Water Borne Adhesive Market

Water Borne Adhesive Market by Resin Types (Acrylics, Polyvinyl Acetate Emulsion, Ethylene Vinyl Acetate Emulsion, Polyurethane Dispersions & Chloroprene Rubber Latex, and Others), End-user Industries (Building & Construction, Paper, Board & Packaging, Woodworking & Joinery, Transportation, Healthcare, Electrical & Electronics, and Others), and Geographies (Asia Pacific, North America, Europe, Latin America, and Middle East and Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: MC-1199
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 187
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The global waterborne adhesive market size is estimated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the effective combination of fast, heat resistant bonding, high ultimate strength, and repositionability of the waterborne adhesives.
 

Water Borne Adhesive Market Key Takeaways


A waterborne adhesive contains soluble and natural synthetic polymers. Hides, bones, casein, starch, proteins, and dextrin comprise natural polymers. Waterborne adhesives are given in the form of formulated powders, which come either in solution or powder form. Waterborne adhesives are mainly compounded with water as a diluent rather than volatile organic solvent, and they are considered as low volatile organic compounds (VOC) adhesives. The structure obtains strength after the water is absorbed by the substrate or is evaporated. These adhesives offer low solvent content, high initial adhesion, high solid content, and are environment friendly.

Waterborne adhesive consists of carrier fluid and additives to reduce its viscosity, which can be applied to substance efficiently at varying thickness. Water-based adhesive is developed either from natural polymers derived from vegetable sources, protein sources, and animal or soluble synthetic polymers, which includes cellulose ethers, methylcellulose, carboxymethylcellulose, and polyvinylpyrrolidone. These adhesives contain soluble synthetic polymers, such as methyl cellulose, cellulose ethers, carboxy methylcellulose. Natural polymers such as proteins, starch, and casein are also used in various industry verticals.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for waterborne adhesives the packaging industry is one of the major factors that is driving the market growth during the forecast period.
  • Introduction of bio-based polyol components in waterborne adhesives is anticipated to propel the market expansion in the coming years.
  • Governmental regulations limiting the VOC emissions are supporting the demand for the waterborne products, spurring the market growth.
  • Growing preference for environmental-friendly products owing to increasing consumer awareness regarding use of VOCs is positively influencing the growth of the market.
  • Waterborne adhesives offer high performance in term of efficiency and durability over the existing products, which is the key factor driving the market growth.
  • Various useful properties such as flexibility and economic efficiency extended by waterborne adhesives are anticipated to boost the market expansion in the projected timeline.
  • Polymers of waterborne adhesives find applications in construction, PSA labels, and carpet backing, which are anticipated to propel the market growth.
  • The formulation of the waterborne adhesives is very complex as compared to that of solvent borne adhesives, which in turn, can hinder the market growth.
  • Limited usage in high-end applications is anticipated to restrict the market growth in the coming years.
  • Increasing R&D investment and ongoing technological advancements in the waterborne adhesives and production process are expected to create immense opportunities for the market players.

Scope of the Report

The report on the global water borne 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

Water Borne Adhesive Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Resin Types (Acrylics, Polyvinyl Acetate Emulsion, Ethylene Vinyl Acetate Emulsion, Polyurethane Dispersions & Chloroprene Rubber Latex, and Others), End-user Industries (Building & Construction, Paper, Board & Packaging, Woodworking & Joinery, Transportation, Healthcare, Electrical & Electronics, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

3M, Henkel AG & Co. KGaA, H.B. Fuller Company., Sika AG, and Arkema.

 

Water Borne Adhesive Market Segment Insights

Acrylics segment to account a large market share
On the basis of resin types, the market is segmented into acrylics, polyvinyl acetate emulsion, ethylene vinyl acetate emulsion, polyurethane dispersions & chloroprene rubber latex, and others. The acrylics segment is expected to hold a key market share during the forecast period due to extensive utilization in automobile, metal anticorrosion, and furniture industries. Moreover, acrylic waterborne adhesives are used in coatings, bridges, ships, and locomotives, driving the market growth.

Building & construction segment to grow at a rapid pace
In term of end-user industries, the market is divided into building & construction, paper, board & packaging, woodworking & joinery, transportation, healthcare, electrical & electronics, and others. The building & construction segment is expected to expand at robust pace during the forecast period. Borne adhesives are used in concrete, ceramic tiles, carpet laying, flooring underlayment, drywall lamination, joint cement, manufactured housing, pre-finished panels, resilient flooring, roofing, and wall covering. The rapid development in the green building construction coupled with the rising concern about the quality of construction is spurring the demand for waterborne adhesives. Waterborne adhesives are increasingly becoming an integral part of construction chemicals owing to their eco-friendly and low-toxic nature, high solid content, and high initial adhesion properties.
 

Water Borne Adhesive Market by End User Industries


Asia Pacific to dominate the market
On the basis of regions, the market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period. The regional market growth can be attributed to shifting consumer focus toward flexible packaging. China is the one of the leading consumers of waterborne adhesives, followed by India. The rapidly increasing packaging industry in China is anticipated to boost the demand for waterborne adhesives.
 

Water Borne Adhesive Market by Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Water Borne Adhesive Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Water Borne Adhesive Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Water Borne Adhesive Market - Supply Chain
  4.5. Global Water Borne Adhesive Market Forecast
     4.5.1. Water Borne Adhesive Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Water Borne Adhesive Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Water Borne Adhesive Market Absolute $ Opportunity
5. Global Water Borne Adhesive Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Water Borne Adhesive Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Water Borne Adhesive Demand Share Forecast, 2019-2026
6. North America Water Borne Adhesive Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Water Borne Adhesive Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Water Borne Adhesive Demand Share Forecast, 2019-2026
7. Latin America Water Borne Adhesive Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Water Borne Adhesive Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Water Borne Adhesive Demand Share Forecast, 2019-2026
8. Europe Water Borne Adhesive Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Water Borne Adhesive Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Water Borne Adhesive Demand Share Forecast, 2019-2026
9. Asia Pacific Water Borne Adhesive Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Water Borne Adhesive Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Water Borne Adhesive Demand Share Forecast, 2019-2026
10. Middle East & Africa Water Borne Adhesive Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Water Borne Adhesive Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Water Borne Adhesive Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Water Borne Adhesive Market: Market Share Analysis
  11.2. Water Borne Adhesive Distributors and Customers
  11.3. Water Borne Adhesive Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. 3M
     11.4.2. Henkel AG & Co. KGaA
     11.4.3. H.B. Fuller Company
     11.4.4. Sika AG
     11.4.5. Arkema

Segments Covered in the Report
The global water borne adhesive market has been segmented on the basis of

Resin Types

  • Acrylics
  • Polyvinyl Acetate Emulsion
  • Ethylene Vinyl Acetate Emulsion
  • Polyurethane Dispersions & Chloroprene Rubber Latex
  • Others

End-user Industries

  • Building & Construction, Paper
  • Board & Packaging
  • Woodworking & Joinery
  • Transportation
  • Healthcare
  • Electrical & Electronics
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • 3M
  • Henkel AG & Co. KGaA
  • H.B. Fuller Company
  • Sika AG
  • Arkema

 

Key players competing in the water borne adhesive market include 3M, Henkel AG & Co. KGaA, H.B. Fuller Company., Sika AG, and Arkema.
 

Water Borne Adhesive Market by Key Players

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