Asia-Pacific Waterborne Adhesives Market Size (2024 - 2029)

The Asia-Pacific waterborne adhesives market is anticipated to experience significant expansion, driven primarily by the increasing demand from the building and construction sector. Despite challenges such as limited moisture and water resistance, the market is poised for growth, particularly due to advancements in the food packaging and safety industries. China holds the largest market share and is expected to maintain its leading position. The packaging industry is projected to exhibit the highest growth rate among various application areas during the forecast period.

Market Size of Asia-Pacific Waterborne Adhesives Industry

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

rd-img

*Disclaimer: Major Players sorted in no particular order

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 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
Need A Different Region Or Segment?
Customize Now

Asia-Pacific Waterborne Adhesives Market Size Summary

The Asia-Pacific waterborne adhesives market is poised for significant growth, driven primarily by the increasing demand from the building and construction sector. Despite challenges such as limited resistance to moisture and water, the market is expected to benefit from advancements in the food packaging and safety industry, which presents substantial growth opportunities. China holds the largest market share and is anticipated to maintain its dominance due to rapid urbanization and population growth, which have spurred infrastructure and construction activities. The packaging industry, in particular, is projected to experience the highest growth rate, as waterborne adhesives are favored for their cost-effectiveness, non-reactivity, and quick hardening properties, making them a technologically advanced and eco-friendly choice.

The market landscape in the Asia-Pacific region is moderately consolidated, with a few key players such as 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG holding significant shares. The packaging industry is rapidly expanding its use of waterborne adhesives, driven by their safety and non-reactive nature compared to other adhesive types. This trend is seen as a step towards more sustainable manufacturing practices. China's dominance in the market is further supported by the high demand from both the packaging and building & construction industries, reinforcing its position as a leader in the region's waterborne adhesives market during the forecast period.

Explore More

Asia-Pacific Waterborne Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Growth in Building & Construction Industries

      2. 1.1.2 Availability of Raw Materials and Low Production Cost

    2. 1.2 Restraints

      1. 1.2.1 Limited Resistance to Moisture and Water

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value-chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin Type

      1. 2.1.1 Acrylics

      2. 2.1.2 Polyvinyl Acetate (PVA) Emulsion

      3. 2.1.3 Ethylene Vinyl Acetate (EVA) Emulsion

      4. 2.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex

      5. 2.1.5 Other Resin Types

    2. 2.2 End-user Industry

      1. 2.2.1 Building & Construction

      2. 2.2.2 Paper, Board, and Packaging

      3. 2.2.3 Woodworking & Joinery

      4. 2.2.4 Transportation

      5. 2.2.5 Healthcare

      6. 2.2.6 Electrical & Electronics

      7. 2.2.7 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 China

      2. 2.3.2 India

      3. 2.3.3 Japan

      4. 2.3.4 South Korea

      5. 2.3.5 ASEAN Countries

      6. 2.3.6 Rest of Asia-Pacific

Asia-Pacific Waterborne Adhesives Market Size 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.

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