Waterborne Adhesives Market
eco-friendly , these are used in various industrial and commercial sectors . The factor that is hampering the market growth is its complex formulation . In comparison to solvent-based adhesives , waterborne adhesives ’ formulation process is highly complex .
Global Waterborne Adhesives Market : Regional Analysis
Asia Pacific is the dominating market for waterborne adhesives owing to the growth of automotive , packaging , and construction industry . The developing countries such as India , Brazil , and China are driven by the automotive industry , giving a boost to the waterborne adhesives market . Along with being the dominant market , Asia Pacific is also the largest producer of waterborne adhesives . China is the country that owns the majority of the production plants owing to the availability of the raw materials and low production cost . North America stands second in the waterborne adhesives market growth . The demand for the waterborne adhesives is primarily in the packaging and automotive industry . Europe stands third in the market in terms of consumption but is second in the production of the waterborne adhesives . The European environmental agencies support the applications of waterborne adhesives as they are less hazardous to the environment .
Global Waterborne Adhesives Market : Competitive Players
Some of the key companies operating in the waterborne adhesives market include Bayer , The Dow Chemical Company , H . B . Fuller , Adhesives Research Inc ., Ashland Inc ., Bostik Inc ., Cyberbond LLC ., Super Glue Corporation , Henkel Corporation , BASF SE , Sika AG , 3M , Adco Inc ., Avery Dennison Corporation , Beardow & Adams Ltd ., Dymax Corporation , and Momentive Specialty Chemicals .