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Solvent-Based Adhesives Global Market Report 2023 – By Type (PolyurethanePU, Styrenic Block, Ethyl Vinly AcetateEVA), By End User Industry (Paper and Packaging, Building and Construction, Woodworking, Automotive and Transportation, Other End Use Industries), By Distribution Channel (Direct Sales, Distributor) – Market Size, Trends, And Market Forecast 2023-2032

Starting Price : $4000.00 | Pages : 175 | Published : January 2023 | SKU CODE : r1537 | Delivery Time: 2-3 business days | Format :


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

    Table Of Contents

    1. Executive Summary

    2. Solvent-Based Adhesives Market Characteristics

    3. Solvent-Based Adhesives Market Trends And Strategies

    4. Solvent-Based Adhesives Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Solvent-Based Adhesives Market

    4.2 Ukraine-Russia War Impact On Solvent-Based Adhesives Market

    4.3 Impact Of High Inflation On Solvent-Based Adhesives Market

    5. Solvent-Based Adhesives Market Size And Growth

    5.1. Global Solvent-Based Adhesives Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Solvent-Based Adhesives Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Solvent-Based Adhesives Market Segmentation

    6.1. Global Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    PolyurethanePU

    Styrenic Block

    Ethyl Vinly AcetateEVA

    6.2. Global Solvent-Based Adhesives Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Paper and Packaging

    Building and Construction

    Woodworking

    Automotive and Transportation

    Other End Use Industries

    6.3. Global Solvent-Based Adhesives Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Direct Sales

    Distributor

    7. Solvent-Based Adhesives Market Regional And Country Analysis

    7.1. Global Solvent-Based Adhesives Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Solvent-Based Adhesives Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Solvent-Based Adhesives Market

    8.1. Asia-Pacific Solvent-Based 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 Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Solvent-Based Adhesives Market

    9.1. China Solvent-Based Adhesives Market Overview

    9.2. China Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Solvent-Based Adhesives Market

    10.1. India Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Solvent-Based Adhesives Market

    11.1. Japan Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Solvent-Based Adhesives Market

    12.1. Australia Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Solvent-Based Adhesives Market

    13.1. Indonesia Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Solvent-Based Adhesives Market

    14.1. South Korea Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Solvent-Based Adhesives Market

    15.1. Western Europe Solvent-Based Adhesives Market Overview

    15.2. Western Europe Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Solvent-Based Adhesives Market

    16.1. UK Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Solvent-Based Adhesives Market

    17.1. Germany Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Solvent-Based Adhesives Market

    18.3. France Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Solvent-Based Adhesives Market

    19.1. Eastern Europe Solvent-Based Adhesives Market Overview

    19.2. Eastern Europe Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Solvent-Based Adhesives Market

    20.1. Russia Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Solvent-Based Adhesives Market

    21.1. North America Solvent-Based Adhesives Market Overview

    21.2. North America Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Solvent-Based Adhesives Market

    22.1. USA Solvent-Based Adhesives Market Overview

    22.2. USA Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Solvent-Based Adhesives Market

    23.1. South America Solvent-Based Adhesives Market Overview

    23.2. South America Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Solvent-Based Adhesives Market

    24.1. Brazil Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Solvent-Based Adhesives Market

    25.1. Middle East Solvent-Based Adhesives Market Overview

    25.2. Middle East Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Solvent-Based Adhesives Market

    26.1. Africa Solvent-Based Adhesives Market Overview

    26.2. Africa Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Solvent-Based Adhesives Market Competitive Landscape And Company Profiles

    27.1. Solvent-Based Adhesives Market Competitive Landscape

    27.2. Solvent-Based Adhesives Market Company Profiles

    27.2.1. 3M

    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. Alfa International 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. Arkema Group (Bostik SA)

    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. Ashland Inc.

    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. Avery Dennison Corp.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Solvent-Based Adhesives Market

    29. Solvent-Based Adhesives Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Solvent-Based Adhesives Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Solvent-Based Adhesives Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Solvent-Based Adhesives Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Solvent-Based Adhesives Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: 3M Financial Performance
  • Table 28: Alfa International Corporation Financial Performance
  • Table 29: Arkema Group (Bostik SA) Financial Performance
  • Table 30: Ashland Inc. Financial Performance
  • Table 31: Avery Dennison Corp. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Solvent-Based Adhesives Market, Segmentation By End User Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Solvent-Based Adhesives Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Solvent-Based Adhesives Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Solvent-Based Adhesives Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Solvent-Based Adhesives Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: 3M Financial Performance
  • Figure 28: Alfa International Corporation Financial Performance
  • Figure 29: Arkema Group (Bostik SA) Financial Performance
  • Figure 30: Ashland Inc. Financial Performance
  • Figure 31: Avery Dennison Corp. Financial Performance
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