Plastic Adhesives Global Market Report 2022 – By Resin Type (Epoxy, Polyurethane, Acrylic, Silicone, MMA, Cyanoacrylate, Other Resin Types), By Technology (Solvent-based, Water-based), By End-User (Automotive, Building and Construction, Electrical and Electronics, Medical, Packaging, Other End-Users) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : | Delivery Time: 2-3 business days | Format :


The plastic adhesives market consists of sales of plastic adhesives by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing plastic adhesives. Plastic adhesives refer to a special type of adhesives used for bonding plastic materials.

The main resin types of plastic adhesives are epoxy, polyurethane, acrylic, silicone, MMA, cyanoacrylate, and other resin types. Silicone is defined as an inert synthetic compound that can be in the form of rubber, resin, or oil. They are generally present in adhesives, sealants, medical applications, lubricants, insulation, and cookware. The major technologies involved in plastic adhesives are solvent-based and water-based. The various end-users of plastic adhesives include automotive, building and construction, electrical and electronics, medical, packaging, and other end-users.

The global plastic adhesives market size is expected to grow from $6.71 billion in 2021 to $7.27 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The global plastic adhesive market size is expected to grow to $9.75 billion in 2026 at a CAGR of 7.6%.

Increasing demand for plastic adhesives from the construction sector coupled with the growth of the construction industry is anticipated to boost the demand for the plastic adhesives market over the forecast period. In the construction sector, adhesives are used in the 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 are expected to increase the demand for new residential and commercial buildings during the forecast period, thus increasing 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, the 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 the labeling, handling, manufacturing, shipping, and storage of the product. Additional compliance costs due to changing regulations, as different countries and geographies have different regulations, were 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 its portfolio by adding Araldite to its portfolio of products. Also, in addition to the Indian subcontinent business, the acquisition includes a trademark license for 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 is 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., and Arkema.

Asia Pacific was the largest region in the plastic adhesives market in 2021. The regions covered in the global plastic adhesives market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the plastic adhesives market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The global plastic adhesives market is segmented -

1) By Resin Type: Epoxy, Polyurethane, Acrylic, Silicone, MMA, Cyanoacrylate, Others

2) By Technology: Solvent-Based, Water-Based

3) By End-User: Automotive, Building and Construction, Electrical and Electronics, Medical, Packaging, Others

    Table Of Contents

    1. Executive Summary

    2. Plastic Adhesives Market Characteristics

    3. Plastic Adhesives Market Trends And Strategies

    4. Impact Of COVID-19 On Plastic Adhesives

    5. Plastic Adhesives Market Size And Growth

    5.1. Global Plastic Adhesives Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Plastic Adhesives Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Plastic Adhesives Market Segmentation

    6.1. Global Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Epoxy

    Polyurethane

    Acrylic

    Silicone

    MMA

    Cyanoacrylate

    Other Resin Types

    6.2. Global Plastic Adhesives Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Solvent-Based

    Water-Based

    6.3. Global Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Automotive

    Building and Construction

    Electrical and Electronics

    Medical

    Packaging

    Other End-Users

    7. Plastic Adhesives Market Regional And Country Analysis

    7.1. Global Plastic Adhesives Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Plastic Adhesives Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Plastic Adhesives Market

    8.1. Asia-Pacific Plastic Adhesives Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Plastic Adhesives Market

    9.1. China Plastic Adhesives Market Overview

    9.2. China Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Plastic Adhesives Market

    10.1. India Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Plastic Adhesives Market

    11.1. Japan Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Plastic Adhesives Market

    12.1. Australia Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Plastic Adhesives Market

    13.1. Indonesia Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Plastic Adhesives Market

    14.1. South Korea Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Plastic Adhesives Market

    15.1. Western Europe Plastic Adhesives Market Overview

    15.2. Western Europe Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Plastic Adhesives Market

    16.1. UK Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Plastic Adhesives Market

    17.1. Germany Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Plastic Adhesives Market

    18.4. France Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Plastic Adhesives Market

    19.1. Eastern Europe Plastic Adhesives Market Overview

    19.2. Eastern Europe Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Plastic Adhesives Market

    20.1. Russia Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Plastic Adhesives Market

    21.1. North America Plastic Adhesives Market Overview

    21.2. North America Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Plastic Adhesives Market

    22.1. USA Plastic Adhesives Market Overview

    22.2. USA Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Plastic Adhesives Market

    23.1. South America Plastic Adhesives Market Overview

    23.2. South America Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Plastic Adhesives Market

    24.1. Brazil Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Plastic Adhesives Market

    25.1. Middle East Plastic Adhesives Market Overview

    25.2. Middle East Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Plastic Adhesives Market

    26.1. Africa Plastic Adhesives Market Overview

    26.2. Africa Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Plastic Adhesives Market Competitive Landscape And Company Profiles

    27.1. Plastic Adhesives Market Competitive Landscape

    27.2. Plastic Adhesives Market Company Profiles

    27.2.1. H.B. Fuller Company

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Henkel Corporation

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. 3M Company

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Permabond LLC

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Sika AG

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Plastic Adhesives Market

    29. Plastic Adhesives Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Plastic Adhesives Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Plastic Adhesives Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Plastic Adhesives Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Plastic Adhesives Market, Segmentation By Resin Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Plastic Adhesives Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: H.B. Fuller Company Financial Performance
  • Table 47: Henkel Corporation Financial Performance
  • Table 48: 3M Company Financial Performance
  • Table 49: Permabond LLC Financial Performance
  • Table 50: Sika AG Financial Performance

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