The Europe acrylic adhesive market size is estimated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising adoption of acrylic adhesives in the construction, automotive, and pharmaceutical industry.
Acrylic adhesives are resin-based acrylic or methylacrylic polymers. The strength of acrylic adhesives depends on various crucial parameters, such as cohesion and adhesion. These adhesives are used to bond different materials, including ceramics, wood, metals, plastics, rubber, and glass. Acrylic adhesives are available in syrupy form, which are either colorless or slightly colored. These are obtained from monomeric esters or solutions of polyacrylates with the help of a catalyst.
Adhesion is used to measure the ability of the adhesive to stick to another object, whereas the cohesion parameter is used to check ability of the adhesive to stick to itself. There are different types of acrylic adhesives available, such as acrylic polymer emulsion and cyanoacrylic. These adhesives exhibit properties such as quick bonding with different materials, excellent environmental resistance, and fast-setting time.
The report on the Europe acrylic adhesive market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Europe Acrylic Adhesive Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Technologies (Water-based, Solvent-based, Reactive, and Others) and End-user Industries (Packaging, Building & Construction, Transportation, Electrical & Electronics, Sporting Goods, Woodworking, and Others) |
Geographical Scope |
Germany, UK, France, Italy, Spain, and Rest of Europe |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
H.B. Fuller, Henkel AG & Co. KGaA, Sika AG, Arkema Group, and 3M. |
Based on technologies, the market is divided into water-based, solvent-based, reactive, and others. The water-based segment is expected to hold a large market share during the forecast period due to the increasing consumer awareness about the ill-effects of solvent-based adhesives to environment and human health.
In terms of end-user industries, the market is segmented into packaging, building & construction, transportation, electrical & electronics, sporting goods, woodworking, and others. The packaging segment is expected to expand at a robust CAGR during the forecast period. Broad usage of packaging in the manufacturing of various products, such as tapes, cases, labels, and cartons is driving the growth of the market segment. Increasing e-commerce activities and innovation & development related to product packaging are expected to further drive the market segment growth.
On the basis of geography, the market is classified as Germany, UK, France, Italy, Spain, and Rest of Europe. Germany is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to the increasing online grocery orders in the country. Germany has introduced a new packaging act, which is driving the industry toward eco-friendly packaging practices, spurring the market growth in the country.
The Europe acrylic adhesive market has been segmented on the basis of
Technologies
End-user Industries
Geography
Key Players
Key players competing in the Europe acrylic adhesive market include H.B. Fuller, Henkel AG & Co. KGaA, Sika AG, Arkema Group, and 3M.
The Europe acrylic adhesive market has been segmented on the basis of
Technologies
End-user Industries
Geography
Key Players
Key players competing in the Europe acrylic adhesive market include H.B. Fuller, Henkel AG & Co. KGaA, Sika AG, Arkema Group, and 3M.
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