing demand in the packaging industry, and shift towards sustainable manufacturing practices. In 2023, total production reached 12.5 million metric tons, with Asia-Pacific, North America, and Europe accounting for 80% of global demand. The packaging sector remains the largest end-user at 40%, followed by construction at 25%. Polyvinyl acetate (PVA) adhesives dominate with a 35% market share due to their versatility and cost-effectiveness. The market saw a 12% increase in demand for bio-based water adhesives in 2023, reflecting the trend towards eco-friendly products. Acrylic emulsion adhesives are growing at 8% annually, driven by their superior weathering and aging properties. The trend towards lightweight materials in automotive led to a 15% rise in adoption of specialized water-based adhesives in vehicle assembly in 2023. High-performance water-based adhesives for extreme conditions saw a 10% surge in demand, particularly in construction applications. The market is witnessing increased focus on fast-curing formulations, with a 20% growth in R&D investments for developing rapid-set water-based adhesives for high-speed manufacturing processes.
Report Overview
An adhesive is any non metallic substance applied to one surface, or both surfaces, of two separate items that binds them together and resists their separation.
This report provides a deep insight into the global Water-based Adhesives market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Water-based Adhesives Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Water-based Adhesives market in any manner.
Global Water-based Adhesives Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Henkel
Sika
Bostik
RPM International
KCC
H.B. Fuller
3M
Illinois Tool Works
Avery Dennison
Huntsman International
DowDuPont
Ashland
MAPEI
Akzo Nobel
Permabond
Dymax
LORD
Delo Industrie Klebstoffe
Franklin International
Market Segmentation (by Type)
Polyvinyl Alcohol
Vinyl Acetate
Acrylic
Other
Market Segmentation (by Application)
Paper and Packaging
Building and Construction
Woodworking
Automotive and Transportation
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Water-based Adhesives Market
Overview of the regional outlook of the Water-based Adhesives Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
Report Attributes | Report Details |
---|---|
Report Title | Global Water-based Adhesives Market Research Report 2024(Status and Outlook) |
Market size in 2024 | US$ 16.78 billion |
Forecast Market size by 2030 | US$ 23.45 billion |
Growth Rate | CAGR of 5.7% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 144 Pages |
Customization Available | Yes, the report can be customized as per your need. |
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