Adhesives Market- Global Opportunity Analysis And Industry Forecast (2017-2022)

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An adhesive is a material used for holding two surfaces together. An adhesive is prepared based on various types & techniques such as water based adhesives, solvent based adhesives, hot melt adhesives, pressure sensitive adhesives, and reactive adhesives. Adhesives play a very important role in various industries such as packaging, automotive, construction, footwear, medical industry, and many others for the bonding and assembly of various products. The use of adhesives in laminating, bonding, and assembling of various components is increasing due to rising preference for smaller, lighter, and aesthetic vehicles, electronics, furniture, and other products. The growing end user industries; and increasing demand for consumer goods with rising urbanization and improving life style of the population have significantly impacted the growth of formulated adhesives market.

Global Adhesives Market is expected to reach USD 53,503.0 million by 2022, supported by a CAGR of 4.5% during the forecast period of 2017 to 2022.

Following a comprehensive research on adhesives market and an in-depth analysis of the market scenario, the report carries out an impact analysis of the key industry drivers, restraints, trends, and opportunities, listed in the market dynamics segment. Growing demand for consumer goods with rising urbanization & improving lifestyle, rising demand for hot melts adhesives, and growing automotive industry & rising demand for lightweight and low carbon emitted vehicles are the key market drivers covered in the report which will support the industry growth in the forecast period. Further, rising demand from emerging economies and growing need for eco-friendly, low VOC, & green sustainable adhesives offers significant opportunities for the growth of adhesives market during the forecast period. However, volatile raw material prices hamper the growth of the global adhesives market.

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The report further gives an extensive outlook on the industries served by the adhesives products. These industries include packaging industry, construction industry, automotive industry, electronics & electrical industry, furniture & laminates industry, leather & footwear industry, consumer use, and medical industry among others. The application segment further briefly talks about the trends impacting the growth of these markets and the benefits involved with the use of adhesives products in these industries to improve overall operational efficiency.
An exhaustive analysis of the geographical scenario of the industry for the five major geographies: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa is included in the geographical analysis section. These regions are further analysed at a country level with the detailed qualitative and quantitative analysis. The geographical analysis provides detailed insights on the key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. Asia-Pacific region accounted for the largest share of the global adhesives market, followed by Europe, North America, Latin America, and Middle East & Africa. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.

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The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 3 years (2014-2017). The study has also incorporated the market share analysis of leading players and detailed profiles of 15 top market players across the value chain of the industry, including detailed financial performance, product offerings, and strategic growth initiatives of each player.
The key players in the global adhesives market are 3M (U.S.), H.B. Fuller (U.S.), Henkel AG & Co. KGaA (Germany), The Dow Chemical Company (U.S.), Sika AG (Switzerland), Arkema (France), Huntsman Corporation (U.S.), Avery Dennison (U.S.) Wacker Chemie AG (Germany), Royal Adhesives and Sealants (U.S.), Franklin International, Inc. (U.S.), LORD Corporation (U.S.), and Illinois Tool Works Inc. (U.S.).

Overview of primary interviews



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About Meticulous Research
Meticulous Research is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

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AVP- Global Sales and Marketing
Meticulous Research®
Tel: +1-646-781-8004
Email: viren@meticulousresearch.com




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