Waterborne Adhesives Market
Global Waterborne Adhesives Market: Segmentation
The global waterborne adhesives market is segmented into its application, polymer type, product type, and regions. On the basis of application, the water borne adhesives market is broadly categorized into book binding, bag manufacturing, tapes, paper lamination, wood assembly, flooring and construction, lap paste for cans and bottles, and others. Depending on the polymer type the global market is divided into natural polymers and synthetic polymers. Based on the product type, the waterborne adhesives market is segmented into latex, polyvinyl acetate( PVA), acrylics, ethylene vinyl acetate( EVA), and polyurethane( PU). The market is diversified into regions such as Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.
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Global Waterborne Adhesives Market: Growth Factors
The major factor driving the waterborne adhesives market is the growing demand of the packaging industry. They are used in packaging tapes, flexible laminations, label applications, office tapes, and food packaging owing to the resistance to heat and chemicals. As waterborne adhesives are non-reactive by nature, they are preferred in food packaging industry. The automotive industry is growing rapidly in the regions and waterborne adhesives are used in the interior structures of the automobiles, hence contributing to the market growth. The advancement in the production of waterborne adhesives and the bio-based waterborne adhesives are providing great opportunities for the market growth. As waterborne adhesives have properties such as high solid content, high adhesion properties, low toxicity, and are also