Market Share of Adhesive Equipment Industry
The competitve landscape of the adhesive equipment market ismoderately fragmented owing to the presence of several equipment providers across the globe. The market players are viewing strategic collaborations and product developments as a lucrative path towards enahcing their market presence.
- March 2020 - Henkel AG & Co. KGaA and Covestro AG collabotrated to develop a solution enabling the efficient fixation of cylindrical lithium-ion battery (LIB) cells inside a plastic cell holder. The solution is based on a UV-curing adhesive from Henkel and a UV-transparent polycarbonate blend from Covestro.
- June 2019 - BASF doubled its manufacturing capacity for UV acrylic hotmelts sold under the brand name acResin as they built a second production facility at the Ludwigshafen site in Germany. This will its strengthen its position as one of the leading solution providers for sophisticated applications in the adhesives sector.
Adhesive Equipment Market Leaders
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3M Company
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Adhesive Packaging, LLC
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Atlas Copco Ltd.
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Dymax Corporation
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Glue Machinery Corporation
*Disclaimer: Major Players sorted in no particular order