Global Plastic Bonding Adhesives Market Overview:
Plastic adhesives are packaged in syringes, bubble packs, cartridges, jars, metal and plastic containers, and drums for ease of use. For maximum convenience. Plastic adhesives are glues that are used to bind together plastic materials such as polycarbonate, acrylic, styrene, and others. It is used to repair items such as computers, phones, and audio equipment, as well as auto parts, electrical tubes, and other items. The most commonly used resins in the production of plastic adhesives are epoxy, polyurethane, acrylic, silicone, MMA, and cyanoacrylate. Epoxy is a two-part adhesive composed of epoxy resin and hardener. Polyurethane adhesive is a thermoplastic glue made from polymers. It is created by a chemical reaction between polymers.
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- Growth in the Construction Industry, Boosting Demand for the Usage of Plastic Adhesives in Residential, Commercial, & Industrial Infrastructure
- The Availability of the Non-Plastic Adhesives in the Market
- Surging Applications of the Plastic Adhesives in Industries Like Automotive, Medical, Telecom & Defence
- Rising Demand for Environment Friendly and Products which Enhance Sustainability
- Adhesives can Lose their Property or Weaken in Strength in Different Environmental Surroundings, thus Innovation will be Key to Resolve this Challenge
The Market for the Plastic Bonding Adhesives is Fragmented with the Presence of Global as well as Regional Players. Leading Players can Adopt Strategies like a Merger, Acquisition, Expansion, New Product Launches, In Order to Gain Share Within the Market. Owing to Booming Construction Industry, There are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are 3M Company (United States), H.B. Fuller Company (United States), Henkel Corporation (Germany), DuPont (United States), Permabond LLC (United States), Sika AG (Switzerland), Parker Hannifin Corporation (United States) and Master Bond Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Toyochem (Japan), Huntsman International Llc. (United States) and Arkema Group (France). Analyst at AMA Research see United States Vendors to retain maximum share of Global Plastic Bonding Adhesives market by 2027. Considering Market by Forms, the sub-segment i.e. Paste will boost the Plastic Bonding Adhesives market. Considering Market by Industry Vertical, the sub-segment i.e. Automotive will boost the Plastic Bonding Adhesives market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Plastic Bonding Adhesives market.
Latest Market Insights:
On 31 October 2021, An agreement was signed for the acquisition of Ashlandís Performance Adhesives business, a first-class leader in high performance adhesives for industrial applications in the United States with a unique and innovative product portfolio. This project is perfectly aligned with the Groupís ambition to become a pure Specialty Materials player by 2024.
On 1 September 2020, Toyochem Co., Ltd. has developed a new series of biodegradable pressure-sensitive adhesives (PSAs). Marketed under the Cyabine series of polyurethane PSAs, the newly developed product is suitable for materials for the packaging, construction, agriculture and other industries where the use of biodegradable or recoverable materials are preferred.
What Can be Explored with the Plastic Bonding Adhesives Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Plastic Bonding Adhesives Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Plastic Bonding Adhesives
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Plastic Bonding Adhesives market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Plastic Bonding Adhesives market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Plastic Bonding Adhesives Manufacturers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.