Water-Based Adhesive Market 2024:Key Players DIC, Dow Corning, Evonik, Huber Group, Illinois Tool Works, 3M Company
Water-based adhesive is developed either from natural polymers derived from vegetable sources, protein sources and animal or from soluble synthetic poly
(EMAILWIRE.COM, August 09, 2018 ) Water-based adhesive market size may witness firm growth in footwear industry as it contains low VOC’s which makes it eco-friendly. Higher viscosity permits its penetration into the material, thereby making it suitable for porous materials. Increasing environmental awareness and health issues will escalate market demand in footwear applications. Global footwear industry is may reach over USD 275 billion by 2024 owing to rising demand for comfortable, fancy and trendy footwears among all age groups. Shift in consumer demand towards sportwear due to increasing sports activity for health & fitness has further enhanced water-based adhesive market growth.
Water-Based Adhesive Market size may witness firm growth over the forecasted timeframe owing to the rise in demand for printing inks and flexible packaging. Rise in environmental and safety issues have further enhanced the growth as water-based adhesive is low in VOC. It is widely used in automotive, construction, packaging, paper and furniture industries.
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Glue is any material capable of holding material together by surface attachment. Water-based adhesive contains carrier fluid and additives to reduce its viscosity, can be applied to substance efficiently at varying thickness. Global adhesive market is estimated to worth over USD 55 billion by 2024 owing to its increasing use in aerospace, consumer goods, electrical, food packaging and construction industries.
Water-based adhesive is developed either from natural polymers derived from vegetable sources, protein sources and animal or from soluble synthetic polymers including cellulose ethers, methylcellulose, carboxymethylcellulose and polyvinylpyrrolidone. Water-based adhesive is supplied either in the form of dry powder or pre-mixed solution in which water is mixed by the distributors.
Asia Pacific driven by Japan, South Korea, India and China water-based adhesive market demand is expected to register substantial growth due to industrialization in these emerging economies. Increasing demand for environmental friendly product and presence of key players in packaging, construction, electronics are important drivers that will boost water-based adhesive market in the region.
Europe water-based adhesive market demand, led by UK, Germany, Spain and France may witness firm growth due to the increase in demand for construction, automobiles and military sectors. German construction industry is estimated to witness rapid growth due to increasing state spending on the bridges and roads and increasing company investment in buildings. Growth in urban population and increasing number of immigrants has further enhanced market growth. Increasing growth of furniture industry in UK due to low price and high-quality furniture offered to the consumers may escalate water-based adhesive market growth.
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Water-based adhesives market size from construction industry is expected to witness a significant growth over the forecast timeframe due to industrialization and increase in disposable income. It is used for attaching tiles, fixtures to walls, ceilings and for cementation. Global construction market is estimated to reach over USD 0.75 trillion by 2024 owing to the increasing population and urbanization along with increase in the demand for green buildings
Global water-based adhesive market share is moderately fragmented. The key players operating in this industry are DIC, Dow Corning, Evonik, Huber Group, Illinois Tool Works, 3M Company, LLC and Franklin International. Major companies are focussing on construction and automotive sectors to enhance product portfolio and expand regional presence.
Water-Based Adhesive Market size may witness firm growth over the forecasted timeframe owing to the rise in demand for printing inks and flexible packaging. Rise in environmental and safety issues have further enhanced the growth as water-based adhesive is low in VOC. It is widely used in automotive, construction, packaging, paper and furniture industries.
Request for table of contents of this report@ https://www.gminsights.com/request-toc/upcoming/2702
Glue is any material capable of holding material together by surface attachment. Water-based adhesive contains carrier fluid and additives to reduce its viscosity, can be applied to substance efficiently at varying thickness. Global adhesive market is estimated to worth over USD 55 billion by 2024 owing to its increasing use in aerospace, consumer goods, electrical, food packaging and construction industries.
Water-based adhesive is developed either from natural polymers derived from vegetable sources, protein sources and animal or from soluble synthetic polymers including cellulose ethers, methylcellulose, carboxymethylcellulose and polyvinylpyrrolidone. Water-based adhesive is supplied either in the form of dry powder or pre-mixed solution in which water is mixed by the distributors.
Asia Pacific driven by Japan, South Korea, India and China water-based adhesive market demand is expected to register substantial growth due to industrialization in these emerging economies. Increasing demand for environmental friendly product and presence of key players in packaging, construction, electronics are important drivers that will boost water-based adhesive market in the region.
Europe water-based adhesive market demand, led by UK, Germany, Spain and France may witness firm growth due to the increase in demand for construction, automobiles and military sectors. German construction industry is estimated to witness rapid growth due to increasing state spending on the bridges and roads and increasing company investment in buildings. Growth in urban population and increasing number of immigrants has further enhanced market growth. Increasing growth of furniture industry in UK due to low price and high-quality furniture offered to the consumers may escalate water-based adhesive market growth.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2702
Water-based adhesives market size from construction industry is expected to witness a significant growth over the forecast timeframe due to industrialization and increase in disposable income. It is used for attaching tiles, fixtures to walls, ceilings and for cementation. Global construction market is estimated to reach over USD 0.75 trillion by 2024 owing to the increasing population and urbanization along with increase in the demand for green buildings
Global water-based adhesive market share is moderately fragmented. The key players operating in this industry are DIC, Dow Corning, Evonik, Huber Group, Illinois Tool Works, 3M Company, LLC and Franklin International. Major companies are focussing on construction and automotive sectors to enhance product portfolio and expand regional presence.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results