Industrial Adhesives Market is projected to reach a valuation of US$ 85,786.4 million by 2033 Says Future Market Insights, Inc.

Proactive Efforts Undertaken by Manufacturers to Provide High-performing Adhesive Products to Enhance Industrial Adhesives Market Prospects: Market Anticipated to Expand at 4.4% CAGR. China Industrial Adhesives Market is projected to reach an estimated value of US$ 28,413.1 million by the end of 2033, expanding at a CAGR of 4.1%.


NEWARK, Del, March 23, 2023 (GLOBE NEWSWIRE) -- The global industrial adhesives market is predicted to register a CAGR of 4.4% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 57,444 million in 2023 to US$ 85,786.4 million by 2033 end.

The industrial adhesives industry is being driven forward by the extensive application areas of the product. For instance, in the construction industry, the product is used for ceramic tile installation, floor tile and flooring installation, counter lamination, and carpet adhesives, among others.

For More Insights on this Market, Get a Sample Reporthttps://www.futuremarketinsights.com/reports/sample/rep-gb-2369

The product further finds application in consumer products like decorative films, model and hobby supplies, and school and stationery products, among various other application areas. Surging demand for the product from construction, consumer adhesives, tapes, packaging, and transportation, among others, and the high growth of the aforementioned sectors, are expected to have a positive influence on the industry growth.

The ongoing investigation of industrial adhesives for their environmental impact is making waves in the market space. As a result, emphasis is being made on the acquisition of environmentally safe and superior quality adhesives. Due to the adverse effect of synthetic compounds and the limited raw materials (oil reserves), renewable and natural resources offer an attractive alternative for the development of industrial adhesives.

Top Highlights from the FMI’s Analysis of the Industrial Adhesives Market:         

  • China’s industrial adhesives industry acquired a large share of the market in the historical period, and is projected to maintain its share in the forecast period as well. The market is expected to gain a total of US$ 28,413.1 million by 2033. In the following years, China market is expected to trail at a CAGR of 4.1%, significantly high than the other competitive regional markets.
  • Second in line is the United States market, which is expected to stand at a valuation of US$ 11,440.8 million by 2033, registering a CAGR of 3.5% in the meantime.
  • In Europe, Germany is predicted to emerge as a significant market, attaining a net worth of US$ 4,223.4 million by the end of 2033. Over the forecast period, the country is projected to assume a CAGR of 3.5%.
  • On the basis of product type, acrylic is expected to be a top segment in the coming years. The acrylic segment is projected to expand at a CAGR of 5.3%, high than the growth rate of 4.6% CAGR observed in the historical period.
  • Water-based technology is expected to be a prominent segment in the coming years. The technology is expected to thrive at 3.5% CAGR, up from the 3.3% CAGR displayed over recent years.

Are you looking for customized information related to the latest trends, drivers, and challenges?https://www.futuremarketinsights.com/customization-available/rep-gb-2369

Stay up-to-date with Recent Market Developments as Observed by FMI

  • In December 2021, Meridian Adhesives Group shared that it has acquired American Sealants Inc., which is famous for its innovation in product assembly of adhesives and sealants. Such solutions have multitudinous applications in multiple markets and applications.
  • In July 2022, Arkema revealed the strategic acquisition of Permoseal, which is a leading player in adhesive solutions for DIY, woodworking, packaging, and construction. The latter offers a wide portfolio of technical and sustainable solutions for different industry sectors.

Key Players as Profiled by FMI

  • 3M
  • Sika AG
  • Dow Inc.
  • Henkel AG & Co. KGaA
  • H.B. Fuller Company
  • Arkema S.A.
  • Huntsman Corporation
  • Teraoka Seisakusho co., Ltd.
  • Pidilite Industries Limited

Speak to Our Analysthttps://www.futuremarketinsights.com/ask-the-analyst/rep-gb-2369

Industrial Adhesives Market by Category

By Product Type:

  • Acrylic Adhesive
  • Epoxy Based Adhesive
  • PVA
  • Polyurethane
  • EVA
  • Others

By Technology:

  • UV Cure Adhesive
  • Pressure Sensitive Adhesive
  • Water-based Adhesive
  • Solvent Based Adhesive
  • Hot Melt Adhesive
  • Others

By End-use:

  • Automotive & Aerospace
  • Healthcare & Hygiene
  • Consumer Goods
  • Packaging
  • Construction
  • Electronics
  • Furniture & Metalwork
  • Glass Making
  • Footwear
  • Paper

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific

View the Full Report @ https://www.futuremarketinsights.com/reports/industrial-adhesives-market

Table of Content 

1. Executive Summary | Industrial Adhesives Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

Buy Now: https://www.futuremarketinsights.com/checkout/2369

Explore Research Related Reports of Chemicals & Materials:     

Electronics Adhesives Market Size: Electronics Adhesives Market By Material Type (Polyurethane, Acrylics, Silicones), End Use (Desktops and Networks, Televisions, Home Appliances), Application (Conformal Coatings, Encapsulation, Surface Mounting, Wire Tacking) & Region - Forecast to 2021 - 2031

Silicone Adhesives and Sealants Market Share: Global Silicone Adhesives and Sealants Market Analysis and Opportunity Assessment 2022-2032

Polyurethane Adhesives Market Trends: Polyurethane Adhesives Market By Product Type, Technology, Applications & Region - Forecast 2022-2032

Aerospace Adhesives and Sealants Market Analysis: Aerospace Adhesives and Sealants Market by Type, Resin Type, Technology, End-Use & Region – Forecast 2022–2032

Hot Melt Adhesives Market Outlook: Hot Melt Adhesives Market by Technology, Application & Region - Forecast 2022 to 2032

About Us :  

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries. 

Contact Us: 
Future Market Insights Inc.   
Christiana Corporate, 200 Continental Drive,  
Suite 401, Newark, Delaware - 19713, USA   
T: +1-845-579-5705   
LinkedIn| Twitter| Blogs | YouTube 
For Sales Enquiries:sales@futuremarketinsights.com