The acrylic adhesives are the type of adhesives which are manufactured by using methacrylate and acrylate monomers as a major raw material. The polymer mixtures are dissolved in methacrylate or acrylate monomer, and the adhesive is produced as two different components. The two different components consist of oxidising agents mainly peroxide compounds such as benzoyl peroxide, and the other component consists of metal salts or amines as reducing agent.
North America Acrylic Adhesives Market Segments Size & Growth:
North America acrylic adhesives market size is expected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include dynamic economic development in Asia-Pacific, growing North America automotive industry, increased demand for water-based acrylic adhesives, increasing demand from packaging industry, and technological advancements in end-user industries. However, volatility in raw material prices, and stringent environmental regulations in European countries are hindering the growth of the market. Various opportunities for acrylic adhesives market include the development of bio-based products, increasing export from Asia-Pacific region, and innovation in applications and products
North America Acrylic Adhesives Market Segments Share:
North America acrylic adhesives market is categorised into technology which comprises of water-based acrylic adhesives, solvent-based acrylic adhesives, and reactive & other acrylic adhesives. The water-based acrylic adhesives segment is expected to hold the largest share in the market because of its unique characteristics such as UV, humidity, and discolouration resistance. By type, the
On the basis of Geography, USA is projected to hold the largest share in the market and anticipated to witness the highest growth rate during the forecast period because of increasing industrial investment and high GDP growth in the emerging economies, growing population, and increasing demand for various applications, such as paper & packaging and construction are estimated to boost the growth of the USA acrylic adhesives market. Countries like USA, Canada, and Mexico are estimated to be the major markets for acrylic adhesives in the North American region, and among them, USA is estimated to be the largest market regarding consumption. The demand for acrylic adhesives in North America is expected to grow at a slow rate mainly owing to the stringent regulations in the region and market saturation in several end-user
North America Acrylic Adhesives Market Trends:
North America Acrylic Adhesives Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players, such as
Along with these companies, there were many other companies considered/cited in the report while analysing the North America acrylic adhesives market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Starting from $2700
Starting from $2700
Starting from $2700
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