Global Emulsion Adhesives Market was valued at US$ 12.98 Bn in 2019 and is expected to reach US$ 20.54 Bn by 2027, at a CAGR of 5.91% during a forecast period.
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The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Emulsion Adhesives market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in Emulsion Adhesives market.
Emulsion adhesives are polymer adhesives suspended in water. They are made by emulsification and polymerization of acetic vinyl, ethylene vinyl acetate (EVA), acrylic resins, and styrene butadiene latex. Emulsion adhesives are non-toxic, in the absence of organic solvents. This makes them safer, emulsion adhesives are usually produced without using organic solvents, and they are compatible with numerous application methods ranging from brush coating to machine coating. Emulsion adhesives offer better adhesive properties compared to aqueous. Furthermore, these are available at a lower cost than other adhesives. Emulsion adhesives are used in numerous applications that include woodworking, packaging, decorated plywood, furniture, paper working, composite members, and panels.
The ability of acrylic to rapidly dry the paints and provide good strength, quality and adhesion has been the key factors to drive the consumption of acrylic in paints & coatings industry. Nevertheless, emulsion adhesives have poor resistance to humidity and water, low adhesion to the substrate, and inferior transparency. However, the demand for emulsion adhesives is at rapid pace, due to low cost and safe operation. The demand is rising in APAC, due to growth of the packaging industry in the region.
Based on resin type, the acrylic polymer emulsion segment is expected to be the largest and the fastest-growing resin type segment of the emulsion adhesives market in the forecasted period. Acrylic-based emulsion adhesives are formulated from acrylic polymers. These polymer are more expensive than rubber–based emulsion adhesives. Nevertheless, they are resistant to high heat and oxidation and are less prone to developing sticky edges, unlike rubber-based adhesives. The growth of the acrylic polymer emulsion segment is reported due to its properties, such as transparency, resistance to breakage, and elasticity.
In terms of application, the tapes & labels segment is estimated to be the largest application segment of the emulsion adhesives market and also is likely to be dominant throughout the forecast period. These tapes are moreover used for packaging of construction materials during transit and packaging related to automotive and logistics industry. Currently, the emulsion adhesives market is dominated by the packaging segment globally, which is expected to continue its dominance during the forecast period. The segment is expected to register a substantial growth rate between 2018 and 2026.
Geographically, Asia-Pacific emulsion polymers market dominates the market segment due to growing construction activities coupled with developing tapes & labels, and paints & coatings industry. China and India being emerging nations has flourish the demand for paints & coatings along with increase in demand for adhesives will drive the emulsion polymers market demand for acrylics as well. Europe and North America will show a stable growth in emulsion polymers market. Due to economic decline in U.S market post-recession has hindered the market growth of emulsion polymers in paints & coatings especially in construction and automotive industry.
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Scope of Global Emulsion Adhesives Market:
Global Emulsion Adhesives Market, by Resin Type:
• Acrylic Polymerrn• PVA (Polyvinyl Acetate)
• VAE (Vinyl Acetate Ethylene)
• Latticesrn• Polyurethane Dispersionrn• OthersrnGlobal Emulsion Adhesives Market, by Application:
• Packagingrn• Woodworkingrn• Tapes & Labelsrn• Constructionrn• Automotive & Transportationrn• OthersrnGlobal Emulsion Adhesives Market, by Region:
• North Americarn• Europern• Middle East & Africarn• Asia Pacificrn• South AmericarnKey Players Operating In Global Emulsion Adhesives Market:
• Celanese Corporationrn• BASF SErn• The Dow Chemical Companyrn• Arkema Co.
• Koninklijke DSM N.V.
• DIC Corporationrn• Trinsea Co.
• Wacker Chemie AGrn• OBnova Solutions Inc.
• Nuplex Industries Ltd
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