Water-based adhesive market projected to reach over USD 33.71 Billion by 2029, 7% CAGR growth.
From GlobeNewswire: 2024-07-08 09:49:00
Exactitude Consultancy, a market research and consulting firm, has released a new report on the Water-Based Adhesive Market. The report offers valuable insights for business strategists, including an industry overview, growth analysis, and historical and future cost and revenue data. The market is expected to grow at a CAGR of 7% from 2021 to 2029, reaching over USD 33.71 Billion by 2029. Leading companies in the market include 3M, Henkel, and H.B. Fuller. The research report also examines the impact of the COVID-19 pandemic on the industry.
Water-based adhesives are composed of water, polymers, and additives, available in powder or liquid form. These adhesives work on porous and non-porous surfaces, activated by water absorption or evaporation. Both natural and synthetic polymers can be used, with water as the main carrier fluid. Leading companies in the market have introduced new sustainable adhesive solutions, driving growth in the industry.
The Water-Based Adhesive Market is segmented by type, including vinyl acetate adhesives, starch/dextrin adhesives, rubber latex adhesives, and protein/casein adhesives. Applications for these adhesives include tapes & labels, paper & packaging, building & construction, automotive & transportation, consumer & DIY, leather & footwear, and sports & leisure. The report highlights key regions with potential growth opportunities, answering important questions about market development and trends.
Detailed in the report are historical data from 2019 to 2024, with forecasts up to 2030. Industry managers, marketers, analysts, and consultants can gain valuable insights from the research, with customizable options available. The report offers a comprehensive overview of the Water-Based Adhesive Market, including industry dynamics, historical, current, and future market size by volume and value, and competitive analysis. Major companies and their strategies are highlighted in the report, showing growth potential and niche segments.
Read more at GlobeNewswire: Water-Based Adhesive Market is expected to grow at 7% CAGR