Acrylic Adhesives Market Size Growth & Analysis: Valued at USD 12.40 Bn in 2023, Projected to Reach USD 18.41 Bn by 2030 with a CAGR of 5.81%

The Acrylic Adhesives Market was valued at USD 12.40 billion in 2023 and is projected to experience steady growth, with an estimated CAGR of 5.81% from 2024 to 2030. By the end of the forecast period, the market is anticipated to reach approximately USD 18.41 billion. This growth is driven by increasing demand across various industries, including construction, automotive, and packaging, where acrylic adhesives are widely used due to their strong bonding properties, durability, and resistance to environmental conditions.

Acrylic Adhesives Market Overview:

The Acrylic Adhesives Market is projected to reach USD 18.41 billion by 2030. Acrylic adhesives, also referred to as methyl methacrylate (MMA), acrylate, or resin-based adhesives, are made from acrylic or methylacrylic polymers. Known for their exceptional strength and durability, these adhesives offer strong resistance to environmental factors and are highly effective for bonding various materials.

This report delves into the market's different segments, including technology, type, application, and region. It provides an in-depth analysis of key industry players and regions such as North America, Asia Pacific, Europe, the Middle East & Africa, and South America. Covering key data from 2018 to 2023, the report uses charts, figures, and presentations to highlight significant advancements across sectors. Additionally, it explores key drivers, restraints, opportunities, and challenges affecting the Acrylic Adhesives market. The recommendations for investment in the report are derived from a comprehensive assessment of the competitive landscape.

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Acrylic Adhesives Market Dynamics:

The growth of the Acrylic Adhesives Market is largely fueled by significant research and development efforts and ongoing innovations. Acrylic adhesives offer unique characteristics, such as superior performance and versatility, making them suitable for use across various industries like construction, packaging, and pharmaceuticals.

Manufacturers are increasingly concentrating on the Asia Pacific region due to its rising demand and expanding industrial base. Europe and North America are also expected to see improved economic performance, leading to greater investment in manufacturing and industrial sectors. Meanwhile, markets in China and Japan are anticipated to witness substantial growth throughout the forecast period.

Top Companies in the Acrylic Adhesives Market

1. Bayer Corporation
2. Henkel AG & Company
3. 3M Company
4. Bostik SA
5. H.B. Fuller
6. Illinois Tool Works Inc.
7. Covestro LLC
8. Avery Dennison
9. Sika AG
10.Pidilite Industries Limited
11.Royal Adhesives & Sealants, LLC
12.ITW
13.MAPEI Inc.
14.BASF
15.Eastman Chemical Company
16.RPM International Inc.
17.TONSAN Adhesive, Inc.
18.TOAGOSEI CO., LTD

Acrylic Adhesives Market Regional Insights:

The Acrylic Adhesives Market shows diverse regional trends, with growth patterns varying across different parts of the world. The Asia-Pacific region is anticipated to dominate the market, driven by rapid industrialization, increased construction activities, and expanding automotive and packaging industries in countries like China, India, and Japan. North America and Europe are also expected to witness steady growth due to advancements in manufacturing and the rising demand for high-performance adhesives in sectors such as construction and healthcare. Additionally, the Middle East, Africa, and South America are expected to see moderate growth, supported by infrastructure development and increased industrial activity in these regions.

Acrylic Adhesives Market Research Methodology:

The research methodology for the Acrylic Adhesives Market involves a combination of primary and secondary research to gather comprehensive data and insights. Primary research includes interviews and discussions with industry experts, manufacturers, and key stakeholders to obtain firsthand information about market trends, growth drivers, challenges, and opportunities. Secondary research focuses on analyzing industry reports, company publications, and market databases to validate and complement the data collected from primary sources. The analysis also includes market modeling, trend analysis, and forecasting to provide an accurate outlook on the market’s growth potential. Data triangulation is applied to ensure the reliability and accuracy of the research findings.

Acrylic Adhesives Market Segmentation:

by Technology

Water-based
Solvent-based
Reactive and Others

by Type

Acrylic Polymer Emulsion
Cyanoacrylic
Methacrylic
UV Curable Acrylic

by Application

Paper & Packaging
Construction
Transportation
Medical
Consumer
Woodworking
Electronics
Others

Key Offerings:

  • Historical Market Size and Competitive Landscape Analysis (2018-2022)
  • Historical Pricing Trends and Regional Price Curves (2018-2022)
  • Market Size, Share, and Forecasts by Segments | 2024−2030
  • Market Dynamics: In-depth Analysis of Growth Drivers, Restraints, Opportunities, and Regional Key Trends
  • Detailed Market Segmentation by Intervention, Product, Diseases, Distribution Channels, and Region
  • Competitive Landscape: Strategic Profiles of Leading Players across Regions
  • Competitive Landscape Overview: Market Leaders, Followers, and Regional Players
  • Comparative Benchmarking of Key Players by Region
  • PESTLE Analysis for Market Environment Assessment
  • PORTER’s Five Forces Analysis for Competitive Positioning
  • Comprehensive Value Chain and Supply Chain Analysis
  • Legal and Regulatory Aspects by Region
  • Lucrative Business Opportunities Identified through SWOT Analysis
  • Strategic Recommendations Based on Market Insights and Analysis

The report covers the Competitor's Landscape:

  • Major trends and future growth projections analyzed by region and country
  • Key winning strategies adopted by leading competitors in the market
  • Identification of the key competitors dominating the industry
  • Assessment of the market potential over the forecast period
  • Factors driving the increasing demand for Action Figures and Statues
  • Opportunities that could contribute to significant market growth
  • Analysis of regional and country-specific regulations that could either enhance or restrict demand for Action Figures and Statues
  • Evaluation of the impact of the COVID-19 pandemic on market growth and recovery
  • Insight into how supply chain disruptions have affected the entire value chain and market dynamics

For further details, feel free to reach out to us at any time: https://www.maximizemarketresearch.com/market-report/global-acrylic-adhesives-market/97225/ 

About Us:

About Maximize Market Research:

Maximize Market Research is a prominent market research and consulting firm, serving a diverse portfolio of international clients. Known for our commitment to fostering revenue growth and providing actionable insights, we have earned the trust of numerous Fortune 500 companies. Our services span a wide range of industries, including IT and telecommunications, chemicals, food and beverages, aerospace and defense, and healthcare. Leveraging robust research methodologies and deep industry knowledge, we play a vital role in helping businesses thrive in today’s competitive landscape.

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Posted in Default Category on September 05 2024 at 08:31 AM

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