Acrylic Adhesives Market to Reach US$ 18.41 Billion by 2030, Growing at a CAGR of 5.81%

[kalpesh rajput]

Global Acrylic Adhesives Market to Reach US$ 18.41 Bn by 2030, Growing at a CAGR of 5.81%

Acrylic Adhesives Market to Witness Robust Growth, Projected to Reach US$ 18.41 Billion by 2030

Summary: The global acrylic adhesives market, valued at US$ 12.40 billion in 2023, is set to experience substantial growth, with a projected compound annual growth rate (CAGR) of 5.81% from 2024 to 2030. The market is expected to reach a value of US$ 18.41 billion by the end of the forecast period. This growth is driven by increasing demand across various industries such as construction, transportation, medical, and packaging, along with innovations in adhesive technologies.

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A) Market Size The acrylic adhesives market was valued at US$ 12.40 billion in 2023, and it is forecasted to grow at a CAGR of 5.81% over the next six years, ultimately reaching US$ 18.41 billion by 2030. This growth reflects the ongoing demand for high-performance adhesives that offer superior bonding properties across various applications.

B) Scope and Research Methodology The scope of this report encompasses comprehensive market research that includes both qualitative and quantitative analysis of the global acrylic adhesives industry. The methodology blends primary research with secondary data sources, ensuring a well-rounded approach. The report analyzes market dynamics, trends, and opportunities to provide actionable insights for businesses in the sector.

C) Report Coverage This report covers various aspects of the acrylic adhesives market, including market dynamics, growth drivers, restraints, opportunities, competitive landscape, and segmentation. It also examines key regional markets and forecasts future trends to guide business strategies and investments.

D) Overview Acrylic adhesives are widely used in applications ranging from paper and packaging to medical and construction industries. They are known for their exceptional bonding strength, resistance to environmental stress, and versatility across substrates. These adhesives are formulated using acrylic polymers, which can be tailored for various applications such as UV-curable, methacrylic, and cyanoacrylic-based adhesives.

E) Dynamics Key factors contributing to market growth include increasing demand for sustainable, efficient bonding solutions across industries such as packaging, automotive, and construction. Innovations in adhesive formulations, such as water-based and solvent-free products, are also fostering market expansion. However, challenges such as fluctuations in raw material prices and regulatory constraints may affect market dynamics.

F) Segmentation

• By Technology:
  • Water-based
  • Solvent-based
  • Reactive and others
• By Type:
  • Acrylic Polymer Emulsion
  • Cyanoacrylic
  • Methacrylic
  • UV Curable Acrylic
• By Application:
  • Paper & Packaging
  • Construction
  • Transportation
  • Medical
  • Consumer
  • Woodworking
  • Electronics
  • Others

G) Key Players Include

• Bayer Corporation
• Henkel AG & Company
• 3M Company
• Bostik SA
• H.B. Fuller
• Illinois Tool Works Inc.
• Covestro LLC
• Avery Dennison
• Sika AG
• Pidilite Industries Limited
• Royal Adhesives & Sealants, LLC
• ITW
• MAPEI Inc.
• BASF
• Eastman Chemical Company
• RPM International Inc.
• TONSAN Adhesive, Inc.
• TOAGOSEI CO., LTD

H) Key Offerings The key offerings from major players in the acrylic adhesives market include high-performance, versatile adhesive solutions suitable for various applications. Companies are investing in R&D to develop sustainable, eco-friendly products to cater to the growing demand for green technologies.

I) Table of Contents:

1. Executive Summary
2. Market Overview
3. Market Dynamics
   • Drivers
   • Restraints
   • Opportunities
4. Market Segmentation
   • By Technology
   • By Type
   • By Application
5. Competitive Landscape
6. Key Players and their Strategies
7. Regional Analysis
8. Key Trends and Future Outlook
9. Conclusion

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Signature/About Us: Maximize Market Research is a global market research firm committed to delivering actionable insights for businesses across diverse sectors. Our dedicated team of industry experts and analysts provides in-depth research, focusing on market dynamics, growth drivers, and trends to help companies navigate complex market landscapes. With our focus on accuracy, reliability, and innovation, we empower businesses to make informed decisions and drive sustained growth.

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