Adhesive Market Insight on the Important Factors and Trends Influencing the Industry

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Adhesives Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2030

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Adhesives Market Introduction

• The global adhesives market was valued at US 52
  Bn in 2019 and is anticipated to expand at a CAGR
  of 5 during the forecast period.
• The global adhesives market is primarily driven
  by growth of automotive and building
  construction industries and rise in the need to
  improve quality of construction.
• Developing as well as developed economies across
  the globe are carrying out infrastructure
  development activities to sustain economic
  growth. These civil construction projects boost
  the consumption of adhesives.

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BIM Tools Bridge Gap between Building
Professionals and Adhesive Suppliers

• Innovative BIM (Building Information Modeling)
  tools are playing a key role in the construction
  of complex architectures.
• For instance, Taylor Adhesives a coatings and
  adhesives manufacturer in Georgia, announced to
  partner with BIMsmith a provider of cloud
  platform for research activities, and introduced
  a new suite called the BIMsmith Forge
  configurator, which is made available for free.
• Such strategic collaborations are churning
  revenue in the adhesives market, which is
  estimated to reach an output of 22,000 kilo tons
  by the end of 2030.

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Linerless Labels with Microsphere Adhesive
Technology Meet Sustainability Goals of Packaging
Companies

• Linerless labels are being highly publicized in
  the foodservices sector. Hence, companies in the
  adhesives market are gaining efficacy in the
  microsphere adhesive technology to tap value-grab
  opportunities with the help of linerless label
  applications.
• For instance, H.B. Fuller a global manufacturer
  of adhesives and specialty chemical solutions, is
  increasing its focus on the microsphere adhesive
  technology that allows a discontinued bonding
  film under labels that can be peeled off without
  leaving any residue behind on surfaces.

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Leading Players Actively Engage in Joint Ventures
and RD Activities

• Henkel AG Co. KGaA
• 3M
• DuPont de Nemours, Inc.
• Sika AG
• H.B. Fuller Company
• Bostik

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