Emulsion Adhesives Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
Global Emulsion Adhesives Market:Snapshot
The global market for emulsion adhesives has earned revenues through the popularity of these adhesives across key end-user industries. Furthermore, the growth of the global market for emulsion adhesives hinges on the development of several key industries including constructions, automotives, packaging, and plywood. Emulsion adhesives are used in these industries with a deft level of scrutiny, thus, enhancing the prospects of market growth. Emulsifying adhesives are manufactured from the saturated fatty acids, and they can be used in a number of industries due to their useful properties. The trustable manufacturing process and easy testing of the quality of emulsion adhesives is a key consideration for end-user industries.
The cosmetics industry has been expanding its roots at a starry rate over the past decade. Hence, the use of emulsion adhesives in these industries ensures that there is a regular inflow of demand within the global market for the former. Furthermore, wall paints and coatings are also mixed emulsion adhesives for a number of reasons, and this further enhances the growth of the global market for emulsion adhesives. Despite these favourable factors for market growth, the low awareness of the workers in the constructions industry often results in misuse of emulsion adhesives. Furthermore, the global market for emulsion adhesives has not allotted a sufficient budget for the marketing and promotion of the product.
The market for emulsion adhesives in Asia Pacific is prospering as the constructions industries in India and China undergo key developments. Furthermore, the successful marketing and promotion of emulsion adhesives in the western world has given an impetus to the market for emulsion adhesives in North America and Europe.
Global Emulsion Adhesives Market: Overview
The global emulsion adhesives market is foreseen to bank on rising usage of ecofriendly adhesives in end-use industries to attain strong growth in the coming years. This could be one of the important factors anticipated to help the market to grow at a handsome rate between 2017 and 2025. Demand for emulsion adhesives could stay impressive because of their non-toxic, inflammable, and solvent-free nature. They could be mainly used for wood, cloth, paper, and other porous materials. Their ecofriendly nature could be attributed to the fact that they are free of solvents.
The global emulsion adhesives market is expected to take advantage of various applications in panels, composite members, packaging, working paper, decorated plywood, woodworking, and furniture. Application of emulsion adhesives in the automotive and transportation industry could significantly bode well for the market. This is predicted to take place because of the faster growth of the industry.
Global Emulsion Adhesives Market: Trends and Opportunities
Besides swelling demand for ecofriendly adhesives, the world emulsion adhesives market is foretold to gain momentum due to increasing requirement in emerging regions. Asia Pacific showcasing massive demand for acrylic emulsion adhesives could bring in ample of opportunities in the market. However, the market is forecasted to come face to face with certain challenges such as performance issues related to the usage of emulsion adhesives in high-strength applications. Furthermore, holt-melt and other solvent-less adhesives are envisaged to give a tough competition to emulsion adhesives. Another factor that could hamper the demand for emulsion adhesives is tight regulatory approvals needed for production.
Nevertheless, according to seasoned analysts, players are envisioned to reap lucrative growth benefits while riding on opportunities in high-end applications and innovations in the world emulsion adhesives market.
Global Emulsion Adhesives Market: Market Potential
Introduction of novel products in the world emulsion adhesives market could be one of the go-to strategies adopted by players to have an edge over other competitors. The Dow Chemical Company was said to exhibit complementary portfolios of Dow Packaging & Specialty Plastics and Dow Consumer Solutions at LABELEXPO Southeast Asia between May 10 and 12, 2018. Its platinum catalyzed emulsion systems of the Syl-Off range allows the combination of silicone and other adhesives to coat less refined and thinner papers. With stringent environmental regulations for solvents, emulsion coating is expected to gain attention increasingly.
Global Emulsion Adhesives Market: Regional Outlook
On the basis of both volume and revenue, the international emulsion adhesives market is prognosticated to testify the rise of Asia Pacific as a region with higher CAGR. One of the vital factors augmenting the demand for emulsion adhesives in the region are mandatory use of low-VOC and ecofriendly products due to the implementation of certain policies. The developing region could also benefit from India and China exhibiting a telling demand for emulsion adhesives.
Increase in automobile production in Asia Pacific owing to the expansion of the automotive industry could prove to be significant for the growth of the regional market for emulsion adhesives. Interior trims, headliners, tail lights, and various other automotive components are manufactured using emulsion adhesives. The international emulsion adhesives market is prophesied to benefit from increasing residential and commercial activities in Colombia, Turkey, Brazil, and India.
Global Emulsion Adhesives Market: Competitive Landscape
The international emulsion adhesives market testifies the presence of key players such as Wacker Chemie, Ashland, Henkel, H.B. Fuller, and Arkema. Players are expected to involve themselves in expansion activities, mergers and acquisitions, and new product launches to extend their share of the market. The report sheds more light on competitive scenarios of the market and how they could shape in the foreseeable future.
Global Emulsion Adhesives Market: Type
Global Emulsion Adhesives Market: Application
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