Market Size of Water-borne Adhesives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| 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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Water-borne Adhesives Market Analysis
The market for water-borne adhesives is likely to register a CAGR of over 5%, during the forecast period. One of the major factors driving the market is the increasing demand from the packaging industry.
- Limited usage in high-end applications is likely to act as a restraint to the market studied.
- Acrylic resintype has accounted for the highest share of the market and is expected to continue dominating the market duringthe forecast period.
- Incorporation of bio-based polyol components in water-borne adhesives is likely to provide opportunities for the market growth, in the future.
- Asia-Pacific is likely to account for the major market share, during the forecast period.
