HOME Top Market Reports Acrylic Adhesives Market by Type (Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic, UV Curable Acrylic), Application (Paper & Packaging, Construction, Transportation, Medical, Consumer, Electronics), Technology, and Region - Global Forecast to 2022

Acrylic Adhesives Market by Type (Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic, UV Curable Acrylic), Application (Paper & Packaging, Construction, Transportation, Medical, Consumer, Electronics), Technology, and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: May 2017
Report Code: CH 5298

 

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The acrylic adhesives market is projected to grow from USD 8.84 Billion in 2017 to USD 11.72 Billion by 2022, at a CAGR of 5.81% between 2017 and 2022. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

Objectives of the Study:

  • To define, describe, and forecast the acrylic adhesives market based on type, formulating technology, application, and region
  • To provide detailed information regarding key factors, such as drivers, restraints, opportunities, industry-specific challenges, winning imperatives, and burning issues influencing the growth of the market
  • To analyze micromarkets with respect to individual growth trends, growth prospects, and contribution to the total market
  • To analyze the opportunities in the market for stakeholders and draw a competitive landscape of the market
  • To forecast the market size, in terms of value, with respect to regions (along with country-level data), namely, Asia-Pacific, North America, Europe, Middle East & Africa, and South America
  • To profile key players and comprehensively analyze their market shares and core competencies
  • To analyze competitive developments, such as joint ventures, mergers & acquisitions, new product developments, and research & development (R&D) in the acrylic adhesives market

Both top-down and bottom-up approaches were used to estimate and validate the size of the acrylic adhesives market, and to estimate the size of various other dependent submarkets. The research study involved the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, ICIS, and Securities and Exchange Commission (SEC), among other government and private websites, to identify and collect information useful for a technical, market-oriented, and commercial study of the acrylic adhesives market.

The acrylic adhesives market has a diversified and established ecosystem of upstream players such as raw material suppliers and downstream stakeholders such as manufacturers, vendors, end users, and government organizations. Key players operational in the market include Henkel AG & Company (Germany), 3M Company (U.S.), Bostik SA (France), H.B. Fuller (U.S.), Illinois Tool Works Inc. (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), Pidilite Industries Limited (India), and Royal Adhesives & Sealants LLC (U.S.).

Acrylic Adhesives Marke

To know about the assumptions considered for the study, download the pdf brochure

Key Target Audience:

  • Manufacturers of Acrylic Adhesives
  • Raw Material Suppliers
  • Traders, Distributors, and Suppliers of Acrylic Adhesives
  • Government & Regional Agencies and Research Organizations
  • Investment Research Firms

Scope of the Report:

The global acrylic adhesives market has been covered in detail in this report. Current market demand and forecasts have also been included to provide a comprehensive market scenario.

Acrylic Adhesives Market, By Technology:

  • Water-based
  • Solvent-based
  • Reactive and Others

Acrylic Adhesives Market, By Type:

  • Acrylic Polymer Emulsion
  • Cyanoacrylic
  • Methacrylic
  • UV Curable Acrylic

Acrylic Adhesives Market, By Application:

  • Paper & Packaging
  • Construction
  • Transportation
  • Medical
  • Consumer
  • Woodworking
  • Electronics
  • Others

Acrylic Adhesives Market, By Region:

  • Asia-Pacific
  • North America
  • Europe
  • Middle East & Africa
  • South America

The market has been further analyzed for key countries in each of these regions.

Available Customizations

Along with the market data, MarketsandMarkets offers customizations according to the specific needs of the company. The following customization options are available for the report:

Regional Analysis:

  • Country-level analysis of the acrylic adhesives market based on type and application
Company Information:
  • Detailed analysis and profiles of additional market players

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Segmentation
           1.3.1 By Region
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Assumptions and Limitations
           2.4.1 Assumptions
           2.4.2 Limitations

3 Executive Summary (Page No. - 27)
    3.1 Introduction

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the Global Acrylic Adhesives Market
    4.2 Acrylic Adhesives Market, By Type
    4.3 Acrylic Adhesives Market, By Application and Country in Asia-Pacific
    4.4 Acrylic Adhesives Market, By Country
    4.5 Acrylic Adhesives Market, Developed vs Developing Countries

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Impact Analysis of Drivers
           5.2.2 Drivers
                    5.2.2.1 Rise in Demand for Acrylic Adhesives in Asia-Pacific Region
                    5.2.2.2 Increasing Demand for Miniaturization and Automation in Electronics Industry
                    5.2.2.3 Technological Advancements in End-Use Industries
           5.2.3 Restraints
                    5.2.3.1 Stringent Environmental Regulations in European Countries
                    5.2.3.2 Volatility in Raw Material Prices
           5.2.4 Opportunities
                    5.2.4.1 Innovation in Applications and Products
                    5.2.4.2 Increase in Export From Asia-Pacific Countries
                    5.2.4.3 Lucrative Opportunities Across Asia-Pacific, the Middle East & Africa, and South America Markets
           5.2.5 Challenges
                    5.2.5.1 Stringent and Time-Consuming Regulatory Policies
                    5.2.5.2 Controlling Prices to Ensure Affordability

6 Industry Trends (Page No. - 40)
    6.1 Introduction
    6.2 Porter’s Five Forces Analysis
           6.2.1 Intensity of Competitive Rivalry
           6.2.2 Bargaining Power of Buyers
           6.2.3 Bargaining Power of Suppliers
           6.2.4 Threat of Substitutes
           6.2.5 Threat of New Entrants

7 Patent Analysis (Page No. - 43)
    7.1 Introduction
    7.2 Patent Details

8 Macro Economic Overview and Key Trends (Page No. - 47)
    8.1 Introduction
    8.2 Trends and Forecast of GDP
    8.3 Trends and Forecast of the Construction Industry
           8.3.1 North America: Trends and Forecast of the Construction Industry
           8.3.2 Europe: Trends and Forecast of the Construction Industry
           8.3.3 Asia-Pacific: Trends and Forecast of the Construction Industry
           8.3.4 Middle East & Africa: Trends and Forecast of the Construction Industry
           8.3.5 South America: Trends and Forecast of the Construction Industry

9 Adhesives Market, By Technology (Page No. - 51)
    9.1 Introduction
    9.2 Water-Based Acrylic Adhesives
    9.3 Solvent-Based Acrylic Adhesives
    9.4 Reactive & Other Acrylic Adhesives

10 Acrylic Adhesives Market, By Type (Page No. - 56)
     10.1 Introduction
     10.2 Acrylic Polymer Emulsion
             10.2.1 Pure Acrylic
             10.2.2 Styrene Acrylics
             10.2.3 Vinyl Acrylics
     10.3 Cyanoacrylic Adhesives
             10.3.1 Ethyl Cyanoacrylate
             10.3.2 Methyl Cyanoacrylate
             10.3.3 Other Cyanoacrylates
                        10.3.3.1 N-Butyl Cyanoacrylate
                        10.3.3.2 2-Octyl Cyanoacrylate
     10.4 Methacrylic Adhesives
     10.5 UV Curable Acrylic Adhesives

11 Acrylic Adhesives Market, By Application (Page No. - 63)
     11.1 Introduction
     11.2 Paper & Packaging
     11.3 Construction
     11.4 Woodworking
     11.5 Transportation
     11.6 Electrical & Electronics
     11.7 Consumer
     11.8 Medical
     11.9 Other Applications
             11.9.1 Bookbinding
             11.9.2 Signage
             11.9.3 Leather & Footwear

12 Acrylic Adhesives Market, By Region (Page No. - 76)
     12.1 Introduction
     12.2 Asia-Pacific
             12.2.1 Country-Wise Key Insights
                        12.2.1.1 China
                        12.2.1.2 India
                        12.2.1.3 Japan
                        12.2.1.4 South Korea
                        12.2.1.5 Taiwan
                        12.2.1.6 Thailand
                        12.2.1.7 Indonesia
                        12.2.1.8 Rest of Asia-Pacific
     12.3 North America
             12.3.1 Country-Wise Key Insights
                        12.3.1.1 U.S.
                        12.3.1.2 Canada
                        12.3.1.3 Mexico
     12.4 Europe
             12.4.1 Country-Wise Key Insights
                        12.4.1.1 Germany
                        12.4.1.2 France
                        12.4.1.3 U.K.
                        12.4.1.4 Russia
                        12.4.1.5 Italy
                        12.4.1.6 Turkey
                        12.4.1.7 Netherlands
                        12.4.1.8 Spain
                        12.4.1.9 Rest of Europe
     12.5 Middle East & Africa
             12.5.1 Country-Wise Key Insights
                        12.5.1.1 UAE
                        12.5.1.2 Saudi Arabia
                        12.5.1.3 South Africa
     12.6 South America
             12.6.1 Country-Wise Key Insights
                        12.6.1.1 Brazil
                        12.6.1.2 Argentina
                        12.6.1.3 Colombia
                        12.6.1.4 Rest of South America

13 Competitive Landscape (Page No. - 109)
     13.1 Introduction
     13.2 Dive Analysis for Acrylic Adhesives Market Players
             13.2.1 Vanguards
             13.2.2 Innovators
             13.2.3 Dynamic
             13.2.4 Emerging
     13.3 Competitive Benchmarking
             13.3.1 Product Offerings
             13.3.2 Business Strategy

14 Company Profiles (Page No. - 113)
(Business Overview, Products & Services, Key Insights, Recent Developments, )*
     14.1 Henkel AG & Company
     14.2 H.B. Fuller
     14.3 Bostik Sa
     14.4 Illinois Tool Works Inc.
     14.5 Sika AG
     14.6 3M Company
     14.7 Huntsman Corporation
     14.8 Avery Dennison Corporation
     14.9 Pidilite Industries
     14.10 Toagosei Co., Ltd.
     14.11 Royal Adhesives & Sealants, LLC
     14.12 Permabond LLC.
     14.13 List of Other Companies

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 146)
     15.1 Discussion Guide
     15.2 Knowledge Store: Marketsandmarkets Subscription Portal
     15.3 Introducing RT: Real-Time Market Intelligence
     15.4 Available Customizations
     15.5 Related Reports
     15.6 Author Details


List of Tables (85 Tables)

Table 1 Acrylic Adhesives: Market Snapshot
Table 2 Trends and Forecast of GDP, USD Billion (2015–2021)
Table 3 Construction Industry in North America, By Country, USD Billion (2014–2021)
Table 4 Construction Industry in Europe, By Country, USD Billion (2014–2021)
Table 5 Construction Industry in Asia-Pacific, By Country, USD Billion (2014–2021)
Table 6 Construction Industry in Middle East & Africa, USD Billion (2014–2021)
Table 7 Construction Industry in South America, USD Billion (2014–2021)
Table 8 Acrylic Adhesives Market Size, By Technology, 2015–2022 (USD Million)
Table 9 Acrylic Adhesives Market Size, By Technology, 2015–2022 (Kiloton)
Table 10 Water-Based Acrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 11 Water-Based Acrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 12 Solvent-Based Acrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 13 Solvent-Based Acrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 14 Reactive & Other Acrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 15 Reactive & Other Acrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 16 Acrylic Adhesives Market Size, By Type, 2015–2022 (USD Million)
Table 17 Acrylic Adhesives Market Size, By Type, 2015–2022 (Kiloton)
Table 18 Acrylic Polymer Emulsion Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 19 Acrylic Polymer Emulsion Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 20 Cyanoacrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 21 Cyanoacrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 22 Methacrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 23 Methacrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 24 UV Curable Acrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 25 UV Curable Acrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 26 Acrylic Adhesives Market Size, By Application, 2015–2022 (USD Million)
Table 27 Acrylic Adhesives Market Size, By Application, 2015–2022 (Kiloton)
Table 28 Acrylic Adhesives Market Size in Paper & Packaging Application, By Region, 2015–2022 (USD Million)
Table 29 Acrylic Adhesives Market Size in Paper & Packaging Application, By Region, 2015–2022 (Kiloton)
Table 30 Acrylic Adhesives Market Size in Construction Application, By Region, 2015–2022 (USD Million)
Table 31 Acrylic Adhesives Market Size in Construction Application, By Region, 2015–2022 (Kiloton)
Table 32 Acrylic Adhesives Market Size in Woodworking Application, By Region, 2015–2022 (USD Million)
Table 33 Acrylic Adhesives Market Size in Woodworking Application, By Region, 2015–2022 (Kiloton)
Table 34 Acrylic Adhesives Market Size in Transportation Application, By Region, 2015–2022 (USD Million)
Table 35 Acrylic Adhesives Market Size in Transportation Application, By Region, 2015–2022 (Kiloton)
Table 36 Acrylic Adhesives Market Size in Electrical & Electronics Application, By Region, 2015–2022 (USD Million)
Table 37 Acrylic Adhesives Market Size in Electrical & Electronics Application, By Region, 2015–2022 (Kilotons)
Table 38 Acrylic Adhesives Market Size in Consumer Application, By Region, 2015–2022 (USD Million)
Table 39 Acrylic Adhesives Market Size in Consumer Application, By Region, 2015–2022 (Kiloton)
Table 40 Acrylic Adhesives Market Size in Medical Application, By Region, 2015–2022 (USD Million)
Table 41 Acrylic Adhesives Market Size in Medical Application, By Region, 2015–2022 (Kiloton)
Table 42 Acrylic Adhesives Market Size in Other Applications, By Region, 2015–2022 (USD Million)
Table 43 Acrylic Adhesives Market Size in Other Applications, By Region, 2015–2022 (Kiloton)
Table 44 Acrylic Adhesives Market Size, By Region, 2015–2022 (USD Million)
Table 45 Acrylic Adhesives Market Size, By Region, 2015–2022 (Kiloton)
Table 46 Asia-Pacific: Acrylic Adhesives Market Size, By Country, 2015–2022 (USD Million)
Table 47 Asia-Pacific: Acrylic Adhesives Market Size, By Country, 2015–2022 (Kiloton)
Table 48 Asia-Pacific: Acrylic Adhesives Market Size, By Type, 2015–2022 (USD Million)
Table 49 Asia-Pacific: Acrylic Adhesives Market Size, By Type, 2015–2022 (Kiloton)
Table 50 Asia-Pacific: Acrylic Adhesives Market Size, By Technology, 2015–2022 (USD Million)
Table 51 Asia-Pacific: Acrylic Adhesives Market Size, By Technology, 2015–2022 (Kiloton)
Table 52 Asia-Pacific: Acrylic Adhesives Market Size, By Application, 2015–2022 (USD Million)
Table 53 Asia-Pacific: Acrylic Adhesives Market Size, By Application, 2015–2022 (Kiloton)
Table 54 North America: Acrylic Adhesives Market Size, By Country, 2015–2022 (USD Million)
Table 55 North America: Acrylic Adhesives Market Size, By Country, 2015–2022 (Kiloton)
Table 56 North America: Acrylic Adhesives Market Size, By Type, 2015–2022 (USD Million)
Table 57 North America: Acrylic Adhesives Market Size, By Type, 2015–2022 (Kiloton)
Table 58 North America: Acrylic Adhesives Market Size, By Technology, 2015–2022 (USD Million)
Table 59 North America: Acrylic Adhesives Market Size, By Technology, 2015–2022 (Kiloton)
Table 60 North America: Acrylic Adhesives Market Size, By Application, 2015–2022 (USD Million)
Table 61 North America: Acrylic Adhesives Market Size, By Application, 2015–2022 (Kiloton)
Table 62 Europe: Acrylic Adhesives Market Size, By Country, 2015–2022 (USD Million)
Table 63 Europe: Acrylic Adhesives Market Size, By Country, 2015–2022 (Kiloton)
Table 64 Europe: Acrylic Adhesives Market Size, By Type, 2015–2022 (USD Million)
Table 65 Europe: Acrylic Adhesives Market Size, By Type, 2015–2022 (Kiloton)
Table 66 Europe: Acrylic Adhesives Market Size, By Technology, 2015–2022 (USD Million)
Table 67 Europe: Acrylic Adhesives Market Size, By Technology, 2015–2022 (Kiloton)
Table 68 Europe: Acrylic Adhesives Market Size, By Application, 2015–2022 (USD Million)
Table 69 Europe: Acrylic Adhesives Market Size, By Application, 2015–2022 (Kiloton)
Table 70 Middle East & Africa: Acrylic Adhesives Market Size, By Country, 2015–2022 (USD Million)
Table 71 Middle East & Africa: Acrylic Adhesives Market Size, By Country, 2015–2022 (Kiloton)
Table 72 Middle East & Africa: Acrylic Adhesives Market Size, By Type, 2015–2022 (USD Million)
Table 73 Middle East & Africa: Acrylic Adhesives Market Size, By Type, 2015–2022 (Kiloton)
Table 74 Middle East & Africa: Acrylic Adhesives Market Size, By Technology, 2015–2022 (USD Million)
Table 75 Middle East & Africa: Acrylic Adhesives Market Size, By Technology, 2015–2022 (Kiloton)
Table 76 Middle East & Africa: Acrylic Adhesives Market Size, By Application, 2015–2022 (USD Million)
Table 77 Middle East & Africa: Acrylic Adhesives Market Size, By Application, 2015–2022 (Kiloton)
Table 78 South America: Acrylic Adhesives Market Size, By Country, 2015–2022 (USD Million)
Table 79 South America: Acrylic Adhesives Market Size, By Country, 2015–2022 (Kiloton)
Table 80 South America: Acrylic Adhesives Market Size, By Type, 2015–2022 (USD Million)
Table 81 South America: Acrylic Adhesives Market Size, By Type, 2015–2022 (Kiloton)
Table 82 South America: Acrylic Adhesives Market Size, By Technology, 2015–2022 (USD Million)
Table 83 South America: Acrylic Adhesives Market Size, By Technology, 2015–2022 (Kiloton)
Table 84 South America: Acrylic Adhesives Market Size, By Application, 2015–2022 (USD Million)
Table 85 South America: Acrylic Adhesives Market Size, By Application, 2015–2022 (Kiloton)


List of Figures (47 Figures)

Figure 1 Acrylic Adhesives Market Segmentation
Figure 2 Acrylic Adhesives Market, By Region
Figure 3 Acrylic Adhesives Market: Research Design
Figure 4 Market Size Estimation: Bottom-Up Approach
Figure 5 Market Size Estimation: Top-Down Approach
Figure 6 Acrylic Adhesives Market: Data Triangulation
Figure 7 Asia-Pacific to Dominate Acrylic Adhesives Market During Forecast Period
Figure 8 Acrylic Polymer Emulsion Adhesives Dominates Overall Acrylic Adhesives Market (2017–2022)
Figure 9 Medical to Be the Fastest-Growing Application Between 2017 and 2022
Figure 10 Asia-Pacific to Be the Fastest-Growing Market for Acrylic Adhesives By 2022
Figure 11 Emerging Economies Offer Lucrative Opportunities in the Acrylic Adhesives Market During Forecast Period
Figure 12 Acrylic Polymer Emulsion to Dominate Acrylic Adhesives Market During Forecast Period
Figure 13 Paper & Packaging Application Accounts for Largest Share of Asia-Pacific Market in 2016
Figure 14 India to Be the Fastest-Growing Market for Acrylic Adhesives
Figure 15 Market in Developing Countries to Grow Faster Than That Developed Countries, 2017–2022
Figure 16 Drivers, Restraints, Opportunities, and Challenges in the Acrylic Adhesives Market
Figure 17 Impact Analysis: Acrylic Adhesives Market
Figure 18 Growth in Electronics Industry, 2015 to 2017
Figure 19 Acrylic Adhesives Market: Porter’s Five Forces Analysis
Figure 20 Japan Accounted for Highest Number of Patents Registered Between 2015 and 2017*
Figure 21 3M Company Registered Highest Number of Patents Between 2015 and 2017*
Figure 22 GDP of Major Countries in 2016
Figure 23 Acrylic Adhesives to Continue Dominating the Market Between 2017 and 2022
Figure 24 Rising Demand From Major Applications to Drive the Market
Figure 25 Medical is the Largest Application Segment, 2017–2022
Figure 26 Global Production of Vehicles, 2015 and 2016
Figure 27 Growth in Medical Device & Equipment Adhesives Market
Figure 28 Regional Snapshot: Asia-Pacific Countries to Register the Highest CAGR in Acrylic Adhesives Market During Forecast Period
Figure 29 Emerging Regions to Be the Fastest-Growing Acrylic Adhesives Market
Figure 30 Asia-Pacific: Strategic Destination for All Acrylic Adhesive Technologies
Figure 31 Asia-Pacific Dominates Acrylic Adhesives Market, By Application
Figure 32 Asia-Pacific Dominated the Acrylic Adhesives Market in 2016
Figure 33 Asia-Pacific Accounted for the Largest Market Share, in Terms of Value, in 2016
Figure 34 Asia-Pacific Market Snapshot: China is the Most Lucrative Acrylic Adhesives Market
Figure 35 North American Acrylic Adhesives Market Snapshot: the U.S. Was the Largest Market in 2016
Figure 36 European Acrylic Adhesives Market Snapshot: Germany Was the Largest Market in 2016
Figure 37 Acrylic Adhesives Market: Dive Chart
Figure 38 Henkel AG & Company: Company Snapshot
Figure 39 H.B. Fuller: Company Snapshot
Figure 40 Bostik Sa: Company Snapshot
Figure 41 Illinois Tool Works Inc. Company Snapshot
Figure 42 Sika AG: Company Snapshot
Figure 43 3M Company: Company Snapshot
Figure 44 Huntsman Corporation: Company Snapshot
Figure 45 Avery Dennison Corporation: Company Snapshot
Figure 46 Pidilite Industries: Company Snapshot
Figure 47 Toagosei Co., Ltd.: Company Snapshot

The acrylic adhesives market is projected to grow from USD 8.84 Billion in 2017 to USD 11.72 Billion by 2022, at a CAGR of 5.81% between 2017 and 2022. Acrylic adhesives are versatile products that find application in varied industrial sectors. Growing usage of acrylic adhesives in end-use industries, improved quality of adhesives, and increased demand for durable adhesive products are the drivers for the market. The increasing demand in the developing Asia-Pacific region, high growth in end-use industries, and the shift in consumer preferences towards high-quality products are propelling the growth of the acrylic adhesives market. The demand for environmental benefits, such as reduced Volatile Organic Compound (VOC) emissions, and aesthetic bonding solutions for various substrates are expected to further fuel the growth of the acrylic adhesives market.

Medical is projected to be the fastest-growing application segment during the forecast period. Increasing aging population and advancements in medical devices such as lightweight and micro machineries will continue to fuel the use of UV curable and cyanoacrylic adhesives in medical devices, including IV delivery systems, catheters, syringes, hearing aids, silicone rubber components, and others. Such developments and advancements are expected to propel the growth of the acrylic adhesives market, globally.

The acrylic polymer emulsion adhesives segment accounts for the largest share of the overall global acrylic adhesives market due to their easy availability and wide acceptability in applications such as paper & packaging and construction sectors. Water-based adhesives is the largest formulating technology segment, in terms of both value and volume. The increasing demand for VOC-free adhesives has given rise to the use of water-based acrylic adhesives in mature markets such as North America and Europe.

Acrylic Adhesives Marke

Asia-Pacific is the largest and fastest-growing market for acrylic adhesives. The increasing use of acrylic adhesives in paper & packaging, construction, and woodworking applications is expected to provide new growth opportunities to the market. High economic growth, growth in manufacturing industries, availability of cheap labor, growing end-use markets, and global shift of production facilities from developed markets to emerging markets are some of the key factors driving the acrylic adhesives market in Asia-Pacific.

The restraining factor for the acrylic adhesives market growth is identified as environmental regulations in European countries. Key manufacturers of acrylic adhesives include Henkel AG & Company (Germany), 3M Company (U.S.), Bostik SA (France), H.B. Fuller (U.S.), Illinois Tool Works Inc. (U.S.), Avery Dennison (U.S.), Sika AG (Switzerland), and Royal Adhesives & Sealants, LLC (U.S.).

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