Global Acrylic Adhesives Market to Surge to USD 18.41 Billion by...

Global Acrylic Adhesives Market to Surge to USD 18.41 Billion by 2030, Growing at a CAGR of 5.81%

Posted 2024-09-17 02:21:09

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Global Acrylic Adhesives Market Set to Reach USD 18.41 Billion by 2030, Growing at a CAGR of 5.81%

Summary:

The global acrylic adhesives market, valued at USD 12.40 billion in 2023, is projected to grow significantly over the forecast period, reaching nearly USD 18.41 billion by 2030. This growth is driven by the increasing demand across various industries, including construction, transportation, and medical applications. The market is expected to expand at a robust CAGR of 5.81% from 2024 to 2030.

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A) Market Size

The acrylic adhesives market was valued at USD 12.40 billion in 2023. With a compound annual growth rate (CAGR) of 5.81% forecasted for the period from 2024 to 2030, the market is expected to attain a valuation of approximately USD 18.41 billion by the end of the forecast period.

B) Scope and Research Methodology

Maximize Market Research's comprehensive report on the global acrylic adhesives market provides detailed insights into market trends, applications, growth forecasts, and analysis from 2024 to 2030. The research methodology combines both primary and secondary research to ensure the accuracy and reliability of the findings. The report covers market dynamics, key drivers, and potential challenges while analyzing technological advancements and competitive strategies.

C) Report Coverage

The report includes an in-depth analysis of market size, revenue statistics, and key trends. It also covers the impact of various factors on market growth, including economic conditions and technological innovations. The analysis extends to supply chain trends, competitive landscape, and strategic developments of major market players.

D) Overview

The acrylic adhesives market is experiencing robust growth due to their versatile applications in various industries. These adhesives are known for their strong bonding capabilities, weather resistance, and durability, making them suitable for use in construction, automotive, medical, and consumer products.

E) Dynamics

Key drivers for market growth include increased demand in the construction sector, advancements in adhesive technologies, and the rising need for high-performance adhesives in medical applications. However, challenges such as fluctuating raw material prices and stringent environmental regulations may impact market dynamics.

F) Segmentation

By Technology:
- Water-based
- Solvent-based
- Reactive
- 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

Maximize Market Research offers a comprehensive view of the acrylic adhesives market, including detailed analyses of market trends, growth opportunities, and competitive strategies. The report provides valuable insights into industry developments and market forecasts, helping stakeholders make informed decisions.

I) Table of Contents:

Introduction
Market Dynamics
Segmentation Analysis
Regional Analysis
Competitive Landscape
Key Players and Their Strategies
Market Trends and Opportunities
Impact of COVID-19
Future Outlook and Forecast

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About Us:

Maximize Market Research is a leading global business consulting and market intelligence firm. We provide strategic insights and solutions to a diverse clientele, helping them achieve revenue growth and competitive advantage. With expertise across various sectors, including IT, chemicals, healthcare, and more, we deliver comprehensive research and consulting services tailored to industry needs.

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