Global Industrial Adhesives Market: Information by Type (Acrylic, Polyvinyl Acetate, Epoxy, Polyurethane, and Ethyl Vinyl Acetate), Application (Automotive, Construction, Electronics and Electrical, and Medical Devices) and Region—Forecast till 2023
— Industrial Adhesive Market Key Players:
Industrial Adhesives Market Includes: Henkel AG & Co. KGaA, H.B. Fuller, The Dow Chemical Company, Sika AG, Cytec Industries Inc, Hitachi Chemical Co, Avery Dennison, Bostik SA, RPM international Inc, Wacker Chemie AG and among others.
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Industrial Adhesives Market Regional Analysis:
Geographically, Asia Pacific region holds the major portion of global industrial adhesives market. China is the leading country in the region owing to growing production capacity and infrastructure facilities in heavy end-use industries. Increasing demand for industrial adhesives in packaging, construction, wood & furniture, and automotive has boosted the market demand in Japan, and India.
North America has witnessed a significant growth owing to increasing consumption of adhesives and this has led to a surge in the demand for the product in construction industries. A remarkable growth has been witnessed by the European region due to increasing demand for the product in automotive, construction, and other sectors. Additionally, due to growing research & development activities and innovations about the product, the market is projected to grow at a higher CAGR in Europe over the forecast period.
On the other hand, the growing popularity of adhesives and their boundless use in major industries is projected to boost the market growth over the assessment period.
Industrial Adhesives Market Competitive Landscape:
Industrial Adhesives Market appears to be competitive with the presence of several large and small players operating in manufacturing and development of product. These key players compete with each other’s on the basis of quality, price, production and innovation. Industrial adhesives market is set to grow at a rapid rate which is likely to attract many entrants to the market resulting into healthy competition in the future.
Manufacturers functioning in the industrial adhesives market are struggling to respond to the growing demand for the product from packaging, construction, wood & furniture, automotive and other sectors attributed to technological advancement and extensive use of the product in major sectors. They ensure to deliver the best quality products based on innovative technologies, and best practices.
Industrial Adhesive Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Industrial Adhesive Market
Industrial Adhesive Market Table of Content to be Continue……,
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