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Plastic Adhesives Market Share

Report ID: GMI8808
Published Date: Apr 2024
Report Format: PDF

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Plastic Adhesives Market Share

Plastic Adhesives Market Company Share, (2023)

The competitive landscape of the plastic adhesives industry is characterized by the presence of several prominent players, each contributing unique strengths and capabilities. Companies such as Henkel AG, 3M, and Dow Inc. command significant market share owing to their extensive product portfolios and strong global presence. Henkel AG, for instance, leverages its diverse range of adhesive technologies across industries, including automotive, electronics, and packaging, to maintain its competitive edge. Similarly, 3M's innovative adhesive solutions cater to a wide array of applications, from healthcare to aerospace, enhancing its market position.

In addition to these industry giants, there are notable players like Arkema, Ashland Inc., and H.B. Fuller, known for their specialized adhesive formulations and customer-centric approach. Arkema's focus on sustainable adhesive solutions and Ashland Inc.'s expertise in high-performance adhesives for construction and automotive industries contribute to their competitiveness in the market. H.B. Fuller's strategic acquisitions and investments in research and development bolster its position as a key player in the market. Overall, the competitive landscape is characterized by intense rivalry, driving companies to continually innovate and differentiate their offerings to meet evolving customer demands and industry trends.

Plastic Adhesives Market Companies

Major players operating in the market include:

3M
Arkema
Ashland Inc
Dow Inc
Dymax Corporation
H.B. Fuller
Henkel AG
Illinois Tool Works
Mapei S.P.A.
Master Bond Inc

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for plastic adhesives recorded USD 8 billion in 2023 and is expected to register over 5.4% CAGR from 2024 to 2032, due the expanding packaging sector requiring strong and versatile bonding solutions for various packaging materials.

The epoxy resin adhesives segment in the plastic adhesives industry reached USD 2.24 billion in 2023 and is expected to depict robust growth between 2024 and 2032, owing to their excellent resistance to heat, chemicals, and environmental factors for enhancing the durability of bonded assemblies.

Asia Pacific industry accumulated a revenue of USD 2.87 billion in 2023 and is predicted to reflect commendable growth from 2024 to 2032, on account of the expansion of packaging, e-commerce and FMCG sectors.

3M, Arkema, Ashland Inc, Dow Inc, Dymax Corporation, H.B. Fuller, Henkel AG, Illinois Tool Works, Mapei S.P.A., Master Bond Inc are some of the major plastic adhesives companies worldwide.