The South America waterborne adhesives market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing use of high performance polymer formulation.
Waterborne adhesives are conceived as harmless products to the ecosystem and economically reasonable option to solvent-based adhesives. One of the significant benefits of waterborne adhesives is the absence of volatile organic compounds (VOCs). Moreover, water can be utilized to wipe adhesive of mated parts and to clean the hardware. These adhesives are usually considered extremely ecological.
For this type of adhesives, a large class of polymers are utilized, typically elastomers or thermoplastics, which are either scattered or dissolved in the continuous water phase. Waterborne adhesives are appropriate to high velocity application and assembly. They are normally wet bonded. This means that at least one of the substrates has to be water permeable to permit water to escape from the bondline.
The report on the South America 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 |
South America waterborne adhesives Market - 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 and CR Latex, and Other Resin Types), End-user Industries (Building & Construction, Paper, Board, and Packaging, Woodworking & Joinery, Transportation, Healthcare, Electrical & Electronics, and Other Ens-user Industries) |
Geographical Scope |
Argentina, Chile, Brazil, Columbia, and Rest of South America |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
3M; Arkema Group; Dow; Henkel AG & Co.; KGaA; and Sika AG |
Based on resin types, the South America waterborne adhesives market is divided into acrylics, polyvinyl acetate emulsion, ethylene vinyl acetate emulsion, polyurethane dispersions and CR latex, and other resin types. The acrylics segment is expected to grow at a rapid pace during the forecast period. Acrylics is the most commonly used resin as it provides better strength. It provides advantages such as resistance to temperature, flexibility, water resistance, excellent binding properties, oil & chemical resistance, and inertness. The major application of acrylics is in the building & construction industry and is expected to increase during the forecast period due to infrastructural developments across the globe.
On the basis of end-user industries, the market is segregated into building & construction, paper, board, and packaging, woodworking & joinery, transportation, healthcare, electrical & electronics, and other end-user industries. The building & construction segment is projected to expand at a considerable CAGR during the forecast period. In the construction sector, adhesives are used in carpet laying, concrete, ceramic tiles, joint cement, flooring, drywall lamination, roofing, pre finished panels, manufactured housing, resilient flooring, and wall covering. The growth in green building construction coupled with the rising concern about the quality of construction is accelerating the demand for water-borne adhesives.
Based on regions, the market is classified as Argentina, Chile, Brazil, Columbia, and Rest of South America. Brazil is expected to constitute a key share of the market during the forecast period. Increasing demand from construction industry is anticipated to proliferate the market growth in the county. Moreover, government state bodies are also providing several lucrative incentives to boost investment in the building & construction industry, further accelerating the market growth in the country.
The South America waterborne adhesives market has been segmented on the basis of
End-user Industries
Geography
Key Players
Key players competing in the South America waterborne adhesives market are 3M; Arkema Group; Dow; Henkel AG & Co.; KGaA; and Sika AG.
Some of the key players are focusing on new product development and investing in R&D activities to expand their market share.
The South America waterborne adhesives market has been segmented on the basis of
End-user Industries
Geography
Key Players
Key players competing in the South America waterborne adhesives market are 3M; Arkema Group; Dow; Henkel AG & Co.; KGaA; and Sika AG.
Some of the key players are focusing on new product development and investing in R&D activities to expand their market share.
Some other reports from this category!