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Asia-Pacific Waterborne Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The market is segmented by Type (Acrylics, Polyvinyl Acetate Emulsion, Ethylene Vinyl Acetate Emulsion, Polyurethane Dispersions and CR Latex, and Other Types), End-user Industry (Building & Construction, Paper, Board, and Packaging, Woodworking & Joinery, Transportation, Healthcare, Electrical & Electronics, and Other End-user Industries), and Geography (China, India, Japan, South Korea, ASEAN Countries, and Rest of Asia-Pacific).

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APAC Waterborne Adhesives Market Size

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Asia-Pacific Waterborne Adhesives Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR > 7.00 %
Market Concentration High

Major Players

Asia-Pacific Waterborne Adhesives Market

*Disclaimer: Major Players sorted in no particular order
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APAC Waterborne Adhesives Market Analysis

The Asia-Pacific waterborne adhesives market is expected to grow at with a CAGR greater than 7% during the forecast period. One of the major factors driving the market growth is the growing demand from building & construction industry. However, limited resistance of waterborne adhesives to moisture and water is hindering the growth of the market studied.

  • Advancements in food packaging and safety industry is expected to provide a major growth opportunity for the market studied.
  • China accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
  • Among the application areas, packaging industry is expected to witness the highest growth rate during the forecast period.

APAC Waterborne Adhesives Market Trends

This section covers the major market trends shaping the APAC Waterborne Adhesives Market according to our research experts:

Packaging Industry is likely to Witness the Highest Growth Rate

  • Packaging is a rapidly growing industry with respect to waterborne adhesives as they are nonreactive and safer as compared to other types of adhesives. 
  • Waterborne adhesives are cost-effective, non-reactive, and quick hardening as compared to previous adhesive technology.
  • Thus, the use of waterborne adhesives in packaging materials is seen as a technologically upward trend in the Asia-Pacific region.  
  • Also the use of waterborne adhesives is seen as an eco-friendly step among the manufacturers.
  • Hence, owing to the above-mentioned reasons, packaging industry is likely to witness the highest growth rate during the forecast period.
Asia-Pacific Waterborne Adhesives Market

China to Dominate the Market Studied

  • China accounts for the major market share for the Asia-Pacific waterborne adhesives market owing to the high demand from packaging and building & construction industries.
  • Rapid urbanisation and population growth of the country has propelled infrastructure and construction activities in this region, which, in turn, has boosted the demand fro waterborne adhesives in the country.
  • Additionally, the growing demand from the packaging industry is also driving the demand for waterborne adhesives in the country.
  • Hence, owing to the above-mentioned reasons, China is expected to dominate the market studied during the forecast period.
Asia-Pacific Waterborne Adhesives Market - Regional Trends

APAC Waterborne Adhesives Industry Overview

The Asia-Pacific waterborne adhesives market is moderately consolidated as the market of the market share is divided among a few players. Some of the key players in the market include 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG, among others.

APAC Waterborne Adhesives Market Leaders

  1. 3M

  2. Arkema Group

  3. Dow

  4. Henkel AG & Co. KGaA

  5. Sika AG

*Disclaimer: Major Players sorted in no particular order

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APAC Waterborne Adhesives Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growth in Building & Construction Industries

      2. 4.1.2 Availability of Raw Materials and Low Production Cost

    2. 4.2 Restraints

      1. 4.2.1 Limited Resistance to Moisture and Water

      2. 4.2.2 Other Restraints

    3. 4.3 Industry Value-chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

  5. 5. MARKET SEGMENTATION

    1. 5.1 Resin Type

      1. 5.1.1 Acrylics

      2. 5.1.2 Polyvinyl Acetate (PVA) Emulsion

      3. 5.1.3 Ethylene Vinyl Acetate (EVA) Emulsion

      4. 5.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex

      5. 5.1.5 Other Resin Types

    2. 5.2 End-user Industry

      1. 5.2.1 Building & Construction

      2. 5.2.2 Paper, Board, and Packaging

      3. 5.2.3 Woodworking & Joinery

      4. 5.2.4 Transportation

      5. 5.2.5 Healthcare

      6. 5.2.6 Electrical & Electronics

      7. 5.2.7 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 China

      2. 5.3.2 India

      3. 5.3.3 Japan

      4. 5.3.4 South Korea

      5. 5.3.5 ASEAN Countries

      6. 5.3.6 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share/Ranking Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Arkema Group

      3. 6.4.3 Ashland

      4. 6.4.4 Dow

      5. 6.4.5 Henkel AG & Co. KGaA

      6. 6.4.6 Huntsman International LLC.

      7. 6.4.7 Paramelt RMC B.V.

      8. 6.4.8 Pidilite Industries Ltd.

      9. 6.4.9 Sika AG

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Advancements in Food Packaging and Safety Industry

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APAC Waterborne Adhesives Industry Segmentation

The Asia-Pacific Waterborne adhesives market report includes: 

Resin Type
Acrylics
Polyvinyl Acetate (PVA) Emulsion
Ethylene Vinyl Acetate (EVA) Emulsion
Polyurethane Dispersions and CR (Chloroprene Rubber) Latex
Other Resin Types
End-user Industry
Building & Construction
Paper, Board, and Packaging
Woodworking & Joinery
Transportation
Healthcare
Electrical & Electronics
Other End-user Industries
Geography
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
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APAC Waterborne Adhesives Market Research FAQs

The Asia-Pacific Waterborne Adhesives Market is projected to register a CAGR of greater than 7% during the forecast period (2024-2029)

3M , Arkema Group , Dow, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the Asia-Pacific Waterborne Adhesives Market.

The report covers the Asia-Pacific Waterborne Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Waterborne Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Asia-Pacific Waterborne Adhesives Industry Report

Statistics for the 2024 Asia-Pacific Waterborne Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Waterborne Adhesives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Asia-Pacific Waterborne Adhesives Report Snapshots

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Asia-Pacific Waterborne Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)