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The global adhesives market is expected to grow from $58.35 billion in 2020 to $62.44 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $75.25 billion in 2025 at a CAGR of 5%.
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The adhesives 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. The adhesives market is segmented into water-based adhesives; solvent-based adhesives; hot-melt-based adhesives and reactive & other adhesives.
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The adhesives market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the adhesives market are 3M, Henkel, Sika AG, Dow Chemical Co, BASF.
The global adhesives market is segmented –
1) By Type: Water-Based Adhesives, Solvent-Based Adhesives, Hot-Melt-Based Adhesives, Reactive & Other Adhesives
2) By Application: Packaging, Construction, Laminates, Woodstock and Furnishing, Automobile, Footwear, Others
3) By Product Type: Acrylic, PVA, Polyurethanes, Styrenic Block, Epoxy, EVA, Others
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The adhesives market report describes and explains the global adhesives market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The adhesives report evaluates the market across each region and for the major economies within each region.
The countries covered in the global adhesives market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global adhesives market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Adhesives Market Characteristics
- Adhesives Market Product Analysis
- Adhesives Market Supply Chain
- Key Mergers And Acquisitions In The Adhesives Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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