The global water-based adhesive market size was worth around USD 20.64 billion in 2023 and is predicted to grow to around USD 33.42 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.50% between 2024 and 2032.
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Water-based adhesives are widely used in a variety of industries and are derived from natural polymers. For example, water-based adhesives derived from animals are optimal for rapid applications, while the bookbinding procedure employs water-based adhesives derived from starch-based vegetables. Water-based adhesives are primarily employed to adhere a variety of substrates in a variety of applications, including paper and packaging, tapes and labels, woodworking, building and construction, and automotive and transportation. Stamp production, bookbinding, envelope labelling, and the labelling of intoxicating beverages are also applications for these adhesives. Over the forecast period, the water-based adhesive market is anticipated to be driven by long-lasting, strong bonds, low cost, and flexibility throughout the world.
Water-based adhesive is a secure choice for areas with minimal ventilation, such as classrooms, as it is free of solvents. The market is anticipated to be driven by water-based adhesives in the future years, as they are the primary adhesives used in coating, paper lamination, and bottle labelling. The transportation industry’s extensive utilisation of adhesives and sealants is typically motivated by fuel efficiency standards. Manufacturers have begun substituting metals with composites, polymers, and light metals that are not compatible with conventional mechanical fastening.
Heat shielding and sufficient bonding strength are provided by adhesives, which assemble a variety of layers to supplant mechanical fasteners. Adhesives are employed by manufacturers and assemblers for their numerous advantageous characteristics, including durability, reliability, and superior product performance. Additionally, adhesives contribute to the reduction of manufacturing expenses, which is expected to further stimulate the growth of this market in the years ahead.
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The Global Water-based Adhesive Market is segmented based on product, application and region
Global Water-based Adhesive Market: Product Segment Analysis
● Acrylic Polymer Emulsion (PAE)
● Polyvinyl Acetate (PVA) Emulsion
● Vinyl Acetate-Ethylene (VAE) Emulsion
● Styrene Butadiene (SB) Latex
● Polyurethane Dispersion (PUD)
● Others
Global Water-based Adhesive Market: Application Segment Analysis
● Tapes and Labels
● Paper and Packaging
● Building and Construction
● Woodworking
● Automotive and Transportation
● Others
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The global Water-based Adhesive market profiles key players such as:
● Dow Corning
● Evonik Industries AG
● DIC
● Illinois Tool Works Inc
● Huber Group
● 3M Company
● Franklin International Inc
Regional Analysis of the Water-based Adhesive Market
The historical and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa is included in the regional segmentation.
The regional segment of the global water-based adhesive market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The global water-based adhesive market was dominated by North America and Europe in 2017, as a result of the favourable government policies that favour the use of environmentally benign products. The Asia Pacific water-based adhesive market is expected to experience the highest compound annual growth rate (CAGR) during the forecast period. This is due to the numerous opportunities that the automotive, coating and paints, and packaging industries in emerging countries, including China and India, present.
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