Water-based Adhesive Market was valued at US$ 16.47 Bn. in 2020 and is expected to reach US$ 23.8 Bn. by 2027, at a CAGR of 5.4% during a forecast period.
Water-based Adhesive Market Overview :
The Water-based Adhesive Market research provides a comprehensive perspective of the competition, including the market share and company profiles of the top players in the global industry. The scope of the research covers a thorough examination of the Healthcare IoT Market, as well as the causes for variances in the industry's growth in a variety of sectors.
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Water-based Adhesive Market Dynamics:
Water-based Adhesive also known as Water-borne Adhesive is generally made from soluble synthetic or natural polymers. Water-based adhesives are used to bond different substrates in several applications, such as paper and packaging, tapes and labels, woodworking, building and construction, and automotive and transportation. These adhesives are wet bonding, thus at least one substrate has to be water permeable to allow water to escape from the bond line.
Water-based Adhesive Market Segment:
Based on resin type, the Acrylic polymer emulsion is likely to dominate the global market and generate a significant revenue share over the forecast period. Because ester resins are flexible, acrylic polymer emulsions are created by an emulsion polymerization technique. They offer good durability and low volatile emission compound (VOC) emission rates, making them ideal for a wide range of applications in end-use sectors like building and construction, paints and coatings, textiles, and others.
Regional Analysis:
North America, Europe, Asia Pacific, the Middle East & Africa, and South America are the five main geographical regions of the Water-based Adhesive Market market.
Water-based Adhesive Market Key players:
• Henkel
• H.B. Fuller
• Arkema
• Sika
• The Dow Chemical
• Bayer Material Science
• Applied Adhesives
• Jowat AG
• Dow Corning
• Evonik Industries AG
• Illinois Tool Works Inc.
• Franklin International, Inc.
• Bostik
• Ashland
• MAPEI S.p.A.
• 3M
• Pidilite Industries Ltd.
• Permabond LLC
• DELO Industrial Adhesives
• Akzo Nobel N.V.
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Research methodology:
A methodical strategy to minimising residual mistakes is taken by Maximize Market Research, which includes limiting the scope, validating with primary insights, and routinely maintaining the internal database. To take into account typical market fluctuations and adjust to any changes in the market's dynamics, a dynamic model is developed. Depending on the particular markets, the variables and qualities covered in the research may alter. The model must most importantly include information from the supply and demand sides in order to calculate the market gap.
A substantial amount of data is gathered and compiled in the early phases of the research process. The obtained data is frequently verified using a variety of sources, including the internal database, paid sources, annual reports of corporations, SEC filings, authorised news releases, price databases, and many more. The complete value chain must be understood in a comprehensive research study. To acquire a comprehensive view of the market taxonomy, we thoroughly examine the annual reports and financials of market participants.
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