The water based adhesive market size was valued at USD 20.2 billion in 2021 and is expected to reach USD 29.5 billion by 2027

In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Water-based Adhesive Market Report. The water based adhesive market size was valued at USD 20. 2 billion in 2021 and is expected to reach USD 29.

New York, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Water-Based Adhesive Market - Global Outlook & Forecast 2022-2027" - https://www.reportlinker.com/p06223323/?utm_source=GNW
5 billion by 2027, growing at a CAGR of 6.51% during the forecast period

The major end-user industries for the water-borne adhesives market include building and construction, packaging, automotive, footwear, tapes and labels, healthcare, electricals and electronics, and woodworking. Water-based polyurethane adhesives are witnessing high growth owing to their increasing demand and application in packaging, automotive, electronics, and many other industries. The flexibility and excellent adhesion properties with any substrate make water-based coatings suitable for any industry.

The following factors are likely to contribute to the growth of the water-based adhesive market-

• Precise Application of Adhesive Using Digital Printing
• Increasing Usage of Water-Based Adhesives for Clear Packaging
• Increasing Demand for Digitization of Packaging
• Growing Demand for Lightweight Vehicle
• Increasing Demand for Green Adhesives
• Increasing Demand for Lightweight Packaging Adhesives

KEY HIGHLIGHTS

• Problems regarding VOC emission and smells produced by applying adhesives have prompted manufacturers to create eco-friendly formulations.
• There is a demand for lightweight vehicles as they cause fewer carbon emissions. This is an important growth factor for the adhesives & sealants market.
• There has also been a significant movement away from petroleum-based formulations, which emit styrene, naphthalene, vinyl cyclohexane, and toward water-based adhesives by formulations. This is a positive step forward for indoor air quality and building occupant health and well-being. This will drive growth in the global water-based adhesives market.
• Due to expanding population, emerging economies, and the rapid pace of urbanization, APAC has emerged as the largest consumer of water-based adhesives. China, Japan, and South Korea are among the region’s most important marketplaces.

WATER-BASED ADHESIVE MARKET SEGMENTS

The water-based adhesives market is segmented based on-

• Formulation
• Resin Type
• Application
• Geography

WATER-BASED ADHESIVE MARKET SEGMENTATION
• Demand for natural polymers is increasing exponentially because of their ability to be used as a low-cost alternative to petroleum-based polymers. As the government regulations get stricter regarding petroleum-based products and VOC emissions, the vendors have to shift their focus to environmentally friendly raw materials used in water-based adhesives.
• The market for PVA is growing in substrates such as cork, leather, paper, and cardboard. Industries dependent on water-based and hot melt adhesives extensively use polyvinyl alcohol adhesives in various applications. Some of the major sectors include – packaging, paper, construction, and wood processing.

Market Segmentation by Formulation

• Natural Polymer
• Synthetic Polymer

Market Segmentation by Resin Type

• Acrylic Polymer Emulsion
• Polyvinyl Acetate Emulsion
• Styrene Butadiene Latex
• Polyurethane Dispersion
• Ethylene Vinyl Acetate Emulsion
• Others

Market Segmentation by Application

• Automotive & Transportation
• Building & Construction
• Woodworking
• Tapes & Labels
• Paper & Packaging
• Paper & Packaging
• Healthcare
• Electrical & Electronics
• Others

GEOGRAPHICAL OUTLOOK

North America: Increasing purchases from E-commerce websites will enable the water-based adhesives manufacturer to explore new business opportunities in North America. The demand for water-based adhesives used in building and construction applications has increased as the need for non-residential development and consumer expenditure on home furnishings has increased.
APAC: The water-based adhesives market is predicted to dominate the packaging sector, followed by the building & construction and automotive industries. In this sector, India and China will be the market leaders. Construction, electronics, tapes and labels, automobile and packaging industry is the driving factor for the water-based adhesive in APAC region.

Market Segmentation by Geography

• North America
o US
o Canada
• APAC
o China
o India
o Japan
o Indonesia
o South Korea
o Malaysia
• Europe
o Germany
o UK
o France
o Italy
o Belgium
• Middle East & Africa
o Saudi Arabia
o UAE
o South Africa
• Latin America
o Brazil
o Mexico

VENDOR LANDSCAPE

• The key players in the water-based adhesives market are- 3M, Arkema, Sika, H.B. Fuller, and Henkel.
• Sika acquired Hamatite, the adhesives business of the Yokohoma Rubber Co. Ltd., which is a market leader in Japan, offering adhesives and sealants to the automotive and construction industries.

Key Vendors

• 3M
• Arkema
• Sika
• H.B. Fuller
• Henkel

Other Prominent Vendors

• DOW
• Dymax
• Franklin International
• Jowat
• Avery Dennison
• Wacker Chemie AG
• AkzoNobel
• PPG Industries
• Lord Corporation
• Ashland
• AdCo UK
• Alfa International
• Benson Polymers
• Wisdom Adhesive Worldwide
• Sealock Adhesives
• Anabond
• Permabond
• Masterbond
• Lintec
• Delo

KEY QUESTIONS ANSWERED:

1. What is the global market size of the water-based adhesive market?
2. What is the economic impact on the waterborne adhesive industry?
3. What are the key market opportunities for the vendors?
4. What are the upcoming advancements in the water-based adhesive market?
5. What are the key trends driving the growth of the global water-based adhesive industry?
6. Which are the major applications areas where the water based adhesive is used?
Read the full report: https://www.reportlinker.com/p06223323/?utm_source=GNW

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