Market Size of North America Acrylic Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Acrylic Adhesives Market Analysis
North America acrylic adhesives market is expected to grow at a CAGR of over 4% during the forecast period. The demand for acrylic adhesives is widely driven with growth in the number of construction projects and growth of packaging industry. However, the market growth may be hindered by the stringent VOC emission regulations related to acrylic adhesives disposal and/or substitution from different feedstock.
- The water-based acrylic adhesives segment is expected to be the fastest growing segment, owing to the increasing consumer awareness about the ill-effects of solvent-based adhesives on environment and human health.
- Shifting focus towards the bio-based adhesives and replacement of solvent-borne adhesives in construction industry are likely to offer opportunities for the acrylic adhesives market in North America.
- United States stand to be the largest market for acrylic adhesives in the region, with consumption being majorly driven by the end-user industries, like construction, electronics and packaging.
