Solvent-borne Adhesives Market - Growth, Trends, and Forecast (2019 - 2024)

The Market is Segmented by Resin Type, End-user Industry, and Geography

Market Snapshot

Market Summary - Solvent Borne Adhesives Market
Study Period:

2016-2024

Base Year:

2018

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

Key Players:

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Market Overview

The market for solvent-borne adhesives is expected to witness a CAGR of more than 5% during the forecast period, 2019-2024. One of the major factors driving the market studied is the increasing demand from the automotive and footwear industry in Asia-Pacific countries. Stringent environmental regulations regarding VOC emissions is expected to hinder the growth of the market studied.

  • Building and construction sector dominated the market in 2018 and is expected to grow during the forecast period.
  • Recovering European construction sector is likely to act as an opportunity in the future.
  • Asia-Pacific dominated the market across the world with the largest consumption from countries, such as China and India.

Scope of the Report

The solvent-borne adhesives market report includes:

Resin Type
Chloroprene Rubber
Poly Acrylate (PA)
SBC Resin Adhesives
Other Resin Types
End-user Industry
Building and Construction
Paper, Board, and Packaging
Woodworking and Joinery
Transportation
Footwear
Electrical and Electronics
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand for Chloroprene Rubber

  • Contact adhesives, based on chloroprene, have several performance advantages over substitute adhesive systems in a wide variety of related applications, where quick, permanent, and high-strength bonds are desired.
  • About one-third of chloroprene produced is used as a raw material for adhesives. Excellent adhesive properties and formulating characteristics at competitive prices against other adhesive technologies have contributed to the dominance of chloroprene solvent-borne adhesives in various segments.
  • A substantial advantage of chloroprene contact adhesives is their auto adhesion, which results in an instantaneous bond. It can also be formulated to provide a long exposure time before the adhesive coated substrates are combined.
  • The US shoe industry was the first major industry to adopt chloroprene contact adhesives on a large scale. Although this market has witnessed a decline over the past 20 years, the global shoe industry is still the major consumer of chloroprene adhesives, especially in Asia-Pacific.
  • Due to environmental, health, and safety concerns, chloroprene adhesive compositions are being preferred over their organic counterparts. Emerging economies, such as China and India, are expected to dominate the chloroprene contact adhesive segment of the market studied, over the forecast period.
Segmentation - Solvent Borne Adhesives Market

To understand key trends, Download Sample Report

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific holds the maximum share and is expected to retain its share during the forecasted period, because of the growing transportation and footwear industry in countries, like China, India, and ASEAN economies.
  • The willingness of various national governments of emerging countries in the region to stimulate domestic activity amid trade tensions and the resurgence of investment are reassuring signals for domestic demand.
  • The GDP of the Chinese and the Indian economy, both, are expected to grow more than 6%, during the forecast period.
  • All such aforementioned factors are expected to drive the market in the region, during the study period.
Regional - Solvent Borne Adhesives Market

To understand geography trends, Download Sample Report

Competitive Landscape

The global solvent-borne adhesives market is partly consolidated with the top five players accounting for a major chunk of the market. Major recognized players include Sika AG, Arkema Group, H.B. Fuller Co., Henkel AG & Co. KGaA, and Jowat AG among others.

Major Players

  1. Sika AG
  2. Arkema Group
  3. H.B. Fuller Co.
  4. Henkel AG & Co. KGaA
  5. Jowat AG

* Complete list of players covered available in the table of contents below

Market Concentration - Solvent Borne Adhesives Market

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Increasing Demand from Automotive and Footwear Industries in Asia-Pacific countries

      2. 4.1.2 Other Drivers

    2. 4.2 Restraints

      1. 4.2.1 Stringent Environmental Regulations Regarding VOC Emissions

    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 Chloroprene Rubber

      2. 5.1.2 Poly Acrylate (PA)

      3. 5.1.3 SBC Resin Adhesives

      4. 5.1.4 Other Resin Types

    2. 5.2 End-user Industry

      1. 5.2.1 Building and Construction

      2. 5.2.2 Paper, Board, and Packaging

      3. 5.2.3 Woodworking and Joinery

      4. 5.2.4 Transportation

      5. 5.2.5 Footwear

      6. 5.2.6 Electrical and Electronics

      7. 5.2.7 Other End-user Industries

    3. 5.3 Geography

      1. 5.3.1 Asia-Pacific

        1. 5.3.1.1 China

        2. 5.3.1.2 India

        3. 5.3.1.3 Japan

        4. 5.3.1.4 South Korea

        5. 5.3.1.5 Rest of Asia-Pacific

      2. 5.3.2 North America

        1. 5.3.2.1 United States

        2. 5.3.2.2 Canada

        3. 5.3.2.3 Mexico

      3. 5.3.3 Europe

        1. 5.3.3.1 Germany

        2. 5.3.3.2 United Kingdom

        3. 5.3.3.3 Italy

        4. 5.3.3.4 France

        5. 5.3.3.5 Rest of Europe

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 Saudi Arabia

        2. 5.3.5.2 South Africa

        3. 5.3.5.3 Rest of Middle East & Africa

  6. 6. COMPETITIVE LANDSCAPE

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

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 3M

      2. 6.4.2 Alfa International Corporation

      3. 6.4.3 Arkema Group (Bostik SA)

      4. 6.4.4 Ashland Inc.

      5. 6.4.5 Avery Dennison Corp.

      6. 6.4.6 Benson Polymers Ltd

      7. 6.4.7 Everad Adhesives SAS

      8. 6.4.8 DowDuPont

      9. 6.4.9 H.B. Fuller Company

      10. 6.4.10 Henkel AG & Co. KGaA

      11. 6.4.11 Huntsman Corp.

      12. 6.4.12 Jowat AG

      13. 6.4.13 LORD Corp.

      14. 6.4.14 Sika AG

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

    1. 7.1 Recovering European Construction Sector

**Subject to Availability

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please Enter a Valid Message!


Complete your payment details below

Shipping & Billing Information

Payment Information