Global Industrial Adhesive Market Information- by type (acrylic, polyvinyl acetate, epoxy, polyurethane and ethyl vinyl acetate), by application (Automobile, construction, electronics and electrical, personal utilities, Medical devices) and by Region - Forecast to 2022
Pune, Maharashtra -- (SBWIRE) -- 01/20/2017 -- Market Highlights
Over the past few years, the global market has witnessed a remarkable growth due to increasing demand of fasteners like Adhesive. This has brought out a higher growth rate of the global Industrial Adhesive Market at the end of forecasted period. The applicant industries like automobile, Electronics and electrical, medicines have seen a phenomenal growth over a period. As per analysis, emerging economies like China, Brazil and India are increasing production with rise in use of Adhesive. APAC has seen as key market player in economy followed by North America, Europe and Row.
Key Player
- Henkel AG & Co. KGaA
- H.B. Fuller
- The Dow Chemical Company
- Sika AG
- Cytec Industries Inc
- Hitachi Chemical Co
- Avery Dennison
- Bostik SA
- RPM international Inc
- Wacker Chemie AG
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Scope of the study
By Type
o Acrylic
o Polyvinyl acetate
o Epoxy
o Polyurethane
o Ethyl vinyl acetate
By Application
o Automobile
o Construction
o Electronics and electrical
o Personal utilities
o Medical device
Regional Analysis
"Asia-Pacific is projected to be the largest market during the forecast period"
Geographically, Asia-Pacific is expected to be the largest market for Industrial Adhesive accounting more than XX% of the total market. This share is contributed more towards growth of emerging economies, cheap labor cost in APAC and economical material used for production process.
Intended Audience
- Manufacturers and distributors of Industrial Adhesive.
- Suppliers and traders of industrial adhesive.
- Government, associations and industrial bodies.
- Investors and Trade experts.
- Consulting in chemical experts.
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The global Industrial Adhesive market has seen a growth over a period and is expected to grow at same pace during forecasted period. Industrial Adhesive are particularly used in the automotive, medicines, constructions. The main reason behind stable growth of Industrial Adhesive market is its physical properties, easy replaceable in costlier market and ease in production process. With economic development, countries like China, Brazil are innovative technology which causes adhesive market to rise in future. Industrial Adhesive has low shelf life can cause problem in future if climate is not supporting industries worldwide. The global Industrial Adhesive market is expected to reach US$ XX Billion at the end of the forecasted period and is expected to grow at CAGR of more than XX % from 2016 to 2022.
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