Global Adhesive Equipment Market - Industry Trends, Opportunities and Forecasts to 2023

The global adhesive equipment market is projected to witness a compound annual growth rate of 4.97% during the forecast period to reach a total market size of US$40.515 billion by 2023, increasing from US$31.790 billion in 2018. Major driving factors pushing the demand for adhesive equipment over the forecast period are industrialization rate, and favorable government initiatives to promote packaging sector in emerging markets of Asia Pacific and Latin America. However, lack of customization of product as per customer requirements and specification is expected to impede the global adhesive equipment market growth over the forecast period.

Research Methodology

The report provides a brief introduction to the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentation which has been covered as part of the report.

Market Dynamics

This section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the adhesive equipment market growth. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

Competitive Insight

The major players discussed in this report include 3M Company, Adhesive & Equipment, Inc., Adhesive Dispensing Limited, Avery Dennison Corporation, Bostik SA, DAP Products,Gluefast Company, Graco Inc., H.B. Fuller, Henkel, Adhesive Equipment Corporation, Illinois Tool Works CorporationI, and TW Dynatec with few others.

Segmentation

Global Adhesive Equipment market has been segmented by product type, material type, applications, and geography:

By Product Type

• Adhesive Controllers


• Adhesive Pumping Systems


• Application Guns


• Cold Glue Applicators


• Industrial Hot Melt


• Pneumatic Adhesive Applicators

By Applications

• Construction


• Disposable Hygiene Products (DHP)


• Lamination


• Packaging


• Technical Textiles


• Other Applications

By Geography

• North America


• South America


• Europe


• Middle East and Africa (MEA)


• Asia Pacific (APAC)