Acrylic Adhesives Market Poised for Growth, Projected to Reach USD 18.41 Billion by 2030
Title: Acrylic Adhesives Market Set to Surge to USD 18.41 Billion by 2030, with a Robust CAGR of 5.81%
Summary: The global Acrylic Adhesives market, valued at USD 12.40 billion in 2023, is forecasted to grow significantly, reaching nearly USD 18.41 billion by 2030. This growth represents a compound annual growth rate (CAGR) of 5.81% from 2024 to 2030. The market expansion is driven by increased applications across various industries, including construction, automotive, and packaging. This press release provides insights into market size, segmentation, key players, regional dynamics, and the impact of the COVID-19 pandemic on the industry.
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B) Overview: Acrylic adhesives are a type of adhesive that use acrylic polymers to bond surfaces. They are known for their strong bonding properties, durability, and versatility. These adhesives are widely used in industries such as automotive, construction, and packaging due to their ability to bond a variety of materials including metals, plastics, and glass.
C) Market Scope: This research offers a detailed analysis of the Acrylic Adhesives market, focusing on market potential, trends, and challenges. The data is sourced from reputable websites, industry reports, and expert analyses, providing a comprehensive view of the market dynamics and opportunities.
D) 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
- Others
E) Major Manufacturers:
- 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
F) Regional Analysis: The report provides a comprehensive analysis of the Acrylic Adhesives market across various global regions, including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. It highlights market size, key players, and growth trends in these regions, offering valuable insights into regional market dynamics.
G) COVID-19 Impact Analysis: The COVID-19 pandemic has impacted the Acrylic Adhesives market by disrupting supply chains and affecting demand across several sectors. However, the pandemic has also accelerated the adoption of acrylic adhesives in the healthcare and packaging industries due to their critical applications in medical and essential goods packaging.
H) Key Questions Answered:
- What is the function and importance of acrylic adhesives in various industries?
- What is the projected revenue for the Acrylic Adhesives market by 2030?
- What is the expected growth rate of the market?
- Who are the leading manufacturers and key players in the Acrylic Adhesives market?
I) Table of Contents:
- Overview
- Global Market Status and Forecast by Regions
- Global Market Status and Forecast by Types
- Global Market Status and Forecast by Downstream Industry
- Market Driving Factor Analysis
- Market Competition Status by Major Manufacturers
- Major Manufacturers Introduction and Market Data
- Upstream and Downstream Market Analysis
- Cost and Gross Margin Analysis
- Marketing Status Analysis
- Market Report Conclusion
- Research Methodology and Reference
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