Acrylic Adhesives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Acrylic Polymer Emulsion, Cyanoacrylate Adhesive, Methacrylic Adhesives, Others), By Technology (Water Based, Solvent Based, Reactive), By Application (Packaging, Construction, Wood & Furniture, Consumer Goods, and Others), By Region, and Competition 2018-2028
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAcrylic Adhesives Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Acrylic Polymer Emulsion, Cyanoacrylate Adhesive, Methacrylic Adhesives, Others), By Technology (Water Based, Solvent Based, Reactive), By Application (Packaging, Construction, Wood & Furniture, Consumer Goods, and Others), By Region, and Competition 2018-2028
According to the United Nations COMTRADE database, global imports of acrylic adhesives were valued at USD 6.8 billion in 2019, with the United States being the largest importer, accounting for 20% of global imports.
The acrylic adhesives market is a rapidly growing segment of the adhesives industry. Acrylic adhesives are polymer-based adhesives that are used in a wide range of applications, including automotive, construction, and electronics. They are known for their strong bonding capabilities, excellent weatherability, and resistance to chemicals and UV radiation. As a result, they are increasingly replacing traditional adhesives like epoxies and polyurethanes in many applications. The automotive segment is the largest application segment for acrylic adhesives, accounting for over 30% of the market share for
The construction segment is the second-largest application segment for acrylic adhesives, accounting for over 20% of the market share. Acrylic adhesives are used in various construction applications, including roofing, flooring, and insulation. They offer several advantages over traditional adhesives, including higher weatherability and resistance to chemicals and UV radiation. The electronics segment is also a rapidly growing application segment for acrylic adhesives. Acrylic adhesives are used in various electronics applications, including bonding and sealing of electronic components. They offer several advantages over traditional adhesives, including higher thermal stability and resistance to chemicals and UV radiation. Therefore, the demand for the global acrylic adhesives market is expected to rise in the projected period.
Rising Demand of the Automotive Industry is a Market Propelling Factor for
Acrylic adhesives are used in various applications in the automotive industry, including structural bonding, panel bonding, and sealing. Structural bonding is used to join parts of the vehicle's body, such as the roof, doors, and trunk. Panel bonding is used to bond panels to the vehicle's body, such as the hood and fenders. Sealing is used to prevent water, dust, and noise from entering the vehicle's interior.
Acrylic adhesives offer several benefits in automotive applications such as lighter weight, higher strength, better adhesion, resistance to harsh environments, and faster cure times. Acrylic adhesives are lighter in weight than traditional adhesives, which makes them ideal for use in automotive applications where weight reduction is critical. Acrylic adhesives offer higher strength than traditional adhesives, which improves the overall structural integrity of the vehicle. Acrylic adhesives can adhere to a wide range of substrates, including metal, plastic, and composites, which makes them suitable for use in a variety of automotive applications. Acrylic adhesives have faster cure times than traditional adhesives, which reduces the overall production time of the vehicle. Acrylic adhesives are resistant to harsh environments, such as extreme temperatures, chemicals, and UV radiation, which makes them ideal for use in automotive applications in addition to
Hence, the automotive segment is expected to continue to drive the growth of the acrylic adhesives market. As the automotive industry continues to look for ways to improve vehicle performance and reduce weight, acrylic adhesives will continue to play an important role in the manufacturing process.
Soaring Demand from the Construction sector is a Market Propelling Factor for Acrylic Adhesives
The construction segment is one of the major application segments for acrylic adhesives. The construction industry is constantly looking for new and innovative materials that can improve the performance and durability of buildings. Acrylic adhesives offer several advantages over traditional adhesives in this regard, including higher weatherability, resistance to chemicals and UV radiation, and faster cure times. Acrylic adhesives are used in various construction applications, including roofing, flooring, and insulation. In roofing applications, acrylic adhesives are used to bond the roofing membrane to the substrate, providing a strong, waterproof seal. Acrylic adhesives are also used in flooring applications, where they are used to bond the flooring material to the substrate, providing a durable and long-lasting bond. In insulation applications, acrylic adhesives are used to bond insulation material to the substrate, providing a strong, airtight seal.
Acrylic adhesives offer several benefits in construction applications, including higher weatherability, resistance to chemicals, faster cure times, and improved durability. Acrylic adhesives are highly resistant to weathering and UV radiation, which makes them ideal for use in outdoor applications. Acrylic adhesives are highly resistant to chemicals, such as acids and bases, which makes them suitable for use in a variety of industrial and commercial settings. Acrylic adhesives have faster cure times than traditional adhesives, which reduces the overall construction time of the building. Acrylic adhesives provide a strong, durable bond that can withstand the stresses and strains of construction and environmental factors.
Therefore, the construction segment is expected to continue to drive the growth of the acrylic adhesives market. As the construction industry continues to look for new and innovative materials that can improve building performance and durability, acrylic adhesives will continue to play an important role in the construction process as
The electronics segment is one of the key application segments for acrylic adhesives. The electronics industry is constantly looking for new and innovative materials that can improve the performance and reliability of electronic components. Acrylic adhesives offer several advantages over traditional adhesives in this regard, including high adhesion strength, excellent electrical properties, and resistance to high temperatures and harsh chemicals.
Growing Demand of the Electronics Market is Going to Raise the Market Demand
Acrylic adhesives are used in various electronics applications, including bonding, sealing, and potting. In bonding applications, acrylic adhesives are used to bond electronic components to circuit boards or other substrates, providing a strong, durable bond. In sealing applications, acrylic adhesives are used to seal and protect electronic components from moisture, dust, and other contaminants. In potting applications, acrylic adhesives are used to encapsulate electronic components, providing protection against environmental factors and vibration. Acrylic adhesives offer several benefits in electronics applications, including high adhesion strength, excellent electrical properties, and resistance to high temperatures & harsh chemicals.
Acrylic adhesives have excellent adhesion strength, which makes them ideal for bonding electronic components to substrates. Acrylic adhesives have excellent electrical properties, such as high dielectric strength, which makes them ideal for use in electronic applications without breaking down at high temperatures. Acrylic adhesives are highly resistant to high temperatures, which makes them suitable for use in high-temperature electronic applications. Acrylic adhesives are highly resistant to harsh chemicals, such as solvents and acids, which makes them suitable for use in a variety of electronic applications.
Therefore, the electronics segment is expected to continue to drive the growth of the acrylic adhesives market. As the electronics industry continues to look for new and innovative materials that can improve the performance and reliability of electronic components, acrylic adhesives will continue to play an important role in the manufacturing process. Acrylic adhesives have been around for many years and are widely used in various applications such as automotive, construction, and electronics industries. However, the acrylic adhesive market is constantly evolving, and new developments are being made to improve the performance and properties of acrylic adhesives.
Recent Developments
- Henkel's Teroson MS 930This is a new hybrid
acrylic adhesive from Henkel that is designed for use in construction and
other industrial applications. It is a one-component adhesive that
provides high strength and excellent adhesion to a variety of substrates,
including metals, plastics, and wood. The adhesive is resistant to
weathering, UV radiation, and temperature extremes.
- 3M's Scotch-Weld Acrylic Adhesive DP8425NSIt
is a two-part structural adhesive from 3M that was launched in 2020. It is
a high-performance adhesive designed for bonding metals, plastics, and
composites. It provides high strength and durability, as well as
resistance to impact, peel, and vibration. The adhesive has a fast cure
time, which helps to increase production efficiency. It can also be used
for bonding dissimilar substrates. Scotch-Weld Acrylic Adhesive DP8425NS
is designed for use in transportation, aerospace, and other sectors. It
offers excellent adhesion to a variety of substrates, including aluminum,
steel, plastics, and composites.
- Sika's SikaBond-T54 FCIt is a new product
designed for flooring applications in the construction industry. This adhesive
offers high adhesion strength, fast curing time, and low VOC emissions,
making it an environmentally friendly option. The adhesive's unique
formulation also allows for easy and precise application, resulting in a
professional finish.
- Ashland's Arosetâ„¢ 7001 PSAIt is a new product designed for pressure-sensitive adhesive applications in the label and tape industries. This adhesive offers excellent adhesion strength, low VOC emissions, and a long tack life, resulting in improved productivity and efficiency. The product's unique formulations also allow for easy processing and converting, making it an ideal choice for high-speed manufacturing operations.
entation
Global acrylic adhesives market is segmented based on type, technology, application, and region. Based on type, the market is segmented into acrylic polymer emulsion, cyanoacrylate adhesive, methacrylic adhesives, and others. Based on technology, the market is categorized into water based, solvent based, and reactive. Based on application, the market is divided into packaging, construction, wood & furniture, consumer goods, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.
Company Profiles
3M Company, Henkel AG & Company, Covestro LLC, Bostik SA, Sikka AG, HB Fuller Co, Huntsman Corp, Avery Dennison Corp, Pidilite Limited Industries, Royal Adhesives and Sealants LLC are some of the key players of the global acrylic adhesives market.
|
Attribute |
Details |
|
Base
Year |
2022 |
|
Historic
Data |
2018 –
2021 |
|
Estimated
Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue
in USD Million, and CAGR for 2018-2022 and 2023-2028 |
|
Report
coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
|
Segments
covered |
Type Technology Application |
|
Regional
scope |
North
America, Europe, Asia Pacific, South America, Middle East & Africa |
|
Country
scope |
United
States, Mexico, Canada, France, Germany, United Kingdom, Spain, Italy, France,
China, India, South Korea, Japan, Australia, Brazil, Argentina, Colombia, South
Africa, Saudi Arabia, UAE |
|
Key companies
profiled |
3M Company,
Henkel AG & Company, Covestro LLC, Bostik SA, Sikka AG, HB Fuller Co,
Huntsman Corp, Avery Dennison Corp, Pidilite Limited Industries, Royal
Adhesives and Sealants LLC |
|
Customization
scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing
and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery
Format |
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request) |
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