Market Overview:
The global non-reactive adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for non-reactive adhesives from various end-use industries, such as packaging, construction, automotive, electronics & electrical, furniture & laminates and medical industries. In addition, the growing demand for water-based adhesive and hot melt adhesive is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Non-reactive adhesives are those that do not form bonds with the molecules of the materials they are attached to. This makes them ideal for gluing together delicate or sensitive items, as there is little risk of damage or discoloration. Non-reactive adhesives can also be used in applications where strong bonds are not necessary, as they will not cause any stress on the materials being joined.
Water-based Adhesive:
Water-based adhesive is a type of synthetic organic adhesives, which are manufactured using water as the key raw material. They have high bonding power to both non-absorbent and absorbent materials. Water-based adhesive also has good wetting characteristics and can be easily applied by brush, roller or spray. It offers rapid setting time with less viscosity making it suitable for use in applications that require immediate attention such as packaging and labeling where fast setting times are critical.
Solvent-based Adhesive:
Solvent-based adhesive is a product that uses water as one of its major ingredients. It is also referred to as water-based adhesives or wet adhesives. These products are manufactured using emulsion technology wherein the two components namely resin and solvent are mixed in an appropriate ratio which determines the properties of the end product.
Application Insights:
The packaging industry was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The increasing use of adhesives in corrugated boxes, cartons, paper tapes and labels for food & beverages, medical devices & equipment as well as household care products is expected to drive demand.
Non-reactive adhesives are used extensively in automotive applications owing to their superior strength and bonding capabilities. They are also used for assembling interior components such as instrument panels, seat bases and steering wheels which make them more durable than conventional joints that rely on welding or rivets. Increasing production of electric vehicles (EV) across the globe coupled with rising consumer awareness regarding environment protection is likely to propel market growth over the coming years.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, which makes it a potential growth area for industry participants. In addition, rapid industrialization and urbanization in this region are likely to support demand growth over the next eight years.
China is one of the fastest-growing markets owing to increasing construction activities coupled with growing automotive production across key countries such as India, Japan, Indonesia and Thailand among others. Moreover, rising awareness regarding green products due to stringent regulations by various regulatory bodies including REACH (Registration, Evaluation & Authorization) in Europe will drive product demand further.
North America accounted for more than 20% of total market volume share in 2016 owing to high consumption from packaging applications on account of new product launches along with technological advancements witnessed during past few years particularly within U.S.
Growth Factors:
- Increasing demand from end-use industries: The global non-reactive adhesive market is projected to grow at a CAGR of 5.5% from 2017 to 2022, owing to the increasing demand from end-use industries such as construction, automotive, and packaging.
- Rising awareness about environment-friendly products: There is an increasing awareness among consumers about the benefits of using environment-friendly products. This is expected to drive the growth of the non-reactive adhesive market in the coming years.
- Growing demand for lightweight vehicles: The global trend towards lightweight vehicles is expected to boost the growth of the non-reactive adhesive market in future years. Non-reactive adhesives are used in various applications such as bonding and sealing components in automobiles that helps reduce weight and improve fuel efficiency .
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Reactive Adhesives Market Research Report
By Type
Water-based Adhesive, Solvent-based Adhesive, Hot Melt Adhesive, Pressure Sensitive Adhesive
By Application
Packaging Industry, Construction Industry, Automotive Industry, Electronics & Electrical Industry, Furniture & Laminates Industry, Medical Industry, Others
By Companies
M(U.S.), H.B. Fuller(U.S.), Henkel AG & Co. KGaA(Germany), DowDuPont, Sika AG(Switzerland), Arkema(France), Huntsman Corporation(U.S.), Avery Dennison(U.S.), Wacker Chemie AG(Germany), Royal Adhesives and Sealants(U.S.), Franklin International(U.S.), LORD Corporation(U.S.), Illinois Tool Works(U.S.)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Non-Reactive Adhesives Market Report Segments:
The global Non-Reactive Adhesives market is segmented on the basis of:
Types
Water-based Adhesive, Solvent-based Adhesive, Hot Melt Adhesive, Pressure Sensitive Adhesive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging Industry, Construction Industry, Automotive Industry, Electronics & Electrical Industry, Furniture & Laminates Industry, Medical Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M(U.S.)
- H.B. Fuller(U.S.)
- Henkel AG & Co. KGaA(Germany)
- DowDuPont
- Sika AG(Switzerland)
- Arkema(France)
- Huntsman Corporation(U.S.)
- Avery Dennison(U.S.)
- Wacker Chemie AG(Germany)
- Royal Adhesives and Sealants(U.S.)
- Franklin International(U.S.)
- LORD Corporation(U.S.)
- Illinois Tool Works(U.S.)
Highlights of The Non-Reactive Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Water-based Adhesive
- Solvent-based Adhesive
- Hot Melt Adhesive
- Pressure Sensitive Adhesive
- By Application:
- Packaging Industry
- Construction Industry
- Automotive Industry
- Electronics & Electrical Industry
- Furniture & Laminates Industry
- Medical Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-Reactive Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-reactive adhesives are a type of adhesive that does not react with most substances. This means that the adhesive will not cause any damage to the surface it is being applied to, and will remain in place even after being exposed to harsh chemicals or heat.
Some of the major players in the non-reactive adhesives market are M(U.S.), H.B. Fuller(U.S.), Henkel AG & Co. KGaA(Germany), DowDuPont, Sika AG(Switzerland), Arkema(France), Huntsman Corporation(U.S.), Avery Dennison(U.S.), Wacker Chemie AG(Germany), Royal Adhesives and Sealants(U.S.), Franklin International(U.S.), LORD Corporation(U.S.), Illinois Tool Works(U.S.).
The non-reactive adhesives market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-Reactive Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Non-Reactive Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Non-Reactive Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Non-Reactive Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Non-Reactive Adhesives Market Size & Forecast, 2020-2028
4.5.1 Non-Reactive Adhesives Market Size and Y-o-Y Growth
4.5.2 Non-Reactive Adhesives Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Water-based Adhesive
5.2.2 Solvent-based Adhesive
5.2.3 Hot Melt Adhesive
5.2.4 Pressure Sensitive Adhesive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Packaging Industry
6.2.2 Construction Industry
6.2.3 Automotive Industry
6.2.4 Electronics & Electrical Industry
6.2.5 Furniture & Laminates Industry
6.2.6 Medical Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-Reactive Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Non-Reactive Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Water-based Adhesive
9.6.2 Solvent-based Adhesive
9.6.3 Hot Melt Adhesive
9.6.4 Pressure Sensitive Adhesive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Packaging Industry
9.10.2 Construction Industry
9.10.3 Automotive Industry
9.10.4 Electronics & Electrical Industry
9.10.5 Furniture & Laminates Industry
9.10.6 Medical Industry
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Water-based Adhesive
10.6.2 Solvent-based Adhesive
10.6.3 Hot Melt Adhesive
10.6.4 Pressure Sensitive Adhesive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Packaging Industry
10.10.2 Construction Industry
10.10.3 Automotive Industry
10.10.4 Electronics & Electrical Industry
10.10.5 Furniture & Laminates Industry
10.10.6 Medical Industry
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Water-based Adhesive
11.6.2 Solvent-based Adhesive
11.6.3 Hot Melt Adhesive
11.6.4 Pressure Sensitive Adhesive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Packaging Industry
11.10.2 Construction Industry
11.10.3 Automotive Industry
11.10.4 Electronics & Electrical Industry
11.10.5 Furniture & Laminates Industry
11.10.6 Medical Industry
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Water-based Adhesive
12.6.2 Solvent-based Adhesive
12.6.3 Hot Melt Adhesive
12.6.4 Pressure Sensitive Adhesive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Packaging Industry
12.10.2 Construction Industry
12.10.3 Automotive Industry
12.10.4 Electronics & Electrical Industry
12.10.5 Furniture & Laminates Industry
12.10.6 Medical Industry
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Water-based Adhesive
13.6.2 Solvent-based Adhesive
13.6.3 Hot Melt Adhesive
13.6.4 Pressure Sensitive Adhesive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Packaging Industry
13.10.2 Construction Industry
13.10.3 Automotive Industry
13.10.4 Electronics & Electrical Industry
13.10.5 Furniture & Laminates Industry
13.10.6 Medical Industry
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Non-Reactive Adhesives Market: Competitive Dashboard
14.2 Global Non-Reactive Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M(U.S.)
14.3.2 H.B. Fuller(U.S.)
14.3.3 Henkel AG & Co. KGaA(Germany)
14.3.4 DowDuPont
14.3.5 Sika AG(Switzerland)
14.3.6 Arkema(France)
14.3.7 Huntsman Corporation(U.S.)
14.3.8 Avery Dennison(U.S.)
14.3.9 Wacker Chemie AG(Germany)
14.3.10 Royal Adhesives and Sealants(U.S.)
14.3.11 Franklin International(U.S.)
14.3.12 LORD Corporation(U.S.)
14.3.13 Illinois Tool Works(U.S.)
