North America Waterborne Adhesives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 6.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
North America Waterborne Adhesives Market Analysis
The North America waterborne adhesives market is expected to grow at with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the increasing investments in the infrastructure & construction . However, Limited Resistance to Moisture and Water is likely to hinder the growth of the market studied.
- Growing advancements in food packaging and safety industry is expected to provide a major growth opportunity for the market studied.
- United States accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, building & construction is expected to dominate the market during the forecast period.
North America Waterborne Adhesives Market Trends
This section covers the major market trends shaping the North America Waterborne Adhesives Market according to our research experts:
Construction Industry to Dominate the Market
- In the construction sector, adhesives are used in concrete, ceramic tiles, carpet laying, flooring underlayment, drywall lamination, joint cement, manufactured housing, pre-finished panels, resilient flooring, roofing, and wall covering.
- Various types of adhesives are used depending on the purposes they serve. The growth in green building construction, coupled with the rising concern about the quality of construction, is accelerating the demand for water-borneadhesives.
- Water-borne adhesives are produced from either soluble synthetic polymers or natural polymers. Water-borne adhesives use water as a carrier or diluting medium to disperse a resin.
- Water-borne adhesives are increasingly becoming an integral part of construction chemicals, owing to their eco-friendly and low-toxic nature, high solid content, and high initial adhesion properties.
- Hence, owing to the above-mentioned reasons, the building & construction industry is likely to dominate the market studied
United States to Dominate the Market
- United States accounts for the largest market by volume for waterborne adhesives market in North America currently.
- Rise in the construction of green buildings in the country is driving the demand for waterborne adhesives in the country.
- United States also observes the highest adoption rate for waterborne adhesives in various industries, like construction, footwear, woodwork, aerospace, transportation, and medical among other.
- Hence, owing to the above-mentioned reasons, United States is likely to dominate the market studied during the forecast period.
North America Waterborne Adhesives Industry Overview
The North America 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, amongst others.
North America Waterborne Adhesives Market Leaders
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3M
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Arkema Group
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Dow
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Henkel AG & Co. KGaA
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Sika AG
*Disclaimer: Major Players sorted in no particular order
North America Waterborne Adhesives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Increasing investments in Infrastructure & Construction Industry
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4.1.2 Favourable Govermnent Policies for Adhesives Industry
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4.1.3 Other Drivers
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4.2 Restraints
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4.2.1 Limited Resistance to Moisture and Water
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4.2.2 Other Restraints
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4.3 Industry Value-chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION
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5.1 Resin Type
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5.1.1 Acrylics
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5.1.2 Polyvinyl Acetate (PVA) Emulsion
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5.1.3 Ethylene Vinyl Acetate (EVA) Emulsion
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5.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex
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5.1.5 Other Resin Types
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5.2 End-user Industry
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5.2.1 Building & Construction
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5.2.2 Paper, Board, and Packaging
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5.2.3 Woodworking & Joinery
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5.2.4 Transportation
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5.2.5 Healthcare
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5.2.6 Electrical & Electronics
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5.2.7 Other End-user Industries
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5.3 Geography
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5.3.1 United States
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5.3.2 Canada
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5.3.3 Mexico
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Share/Ranking Analysis**
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 3M
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6.4.2 Arkema Group
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6.4.3 Dow
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6.4.4 Henkel AG & Co. KGaA
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6.4.5 Sika AG
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6.4.6 Ashland.
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6.4.7 Pidilite Industries Ltd.
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6.4.8 Franklin Adhesives & Polymers.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Advancements in Food Packaging and Safety Industry
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North America Waterborne Adhesives Industry Segmentation
The North America 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 | |
United States | |
Canada | |
Mexico |
North America Waterborne Adhesives Market Research FAQs
What is the current North America Waterborne Adhesives Market size?
The North America Waterborne Adhesives Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in North America Waterborne Adhesives Market?
3M, Arkema Group , Dow, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the North America Waterborne Adhesives Market.
What years does this North America Waterborne Adhesives Market cover?
The report covers the North America Waterborne Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Waterborne Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Waterborne Adhesives Industry Report
Statistics for the 2024 North America Waterborne Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America 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.