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NORTH AMERICA ADHESIVES MARKET FORECAST 2021-2028

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NORTH AMERICA ADHESIVES MARKET FORECAST 2021-2028

The North America adhesives market is projected to grow with a CAGR of 5.54% in terms of revenue, and 4.58% in terms of volume, during the forecast period of 2021 to 2028. The region’s key market growth drivers include the increased demand for water-based and hot-melt technology adhesives, and the growing need for pressure-sensitive adhesives due to their application across the medical and electronics sectors.

NORTH AMERICA ADHESIVES MARKET FORECAST 2021-2028

North America 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.

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The North America adhesives market is projected to grow with a CAGR of 5.54% in terms of revenue, and 4.58% in terms of volume, during the forecast period of 2021 to 2028. The region’s key market growth drivers include the increased demand for water-based and hot-melt technology adhesives, and the growing need for pressure-sensitive adhesives due to their application across the medical and electronics sectors.
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The North America adhesives market growth is assessed by evaluating the United States and Canada. The United States harbors one of the largest packaging industries, worldwide. Among the various types of packaging, the flexible packaging market growth is augmenting faster, given the advantages of flexible packaging and its greater end-user preference over other kinds. Moreover, the transitioning consumer behavior trends, in addition to manufacturers’ convenience, results in the steady growth of the United States’ flexible packaging market.

In terms of size, the United States electronics market is the most extensive, globally, and is anticipated to remain the leading market, over the upcoming years. This is majorly attributed to the increasing number of research and development centers, the rising use of advanced technology, and the rapidly increasing consumer demand. Moreover, the market observes high demand for more innovative and swifter electronic products, because of the steady pace of innovation, research and development endeavors, and technical enhancements. Therefore, such factors are anticipated to drive the country’s adhesives market growth, during the forecast period.

3M Company, headquartered in the United States, is a diversified technology company. It primarily manufactures and markets a wide range of innovative products, such as adhesives, tapes, filtration products, medical and surgical supplies, transportation safety products, dental and orthodontic products, skin health and infection prevention products, home care products, and consumer office tapes and adhesives, among others.

 

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. 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
    1. 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
    2. MARKET BY TECHNOLOGY
      • WATER-BASED
      • SOLVENT-BASED
      • HOT-MELT
      • REACTIVE & OTHERS
    3. MARKET BY PRODUCT TYPE
      • ACRYLIC
      • POLYVINYL ACETATE (PVA)
      • POLYURETHANE
      • STYRENIC BLOCK
      • EPOXY
      • ETHYLENE VINYL ACETATE (EVA)
      • OTHER PRODUCT TYPES
    4. MARKET BY APPLICATION
      • PRESSURE SENSITIVE
      • PACKAGING
      • CONSTRUCTION
      • FURNITURE
      • FOOTWEAR
      • AUTOMOTIVE
      • OTHER APPLICATIONS
    5. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      •    KEY STRATEGIC DEVELOPMENTS
        • MERGER & ACQUISITIONS
        • PRODUCT LAUNCH & DEVELOPMENTS
        • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
        • BUSINESS EXPANSION
      •    COMPANY PROFILES
        • 3M COMPANY
        • ARKEMA SA
        • ASHLAND NORTH AMERICA 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

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – ADHESIVES

    TABLE 2: RAW MATERIALS – ADHESIVES

    TABLE 3: NORTH AMERICA ADHESIVES MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 4: NORTH AMERICA ADHESIVES MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 5: NORTH AMERICA ADHESIVES MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 6: NORTH AMERICA ADHESIVES MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 7: NORTH AMERICA ADHESIVES MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 8: NORTH AMERICA ADHESIVES MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 9: NORTH AMERICA ADHESIVES MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 10: NORTH AMERICA ADHESIVES MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 11: NORTH AMERICA ADHESIVES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 12: NORTH AMERICA ADHESIVES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 13: NORTH AMERICA ADHESIVES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 14: NORTH AMERICA ADHESIVES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 15: NORTH AMERICA ADHESIVES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 16: NORTH AMERICA ADHESIVES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 17: NORTH AMERICA ADHESIVES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 18: NORTH AMERICA ADHESIVES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 19: LEADING PLAYERS OPERATING IN NORTH AMERICA 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: NORTH AMERICA ADHESIVES MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

    FIGURE 7: NORTH AMERICA ADHESIVES MARKET, BY WATER-BASED, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA ADHESIVES MARKET, BY SOLVENT-BASED, 2021-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA ADHESIVES MARKET, BY HOT-MELT, 2021-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA ADHESIVES MARKET, BY REACTIVE & OTHERS, 2021-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA ADHESIVES MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2020

    FIGURE 12: NORTH AMERICA ADHESIVES MARKET, BY ACRYLIC, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA ADHESIVES MARKET, BY POLYVINYL ACETATE (PVA), 2021-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA ADHESIVES MARKET, BY POLYURETHANE, 2021-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA ADHESIVES MARKET, BY STYRENIC BLOCK, 2021-2028 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA ADHESIVES MARKET, BY EPOXY, 2021-2028 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA ADHESIVES MARKET, BY ETHYLENE VINYL ACETATE (EVA), 2021-2028 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA ADHESIVES MARKET, BY OTHER PRODUCT TYPES, 2021-2028 (IN $ MILLION)

    FIGURE 19: NORTH AMERICA ADHESIVES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 20: NORTH AMERICA ADHESIVES MARKET, BY PRESSURE SENSITIVE, 2021-2028 (IN $ MILLION)

    FIGURE 21: NORTH AMERICA ADHESIVES MARKET, BY PACKAGING, 2021-2028 (IN $ MILLION)

    FIGURE 22: NORTH AMERICA ADHESIVES MARKET, BY CONSTRUCTION, 2021-2028 (IN $ MILLION)

    FIGURE 23: NORTH AMERICA ADHESIVES MARKET, BY FURNITURE, 2021-2028 (IN $ MILLION)

    FIGURE 24: NORTH AMERICA ADHESIVES MARKET, BY FOOTWEAR, 2021-2028 (IN $ MILLION)

    FIGURE 25: NORTH AMERICA ADHESIVES MARKET, BY AUTOMOTIVE, 2021-2028 (IN $ MILLION)

    FIGURE 26: NORTH AMERICA ADHESIVES MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

    FIGURE 27: NORTH AMERICA ADHESIVES MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 28: UNITED STATES ADHESIVES MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: CANADA ADHESIVES MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY TECHNOLOGY
      • WATER-BASED
      • SOLVENT-BASED
      • HOT-MELT
      • REACTIVE & OTHERS
    2. MARKET BY PRODUCT TYPE
      • ACRYLIC
      • POLYVINYL ACETATE (PVA)
      • POLYURETHANE
      • STYRENIC BLOCK
      • EPOXY
      • ETHYLENE VINYL ACETATE (EVA)
      • OTHER PRODUCT TYPES
    3. MARKET BY APPLICATION
      • PRESSURE SENSITIVE
      • PACKAGING
      • CONSTRUCTION
      • FURNITURE
      • FOOTWEAR
      • AUTOMOTIVE
      • OTHER APPLICATIONS

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