Global Acrylic Structural Adhesives Market Research Report 2022

Acrylic adhesives are adhesives manufactured using methacrylate and acrylate monomers as a major feedstock. Polymer mixtures are dissolved in methacrylate or acrylate monomer and the adhesive is produced as two different components. One component contains oxidizing agents mainly peroxide compounds such as benzoyl peroxide and the other component contains metal salts or amines as reducing agent. The components are mixed before application on surface or each component can be applied to separate surfaces to be glued. Upon mixing, the components react and trigger polymerization of methacrylate monomer. Acrylic adhesives carry characteristic traits such as high performance and ability to be used across diverse end-use industries, which includes construction, packaging, and pharmaceutical.
Market Analysis and Insights: Global Acrylic Structural Adhesives Market
Due to the COVID-19 pandemic, the global Acrylic Structural Adhesives market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Water-based Adhesives accounting for % of the Acrylic Structural Adhesives global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Packaging segment is altered to an % CAGR throughout this forecast period.
North America Acrylic Structural Adhesives market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Acrylic Structural Adhesives include Henkel, 3M, Arkema, H.B. Fuller, Soken, Nitto Denko, Avery Dennison, tesa SE and LG Chem, etc. In terms of revenue, the global 3 largest players have a % market share of Acrylic Structural Adhesives in 2021.
Global Acrylic Structural Adhesives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Acrylic Structural Adhesives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Water-based Adhesives
Solvent-based Adhesives
Reactive Adhesives
Others
Segment by Application
Packaging
Building & Construction
Automotive & Transportation
Electrical and Electronics
Energy & Power
Others
By Company
Henkel
3M
Arkema
H.B. Fuller
Soken
Nitto Denko
Avery Dennison
tesa SE
LG Chem
Berry Plastics
Permabond
Jiangyin Shuanghua
Xinfeng Group
Sika AG
DuPont
Ashland
Franklin International
Huntsman
Illinois Tool Works
LORD Corporation
Loxeal
Mapei
Huitian
Pidilite Industries
Panacol-Elosol GmbH
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina