Water-borne Adhesives Market Size (2024 - 2029)

The water-borne adhesives market is anticipated to experience growth, driven primarily by increasing demand from the packaging industry. Despite its limited application in high-end sectors posing a challenge, the market's expansion is supported by the dominance of acrylic resin types and the potential of incorporating bio-based polyol components. The Asia-Pacific region is expected to hold a significant portion of the market share during the forecast period.

Home Market Analysis Chemicals & Materials Research Adhesives and Sealants Research Adhesives Research Water borne Adhesives Research Water-borne Adhesives Market Market Size

Market Size of Water-borne Adhesives Industry

Water-Borne Adhesives Market Size
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

Water-Borne Adhesives Market Key Players

*Disclaimer: Major Players sorted in no particular order

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.

Water-borne Adhesives Industry Segmentation

The water-borne adhesives market report includes:

Resin Type
Acrylics
Polyvinyl Acetate (PVA) Emulsion
Ethylene Vinyl Acetate (EVA) Emulsion
Polyurethane Dispersions and CR (Chloroprene Rubber) Latex
Other Resin Types
End-user Industry
Building and Construction
Paper, Board, and Packaging
Woodworking and Joinery
Transportation
Healthcare
Electrical and Electronics
Other End-user Industries
Geography
Asia-Pacific
China
India
Japan
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Rest of the Europe
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa
Need A Different Region Or Segment?
Customize Now

Water-borne Adhesives Market Size Summary

The water-borne adhesives market is poised for significant growth, driven primarily by increasing demand from the packaging industry. These adhesives, which utilize water as a carrier or diluting medium, are gaining traction due to their eco-friendly and low-toxic properties, making them a preferred choice in construction chemicals. The construction sector's growing emphasis on green building practices and quality assurance is further propelling the adoption of water-borne adhesives. Despite their advantages, the market faces challenges due to limited applications in high-end sectors. However, the incorporation of bio-based polyol components presents new growth opportunities, particularly in the Asia-Pacific region, which is expected to maintain a dominant market share.

Asia-Pacific is the leading region in the water-borne adhesives market, with China and India at the forefront of consumption. The region's dominance is attributed to the rapid expansion of the packaging industry in China and substantial growth in the construction and packaging sectors in India, fueled by government investments. The market is characterized by its fragmented nature, with several key players such as 3M, Henkel AG & Co. KGaA, H.B. Fuller Company, Arkema, and Sika AG competing for market share. The shift towards flexible packaging in Asia-Pacific is anticipated to offer further growth opportunities, reinforcing the region's market leadership during the forecast period.

Explore More

Water-borne Adhesives Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand from Packaging Industry

      2. 1.1.2 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Limited Usage in High-end Applications

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Resin Type

      1. 2.1.1 Acrylics

      2. 2.1.2 Polyvinyl Acetate (PVA) Emulsion

      3. 2.1.3 Ethylene Vinyl Acetate (EVA) Emulsion

      4. 2.1.4 Polyurethane Dispersions and CR (Chloroprene Rubber) Latex

      5. 2.1.5 Other Resin Types

    2. 2.2 End-user Industry

      1. 2.2.1 Building and Construction

      2. 2.2.2 Paper, Board, and Packaging

      3. 2.2.3 Woodworking and Joinery

      4. 2.2.4 Transportation

      5. 2.2.5 Healthcare

      6. 2.2.6 Electrical and Electronics

      7. 2.2.7 Other End-user Industries

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 ASEAN Countries

        6. 2.3.1.6 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 France

        3. 2.3.3.3 United Kingdom

        4. 2.3.3.4 Italy

        5. 2.3.3.5 Rest of the Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle-East and Africa

Water-borne Adhesives Market Size FAQs

The Water-borne Adhesives Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

3M, Henkel AG & Co. KGaA, H.B. Fuller Company., Sika AG and Arkema are the major companies operating in the Water-borne Adhesives Market.

Water-borne Adhesives Report Snapshots

Water-borne Adhesives Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)