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Plastic Adhesive Trends and Forecast
The future of the global plastic adhesive market looks promising with opportunities in the automotive, building & construction, electrical & electronics, healthcare, packaging, and footwear markets. The global plastic adhesive market is expected to reach an estimated $12.0 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing preference for eco-friendly and sustainable adhesive solution and significant application of this adhesive in medical and electronics sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Plastic Adhesive by Segment
The study includes a forecast for the global plastic adhesive by resin type, substrate, technology, end use, and region.
Plastic Adhesive Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:
• Epoxy
• Acrylic
• Silicon
• Polyurethane
• Cyanoacrylate
• Others
Plastic Adhesive Market by Substrate [Shipment Analysis by Value from 2018 to 2030]:
• Polyethylene
• Polypropylene
• Fluoropolymer
• Acetal
• Thermoplastic Vulcanizates
• Others
Plastic Adhesive Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Solvent Based
• Water Based
Plastic Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Building & Construction
• Electrical & Electronics
• Healthcare
• Packaging
• Footwear
• Others
Plastic Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Plastic Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic adhesive companies profiled in this report include-
• Henkel
• H.B. Fuller
• Arkema
• 3M
• Sika
Plastic Adhesive Market Insights
Lucintel forecasts that polyurethane will remain the largest segment over the forecast period due to its extensive use in a variety of applications, such as large-area sheet bonding for metals and composites, structural bonding and windshield sealing for automobiles, and industrial and residential settings.
Within this market, packaging will remain the largest segment due to growing demand for plastic adhesives in flexible packaging.
APAC will remain the largest region over the forecast period due to significant demand for plastic adhesive from various end use industries, such as packaging, automotive, building & construction, healthcare, and electronics in the region.
Features of the Global Plastic Adhesive Market
Market Size Estimates: Plastic adhesive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Plastic adhesive market size by various segments, such as by resin type, substrate, technology, end use, and region in terms of value ($B).
Regional Analysis: Plastic adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different resin types, substrates, technologies, end uses, and regions for the plastic adhesive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic adhesive market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the plastic adhesive market size?
Answer: The global plastic adhesive market is expected to reach an estimated $12.0 billion by 2030.
Q2. What is the growth forecast for plastic adhesive market?
Answer: The global plastic adhesive market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the plastic adhesive market?
Answer: The major drivers for this market are increasing preference for eco-friendly and sustainable adhesive solution and significant application of this adhesive in medical and electronics sector.
Q4. What are the major segments for plastic adhesive market?
Answer: The future of the plastic adhesive market looks promising with opportunities in the automotive, building & construction, electrical & electronics, healthcare, packaging, and footwear markets.
Q5. Who are the key plastic adhesive market companies?
Answer: Some of the key plastic adhesive companies are as follows:
• Henkel
• H.B. Fuller
• Arkema
• 3M
• Sika
Q6. Which plastic adhesive market segment will be the largest in future?
Answer: Lucintel forecasts that polyurethane will remain the largest segment over the forecast period due to its extensive use in a variety of applications, such as large-area sheet bonding for metals and composites, structural bonding and windshield sealing for automobiles, and industrial and residential settings.
Q7. In plastic adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to significant demand for plastic adhesive from various end use industries, such as packaging, automotive, building & construction, healthcare, and electronics in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the plastic adhesive market by resin type (epoxy, acrylic, silicon, polyurethane, cyanoacrylate, and others), substrate (polyethylene, polypropylene, fluoropolymer, acetal, thermoplastic vulcanizates, and others), technology (solvent based and water based), end use (automotive, building & construction, electrical & electronics, healthcare, packaging, footwear, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Plastic Adhesive Market, Plastic Adhesive Market Size, Plastic Adhesive Market Growth, Plastic Adhesive Market Analysis, Plastic Adhesive Market Report, Plastic Adhesive Market Share, Plastic Adhesive Market Trends, Plastic Adhesive Market Forecast, Plastic Adhesive Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Plastic Adhesive Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Plastic Adhesive Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Plastic Adhesive Market by Resin Type
3.3.1: Epoxy
3.3.2: Acrylic
3.3.3: Silicon
3.3.4: Polyurethane
3.3.5: Cyanoacrylate
3.3.6: Others
3.4: Global Plastic Adhesive Market by Substrate
3.4.1: Polyethylene
3.4.2: Polypropylene
3.4.3: Fluoropolymer
3.4.4: Acetal
3.4.5: Thermoplastic vulcanizates
3.4.6: Others
3.5: Global Plastic Adhesive Market by Technology
3.5.1: Solvent Based
3.5.2: Water Based
3.6: Global Plastic Adhesive Market by End Use
3.6.1: Automotive
3.6.2: Building & Construction
3.6.3: Electrical & Electronics
3.6.4: Healthcare
3.6.5: Packaging
3.6.6: Footwear
3.6.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Plastic Adhesive Market by Region
4.2: North American Plastic Adhesive Market
4.2.2: North American Plastic Adhesive Market by End Use: Automotive, Building & Construction, Electrical & Electronics, Healthcare, Packaging, Footwear, and Others
4.3: European Plastic Adhesive Market
4.3.1: European Plastic Adhesive Market by Resin Type: Epoxy, Acrylic, Silicon, Polyurethane, Cyanoacrylate, and Others
4.3.2: European Plastic Adhesive Market by End Use: Automotive, Building & Construction, Electrical & Electronics, Healthcare, Packaging, Footwear, and Others
4.4: APAC Plastic Adhesive Market
4.4.1: APAC Plastic Adhesive Market by Resin Type: Epoxy, Acrylic, Silicon, Polyurethane, Cyanoacrylate, and Others
4.4.2: APAC Plastic Adhesive Market by End Use: Automotive, Building & Construction, Electrical & Electronics, Healthcare, Packaging, Footwear, and Others
4.5: ROW Plastic Adhesive Market
4.5.1: ROW Plastic Adhesive Market by Resin Type: Epoxy, Acrylic, Silicon, Polyurethane, Cyanoacrylate, and Others
4.5.2: ROW Plastic Adhesive Market by End Use: Automotive, Building & Construction, Electrical & Electronics, Healthcare, Packaging, Footwear, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Plastic Adhesive Market by Resin Type
6.1.2: Growth Opportunities for the Global Plastic Adhesive Market by Substrate
6.1.3: Growth Opportunities for the Global Plastic Adhesive Market by Technology
6.1.4: Growth Opportunities for the Global Plastic Adhesive Market by End Use
6.1.5: Growth Opportunities for the Global Plastic Adhesive Market by Region
6.2: Emerging Trends in the Global Plastic Adhesive Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Plastic Adhesive Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Plastic Adhesive Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Henkel
7.2: H.B. Fuller
7.3: Arkema
7.4: 3M
7.5: Sika
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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