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Plastic Adhesives Market Scope & Overview 2021


The global Plastic Adhesives market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Plastic Adhesives market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Plastic Adhesives market.

The global 
plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research. The plastic adhesives market is observing high demand attributed to its increasing application in the packaging sector. Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products. Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.


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Key Highlights From The Report

In April 2019, Parker Hannifin Corporation made an announcement about signing an agreement for the acquisition of Lord Corporation worth USD 3.68 billion. Lord Corporation provides a wide range of adhesives, specialty materials, coatings, vibration & motion control technologies.

Acrylic adhesives are garnering significant traction in the market, owing to the offering of superior temperature, ultraviolet, and oxidation resistance; and hence find preferable usage in outdoor purposes. Acrylic adhesives have the capability to counter the negative plasticizing action taking place with rubber and providing better resistance to chemical exposure.

In the treatment of sports injury, plastic adhesives find application for the wrapping of soft tissue injuries for compression and support, thereby assisting in limiting swelling and safeguarding the affected area.

The market in the Asia Pacific region is likely to grow at the fastest rate in the forecast period, due to the growth of the end-use industries such as the building & construction and packaging industry.

China is likely to observe a substantial rise in the plastic adhesives demand, attributed to the surging automotive production, as well as supportive government policies for the production of electronics products.


Key participants include Arkema SA, 3M Company, Parker Hannifin Corporation, Huntsman International LLC, Sika AG, Henkel AG, Dow Inc., Illinois Tool Works Inc., MaterBond Inc., and Ashland Global Specialty Chemicals Inc., among others.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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