Market Size of Europe Waterborne Adhesives Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 5.00 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Waterborne Adhesives Market Analysis
The Europe waterborne adhesives market is expected to grow at with a CAGR greater than 5% during the forecast period. One of the major factors driving the market growth the growing demand for waterborne adhesives as eco-friendly adhesives for solvent based adhesives. However, poor setting speeds of waterborne adhesives is hindering the growth of the market studied.
- Increasing use of recycled plastics is expected to provide a major growth opportunity for the market studied.
- Germany accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the Resin Types, Polyvinyl Acetate (PVA) Emulsion is expected to dominate the market studied during the forecast period.