Global Acrylic Adhesive Market (2020-2025) by Type, Technology, Application, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Acrylic Adhesive Market is estimated to be USD 9.03 Bn in 2020 and is expected to reach USD 12.27 Bn by 2025, growing at a CAGR of 6.33%.

Market Dynamics

Key factors such as the growing automation in the electronic industry along with the growing demand in the packaging and construction sector etc have led to the growth of the acrylic adhesives market. Further, the growth in UV-cured acrylic adhesive tapes is also driving the demand for the acrylic adhesives market.
However, fluctuating prices of raw materials and stringent government regulations are hampering the growth of the market.

Market Segmentation

The Global Acrylic Adhesives Market is segmented further based on Type, Technology, Application, and Geography.

By Component Type, the market is classified as one component and two components. Amongst the two, the one component segment is estimated to hold the highest market share.

By Product Type, the market is classified as permanent and temporary. Amongst the two, the permanent segment is estimated to hold the highest market share.

By Type, the market is classified as acrylic polymer emulsion, cyanoacrylic adhesives, other cyanoacrylates, methacrylic adhesives, and UV curable acrylic adhesives. Amongst all, the acrylic polymer emulsion segment is estimated to hold the highest market share.

By Technology, the market is classified as water-based acrylic adhesives, solvent-based acrylic adhesives, reactive & other acrylic adhesives. Amongst all, the water-based acrylic adhesives segment is estimated to hold the highest market share.

By Application, the market is classified as Paper & Packaging, Automotive, and Transportation, Construction & Furniture, Woodworking, Electrical and Electronics, Consumer Goods, Medical, Others. Amongst all, the Paper & Packaging segment is estimated to hold the highest market share during the forecast period.

By Geography, APAC is projected to lead the market.

Recent Developments
1. Ashland has launched Aroset 2100 PSA, a high-performance acrylic pressure-sensitive adhesive (PSA) to provide specialty tape and label manufacturers with the capability to manufacture robust tapes for performance design spaces. - 17th May 2018
2. Pidilite Industries Limited has acquired the Huntsman Group’s Indian subsidiary namely, Huntsman Advanced Materials Solutions Private Limited (HAMSPL). With expertise in adhesives, and sealants, their product Araldite is likely to complement the retail portfolio of Pidilite brands. - 29th October 2020

Company Profiles

Some of the companies covered in this report are Pidilite Industries Limited, Bostik, Sika AG, Eastman Chemical Company, Hexcel Corporation, ITW (Illinois Tool Works Inc.), LORD Corp., etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyse and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Acrylic Adhesive Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also contains the competitive analysis using the Competitive Quadrant, the analyst's proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry.
• Important market dynamics and trends.
• Market segmentation.
• Historical, current, and projected size of the market based on value and volume.
• Market shares and strategies of key players.
• Recommendations to companies for strengthening their foothold in the market.