Acrylic Adhesives Market Expected to Reach US$ 18.41 Billion by 2030, Growing at a CAGR of 5.81%
Summary: The global Acrylic Adhesives market is poised to grow from US$ 12.40 Billion in 2023 to US$ 18.41 Billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.81%. This growth is driven by increasing demand across industries such as packaging, construction, transportation, and medical. The market research report delves into the market size, trends, opportunities, competitive landscape, and forecasts, offering a comprehensive analysis of the industry’s future trajectory.
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A) Market Size
The Acrylic Adhesives market was valued at US$ 12.40 billion in 2023. With consistent demand from various industrial applications, the market is expected to grow at a robust CAGR of 5.81% between 2024 and 2030, reaching a projected value of US$ 18.41 billion by 2030.
B) Scope and Research Methodology
This market research report is based on a combination of primary and secondary research techniques. The primary research involved in-depth interviews with key opinion leaders, industry specialists, and front-line professionals. Secondary research sources included reviewing annual reports, financial records of major manufacturers, and published articles, to ensure accuracy and reliability of data. Our research team also employed various market estimation techniques and data validation methods to forecast trends and market growth.
C) Report Coverage
The report examines the global Acrylic Adhesives market by technology, type, application, and region. Detailed insights are provided into market drivers, challenges, and emerging trends, along with a thorough competitive analysis of market leaders and innovators.
D) Overview
Acrylic adhesives are a versatile solution used in various industries for bonding purposes due to their strong adhesive properties. With increasing technological advancements and product innovations, these adhesives are being widely adopted across applications such as paper & packaging, construction, transportation, and medical devices.
E) Dynamics
Several factors are contributing to the growth of the Acrylic Adhesives market. The rising demand for high-performance adhesives in industries like construction, electronics, and automotive is one of the primary growth drivers. Additionally, the increasing need for eco-friendly, water-based adhesives is driving innovation. On the other hand, the market faces challenges such as raw material price volatility and environmental regulations.
F) Segmentation
By Technology: Water-based, Solvent-based, Reactive, and Others
By Type: Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic, UV Curable Acrylic
By Application: Paper & Packaging, Construction, Transportation, Medical, Consumer, Woodworking, Electronics, and Others
G) Key Players Include
The Acrylic Adhesives market includes key players such as:
Bayer Corporation
Henkel AG & Company
3M Company
Bostik SA
H.B. Fuller
Illinois Tool Works Inc.
Covestro LLC
Avery Dennison
Sika AG
Pidilite Industries Limited
Royal Adhesives & Sealants, LLC
ITW
MAPEI Inc.
BASF
Eastman Chemical Company
RPM International Inc.
TONSAN Adhesive, Inc.
TOAGOSEI CO., LTD
H) Reason to Buy
This report offers actionable insights into the Acrylic Adhesives market, including detailed market sizing, growth opportunities, and competitive strategies. It helps stakeholders, including manufacturers, investors, and distributors, make informed decisions and stay ahead of market trends.
I) Table of Contents:
Introduction
Market Overview
Research Methodology
Market Dynamics
Segmentation Analysis
Key Players Analysis
Regional Analysis
Competitive Landscape
Market Trends and Opportunities
Future Outlook
Conclusion
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About Us:
Maximize Market Research is a leading market research and consulting firm providing high-quality, actionable insights to help clients drive revenue growth. Serving clients across industries like IT & Telecom, Chemicals, Food & Beverage, Aerospace & Defense, and Healthcare, Maximize Market Research uses a comprehensive approach to market analysis. Our research methodology combines both primary and secondary research to offer reliable data, ensuring clients have a clear understanding of the market dynamics.
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