Market Size of Emulsion Adhesive Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Emulsion Adhesive Market Analysis
The market for emulsion adhesives is expected to grow at a CAGR of about 4% globally during the forecast period. Growing demand from paper converting & packaging industry and increasing demand for water-based eco-friendly adhesives are driving the market. On the flip side, the limited application of emulsion-based adhesives coupled with unfavorable conditions arising due to the COVID-19 outbreak are hindering the market growth.
- The Emulsion adhesive market is expected to grow during the forecast period due to the increasing demand from the paper converting & packaging industry.
- Asia-Pacific region to dominate the market across the globe with the largest consumption from countries such as China and India.