Global Acrylic Adhesives Market to Outline USD 11.7 Bn by 2022, Forecasts M&M in Its Insightful Research Report Uploaded at MarketPublishers.com
12 Jun 2017 • by Natalie Aster
LONDON – Propelled by such growth driving factors as boosting acrylic adhesives demand from industries like paper and packaging, building and construction, the world’s acrylic adhesives market is poised to grow at a high pace during 2017-2022. It is expected to hit the USD 11.7 billion mark by 2022, rising at a 5.81% CAGR in the coming years. In this year, the market value is likely to reach USD 8.84 billion.
However, the world’s acrylic adhesives market is predicted to face several challenges; the major one is severe guidelines of regulatory bodies that are associated with the adoption of chemical-based products.
As for applications, the medical sector is likely to gain traction at the fastest pace in the nearest future owing to innovations and remarkable advancements in medical gadgets and devices manufacturing, and surging aging population.
Among all regions, APAC ranks the leader in the global market for acrylic adhesives owing to a huge demand for these products in the region. The APAC acrylic adhesives market is anticipated to exhibit the highest surge through 2022. Significant economic growth, ongoing developments in manufacturing industries, cheap labor, surging end-use markets are some of the key forces giving impetus to the APAC acrylic adhesives market growth.
Cutting-edge research report by M&M, “Acrylic Adhesives Market by Type (Acrylic Polymer Emulsion, Cyanoacrylic, Methacrylic, UV Curable Acrylic), Application (Paper & Packaging, Construction, Transportation, Medical, Consumer, Electronics), Technology, and Region - Global Forecast to 2022”, is an unrivalled source of qualitative and quantitative info on the acrylic adhesives market. It identifies and explores the key end-use industries, investigates the current scenario and historical evolution of the key regional markets, estimates the market size, provides a detailed market segmentation analysis on the basis of technologies, types, applications and regions. Moreover, the research study focuses on the market dynamics, highlighting the key growth drivers, challenges, opportunities and restraints. A deep competitive analysis of the market and detailed profiles of the main market participants are available in the report as well. Furthermore, a reader can find a review of the recent market developments, product launches, investment intiatives and business strategies in this report. Additionally, the report presents a 5-year future forecast for the acrylic adhesives market.
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