DUBLIN, May 18, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Asia Pacific Adhesives Market Outlook to 2020 - Driven by Rising Demand and Innovative Products " report to their offering.
The adhesives market of Asia has grown at a CAGR of 6.7%
Each segment in the adhesives market is subject to a gamut of different factors such as competitive prices, usage, bonding capacity and number of players in the market which play an important role in determining their respective revenues.
In developed markets of the Asia-Pacific region, including countries such as Japan and China, the offerings from the market players are expected to be diverse, focused mainly on environmental friendly adhesives. Additionally, the market is predicted to witness expansion in terms of the new and innovative adhesives because of rising usage in different industries such as construction, packaging, medical and others. The Asia-Pacific adhesives market is expected to grow at a CAGR of 7.8% from 2015-2020 on account of increasing affluence of consumers towards usage of adhesives and better adhesives being produced in the recent years.
The Asia adhesives market is largely dominated by global manufacturers. Asia-Pacific adhesives revenue of 3M from sale of adhesive product have increased noticeably in 2014, making it the largest player in adhesives space.
Henkel was the second largest player in 2014. An inclination in the demand for environment friendly or Green Adhesives among people offers huge opportunity to adhesive manufacturers to deliver effective and better adhesive products in the market and thus contributing to higher revenue of adhesives market.
Key Topics Covered:
1. Global Adhesive Market Introduction
2. Asia Adhesive Market
3. India Adhesives Market Introduction
4. China Adhesive Market Introduction
5. Japan Adhesives Market Introduction
6. South Korea Adhesive Market Introduction
7. Snapshot of Taiwan Adhesives Market
8. Analyst Recommendations
- Anabond-Adhesives and Sealants
- BaehyunST Co Ltd
- Burim Chemicals
- Cemedine Company Limited
- H B Fuller
- Henkel Adhesive Technologies
- Hubei Huitian Adhesives Enterprise Co. Ltd
- Illinois Tool Works Inc.
- Moresco Corporation Limited
- Pidilite Industries
- Tonsan Adhesives
- Yasuhara Chemical Co. Ltd
For more information visit http://www.researchandmarkets.com/research/mqfzxr/asia_pacific
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SOURCE Research and Markets