Chemical

According to a market report by Lucintel, the future of acrylic adhesives in the global specialty adhesive market looks promising with opportunities in the packaging, building and construction, transportation, appliance, electrical and electronic, sporting good, and woodworking end use industries. The global specialty adhesive market in terms of acrylic adhesives is expected to reach an estimated $20.6 billion by 2028 with a CAGR of 5.5% from 2023 to 2028. The major drivers for this market are increasing application of acrylic adhesives in the construction, automotive, and other industries and growing demand for eco-friendly and technologically advanced adhesives.



Water based, solvent-based, and reactive are the major segments of acrylic adhesives in specialty adhesive market by technology. Lucintel forecasts that water based will remain the largest technology segment over the forecast period due to its increasing demand in various applications, including paper lamination, packaging, envelopes, textiles, furniture, and vehicles owing to its low-temperature flexibility and high-temperature resistance properties.



Within this market, packaging is expected to remain the largest end use industry segment due to significantly growing e-commerce platforms and increasing consumer preference for packaged products. 



APAC will remain the largest region due to robust growth in the building activities, growing demand for packaging in the expanding e-commerce industry, and increasing production in the food and beverage industry.

Henkel, H.B. Fuller, Avery Dennison, Illinois Tool Works, Pidilite Industries, and Sika AG are the major suppliers for acrylic adhesives in the global specialty adhesive market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for acrylic adhesives in the global specialty adhesive market by technology, end use industry, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Acrylic Adhesives in the Global Specialty Adhesive Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for acrylic adhesives in the global specialty adhesive market by technology, end use industry, and region, as follows:  

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for acrylic adhesives in specialty adhesive market by technology (water based, solvent based, reactive, and others), end use industry (packaging, building and construction, transportation, appliances, electrical and electronics, sporting goods, woodworking, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?