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Latin America Adhesives Market - Forecast (2020 - 2025)

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  • 109 Pages
  • March 2020
  • Region: Latin America
  • IndustryARC
  • ID: 5021629
The Latin America adhesives market majorly driven by the increasing adoption of roofing adhesives in the residential and construction industry to avoid water penetration and use of mechanical fasteners and growing automotive and aerospace industries in this region are set to drive the adhesives market

Better adhesives properties are set to extend demand of adhesives in Latin America

Adhesives offer better adhesion for joining of materials over traditional technologies such as bolting, brazing, welding and mechanical fasteners. Moreover adhesives components will be preferred over other bonding materials because of their durability and longer lifespans. Also these days many metals are attached using adhesives because of their high strength and water proof feature.

Adhesives exhibit many unique properties in the fields of automotive and aerospace. Continuous industrialization as well as construction sector in Latin America increasing consumption of adhesives.

Adhesives usage in the assembly of medical devices has been growing over the past few decades by substituting fastening systems. These adhesives are available in different forms such as structural, non-structural, pressure sensitive adhesive and others. Choosing of appropriate adhesive type, formulation relative to the application will result in optimal performance.

In the Latin America region, Brazil, Mexico, and Argentina are the frontrunners for the adhesives market. Among these countries Mexico is a major market for adhesives in Latin America in terms of production and consumption, which is led by the Mexican automobile parts manufacturing and construction sector. After Mexico, Brazil and Argentina are the major adhesive markets in this region

Automotive, building and construction are some of the other major markets pertaining to adhesives. Expanding metals usage and increased ship building drives the usage of adhesives in respective applications.

Adhesives market will continue to exhibit growth over the next decade which will be led by the growing demand from various industries. Rising usage of plastics and carbon fiber automotive components are further fueling demand for adhesives in the region.

This report incorporates an in-depth assessment of Latin America Adhesives market by formulation technology, resin type, substrate, device type, application and geography.

What are the major applications for Adhesives In Latin America region?

End user industries such as automotive, construction industry, marine, wind power industry, electrical & electronics, account for most of the adhesive applications in the global market.

Market Research and Market Trends of Latin America Adhesives market Ecosystem

Utmost adhesives are produced in small quantities for specific applications and customers. Small players compete against corporate players by focusing on a narrow product range or limited end use application.

BASF S.A. has received the ‘Best Supplier Innovation’ prize in 2020. In recent times BASF partnered closely with Avery Dennison in 2020 to develop a specific, high growth product segment called acrylic film adhesives in Brazil and Argentina.

H.B Fuller is one of the major player in the adhesives market. Through its acquisition of Adecol Ind. Química, Limitada, a highly respected manufacturer of quality adhesive technologies in Brazil, H.B Fuller has strengthened its Latin America adhesive segment, and hence, its outreach.

Who are the Major Players in Latin America Adhesives Market?

Henkel AG &Co. Avery Dennison, 3M Company, Arkema Group (Bostik), H.B.Fuller Company, DOWDupont Inc, Huntsman Corporation, are the major adhesive makers in Latin America.

What is our report scope?

The report gives in-depth analysis of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics and its impact during the forecast period 2020-2025.

Key Takeaways from this Report

  • Evaluate market potential through analyzing growth rates (CAGR %), volume (units) and value ($m). Country level data is provided based on – product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitors’ performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and increase efficiency of your processes.

  • Get a quick outlook on the market entropy – M&As, deals, partnerships, and product launches of all key players in the past four years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than 20 top countries, for the market.

Table of Contents

1. Latin America Adhesives Market overview2. Executive summary
3. Latin America Adhesives Market landscape
3.1 Market share analysis By Country
3.2 Comparative analysis
3.2.1 Product Benchmarking
3.2.2 End user profiling
3.2.3 Patent Analysis
3.2.4 Top 5 Financials Analysis
4. Latin America Adhesives Market forces
4.1 Market drivers
4.2 Market constraints
4.3 Market challenges
4.4 Porters five force model
4.4.1 Bargaining power of suppliers
4.4.2 Bargaining powers of customers
4.4.3 Threat of new entrants
4.4.4 Rivalry among existing players
4.4.5 Threat of substitutes
5. Latin America Adhesives Market Strategic analysis
5.1.1 Value chain analysis
5.1.2 Pricing analysis
5.1.3 Opportunities analysis
5.1.4 Product life cycle
5.1.5 Suppliers and distributors
5.1.6 Consumption by country
5.1.7 Product developments
5.1.8 Key market trends
5.1.9 Key distributor analysis
5.1.10 Key brands
5.1.11 Regulations
6. Latin America Adhesives Market – By Raw Materials
6.1 Introduction
6.2 Natural
6.2.1 Starch and dextrin
6.2.2 Gelatine (animal, fish, vegetable glues)
6.2.3 Asphalt and Bitumin
6.2.4 Natural rubber
6.2.5 Resins
6.3 Semi-synthetic
6.3.1 Cellulosic
6.4 Synthetic
6.4.1 Polyurethane
6.4.2 Epoxy
6.4.3 Polyvinylidene Chloride
6.4.4 Acrylics
6.4.5 Phenolics
6.4.6 Synthetic rubbers
6.4.7 Polyester resin
6.4.8 Polyolefin Polymers
6.4.9 Cyanoacrylates
6.4.10 Polyimide
6.4.11 Others
7. Latin America Adhesives Market – By Type
7.1 Introduction
7.2 Structural Adhesives
7.3 Pressure Sensitive Adhesives
7.4 UV Curable Adhesives
7.5 Instant Adhesives
7.6 Others
8. Latin America Adhesives Market – By Formulation
8.1 Introduction
8.2 Water based
8.2.1 Acrylics
8.2.2 Polyvinyl Acetate (PVA) Emulsion
8.2.3 Ethylene Vinyl Acetate (EVA) Emulsion
8.2.4 Polyurethane Dispersions & CR (Chloroprene Rubber) Latex
8.2.5 Others
8.3 Solvent based
8.3.1 Styrene Butadiene and Styrene Rubber
8.3.2 Chloroprene Rubber
8.3.3 Polyvinyl Acetate Emulsion
8.3.4 Polyamide
8.3.5 Others
8.4 Hot melt based
8.4.1 Ethylene Vinyl Acetate
8.4.2 Styrenic Block Copolymers
8.4.3 Amorphous Poly-alphaolefin
8.4.4 Polyurethane
8.4.5 Polyamide
8.4.6 Others
8.5 Reactive Adhesives
8.5.1 Ethylene Vinyl Acetate
8.5.2 Styrenic Block Copolymers
8.5.3 Amorphous Poly-alphaolefin
8.5.4 Polyurethane
8.5.5 Polyamide
8.5.6 Others
8.6 Solvent-Less
8.7 Others
9. Latin America Adhesives Market – By Substrate
9.1 Introduction
9.2 Polymer
9.2.1 Thermoplastic olefin (TPO)
9.2.2 Acrylonitrile butadiene styrene (ABS)
9.2.3 Polypropylene (PP)
9.2.4 PUR-RIM
9.2.5 ABS-PC
9.2.6 PBT/PC
9.2.7 PE/PA
9.2.8 Others
9.3 Composites
9.3.1 CFRP
9.3.2 Fiber glass
9.3.3 Others
9.4 Metals
9.4.1 Aluminium
9.4.2 Magnesium
9.4.3 Iron
9.4.4 Zinc
9.4.5 Copper
9.4.6 Nickel
9.4.7 Others
9.5 Wood
9.6 Others
10. Latin America Adhesives Market – By Component
10.1 Introduction
10.2 One – Component
10.3 Two - Component
11. Latin America Adhesives Market – By End Use
11.1 Introduction
11.2 Automotive
11.3 Aerospace
11.4 Domestic appliance
11.5 Healthcare
11.6 Consumer electronics
11.7 Electrical
11.8 Construction
11.9 General industrial
11.10 Marine
11.11 Building and construction
11.12 Paper & Packaging
11.13 Transportation
11.14 Others
12. Latin America Adhesives Market – By Application
12.1 Introduction
12.2 Leather & Footwear
12.3 Sports equipment
12.4 Graphics
12.5 Tapes and labels
12.6 Wood and EIFS
12.7 Window films
12.8 Woodworking
12.9 vehicles assembly
12.9.1 light vehicles Auto and Truck Vans Others
12.9.2 Heavy Vehicles Trucks Trains Subway cars Tractors Busses Others
13. Latin America Adhesives Market – By Region
13.1 Introduction
13.2 Mexico
13.3 Brazil
13.4 Peru
13.5 Argentina
13.6 Chile
13.7 Colombia
13.8 Ecuador
13.9 Bolivia
13.10 Paraguay
13.11 Uruguay
14. Latin America Adhesives Market – Company Profiles
More than 20 Companies are profiled in this Research Report*
15. Appendix
15.1.1 Abbreviations
15.1.2 Research Methodology
15.1.3 Bibliography
15.1.4 Sources
15.1.5 Compilation of Expert Insights
15.1.6 Disclaimers