Emulsion Adhesives Market Size by Resin Type, Application, Region – Revenue Pool Analysis, Margin Structure Assessment, Capital Flow Trends, Competitive Benchmarking & Forecast to 2032
Overview
The Emulsion Adhesives Market size was valued at USD 17.28 Billion in 2024 and the total Emulsion Adhesives revenue is expected to grow at a CAGR of 5.91% from 2024 to 2032, reaching nearly USD 27.36 Billion.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Emulsion Adhesives market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to emerging segments in the Emulsion Adhesives market.
To know about the Research Methodology:-Request Free Sample Report
Emulsion adhesives are polymer adhesives suspended in water. They are made by emulsification and polymerization of acetic vinyl, ethylene-vinyl acetate (EVA), acrylic resins, and styrene-butadiene latex. Emulsion adhesives are non-toxic, in the absence of organic solvents. This makes them safer, emulsion adhesives are usually produced without using organic solvents, and they are compatible with numerous application methods ranging from brush coating to machine coating. Emulsion adhesives offer better adhesive properties compared to aqueous.
Furthermore, these are available at a lower cost than other adhesives. Emulsion adhesives are used in numerous applications that include woodworking, packaging, decorated plywood, furniture, paper working, composite members, and panels.
The ability of acrylic to rapidly dry the paints and provide good strength, quality, and adhesion has been the key factors to drive the consumption of acrylic in the paints & coatings industry. Nevertheless, emulsion adhesives have poor resistance to humidity and water, low adhesion to the substrate, and inferior transparency. However, the demand for emulsion adhesives is at a rapid pace, due to low-cost and safe operation. The demand is rising in APAC, due to the growth of the packaging industry in the region.
Based on resin type, the acrylic polymer emulsion segment is expected to be the largest and the fastest-growing resin type segment of the emulsion adhesives market in the forecasted period. Acrylic-based emulsion adhesives are formulated from acrylic polymers. These polymers are more expensive than rubber–based emulsion adhesives. Nevertheless, they are resistant to high heat and oxidation and are less prone to developing sticky edges, unlike rubber-based adhesives. The growth of the acrylic polymer emulsion segment is reported due to its properties, such as transparency, resistance to breakage, and elasticity.
In terms of application, the tapes & labels segment is estimated to be the largest application segment of the emulsion adhesives market and also is likely to be dominant throughout the forecast period. These tapes are moreover used for the packaging of construction materials during transit and packaging related to the automotive and logistics industry. Currently, the emulsion adhesives market is dominated by the packaging segment globally, which is expected to continue its dominance during the forecast period. The segment is expected to register a substantial growth rate between 2024 and 2032.
Geographically, the Asia-Pacific emulsion polymers market dominates the market segment due to growing construction activities coupled with developing tapes & labels, and the paints & coatings industry. China and India been emerging nations have flourished the demand for paints & coatings along with an increase in demand for adhesives will drive the emulsion polymers market demand for acrylics as well. Europe and North America will show stable growth in the emulsion polymers market. Economic decline in the U.S market post-recession has hindered the market growth of emulsion polymers in paints & coatings especially in the construction and automotive industry.
Emulsion Adhesives Market Scope: Inquire before buying
| Global Emulsion Adhesives Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2024 | Forecast Period: | 2025-2032 |
| Historical Data: | 2019 to 2024 | Market Size in 2024: | USD 17.28 Bn. |
| Forecast Period 2025 to 2032 CAGR: | 5.91% | Market Size in 2032: | USD 27.36 Bn. |
| Segments Covered: | by Resin Type | Acrylic Polymer PVA (Polyvinyl Acetate) VAE (Vinyl Acetate Ethylene) Lattices Polyurethane Dispersion Others |
|
| by Application | Packaging Woodworking Tapes & Labels Construction Automotive & Transportation Others |
||
Emulsion Adhesives Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Emulsion Adhesives Market, Key Players
1. Celanese Corporation
2. BASF SE
3. The Dow Chemical Company
4. Arkema Co.
5. Koninklijke DSM N.V.
6. DIC Corporation
7. Trinsea Co.
8. Wacker Chemie AG
9. OBnova Solutions Inc.
10.Nuplex Industries Ltd
Frequently Asked Questions:
1. Which region has the largest share in Global Emulsion Adhesives Market?
Ans: Asia-Pacific region held the highest share in 2024.
2. What was the Global Emulsion Adhesives Market size in 2024?
Ans: The Global Emulsion Adhesives Market size was USD 17.28 Billion in 2024.
3. What is scope of the Global Emulsion Adhesives market report?
Ans: Global Emulsion Adhesives Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Emulsion Adhesives market?
Ans: The important key players in the Global Emulsion Adhesives Market are – Celanese Corporation, BASF SE, The Dow Chemical Company, Arkema Co., Koninklijke DSM N.V., DIC Corporation, Trinsea Co., Wacker Chemie AG, OBnova Solutions Inc., and Nuplex Industries Ltd.
5. What is the study period of this market?
Ans: The Global Emulsion Adhesives Market is studied from 2024 to 2032.