Adhesive Resins Market
Adhesive Resins Market Study by Epoxies, Polyurethane, Synthetic Rubber, Polyacrylic Ester, and Others for Building & Construction, Paper & Packaging, Transportation, and Others from 2023 to 2033
Analysis of Adhesive Resins Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Adhesive Resins Market Outlook (2023 to 2033)
The global adhesive resins market is valued at US$ 18.7 billion in 2023 and is forecasted to top a market valuation of US$ 31 billion by the end of 2033, expanding at a CAGR of 5.1% over the next ten years.
Rising requirements for adhesive resins for various consumer applications along with transportation are stimulating the sales of these products. In addition, based on infrastructural development, there has been a significant increase in the construction and building sector, which is also predicted to drive the global demand for adhesive resins over the coming years.
In recent years, the ongoing trend of sustainable construction as well as the development of smart cities is estimated to foster market opportunities. Furthermore, the latest technological advancements that are taking place in the commercial aspects of these adhesive resins are projected to fuel the demand for these solutions.
Adhesives are helpful to bond two surfaces together while featuring the ability to bind different materials. Adhesive resins further provide superior binding strength and distribute stress with efficiency across the joints. These solutions are being used at an increased rate to improve the retention capabilities of compomers and composites that can be used at later stages for the prevention of bacterial microleakage. They can integrate multiple objects and applications as an adhesive layer for the enhancement of durability and optimization of the integrity of any structure.
To assist in the process of adhesion, these resins form a strong bond. There is a wide variety of adhesive resins that are available in the market, including polyacrylic ester (PAE), ethylene vinyl acetate (EVA), synthetic rubber (SBS, CR, & SIS), vinyl acetate ethylene (VAE), and polyvinyl acetate (PVA). These diverse adhesives are generally bonded with different materials with the use of four major technologies that include, hot-melt, water-based, reactive-based, and solvent-based.
Adhesive resins that are present in emulsion form provide the advantages of resistance to moisture and elasticity. Their application provides resistance to temperature, toughness, aging, and chemicals. They also enhance the cohesive strength of products.
Construction, automotive, packaging, oil & gas, and other industries are the prominent users of adhesive resin solutions and play a big part in the pricing trends of the market. In the industry of oil & gas, they are used for the filling and stopping of leakage between the coating of pipes and pipelines. Furthermore, they are also used for the packaging of bottles, seafood & meat, consumer goods, and food & beverages. In the transportation industry, these solutions are used to manufacture abrasive and aerospace components.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 18.7 Billion |
| Forecasted Market Value (2033) | US$ 31 Billion |
| Anticipated Market Growth Rate (2023 to 2033) | 5.1% CAGR |
| Canada Market Growth Rate (2023 to 2033) | 4.1% CAGR |
| Germany Market Growth Rate (2023 to 2033) | 3.7% CAGR |
| Key Companies Profiled | Ashland, Inc.; DuPont de Nemours, Inc.; Evonik Industries AG; Eastman Chemical Company; Georgia-Pacific Chemicals LLC; The Compound Company BV (Yparex); Mitsubishi Chemical Corporation; Lawter B.V. |
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Which Significant Opportunities Await Adhesive Resins Manufacturers?
“Growing Demand for Adhesive Resins in Numerous End-use Industries”
Adhesive resins are used widely for the packaging of consumer goods, food & beverages, seafood and meats, bottles, and tubes. In the plastic industry, these solutions are recommended as the binding agent for the enhancement of the tensile strength of respective plastic. Further, in the building & construction industry, these products are used as sealants, flooring adhesives, and contact adhesives.
Owing to efficient sealing features, these resins are applied in the transportation industry to manufacture aerospace and abrasive components. Moreover, in the industry of automotive, adhesive resin is used in automotive body parts including front-end modules and door modules. Thus, the sales of adhesive resins are projected to increase based on their increased application across different industries.
“Rising Awareness about Eco-friendly Materials”
End users of adhesive resins are becoming aware of the market availability of eco-friendly materials. These materials are anticipated to enable different end-user industries to reduce their environmental concerns. These specially-engineered adhesives are developed to assemble aircraft and automotive bodies.
Thus, owing to growing demand from end-use industries for adhesive resins, the sales of these products are estimated to increase over the forecasted period.
What Hurdles are Encountered by Adhesive Resin Providers?
“Fluctuation in Prices of Raw Materials”
The prices of raw materials that are used for the manufacturing of adhesive resins are not fixed. There is a constant fluctuation in their prices that can put a direct impact on the cost of final products that thus adversely impact the demand for these solutions.
“Inability of Majority of Adhesives to Withstand Extreme Temperatures”
A majority of adhesive resin types cannot withstand extreme temperatures. Even, sometimes they may fail if exposed to excess heat. They have decreased stability to high temperatures.
Adhesive resins encounter greater difficulty to separate objects during testing and provide relative weakness to bonding larger objects with smaller bonding surface area.
Thus, based on the abovementioned demerits, the demand growth for adhesive resins is expected to be hindered to some extent over the coming years.
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Which Region Provides the Highest Opportunities for Adhesive Resin Suppliers?
“Increased Product Demand from Construction Industry in Asia Pacific”
Among the regional markets, the demand for adhesive resins is increasing rapidly in the Asia Pacific market. This regional market is predicted to exhibit the highest CAGR over the coming years.
India and China are estimated to experience increased product demand from the building and construction industry due to the booming activities for infrastructural developments. The rising trend of urbanization, the development of smart cities, and multiple government regulations for sustainable construction are anticipated to bolster growth opportunities in the regional market.
Country-wise Insights
Why is the Use of Adhesive Resins High in Japan?
“Infrastructural Developments Bolstering Sales of Adhesive Resins”
Demand for adhesive resins in Japan is anticipated to increase at a CAGR of 2.9% from 2023 to 2033. The demand for these adhesives is forecasted to increase due to the rising count of infrastructural developments that further stimulate demand for these resins. In addition, the increasing demand for adhesive resins from the packaging industry is also predicted to fuel sales of these products.
Why is the U.S. a Prominent Market for Adhesive Resins?
“Application of Green Approaches in Building Construction Businesses in the U.S.”
Green construction approaches are used at an increased rate by construction businesses in the U.S. This approach aims to create energy-efficient structures that too at lower construction costs. Moreover, growing investment in the construction and residential sectors is also predicted to augment growth opportunities in the U.S. market.
Sales of adhesive resins in the U.S. market were more than US$ 4 billion in the year 2022. Further, the market in Canada is projected to advance at a CAGR of 4.1 % through 2033.
How is Demand for Adhesive Resins Shaping Up across Germany?
“Increasing Requirements for Environment-friendly Adhesive Products”
Sales of adhesive resins in Germany are estimated to progress at a CAGR of 3.7% through 2033. Increasing requirements for environment-friendly products are estimated to boost sales of adhesive resins. Furthermore, the growing need for adhesive resins in consumer applications and rising demand for synthetic and green resins are also forecasted to bolster sales of these products.
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Category-wise Insights
Why is Demand for Polyacrylic Ester (PAE) So High?
“Growing Use of Polyacrylic Ester in Construction Sector”
Based on type, the market has been bifurcated into epoxy, polyurethane, synthetic rubber, polyacrylic ester (PAE), and others. Among these, the polyacrylic ester segment has been predicted to grow at the highest CAGR during the forecast period. The rapid increase in product demand is attributed to its wide penetration across construction applications.
Polyacrylic ester resins come with excellent water resistance and exceptional bonding properties. In addition, the good impact strength of these resins because of passing higher quality control tests is also expected to bolster their demand over the coming years.
Why are Adhesive Resins Gaining Popularity in the Building & Construction Industry?
“Growing Government Incentives & Funding for First-time Home Buyers”
The adhesive resins market is divided into building & construction, paper & packaging, transportation, leather & footwear, consumer/DIY, and others. Among these, the building & construction sector is predicted to hold the largest share of the global market.
Government incentives as well as funding for first-time homebuyers across developing and developed countries are estimated to put a positive impact on the growth opportunities in the building & construction industry. Furthermore, rising spending on infrastructure and construction activities across emerging nations is projected to accelerate the demand for adhesive resins that have better product standards.
Competitive Landscape and New Developments
Numerous strategies, for instance, partnerships, agreements, mergers and acquisitions, novel product launches, better supply chain management, and adherence to safety regulations, are being adopted by industry players to generate novel growth opportunities in the market.
For instance :
- DuPont, in June 2022, announced the completion of the sale of its Biomaterials business unit. The unit has been purchased by the Huafon Group for a price of around US$ 240 million.
- ExxonMobil, in March 2022 said that the construction of the new LAO (liner alpha olefins) production unit is scheduled to start in mid-2023 to cater to local supply. ExxonMobil will produce ten high-purity LAO products and will commercialize them under the brand name, ElevexxTM.
- Mitsui Chemicals, Inc., in December 2021 announced the signing of a capital and commercial partnership agreement with Japan Medical Dynamic Marketing, Inc. Mitsui Chemicals, in conjunction with this agreement, has agreed to the acquisition of shares of Japan MDM. These shares are earlier held by NGK Spark Plug Co., Ltd. which is the largest shareholder of the company’s shares.
Key manufacturers of adhesive resins include Ashland, Inc., DuPont de Nemours, Inc., Evonik Industries AG, Eastman Chemical Company, Georgia-Pacific Chemicals LLC, The Compound Company BV (Yparex), Mitsubishi Chemical Corporation, and Lawter B.V.
Segmentation of Adhesive Resins Industry Research
-
By Type:
- Eoxy
- Polyurethane
- Synthetic Rubber
- Polyacrylic Ester (PAE)
- Others
-
By Application:
- Building & Construction
- Paper & Packaging
- Transportation
- Leather & Footwear
- Consumer/DIY
- Others
-
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Platform
- 9.1. PC Virtualization
- 9.2. Mobile Virtualization
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Technology
- 10.1. Network Function Virtualization
- 10.2. Desktop Virtualization
- 10.3. Software-defined Storage
- 10.4. Server Virtualization
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Key and Emerging Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Amazon Inc
- 21.2. Oracle Corporation
- 21.3. Citrix Systems Inc
- 21.4. Microsoft Corporation
- 21.5. Google LLC
- 21.6. Datadog, Inc
- 21.7. Huawei Technologies Co. Ltd
- 21.8. IBM Corporation
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2022 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2033, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2022
Figure 02: Global Market Volume Forecast (in 000' Units), 2023 to 2033
Figure 03: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Type, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2022
Figure 06: Global Market Value Forecast (US$ Mn), 2023 to 2033
Figure 07: Global Market Absolute $ Opportunity, 2023 to 2033
Figure 08: Global Market Share Analysis (%), By Type, 2023 to 2033
Figure 09: Global Market Y-o-Y Analysis (%), By Type, 2023 to 2033
Figure 10: Global Market Attractiveness Analysis by Type, 2023 to 2033
Figure 11: Global Market Share Analysis (%), By Application, 2023 to 2033
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2023 to 2033
Figure 13: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 14: Global Market Share Analysis (%), By Region, 2023 to 2033
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2023 to 2033
Figure 16: Global Market Attractiveness Analysis by Region, 2023 to 2033
Figure 17: North America Market Value Share, By Type, 2022 (E)
Figure 18: North America Market Value Share, By Application, 2022 (E)
Figure 19: North America Market Value Share, By Country, 2022 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 21: North America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 22: North America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 23: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 24: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 25: Latin America Market Value Share, By Type, 2022 (E)
Figure 26: Latin America Market Value Share, By Application, 2022 (E)
Figure 27: Latin America Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2022
Figure 29: Latin America Market Value Forecast (US$ Mn), 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis by Type, 2023 to 2033
Figure 31: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 32: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 33: Europe Market Value Share, By Type, 2022 (E)
Figure 34: Europe Market Value Share, By Application, 2022 (E)
Figure 35: Europe Market Value Share, By Country, 2022 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2022
Figure 37: Europe Market Value Forecast (US$ Mn), 2023 to 2033
Figure 38: Europe Market Attractiveness Analysis by Type, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 41: South Asia Market Value Share, By Type, 2022 (E)
Figure 42: South Asia Market Value Share, By Application, 2022 (E)
Figure 43: South Asia Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 45: South Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 46: South Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 47: South Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 48: South Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 49: East Asia Market Value Share, By Type, 2022 (E)
Figure 50: East Asia Market Value Share, By Application, 2022 (E)
Figure 51: East Asia Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2022
Figure 53: East Asia Market Value Forecast (US$ Mn), 2023 to 2033
Figure 54: East Asia Market Attractiveness Analysis by Type, 2023 to 2033
Figure 55: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 56: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 57: Oceania Market Value Share, By Type, 2022 (E)
Figure 58: Oceania Market Value Share, By Application, 2022 (E)
Figure 59: Oceania Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2022
Figure 61: Oceania Market Value Forecast (US$ Mn), 2023 to 2033
Figure 62: Oceania Market Attractiveness Analysis by Type, 2023 to 2033
Figure 63: Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 64: Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 65: Middle East and Africa Market Value Share, By Type, 2022 (E)
Figure 66: Middle East and Africa Market Value Share, By Application, 2022 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2022
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2023 to 2033
Figure 70: Middle East and Africa Market Attractiveness Analysis by Type, 2023 to 2033
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2023 to 2033
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: U. S. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 74: U. S. Market Value Share, By Type, 2022 (E)
Figure 75: U. S. Market Value Share, By Application, 2022 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2023 & 2033
Figure 77: Canada Market Value Share, By Type, 2022 (E)
Figure 78: Canada Market Value Share, By Application, 2022 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2023 & 2033
Figure 80: Mexico Market Value Share, By Type, 2022 (E)
Figure 81: Mexico Market Value Share, By Application, 2022 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2023 & 2033
Figure 83: Brazil Market Value Share, By Type, 2022 (E)
Figure 84: Brazil Market Value Share, By Application, 2022 (E)
Figure 85: U. K. Market Value Analysis (US$ Mn), 2023 & 2033
Figure 86: U. K. Market Value Share, By Type, 2022 (E)
Figure 87: U. K. Market Value Share, By Application, 2022 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2023 & 2033
Figure 89: Germany Market Value Share, By Type, 2022 (E)
Figure 90: Germany Market Value Share, By Application, 2022 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2023 & 2033
Figure 92: France Market Value Share, By Type, 2022 (E)
Figure 93: France Market Value Share, By Application, 2022 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2023 & 2033
Figure 95: Italy Market Value Share, By Type, 2022 (E)
Figure 96: Italy Market Value Share, By Application, 2022 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2023 & 2033
Figure 98: Spain Market Value Share, By Type, 2022 (E)
Figure 99: Spain Market Value Share, By Application, 2022 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 101: Russia Market Value Share, By Type, 2022 (E)
Figure 102: Russia Market Value Share, By Application, 2022 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2023 & 2033
Figure 104: China Market Value Share, By Type, 2022 (E)
Figure 105: China Market Value Share, By Application, 2022 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2023 & 2033
Figure 107: Japan Market Value Share, By Type, 2022 (E)
Figure 108: Japan Market Value Share, By Application, 2022 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2023 & 2033
Figure 110: South Korea Market Value Share, By Type, 2022 (E)
Figure 111: South Korea Market Value Share, By Application, 2022 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2023 & 2033
Figure 113: India Market Value Share, By Type, 2022 (E)
Figure 114: India Market Value Share, By Application, 2022 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2023 & 2033
Figure 116: ASEAN Market Value Share, By Type, 2022 (E)
Figure 117: ASEAN Market Value Share, By Application, 2022 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2023 & 2033
Figure 119: Australia Market Value Share, By Type, 2022 (E)
Figure 120: Australia Market Value Share, By Application, 2022 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2023 & 2033
Figure 122: New Zealand Market Value Share, By Type, 2022 (E)
Figure 123: New Zealand Market Value Share, By Application, 2022 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2023 & 2033
Figure 125: GCC Countries Market Value Share, By Type, 2022 (E)
Figure 126: GCC Countries Market Value Share, By Application, 2022 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2023 & 2033
Figure 128: Turkey Market Value Share, By Type, 2022 (E)
Figure 129: Turkey Market Value Share, By Application, 2022 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2023 & 2033
Figure 131: South Africa Market Value Share, By Type, 2022 (E)
Figure 132: South Africa Market Value Share, By Application, 2022 (E)
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Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the anticipated growth for the adhesive resins market?
The global adhesive resins market is predicted to progress at a CAGR of 5.1% through 2033.
How much is the adhesive resins industry worth as of today?
The market for adhesive resins is currently worth US$ 18.7 billion.
What outlook does the Canadian Market provide?
The Canadian market is projected to expand at a CAGR of 4.1% through 2033.
What is the growth forecast for the global adhesive resins market?
Worldwide consumption of adhesive resins is anticipated to reach US$ 31 billion in value by 2033-end.
Which region is estimated to gain a prominent market share over the coming years?
Asia Pacific is predicted to hold the largest market share in the global market.
Who are the major suppliers of adhesive resins?
Ashland, Inc., DuPont de Nemours, Inc., Evonik Industries AG, Eastman Chemical Company, Georgia-Pacific Chemicals LLC, and Mitsubishi Chemical Corporation are key manufacturers of adhesive resins.
Adhesive Resins Market