EUROPE ADHESIVES MARKET FORECAST 2021-2028
In terms of revenue and volume, the Europe adhesives market is projected to record a CAGR of 5.39% and 4.42%, respectively, during the forecast years of 2021 to 2028. The region’s market growth is facilitated by factors, including, the increased demand from sectors, such as, engineering, automobile, electronics, and medical, and the rising use of water-based and reactive adhesives.
EUROPE ADHESIVES MARKET FORECAST 2021-2028
Europe Adhesives Market by Technology (Water-based, Solvent-based, Hot-melt, Reactive & Others) by Product Type (Acrylic, Polyvinyl Acetate (Pva),, Polyurethane, Styrenic Block, Epoxy, Ethylene Vinyl Acetate (Eva), Other Product Types) by Application (Pressure Sensitive, Packaging, Construction, Furniture, Footwear, Automotive, Other Applications) and by Geography.
In terms of revenue and volume, the Europe adhesives market is projected to record a CAGR of 5.39% and 4.42%, respectively, during the forecast years of 2021 to 2028. The region’s market growth is facilitated by factors, including, the increased demand from sectors, such as, engineering, automobile, electronics, and medical, and the rising use of water-based and reactive adhesives.
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The Europe adhesives market growth is evaluated based on the analysis of Russia, the United Kingdom, Belgium, Germany, France, Italy, Poland, and the rest of Europe. The United Kingdom’s packaging industry’s growth is primarily fueled by the rising demand for small-sized and premium packaging, especially from the country’s personal care sector. The e-retail business, in addition to the increasing demand from the food and beverage industry, is significantly augmenting the United Kingdom’s packaging requirements. Moreover, the country is also anticipating a transition from plastic packaging to paper bags. This would substantially raise the industry’s demand for adhesives over the upcoming years.
On the other hand, Germany leads the European automotive market, with 41 engine production and assembly plants, contributing to nearly 33% of the region’s overall production. As a significant manufacturing base for the aircraft industry, the country also fosters manufacturers from several segments, such as, material and component suppliers, equipment manufacturers, system integrators, and engine producers. Germany also has the most extensive construction industry across Europe, with the sector accounting for nearly 5.3% of the gross domestic product (GDP), in 2018. Hence, these factors are expected to fuel market growth, over the forecast period.
BASF SE, headquartered in Ludwigshafen, Germany, is among the leading chemical companies, across the globe. The company’s product portfolio includes oil and gas, agricultural solutions, functional material and solutions, performance products, and chemicals. Moreover, it primarily operates across the Americas, Europe, the Asia Pacific, Africa, and the Middle East.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- DEMAND FROM CONSTRUCTION INDUSTRY
- APPLICATIONS IN PACKAGING INDUSTRY
- DEMAND FOR MINIATURIZED AND LIGHTWEIGHT ELECTRONICS
- KEY RESTRAINTS
- STRICT REGULATIONS
- COMPLEXITIES IN DISASSEMBLY OF TWO ADHERED SUBSTRATES
- VOLATILITY IN RAW MATERIAL PRICES
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON ADHESIVES MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- VALUE CHAIN ANALYSIS
- MARKET BY TECHNOLOGY
- WATER-BASED
- SOLVENT-BASED
- HOT-MELT
- REACTIVE & OTHERS
- MARKET BY PRODUCT TYPE
- ACRYLIC
- POLYVINYL ACETATE (PVA)
- POLYURETHANE
- STYRENIC BLOCK
- EPOXY
- ETHYLENE VINYL ACETATE (EVA)
- OTHER PRODUCT TYPES
- MARKET BY APPLICATION
- PRESSURE SENSITIVE
- PACKAGING
- CONSTRUCTION
- FURNITURE
- FOOTWEAR
- AUTOMOTIVE
- OTHER APPLICATIONS
- GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGER & ACQUISITIONS
- PRODUCT LAUNCH & DEVELOPMENTS
- PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
- BUSINESS EXPANSION
- COMPANY PROFILES
- 3M COMPANY
- ARKEMA SA
- ASHLAND EUROPE SPECIALTY CHEMICALS INC
- AVERY DENNISON CORPORATION
- BASF SE
- EASTMAN CHEMICAL COMPANY
- HENKEL AG & CO KGAA
- MOMENTIVE PERFORMANCE MATERIALS INC (MPM)
- BEARDOW & ADAMS (ADHESIVES) LIMITED
- HB FULLER COMPANY
- SIKA AG
- DOW CHEMICAL COMPANY
- UNISEAL INC
- RPM INTERNATIONAL INC
- HEXCEL CORPORATION
- HUNTSMAN CORPORATION
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – ADHESIVES
TABLE 2: RAW MATERIALS – ADHESIVES
TABLE 3: EUROPE ADHESIVES MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 4: EUROPE ADHESIVES MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 5: EUROPE ADHESIVES MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 6: EUROPE ADHESIVES MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 7: EUROPE ADHESIVES MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 8: EUROPE ADHESIVES MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 9: EUROPE ADHESIVES MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 10: EUROPE ADHESIVES MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 11: EUROPE ADHESIVES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 12: EUROPE ADHESIVES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 13: EUROPE ADHESIVES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 14: EUROPE ADHESIVES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 15: EUROPE ADHESIVES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)
TABLE 16: EUROPE ADHESIVES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN KILOTONS)
TABLE 17: EUROPE ADHESIVES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 18: EUROPE ADHESIVES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 19: LEADING PLAYERS OPERATING IN EUROPE ADHESIVES MARKET
FIGURES LIST
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: VALUE CHAIN ANALYSIS
FIGURE 6: EUROPE ADHESIVES MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020
FIGURE 7: EUROPE ADHESIVES MARKET, BY WATER-BASED, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE ADHESIVES MARKET, BY SOLVENT-BASED, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE ADHESIVES MARKET, BY HOT-MELT, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE ADHESIVES MARKET, BY REACTIVE & OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE ADHESIVES MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020
FIGURE 12: EUROPE ADHESIVES MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE ADHESIVES MARKET, BY POLYVINYL ACETATE (PVA), 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE ADHESIVES MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE ADHESIVES MARKET, BY STYRENIC BLOCK, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE ADHESIVES MARKET, BY EPOXY, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE ADHESIVES MARKET, BY ETHYLENE VINYL ACETATE (EVA), 2021-2028 (IN $ MILLION)
FIGURE 18: EUROPE ADHESIVES MARKET, BY OTHER PRODUCT TYPES, 2021-2028 (IN $ MILLION)
FIGURE 19: EUROPE ADHESIVES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
FIGURE 20: EUROPE ADHESIVES MARKET, BY PRESSURE SENSITIVE, 2021-2028 (IN $ MILLION)
FIGURE 21: EUROPE ADHESIVES MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)
FIGURE 22: EUROPE ADHESIVES MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)
FIGURE 23: EUROPE ADHESIVES MARKET, BY FURNITURE, 2021-2028 (IN $ MILLION)
FIGURE 24: EUROPE ADHESIVES MARKET, BY FOOTWEAR, 2021-2028 (IN $ MILLION)
FIGURE 25: EUROPE ADHESIVES MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)
FIGURE 26: EUROPE ADHESIVES MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
FIGURE 27: EUROPE ADHESIVES MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 28: UNITED KINGDOM ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 29: GERMANY ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 30: FRANCE ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 31: ITALY ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 32: RUSSIA ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 33: BELGIUM ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 34: POLAND ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
FIGURE 35: REST OF EUROPE ADHESIVES MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- UNITED KINGDOM
- GERMANY
- FRANCE
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- MARKET BY TECHNOLOGY
- WATER-BASED
- SOLVENT-BASED
- HOT-MELT
- REACTIVE & OTHERS
- MARKET BY PRODUCT TYPE
- ACRYLIC
- POLYVINYL ACETATE (PVA)
- POLYURETHANE
- STYRENIC BLOCK
- EPOXY
- ETHYLENE VINYL ACETATE (EVA)
- OTHER PRODUCT TYPES
- MARKET BY APPLICATION
- PRESSURE SENSITIVE
- PACKAGING
- CONSTRUCTION
- FURNITURE
- FOOTWEAR
- AUTOMOTIVE
- OTHER APPLICATIONS
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