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Asia-Pacific Acrylic Adhesives Market - Segmented by Product Type, End-User Industry and Geography - Trends and Forecasts (2020 - 2025)

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Asia-Pacific Acrylic Adhesives Market 

The market (henceforth referred as ‘the Asia-Pacific market’) is estimated to be worth USD XX billion, by revenue, and YY thousand metric tons, by volume, in 2017. The market is projected to reach USD XX billion and YY thousand metric tons by 2022, at an estimated CAGR of XX% and YY%, by value and volume, respectively, over the 2017-2022 period (henceforth referred as ‘the forecast period’).

Acrylic adhesives, owing to their eco-friendly, low-toxic nature, high productivity (heat accelerated and fast rate of cure), and high performance (high impact and temperature resistance) are becoming the integral parts of various commercial and industrial sectors. The second-generation acrylics are mostly two-component adhesives, with part A being a rubber dissolved in acrylic monomer and part B, the peroxide catalyst. These are used basically to improve the toughness and flexibility.

The acrylic adhesives market is driven by a number of factors, such as growing automotive industry, increasing construction activities and growing demand from the electronics and packaging industry. However, the market faces certain drawbacks, such as stringent environmental regulations by the governments, with regard to acrylic adhesives disposal. Moreover, the increased thereat of substitution from different feedstock can also hinder the market growth.

Transportation, construction, packaging, furniture, electrical & electronics and textiles, are among the major end-user sectors considered in this report, with the transportation segment accounting for more than XX.XX% share of the Asia-Pacific market, in 2016.

The Asia-Pacific market, by product type, can be broadly segmented into water-based and reactive-based acrylics, among others. Water-based acrylic adhesives is expected to be the fastest growing segment in the acrylic adhesives market, owing to the increasing consumer awareness about the ill-effects of solvent-based adhesives on environments and human health.

By geography, the Asia-Pacific market is segmented into China, India, Japan, ASEAN, South Korea, Australia & New Zealand and others. The rapid growth of the automotive industry is as a result of the increased presence of these countries’ automobile manufacturers in China and India, the areas of immense potential and opportunities, owing to increasing disposable incomes of the consumers in the countries.

Furthermore, the replacement of solvent-borne adhesives in the construction industry is expected to offer numerous opportunities to the global acrylic adhesives market. Some of the major companies dominating the market for its products, services and continuous product developments are: 3M, Arkema Group (Bostik SA), Ashland Inc., Avery Dennison, Dow Chemicals, Sika AG, Henkel and H.B. Fuller, among others.

Key Deliverables in the Study

  • Market analysis for the Asia-Pacific acrylic adhesives market, with region specific assessments and competition analysis on regional scale
  • Market definition along with the identification of factors instrumental in changing the market scenarios and prospective opportunities
  • Extensively researched competitive landscape section with profiles of major companies along with their market shares
  • Identification and analysis of the macro and micro factors that affect the market
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
  • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped.

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