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LONDON, GREATER LONDON, UK, July 23, 2019 /EINPresswire.com/ — The adhesives market expected to reach a value of nearly $92.9 billion by 2022, significantly growing at a CAGR of 9.0% during the forecast period. The growth in the adhesives market is due to increasing mergers and acquisitions (M&A) and emerging market growth.
However, the market for adhesives is expected to face certain restraints from several factors such as increasing interest rate and reduction in free trade.
The adhesives manufacturing market consists of the sales of adhesives, glues and caulking compounds by entities (organizations, sole traders or partnerships) that produce adhesives, glues and caulking compounds.
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The global adhesives market is further segmented based on type and geography.
By Type – The adhesives market is segmented into water-based, solvent-based, hot-melt-based, reactive & others. Among these segments, the water-based market accounts for the largest share in the global adhesives market.
By Geography – The global adhesives is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia Pacific region accounted for the largest region in the global adhesives market.
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Trends In The Adhesives Market
Adhesives are being developed to increase efficiencies of engineers and to increase assembly and processing speed. Since mechanical fasteners do not allow expansion or contraction of joined materials during temperature variations, adhesives are being used to accommodate movements caused by thermal expansion of substrates even after they are fully cured. Adhesives are being used to join composites instead of fasteners because drilling holes can damage composites which leads to loss of time and money.
Potential Opportunities In The Adhesives Market
With increase in technology development and increased demand in the automobile industry, the scope and potential for the global adhesives market is expected to significantly rise in the forecast period.
The top players in the Adhesives market include 3M, Henkel, Sika AG, Dow Chemical Co, BASF.
Adhesives Global Market Report 2019 is one of a series of new reports from The Business Research Company that provides adhesives market overviews, analyzes and forecasts adhesives market size and growth for the global adhesives market, adhesives market share, adhesives market players, adhesives market size, adhesives market segments and geographies, adhesives market trends, adhesives market drivers and adhesives market restraints, adhesives market’s leading competitors’ revenues, profiles and market shares. The adhesives market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Where To Learn More
Read Adhesives Global Market Report 2019 from The Business Research Company for information on the following:
Markets Covered: global adhesives market, water-based, solvent-based, hot-melt-based, and reactive & others. Among these segments, the water-based market accounts for the largest share in the global adhesives market.
Data Segmentations: adhesives market size, global and by country; historic and forecast size, and growth rates for the world, 7 regions and 12 countries
Adhesives Market Organizations Covered: 3M, Henkel, Sika AG, Dow Chemical Co, BASF.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Time Series: Five years historic (2014-18) and forecast (2018-21).
Other Information And Analyses: PESTEL analysis, adhesives market customer information, adhesives market product/service analysis – product examples, adhesives market trends and opportunities, drivers and restraints, key mergers and acquisitions, global adhesives market in 2019 – countries offering most new opportunities
Sourcing and Referencing: Data and analysis throughout the report are sourced using endnotes.
Strategies For Participants In The Adhesives Industry: The report explains a number of strategies for companies in the adhesives market, based on industry trends and company analysis.
Opportunities For Companies In The Adhesives Sector: The report reveals where the global adhesives industry will put on most $ sales up to 2022.
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