A
new research report by Transparency Market Research offers a
comprehensive evaluation of the global Acrylic
Adhesives
market. The study,
titled “Acrylic
Adhesives Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020”,
is available for sale on the firm’s website.
Acrylic
adhesives are adhesives manufactured using methacrylate
and acrylate monomers as a major feedstock. Polymer mixtures are
dissolved in methacrylate or acrylate monomer and the adhesive is
produced as two different components. One component contains
oxidizing agents mainly peroxide compounds such as benzoyl peroxide
and the other component contains metal salts or amines as reducing
agent.
The
components are mixed before application on surface or each component
can be applied to separate surfaces to be glued. Upon mixing, the
components react and trigger polymerization of methacrylate monomer.
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Sample Of This Research Report At:
Acrylic
adhesives dominate the global demand for adhesives and the trend is
anticipated to continue for the next six years. Acrylic adhesives can
be used for a wide range of applications such as plastic, metal,
glass, ceramic among several others. Acrylic adhesives have high
efficiency even on oil surfaces and also have high performance
standard under wide temperature range. Therefore, major end user
industries for acrylic adhesives include automotive, construction,
furniture and packaging among several others.
Acrylic
adhesives make the surface ready to be handled in few minutes and
works efficiently even on contaminated surfaces. Acrylic adhesives
also do not affect aesthetics of the surface. Therefore, demand for
acrylic adhesives is primarily driven by the comparative advantage of
acrylic over other adhesives. Moreover, high growth in automotive
industry is expected to drive demand for acrylic adhesives during the
forecast period. Demand for acrylic adhesives is profoundly dependent
on consumer markets therefore; macroeconomic factors such as GDP
growth are also among major growth driver for acrylic adhesives
market.
Acrylic
adhesives pose severe occupational health hazards and prolonged
exposure can lead to respiratory disorders. Moreover, acrylic
adhesives have to be disposed carefully as they pose threat to the
environment. The environment and health hazards associated with
acrylic adhesives have led to stringent environmental regulations in
the industry which has been a major factor hampering acrylic
adhesives market growth. The regulations have also increased the
threat of substitution in the market. There have been significant
researches in developing bio based acrylic adhesives which is
expected to offer huge growth opportunity in the market.
Asia
Pacific dominates the global acrylic adhesives market and the trend
is anticipated to continue for a foreseeable future. Increasing
industrial investment and high GDP growth in the emerging economies
of India and China is expected to drive demand for acrylic adhesives
in Asia Pacific. Asia Pacific is anticipated to be the fastest
growing region in acrylic adhesives market during the forecast
period. Demand for acrylic adhesives in North America and Europe is
anticipated to grow at a sluggish rate primarily owing to the
stringent regulations in the region and market saturation in several
end user industries.
Developing
economies in South America and Africa are anticipated to offer huge
growth opportunity for acrylic adhesives market.
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The Full Research Report At:
Acrylic
adhesives market is consolidated and dominated by few global
companies that constitute major portion of the global market share.
The market is characterized by high degree of competition. Major
players compete by pricing differentiation, moreover owing to
environmental regulations; they also invest in research and
development activities to gain competitive edge. Some of the major
players in acrylic adhesives market include The Dow Chemical Company,
Henkel AG & Company, 3M and Eastman Chemical Company among
several others.
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends.
Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
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Market Research
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