According to the current analysis of Reports and Data, The global U.S. Water-Based Adhesive market was valued at USD 15.08 Billion in 2018 and is expected to reach USD 23.35 Billion by the year 2026, at a CAGR of 5.6%. U.S. Water-Based Adhesive market is expected to witness for significant growth during the forecast period owing to its useful application in several end-use industries. Additionally, A rise in environmental and safety issues has further enhanced the growth of the market as the U.S. Water-Based Adhesive is low in VOC.
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Top Lading Players: Henkel AG Company, KGaA, Arkema, Sika AG, H.B. Fuller Company, DowDupont, 3M, DIC Corporation, Ashland Inc., Akzo Nobel N.V., and PPG Industries, Inc. and among others.
Some Key Highlights from the Report:
- S. Water-Based Adhesive market is growing at a CAGR of 6.3 %in Asia Pacific followed by North America and Europe, with 5.4 % and 5.1 % CAGR, respectively. High U.S. Water-Based Adhesive demand across the globe is the key factor to accelerate the market growth during forecast period across all regions.
- As of 2018, PAE segment is the dominating of U.S. Water-Based Adhesive market, which holds 27.5% of the global market. The rising demand and new technologies have boosted the market of the U.S. Water-Based Adhesive.
- VAE segment of the U.S. Water-Based Adhesive market is expected to be the fastest-growing market segment during the forecast period 2019-2026 with a CAGR of 6.9%.
- Based on application, Tapes and tables segment of the U.S. Water-Based Adhesive market was valued at USD 2.63 billion and is expected reach USD 4.44 billion by 2026 and also exhibit the highest CAGR of 6.7% in the forecasts period.
- Increasing per capita consumption, significant growth in industrialization in the emerging region is estimated to boost the building and construction segment of the U.S. Water-Based Adhesive market. The sector is expected to hold more than one-third of market value share in the global market and is expected to dominate the same during the forecast period.
- The Asia Pacific region is expected to account for approximately one-third of market value share in the global U.S. Water-Based Adhesive market during the forecast period followed by North America and Europe.
Segments covered in the report:
Resin Type (Revenue in USD Million; 2016–2026)
- Acrylic Polymer Emulsion (PAE)
- Polyvinyl Acetate (PVA) Emulsion
- Vinyl Acetate Ethylene (VAE) Emulsion
- Styrene Butadiene (SB) Latex
- Polyurethane Dispersion (PUD)
Application (Revenue in USD Million; 2016–2026)
- Tapes Labels
- Paper Packaging
- Building Construction
- Woodworking
- Automotive Transportation
- Others (consumer DIY, leather footwear, sports leisure, and assembly)
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Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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