Global Plastic Adhesives Market, 2014-2024: By Type (Solvent Based and Water-Based), and By Application (Automotive, Building & Construction, Electronics, Footwear, Healthcare, Packaging, and Others)
|塑膠黏劑的全球市場(2014年∼2024年):各類型，各用途 Global Plastic Adhesives Market, 2014-2024: By Type (Solvent Based and Water-Based), and By Application (Automotive, Building & Construction, Electronics, Footwear, Healthcare, Packaging, and Others)|
|出版日期: 2020年09月01日||內容資訊: 英文||
Plastic adhesives is special adhesives used to join the plastic components each other. These adhesives are solvent-free, so that no stress cracks occur at the at the contact surface edges. It offers high strength and load capacity. The other properties of plastic adhesives are strong, temperature resistant and transparent in nature. Use of adhesives has eliminated the demand for welded parts, rivets, and other mechanical parts in many equipment.
Plastic adhesives can be categories based on the nature into solvent based and water-based. These adhesives also can be sub classified based on material in to epoxy, polyurethane, ethylene vinyl acetate, acrylic, polyisobuylene, styrenic block, and silicone.
Plastic adhesives has wide range of end use industry application such as, automotive, building & construction, electronics, footwear, healthcare, packaging, and others. PP and PET based plastics adhesives are used in food & beverage packaging. PE (Polyethylene) adhesives is widely used in applications, such as films, plastic parts, tubes, laminates, and so on, in packaging, electrical, and other industries. Plastic adhesives have wide area of end user application such as construction, electronics, footwear, furniture, and so on. Most of the automotive industry adopting the plastic adhesives for joining purpose, which makes the vehicle light weight with safety and fuel efficient. The plastics adhesives extensive used in medical devices like ventilators, pulse oximeter, oxygen concentrator/generator, syringe pumps, and many other devices.
The global plastic adhesives research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global plastic adhesives market is growing at a fast pace and increasing its geographical footprint rapidly. The global plastic adhesives market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.
The growth is comparatively higher in APAC region due to growth of end-use industries. The major growth driver for plastic adhesives market is rising manufacturing and sales of automotive industry. The extensive use in medical devices due to COVID-19 pandemic and rising demand for food packing due to expansion of food industry is expected drive the growth of plastics adhesives market globally.
Environmental challenges and stringent government regulations are the major impediments to the expansion of global plastic adhesives market.
Plastic adhesives enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and South America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of plastic adhesives market globally. The companies that lead global market are, 3M, Arkema, BASF, BUHNEN, DuPont, H.B. Fuller, Henkel, Huntsman, Hexion, LORD Corporation, Sika, Adhesive Research, Mapei Spa, Pidilite Industries, Permabond, and Panacol Elosol.
The research process includes the market segmentation of the global aerospace adhesive market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global aerospace adhesive market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below: