Additives for Water Based Adhesive Market was valued at USD 5.4 Billion in 2022 and is projected to reach USD 8.1 Billion by 2030, growing at a CAGR of 6.8% from 2024 to 2030.
The global market for additives in water-based adhesives was valued at approximately USD 2.5 billion in 2022. The sector is projected to witness a compound annual growth rate (CAGR) of 6.2% from 2023 to 2028. This growth is driven by the increasing demand for environmentally friendly adhesive solutions and stringent regulations against volatile organic compounds (VOCs). The market is experiencing heightened investment in research and development activities aimed at enhancing the performance and versatility of these adhesives, further fueling the expansion of the sector.
Emerging markets, particularly in Asia-Pacific regions, are expected to offer substantial growth opportunities due to rapid industrialization and urbanization. Additionally, the shift towards sustainable construction materials and the rise in demand for eco-friendly packaging solutions are contributing to the robust growth in these regions. Opportunities abound for innovation in additive formulations to improve adhesive properties such as adhesion strength, flexibility, and durability, aligning with evolving industry standards and consumer preferences.
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Elementis
Dow
Evonik Industries
Aqua Based Technologie
Cardolite
Eastman
Vinavil
BASF
Ashland
Reitech
Munzing
ACME
Advanced Polymer
Akrochem
BYK
Alberdingk Boley
Aquaspersions
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Additives for Water Based Adhesive Market
Construction
Automotive
Textile
Others
Based on Types the Market is categorized into Below types that held the largest Additives for Water Based Adhesive market share In 2023.
Biocides
Plasticizers
Foam-control Materials
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Additives for Water Based Adhesive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Additives for Water Based Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Additives for Water Based Adhesive Market, By Type
6. Global Additives for Water Based Adhesive Market, By Application
7. Global Additives for Water Based Adhesive Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Additives for Water Based Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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