Water-based Adhesive Market – Global Industry Analysis and Forecast (2023-2029)

Water-based Adhesive Market was valued at US$ 18.28 Bn. in 2022 and is expected to reach US$ 26.42 Bn. by 2029, at a CAGR of 5.4% during a forecast period. 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 water-based adhesive market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focus on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provide PEST analysis, PORTER’s analysis, SWOT analysis to address question of shareholders to prioritizing the efforts and investment in near future to emerging segment in water-based adhesive market. Water-based Adhesive MarketTo know about the Research Methodology :- Request Free Sample Report

Water-based Adhesive Market Dynamics

Water-based Adhesive also known as Water-borne Adhesive is generally made from soluble synthetic or natural polymers. Water-based adhesives are used to bond different substrates in several applications, such as paper and packaging, tapes and labels, woodworking, building and construction, and automotive and transportation. These adhesives are wet bonding, thus at least one substrate has to be water permeable to allow water to escape from the bond line. Owing to its flexibility and quick setting time, major customs of water-based adhesives are from the paper & packaging, building & construction, automotive and woodworking. Still, the fluctuating prices of raw materials might adversely affect the overall cost of production for water-based adhesive manufacturers. In construction sector, improved building standards are the demand drivers for adhesives. Adhesives have been achieving share at the expense of metal fasteners, owing in part to the light-weighting trend. Adhesives also has desired properties such as flexibility, ease of repair, and strength. The increasing presence of adhesives and sealants in the transportation industry is driven the segment by fuel efficiency standards. Regulations laid down in emerging regions for practice of low VOC adhesives in order to address the environmental challenges is expected to lift the demand for water-based adhesives.

Water-based Adhesive Market Segment Analysis

Based on resin type, the Acrylic polymer emulsion is anticipated to contribute major revenue share to the global market and is expected to maintain its dominance over the forecast period. Acrylic polymer Emulsion is produced by an emulsion polymerization process, as they are versatile in nature because of ester Resin type. They have superior properties such as low volatile emission compound (VOCs) emission rate and excellent durability which meets its suitable numerous applications in end use industries such as building & construction, paints & coatings, textiles, and others. In terms of application, the tapes & labels segment accounts for highest share in terms of revenue in the global market. Tapes & labels are usually used in the packaging of electronic and electrical devices, hygiene and medical packaging, packaging of drug delivery system, packaging of construction materials during transit. Therefore packaging adhesive tapes market propel the growth of the market during the forecast period. Furthermore, the consumer focus toward flexible packaging will expected for numerous opportunities in the growth of the water-based adhesives market, globally. Henceforth, with the growing demand from end-user industries, the market for water borne adhesives in the region is expected to grow at a high CAGR over the forecast period.

Water-based Adhesive Market Regional Insights

Globally, water-based adhesive market is prophesied to be dominated by Asia Pacific, owing to a scope for packaging, automotive, coating, and paints industries in developing countries such as India and China. Asia Pacific could set on crucial growth opportunities as these countries add significance to the international water-based adhesive market with scores of manufacturing facilities installed for a variety of end-user sectors. Europe water-based adhesive market demand, led by countries UK, Germany, Spain and France may witness stable growth owing to the increase in demand for construction, automobiles and military sectors. German construction industry is projected to rapid growth due to increasing state spending on the bridges and roads and increasing company investment in buildings. Growth in urban population and increasing number of immigrants has enhanced market growth.

Water-based Adhesive Market Scope: Inquire before buying

Global Water-based Adhesive Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 18.28 Bn.
Forecast Period 2023 to 2029 CAGR: 5.4% Market Size in 2029: US $ 26.42 Bn.
Segments Covered: by Resin Type Polyvinyl acetate emulsion Acrylic polymer emulsion Vinyl acetate ethylene emulsion Styrene butadiene latex Polyurethane dispersion Vinyl acetate acrylates Others.
by Application Tapes & Labels Paper & Packaging Woodworking Building & Construction Automotive & Transportation

Water-based Adhesive Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)

Water-based Adhesive Market, Key Players are

1. Henkel 2. H.B. Fuller 3. Arkema 4. Sika 5. The Dow Chemical 6. Bayer Material Science 7. Applied Adhesives 8. Jowat AG 9. Dow Corning 10. Evonik Industries AG 11. Illinois Tool Works Inc. 12. Franklin International, Inc. 13. Bostik 14. Ashland 15. MAPEI S.p.A. 16. 3M 17. Pidilite Industries Ltd. 18. Permabond LLC 19. DELO Industrial Adhesives 20. Akzo Nobel N.V. Frequently Asked Questions: 1. Which region has the largest share in Global Water-based Adhesive Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Water-based Adhesive Market? Ans: The Global Water-based Adhesive Market is growing at a CAGR of 5.4% during forecasting period 2023-2029. 3. What is scope of the Global Water-based Adhesive market report? Ans: Global Water-based Adhesive 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 Water-based Adhesive market? Ans: The important key players in the Global Water-based Adhesive Market are – Henkel, H.B. Fuller, Arkema, Sika, The Dow Chemical, Bayer Material Science, Applied Adhesives, Jowat AG, Dow Corning, Evonik Industries AG, Illinois Tool Works Inc., Franklin International, Inc., Bostik, Ashland, MAPEI S.p.A., 3M, Pidilite Industries Ltd., Permabond LLC, DELO Industrial Adhesives, and Akzo Nobel N.V. 5. What is the study period of this market? Ans: The Global Water-based Adhesive Market is studied from 2022 to 2029.
1. Water-based Adhesive Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Water-based Adhesive Market: Dynamics 2.1. Water-based Adhesive Market Trends by Region 2.1.1. North America Water-based Adhesive Market Trends 2.1.2. Europe Water-based Adhesive Market Trends 2.1.3. Asia Pacific Water-based Adhesive Market Trends 2.1.4. Middle East and Africa Water-based Adhesive Market Trends 2.1.5. South America Water-based Adhesive Market Trends 2.2. Water-based Adhesive Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Water-based Adhesive Market Drivers 2.2.1.2. North America Water-based Adhesive Market Restraints 2.2.1.3. North America Water-based Adhesive Market Opportunities 2.2.1.4. North America Water-based Adhesive Market Challenges 2.2.2. Europe 2.2.2.1. Europe Water-based Adhesive Market Drivers 2.2.2.2. Europe Water-based Adhesive Market Restraints 2.2.2.3. Europe Water-based Adhesive Market Opportunities 2.2.2.4. Europe Water-based Adhesive Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Water-based Adhesive Market Drivers 2.2.3.2. Asia Pacific Water-based Adhesive Market Restraints 2.2.3.3. Asia Pacific Water-based Adhesive Market Opportunities 2.2.3.4. Asia Pacific Water-based Adhesive Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Water-based Adhesive Market Drivers 2.2.4.2. Middle East and Africa Water-based Adhesive Market Restraints 2.2.4.3. Middle East and Africa Water-based Adhesive Market Opportunities 2.2.4.4. Middle East and Africa Water-based Adhesive Market Challenges 2.2.5. South America 2.2.5.1. South America Water-based Adhesive Market Drivers 2.2.5.2. South America Water-based Adhesive Market Restraints 2.2.5.3. South America Water-based Adhesive Market Opportunities 2.2.5.4. South America Water-based Adhesive Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Water-based Adhesive Industry 2.8. Analysis of Government Schemes and Initiatives For Water-based Adhesive Industry 2.9. Water-based Adhesive Market Trade Analysis 2.10. The Global Pandemic Impact on Water-based Adhesive Market 3. Water-based Adhesive Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 3.1.1. Polyvinyl acetate emulsion 3.1.2. Acrylic polymer emulsion 3.1.3. Vinyl acetate ethylene emulsion 3.1.4. Styrene butadiene latex 3.1.5. Polyurethane dispersion 3.1.6. Vinyl acetate acrylates 3.1.7. Others 3.2. Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 3.2.1. Tapes & Labels 3.2.2. Paper & Packaging 3.2.3. Woodworking 3.2.4. Building & Construction 3.2.5. Automotive & Transportation 3.3. Water-based Adhesive Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Water-based Adhesive Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 4.1.1. Polyvinyl acetate emulsion 4.1.2. Acrylic polymer emulsion 4.1.3. Vinyl acetate ethylene emulsion 4.1.4. Styrene butadiene latex 4.1.5. Polyurethane dispersion 4.1.6. Vinyl acetate acrylates 4.1.7. Others 4.2. North America Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 4.2.1. Tapes & Labels 4.2.2. Paper & Packaging 4.2.3. Woodworking 4.2.4. Building & Construction 4.2.5. Automotive & Transportation 4.3. North America Water-based Adhesive Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 4.3.1.1.1. Polyvinyl acetate emulsion 4.3.1.1.2. Acrylic polymer emulsion 4.3.1.1.3. Vinyl acetate ethylene emulsion 4.3.1.1.4. Styrene butadiene latex 4.3.1.1.5. Polyurethane dispersion 4.3.1.1.6. Vinyl acetate acrylates 4.3.1.1.7. Others 4.3.1.2. United States Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Tapes & Labels 4.3.1.2.2. Paper & Packaging 4.3.1.2.3. Woodworking 4.3.1.2.4. Building & Construction 4.3.1.2.5. Automotive & Transportation 4.3.2. Canada 4.3.2.1. Canada Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 4.3.2.1.1. Polyvinyl acetate emulsion 4.3.2.1.2. Acrylic polymer emulsion 4.3.2.1.3. Vinyl acetate ethylene emulsion 4.3.2.1.4. Styrene butadiene latex 4.3.2.1.5. Polyurethane dispersion 4.3.2.1.6. Vinyl acetate acrylates 4.3.2.1.7. Others 4.3.2.2. Canada Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Tapes & Labels 4.3.2.2.2. Paper & Packaging 4.3.2.2.3. Woodworking 4.3.2.2.4. Building & Construction 4.3.2.2.5. Automotive & Transportation 4.3.3. Mexico 4.3.3.1. Mexico Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 4.3.3.1.1. Polyvinyl acetate emulsion 4.3.3.1.2. Acrylic polymer emulsion 4.3.3.1.3. Vinyl acetate ethylene emulsion 4.3.3.1.4. Styrene butadiene latex 4.3.3.1.5. Polyurethane dispersion 4.3.3.1.6. Vinyl acetate acrylates 4.3.3.1.7. Others 4.3.3.2. Mexico Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Tapes & Labels 4.3.3.2.2. Paper & Packaging 4.3.3.2.3. Woodworking 4.3.3.2.4. Building & Construction 4.3.3.2.5. Automotive & Transportation 5. Europe Water-based Adhesive Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.2. Europe Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3. Europe Water-based Adhesive Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.1.2. United Kingdom Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.2.2. France Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.3.2. Germany Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.4.2. Italy Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.5.2. Spain Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.6.2. Sweden Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.7.2. Austria Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 5.3.8.2. Rest of Europe Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Water-based Adhesive Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.2. Asia Pacific Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Water-based Adhesive Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.1.2. China Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.2.2. S Korea Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.3.2. Japan Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.4.2. India Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.5.2. Australia Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.6.2. Indonesia Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.7.2. Malaysia Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.8.2. Vietnam Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.9.2. Taiwan Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Water-based Adhesive Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 7.2. Middle East and Africa Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Water-based Adhesive Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 7.3.1.2. South Africa Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 7.3.2.2. GCC Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 7.3.3.2. Nigeria Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 7.3.4.2. Rest of ME&A Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 8. South America Water-based Adhesive Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 8.2. South America Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 8.3. South America Water-based Adhesive Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 8.3.1.2. Brazil Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 8.3.2.2. Argentina Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Water-based Adhesive Market Size and Forecast, by Resin Type (2022-2029) 8.3.3.2. Rest Of South America Water-based Adhesive Market Size and Forecast, by Application (2022-2029) 9. Global Water-based Adhesive Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Water-based Adhesive Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Henkel 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. H.B. Fuller 10.3. Arkema 10.4. Sika 10.5. The Dow Chemical 10.6. Bayer Material Science 10.7. Applied Adhesives 10.8. Jowat AG 10.9. Dow Corning 10.10. Evonik Industries AG 10.11. Illinois Tool Works Inc. 10.12. Franklin International, Inc. 10.13. Bostik 10.14. Ashland 10.15. MAPEI S.p.A. 10.16. 3M 10.17. Pidilite Industries Ltd. 10.18. Permabond LLC 10.19. DELO Industrial Adhesives 10.20. Akzo Nobel N.V. 11. Key Findings 12. Industry Recommendations 13. Water-based Adhesive Market: Research Methodology 14. Terms and Glossary
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