The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector. Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.
The Plastic Adhesives market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Plastic Adhesives industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Plastic Adhesives industry.
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The key companies studied in the report are:
Arkema SA, 3M Company, Parker Hannifin Corporation, Huntsman International LLC, Sika AG, Henkel AG, Dow Inc., Illinois Tool Works Inc., MaterBond Inc., and Ashland Global Specialty Chemicals Inc., among others.
The research provides answers to the following key questions:
- What will be the growth rate of the Plastic Adhesives market for the forecast period, 2017 to 2027? What will be the market size and the share occupied by the prominent vendors by the estimated period?
- What are challenges and threats faced by the prominent vendors operating in the Plastic Adhesives market?
- Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?
- What are the past, present and emerging trends likely to influence the growth rate of the Plastic Adhesives market for the forecast period, 2017 to 2027?
- What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?
Browse the complete Global Plastic Adhesives Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @https://www.emergenresearch.com/industry-report/plastic-adhesives-market
Emergen Research has segmented the global plastic adhesives market on the basis of resin type, substrate, distribution channel, application, and region:
Resin Type Outlook (Revenue, USD Billion; 2017-2027)
- Epoxy
- Polyurethane
- Acrylic
- Silicone
- Cyanoacrylate
- Methyl Methacrylate
- Others
Substrate Outlook (Revenue, USD Billion; 2017-2027)
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Online
- Offline
Application Outlook (Revenue, USD Billion; 2017-2027)
- Packaging
- Building & Construction
- Automotive & Transportation
- Assembly
- Medical
- Others
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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