About Specialty Adhesives
Adhesives are any substances that are capable of holding materials together in a functional manner by surface attachment that resists their separation. It may be found naturally or can be produced synthetically. Specialty adhesives are designed for specialized uses. They are used for many specialty applications, including electrical potting and encapsulation, theatrical and museum use, and MIL-SPEC adhesives. On 2nd May 2019, DowDuPont Specialty Products Division has introduced its new DOW CORNING MG 7-1020 Soft Skin Adhesive, the latest addition to a growing portfolio of solutions for skin-adhered medical devices.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Specialty Adhesives market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Dow Corning (United States), BASF SE (Germany), DuPont (United States), Henkel (Germany), H. B. Fuller (United States), Permatex (United States), Bostik (United States), Nexus Adhesives (Australia) and W.F. Taylor, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Ashland Inc. (United States) and Bayer (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Specialty Adhesives market by Type (Cyanoacrylates, Polyvinyl Acetate, Polyurethanes, Acrylic and Others), Application (Automotive, Aerospace, Construction, Marine, Medical, Military and Others) and Region.
On the basis of geography, the market of Specialty Adhesives has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Chanel, the sub-segment i.e. Online will boost the Specialty Adhesives market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand for Bio-Based Adhesives
Market Growth Drivers:
Rapid Rise in the Industrialization and High Demand from Various Industries Such As Construction, Packaging and Automotive Industry
Challenges:
Stringent Regulatory Framework
Restraints:
Fluctuations in the Raw Material Prices Such As Synthetic Rubbers, Resins Etc.
Opportunities:
Growing Packaging Industry Worldwide Creates Future Opportunities for Adhesive Industry and Rise in the Demand from End-User Industry
On 3rd April 2019, 3M has launched new extended wear transfer adhesive for the medical wearable. Designed to laminate many substrates, 3M medical transfer adhesive, 4075 features an extended wear pressure sensitive transfer adhesive and allows design engineers to use a variety of backings.
Key Target Audience
Specialty Adhesive Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End user
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.