Published on: July 30, 2024
The adhesive market size is estimated to grow at a CAGR of 4.5% between 2022 and 2027. The increasing demand for adhesives in the medical industry, driven by the need for advanced medical devices and equipment, is creating new opportunities for adhesive manufacturers. The rising demand for adhesives in the packaging industry, fueled by the growth of e-commerce and the need for sustainable packaging solutions, is also driving market growth.
The adhesive market is made up of a wide range of products used across industries such as packaging, automotive, construction, and healthcare. These adhesives play a crucial role in bonding materials like metal, aluminum, paper, and various substrates in manufacturing and assembly processes.
Trends in the adhesive market include the growing adoption of bio-based products and hot melt technology, particularly in packaging and industrial applications. There is also a trend towards the development of sustainable packaging solutions and adhesive products to meet environmental regulations and consumer demands.
Adhesives play a critical role in providing structural integrity, durability, and performance in various applications, driving market growth. Challenges facing the adhesive market include ensuring product quality, meeting industry standards and regulatory compliance, and minimizing environmental impact. Additionally, fluctuations in raw material prices and the need for cost analysis pose challenges to market players.
Explore Technavio’s Reports on the Adhesives Market
Technavio’s market research on this industry provides a detailed analysis of the market landscape, providing data on product types, regional markets, sales channels, and more.
Our adhesives market segmentation covers topics such as:
APAC is projected to account for 47% of the global market’s growth by 2027. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market. One of the main factors that is significantly contributing to the growth of the global adhesives market in APAC is the increasing demand for adhesives in industries such as construction, packaging, and transportation. There are many infrastructural developments across APAC countries, that are positively impacting the market growth.
Technavio's adhesives industry reports monitor the leading players in the global market along with their current and forecasted market share. Our analysis covers regional and global companies. Some of the top companies covered in our adhesives market reports include:
In order to provide you with a comprehensive view of the adhesives industry, our experts analyze the market from many different perspectives. Our reports help identify opportunities, risks, key competitors, and more, helping you make timely, informed decisions to optimize your position in the market.
Technavio reports insights include:
Develop a deeper understanding of the adhesives market with Technavio’s comprehensive market research reports. We provide the latest information on key industry dynamics, including global and regional market forecasts, internal and external pressure points, the vendor landscape, and more.
Our in-depth knowledge of the adhesives market is built on decades of experience and a global network of industry experts. We know the importance of having a strong foundation on which to base important decisions, and with over 500 analysts located around the world, we deliver actionable insights for every segment of the market.
Technavio’s market research reports provide an analysis of current trends and how they are affecting the market. We also identify market drivers and challenges to help you discover opportunities and avoid pitfalls.
Every Technavio report includes detailed segmentation insights, breaking down the market in terms of product type, geography, sales channels, and more. And if you’re looking for something a little more specific, our Custom Research Solutions can tailor any report to meet your unique needs.
We provide detailed profiles on the biggest competitors in the market, including data such as business divisions, product offerings, and news. Our reports also include an overview of the competitive landscape as a whole, including the risks and opportunities that it presents.
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