The acrylic adhesives market forecast is based on key product positioning and by closely monitoring the top contenders within the framework of the global industry.
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Progressive Markets added a report titled, "Acrylic Adhesives Market- Size, Trend, Share, Opportunity Analysis, and Industry Forecast, 2014-2025". As per the findings of the study carried out by core industry experts, the global acrylic adhesives market is expected to grow at a considerable CAGR during the forecast period, 2017-2025.
Acrylic adhesives, commonly used to bond several materials ranging from plastics, rubber, metals, wood, to glass and ceramics, are obtained from solutions of polyacrylates or from monomeric esters. The polyacrylate solutions found in inert organic solvents, monomers, or in mixtures of solvents and monomers.
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The physical, mechanical, and chemical properties of adhesive acrylics such as the elasticity and viscosity of hardened compositions, resistance to change in the temperature, and the strength of bonding can be improved with the addition of several modifiers such as butadiene, cellulose esters, styrene, vinyl acetate, rubbers, epoxy resins, plasticizers, urea-formaldehyde, and phenol-formaldehyde to acrylic adhesives. These adhesives are used in the textile and paper industry, for producing non-woven materials and paper packaging materials used to attach labels.
They are also used in applications that involve printing. Acrylic adhesives are an ideal choice for applications that demand superior performance under prolonged exposure to UV rays, owing to their high resistance to raised temperatures.
Drivers & Restraints:
The acrylic adhesives market survey presents a comprehensive analysis of the key market dynamic factors, that include drivers, restraints, and opportunities available in the global market. The electronics industry has witnessed a surge in demand for miniaturization and automation to improve the degree of accuracy and increase the efficiency, thus fueling the need for advanced materials such as acrylic adhesives.
Another major factor driving the growth of the global acrylic adhesives industry is the rise in the adoption of these adhesives in the automotive, construction, and other end-user industries. However, the stringent regulations imposed on the use of adhesives is expected to restrict the growth of the market.
In addition, the highly volatile nature of the prices of raw materials hinders the overall development of the acrylic adhesives market.
The acrylic adhesives industry report analyzes the market based on three key segments- type, application, and the geography. The types of acrylic adhesives include cyanoacrylic, UV curable acrylic, acrylic polymer emulsion, and methacrylic.
These adhesives find applications in various sectors such as woodworking, paper & packaging, construction, consumer, transportation, medical, electrical & electronics, and others such as signage, bookbinding, and leather & footwear. Based on the geography, the potential of the market is analyzed across the regions of Asia-Pacific, Europe, North America, and Europe.
The acrylic adhesives market share analysis for the period 2014–2025 is provided for each of the aforesaid market segments.
The leading players in the acrylic adhesives market include Bostik Sa, Henkel AG & Company, Illinois Tool Works Inc., H.B. Fuller, Sika AG, Toagosei Co., Ltd., Huntsman Corporation, Avery Dennison Corporation, Pidilite Industries, and 3M Company.
Information such as company overview, financials, and business segments, and the recent developments in the industry, enable the entry-level organizations to make informed decisions, gain maximum profit on their investments and account for a significant acrylic adhesives market size.
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Key Benefits of the report:
The report profiles the key players in the global acrylic adhesives market and thoroughly analyzes the winning strategies adopted by them, thus assisting the market players in gauging the competitive outlook of the global acrylic adhesives market. Quantitative and qualitative analysis of the market provides an overview of the current and emerging trends and helps in identifying the prevailing opportunities for new entrants to grow.
Vital statistics, figures, and tables are included to add credibility to the information presented in the report. The report evaluates the potential of the market in terms of revenue and profitability and determines the market attractiveness.
Descriptive tables and figures illustrate the market value of every market segment based on the geographical boundaries.
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