The Europe water-borne adhesive market is estimated to register at a significant CAGR during the forecast period, 2021-2028. The growth of market is attributed to increasing demand of water-based adhesive as eco-friendly adhesives for the sealant and growing use of recycled plastic.
Craftsmen and contractors experimenting on the product innovation are actually challenging the limits of the manufacturers to perform trials on product developments.
The global water-borne adhesive market is estimated to expect a high surge in the demand during the projected period with the recent revolution in chemistry and formulation in creating high performance acrylic emulsion and binder offering the product to deliver durability and resistance from any uncertainty such as blocking, chemicals, water, and wear-and-tear resulting in boosting the demand of the product.
Water based adhesives are versatile in nature; it is an ideal product for non-porous and porous substrates creating a strong bonding between the products material to meet demanding application.
Water-borne adhesives in end-user industries such as footwear, and packaging are capturing the major share of the market. This adhesive form contains low VOC content and comes along with reduced health risks, which does not emits toxic fumes and odor.
With COVID-19 outbreak somehow it impacted positively for the industry and witnessed a demand surge for the application such as packaging and healthcare industry. On the other hand the lockdown extension and the strict regulation imposed by the government severally impacted the construction and building activities.
The report on Europe waterborne adhesives 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 |
Water-borne adhesive market –Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Resin Types (Acrylics, Polyurethanes Dispersions and CR (Chloroprene Rubber) Latex, Polyvinyl Acetate (PVA) Emulsion, Ethylene Vinyl Acetate (EVA) Emulsion, and Others), End-user Industry (Healthcare, Building & Construction, Transportation, Paper, Board, and Packaging, Woodworking & Joinery, and Others) |
Geographical Scope |
France, Italy, United Kingdom, Germany, 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 |
3M; Dow; Arkema Group; Henkel AG & Co. KGaA; Sika AG. |
Based on the resin type, the market is segregated into acrylics, polyurethanes dispersions and CR (chloroprene rubber) latex, polyvinyl acetate (PVA) emulsion, ethylene vinyl acetate (EVA) emulsion, and others. The PVA polyvinyl acetate segment is expected to exhibit high CAGR during the forecast period owing to high resistance characteristics against UV radiations improves the joints and extends the life expectance of the wood, and are high demanded for bonding papers, wood base, and cardboards for moisture bonding.
On the basis of end-user, the market is fragmented into healthcare, building & construction, transportation, paper, board, & packaging, woodworking & joinery, and others. The paper, board, & packaging segment is estimated to hold key share of the market in the coming years due to the rising demand for the packaged food, also the application is widely used in bonding with refined paper and finished surface.
In the term of geographies, the market is differentiated into France, Italy, United Kingdom, Germany, and Rest of Europe. Germany is expected to dominate the market during the projected period owing to t product innovation and R&D of water-borne adhesives.
Segments Covered in the Report
The Europe water-borne adhesive market has been differentiated on the basis of
Resin Types
Key players competing in the Europe water borne adhesives market include 3M’ Dow; Arkema Group; Henkel AG & Co. KGaA; and Sika AG.
Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
In December 2020, H.B. Fuller Company introduces extreme cold resistant adhesives for the pharmaceutical industry.
In July 2021, H.B. Fuller Company and Covestro joined forces to make adhesives more sustainable.
In August 2021 Arkema signed for the acquisition of Ashland’s performance adhesive business, a first- class leader when it comes to adhesives.
Segments Covered in the Report
The Europe water-borne adhesive market has been differentiated on the basis of
Resin Types
Key players competing in the Europe water borne adhesives market include 3M’ Dow; Arkema Group; Henkel AG & Co. KGaA; and Sika AG.
Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
In December 2020, H.B. Fuller Company introduces extreme cold resistant adhesives for the pharmaceutical industry.
In July 2021, H.B. Fuller Company and Covestro joined forces to make adhesives more sustainable.
In August 2021 Arkema signed for the acquisition of Ashland’s performance adhesive business, a first- class leader when it comes to adhesives.
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