According to IMARC Group latest report titled “Adhesive Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on adhesive equipment market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global adhesive equipment market size reached US$ 33.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.
Adhesive equipment encompasses devices and systems engineered to apply or dispense adhesives or glues during manufacturing processes. These apparatuses are characterized by precision application, consistent performance, and are tailored for a range of viscosities and adhesive types. The working mechanism of this equipment involves the controlled distribution of adhesive material onto surfaces to create a durable bond between different materials. Properties such as adjustable flow rates, temperature control, and automated dispensing ensure efficient operations and contribute to the high-quality output of final products. Advantages of using adhesive equipment include improved production speeds, reduced material wastage, enhanced worker safety, and consistent application, leading to stronger bonds and longer-lasting products.
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Market Trends:
The global market is primarily driven by the construction sector's continuous expansion, where adhesive products are critical for numerous applications. Moreover, the flourishing automotive industry, with its increasing emphasis on lightweight and energy-efficient vehicles, necessitates high-strength bonds only achievable through advanced adhesive technology. Simultaneously, the electronics sector is channeling momentum into the market due to the miniaturization trend requiring precise adhesive applications. The growing inclination towards automation within manufacturing processes enhances the need for adhesive equipment, promising consistency and precision. The market is also buoyed by the furniture industry's adoption of advanced bonding techniques to ensure product durability and aesthetic appeal. Additionally, the footwear industry's use of adhesive equipment in production lines is lending impetus to the market. With a rising focus on sustainable solutions, the demand for equipment capable of handling eco-friendly adhesives is also making a considerable impact.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company
Adhesive & Equipment Inc.
Atlas Copco
Dymax Corporation
Glue Machinery Corporation
Graco Inc.
B. Fuller Company
Henkel AG & Co. KGaA
ITW Dynatec
Nordson Corporation
Robatech AG
Valco Cincinnati Inc
Adhesive Equipment Market Segmentation:
Our report has categorized the market based on region, product, application and distribution channel.
Breakup by Product:
Industrial Hot Melt
Adhesive Controllers
Cold Glue Applicators
Pneumatic Adhesive Applicators
Adhesive Pumping Systems
Adhesive Application Guns
Others
Breakup by Application:
Packaging
Construction
Lamination
Disposable Hygiene Products (DHP)
Technical Textiles
Others
Breakup by Distribution Channel:
Supermarket and Hypermarket
Retail Stores
Online Stores
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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