Plastic Adhesives Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027


Growing demand for plastic adhesives in the packaging sector is one of the significant factors influencing the market growth. Market Size – USD 6.54 Billion in 2019, Market Growth - CAGR of 6.1%, Market Trends –Surging demand from the APAC region

The new report titled ‘Global Plastic Adhesives Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Plastic Adhesives market outlook over the forecast duration. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Plastic Adhesives market.

The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector. Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.

The latest research report serves as a perfect example of the precise analysis of the global Plastic Adhesives market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation.

 

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Table of Contents:

  • Chapter 1 includes an introduction of the global Plastic Adhesives market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
  • Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
  • Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
  • In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
  • Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.

Competitive Outlook:

 

The global Plastic Adhesives market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Plastic Adhesives market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

Arkema SA, 3M Company, Parker Hannifin Corporation, Huntsman International LLC, Sika AG, Henkel AG, Dow Inc., Illinois Tool Works Inc., MaterBond Inc., Ashland Global Specialty Chemicals Inc.

Based on the product type, the Plastic Adhesives market is segmented into:

  • Resin Type Outlook (Revenue, USD Billion; 2017-2027)

    • Epoxy
    • Polyurethane
    • Acrylic
    • Silicone
    • Cyanoacrylate
    • Methyl Methacrylate
    • Others
  • Substrate Outlook (Revenue, USD Billion; 2017-2027)

    • Polyethylene
    • Polypropylene
    • Polyvinyl Chloride
    • Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

    • Online
    • Offline

In case of any further queries, get in touch with our expert team @https://www.emergenresearch.com/industry-report/plastic-adhesives-market

Key regions covered in the report:

 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

 

The report considers the following timeline for market estimations:

  • Historical Years: 2017 – 2018
  • Base Year: 2019
  • Estimated Year: 2027
  • Forecast Years: 2020 – 2027

 

Valuable Market Insights:

 

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Plastic Adhesives market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

 

Questions addressed in the report:

  • What is the estimated market growth rate throughout the forecast period?
  • Which end-use industry is expected to witness the highest demand for Plastic Adhesives in the near future?
  • What is the regulatory framework governing the application of Plastic Adhesives in the food industry?
  • Which manufacturing processes are utilized for the production of Plastic Adhesives?

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