South America Acrylic Adhesives Market – Size, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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South America Acrylic Adhesives Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

An acrylic adhesive is also known as light curing materials which are mainly used in the manufacturing sector on account of its brisk curing time and strong bond strength. It is efficiently used in diverse industrial markets such as electronics, medical, aerospace, telecommunication, glass and optical. They can withstand high-temperature fluctuations and are resistant to sunlight, water, and humidity. Thus the potential properties are increasing its demand in various end-user industries such as automotive, furniture, packaging, and others.

South America Acrylic Adhesives Market Segments Size & Growth:

South 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 South 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

South America Acrylic Adhesives Market Segments Share:

South 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

South America Acrylic Adhesives Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
of its unique characteristics such as UV, humidity, and discolouration resistance. By type, the market is segmented into acrylic polymer emulsion, cyanoacrylic adhesives, methacrylic adhesives, and UV curable acrylic adhesives. Acrylic polymer emulsion segment is further categorised into pure acrylic, styrene acrylics, and vinyl acrylics. Cyanoacrylic adhesives segment is further categorised into ethyl cyanoacrylate, methyl cyanoacrylate, N-butyl cyanoacrylate, 2-octyl cyanoacrylate, and others. By end-users, the market is segmented into electrical & electronics, furniture, paper & packaging, automotive, construction, healthcare, and others. Among them, paper & packaging segment is expected to hold the largest share in huge growth opportunity

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South America Acrylic Adhesives Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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