Global Solvent-Based Adhesives Market 2019 – 2023 Forecast

Global Solvent-Based Adhesives Market 2019 - 2023 Forecast

“Solvent-Based Adhesives Global Market Report 2020”
DowDuPont Is One Of The Largest Companies In The Solvent-Based Adhesives Market, According To TBRC’s Report
(Companies: 3M, Alfa International Corporation, Arkema Group (Bostik SA), Ashland Inc., Avery Dennison Corp., Everad Adhesives SAS, DowDuPont, H.B. Fuller Company, Henkel AG & Co. KGaA, and Huntsman Corp)

The global solvent-based adhesives market was worth $10.4 billion in 2019. The solvent-based adhesives market in Asia Pacific is forecasted to register the highest growth rate during 2018-2023.

The solvent-based adhesives market consists of sales of solvent-based adhesives that are formulated on an elastomer dissolved in a solvent, or phenolic/formaldehyde resins dissolved in a solvent. The solvent-based adhesive market covered in this report is segmented by type into polyurethane, styrenic block, and ethyl vinly acetateeva.

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The global solvent-based adhesives market is expected to grow at a rate of about 6.3% and reach $13.4 billion by 2023. The solvent-based adhesives market is expected to benefit from growth in the automobile manufacturing industry during the forecast period. There is a drive for production of lightweight automobiles, which is leading to an increase in demand for adhesives and sealants. These adhesives and sealants are used in place of welded joints, mechanical fasteners and gaskets and help reduce the weight of the automobile. Thus, the rising demand for lightweight automobiles is expected to increase the demand for solvent-based adhesives during the forecast period.

Stringent safety regulations associated with manufacturing and transportation of adhesive chemicals is acting as a restraint on the market.

Companies in the solvent-based adhesives market are adopting IoT (Internet of Things) technologies to connect equipment, smart devices to gather real time insights and optimize the manufacturing process. The data obtained is processed, analyzed and interpreted by plant managers and senior level management to improve quality and achieve optimum production levels.

Major players in the market are 3M, Alfa International Corporation, Arkema Group (Bostik SA), Ashland Inc., Avery Dennison Corp., Everad Adhesives SAS, DowDuPont, H.B. Fuller Company, Henkel AG & Co. KGaA, and Huntsman Corp.

DuPont is an American company formed by the merger of Dow Chemical and DuPont on August 31, 2017, and then subsequent spinoffs of Dow Inc. and Corteva. Prior to the spinoffs, it was the world’s largest chemical company in terms of sales.

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Few Points From Table of Contents: 

2. Solvent-Based Adhesives Market Characteristics

3. Solvent-Based Adhesives Market Size And Growth

3.1. Global Solvent-Based Adhesives Historic Market, 2015 – 2019, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global Solvent-Based Adhesives Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. Solvent-Based Adhesives Market Segmentation

4.1. Global Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

PolyurethanePU

Styrenic Block

Ethyl Vinly AcetateEVA

4.2. Global Solvent-Based Adhesives Market, Segmentation By End Use Industry, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Paper and Packaging

Building and Construction

Woodworking

Automotive and Transportation

Others

5. Solvent-Based Adhesives Market Regional And Country Analysis

5.1. Global Solvent-Based Adhesives Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global Solvent-Based Adhesives Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

6. Asia-Pacific Solvent-Based Adhesives Market  

6.1. Asia-Pacific Solvent-Based Adhesives Market Overview  

6.2. Asia-Pacific Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

7. China Solvent-Based Adhesives Market  

7.1. China Solvent-Based Adhesives Market Overview  

7.2. China Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion 

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