Water based Adhesive Market By Size, Share, Trends, Growth, Forecast 2028

Report Description

Water-Based Adhesive market is anticipated to grow significantly through 2028. Through 2028, the market is anticipated to rise due to rising environmental consciousness and a paradigm shift toward more environmentally friendly and sustainable options. The European Union generated approximately 2.71 billion metric tons of carbon dioxide emissions in 2021.

A further factor anticipated to fuel market expansion is the expanding tendency in the packaging sector to reduce solvent-based use and embrace sustainable alternatives. Water-based adhesives are developed using a combination of water, polymers, and additives. They are ideal for porous or non-porous substrates. These adhesives may be formulated as solutions and are activated as the water evaporates or is absorbed by the substrate. Additionally, various useful properties, such as durability, flexibility, and economic efficiency, are extended by water-based adhesives that boost the water-based adhesive market towards immense growth. Moreover, the growing demand for lightweight and low pollution-causing vehicles is another factor driving the market’s growth.

Furthermore, the increasing demand from paper & packaging, building & construction, and others are the crucial factors that propel the market’s growth. Several businesses and research institutions are active in the market and concentrate on creating such environmentally friendly goods. The market is hence anticipated to have enormous growth potential in the years to come as a result.

Polyvinyl Acetate (PVA) Emulsion Will Continue To Be a Key Resin Type

Polyvinyl Acetate (PVA) water-based adhesives is majorly used in the wood industry for making complex joints. The use of polyvinyl acetate also provides heat resistance throughout the joint and improves the lifespan of the wood. Polyvinyl Acetate improves the UV degradability issue related to wood and imparts higher resistance against UV radiation. These adhesives are also used in bonding paper, cardboard, wood, base and for moisture-activated bonding. Therefore, polyvinyl acetate emulsion is currently the most in-demand type of water-based adhesive and is expected to dominate the market studied during the forecast period.

Growing Adsorption Towards Sustainability

In recent years, the use of water-based adhesives has grown significantly. These adhesives do not emit volatile organic compounds (VOCs) into the atmosphere since they do not include a solvent. Water-based thus acts as the basis for sustainability. When multi-layer flexible structures are mechanically recycled, the right adhesive can ensure consumer safety and the required protection performance without lowering the recycled material's quality. For instance, H.B. Fuller created various next-generation adhesive solutions in April 2019 to meet the rising need from wood furniture and flooring producers for materials that aid in reducing hazardous emissions in their completed items, given that wood naturally generates VOCs. Thus, the worldwide water-based Adhesive market is anticipated to witness substantial growth from solvent-free adhesives during the projected period.

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Recent Developments

In April 2021, Two new compostable adhesive products were introduced by H.B. Fuller, a well-known American manufacturer of industrial adhesives that sells its products all over the world under the Flextra^TM Evolution brand. These products offer several noteworthy advantages in terms of manufacturer benefits and sustainability objectives.
Choice Adhesives, a pioneer in providing specialized adhesive solutions for several sectors, will be acquired by Innovative Chemical Products, a specialist platform business in the coatings, adhesives, sealants, and elastomers (CASE) industry, according to the announcement in April 2021.
In October 2017, Royal Adhesives & Sealants (US) was acquired by H.B. Fuller, resulting in expanded development & production capabilities.
3M invested USD 40 million to expand its operation in Missouri, US, in March 2017, helping to produce industrial adhesives and tapes for the aerospace industry.

Market Segmentation

Global Water-Based Adhesive Market is segmented based on resin type, application, and region. Based on resin type, the market is categorized into Polyvinyl Acetate Emulsion (PVA), Acrylic Polymer Emulsion (PAE), Vinyl Acetate Ethylene Emulsion (VAE), and Others. Based on application, the market is fabricated into tapes & labels, paper & packaging, building & construction, and others. Based on region, the market is divided into North America, Europe, Asia Pacific, South America, Middle East & Africa.

Market Players

3M Co., Henkel AG & Co KGaA, HB Fuller Co., Bostik SA, Nan Pao Resins Chemical Co Ltd., Pidilite Industries Ltd., Mapei SpA, DuPont de Nemours Inc., Sika AG, Wacker Chemie AG are some of the key players of Global Water-Based Adhesive Market.

Attribute	Details
Base Year	2022
Historic Data	2018 – 2021
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Million, Volume in Metric Tonnes, and CAGR for 2018-2022 and 2023-2028
Report coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments covered	Resin Type 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; Netherlands; Russia; China; India; South Korea; Japan; Indonesia; Vietnam; Australia; Brazil; Argentina; South Africa; Saudi Arabia; UAE
Key companies profiled	3M Co., Henkel AG & Co KGaA, HB Fuller Co., Bostik SA, Nan Pao Resins Chemical Co Ltd., Pidilite Industries Ltd., Mapei SpA, DuPont de Nemours Inc., Sika AG, Wacker Chemie AG
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)

Report Scope:

In this report, the global water-based adhesive market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:

Water-Based Adhesive Market, By Resin Type:

Polyvinyl Acetate Emulsion (PVA)
Acrylic Polymer Emulsion (PAE)
Vinyl Acetate Ethylene Emulsion (VAE)
Others

Water-Based Adhesive Market, By Application:

Tapes & Labels
Paper & Packaging
Building & Construction
Others

Water-Based Adhesive Market, By Region:

North America

United States
Mexico
Canada

Europe

France
Germany
United Kingdom
Spain
Italy

Asia-Pacific

China
India
South Korea
Japan
Indonesia
Vietnam
Australia

South America

Brazil
Argentina

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive landscape

Company Profiles: Detailed analysis of the major companies in the global water-based adhesive market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Water-Based Adhesive Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Water-Based Adhesive Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1. By Resin Type (Polyvinyl Acetate Emulsion (PVA), Acrylic Polymer Emulsion (PAE), Vinyl Acetate Ethylene Emulsion (VAE), Others)

5.2.2. By Application (Tapes & Labels, Paper & Packaging, Building & Construction, Others)

5.2.3. By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

5.2.4. By Company (2022)

5.3. Market Map

5.3.1. By Resin Type

5.3.2. By Application

5.3.3. By Region

6. North America Water-Based Adhesive Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By Resin Type

6.2.2. By Application

6.2.3. By Country

6.3. Pricing Analysis

6.4. North America: Country Analysis

6.4.1. United States Water-Based Adhesive Market Outlook

6.4.1.1. Market Size & Forecast

6.4.1.1.1. By Value & Volume

6.4.1.2. Market Share & Forecast

6.4.1.2.1. By Resin Type

6.4.1.2.2. By Application

6.4.2. Mexico Water-Based Adhesive Market Outlook

6.4.2.1. Market Size & Forecast

6.4.2.1.1. By Value & Volume

6.4.2.2. Market Share & Forecast

6.4.2.2.1. By Resin Type

6.4.2.2.2. By Application

6.4.3. Canada Water-Based Adhesive Market Outlook

6.4.3.1. Market Size & Forecast

6.4.3.1.1. By Value & Volume

6.4.3.2. Market Share & Forecast

6.4.3.2.1. By Resin Type

6.4.3.2.2. By Application

7. Europe Water-Based Adhesive Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Resin Type

7.2.2. By Application

7.2.3. By Country

7.3. Pricing Analysis

7.4. Europe: Country Analysis

7.4.1. France Water-Based Adhesive Market Outlook

7.4.1.1. Market Size & Forecast

7.4.1.1.1. By Value & Volume

7.4.1.2. Market Share & Forecast

7.4.1.2.1. By Resin Type

7.4.1.2.2. By Application

7.4.2. Germany Water-Based Adhesive Market Outlook

7.4.2.1. Market Size & Forecast

7.4.2.1.1. By Value & Volume

7.4.2.2. Market Share & Forecast

7.4.2.2.1. By Resin Type

7.4.2.2.2. By Application

7.4.3. United Kingdom Water-Based Adhesive Market Outlook

7.4.3.1. Market Size & Forecast

7.4.3.1.1. By Value & Volume

7.4.3.2. Market Share & Forecast

7.4.3.2.1. By Resin Type

7.4.3.2.2. By Application

7.4.4. Spain Water-Based Adhesive Market Outlook

7.4.4.1. Market Size & Forecast

7.4.4.1.1. By Value & Volume

7.4.4.2. Market Share & Forecast

7.4.4.2.1. By Resin Type

7.4.4.2.2. By Application

7.4.5. Italy Water-Based Adhesive Market Outlook

7.4.5.1. Market Size & Forecast

7.4.5.1.1. By Value & Volume

7.4.5.2. Market Share & Forecast

7.4.5.2.1. By Resin Type

7.4.5.2.2. By Application

8. Asia-Pacific Water-Based Adhesive Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Resin Type

8.2.2. By Application

8.2.3. By Country

8.3. Pricing Analysis

8.4. Asia-Pacific: Country Analysis

8.4.1. China Water-Based Adhesive Market Outlook

8.4.1.1. Market Size & Forecast

8.4.1.1.1. By Value & Volume

8.4.1.2. Market Share & Forecast

8.4.1.2.1. By Resin Type

8.4.1.2.2. By Application

8.4.2. India Water-Based Adhesive Market Outlook

8.4.2.1. Market Size & Forecast

8.4.2.1.1. By Value & Volume

8.4.2.2. Market Share & Forecast

8.4.2.2.1. By Resin Type

8.4.2.2.2. By Application

8.4.3. South Korea Water-Based Adhesive Market Outlook

8.4.3.1. Market Size & Forecast

8.4.3.1.1. By Value & Volume

8.4.3.2. Market Share & Forecast

8.4.3.2.1. By Resin Type

8.4.3.2.2. By Application

8.4.4. Japan Water-Based Adhesive Market Outlook

8.4.4.1. Market Size & Forecast

8.4.4.1.1. By Value & Volume

8.4.4.2. Market Share & Forecast

8.4.4.2.1. By Resin Type

8.4.4.2.2. By Application

8.4.5. Indonesia Water-Based Adhesive Market Outlook

8.4.5.1. Market Size & Forecast

8.4.5.1.1. By Value & Volume

8.4.5.2. Market Share & Forecast

8.4.5.2.1. By Resin Type

8.4.5.2.2. By Application

8.4.6. Vietnam Water-Based Adhesive Market Outlook

8.4.6.1. Market Size & Forecast

8.4.6.1.1. By Value & Volume

8.4.6.2. Market Share & Forecast

8.4.6.2.1. By Resin Type

8.4.6.2.2. By Application

8.4.7. Australia Water-Based Adhesive Market Outlook

8.4.7.1. Market Size & Forecast

8.4.7.1.1. By Value & Volume

8.4.7.2. Market Share & Forecast

8.4.7.2.1. By Resin Type

8.4.7.2.2. By Application

9. South America Water-Based Adhesive Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Resin Type

9.2.2. By Application

9.2.3. By Country

9.3. Pricing Analysis

9.4. South America: Country Analysis

9.4.1. Brazil Water-Based Adhesive Market Outlook

9.4.1.1. Market Size & Forecast

9.4.1.1.1. By Value & Volume

9.4.1.2. Market Share & Forecast

9.4.1.2.1. By Resin Type

9.4.1.2.2. By Application

9.4.2. Argentina Water-Based Adhesive Market Outlook

9.4.2.1. Market Size & Forecast

9.4.2.1.1. By Value & Volume

9.4.2.2. Market Share & Forecast

9.4.2.2.1. By Resin Type

9.4.2.2.2. By Application

10. Middle East and Africa Water-Based Adhesive Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

10.2.1. By Resin Type

10.2.2. By Application

10.2.3. By Country

10.3. Pricing Analysis

10.4. MEA: Country Analysis

10.4.1. South Africa Water-Based Adhesive Market Outlook

10.4.1.1. Market Size & Forecast

10.4.1.1.1. By Value & Volume

10.4.1.2. Market Share & Forecast

10.4.1.2.1. By Resin Type

10.4.1.2.2. By Application

10.4.2. Saudi Arabia Water-Based Adhesive Market Outlook

10.4.2.1. Market Size & Forecast

10.4.2.1.1. By Value & Volume

10.4.2.2. Market Share & Forecast

10.4.2.2.1. By Resin Type

10.4.2.2.2. By Application

10.4.3. UAE Water-Based Adhesive Market Outlook

10.4.3.1. Market Size & Forecast

10.4.3.1.1. By Value & Volume

10.4.3.2. Market Share & Forecast

10.4.3.2.1. By Resin Type

10.4.3.2.2. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition

12.2. Product Launches

12.3. Recent Developments

13. Global Water-Based Adhesive Market: SWOT Analysis

14. Porter’s Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Business Overview

15.2. Product Offerings

15.3. Recent Developments

15.4. Financials (In Case of Listed Companies)

15.5. Key Personnel

15.6. SWOT Analysis

15.6.1. 3M Co.

15.6.2. Henkel AG & Co KGaA

15.6.3. HB Fuller Co.

15.6.4. Bostik SA

15.6.5. Nan Pao Resins Chemical Co Ltd

15.6.6. Pidilite Industries Ltd.

15.6.7. Mapei SpA

15.6.8. DuPont de Nemours Inc

15.6.9. Sika AG

15.6.10. Wacker Chemie AG

16. Strategic Recommendations

Figures and Tables

Frequently asked questions

What are the major drivers for the Global Water-Based Adhesive Market?

The growing demand from various end-user industries, such as Tapes & Labels, Paper & Packaging, Building & Construction, among others, are driving the growth of Global Water-Based Adhesive Market.

What factors are hampering the growth of Global Water-Based Adhesive Market?

Stringent regulatory scenario along with fluctuating costs of raw materials are some of the factors hampering the growth of global water-based adhesive market.

Who are the top players operating in the Global Water-Based Adhesive Market?

Which region is expected to account for the largest share of the Global Water-Based Adhesive Market?

Asia Pacific region is expected to hold the largest market share over the next five years due to growing demand from the automotive industry. Besides, increased demand from the building & construction sector and increasing economic conditions further support market growth.