Market Overview:
The global polyester adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for optical products, furniture, and construction applications. Polyester adhesives are used in a wide range of applications such as optical products, furniture, construction, automotive components, and medical devices. They are also used as an adhesive for bonding metals and plastics together.
Product Definition:
Polyester adhesives are adhesive materials that contain polyester resin. They are used in a variety of applications, including bonding metal to metal, wood to wood, and plastic to plastic. Polyester adhesives can be very strong and durable, making them ideal for heavy-duty applications.
Solvents:
Solvents are basically chemicals that dissolves other chemicals to form a solution. Solvent is used in the production of polyester adhesives through emulsion or suspension methods. The most commonly used solvent for producing polyester adhesives is MEK (Methyl Ethyl Ketone). Other widely used solvents include ethanol, acetone, and water among others.
The global solvent market size was valued at USD 7.8 billion in 2016.
Hardening Initiators:
Hardening Initiators are organic compounds that induce plasticization or cross-linking of polymer chains. They have high molecular weight and low molecular weight components. The two major types include non-reactive and reactive hardening initiators.
Application Insights:
Optical products was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. The rising demand for high-quality optical products coupled with growing preference for advanced technology products is expected to drive the product demand in this application segment.
The furniture industry witnessed a rise of around 10% in terms of revenue from 2016 to 2017, on account of increasing consumer disposable income and rapid urbanization. Rising employment rates also play a major role in increasing spending on home furnishing activities, which further boosts polyester adhesives market growth. Moreover, strong economic development along with easy access to foreign markets through improved transportation infrastructure has boosted regional production centers output value thereby driving overall market growth across various regions globally over recent years. Increasing construction spending by consumers across developing countries such as China India Indonesia Thailand Vietnam Philippines Brazil etc., are expected to boost product consumption during construction projects thereby fueling overall global polyester adhesive market expansion over next few years.
Regional Analysis:
Asia Pacific was the dominant regional segment occupying over 45.0% of the total market volume in 2017. The region is projected to continue its dominance over the forecast period, owing to increasing product demand from key industries including furniture, automotive and construction. China emerged as a major consumer for PSA products with high domestic consumption along with large-scale imports from other countries such as Thailand and India.
The growth of end-use industries in emerging economies such as China and India has resulted in increased domestic production coupled with export across Asia Pacific region which is expected to have a positive impact on industry growth during the forecast period. North America emerged as one of the prominent consumers for PSA due to growing demand from several key application sectors including furniture, construction and optical products among others which are likely to drive industry expansion over next eight years until 2030 time frame).
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Rising demand for lightweight and durable adhesives in automotive applications
- Growing popularity of polyester adhesives in Asia Pacific region
- Technological advancements in adhesive formulations
- Rising investments by adhesive manufacturers to expand their production capacities
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyester Adhesives Market Research Report
By Type
Solvents, Hardening Initiators, Hardening Catalysts, Extenders
By Application
Optical Products, Furniture, Construction
By Companies
DowDuPont, ABP, EY Technologies, Axson Technologies, Evonik Industries, DowDuPont
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Polyester Adhesives Market Report Segments:
The global Polyester Adhesives market is segmented on the basis of:
Types
Solvents, Hardening Initiators, Hardening Catalysts, Extenders
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
Optical Products, Furniture, Construction
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:
- DowDuPont
- ABP
- EY Technologies
- Axson Technologies
- Evonik Industries
- DowDuPont
Highlights of The Polyester 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:
- Solvents
- Hardening Initiators
- Hardening Catalysts
- Extenders
- By Application:
- Optical Products
- Furniture
- Construction
- 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 Polyester 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:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Polyester adhesives are a type of adhesive that is made from polyesters. These adhesives are used to attach materials together, and they have a high strength to weight ratio. They are also resistant to water and most chemicals, which makes them ideal for use in manufacturing.
Some of the key players operating in the polyester adhesives market are DowDuPont, ABP, EY Technologies, Axson Technologies, Evonik Industries, DowDuPont.
The polyester 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 Polyester 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 Polyester Adhesives Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Polyester 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 Polyester 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 Polyester Adhesives Market Size & Forecast, 2020-2028 4.5.1 Polyester Adhesives Market Size and Y-o-Y Growth 4.5.2 Polyester 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 Solvents
5.2.2 Hardening Initiators
5.2.3 Hardening Catalysts
5.2.4 Extenders
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 Optical Products
6.2.2 Furniture
6.2.3 Construction
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyester 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 Polyester 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 Solvents
9.6.2 Hardening Initiators
9.6.3 Hardening Catalysts
9.6.4 Extenders
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 Optical Products
9.10.2 Furniture
9.10.3 Construction
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 Solvents
10.6.2 Hardening Initiators
10.6.3 Hardening Catalysts
10.6.4 Extenders
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 Optical Products
10.10.2 Furniture
10.10.3 Construction
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 Solvents
11.6.2 Hardening Initiators
11.6.3 Hardening Catalysts
11.6.4 Extenders
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 Optical Products
11.10.2 Furniture
11.10.3 Construction
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 Solvents
12.6.2 Hardening Initiators
12.6.3 Hardening Catalysts
12.6.4 Extenders
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 Optical Products
12.10.2 Furniture
12.10.3 Construction
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 Solvents
13.6.2 Hardening Initiators
13.6.3 Hardening Catalysts
13.6.4 Extenders
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 Optical Products
13.10.2 Furniture
13.10.3 Construction
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 Polyester Adhesives Market: Competitive Dashboard
14.2 Global Polyester Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DowDuPont
14.3.2 ABP
14.3.3 EY Technologies
14.3.4 Axson Technologies
14.3.5 Evonik Industries
14.3.6 DowDuPont