Adhesives, owing to their ability to bind different material together by distributing stress more efficiently across the joints, are becoming an integral part of various commercial and industrial sectors. Adhesives and sealants are often considered together, as they both are applied to the surfaces of materials to adhere and seal them together. They are generally in a liquid form, which is viscous in nature, with no or little flow characteristics. Adhesives are majorly chosen for their bonding and holding power and have high tensile and shear strength.
The adhesives market is driven by many factors, such as the growing environmental awareness, wide-range of applications, and growing consumer class. However, this market faces certain drawbacks, such as volatility in raw material prices and political turmoil in the region. These factors may act as a hindrance to the growth of the market.
The Malaysia adhesives market is segmented by major end-users, namely, building & construction; paper, board, & packaging; woodworking & joinery; transportation; footwear & leather; assembly operations; and electronics. By end-user industry, the construction segment holds one of the major shares in the market, which is shown below:
Adhesives are of two types, namely, structural (whose strength is vital for the success of the assembly) and non-structural adhesives (generally have low-strength and are used to bond weak substrates and for temporary fastening). The Malaysia adhesives market, based on type, has been segmented into hot melt adhesives, reactive hot melt adhesives, solvent-based adhesives, pressure sensitive adhesives, epoxy adhesives, and polyurethane adhesives.
Opportunities and Major Players
The growing construction industry, rising automotive industry, and accelerating packaging industry will offer numerous opportunities for the growth of the Malaysia adhesives market.
Some of the major companies dominating this market for its products, services, and continuous product developments are:
Key Deliverables in the Study:
Market analysis for the Malaysia adhesives market, with region-specific assessments and competition analysis.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the Malaysia adhesives market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
1.2 Research Methodology
1.3 Scope of the Report
2. Executive Summary
3. Adhesives Market
3.1 Market Overview
3.2 Industry Value Chain Analysis
3.3 Industry Attractiveness - Porter’s Five Force Analysis
3.3.1 Bargaining Power of Suppliers
3.3.2 Bargaining Power of Consumers
3.3.3 Threat of New Entrants
3.3.4 Threat of Substitute Products and Services
3.3.5 Degree of Competition
4. Market Dynamics
4.1.1 Rising Purchasing Power
4.1.2 Growing Environmental Awareness
4.1.3 Wide Range of Applications
4.2.1 Volatility in Raw Material Prices
4.2.2 Economic Cycles
4.2.3 Political Turmoil
4.3.1 Expanding Construction Industry
4.3.2 Increasing Demand from the Automotive Industry
4.3.3 Packaging Industry
5. Market Segmentation and Analysis
5.1 by Type
5.1.1 Hot Melt Adhesives
5.1.2 Reactive Hot Melt Adhesives
5.1.4 Pressure Sensitive Adhesives
5.1.5 Epoxy Adhesives
5.1.6 Polyurethane Adhesives
5.2 by Application
5.2.2 Building & Construction
5.2.2 Paper Board & Packaging
5.2.3 Woodworking & Joinery
5.2.5 Footwear & Leather
5.2.6 Assembly Operations
6. Potential Adhesive Customers
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements
7.2 Market Share Analysis
7.3 Strategies Adopted by Leading Players
8. Global Manufacturers
8.2 Adtekin Malaysia
8.3 Henkel (Malaysia) Sdn. Bhd.
8.4 Jowat Manufacturing (Sea) Sdnbhd
8.5 H. B. Fuller Adhesives Malaysia Sdn. Bhd.
9. Local Manufacturers
9.1 Chemibond Enterprise Sdn. Bhd.
9.2 Malayan Adhesives & Chemicals Sdn. Bhd.
9.3 Rovski Sdn Bhd
9.4 Mohm Chemical Sdn. Bhd.
9.5 Vital Technical Sdn Bhd
9.6 Affluent Cycle Industries Sdn. Bhd.
9.7 Mapei Malaysia Sdn. Bhd.
9.8 Wilron Products Sdn. Bhd.
- Adtekin Malaysia
- Henkel (Malaysia) Sdn. Bhd.
- Jowat Manufacturing (Sea) Sdnbhd
- H. B. Fuller Adhesives Malaysia Sdn. Bhd.
- Chemibond Enterprise Sdn. Bhd.
- Malayan Adhesives & Chemicals Sdn. Bhd.
- Rovski Sdn Bhd
- Mohm Chemical Sdn. Bhd.
- Vital Technical Sdn Bhd
- Affluent Cycle Industries Sdn. Bhd.
- Mapei Malaysia Sdn. Bhd.
- Wilron Products Sdn. Bhd.