21-May-2024 | Zion Market Research
Zion Market Research has published a new report titled “Emulsion Adhesives Market by Resin Type (Acrylic Polymer Emulsion, Polyvinyl Acetate Emulsion, Vinyl Acetate Ethylene Emulsion, SBC Latex, Polyurethane Dispersion, and Others), by Product Type (Permanent and Removable), and by Application (Paper & Packaging, Woodworking, Tapes & Labels, Construction, Automotive & Transportation, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, global emulsion adhesives market accounted for USD 17.02 billion in 2023 and is predicted to grow to around USD 27.80 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.60% between 2024 and 2032.
Emulsion adhesives are manufactured by emulsification and polymerization of resins and have many useful properties for woodworking, construction, and automotive and transportation. They are easy to use and eco-friendly in nature, which is expected to be a major factor driving the global emulsion adhesives market. These solvent-free adhesives are also non-flammable and non-toxic in nature. The global emulsion adhesives market is also expected to be fuelled by the wide utilization of emulsion adhesives in the production of the polymeric base. Government of developing nations like China and India has mandated the use of eco-friendly products, which is also supporting the emulsion adhesives market.
However, the lack of new and improved adhesives and low-performance of adhesives in high-strength applications, which call for heavy demand for improved adhesives, may restrict the emulsion adhesives market growth. Alternatively, the rising number of infrastructural projects, especially in developing countries is expected to provide new growth opportunities for the key market players in the upcoming years.
Browse the full “Emulsion Adhesives Market by Resin Type (Acrylic Polymer Emulsion, Polyvinyl Acetate Emulsion, Vinyl Acetate Ethylene Emulsion, SBC Latex, Polyurethane Dispersion, and Others), by Product Type (Permanent and Removable), and by Application (Paper & Packaging, Woodworking, Tapes & Labels, Construction, Automotive & Transportation, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032?” Report at https://www.zionmarketresearch.com/report/emulsion-adhesives-market
The global emulsion adhesives market is fragmented on the basis of resin type, product type, and application. By resin type, the market is divided into acrylic polymer emulsion, polyvinyl acetate (PVA) emulsion, vinyl acetate ethylene (VAE) emulsion, SBC latex, polyurethane dispersion, and others. Acrylic polymer emulsion was the largest segment of the emulsion adhesives market in 2018, due to its several vital properties.
By product type, the emulsion adhesives market includes permanent and removable adhesives. Permanent emulsion adhesives are in high demand, due to their high strength. The demand for removable emulsion adhesives is forecasted to grow in the future.
The application segment of the emulsion adhesives market includes paper and packaging, woodworking, tapes and labels, construction, automotive and transportation and others. The paper and packaging segment held the largest market share in 2018, due to high adhesives demand for manufacturing of packaging products for electronic and electrical devices, consumer, and industrial goods.
The Asia Pacific is the leading regions in the global emulsion adhesives market, due to the growing adhesives demand in the regions, especially from the developing countries of India and China, the rising product demand from the region’s packaging industry, rapid urbanization, and increasing infrastructural investments by the government. Many automotive components are manufactured using emulsion adhesives. Thus, the flourishing automation industry in these developing countries is also working as a catalyst for the emulsion adhesives market in the region.
The global emulsion adhesives market is dominated by players like:
Global Emulsion Adhesives Market: Resin Type Analysis
Global Emulsion Adhesives Market: Product Type Analysis
Global Emulsion Adhesives Market: Application Analysis
Global Emulsion Adhesives Market: Regional Analysis
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