Solvent-Based Adhesive Trends and Forecast
The future of the global solvent-based adhesive market looks promising with opportunities in the paper and packaging, medical, automotive, building & construction, and woodworking markets. The global solvent-based adhesive market is expected to reach an estimated $9.6 billion by 2030 with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are rising demand for innovative packaging solutions, growing preference for UV curing and moisture-cured adhesives, and strong demand for this substrate in the construction industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Solvent-Based Adhesive by Segment
The study includes a forecast for the global solvent-based adhesive by chemistry, end use, and region.
Solvent-Based Adhesive Market by Chemistry [Shipment Analysis by Value from 2018 to 2030]:
• Polyurethane
• Acrylic
• Chloroprene Rubber
• PVC Copolymers
• Polyamide
• Vinyl Acetate
• Natural Rubber
• Synthesized Rubber
• Nitrile Rubber
• Others
Solvent-Based Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Paper and Packaging
• Medical
• Automotive
• Building & Construction
• Woodworking
• Others
Solvent-Based Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Solvent-Based Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies solvent-based adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the solvent-based adhesive companies profiled in this report include-
• HB Fuller
• Sika
• Arkema
• 3M Company
• Huntsman Corporation
• Illinois Tool Work
• Henke
Solvent-Based Adhesive Market Insights
Lucintel forecasts that polyurethane is expected to witness the highest growth over the forecast period.
Within this market, paper and packaging will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Solvent-Based Adhesive Market
Market Size Estimates: Solvent-based adhesive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Solvent-based adhesive market size by chemistry, end use, and region in terms of value ($B).
Regional Analysis: Solvent-based adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different chemistries, end uses, and regions for the solvent-based adhesive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the solvent-based adhesive market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the solvent-based adhesive market size?
Answer: The global solvent-based adhesive market is expected to reach an estimated $9.6 billion by 2030.
Q2. What is the growth forecast for solvent-based adhesive market?
Answer: The global solvent-based adhesive market is expected to grow with a CAGR of 2.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the solvent-based adhesive market?
Answer: The major drivers for this market are rising demand for innovative packaging solutions, growing preference for UV curing and moisture-cured adhesives, and strong demand for this substrate in the construction industry.
Q4. What are the major segments for solvent-based adhesive market?
Answer: The future of the solvent-based adhesive market looks promising with opportunities in the paper and packaging, medical, automotive, building & construction, and woodworking markets.
Q5. Who are the key solvent-based adhesive market companies?
Answer: Some of the key solvent-based adhesive companies are as follows:
• HB Fuller
• Sika
• Arkema
• 3M Company
• Huntsman Corporation
• Illinois Tool Work
• Henke
Q6. Which solvent-based adhesive market segment will be the largest in future?
Answer: Lucintel forecasts that polyurethane is expected to witness the highest growth over the forecast period.
Q7. In solvent-based adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the solvent-based adhesive market by chemistry (polyurethane, acrylic, chloroprene rubber, PVC copolymers, polyamide, vinyl acetate, natural rubber, synthesized rubber, nitrile rubber, and others), end use (paper and packaging, medical, automotive, building & construction, 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 5 years and what has its impact been on the industry?
For any questions related to Solvent-Based Adhesive Market, Solvent-Based Adhesive Market Size, Solvent-Based Adhesive Market Growth, Solvent-Based Adhesive Market Analysis, Solvent-Based Adhesive Market Report, Solvent-Based Adhesive Market Share, Solvent-Based Adhesive Market Trends, Solvent-Based Adhesive Market Forecast, Solvent-Based Adhesive Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.