Adhesive Coating Market primed by growth in industrial applications
The adhesive coating market plays a vital role in numerous industries including construction, packaging, automotive, woodworking and others by joining different materials permanently. Adhesive coatings offer exceptional adhesion properties, cost-efficiency and bond strength compared to mechanical fasteners. They help reduce production time and weight of materials. Adhesive coatings are available in liquid, paste and solid forms for application via spraying, rolling and brushing.
The global adhesive coating market is estimated to be valued at USD 44.05 Bn in 2024 and is expected to reach USD 54.36 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3% from 2024 to 2031.
Key Takeaways
Key players operating in the adhesive coating market are Henkel AG & Co. KGaA, 3M Company, H.B. Fuller Company, Sika AG, BASF SE, Dow Inc., Arkema S.A., LORD Corporation, Jowat SE, Avery Dennison Corporation, Momentive Performance Materials Inc., Franklin International, Tesa SE, Huntsman Corporation, and Mitsubishi Chemical Corporation. The growing demand from industries such as packaging, construction, woodworking, automotive and others is primarily driving the adhesive coating market. The market is witnessing high growth in the Asia Pacific region owing to rapid industrialization and urbanization in major economies of China and India.
Market Drivers
The rapid growth of the industrial sector across
The adhesive coating market plays a vital role in numerous industries including construction, packaging, automotive, woodworking and others by joining different materials permanently. Adhesive coatings offer exceptional adhesion properties, cost-efficiency and bond strength compared to mechanical fasteners. They help reduce production time and weight of materials. Adhesive coatings are available in liquid, paste and solid forms for application via spraying, rolling and brushing.
The global adhesive coating market is estimated to be valued at USD 44.05 Bn in 2024 and is expected to reach USD 54.36 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3% from 2024 to 2031.
Key Takeaways
Key players operating in the adhesive coating market are Henkel AG & Co. KGaA, 3M Company, H.B. Fuller Company, Sika AG, BASF SE, Dow Inc., Arkema S.A., LORD Corporation, Jowat SE, Avery Dennison Corporation, Momentive Performance Materials Inc., Franklin International, Tesa SE, Huntsman Corporation, and Mitsubishi Chemical Corporation. The growing demand from industries such as packaging, construction, woodworking, automotive and others is primarily driving the adhesive coating market. The market is witnessing high growth in the Asia Pacific region owing to rapid industrialization and urbanization in major economies of China and India.
Market Drivers
The rapid growth of the industrial sector across
13 hours ago
