The solvent-based adhesives refer to a class of adhesives that are formulated on an elastomer dissolved in a solvent or phenolic/formaldehyde resins. The solvent-based adhesives are ideal for both porous and non-porous surfaces and offer secure adhesion. The main types of solvent-based adhesives are polyurethane, styrenic block, and ethyl vinyl acetate. Ethylene vinyl acetate (EVA) is a copolymer made up of ethylene and various quantities of vinyl acetate. The solvent-based adhesives are used in paper and packaging, building and construction, woodworking, automotive and transportation, and other sectors that are distributed through direct sales and distributors. The solvent-based adhesives market research report is one of a series of new reports from The Business Research Company that provides solvent-based adhesives market statistics, including solvent-based adhesives industry global market size, regional shares, competitors with a solvent-based adhesives market share, detailed solvent-based adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the solvent-based adhesives industry. This solvent-based adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global solvent-based adhesives market size will grow from $13.48 billion in 2022 to $14.19 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global solvent-based adhesives market size is expected to grow from $17.23 billion in 2027 at a CAGR of 5.0%. The solvent-based adhesives market is expected to benefit from growth in the automobile manufacturing industry during the forecast period. There is a drive for the production of lightweight automobiles, which is leading to an increase in demand for adhesives and sealants. These adhesives and sealants are used in place of welded joints, mechanical fasteners, and gaskets and help reduce the weight of the automobile. Thus, the rising demand for lightweight automobiles is expected to increase the demand for solvent-based adhesives during the forecast period. Stringent safety regulations associated with the manufacturing and transportation of adhesive chemicals are acting as a restraint on the market. Adhesives are highly flammable, toxic, and hazardous when exposed to extreme temperatures and pressures. Companies in this industry are required to invest in equipment, technologies, and processes to limit toxic levels and chemical contamination. These regulations increase operating costs for companies, thus limiting their investments for business growth. Companies in the solvent-based adhesives market are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to gather real-time insights and optimize the manufacturing process. The data obtained is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. In November 2020, Pidilite Industries, an Indian adhesives manufacturing company, acquired Huntsman Corporation for $ 28558.8 million. Through this acquisition, Araldite will add to the already very strong portfolio of Pidilite Industries adhesives and sealants and will complement Pidilite Industries' retail portfolio. Huntsman Corporation is an American manufacturer and marketer of chemical products for consumers and industrial customers. Major players in the solvent-based adhesives market are 3M, Alfa International Corporation, Arkema Group (Bostik SA), Ashland Inc., Avery Dennison Corp., Everad Adhesives SAS, DowDuPont, H.B. Fuller Company, Henkel AG & Co. KGaA, and Huntsman Corp. Asia-Pacific was the largest region in the solvent-based adhesives market in 2022. North America was the second-largest region in the global solvent-based adhesives market. The regions covered in the global solvent-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the solvent-based adhesives market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The solvent-based adhesives market consists of the sales of contact adhesive, white glue, and rubber cement. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global solvent-based adhesives market is segmented - 1) By Type: PolyurethanePU, Styrenic Block, Ethyl Vinly AcetateEVA 2) By End User Industry: Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation, Other End Use Industries 3) By Distribution Channel: Direct Sales, Distributor

Water-based adhesives are adhesives formulated either from natural polymers or soluble synthetic polymers, which may be supplied as solutions or formulated as dry powders. The water-based adhesives use a combination of water, polymers, and additives and ideal for both porous and non-porous substrates. The main types of water-based adhesives are acrylic polymer emulsion (PAE), polyvinyl acetate (PVA) emulsion, vinyl acetate ethylene (VAE) emulsion, styrene butadiene (SB) latex, and polyurethane dispersion (PUD). VAE emulsions are created by copolymerizing vinyl acetate and ethylene, with the vinyl acetate percentage ranging from 60 to 95 percent and the ethylene content ranging from 5 to 40% of the total formulation. The product types are vinyl acetate adhesives, starch/dextrin adhesives, rubber latex adhesives, protein/casein adhesives, and other types that are used in paper and packaging, building and construction, automotive and transportation, and other sectors. The water-based adhesives market research report is one of a series of new reports from The Business Research Company that provides water-based adhesives market statistics, including global market size, regional shares, competitors with a water-based adhesives market share, detailed water-based adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the water-based adhesives industry. This water-based adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global water-based adhesives market size will grow from $37.26 billion in 2022 to $41.23 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global water-based adhesives market size is expected to grow from $60.64 billion in 2027 at a CAGR of 10.1%. The adhesives market's growth is aided by the stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that global real GDP growth will be 3.7% over 2019 and 2020 and 3.6% from 2021 to 2023. Recovering commodity prices, after a significant decline in the historical period, are further expected to aid the market's growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. For instance, according to the Asian Development Bank, a regional development bank, Asia’s share of world GDP is expected to increase to 40% by 2030 and 52% by 2050 . Stable economic growth is expected to increase investments in the end-user markets, thereby driving the market during the forecast period. Slower drying and freezing at low temperatures are the major issues with water-based adhesives. Due to the volatile characteristics of water, the drying process is taking long hours and the work process might be delayed. For example, companies such as Henkel are producing Technomelt adhesives, which are hot melt adhesives used in the automotive and furniture industries because they are quick-drying adhesives. As a result, the slower drying nature of water-based adhesives is limiting their growth.  Many adhesive companies are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real-time insights and locate gaps in the manufacturing process. The data obtained is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers of possible machine breakdowns. For instance, some of the major companies adopting IoT include BASF SE, The Dow Chemical Company, and H.B. Fuller. In November 2020, Pidilite Industries, an Indian adhesives manufacturing company acquired Huntsman Corporation for $ 28.55 billion. Through this acquisition, Araldite will add to the already very strong portfolio of Pidilite Industries adhesives and sealants and will complement Pidilite Industries' retail portfolio. Huntsman Corporation, is an American manufacturer and marketer of chemical products for consumers and industrial customers. Major players in the water-based adhesives market are Henkel, H.B. Fuller, Arkema (Bostik), Sika, Dowdupont, DIC, 3M, Illinois Tool Works, Ashland, and Mapei. Asia-Pacific was the largest region in the water-based adhesives market in 2022. North America was the second-largest region in the global water-based adhesives market. The regions covered in the global water-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the water-based adhesives market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The water-based adhesives market consists of the sales of vegetable glues, animal or protein glues, resin cements, and latex cements. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global water-based adhesives market is segmented - 1) By Type of Resin: Acrylic Polymer Emulsion (PAE), Polyvinyl Acetate (PVA) Emulsion, Vinyl Acetate Ethylene (VAE) Emulsion, Styrene Butadiene (SB) Latex, Polyurethane Dispersion (PUD) 2) By Product Type: Vinyl Acetate Adhesives, Starch/Dextrin Adhesives, Rubber Latex Adhesives, Protein/Casein Adhesives, Other Product Types 3) By Application: Tapes & Labels, Paper & Packaging, Building & Construction: Automotive & Transportation, Other Applications (consumer & DIY, leather & footwear, sports & leisure, and assembly)

Surgical sealants and adhesives are materials used to repair injured tissues and prevent air and fluid leakages during or after surgeries. These are used for minimising blood losses, replacing staples and sutures for better closure, and strengthening wound areas without limiting tissue movement. The surgical sealants and adhesives market covered in this report is segmented by product into biological sealants, synthetic sealants, and semi-synthetic sealants. The biological sealants are made up of biological material that is used to repair injured tissues and prevent air and fluid leakages during or after the surgeries. These are used for various indications such as tissue sealing, tissue engineering, and hemostasis and are used by end-uses such as hospitals, clinics, and others. The surgical sealants and adhesives market research report is one of a series of new reports from The Business Research Company that provides surgical sealants and adhesives market statistics, including surgical sealants and adhesives industry global market size, regional shares, competitors with a surgical sealants and adhesives market share, detailed surgical sealants and adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the surgical sealants and adhesives industry. This surgical sealants and adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global surgical sealants and adhesives market grew from $2.39 billion in 2022 to $2.63 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The surgical sealants and adhesives market is expected to grow from $3.38 billion in 2027 at a CAGR of 6.5%. The rising number of surgical procedures is predicted to contribute to the growth of the surgical sealants and adhesives market. In recent years, the continuous surge in surgical procedures is registered attributing to the growing prevalence of obesity and other lifestyle diseases, increasing incidence of spinal and sports-related injuries, and rising geriatric population. The old-age population is more prone to chronic, heart, and other diseases, thereby undergoing surgical procedures. According to the World Health Organization, the number of people over the age of 65 is projected to increase from 1 billion in 2020 to 2.1 billion by 2050, globally. The advances in surgical procedures are anticipated to hinder the growth of the surgical sealants and adhesives market. Minimal invasive surgeries are replacing conventional surgical procedures, eliminating complications including bleeding and air leakage and therefore, limiting the use of any surgical sealants and adhesives. According to the American Society of Plastic Surgeons (ASPS), approximately 18 million people undergoing surgical and minimally invasive cosmetic procedures in the USA. Hence, the growing number of minimally invasive surgeries and other substitutes for conventional surgical processes is predicted to impact the growth of the market over the forthcoming years. Several companies operating in the market are focusing on product portfolio expansion into untapped geographies. For instance, in January 2020, Terumo Corporation announced the launch of AQUABRID, a new surgical sealant in the EMEA market. AQUABRID is specially developed for aortic procedures to stop bleeding during and post surgeries. The company earlier introduced this product in Japan under the brand name Hydrofit and is under the process of registration in Eastern Europe, the Middle East, and Africa. In December 2021, Becton, Dickinson and Company, a US-based medical technology company, acquired Tissuemed, Ltd for an undisclosed amount. The acquisition would complete BD’s core portfolio and enable BD to further strengthen the surgical sealants portfolio. Tissuemed is a England-based surgical sealants manufacturer. Major players in the surgical sealants and adhesives market are Baxter International Inc., B. Braun Melsungen AG, Cohera Medical, Inc., CryoLife Inc., C.R. Bard Inc., CSL Limited (CSL Behring), Johnson & Johnson (Ethicon, Inc.), Sanofi, Ocular Therapeutix, Inc., and Sealantis Ltd. North America was the largest region in the surgical sealants and adhesives market in 2022. Western Europe was the second largest region in the global surgical sealants and adhesives market report. The regions covered in the global surgical sealants and adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the surgical sealants and adhesives report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The patient handling equipment market consists of sales of fibrin sealants, collagen based adhesives, gelatin based adhesives, cyanoacrylates, polymeric hydrogels, and urethane based adhesives. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global surgical sealants and adhesives market is segmented - 1) By Product: Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants 2) By Indication: Tissue Sealing, Tissue Engineering, Hemostasis 3) By End Use: Hospitals, Clinics, Other End Uses

Reactive and other adhesives refer to adhesives that are generally made out of monomer (resin) and an initiator. The reactive and other adhesives require a chemical reaction to form an adhesive bond. The main types of reactive and other adhesives are epoxy, acrylic, silicone, polyurethane, and other types. The major types of additives are polyurethane, acrylic, silicone, vinyl, epoxides, and other additives that are used in building and construction, automotive and transportation, power, electrical and electronics, and other sectors. The reactive and other adhesives market research report is one of a series of new reports from The Business Research Company that provides reactive & other adhesives market statistics, including global market size, regional shares, competitors with a reactive & other adhesives market share, detailed reactive & other adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the reactive & other adhesives industry. This reactive and other adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global reactive and other adhesives market size will grow from $10.76 billion in 2022 to $11.52 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global reactive and other adhesives market size is expected to grow from $14.92 billion in 2027 at a CAGR of 6.7%. The adhesive market is expected to benefit from growth in the automobile industry during the forecast period. There is a drive for the production of lightweight automobiles, which is leading to an increase in demand for adhesives and sealants. These are used in place of welded joints, mechanical fasteners, and gaskets and help reduce the weight of the automobile. For instance, companies such as Jowat are using reactive adhesives for the perfect bonding of vehicle parts in the automotive industry. Thus, the increased use of plastics in automobiles is expected to increase the demand for reactive adhesives during the forecast period. Stringent safety regulations associated with the manufacturing and transportation of adhesive chemicals have been a major restraint on the market. These substances are highly flammable, toxic, and hazardous when exposed to extreme temperatures and pressures. Companies in this industry should invest in equipment, technologies, and processes to limit toxic levels and chemical concentrations. These regulations increased the operating costs of companies in this industry, thus limiting the scope for investments relating to the launch of new products and expansion into new markets, thereby affecting market growth. Many adhesive companies are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real-time insights and locate gaps in the manufacturing process. The data obtained is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers of possible machine breakdowns. For instance, some of the major companies adopting IoT include BASF SE, The Dow Chemical Company, and H.B. Fuller. In November 2020, Pidilite Industries, an Indian adhesives manufacturing company, acquired Huntsman Corporation for $28.55 billion. Through this acquisition, Araldite will add to the already very strong portfolio of Pidilite Industries adhesives and sealants and will complement Pidilite Industries' retail portfolio. Huntsman Corporation is an American manufacturer and marketer of chemical products for consumers and industrial customers. Major players in the reactive and other adhesives market are BASF SE, 3M, ADCO Global, Adhesives Research, American Biltrite, Avery Dennison, Chemence, Collano Adhesives, Dow Chemical, and H.B. Fuller. Asia-Pacific was the largest region in the reactive and other adhesives market in 2022. North America was the second-largest region in the global reactive & other adhesives market. The regions covered in the global reactive & other adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the reactive and other adhesives market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The reactive and other adhesives market consists of the sales of anaerobic, and cyanoacrylates reactive and other adhesives in various forms such as liquids, pastes, tapes, films, and powders. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global reactive & other adhesives market is segmented - 1) By Type: Epoxy, Acylic, Silicone, Polyurethane, Other Types 2) By Additive: Polyurethane, Acrylic, Silicone, Vinyl, Epoxides, Other Additives 3) By Application: Building & Construction, Automotive & Transportation, Power, Electrical & Electronics, Other Applications

Plastic adhesives refers to special type of adhesives used for binding plastic materials together such as polycarbonate, acrylic, styrene, and other plastics. It is used for fixing home appliances such as a computer, phones, audio appliances and for fixing car parts, electrical tubes, and others. Only goods and services traded between entities or sold to end consumers are included. The main types of resin used in manufacturing plastic adhesives includes epoxy, polyurethane, acrylic, silicone, MMA, cyanoacrylate. Epoxy is a two-part adhesive formed by mixing epoxy resin and hardener. Polyurethane adhesive is a thermoplastic polymer-based glue. It is formed by a chemical reaction between the polymers. This glue is extremely strong and resistant most forms of degradation. An acrylic adhesive is a resin-based adhesive which is made up of acrylic or methyl acrylic polymers. An extremely strong form of adhesive, acrylic adhesive often finds its use in the construction industry owing to its strength and environmental resistance. Methyl methacrylate (MMA) adhesives are acrylic adhesives that are made of a resin and hardener, which cure quickly at room temperature and have full bond strength soon after application. Cyanoacrylates or super glues are strong and fast-acting adhesives with industrial, medical, and household uses. The different types of technologies are and is used in automotive, building and construction, electrical and electronics, medical, packaging industries. The plastic adhesives market research report is one of a series of new reports from The Business Research Company that provides plastic adhesives market statistics, including plastic adhesives industry global market size, regional shares, competitors with a plastic adhesives market share, detailed plastic adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the plastic adhesives industry. This plastic adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global plastic adhesives market size grew from $7.32 billion in 2022 to $7.99 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The plastic adhesives market size is expected to grow to $10.84 billion in 2027 at a CAGR of 7.9%. Increasing demand for plastic adhesives from the construction sector coupled with the growth of the construction industry is anticipated to boost the demand for plastic adhesives market over the forecast period. In the construction sector, adhesives are used in adhesion of ceramic tiles, carpet laying, manufactured housing and prefabricated housing, fixing of vinyl or resilient flooring, pre-finished panels, fixing roof titles or systems, fixing floor or drywall lamination, and other applications. Economic growth and a rapidly growing urban population is expected to increase the demand for new residential and commercial buildings during the forecast period, thus increase the demand for adhesives. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. According to a report by PwC, around 60% of the world population is expected to live in cities by 2030. This rapid urbanization is expected to boost the demand for infrastructure and drive the adhesives market going forward. Adhesive products are potentially hazardous during the manufacturing stages, which negatively impacted the growth of the plastic adhesive market in the historic period. This is mainly because the manufacturing processes involve high temperatures and high-pressure reactions which can be dangerous unless controlled carefully. Due to this, regulations in the adhesives industry – in assessing and managing the risks involved in the manufacturing, transporting and disposing of chemicals – increased in the historic period. Adhesives have to be compliant with complex regulations that govern labeling, handling, manufacturing, and shipping and storage of the product. Additional compliance costs due to changing regulations, as different countries and geographies have different regulations, was a major restraint for plastic adhesives companies. Plastic adhesive companies are increasingly using automation and instrumentation solutions to control the production process more effectively. Automation instruments include control valves, temperature transmitters, level transmitters, flow transmitters and pressure transmitters that help improve operational efficiency in manufacturing facilities. For example, in 2020, Henkel invested $55 million for new adhesives facility in India. This factory is expected to be the largest adhesive manufacturing site in India, the smart manufacturing unit will be launched near Pune and it aims to meet the growing demands of high-performance solutions in adhesives, sealants and surface treatment products within the Asian country. Companies such as IBG use automated processes and high quality to achieve high efficiency and standardized work. IBG offers various automated systems used for bonding and sealing with different adhesives and sealants, as well as turnkey plants. In October 2020, Pidilite, an Indian company that specializes in the manufacturing of adhesives, they also sell various industrial and construction chemicals, acquired Huntsmans India unit for $284 million US. The acquisition is expected to help Pidilite strengthen their portfolio by adding araldite to their portfolio of products. Also, in addition to the Indian subcontinent business, the acquisition includes a trademark license for the Middle East, Africa and ASEAN countries. Huntsman Corporation specializes in the manufacturing and marketing of chemical products. Huntsman Corporation was founded in 1982. Huntsman Corporation in an American company, headquartered in Texas. Major players in the plastic adhesives market are H.B. Fuller Company, Henkel Corporation, 3M Company, Permabond LLC, Sika AG, DowDuPont, Parker Hannifin Corporation, Master Bond Inc., Huntsman International Llc., Arkema, Adhesive Research Inc., BASF SE, Bostik, Buhnen, Dowdupont, Hexion, Lord Corporation, Mapei Spa, and Pidilite Industry Ltd. Asia-Pacific was the largest region in the plastic adhesives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the plastic adhesives report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the plastic adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The plastic adhesives market consists of sales of plastic adhesives in different forms including pellets, paste and liquid. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global plastic adhesives market is segmented - 1) By Resin Type: Epoxy, Polyurethane, Acrylic, Silicone, MMA, Cyanoacrylate, Other Resin Types 2) By Technology: Solvent-based, Water-based 3) By End-user: Automotive, Building and Construction, Electrical and Electronics, Medical, Packaging, Other End-Users

The wood adhesives are utilized to bind wooden materials with each other or with diverse materials. Wood adhesives are polymeric compounds capable of reacting with the surface of the wood in such a way that stresses are passed between bonded parts, either physically, chemically, or both. Wood adhesives are commonly used to manufacture building materials such as plywood and other laminated veneer products, particleboard, oriented strand board, fiberboard, laminated beams and timbers, edge- and enjoined products, architectural doors, windows, and frames, and fiberglass insulation. The main products of wood adhesives are urea-formaldehyde, melamine-urea-formaldehyde, phenol-formaldehyde, isocyanates, polyurethane, polyvinyl acetate, soy-based, and others. Urea-formaldehyde is one of the most important formaldehyde resin adhesives. It is a polymeric condensation product of formaldehyde and urea and is widely used for the manufacture of wood-based composite panels. The different technologies include solvent-based, water-based, and others and involve various types of resins, such as natural and synthetic. It is used in several applications, including flooring and decks, plywood, furniture, cabinets, windows and doors, and others. The wood adhesives market research report is one of a series of new reports from The Business Research Company that provides wood adhesives market statistics, including wood adhesives industry global market size, regional shares, competitors with a wood adhesives market share, detailed wood adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the wood adhesives industry. This wood adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wood adhesives market size grew from $4.81 billion in 2022 to $5.16 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wood adhesives market size is expected to grow to $6.48 billion in 2027 at a CAGR of 5.9%. The significant increase in spending of consumers on home decorative and luxury furniture products is expected to drive the growth of the wood adhesives market going forward. Wood adhesives are used for most wood joinery purposes and are an effective assembly choice for home decor and wooden furniture. Despite major supply chain challenges, luxury furniture and home goods retailer RH remains optimistic that robust consumer spending will continue as the business strives to position itself beyond curating and selling objects and towards conceiving and selling settings. For instance, RH's net revenue in the second quarter of 2021 was $989 million, up 39% from the previous year and 40% from the second quarter of 2019. RH currently expects its full-year sales in 2021 to grow by 31% to 33%, up from previous predictions of 25% to 30%, based on the stability of the business. As a result, the increase in consumer spending on home decorative and luxury furniture products drives the growth of the wood adhesives market. Strategic collaborations are shaping the wood adhesive market. Strategic collaborations provide manufacturers of wood adhesives with a broader distribution range, which aids in market growth. For instance, in June 2021, to meet the increased demand for adhesive applications in the B2B woodworking industry, HB Fuller signed a distribution deal with Jubilant Agri and Consumer Products, a 100% subsidiary of Jubilant Industries. This strategic partnership will help HB Fuller expand the reach of its high-performing adhesive solutions across a variety of technologies, including water-based, hot melt moisture cures, and polyurethanes, to better meet customers' specific adhesion and sustainability needs while also providing access to global experts and local expertise, service, and technical support. Furthermore, in April 2021, Innovative Chemical Products Group (ICP Group) acquired Choice Adhesives. With the acquisition of Choice Adhesives to the ICP BSG family, the ICP BSG family will be able to effectively support its professional clients in the roofing adhesive sector. In August 2021, Arkema, a France-based specialty chemicals and advanced materials company, acquired Ashland performance adhesives for $1.65 billion. This acquisition aligns with the Arkema Group’s ambition to become a pure specialty materials player by 2024 and focus its development on sustainable and high-performance solutions. Ashland Global is a US-based chemical company that manufactures wood adhesives. Major players in the wood adhesives market are Henkel AG & Co., H.B. Fuller, 3M, Sika AG, The Dow Chemical Company, AkzoNobel N.V., Bostik, Pidilite Industries, Huntsman Corporation, Arkema, Jubilant Industries, Aica Kogyo Company Limited, Avery Dennison, Adhesives Research Inc., and W.F. Taylor. Asia-Pacific was the largest region in the wood adhesives market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wood adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wood adhesives market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The wood adhesives market consists of sales of cyanoacrylates and epoxy wood adhesives. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.   The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wood adhesives market is segmented - 1) By Product: Urea-formaldehyde, Melamine urea-formaldehyde, Phenol-formaldehyde, Isocyanates, Polyurethane, Polyvinyl acetate, Soy-based, Other Products 2) By Technology: Solvent-Based, Water-Based, and Other Technologies 3) By Resin Type: Natural, Synthetic 4) By Application: Flooring and Decks, Plywood, Furniture, Cabinets, Windows and Doors, and Other Applications

The hot-melt-based adhesives are thermoplastic adhesives that are heated to create a melt before applying to the surface and are designed to be melted in an electric hot glue gun. The hot-melt-based adhesives are marketed in a solid state at room temperature, and these are activated through heating beyond their softening point between 50 and 160 degrees. The main types of hot-melt-based adhesives are thermoplastic polyurethane, ethylene vinyl acetate, styrenic-butadiene copolymers, polyolefins, polyamide, and other resin types. Polyamide is a polymer in which the amide group (CONH) connects the monomer units. The hot-melt-based adhesives are applied in packaging solutions, nonwoven hygiene products, furniture and woodwork, bookbinding, and other sectors that are used by building and construction, packaging, transportation, electrical and electronic appliances, healthcare, and other industries. The hot-melt-based adhesives market research report is one of a series of new reports from The Business Research Company that provides hot-melt-based adhesives market statistics, including hot-melt-based adhesives industry global market size, regional shares, competitors with a hot-melt-based adhesives market share, detailed hot-melt-based adhesives market segments, market trends and opportunities, and any further data you may need to thrive in the hot-melt-based adhesives industry. This hot-melt-based adhesives market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global hot-melt-based adhesives market size will grow from $15.65 billion in 2022 to $17.04 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hot-melt-based adhesives market size is expected to grow from $23.54 billion in 2027 at CAGR of 8.4%. With growing awareness to preserve the environment, customers/consumers are fetching for eco-friendly products. Features like affordability, non-release of VOC into the environment, longer shelf life, reusability without degradation, and fast-drying ability are making hot melt adhesives as environmentally friendly adhesives when compared to other adhesives. For example, companies such as Bostik are providing hot-melt polyurethane adhesive for the textile industry by using a solventless technology that reduces the usage of hazardous solvents like methylene chloride. Hot-melt polyurethane adhesive has seen visible success in Asian underwear, sportswear, and medical garment manufacturers. The increasing demand for hot-melt polyurethane adhesives will drive the hot melt adhesives market. Many products produced by adhesives companies are potentially hazardous during the manufacturing stages. This is mainly because the manufacturing processes involve high temperatures and high-pressure reactions, which can be dangerous unless controlled carefully. In addition, some of these manufactured dyes harm both living organisms and the environment. Due to this, regulations in the adhesives industry—in assessing and managing the risks involved in the manufacturing, transporting, and disposing of chemicals—increased in the historical period. Adhesives have to be compliant with complex regulations that govern the labeling, handling, manufacturing, shipping, and storage of the product. Additional compliance costs for these changing regulations, as different countries and geographies have different regulations, were a major restraint for hot melt-based adhesives companies. Many hot melt-based adhesive companies are adopting IoT (Internet of Things) technologies to connect equipment and smart devices to garner real-time insights and locate gaps in the manufacturing process. The data obtained is processed, analyzed, and interpreted by plant managers and senior-level management to improve quality and achieve optimum production levels. For example, smart systems give information on the working condition and performance of chemical reactors with embedded software and analytics tools to notify plant operators and managers of possible machine breakdowns. For instance, some of the major companies adopting IoT include BASF SE, The Dow Chemical Company, and H.B. Fuller. Major players in the hot-melt-based adhesives market are Jowat Se, Sika AG, Tex Year Industries Inc., DowDuPont, Costchem SRL, American Chemical Inc., Bostik Inc., Huntsman Corp., Beardow & Adams Ltd., and Hexcel Corporation. Asia-Pacific was the largest region in the hot-melt-based adhesives market in 2022. North America was the second-largest region in the global hot-melt-based adhesives market. The regions covered in the global hot-melt-based adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the hot melt-based adhesives market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, and Australia. The hot-melt-based adhesives market consists of the sales of hot-melt pressure-sensitive adhesives, and poly amides hot-melt adhesives. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hot-melt-based adhesives market is segmented - 1) By Type: Thermoplastic Polyurethane, Ethylene Vinyl Acetate, Styrenic-butadiene Copolymers, Polyolefins, Polyamide, Other Resin Types 2) By Application: Packaging Solutions, Nonwoven Hygiene Products, Furniture & Woodwork, Bookbinding, Other Applications 3) By End User: Building and Construction, Packaging, Transportation, Electrical and Electronic Appliances, Healthcare, Other End Users

The reactives & other adhesives market consists of sales of reactive & others adhesives which are generally made out of monomer (resin) and an initiator.