Acrylic Adhesives Market is valued approximately USD 8.84 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.8 % over the forecast period 2021-2027

iCrowdNewswire

Sep 23, 2021

Acrylic adhesives are polymer-based resin adhesives made of acrylic or methylacrylic polymers. These are manufactured using monomeric esters or polyacrylate solutions as a catalyst. These adhesives are commonly used to attach ceramics, wood, metals, plastics, rubber, glass, and other materials. Acrylic adhesives are also typically found as colorless or slightly colored syrupy solutions.

Acrylic adhesives are available in a variety of forms in the market. Acrylic polymer emulsion, cyanoacrylic acid, and others are examples. When compared to other resin systems, these adhesives have qualities including quick bonding with various materials, great environmental resilience, and quick-setting times. Thermoplastic and thermosetting polymers are both used to make acrylic adhesives. Two objects are sandwiched together with acrylic adhesive paste and liquid acrylic adhesives to establish permanent bonding.

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Major market player included in this report are:

Ashland

Arkema

Avery dennison corporation

Dymax

Franklin international

HB Fuller international

Henkel AG and CO. KGaA

Hexcel corporation

Huntsman International LLC

3M

Major Drivers, Restraints, Challenges and Opportunities

Liquid acrylic adhesives are frequently used in construction, upholstery, and decorative goods to join two objects together. Adhesives are also being used in end-of-life applications such as medications and food packaging. In addition, adhesives are increasingly replacing fasteners in construction and assembly applications. Flexible packaging demand is predicted to increase in some regions in the next years, which will boost the acrylic adhesives market due to its advantages over traditional packaging goods, such as effective biological and mechanical filtering.

Emerging economies have a considerable demand for the product as a result of technological improvements, increased globalization, and more use of environmentally friendly adhesives. The market is expected to grow due to technologically improved and cost-effective operations in the automotive, aerospace, and construction industries. The acrylic adhesive market, on the other hand, is constrained by rigorous laws governing the usage of adhesives. Furthermore, the market’s extremely volatile character and high raw material prices are two other reasons that limit its expansion.

Market Segmentation

By Technology:

Water based

Solvent based

Reactive

Other technologies

By End user industry:

Packaging

Building and construction

Transportation

Appliances

Electrical and electronics

Sporting goods

Others

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Based on technology, water-based adhesives have widespread applications in the construction, packaging, rigid & non-rigid bonding, tapes, and transportation industries due to their properties such as viscosity, tack, set speed, bond strength, and lay-flat properties among others.

By end-use, water-based adhesives are widely used in the construction, packaging, rigid & non-rigid bonding, tapes, and transportation industries due to qualities such as viscosity, tack, set speed, bond strength, and lay-flat properties.

Regional Outlook

In the global acrylic adhesives market, Asia Pacific has the greatest market share, and this trend is likely to continue over the forecast period. The presence of important players, rising investments in industrial expansion, and expanding GNP of emerging nations such as China and India are all helping to drive market growth in the region. Increasing consumer discretionary income, booming e-commerce, and rising corrugated packaging adoption are all contributing to the market’s expansion.

The packaging sector in North America and Europe is mature, whereas the Middle East and African region has seen moderate expansion. However, as the e-commerce industry expands in these locations, the packaging industry expands as well, driving up demand for raw materials such as adhesives and other materials.

Competitive Landscape

Some of the prominent companies operating in the global acrylic adhesives market are 3M, The Dow Chemical Company, Eastman Chemical Company, Permabond LLC., Dymax Corporation, Franklin International, Parker Hannifin Corp, and Henkel AG & Company among others.

Table of Contents

Chapter 1. Executive Summary

Chapter 2. Global Acrylic Adhesives Market Definition and Scope

Chapter 3. Global Acrylic Adhesives Market Dynamics

Chapter 4. Global Acrylic Adhesives Market Industry Analysis

Chapter 5.  Global Acrylic Adhesives Competition Landscape by Players

Chapter 6. Global Acrylic Adhesives Market, by Marketing Channel, Distributors and Customers

Chapter 7. Global Acrylic Adhesives Market, by Cost Analysis

Chapter 8. Global Acrylic Adhesives Market, by Ownership

Chapter 9. Global Acrylic Adhesives Market, Regional Analysis

Chapter 10. Competitive Intelligence

Chapter 11. Appendix

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