Market Research Reports - Ken Research Global Packaging Adhesive Industry Overview

Global Adhesive Market to Nurture Majorly through Asia-Pacific’s Success: Ken Research
To bind two separate items together and resist their separation, adhesive is applied to one
surface or both surfaces. Glues, cements, mucilage or pastes are the substances which can be
used in place of adhesives. Manufacturing adhesives, glue and caulking compounds are the
primary sources in which the adhesives industry is engaged.
In many regions, there has been a stronger market presence by many adhesive companies due
to increase in mergers and acquisitions. For instance, Adhesive Systems Inc. has been acquired
by Royal Adhesives & Sealants LLC in 2016 and ultimately benefited the market on a whole.
Water-based, solvent-based, hot melted-based and reactive & others are the segmentation on
the basis of technology of global adhesives market. On the basis of application the global
adhesive market is segmented into building and construction, paper and packaging,
transportation, leather and footwear and furniture. Global adhesive market has been
dominated by building and construction segment and it is expected that this segment will
continue to dominate the market till 2020. Due to urbanization and growth in middle class
population the market is dependent on construction segment which will boost the growth.
According to the report, “Adhesives Market Global Report 2017”, in 2016, with around 63% of
market share, Asia has accounted to be the largest region of global adhesives market. Due to
economic growth and large population, Asia became the largest region. With 24% of market
share, America holds the second largest region all around the globe in adhesive market
followed by Europe with 10% market share.
The global adhesive market is highly fragmented by lots of multinational players as well as
regional players. The market is less capital intensive and competitive in nature. Automotive
assembly, transportation, personal care, packaging, labelling and electronics are included as
industrial customers in the market. 3M, Arkema, Dow, H.B. Fuller and Henkel are the leading
vendors in global adhesive and sealants market.
The use of eco-friendly products has been done continually in construction by manufacturers
and end-users, which has led to a growth in demand for bio-adhesive. It is one of the recent
developments which is not only used in construction but also used in automotive applications
and pharmaceutical packaging.
Till 2020, the market of global adhesives is estimated to reach USD 105 billion. An increase in
global adhesives mergers and acquisitions (M&A) is anticipated which will lead to growth in the
market in future years. There will be a stronger corporate balance sheet, liquid debt market and
favorable interest rate of mergers and acquisitions because many adhesive companies have
been observed pursuing their mergers in the beginning of 2017.
Due to huge competition among the various players in the market and some adhesives being
prone to threat to the environment, the market may observe growth at a sluggish rate. But
because of the rate of growth of GDP in Asia Pacific region and expected tremendous growth in