NEW YORK, Oct. 7, 2021 /PRNewswire/ -- The global industrial adhesives market size is expected to grow by USD 16.98 billion between 2021 and 2025, accelerating at a CAGR of almost 6% during the forecast period, according to Technavio.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Arkema SA, Ashland Global Holdings Inc., Avery Dennison Corp., BASF SE, DuPont de Nemours Inc., H.B. Fuller Co., Henkel AG and Co. KGaA, Hexcel Corp., and Solvay SA are some of the major market participants. Although the increasing replacement of mechanical fasteners with industrial adhesives and rise in demand for lightweight and low carbon emission vehicles will offer immense growth opportunities, rise in price of industrial adhesives will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Industrial Adhesives Market 2021-2025 : Segmentation
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Industrial Adhesives Market 2021-2025 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial adhesives market report covers the following areas:
This study identifies the growing requirement for packaged food and beverage as one of the prime reasons driving the industrial adhesives market growth during the next few years.
Industrial Adhesives Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Industrial Adhesives Market. with competitive intelligence and benchmarking, our research reports on the Industrial Adhesives Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Industrial Adhesives Market 2021-2025: Key Highlights
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Industrial Adhesives Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of almost 6% |
Market growth 2021-2025 |
$ 16.98 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.11 |
Regional analysis |
APAC, North America, Europe, MEA, and South America |
Performing market contribution |
APAC at 47% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
3M Co., Arkema SA, Ashland Global Holdings Inc., Avery Dennison Corp., BASF SE, DuPont de Nemours Inc., H.B. Fuller Co., Henkel AG and Co. KGaA, Hexcel Corp., and Solvay SA. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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