Plastic Adhesive Market Report: Trends, Forecast and Competitive Analysis to 2030

Plastic Adhesive Trends and Forecast

The future of the global plastic adhesive market looks promising with opportunities in the automotive, building & construction, electrical & electronics, healthcare, packaging, and footwear markets. The global plastic adhesive market is expected to reach an estimated $12.0 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing preference for eco-friendly and sustainable adhesive solution and significant application of this adhesive in medical and electronics sector.

A more than 150-page report is developed to help in your business decisions.

Plastic Adhesive by Segment

The study includes a forecast for the global plastic adhesive by resin type, substrate, technology, end use, and region.

Plastic Adhesive Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:

• Epoxy
• Acrylic
• Silicon
• Polyurethane
• Cyanoacrylate
• Others

Plastic Adhesive Market by Substrate [Shipment Analysis by Value from 2018 to 2030]:

• Polyethylene
• Polypropylene
• Fluoropolymer
• Acetal
• Thermoplastic Vulcanizates
• Others

Plastic Adhesive Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Solvent Based
• Water Based

Plastic Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Building & Construction
• Electrical & Electronics
• Healthcare
• Packaging
• Footwear
• Others

Plastic Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Plastic Adhesive Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies plastic adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the plastic adhesive companies profiled in this report include-

• Henkel
• H.B. Fuller
• Arkema
• 3M
• Sika

Plastic Adhesive Market Insights

Lucintel forecasts that polyurethane will remain the largest segment over the forecast period due to its extensive use in a variety of applications, such as large-area sheet bonding for metals and composites, structural bonding and windshield sealing for automobiles, and industrial and residential settings.

Within this market, packaging will remain the largest segment due to growing demand for plastic adhesives in flexible packaging.

APAC will remain the largest region over the forecast period due to significant demand for plastic adhesive from various end use industries, such as packaging, automotive, building & construction, healthcare, and electronics in the region.

Features of the Global Plastic Adhesive Market

Market Size Estimates: Plastic adhesive market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Plastic adhesive market size by various segments, such as by resin type, substrate, technology, end use, and region in terms of value ($B).

Regional Analysis: Plastic adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different resin types, substrates, technologies, end uses, and regions for the plastic adhesive market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the plastic adhesive market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the plastic adhesive market size?

Answer: The global plastic adhesive market is expected to reach an estimated $12.0 billion by 2030.

Q2. What is the growth forecast for plastic adhesive market?

Answer: The global plastic adhesive market is expected to grow with a CAGR of 6.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the plastic adhesive market?

Answer: The major drivers for this market are increasing preference for eco-friendly and sustainable adhesive solution and significant application of this adhesive in medical and electronics sector.

Q4. What are the major segments for plastic adhesive market?

Answer: The future of the plastic adhesive market looks promising with opportunities in the automotive, building & construction, electrical & electronics, healthcare, packaging, and footwear markets.

Q5. Who are the key plastic adhesive market companies?

Answer: Some of the key plastic adhesive companies are as follows:

• Henkel
• H.B. Fuller
• Arkema
• 3M
• Sika

Q6. Which plastic adhesive market segment will be the largest in future?

Answer: Lucintel forecasts that polyurethane will remain the largest segment over the forecast period due to its extensive use in a variety of applications, such as large-area sheet bonding for metals and composites, structural bonding and windshield sealing for automobiles, and industrial and residential settings.

Q7. In plastic adhesive market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to significant demand for plastic adhesive from various end use industries, such as packaging, automotive, building & construction, healthcare, and electronics in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the plastic adhesive market by resin type (epoxy, acrylic, silicon, polyurethane, cyanoacrylate, and others), substrate (polyethylene, polypropylene, fluoropolymer, acetal, thermoplastic vulcanizates, and others), technology (solvent based and water based), end use (automotive, building & construction, electrical & electronics, healthcare, packaging, footwear, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?