#Acrylic Adhesives Market Demand

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Pressure Sensitive Adhesives Market-Industry Forecast, 2024–2030.

Pressure Sensitive Adhesives Market Overview

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The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.

Impact of Covid-19

The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.

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Report Coverage

The: “Pressure Sensitive Adhesives Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.

By Formulation: Water-based, Solvent-based, Hot Melt, Others

By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others

By Application: Tapes, Labels, Graphics, and Others

By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

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Key Takeaways

Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia.

Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.

Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.

Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.

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Pressure Sensitive Adhesives Market Segment Analysis- By Resin Type

Acrylic resin held the largest share in the pressure sensitive adhesives market in 2020. Acrylic PSAs are widely employed in a variety of applications due to the saturated nature of the polymer and its subsequent oxidation resistance. Also, the acrylic PSAs have good physical properties in general for a wide range of long-term exterior applications. Owing to its attractive properties such as non-flammable, easy to handle, low level of contamination, little tendency to migrate, good resistance to sunlight, oxygen and heat, and offer adhesion, cohesion and tack, the demand for acrylic resins is anticipated to rise. With the increasing demand for acrylic resin, the market for pressure sensitive adhesives will also increase, which will further drive the market growth in the forecast period.

Pressure Sensitive Adhesives Market Segment Analysis- By Application

Tapes held the largest share in the pressure sensitive adhesives market in 2020. Rising demand for tapes owing to its low cost and ease of use when compared to traditional methods is estimated to uplift the growth of the market. Due to the advantageous properties of pressure sensitive adhesives tapes such as reduced assembly time, vibration dampening and noise reduction eliminates the need for surface refinishing, and others has raised the demand for these tapes in various end use industries. Moreover, pressure sensitive adhesive tapes do not require the use of a water, solvent, or heat to activate. The amount of pressure used to apply the adhesive to the surface has a direct impact on the bond. Rising demand for polypropylene tapes owing to its flexibility and strength, and good low temperature characteristics will further drive the market growth. Thus, rising demand and production for pressure sensitive adhesives tapes is estimated to drive the pressure sensitive adhesives market growth over the forecast period.

Pressure Sensitive Adhesives Market Segment Analysis- By End Use Industry

The packaging sector held the largest share in the pressure sensitive adhesives market in 2020 and is projected to grow at a CAGR of 6% during the forecast period 2021–2026. There are two types of packaging namely flexible and rigid, pressure sensitive adhesives (PSAs) are used in these packaging depending on the application’s suitability. These adhesives are used in the packaging of electronics and electrical devices, hygiene and medical packaging, drug delivery packaging, construction sector transit packaging, automotive-related logistics packaging, and consumer and industrial goods packaging, among others. Furthermore, the increasing use of packaging tapes such as polypropylene tapes in a variety of applications including packaging transport, cartons, goods, warehousing, and logistics is estimated to uplift the market growth. PSAs are used in packaging sectors to improve consumer appeal through graphics. Therefore, the pressure sensitive adhesives market is estimated to see an upsurge over the forecast period with the growing packaging industry.

Pressure Sensitive Adhesives Market Segment Analysis– By Geography

The Asia Pacific region held the largest share of more than 39% in the pressure sensitive adhesives market in 2020. Globally, the region’s growth in the market is mainly due to strong economic growth and heavy investments in the packaging, construction, automotive, and electronic industries. Also, the rising adoption of various resins such as polyisobutene, silicone polymers, and elastomers in emerging economies has uplifted the market growth. APAC is increasing in importance as a worldwide trade and business hub. The market for pressure sensitive adhesives is expected to rise as government investments in many medical and electronic projects increase in countries such as China, India, Japan, and South Korea. The Union Cabinet authorized the production-linked incentive (PLI) plan in ten critical industries (including electronics and white products) on November 11, 2020, in order to strengthen India’s manufacturing capabilities, increase exports, and promote the “Atmanirbhar Bharat” program as per the India Brand Equity Foundation. Thus, such initiatives taken by the government for new projects will raise the demand for pressure sensitive adhesives market in the forecast period.

Pressure Sensitive Adhesives Market Drivers

Increasing Demand for Bio-based Pressure Sensitive Adhesives

Plant-derived resources are used as a raw material in bio-based PSAs. The biomass content of a bio-based material used in an adhesive product is expressed as a percentage (dry weight basis). Also, the bio-based PSAs are considered “carbon neutral” because their plant-derived raw materials absorb the same amount of CO2 during production as they emit when incinerated at the end of product life. Additionally, there is no overall increase in greenhouse gases that can cause global warming, resulting in significantly lower CO2 emissions when compared to traditional, purely petroleum-based formulations. Furthermore, most of the raw materials used for conventional PSAs are derived from fossil fuels, which are limited in supply. Bio-based PSAs can help reduce the demand for petroleum sources by replacing them with renewable plant-based materials. Thus, due to the above mentioned factors the demand for bio-based PSAs is predicted to rise, which would further drive the growth of the pressure sensitive adhesives in the projected period.

Rising Demand from the Electronics Industry will Lead Towards the Growth of the Market

For shock absorption, thermal and electrical conductivity, electromagnetic shielding, and optical characteristics, among other factors, pressure-sensitive adhesives (PSA) are increasingly being utilized in the electronics industry. Because of its high transparency, weather resilience, heat resistance, and adhesion strength, acrylic and synthetic rubber PSA composed of hydrogenated hydrocarbon resin is widely used in the display, mobile phones, and automotive applications. PSA also provides higher processability than liquid-type adhesives since it can stick to three-dimensional substrates without the need for a hardening process. With the development of new innovative products the market for pressure sensitive adhesives is estimated to rise. For instance, in 2020 DELO has developed adhesives that has similar properties to (double-sided) adhesive tapes but is applied in liquid form and that can be extensively used in the electronic applications such as smartphone speakers or display frames. Growing demand of pressure sensitive adhesives in the electronics industry is therefore expected to drive market growth during the forecast era.

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Pressure Sensitive Adhesives Market Challenges

Low Adhesive Strength will Hamper the Market Growth

The main challenges faced by the pressure sensitive adhesives (PSAs) are that the adhesive strength (shear and peel) is low and that it is generally sensitive to high temperatures and solvents. As a result, most pressure sensitive adhesives are unsuitable for high strength or structural applications. They are frequently used with substrates that are relatively weak, such as paper or film. Pressure sensitive adhesives are also unsuitable for rough surfaces and are relatively costly in terms of cost per bond area. Thus, due to the above mentioned properties the market growth for pressure sensitive adhesives (PSAs) is estimated to face challenges in the upcoming years.

Pressure Sensitive Adhesives Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the pressure sensitive adhesives market. Major players in the pressure sensitive adhesives market are Henkel AG & Company KGAA, Arkema Group, The Dow Chemical Company, H.B. Fuller, Avery Dennison Corporation, Sika AG, 3M Company, Scapa Group, and Ashland Inc., among others.

Acquisitions/Technology Launches

In May 2021, with the planned acquisition of Edge Adhesives Texas, a complementary asset in pressure sensitive adhesives and hot-melt adhesive tapes for residential construction, Arkema Group increased its Bostik offering of high performance adhesives in the United States.

Key Market Players:

The Top 5 companies in the Pressure Sensitive Adhesives Market are:

Henkel AG & Co., KGaA.

Arkema Group

Dow Chemical Company

H.B. Fuller

Sika AG

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High-Performance Adhesives Market market Forecast By Industry Outlook By Forecast Period 2024

The global High-Performance Adhesives Market Size was valued at USD 34 billion in 2024 and is projected to reach from USD 35.16 billion in 2025 to USD 45.94 billion by 2033, growing at a CAGR of 3.4% during the forecast period (2025-2033).

The latest Global High-Performance Adhesives Market by straits research provides an in-depth analysis of the High-Performance Adhesives Market, including its future growth potential and key factors influencing its trajectory. This comprehensive report explores crucial elements driving market expansion, current challenges, competitive landscapes, and emerging opportunities. It delves into significant trends, competitive strategies, and the role of key industry players shaping the global High-Performance Adhesives Market. Additionally, it provides insight into the regulatory environment, market dynamics, and regional performance, offering a holistic view of the global market’s landscape through 2032.

Competitive Landscape

Some of the prominent key players operating in the High-Performance Adhesives Market are 

Henkel AG & Co.

KGaA

B. Fuller

Bostik SA

3M Company

Avery Dennison Corporation

Delo Industrial Adhesives LLC

Sika AG

Ashland Global Specialty Chemicals Inc

Wacker Chemie AG

Jowat SE.

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The High-Performance Adhesives Market Research report delivers comprehensive annual revenue forecasts alongside detailed analysis of sales growth within the market. These projections, developed by seasoned analysts, are grounded in a deep exploration of the latest industry trends. The forecasts offer valuable insights for investors, highlighting key growth opportunities and industry potential. Additionally, the report provides a concise dashboard overview of leading organizations, showcasing their effective marketing strategies, market share, and the most recent advancements in both historical and current market landscapes.Global High-Performance Adhesives Market: Segmentation

The High-Performance Adhesives Market segmentation divides the market into multiple sub-segments based on product type, application, and geographical region. This segmentation approach enables more precise regional and country-level forecasts, providing deeper insights into market dynamics and potential growth opportunities within each segment.

By Product

Acrylic

Polyurethane

Epoxy

Silicone

Others

By Technology

Water-Based

Solvent-Based

Hot Melt

Reactive

Others

By End-Use Industry

Construction

Packaging

Transportation

Electrical & electronics

Medical

Others

Stay ahead of the competition with our in-depth analysis of the market trends!

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Market Highlights:

A company's revenue and the applications market are used by market analysts, data analysts, and others in connected industries to assess product values and regional markets.

But not limited to: reports from corporations, international Organization, and governments; market surveys; relevant industry news.

Examining historical market patterns, making predictions for the year 2022, as well as looking forward to 2032, using CAGRs (compound annual growth rates)

Historical and anticipated data on demand, application, pricing, and market share by country are all included in the study, which focuses on major markets such the United States, Europe, and China.

Apart from that, it sheds light on the primary market forces at work as well as the obstacles, opportunities, and threats that suppliers face. In addition, the worldwide market's leading players are profiled, together with their respective market shares.

Goals of the Study

What is the overall size and scope of the High-Performance Adhesives Market market?

What are the key trends currently influencing the market landscape?

Who are the primary competitors operating within the High-Performance Adhesives Market market?

What are the potential growth opportunities for companies in this market?

What are the major challenges or obstacles the market is currently facing?

What demographic segments are primarily targeted in the High-Performance Adhesives Market market?

What are the prevailing consumer preferences and behaviors within this market?

What are the key market segments, and how do they contribute to the overall market share?

What are the future growth projections for the High-Performance Adhesives Market market over the next several years?

How do regulatory and legal frameworks influence the market?

About Straits Research

Straits Research is dedicated to providing businesses with the highest quality market research services. With a team of experienced researchers and analysts, we strive to deliver insightful and actionable data that helps our clients make informed decisions about their industry and market. Our customized approach allows us to tailor our research to each client's specific needs and goals, ensuring that they receive the most relevant and valuable insights.

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Stick with Confidence: The Power of Construction Adhesive Tapes

The global construction adhesive tapes market is projected to expand steadily, driven by the increasing demand for efficient and durable bonding solutions in construction projects. According to the report, the market was valued at around USD 2,400 million in 2022 and is expected to reach nearly USD 3,200 million by 2028, with a compound annual growth rate (CAGR) of approximately 5% over the forecast period from 2022 to 2028.

What are Construction Adhesive Tapes?

Construction adhesive tapes are specialized tapes designed to withstand the rigorous demands of construction environments. They provide strong adhesion, durability, and resistance to various environmental conditions, making them ideal for applications in both residential and commercial building projects. These tapes are used in bonding, sealing, and protecting surfaces, as well as for insulation and weatherproofing purposes.

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Key Market Drivers

Several factors contribute to the growing demand for construction adhesive tapes:

Rising Construction Activities: The growth in infrastructure projects, particularly in emerging economies, is a primary driver of demand for adhesive tapes in construction. With the increase in residential, commercial, and industrial building projects, the need for reliable bonding solutions is on the rise.

Shift Towards Sustainable Building Solutions: Eco-friendly adhesive tapes with low volatile organic compound (VOC) emissions are gaining popularity as the construction industry increasingly adopts sustainable practices. These tapes contribute to healthier indoor air quality and comply with environmental regulations.

Advancements in Tape Technology: Technological improvements in adhesive tapes, such as enhanced bonding strength, durability, and resistance to temperature and moisture, are expanding their applications in construction. Innovations like double-sided tapes and high-performance acrylic tapes are also driving adoption.

Increasing Use in Prefabricated Buildings: The trend towards prefabricated and modular construction is another factor boosting the demand for adhesive tapes. In such structures, tapes are widely used for bonding and assembly, which simplifies construction processes and reduces labor costs.

Regional Analysis

North America: The North American market is experiencing steady growth, supported by advancements in construction practices and a rising preference for sustainable building materials. The U.S. is a significant contributor to market demand, driven by investments in residential and commercial building projects.

Europe: Europe has a well-established construction industry with a focus on sustainability and energy efficiency. Countries like Germany, France, and the U.K. are witnessing growing adoption of eco-friendly adhesive tapes, supported by strict building regulations and energy standards.

Asia-Pacific: The Asia-Pacific region is expected to witness the highest growth, driven by rapid urbanization, infrastructure development, and government investments in affordable housing projects. Countries like China, India, and Southeast Asian nations are major markets due to ongoing construction projects.

Latin America and Middle East & Africa: These regions are also contributing to market growth, particularly with infrastructure development initiatives. Countries in the Middle East are investing in construction projects for tourism and economic diversification, while Latin American nations focus on residential and commercial building projects.

Competitive Landscape

The global construction adhesive tapes market is highly competitive, with several prominent players offering a range of products. Key companies include:

3M Company: Known for its wide range of adhesive solutions, 3M provides high-performance construction tapes suited for various applications, including bonding, sealing, and protection.

Avery Dennison Corporation: This company offers durable adhesive tapes with advanced properties, catering to the diverse requirements of the construction industry.

Tesa SE: Tesa provides high-quality adhesive tapes designed for indoor and outdoor construction applications, including weather-resistant and double-sided tapes.

Henkel AG & Co. KGaA: Henkel is a leader in adhesive technologies, offering eco-friendly construction tapes that meet industry standards for sustainability.

Saint-Gobain S.A.: Known for its building materials expertise, Saint-Gobain manufactures adhesive tapes that are widely used in construction, especially for insulation and weatherproofing.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-construction-adhesive-tapes-market

Challenges and Opportunities

The construction adhesive tapes market faces several challenges, such as fluctuations in raw material prices and competition from alternative fastening solutions like mechanical fasteners and liquid adhesives.

However, opportunities for growth remain strong, particularly in eco-friendly and specialized adhesive tape solutions. Companies that focus on product innovation, compliance with environmental standards, and customer-centric solutions are well-positioned to capitalize on market trends.

Conclusion

The global construction adhesive tapes market is poised for steady growth, with projections indicating an increase from around USD 2,400 million in 2022 to nearly USD 3,200 million by 2028. This growth is fueled by rising construction activities, advancements in adhesive technology, and an increased focus on sustainable building practices. As construction projects continue to evolve, construction adhesive tapes will remain essential for enhancing efficiency, durability, and sustainability in the industry.

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Key Drivers Behind the Growth of the Waterborne Coatings Market

The global waterborne coatings market was valued at USD 57.67 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. This growth is primarily driven by an increase in construction activities worldwide. The surge in construction, fueled by rapid industrialization and urbanization, is expected to elevate the demand for waterborne coatings during the forecast period. There is a notable shift in coating preferences from low or high-volatility organic solvents to completely solvent-free options, which produce fewer emissions. This trend is likely to further boost the demand for waterborne coatings in both residential and commercial applications. Interior and exterior wall paint formulations predominantly use waterborne coatings, often based on acrylate/styrene dispersions. Manufacturers are concentrating on reducing the average binder requirement in these formulations by 8–12%, ensuring that the performance characteristics remain intact. Additionally, alkyd-based waterborne coatings are favored by many interior decorators due to their ease of application, glossy finish, and superior adaptability to climatic variations during application and drying.

The anticipated increase in automobile production capacities, along with innovations in design and aesthetics, is expected to be a significant driver of market growth in automotive applications. The rise in automobile production is projected to be fueled by population growth and increasing per capita disposable income, particularly in the emerging economies of the Asia Pacific and Latin America regions.

Gather more insights about the market drivers, restrains and growth of the Waterborne Coatings Market

Resin Insights

The acrylic resin segment led the market, capturing the largest revenue share of 83.4% in 2022. The rising demand from the infrastructure and automotive sectors, particularly due to the durability and glossy color retention of acrylic coatings under outdoor exposure, is expected to boost the demand for acrylic waterborne coatings. The need for acrylic resin-based coatings is anticipated to increase significantly in the foreseeable future, driven by expanding applications in radiation curing and electrodeposition.

In the transportation sector, there is a growing need for refinishing coatings for aircraft, automobiles, ships, railroads, and trucks, which is likely to enhance the demand for polyurethane (PU) coatings. These coatings are popular due to their properties such as abrasion resistance, toughness, and chemical and weather resistance. Stricter government regulations aimed at reducing volatile organic compound (VOC) emissions, combined with a shift in consumer preferences towards waterborne coatings over solvent-based alternatives, are significant factors propelling product demand. PU coatings are available in various forms, including oil-modified, two-component, moisture-curing, and lacquers. The rising demand for PU coatings across diverse end-use industries, such as electrical coils and automotive manufacturing, is expected to positively impact segment growth.

Furthermore, the increasing demand for ultra-low VOC, low-odor epoxy resin-based coatings in the transportation sector and DIY flooring applications is projected to drive segment growth during the forecast period. Epoxy coatings are known for their strong adhesion and anti-corrosion properties, making them suitable for metal surface primers. These coatings are also extensively used in electrical insulation applications due to their high heat resistance. The rapidly expanding electrical insulation industry is likely to support the growth of the epoxy coatings segment in the coming years.

Order a free sample PDF of the Waterborne Coatings Market Intelligence Study, published by Grand View Research.

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The Growing Structural Adhesives Market: Key Trends and Future Outlook

Structural adhesives have become a pivotal solution in various industries, offering robust bonding for a wide range of applications. Whether in aerospace, automotive, construction, or electronics, the market for these high-performance adhesives is expanding rapidly due to their capacity to replace traditional fastening methods such as welding or riveting.

Market Overview

The structural adhesives market is projected to grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2029, driven by several factors, including the rising demand for lightweight materials and innovations in adhesive technologies. By 2029, the market is expected to be worth USD 17.7 billion, highlighting the increasing reliance on advanced bonding solutions across industries. Notably, the automotive sector is a leading contributor to this growth due to the demand for adhesives that enable lighter and more fuel-efficient vehicles.

Key Growth Drivers

Demand for Lightweight Materials: One of the primary drivers fueling the rise of structural adhesives is the growing use of lightweight materials, particularly in industries such as automotive and aerospace. Adhesives offer a unique advantage over traditional mechanical fasteners, as they not only provide excellent bonding strength but also help reduce the weight of components. In the automotive industry, for instance, structural adhesives are widely used to bond dissimilar materials, such as metals and composites, which results in lighter vehicles and improved fuel economy.

Sustainability and Environmental Concerns: Sustainability has become a major concern for manufacturers globally. Adhesives contribute to more environmentally friendly production processes by reducing the need for energy-intensive techniques like welding. They also help decrease material waste during production. As industries look to lower their carbon footprint, the use of adhesives is becoming increasingly aligned with sustainability goals.

Technological Advancements: The continuous innovation in adhesive technologies is pushing the market forward. Modern structural adhesives are designed to perform in extreme conditions, offering high resistance to temperature variations, corrosion, and fatigue. Recent developments have introduced hybrid adhesives, which combine the properties of epoxy, acrylic, and polyurethane adhesives, offering superior performance across various applications. This innovation is crucial for industries like electronics, where precision and reliability are paramount.

Construction Sector Growth: In the construction industry, adhesives are being used more extensively, particularly for bonding glass and metal in modern architectural designs. Structural adhesives provide an aesthetic advantage by creating seamless joints, while also ensuring the structural integrity of the bonded components. Additionally, as the demand for eco-friendly building materials rises, adhesives that contribute to green building initiatives are gaining more prominence in the market.

Key Industry Applications

Automotive Industry: The automotive sector is a major consumer of structural adhesives, particularly as the shift towards electric vehicles (EVs) accelerates. Adhesives help reduce the overall weight of EVs, improving battery efficiency and range. Additionally, adhesives improve crash performance and load distribution, contributing to enhanced vehicle safety.

Aerospace Sector: Structural adhesives are playing an increasingly important role in aerospace, where weight reduction and fuel efficiency are top priorities. These adhesives are used extensively to bond composite materials, which are lighter than metals but just as strong, making them ideal for modern aircraft design.

Electronics Industry: In the electronics industry, structural adhesives are critical for bonding delicate components in smartphones, computers, and other devices. These adhesives provide the necessary durability while allowing for miniaturization, which is a key trend in consumer electronics.

Construction Sector: The construction industry is experiencing a surge in the use of adhesives for bonding materials such as glass and metal in both residential and commercial projects. With the growing emphasis on green building practices, adhesives that reduce the environmental impact of construction processes are gaining traction. Additionally, adhesives enable more innovative designs, providing architects with greater flexibility in creating aesthetically pleasing structures.

Regional Market Insights

Globally, the structural adhesives market is thriving, with North America and Europe leading the charge. In North America, the automotive and aerospace industries are major consumers, while in Europe, stringent environmental regulations are driving the adoption of more sustainable adhesive solutions. The Asia-Pacific region is expected to experience the highest growth rate, fueled by rapid industrialization, infrastructure development, and the increasing production of electric vehicles in countries like China, Japan, and India.

Future Outlook

The future of the structural adhesives market looks promising as industries continue to prioritize lightweight, durable, and sustainable bonding solutions. With ongoing advancements in adhesive technologies and the rising demand for eco-friendly materials, structural adhesives are set to play an increasingly significant role across various sectors. From automotive to construction, the ability of adhesives to enhance performance while reducing environmental impact makes them an essential component in modern manufacturing.

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The structural adhesives market is on a robust growth path, supported by technological innovations and the shift towards more sustainable industrial practices. As industries across the globe continue to evolve, the demand for high-performance adhesives that meet the complex requirements of modern manufacturing is expected to grow, cementing their importance in the future of several key industries.

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Navigating the Landscape of Adhesive Manufacturers in India: A Comprehensive Overview

The adhesive industry in India is witnessing significant growth, driven by increasing demand across various sectors, including construction, automotive, packaging, and furniture. As businesses seek reliable adhesive solutions, understanding the landscape of adhesive manufacturers in India is essential. This blog explores the key players in the industry, the types of adhesives available, and the critical factors to consider when selecting a manufacturer.

The Growing Adhesive Market in India

With India's rapid industrialization and expanding infrastructure projects, the demand for adhesives has surged. From construction to consumer goods, the versatility and efficiency of adhesives make them indispensable in numerous applications. This growth has led to the emergence of several adhesive manufacturers in India that cater to diverse needs, ranging from high-performance industrial adhesives to specialized consumer-grade products.

Types of Adhesives Offered by Adhesive Manufacturers in India

Polyurethane Adhesives: Known for their strength and flexibility, polyurethane adhesives are widely used in construction, automotive, and woodworking applications. They offer excellent adhesion to various surfaces, including metal, wood, and plastic.

Epoxy Adhesives: Renowned for their superior bonding capabilities, epoxy adhesives are ideal for applications requiring high strength and durability. They are commonly used in industries such as aerospace, automotive, and electronics.

Acrylic Adhesives: These adhesives are known for their fast curing times and resistance to weather and UV radiation. Acrylic adhesives are commonly used in signage, automotive, and building applications.

Hot Melt Adhesives: Ideal for packaging and woodworking, hot melt adhesives are thermoplastic materials that are applied in a molten state. They offer quick bonding and are often used in high-speed production lines.

Water-Based Adhesives: Environmentally friendly and versatile, water-based adhesives are used in various applications, including woodworking, packaging, and textile industries. They are low in volatile organic compounds (VOCs), making them safer for use.

Key Players in the Adhesive Manufacturing Industry in India

India boasts a robust network of adhesive manufacturers, some of which are recognized as leaders in the market:

Pidilite Industries: Known for its flagship brand Fevicol, Pidilite is one of the largest adhesive manufacturers in India, offering a wide range of adhesives for construction, automotive, and consumer applications.

Henkel India: A global leader in adhesives, Henkel India provides innovative adhesive solutions across various industries, including packaging, automotive, and electronics.

3M India: Renowned for its extensive portfolio of adhesives and bonding solutions, 3M India serves a diverse range of sectors, including healthcare, automotive, and consumer goods.

Sika India: A key player in construction adhesives, Sika India offers a range of high-performance adhesive solutions for building and construction applications.

Asian Paints: Though primarily known for its paints, Asian Paints also manufactures a range of adhesives for the construction and woodworking industries.

Factors to Consider When Choosing Adhesive Manufacturers in India

When selecting an adhesive manufacturer in India, consider the following factors to ensure you make an informed decision:

Product Range: Look for manufacturers that offer a diverse selection of adhesives to meet your specific needs. This includes industrial adhesives, construction adhesives, and specialized consumer products.

Quality Assurance: Ensure that the manufacturer adheres to international quality standards and certifications, ensuring the reliability and performance of their adhesives.

Customization Options: Some projects may require customized adhesive solutions. Choose a manufacturer that can tailor their products to fit your unique requirements.

Sustainability Practices: With growing concerns about environmental impact, partnering with manufacturers that prioritize eco-friendly practices and sustainable products can enhance your brand reputation.

Technical Support: Reliable customer service and technical support are essential for successful product implementation. Opt for manufacturers that offer assistance throughout the purchasing process and beyond.

Conclusion

As the demand for adhesive solutions continues to rise, understanding the landscape of adhesive manufacturers in India becomes increasingly important. By exploring the various types of adhesives available and considering key factors when selecting a manufacturer, businesses can make informed choices that enhance their operations. Whether you require industrial-grade adhesives or specialized solutions for specific applications, India's diverse range of adhesive manufacturers offers ample options to meet your needs. Partnering with a trusted manufacturer will ensure that you receive high-quality products that drive efficiency and effectiveness in your projects.

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Butyl Acrylate Price | Prices | Pricing | News | Database | Chart

Butyl Acrylate is an important industrial chemical, primarily used in the production of acrylic polymers, which are essential in various industries, including paints, adhesives, and coatings. The prices of butyl acrylate have always been influenced by a variety of factors, making it critical to understand the market dynamics that affect these fluctuations. Over recent years, butyl acrylate prices have experienced volatility, driven by supply-demand imbalances, fluctuations in raw material costs, global economic conditions, and logistical challenges. To grasp these price movements, it is essential to delve into the intricacies of its production, the global market landscape, and key drivers that influence its pricing.

Butyl acrylate is derived from crude oil, and as such, the cost of crude oil plays a crucial role in determining its price. Crude oil prices themselves are subject to numerous variables, including geopolitical tensions, supply constraints from major producers like OPEC, and economic sanctions on oil-exporting countries. When crude oil prices rise, the cost of raw materials like butyl acrylate also tends to increase. The global oil market has faced significant turbulence over the past few years, with sharp price rises during periods of constrained supply and economic recovery, which in turn has contributed to the escalation of butyl acrylate prices.

Get Real Time Prices for Butyl Acrylate: https://www.chemanalyst.com/Pricing-data/butyl-acrylate-1251Demand-side factors also significantly affect butyl acrylate prices. The chemical is used extensively in industries like construction, automotive, textiles, and packaging. When these sectors experience growth, demand for butyl acrylate increases, putting upward pressure on prices. For instance, the post-pandemic recovery in many economies spurred increased construction activities, higher automobile production, and growing demand for packaging materials due to the surge in e-commerce. These trends boosted demand for butyl acrylate, contributing to price hikes. Conversely, economic slowdowns or recessions, such as the one caused by the pandemic itself, can dampen demand and lead to temporary price reductions.

Environmental regulations and sustainability concerns are also shaping the pricing of butyl acrylate. With growing pressure to reduce carbon emissions and promote the use of greener chemicals, manufacturers are increasingly adopting environmentally friendly production processes. However, transitioning to these sustainable methods often requires significant capital investment, which can increase production costs. As manufacturers pass on these costs to consumers, the price of butyl acrylate tends to rise. Moreover, stricter regulations in certain regions regarding the use of volatile organic compounds (VOCs) are driving manufacturers to seek alternatives or modify their production processes, further influencing pricing trends.

Geopolitical factors are another crucial aspect of butyl acrylate price determination. Political instability in major petrochemical-producing regions, trade disputes, and tariffs can disrupt the supply chain, leading to price volatility. For instance, trade tensions between the United States and China have had a considerable impact on the global chemical markets, including butyl acrylate. Tariffs imposed on chemical imports and exports between these two economic powerhouses have altered trade flows, causing imbalances in supply and demand. As a result, regional price disparities have emerged, with prices in some regions spiking due to supply shortages, while others have seen price drops due to excess availability.

Transport and logistics costs also contribute to the overall price of butyl acrylate. The transportation of chemicals, especially hazardous ones like butyl acrylate, requires specialized infrastructure and handling, which can add to costs. In recent years, global supply chain disruptions, including port congestion, a shortage of shipping containers, and rising fuel prices, have significantly impacted the cost of transporting chemicals. These logistical challenges have not only delayed shipments but have also driven up freight rates, further contributing to the rise in butyl acrylate prices.

Another factor affecting butyl acrylate prices is the capacity expansion and production shutdowns in various regions. Producers often adjust their capacity based on demand projections, regulatory requirements, and profitability. New plant expansions or shutdowns due to maintenance or regulatory issues can create supply fluctuations, which in turn affect pricing. For example, if a major plant shuts down for maintenance, the reduced supply can lead to short-term price spikes. Conversely, if new production capacities come online, it may lead to an oversupply, putting downward pressure on prices.

Furthermore, currency fluctuations, particularly in regions that rely heavily on imports, can have a notable effect on butyl acrylate prices. Countries that import raw materials or the finished product may experience price increases if their local currency weakens against the dollar, which is the primary currency used in global chemical trade. Conversely, a stronger local currency can make imports cheaper, potentially reducing butyl acrylate prices in those regions.

In conclusion, the prices of butyl acrylate are influenced by a complex interplay of factors, including crude oil and propylene prices, supply-demand dynamics, geopolitical events, regulatory pressures, logistics challenges, and currency fluctuations. The global market for butyl acrylate remains highly sensitive to these factors, making price forecasting a challenging task for both producers and consumers. As industries continue to evolve, driven by technological advancements and shifting environmental policies, the butyl acrylate market is expected to remain dynamic, with periodic fluctuations in prices shaped by both macroeconomic trends and sector-specific developments. Understanding these underlying factors can help market participants navigate the challenges and opportunities in the butyl acrylate market effectively.

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Adhesive Tape Films Market Size, Share, Forecast Report by 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Adhesive Tape Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Adhesive Tape Films Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Adhesive Tape Films Market?

The global adhesive tape films market was valued at US$ 14.7 Billion in 2023 and is expected to register a CAGR of 4.1% over the forecast period and reach US$ 21.1 Bn in 2032.

What are Adhesive Tape Films?                                                                                                                                                                            

Adhesive tape films are multifunctional materials widely utilized across various industries, from manufacturing to everyday consumer products. These films comprise a thin layer of adhesive-coated material that adheres securely to numerous surfaces while remaining flexible and durable. Typically crafted from polymers such as polyethylene, polypropylene, or polyester, adhesive tape films can be tailored to possess specific characteristics, including moisture resistance, UV stability, and heat resistance, making them ideal for applications like packaging, insulation, electrical work, and automotive uses. Their easy application and ability to conform to irregular shapes make them crucial in both professional and DIY projects, enhancing efficiency and reliability across multiple sectors.

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What are the growth prospects and trends in the Adhesive Tape Films industry?

The adhesive tape films market growth is driven by various factors and trends. The adhesive tape films market is experiencing substantial growth, driven by rising demand for versatile bonding solutions across diverse industries such as automotive, electronics, packaging, and construction. These films provide unique features, including moisture resistance, heat resistance, and electrical insulation, making them suitable for various applications. The surge in e-commerce and the need for effective packaging solutions further stimulate market expansion, as businesses seek reliable products to ensure safe delivery. Moreover, advancements in manufacturing technologies and the introduction of innovative adhesive formulations are enhancing product performance and broadening their applications. With a growing emphasis on sustainability, the market is also shifting toward eco-friendly and recyclable adhesive tape films, aligning with global initiatives to reduce environmental impact. Overall, the adhesive tape films market is well-positioned for continued growth, driven by changing consumer preferences and technological innovations. Hence, all these factors contribute to adhesive tape films market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Product Type

Transparent

Colored

By Backing Material Type

Polyethylene (PE) Films

Polypropylene (PP) Films

Polyvinyl Chloride (PVC) Films

Polyester (PET) Films

Others

By Adhesive Type

Rubber-Based Adhesives

Acrylic Adhesives

Silicone Adhesives

Others

By End Use

Packaging

Automotive

Electronics

Construction

Healthcare

Paper & Printing

Others

North America

United States

Canada

Europe

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

Benelux

Nordic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

3M Company

Taghleef Industries

Nitto Denko Corporation

PAC Adhesive Products (Suzhou) Co., Ltd.

Berry Global Inc.

YANGFENG TAPE AND ADHESIVE PRODUCTS, LTD.

LINTEC Corporation

Shurtape Technologies, LLC

FROMM Holding GmbH Co. KG

USG Corporation

Henkel AG Co. KGaA

Tes tape group

Avery Dennison Corporation

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Innovations Shaping the Future of the Electronic Adhesives Market

The electronic adhesives market plays a critical role in the assembly and production of electronic devices, ensuring reliable performance and durability. Electronic adhesives are specially formulated to meet the rigorous demands of modern electronics, where miniaturization, heat resistance, and high conductivity are essential. These adhesives are used for bonding electronic components, sealing, encapsulating, and conformal coating applications. With the continued expansion of industries such as consumer electronics, automotive, telecommunications, and healthcare, the demand for electronic adhesives is on the rise.

The global electronic adhesives industry, valued at US$ 5.3 billion in 2022, is projected to grow at a CAGR of 6.7% from 2023 to 2031, reaching an estimated US$ 5.6 billion by the end of 2031. This growth is attributed to the increasing use of electronic devices, the rise of electric vehicles (EVs), and the growing popularity of smart devices and IoT (Internet of Things) applications.

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Market Segmentation

By Type of Adhesive

Epoxy Adhesives: Widely used for their excellent bonding strength, heat resistance, and durability.

Silicone Adhesives: Preferred for flexibility, moisture resistance, and high thermal stability.

Acrylic Adhesives: Known for fast curing and strong bonds, commonly used in high-performance applications.

Polyurethane Adhesives: Provide good mechanical properties and adhesion to various substrates.

By Formulation Type

Liquid Adhesives

Paste Adhesives

Film Adhesives

By Application

Surface Mount Devices (SMDs)

Conformal Coatings

Potting and Encapsulation

Wire Tacking and Bonding

By Industry Vertical

Consumer Electronics: Phones, laptops, and wearable devices.

Automotive: Electric vehicles, battery management systems, sensors.

Healthcare: Medical devices such as pacemakers and hearing aids.

Telecommunication: Communication devices, data centers, and fiber optic assemblies.

By Region

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Regional Analysis

North America: A mature market for electronic adhesives, driven by advancements in the automotive and healthcare sectors. The region benefits from a high concentration of technology firms and investments in research and development (R&D).

Europe: The growth in electric vehicle (EV) adoption, coupled with stringent environmental regulations, is promoting the use of eco-friendly adhesives. Germany, France, and the UK are key contributors to the market.

Asia-Pacific: The largest and fastest-growing region, driven by the booming electronics manufacturing industry in countries like China, Japan, South Korea, and India. The region's strong presence in consumer electronics and automotive manufacturing is a key driver.

Latin America and Middle East & Africa: Emerging regions with increasing investments in technology, healthcare infrastructure, and automotive industries are contributing to gradual market growth.

Market Drivers and Challenges

Market Drivers:

Increasing Adoption of Electric Vehicles (EVs): The surge in electric vehicle production is a major driver for the demand for high-performance adhesives, especially those that can withstand thermal cycling, moisture, and vibration.

Growing Demand for Miniaturized Devices: The trend toward miniaturization in electronic devices demands more precise and durable adhesives for surface-mount components and intricate assemblies.

Rising Use of Consumer Electronics: The increasing penetration of smartphones, wearables, and other consumer electronics across the globe boosts demand for adhesives in circuit assemblies.

Challenges:

High Cost of Advanced Adhesives: The high cost associated with the development and application of advanced adhesives poses a challenge, especially for small and medium-sized manufacturers.

Stringent Environmental Regulations: Compliance with environmental and safety standards, especially regarding volatile organic compounds (VOCs) in adhesives, creates additional pressure on manufacturers.

Market Trends

Sustainability and Eco-Friendly Adhesives: There is a growing emphasis on developing environmentally friendly electronic adhesives with low VOC emissions to comply with stringent environmental regulations.

Adoption of 5G Technology: The global rollout of 5G technology is driving the demand for advanced adhesives in the telecommunication sector, particularly for bonding and sealing 5G infrastructure components.

Flexible and Wearable Electronics: The rise of flexible electronics and wearable devices is spurring innovation in adhesive formulations that offer flexibility, durability, and compatibility with various substrates.

Future Outlook

The electronic adhesives market is poised for significant growth over the next decade. The rapid advancements in 5G technology, IoT, and EVs are expected to create new opportunities. Manufacturers are likely to focus on innovation in adhesive formulations to meet the evolving requirements of the electronics industry, such as higher heat resistance, lower weight, and eco-friendly solutions. With increasing R&D efforts, the development of next-generation adhesives will enhance product performance and efficiency.

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Key Market Study Points

Rising Demand for High-Performance Adhesives: The growing adoption of electronic adhesives in high-performance applications, particularly in automotive and telecommunications, is expected to drive market growth.

Technological Innovation: Continuous advancements in adhesive technologies, such as UV-curing adhesives and conductive adhesives, will create opportunities for market expansion.

Supply Chain Optimization: Manufacturers are focusing on optimizing their supply chains to meet the rising demand for electronic adhesives, especially in emerging markets.

Competitive Landscape

The electronic adhesives market is highly competitive, with key players focusing on innovation, product development, and strategic partnerships. Leading companies include:

Henkel AG & Co. KGaA

3M Company

H.B. Fuller Company

Dow Inc.

BASF SE

Sika AG

Master Bond Inc.

These companies are investing in R&D and expanding their product portfolios to cater to the growing demand for specialized adhesives in various sectors.

Recent Developments

Henkel introduced a new range of thermally conductive adhesives designed specifically for electric vehicle battery systems, aimed at improving thermal management and reducing battery pack weight.

3M announced advancements in UV-curing adhesives to accelerate production processes in the electronics assembly industry.

Dow has expanded its portfolio with new silicone-based adhesives optimized for use in flexible and foldable electronics.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Polymer Modified Cementitious Coatings Market - Forecast(2024 - 2030)

Market Overview

Polymer Modified Cementitious Coatings Market size is forecast to reach US$12.3 billion by 2026, after growing at a CAGR of 5.9% during 2024–2030. The development of polymer-based concrete emerged as an additive that helps to improve cementitious material durability and adhesion to improve concrete strength by reducing porosity at the surface level and is driving the market growth. Also, the rising demand for dual component, thixotropic coatings in residential, and commercial construction to protect the steel and concrete components from corrosion is anticipated to drive the demand for Polymer Modified Cementitious Coatings Market growth.

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Furthermore, the increasing usage of acrylic polymer and styrene butadiene rubber latex for waterproofing roofs and decks, and protection of coastal and highways structures to increase the durability of concrete will act as an opportunity for the growth of the polymer modified cementitious coatings industry during the forecast period.

Market Snapshot:

Report Coverage

The: “Polymer Modified Cementitious Coatings Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polymer Modified Cementitious Coatings Market.

By Type: Acrylic Polymer and Styrene Butadiene Rubber Latex. By Flexibility: Flexible and Non-Flexible. By Composition: One Component and Two Component. By Application: Residential, Commercial, Industrial, and Infrastructure. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

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Key Takeaways

The Asia-Pacific region dominated the Polymer Modified Cementitious Coatings Market owing to the rising residential construction projects in emerging economies such as China, India and others.

Rising initiatives and investments in large infrastructure projects by governments of several countries is likely to drive the polymer modified cementitious coating market over the forecast period.

Industrial revolution and rapid urbanization is also estimated to drive the overall Polymer Modified Cementitious Coatings Market growth.

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Polymer Modified Cementitious Coatings Market Segment Analysis — By Type

Acrylic Polymer is extensively used in the Polymer Modified Cementitious Coatings Market. Acrylic polymer is a clear, robust, and rigid plastic substance. Acrylic polymers come in a variety of hues and finishes owing to which it is frequently used in architecture and construction coatings. Because of their chemical purity, stability, high heat resistance, UV resistance, excellent weathering, low temperature performance, water resistance, and hydrophobicity, acrylic polymers are now widely employed in industry in a variety of applications. Thus, it is anticipated that the rising demand for acrylic polymer in several applications will boost the growth of the market in the upcoming years.

Polymer Modified Cementitious Coatings Market Segment Analysis — By Application

Residential sector held the largest share in the Polymer Modified Cementitious Coatings Market in 2023 and is projected to grow at a CAGR of 5.1% during the forecast period 2024–2030. The expansion of polymer modified cementitious coatings in the residential building market is being fueled by their low cost. Construction spending on buildings is projected to increase just over 6% in 2023, according to the mid-year update of the American Institute of Architect’s AIA Consensus Construction Forecast. The demand for apartments, condos and townhomes is high as single-family homes have become more expensive and less available due to lack of space. As per a report from the U.S. Commerce Department, homebuilding increased in August 2022 as rising rents boosted the construction of multi-family housing to the highest level in more than 36 years. The number of apartments under construction (890,000 residents in 2-plus unit properties) as of September 2022 is at the highest level since the first quarter of 1974, according to the National Association of Home Builders (NAHB). Thus, with the rising usage of polymer modified cementitious coatings in the residential sector the market is anticipated to grow over the forecast period.

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Polymer Modified Cementitious Coatings Market Segment Analysis — Geography

Asia Pacific held the largest share with 39% in the Polymer Modified Cementitious Coatings Market in 2023. Rapid increase in the residential construction activities has raised the demand for polymer modified cementitious coatings in this region. Also, owing to the industrial development and improving economic conditions in the emerging economies such as China, India, Japan, and South Korea have further uplifted the growth of the market. According to GDP data, India is currently one of the world’s fastest growing major economies and is currently in the middle of a housing boom. The demand for housing is steadily increasing in most urban areas and is expected to grow even faster in the years ahead. Across the country there was an urban housing shortage of 19 million housing units last year. According to government estimates this is expected to double by 2030. Thus, it is anticipated that with the rising growth of residential buildings in Asia-pacific region the market for polymer modified cementitious coatings will also upsurge over the forecast period.

Polymer Modified Cementitious Coatings Market Drivers

Rising Infrastructure Activities

Infrastructure sector is a key driver for the rising economy in several regions. Rising government initiatives to support infrastructure development is estimated to drive the growth of the Polymer Modified Cementitious Coatings Market. Also, the increasing usage of acrylic polymer and styrene butadiene rubber latex owing to its alluring properties in the infrastructure sector would further drive the market growth. Almost $1 trillion worth of development projects have commenced or been announced since the unveiling of Saudi Arabia’s Vision 2030 agenda. To deal with the planned influx of tourists, the Kingdom is also spending on major supporting infrastructure, including a new airport in Riyadh at a cost of almost $150 billion and a vast new passenger rail network. Thus, with the growth of several infrastructure activities and rising government initiatives towards infrastructure segment the market is estimated to rise in the projected timeframe.

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Polymer Modified Cementitious Coatings Market Challenges

Fluctuating Raw Material Prices

For every branch of the manufacturing industry, raw materials are perhaps the most important factor in production. However, due to the raw material intensive nature in the coating industry, raw materials play a far greater role. Even minor changes in raw material prices have a significant impact on the profitability and operations of coating manufacturers. India, which is entirely reliant on crude oil and derivatives imports, imports nearly 90% of its raw material requirements for the coating industry, which has suffered greatly as a result of rising prices and political uncertainty in the Middle East region. In 2022, the price of crude oil and crude oil-linked derivatives such as monomers and solvents put pressure on coating manufacturers thanks to the Russia-Ukraine war. Thus, due to the fluctuating price of raw materials the market for polymer modified cementitious coatings is anticipated to face hurdles in the forecast period.

Polymer Modified Cementitious Coatings Market Landscape

Major players in the Polymer Modified Cementitious Coatings Market are

Arkema S.A.

Sika AG,

Akzo Nobel N.V.

MAPEI S.p.A.

Compagnie de Saint-Gobain S.A.

Dow, Inc.

H.B. Fuller Company

The Lubrizol Corporation

Organik Kimya A.S.

Fosroc International Limited

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Electronic Adhesives Market - Forecast (2024-2030)

Electronic Adhesives Market Overview

Electronic Adhesives Market Size is forecast to reach $ 6,820 Million by 2030, at a CAGR of 6.50% during forecast period 2024-2030. Electronic adhesives are used for circuit protection and electronic assembly applications such as bonding components, wire tacking, and encapsulating electronic components. The use of electronic adhesives in manufacturing components for electric vehicles such as printed circuit boards, lithium-ion batteries, and battery pack assemblies are facilitating growth of the market. Growing adoption of surface mounting technology to replace welding and soldering is one of the prominent trends in the electronics industry, shaping the demand for electronics adhesives.

Report Coverage

The report: “Electronic Adhesives Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Electronic Adhesives Industry.

By Type: Thermal Conductive, Electrically Conductive, Ultraviolet-Curing and Others.

By Resin Type: Epoxy, Cyanoacrylates, Polyamides, Phenolic, Silicones, and Others (Acrylics, and Polyurethane)

By Application: PCB’s, Semiconductor, and Others

By End-User Industry: Consumer Electronic (Wearable Devices, LEDs & TVs, Smart Phones & Tablets, Computers, Laptops, and Others), Healthcare, Energy & Power (Solar, Wind, and Others), Telecom Industry, Transportation (Automotive (Passenger Vehicles, Light Commercial and Heavy Commercial Vehicles), Marine, Locomotive, and Aerospace), Oil & Gas, Chemical, Pulp & Paper, and Others. 

By Geography: North America, South America, Europe, APAC, and RoW

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Key Take away

In 2020, North America held the largest share after APAC. Due to growing demand for electronic adhesives in electronics and telecommunication industry. The US hold the largest share in the region over the forecast period.

Growing adoption of electric vehicles is expected to provide a major growth opportunity for the market.

Emission of Volatile Organic Compounds (VOC’s) may deter the market's growth during the forecasted period.

COVID-19 has hindered the market growth owing to the disruption of supply chain and worldwide lockdown.

Electronic Adhesives Market Segment Analysis - By Type

Electrically Conductive segment held the largest share of more than 30% in the electronics adhesives market in 2020. Electrically Conductive are used in various industry verticals such as aerospace, automotive, medical, and telecom products. Electrically conductive is an excellent solution for making electrical contacts on PCBs and other temperature-sensitive substrates, as their curing temperature is below the soldering temperature. An increase in demand for Anisotropic Conductive Adhesives (ACA) in LCD connections, PCBs, and bonding antenna structures further boost the demand for the market. Electric conductive are also used in the LED industry for their capacity to serve as stable electrical contacts by absorbing mismatches, which will likely boost the market's growth for the forecasted period.

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Electronic Adhesives Market Segment Analysis - By Resin Type

Epoxy segments held the largest share of more than 25% in the market in 2020. Epoxy is widely used in electronic applications, either in two-part or single-part heat cure products. Epoxy has good resilience against environmental and media influences, it has a dry and non-tacky surface which is perfect to be used as a protective coating and is widely used in adhesives, plastics, paints, coatings, primers and sealers, flooring, and other. Curing epoxy adhesives can take place either at room or elevated temperature or through photoinitiators and UV light. Modern photoinitiators also react to the special UV spectrum of LED light sources, so that newly developed epoxide resin adhesives can be cured with both UV and UV LED light. Some epoxies exhibit optical properties and diffraction indexes, making them useful for applications in precision optics, lens bonding, and information technology, which will further boost the market's growth.

Electronic Adhesives Market Segment Analysis - By Application

Printed Circuit Boards (PCBs) segment held the largest share of more than 35% in the market in 2020. Electronic adhesives are used as a conformal coating in PCBs. Adhesive is used in wire tracking, potting & encapsulation of components, conformal coatings of circuit boards, and bonding of surface mount components. PCBs are highly reliable, cheap, less chance of short circuit, easily repairable, and are compact in size. The growing uses of laptops, smartphones, and household appliances coupled with developing living standards further drive the growth of PCB. Whereas, the growing uses of PCB’s in automotive, industrial & power equipment, control & navigation systems, and aerospace monitoring also contribute to the market growth. According to Aerospace Industries Association (AIA) report, in 2018, aerospace and defense exports amounted to $151 billion, an increase of 5.81% from the previous year, and civil aerospace accounted for the majority of exports with $131.5 billion.

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Electronic Adhesives Market Segment Analysis - By End-User Industry

Consumer Electronics segment held the largest share of more than 30% in the Electronic Adhesives Market in 2020. Rapid urbanization and increase in the development of new technology have propelled the demand for consumer electronics. As per the United Nations, 55% of the world’s population lives in urban areas, which propel the demand for consumer electronics. The growing demand for lightweight and portable equipment such as smartphones, laptops, and digital cameras are playing a significant role in boosting the demand for the market. As per a report released by Nexdigm Private Limited, a private company, the global electronics industry is expected to reach $7.3 trillion by 2025, which will significantly propel the demand for the market during the forecasted period.

Electronic Adhesives Market Segment Analysis - By Geography

Asia-Pacific held the largest share of more than 45% in the Electronic Adhesives Market in 2020. China, India, and Japan are the major contributors to the growth of Electronic Adhesives Market in APAC. The large consumer base, developing manufacturing sector, and increase in middle-class population along with smart city projects are major factors for the market growth. As per the Indian Brand Equity Foundation (IBEF) report released in 2020, electronics manufacturing in India is expected to reach $163.14 billion by 2025, and demand for electronics hardware in India is expected to reach US$ 400 billion by 2024. The shifting of production lines to the APAC region for the low cost of production and the ability to serve the local emerging market is another factor for the growth of the market in the region.

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Electronic Adhesive Market Drivers

Growing Need for Miniaturized Electronic Products 

Growing demand for low-cost, reliable, and miniaturized electronic devices from consumers propel the market's growth. The increasing demand for miniaturized products has led to the development of smaller electrical components, which occupy less area. The need for smaller and thinner consumer electronics devices is a new trend among consumers. The surface mount technology helps in using and assembling much smaller components, thus facilitating a smaller, portable, and lightweight electronic device. Pocket calculators, smartwatches & other wearable devices are some of the examples. Such miniature devices will further drive the demand for electronic devices and in return will boost the demand for the Electronic Adhesives Market as they are used in manufacturing these devices.

Introduction of 5G Network 

Introduction 5G networks are planned to increase mobile broadband speeds and added capability for 4K/8K video streaming, virtual reality (VR) or augmented reality (AR), Internet of Things (IoT), and mission-critical applications. Introduction of 5G will boost the telecommunication industry, with better coverage, and internet speed, which also create a demand for Electronic Adhesives Market as they are used in manufacturing telecom devices. 5G will transmit data ten times faster than 4G and is set to take hold in 2020. This will spark a revolution in many industries such as electronic, energy, medical, automotive, defense, aerospace and others, which will boost the market's growth. 5G will impact the viewing experience for consumer, with its VR & AR which will further boost the demand for consumer electronic industry, which in return will boost the demand for electronic adhesive market.

Electronic Adhesive Market Challenges

Technological Changes & VOC Emission

The market is facing challenges due to technological changes. Shorter leads can damage temperature-delicate components in several applications and to overcome such obstacles electrical components should be assembled after soldering. However, this hampers productivity due to higher costs of production and time consumed in the manufacturing process. Growing concern over the emission of volatile organic compounds (VOCs) is expected to hamper the market growth over the coming years. During the manufacturing of electronics adhesives, VOC is discharged that may pose health and environmental concerns. VOCs are the major contributors to smog and ozone formation at low atmospheric levels.    

Emergence of COVID 19

The COVID-19 pandemic continues to unfold everyday with severe impact on people, communities, and businesses. And the Electronic Adhesives Market was no exceptional, as the global production facilities of the electronics, parts have been reduced due to the logistics slowdown and unavailability of the workers. Furthermore, various e-commerce sites had discontinued the delivery of non-essential items which included electronics devices, which affected the electronic industry.

Electronic Adhesive Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Electronic Adhesives Market. In 2020, the market of electronic adhesives has been consolidated by the top 10 players accounting for xx% of the share. Major players in the Electronic Adhesives Market are BASF SE, Panacol-Elosol GmbH, 3M Co., H.B. Fuller Co., Henkel AG & Co. KGaA, Hitachi, Ltd., Mitsui & Co., Ltd., Bostik, Inc., Chemence Inc., tesa SE, Parker Hannifin Corp., Meridian Adhesives Group, among others.

Acquisitions/Technology Launches

In November 2019, Bostik, Inc., announced it has launched a new range of innovative engineering adhesives Born2Bond™, for bonding applications in automotive, electronics, luxury packaging, and medical devices. With this new launch Bostik will not only expand its product portfolio but also expand it offering to various industries, which will further drive the market's growth.  

In September 2020, Meridian Adhesives Group, a leading manufacturer of high-value adhesives technologies has announced that the “Company” would be serving the Electric Vehicles Market and provide its adhesive solution, with this announcement Meridian Adhesives would expand its product offering in automobile industry, which will further derive the market's growth.

Key Market Players:

The Top 5 companies in Electronic Adhesives Market are:

Panacol-Elosol GmbH

3M 

H.B. Fuller Company

Henkel AG & Co.KGaA

Parker Hannifin Corp.

[rmxsolution]

How to Start a Wall Putty Plant - A Complete Setup Guide

Starting a wall putty plant can be a profitable business, especially with the increasing demand for high-quality wall putty in the construction industry. Wall putty is essential for prepping walls prior to painting, in order to achieve a durable and seamless outcome. This blog will guide you in establishing a wall putty manufacturing plant, including selecting suitable equipment, the production process, and entering a profitable market.

Step 1: Conduct Market Research

Prior to investing in a wall bag factory, it is crucial to comprehend the market demand in your region or country. Engaging in thorough market research will enable you to identify the demand for wall bags, your possible rivals, and various product categories. For instance, certain regions may opt for a white cement ulcer, while others may choose an acrylic ulcer. Having knowledge of these preferences will enable you to make well-informed choices.

Step 2: Create a Business Plan

After completing your market research, develop a detailed business plan. Make sure to maintain the same meaning and not add or remove any information.

Ensure that the paraphrased text is within the same context as the original text.

- Investment costs - Location selection - Target market - Marketing strategies - Financial projections

Your business plan will also act as a guide for establishing your wall putty plant, helping you remain efficient and reach your objectives.

Step 3: Location selection

Choosing the right location for your wall putty manufacturing plant is critical. The facility must be located in an area where infrastructure, utilities (electricity, water), and transportation facilities are available for the distribution of finished products Industrial areas are generally the best location due to for their services and proximity to suppliers.

Step 4: Equip your plant with the right tools

To make high-quality high-quality wall putty, you need to invest in the right equipment. In Readymix Construction Machinery Pvt. Ltd., we specialize in worldwide mechanical wall mould plants, including:

- Putty Mixers: These are used to mix the ingredients into a smooth paste. The mixture must be strong enough to handle large volumes to ensure uniform mixing. - Wall Putty Manufacturing Plant: This includes multiple machines like a ribbon blender, storage silos, packing machines, and conveyors. - Quality Control Equipment: Checking the quality of the product is essential. The testing equipment will help maintain the composition and consistency of each batch.

Step 5: Ingredient requirements

Some of the main types of wall bags are:

- White Cement: A base material for putty, providing strength and a smooth finish. - Mineral supplements: These help improve the work and texture of the putty. - Polymers and additives: These increase the adhesion and drying time of the putty, allowing the walls to bond better and dry evenly.

Make sure you have reliable suppliers of these items to ensure regularity.

Step 6: Production

The process of making wall bags involves several steps:

1. Weighing and Mixing: The ingredients are accurately weighed and placed in the putty mixer. Mixing is an important step, as it ensures an even distribution of all ingredients. 2. Blend: Use a ribbon blender or vertical blender to blend the ingredients together into a smooth, smooth paste. 3. Storage and Packing: Once the mixture is ready it is stored in silos before being packed into bags or jars for distribution. In this process, automatic packing machines can ensure efficiency and accuracy.

Step 7: Quality control

Quality control is important to ensure your wallpaper meets industry standards. Regular testing of the final product for accuracy, drying time and adhesion is essential to maintaining a good reputation in the market. A laboratory equipped for physical and chemical testing will help you with this.

Step 8: In Marketing Distribution

To successfully sell your wall bag, you need to invest in marketing strategies. Highlight your product’s features and benefits, such as its smooth, durable, and easy-to-use finish. You can target construction companies, designers, and hardware stores as potential customers.

Online platforms and social media can be used to expand your brand awareness. Attending construction shows and networking with architects and contractors will also help you find potential customers.

Step 9: Calculate costs

The total cost of setting up a wall bag manufacturing plant depends on various factors e.g.

- The size of the plant - Provision of cost of machinery and equipment - Buying raw materials - Labor and material costs

An average medium-sized wall bag factory can cost Rs 20 lakh to Rs 1 crore depending on the volume of production and equipment used It is important to have an adequate budget to cover and manage these costs manage your operating expenses.

Step 10: Legal Requirements

Before you start manufacturing, you need to register your business and obtain the necessary licenses. This may include:

- Business registration (LLP, Pvt. Ltd., etc.) - GST registration - Pollution control board clearance - Factory license

Make sure your product complies with all local regulations to avoid any future legal issues.

Step 11: Hiring skilled workers

Experienced employees are necessary to keep your wall pot business running smoothly. You will need to:

- Manufacturing equipment for the design process - Quality control personnel for testing and inspection - Conducting sales and marketing personnel to promote and distribute the product

Hiring skilled workers will help maintain product quality and ensure product quality.

conclusion

Starting a wall putty manufacturing plant can be a profitable venture if done right. After conducting market research, Readymix Construction Machinery Pvt. Ltd., and by following an established procedure, you can successfully set up your office and meet the growing demand for wall putty in the construction industry.

With proper planning and execution, your wall cylinder business can grow, delivering consistent profitability while meeting the needs of your target market.

--- .

Follow these steps and you’ll be well on your way to setting up a successful wall bag manufacturing business.Make sure to stay updated with the latest trends in the construction industry and continuously improve your production processes to stay competitive.

[shubhampawrainfinium]

The Invisible Armor: Why Protective Coatings Are Essential for Your Assets

The global protective coatings market is witnessing significant growth, propelled by the increasing need for durable and resilient surface protection across various industries. According to the report, the market is projected to grow at a compound annual growth rate (CAGR) of over 6% during the forecast period of 2022-2028. The market value stood at over USD 14 billion in 2022 and is expected to reach approximately USD 21 billion by 2028.

Understanding Protective Coatings

Protective coatings are specialized materials applied to surfaces to prevent corrosion, abrasion, chemical damage, and environmental degradation. These coatings are utilized in numerous applications, including industrial, marine, automotive, construction, and aerospace sectors. The primary types of protective coatings include:

Epoxy Coatings: Known for their excellent adhesion and chemical resistance, epoxy coatings are widely used in industrial applications.

Polyurethane Coatings: These coatings offer high durability and are used in automotive and architectural applications.

Zinc-Based Coatings: Commonly used for corrosion protection, particularly in steel structures and equipment.

Acrylic Coatings: These coatings provide UV resistance and are often used in exterior applications.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/14083

Market Dynamics and Growth Drivers

Several key factors are driving the growth of the global protective coatings market:

Increasing Industrial Activities: With the growth of manufacturing and construction industries, there is a rising demand for protective coatings to enhance the longevity and performance of machinery, structures, and equipment.

Focus on Infrastructure Development: Government investments in infrastructure projects globally are leading to increased demand for protective coatings, particularly in construction and civil engineering.

Rising Awareness of Corrosion Protection: Industries are increasingly recognizing the importance of protecting assets from corrosion, leading to a higher adoption of protective coatings in sectors such as oil and gas, marine, and automotive.

Advancements in Coating Technologies: Innovations in coating formulations and application methods, such as water-based and high solids coatings, are enhancing the performance characteristics of protective coatings, making them more appealing to end-users.

Sustainability Trends: There is a growing emphasis on sustainable and environmentally friendly coatings. Manufacturers are developing low-VOC (volatile organic compound) and eco-friendly coatings, which are gaining traction in the market.

Regional Analysis

North America: The North American protective coatings market is characterized by a strong manufacturing base and high demand from the automotive and aerospace sectors. The U.S. is a significant contributor to market growth, driven by investments in infrastructure and industrial projects.

Europe: Europe is one of the leading markets for protective coatings, driven by stringent regulations regarding environmental protection and an increasing focus on sustainable products. The automotive and construction industries in countries like Germany, France, and the U.K. are significant consumers of protective coatings.

Asia-Pacific: The Asia-Pacific region is expected to witness the fastest growth in the protective coatings market, fueled by rapid industrialization, urbanization, and infrastructure development in countries like China, India, and Japan. The region’s growing automotive sector is also a major driver of demand.

Latin America and the Middle East & Africa: These regions are gradually adopting protective coatings due to increasing investments in infrastructure and industrial activities. The demand for coatings in oil and gas, mining, and construction applications is contributing to market growth.

Competitive Landscape

The protective coatings market is highly competitive, with several key players dominating the landscape. Some notable companies include:

AkzoNobel N.V.: A global leader in coatings, AkzoNobel offers a wide range of protective coatings for various applications, including industrial, marine, and automotive sectors.

PPG Industries, Inc.: PPG is known for its innovative coating solutions, focusing on sustainability and performance. The company provides protective coatings for a variety of industries.

Sherwin-Williams Company: A major player in the coatings industry, Sherwin-Williams offers a comprehensive portfolio of protective coatings designed to meet diverse customer needs.

BASF SE: BASF is a leading chemical company that develops protective coatings with a focus on sustainability and high-performance characteristics.

RPM International Inc.: RPM is known for its specialty coatings, including protective coatings for industrial and commercial applications.

Report Overview : https://www.infiniumglobalresearch.com/reports/global-protective-coatings-market

Challenges and Opportunities

Despite the promising growth, the protective coatings market faces challenges such as fluctuating raw material prices and the need for compliance with stringent environmental regulations. Manufacturers must navigate these challenges to maintain profitability and market share.

However, opportunities abound, particularly in developing innovative, eco-friendly coatings and expanding into emerging markets. The increasing focus on sustainability and energy efficiency is likely to drive the demand for advanced protective coatings in the coming years.

Conclusion

The global protective coatings market is set for robust growth, with a projected CAGR of over 6% from 2022 to 2028. As industries increasingly prioritize surface protection and durability, the demand for innovative protective coatings will continue to rise. With a market value expected to reach approximately USD 21 billion by 2028, the protective coatings sector presents significant opportunities for manufacturers and stakeholders aiming to capitalize on this growth trajectory.

[communicationblogs]

Foam Tape Market — Forecast(2024–2030)

Foam Tape market size is forecast to reach $18.6 billion by 2030, after growing at a CAGR of 6.3% during the forecast period from 2024–2030.

The prime driver for the growth of foam tape market is increasing usage of foam tape in various industries including transportations, electrical and electronics, and building and construction; increased demand from developing nations of APAC region especially in China and India; and wide applications of acrylic based foam tapes. The report covers Foam Tape Market size by type and Technology, Foam Tape Market share by top 5 companies and also the market share by start-ups during the forecast period.

Foam tape serves as a versatile solution for sealing and bonding requirements across diverse industries, thanks to its exceptional dampening, cushioning, and gasketing properties. It provides effective protection against solvents, ultraviolet rays, and moisture. Additionally, double-coated foam tapes, featuring adhesive on both sides, are employed for mounting applications.

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For years, adhesive tape has been a staple in packaging and labeling. Yet, as environmental concerns mount, traditional plastic tapes face scrutiny for their ecological impact. In response, eco-conscious adhesive tape has emerged as a viable alternative, gaining momentum in the packaging sector. Crafted from renewable sources or recycled materials, these tapes offer a sustainable solution. 

They can be easily recycled or biodegraded post-use, presenting a host of advantages, from shrinking carbon footprints to curbing plastic waste. Embracing these eco-tapes allows businesses to showcase their dedication to environmental stewardship while meeting consumer demand for eco-friendly packaging. Among the most favored variants is biodegradable tape, fashioned from plant-derived elements like cornstarch, bamboo, or hemp. These tapes boast compostable properties, aligning with eco-goals, and perform comparably to traditional plastic counterparts.

Type of Adhesives — Segment Analysis

Acrylic segment held the largest share in the foam tape market in 2023 due to huge internal strength and good flexibility reducing peeling stress. eco-friendly concept, shock absorption capability, and good anti-aging properties, good anti-vibration properties, long-term holding power, excellent resistance to moistures & solvents, and excellent conformity are some of the factors driving the demand of acrylic foam tape market.

Inquiry Before Buying 

Product Type — Segment Analysis

Double sided foam tapes segment held the largest share in the foam tape market in 2023. Double sided foam tapes are more preferable over single sided due to its excellent properties including high-strength, long-term adhesion for both indoor and outdoor applications, design gap compensation, and excellent dampening properties.

End Use Industry — Segment Analysis

Transportation sector has been the primary market for foam tape market with market share of more than 37% in 2023. Growing automotive vehicle demand especially in APAC region is expected to drive the foam tape demand in automotive sector.

China is APAC’s largest consumer of foam tapes due to widening applications in automotive and building & construction. China has the largest automotive industry in the world and one of the largest civilian aircraft markets. According to OICA, China held 33 percent share in global passenger cars sales in 2022. India also has excellent potential for automotive industry growth in the future. The country’s automotive industry produces 25.9 million vehicles in April 2022-March 2023, which is 3 million more than the previous period. With more than 283 million vehicles registered in the U.S., which is 19% of the total vehicles in the world, there will be tremendous demand for foam tapes in the automotive application.

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Geography — Segment Analysis

APAC dominated the foam tapes market with a share of more than 40% in 2023, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. Countries in South East Asia are witnessing high growth in the aviation and automotive industries. According to OICA, automotive production in Malaysia, Indonesia and India witnessed a growth of 48%, 31% and 24% respectively in 2022, with South East Asian countries having huge potential to grow.

Foam Tape Market Drivers

Increasing penetration of foam tapes in various industries including automotive, building & construction, and electrical & electronics

Automotive is the major end use industries where foam tapes are using for numerous applications including sound dampening, insulating, gasketing, cushioning/padding, and sealing. Thus, the growth in automotive sector is expected to fuel the demand of foam tapes in coming years. Further, building & construction and electrical & electronic industry offers good growth potential for foam tapes. APAC region is the major market for automotive, building & construction, and electrical & electronics industries; which growing with above average growth and offers plenty of opportunity for foam tape market.

About IndustryARC™:   IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business. We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals.

Contact Us: https://tinyurl.com/yk8khvpa   Website URL: https://www.industryarc.com/

[amrutatbrc1]

Double-Sided Masking Tapes Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies 

The double-sided masking tapes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Double-Sided Masking Tapes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The double-sided masking tapes market size has grown strongly in recent years. It will grow from $12.33 billion in 2023 to $13.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to automotive industry demand, electronics and pcb manufacturing, construction and building applications, industrial and manufacturing needs, and efficient bonding solutions

The double-sided masking tapes market size is expected to see strong growth in the next few years. It will grow to $17.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increased automation in manufacturing, e-commerce and online sales, regulatory compliance, medical and healthcare applications, and renewable energy and solar panel assembly. Major trends in the forecast period include advanced materials and composites, automation in manufacturing, technological innovations, innovative solutions, and strategic partnerships.

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The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The growing penetration of the construction sector is expected to propel the growth of double-sided masking tapes. Double-sided masking tapes are used to resist the material from corrosion and keep the material surfaces clean and smooth and provide sealing function protection against environmental elements during construction. Due to these characteristics, the construction industry has gradually used double-sided masking tape for outdoor and indoor applications. For instance, in September 2021, according to the Global Construction Outlook report by Marsh, a UK-based Insurance company stated that between 2020 and 2030, the global construction market is expected to grow by $4.5 trillion, reaching $15.2 trillion, with emerging markets accounting for $8.9 trillion. Furthermore, China, India, the United States, and Indonesia will account for 58.3% of global construction growth. Therefore, the rise in construction activities is expected to boost demand for double-sided masking tapes market during the forecast period.

The double-sided masking tapes market covered in this report is segmented –

1) By Product Type: Silicon-based Adhesive, Acrylic-based Adhesive, Rubber-based Adhesive 2) By Application: Painting, Plating, Abrasive Blasting, High-Temperature Applications, Other Applications 3) By End-User: Automotive, Building and Construction, Healthcare, Electrical and Electronics, Packaging, Aerospace, Other End-users

Get an inside scoop of the double-sided masking tapes market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7204&type=smp

Regional Insights - North America was the largest region in the double-sided masking tapes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the double-sided masking tapes market share during the forecast period. The regions covered in the double-sided masking tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies - Major companies operating in the double-sided masking tapes market include 3M, Intertapes Polymer Group, Shurtape Technologies LLC, TesaTapes Private Ltd., Nitto Denko Corp, Lintec Corporation, Avery Dennison Corporation, Yem Chio Co Ltd., SEKISUI Chemical Co Ltd., Lohmann GmbH & Co. Kg, Guangzhou Broadya Adhesive Products Co Ltd., Scapa Group plc, Berry Global Inc., Saint-Gobain Performance Plastics, L&L Products, Adchem Corp, Adhesive Applications Inc., Adhesives Research Inc., Advanced Flexible Composites Inc., Adhesive Systems Inc., American Biltrite Inc., Arkema Group, Ashland Inc., Bostik Findley SA, Collano Adhesives AG, Dow Inc., Drytac Corp, Franklin International Group Ltd., H.B. Fuller India Adhesives Pvt Ltd.

Table of Contents 1. Executive Summary 2. Double-Sided Masking Tapes Market Report Structure 3. Double-Sided Masking Tapes Market Trends And Strategies 4. Double-Sided Masking Tapes Market – Macro Economic Scenario 5. Double-Sided Masking Tapes Market Size And Growth ….. 27. Double-Sided Masking Tapes Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[tamanna31]

Industrial Coatings Market Dynamics, Top Manufacturers Analysis, Trend And Demand, Forecast To 2030

Industrial Coatings Industry Overview

The global industrial coatings market size was valued at USD 87.19 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 2.5% from 2023 to 2030. 

Industrial coatings are widely used in various other end-use sectors, including automotive and vehicle refinish, electronics, aerospace, oil & gas, mining, marine, and power generation. Automotive and refinish coatings are among the major industrial coatings. The growing usage of refinish coatings for automotive maintenance, repair, and aftermarket painting on account of visual appearance, surface protection, and corrosion resistance is expected to propel the demand for industrial coatings.

Gather more insights about the market drivers, restrains and growth of the Industrial Coatings Market 

Moreover, the growing need for customized designs and paints in vehicles is likely to support the market growth. The U.S. is a leading manufacturer of aerospace and related components and one of the major aerospace markets in the world. The availability of well-trained aerospace engineers, machinists & other skilled laborers, and increasing air commute are driving investments in the U.S. aerospace industry. The presence of prominent aircraft manufacturers, such as The Boeing Company, Gulfstream Aerospace, and Textron Aviation, Inc., is expected to significantly fuel the growth of the aerospace industry in the country.

This, in turn, is anticipated to create ample growth opportunities for the market during the forecast period. Increasing awareness about vehicle paint protection by healing damages and scratches on vehicle surfaces has boosted market growth. Moreover, expanding the consumer base in the Middle East and Asia Pacific regions on account of the rising disposable income is expected to boost the product demand in the automotive and other end-use industries during the forecast period. Increasing demand for industrial coatings from packaging applications, such as caps & closures, and cans, is also projected to positively influence market growth in the coming years.

Excellent CO2 retention properties to preserve freshness and high flexibility & adhesion of these coatings are boosting their demand in the packaging industry. Furthermore, increasing construction activities drive product demand in the wood industry. However, environmental and health hazards associated with Volatile Organic Compounds (VOCs) are majorly affecting the industry growth. Various environmental and safety regulations, such as The Occupational Safety and Health Administration (OSHA), The Environmental Protection Agency (EPA), and California Air Resource Board (CARB), are being implemented by governments globally to limit the harmful effects of these compounds on human health and the environment.

Industrial Coatings Market Segmentation

Grand View Research has segmented the global industrial coatings market report on the basis of product, technology, end-user, and region:

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Acrylic

Alkyd

Polyurethane

Epoxy

Polyester

Others

Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Solvent Borne

Water Borne

Powder Based

Others

End-user Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

General Industrial

Marine

Automotive & Vehicle Refinish

Electronics

Aerospace

Oil & Gas

Mining

Power Generation

Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Central & South America

Brazil

Argentina

Middle East & Africa

Saudi Arabia

UAE

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

The global synthetic dyes market size was estimated at USD 6.35 billion in 2023 and is projected to reach at a CAGR of 6.8% from 2024 to 2030. 

The global texture paints market size was estimated at USD 12,357.21 million in 2023 and is projected to grow at a CAGR of 4.5% from 2024 to 2030.

Key Companies & Market Share Insights

The industry is highly fragmented with the presence of several key as well as some small- and medium-scale global and regional players. The global players face intense competition from each other as well as from regional players who have well-established supply chain networks and are well aware of the regulations and suppliers in the market. Major players are involved in the expansion of their manufacturing facilities, R&D investments, mergers & acquisitions, and new product development to cater to the increasing global demand, ensure competitive effectiveness, enhance sales & operations planning, and expand their customer base. Some of the prominent players in the global industrial coatings market include:

Akzo Nobel N.V.

Axalta Coating Systems, LLC

Jotun

PPG Industries, Inc.

The Sherwin-Williams Company

Nippon Paint Holdings Co., Ltd.

Hempel A/S

Order a free sample PDF of the Industrial Coatings Market Intelligence Study, published by Grand View Research.