Table of Content

1 INTRODUCTION 26
1.1 OBJECTIVES OF THE STUDY 26
1.2 MARKET DEFINITION 26
1.3 MARKET INCLUSIONS AND EXCLUSIONS 27
1.3.1 MARKET INCLUSIONS 27
1.3.2 MARKET EXCLUSIONS 27
1.4 MARKET SCOPE 27
FIGURE 1 SOLVENT-BASED ADHESIVES MARKET SEGMENTATION 27
FIGURE 2 REGIONS COVERED 28
1.5 YEAR CONSIDERED FOR THE STUDY 28
1.6 CURRENCY 29
1.7 UNIT CONSIDERED 29
1.8 STAKEHOLDERS 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 3 SOLVENT-BASED ADHESIVES MARKET: RESEARCH DESIGN 30
2.1.1 SECONDARY DATA 31
2.1.1.1 Key data from secondary sources 31
2.1.2 PRIMARY DATA 32
2.1.2.1 Key primary data sources 32
2.1.2.2 Key data from primary sources 32
2.1.2.3 Key industry insights 33
2.1.2.4 Breakdown of primary interviews 33
2.2 MARKET SIZE ESTIMATION 34
2.2.1 TOP-DOWN APPROACH 34
FIGURE 4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 35
FIGURE 5 MARKET SIZE ESTIMATION, BY VOLUME 35
FIGURE 6 SOLVENT-BASED ADHESIVES MARKET, BY REGION 36
FIGURE 7 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH, BY REGION 36
FIGURE 8 SOLVENT-BASED ADHESIVES MARKET, BY END-USE INDUSTRY 36
FIGURE 9 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH, BY CHEMISTRY 37
2.3 MARKET FORECAST APPROACH 37
2.3.1 SUPPLY-SIDE FORECAST PROJECTION 37
2.3.2 DEMAND-SIDE FORECAST PROJECTION 38
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 10 SOLVENT-BASED ADHESIVES MARKET: DATA TRIANGULATION 39
2.5 FACTOR ANALYSIS 40
2.6 ASSUMPTIONS 40
2.7 RISK ANALYSIS ASSESSMENT 41
2.8 LIMITATIONS 41
3 EXECUTIVE SUMMARY 42
TABLE 1 SOLVENT-BASED ADHESIVES MARKET SNAPSHOT, 2021 VS. 2026 43
FIGURE 11 POLYURETHANE SEGMENT TO REGISTER THE HIGHEST CAGR
IN THE SOLVENT-BASED ADHESIVES MARKET 44
FIGURE 12 MEDICAL END-USE INDUSTRY TO REGISTER THE HIGHEST GROWTH
IN THE SOLVENT-BASED ADHESIVES MARKET 44
FIGURE 13 APAC TO BE THE FASTEST-GROWING SOLVENT-BASED ADHESIVES MARKET 45
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES IN THE SOLVENT-BASED ADHESIVES MARKET 46
FIGURE 14 SOLVENT-BASED ADHESIVES MARKET TO REGISTER MODERATE GROWTH 46
4.2 SOLVENT-BASED ADHESIVES MARKET, BY CHEMISTRY 46
FIGURE 15 POLYURETHANE SEGMENT TO REGISTER THE HIGHEST GROWTH
IN THE SOLVENT-BASED ADHESIVES MARKET 46
4.3 SOLVENT-BASED ADHESIVES MARKET, BY END-USE INDUSTRY 47
FIGURE 16 PAPER & PACKAGING TO BE THE LARGEST END-USE INDUSTRY OF
SOLVENT-BASED ADHESIVES 47
4.4 APAC: SOLVENT-BASED ADHESIVES MARKET, BY CHEMISTRY AND END-USE
INDUSTRY, 2020 47
FIGURE 17 ACRYLIC AND PAPER & PACKAGING SEGMENTS ACCOUNTED
FOR THE LARGEST SHARES 47
4.5 SOLVENT-BASED ADHESIVES MARKET, DEVELOPED VS. DEVELOPING COUNTRIES 48
FIGURE 18 DEVELOPING COUNTRIES TO GROW FASTER THAN THE DEVELOPED COUNTRIES 48
4.6 SOLVENT-BASED ADHESIVES MARKET: GROWING DEMAND FROM APAC 48
FIGURE 19 INDIA TO REGISTER THE HIGHEST CAGR IN THE APAC MARKET 48
4.7 SOLVENT-BASED ADHESIVES MARKET: MAJOR COUNTRIES 49
FIGURE 20 INDIA TO EMERGE AS A LUCRATIVE MARKET 49
5 MARKET OVERVIEW 50
5.1 VALUE CHAIN OVERVIEW 50
5.1.1 VALUE CHAIN ANALYSIS 50
FIGURE 21 SOLVENT-BASED ADHESIVES MARKET: VALUE CHAIN ANALYSIS 50
TABLE 2 SOLVENT-BASED ADHESIVES MARKET: SUPPLY CHAIN ECOSYSTEM 51
5.1.2 COVID-19 IMPACT ON VALUE CHAIN 51
5.1.2.1 Action plan against current vulnerability 51
5.2 MARKET DYNAMICS 51
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
IN THE SOLVENT-BASED ADHESIVES MARKET 52
5.2.1 DRIVERS 52
5.2.1.1 Growth of the medical industry 52
5.2.1.2 Increasing demand for medical devices 52
5.2.1.3 High demand in the construction industry 53
5.2.1.4 Increasing pace of change in the appliances industry 53
5.2.1.5 Growing trend of lightweight and low carbon-emitting vehicles 53
5.2.2 RESTRAINTS 54
5.2.2.1 Volatility in raw material prices leading to fluctuation in demand 54
5.2.2.2 Strict environmental regulations in North America and Europe 54
5.2.2.3 Availability of substitutes 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Growth in the packaging industry in emerging economies 55
5.2.3.2 Industrial globalization emerging as a factor for market growth 55
5.2.3.3 Expected recovery of demand for adhesives in APAC 55
5.2.3.4 Growth of non-oil sector in the Middle East holding growth
potential for the market 55
5.2.4 CHALLENGES 56
5.2.4.1 Increasing demand for non-hazardous, green, and sustainable adhesives 56
5.3 PORTER’S FIVE FORCES ANALYSIS 56
FIGURE 23 SOLVENT-BASED ADHESIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 56
TABLE 3 SOLVENT-BASED ADHESIVES MARKET: PORTER’S FIVE FORCES ANALYSIS 57
5.3.1 THREAT OF NEW ENTRANTS 57
5.3.2 THREAT OF SUBSTITUTES 57
5.3.3 BARGAINING POWER OF BUYERS 58
5.3.4 BARGAINING POWER OF SUPPLIERS 58
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 58
5.4 MACROECONOMIC INDICATORS 59
5.4.1 INTRODUCTION 59
5.4.2 TRENDS AND FORECAST OF GDP 59
TABLE 4 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE 59
5.5 KEY INDUSTRY TRENDS 60
5.5.1 TRENDS IN ELECTRONICS INDUSTRY 60
FIGURE 24 ESTIMATED GROWTH RATES FOR THE GLOBAL ELECTRONICS INDUSTRY FROM 2019 TO 2020, BY REGION 60
5.5.2 TRENDS IN AUTOMOTIVE INDUSTRY 61
TABLE 5 AUTOMOTIVE INDUSTRY PRODUCTION (2019–2020) 61
5.5.2.1 ELECTRIC VEHICLE MODELS, 2019–2028 62
TABLE 6 ELECTRIC VEHICLE MODELS, 2019–2028 62
5.5.3 TRENDS AND FORECASTS IN THE BUILDING & CONSTRUCTION INDUSTRY 62
FIGURE 25 GLOBAL SPENDING IN CONSTRUCTION INDUSTRY, 2017–2025 63
5.5.4 TRENDS IN THE FOOTWEAR INDUSTRY 64
FIGURE 26 DISTRIBUTION OF FOOTWEAR PRODUCTION, BY CONTINENT (QUANTITY) 2019 64
TABLE 7 TOP 10 FOOTWEAR CONSUMERS (QUANTITY), 2019 64
5.5.5 GROWTH TRENDS IN AEROSPACE INDUSTRY 65
5.5.5.1 Growth indicators of aerospace industry, 2015–2033 65
TABLE 8 GROWTH INDICATORS OF AEROSPACE INDUSTRY, 2015–2033 65
5.5.5.2 Growth indicators of aerospace industry, by region, 2015–2033 65
TABLE 9 GROWTH INDICATORS OF AEROSPACE INDUSTRY, BY REGION, 2015–2033 65
FIGURE 27 PERCENTAGE SHARE OF JETS, BY MANUFACTURER, 2018 65
FIGURE 28 WORLD FLEET PRODUCTION FORECAST, 2018–2037 66
FIGURE 29 WORLD FLEET STATS, 2018?2037 66
TABLE 10 NUMBER OF REQUIRED AIRCRAFT, BY REGION 67
TABLE 11 NUMBER OF REQUIRED FREIGHTERS 67
TABLE 12 GROWTH INDICATORS OF AEROSPACE INDUSTRY 67
5.6 COVID-19 IMPACT ANALYSIS 68
5.6.1 COVID-19 ECONOMIC ASSESSMENT 68
FIGURE 30 LATEST WORLD ECONOMIC OUTLOOK GROWTH PROJECTIONS 70
5.6.2 COVID-19 ECONOMIC IMPACT – SCENARIO ASSESSMENT 70
FIGURE 31 FACTORS IMPACTING ECONOMY OF SELECT G20 COUNTRIES IN 2020 70
5.6.3 IMPACT ON CONSTRUCTION INDUSTRY 71
5.6.4 IMPACT ON AUTOMOTIVE INDUSTRY 71
5.7 PRICING ANALYSIS 72
FIGURE 32 AVERAGE PRICE COMPETITIVENESS IN SOLVENT-BASED ADHESIVES MARKET, BY REGION 72
FIGURE 33 AVERAGE PRICE COMPETITIVENESS IN SOLVENT-BASED ADHESIVES MARKET, BY END-USE INDUSTRY 72
5.8 ADHESIVES ECOSYSTEM 73
FIGURE 34 ADHESIVES ECOSYSTEM 73
5.9 IMPACT OF TRENDS AND TECHNOLOGY DISRUPTION ON MANUFACTURERS OF SOLVENT-BASED ADHESIVES: YC AND YCC SHIFT 73
FIGURE 35 SOLVENT-BASED ADHESIVES INDUSTRY: YC AND YCC SHIFT 74
5.9.1 AUTOMOTIVE & TRANSPORTATION 74
5.9.1.1 Electric vehicles 74
5.9.1.2 Shared mobility 74
5.9.1.3 Types of batteries for electric power vehicles 75
5.9.2 AEROSPACE 75
5.9.2.1 Ultralight and light aircraft 75
5.9.2.2 Unmanned Aircraft Systems (UAS) or Drones 75
5.9.3 HEALTHCARE 75
5.9.3.1 Wearable medical devices 76
5.9.3.2 Microfluidics-based POC and LOC diagnostic devices for laboratory testing 76
5.9.4 ELECTRONICS 76
5.9.4.1 Digitalization 76
5.9.4.2 Artificial intelligence 76
5.9.4.3 Augmented reality 76
?
5.10 EXPORT-IMPORT TRADE STATISTICS 77
5.10.1 TRADE SCENARIO 2017-2019 77
TABLE 13 COUNTRY-WISE EXPORT DATA, 2017–2019 77
TABLE 14 COUNTRY-WISE IMPORT DATA, 2017–2019 81
5.11 REGULATIONS 85
5.11.1 LEED STANDARDS 85
TABLE 15 BY ARCHITECTURAL APPLICATIONS 85
TABLE 16 BY SPECIALTY APPLICATIONS 86
TABLE 17 BY SUBSTRATE-SPECIFIC APPLICATIONS 86
5.12 PATENT ANALYSIS 87
5.12.1 METHODOLOGY 87
5.12.2 PUBLICATION TRENDS 87
FIGURE 36 NUMBER OF PATENTS PUBLISHED, 2016-2021 87
5.12.3 TOP APPLICANTS 87
FIGURE 37 PATENTS PUBLISHED BY MAJOR PLAYERS, 2015-2020 88
5.12.4 TOP JURISDICTION 88
FIGURE 38 PATENTS PUBLISHED BY JURISDICTION, 2015-2020 88
5.13 CASE STUDY 89
5.14 TECHNOLOGY ANALYSIS 90
6 SOLVENT-BASED ADHESIVES MARKET, BY CHEMISTRY 91
6.1 INTRODUCTION 92
FIGURE 39 POLYURETHANE SEGMENT TO LEAD THE SOLVENT-BASED
ADHESIVES MARKET 92
TABLE 18 SOLVENT-BASED ADHESIVES MARKET SIZE, BY CHEMISTRY,
2019–2026 (USD MILLION) 92
TABLE 19 SOLVENT-BASED ADHESIVES MARKET SIZE, BY CHEMISTRY,
2019–2026 (KILOTON) 93
6.1.1 POLYURETHANE ADHESIVES 93
6.1.1.1 Polyurethane solvent-based adhesives account for the largest
share of the overall market 93
TABLE 20 POLYURETHANE: APPLICATIONS 93
TABLE 21 POLYURETHANE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 93
TABLE 22 POLYURETHANE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTON) 94
6.1.2 ACRYLIC ADHESIVES 94
6.1.2.1 Acrylics provide superior gap filling, good environmental
resistance, and clear bond lines 94
TABLE 23 ACRYLIC: APPLICATIONS 94
TABLE 24 ACRYLIC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019-2026 (USD MILLION) 95
TABLE 25 ACRYLIC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019-2026 (KILOTON) 95
6.1.3 POLYAMIDE ADHESIVES 95
6.1.3.1 Strong and versatile protective adhesives are produced by mixing solutions of polyamides with epoxy resins 95
TABLE 26 POLYAMIDE: APPLICATIONS 96
TABLE 27 POLYAMIDE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019-2026 (USD MILLION) 96
TABLE 28 POLYAMIDE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019-2026 (KILOTON) 96
6.1.4 VINYL ACETATE ADHESIVES 97
6.1.4.1 Vinyl acetate adhesives have a low resistance to weather
and moisture 97
TABLE 29 VINYL ACETATE: APPLICATIONS 97
TABLE 30 VINYL ACETATE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 97
TABLE 31 VINYL ACETATE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTON) 97
6.1.5 CHLOROPRENE RUBBER (CR) ADHESIVES 98
6.1.5.1 Adhesives based on CR offer higher performance than other adhesives in a wide variety of applications 98
TABLE 32 CHLOROPRENE RUBBER: APPLICATIONS 98
TABLE 33 CHLOROPRENE RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY REGION, 2019-2026 (USD MILLION) 98
TABLE 34 CHLOROPRENE RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY REGION, 2019-2026 (KILOTON) 98
6.1.6 PVC COPOLYMERS 99
6.1.6.1 PVC copolymers are preferred materials for applications where
low flammability at a low cost is required 99
TABLE 35 PVC COPOLYMERS: APPLICATIONS 99
TABLE 36 PVC COPOLYMERS: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 99
TABLE 37 PVC COPOLYMERS: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTON) 99
6.1.7 NATURAL RUBBER 100
6.1.7.1 Natural rubber adhesives provide a lower price, outstanding flexibility, high initial tack, and good tack retention 100
TABLE 38 NATURAL RUBBER: APPLICATIONS 100
TABLE 39 NATURAL RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 100
TABLE 40 NATURAL RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTON) 100
6.1.8 SYNTHETIC RUBBER ADHESIVES 101
6.1.8.1 The key features of synthetic rubber adhesives make them
suitable as multipurpose adhesives 101
TABLE 41 SYNTHETIC RUBBER: APPLICATIONS 101
TABLE 42 SYNTHETIC RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 101
TABLE 43 SYNTHETIC RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTON) 101
6.1.9 NITRILE RUBBER 102
6.1.9.1 Nitrile rubber adhesives offer good heat resistance for various bonding applications 102
TABLE 44 NITRILE RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (USD MILLION) 102
TABLE 45 NITRILE RUBBER: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION, 2019-2026 (KILOTON) 102
6.1.10 OTHERS 103
TABLE 46 OTHERS: APPLICATIONS 103
TABLE 47 OTHERS: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019-2026 (USD MILLION) 103
TABLE 48 OTHERS: SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019-2026 (KILOTON) 103
7 SOLVENT-BASED ADHESIVES MARKET, BY END-USE INDUSTRY 104
7.1 INTRODUCTION 105
FIGURE 40 MEDICAL SEGMENT TO LEAD THE SOLVENT-BASED ADHESIVES MARKET 105
TABLE 49 SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY,
2019–2026 (USD MILLION) 105
TABLE 50 SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY,
2019–2026 (KILOTON) 106
7.1.1 PAPER & PACKAGING 106
7.1.1.1 The growth of e-commerce due to the pandemic is leading
to the sustainable growth of the market 106
TABLE 51 ADHESIVES USED FOR APPLICATIONS IN THE PACKAGING INDUSTRY 107
TABLE 52 SOLVENT-BASED ADHESIVES MARKET SIZE IN PAPER & PACKAGING,
BY REGION, 2019–2026 (USD MILLION) 107
TABLE 53 SOLVENT-BASED ADHESIVES MARKET SIZE IN PAPER & PACKAGING,
BY REGION, 2019–2026 (KILOTON) 108
7.1.2 BUILDING & CONSTRUCTION 108
7.1.2.1 The recovery of the construction industry to be beneficial
for the market 108
TABLE 54 ADHESIVES USED IN APPLICATIONS IN THE BUILDING &
CONSTRUCTION INDUSTRY 109
TABLE 55 SOLVENT-BASED ADHESIVES MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2019–2026 (USD MILLION) 110
TABLE 56 SOLVENT-BASED ADHESIVES MARKET SIZE IN BUILDING & CONSTRUCTION, BY REGION, 2019–2026 (KILOTON) 110
7.1.3 WOODWORKING 111
7.1.3.1 The furniture industry will increase the demand for woodworking adhesives 111
TABLE 57 ADHESIVES USED IN APPLICATIONS IN THE WOODWORKING INDUSTRY 111
TABLE 58 SOLVENT-BASED ADHESIVES MARKET SIZE IN WOODWORKING, BY REGION, 2019–2026 (USD MILLION) 111
TABLE 59 SOLVENT-BASED ADHESIVES MARKET SIZE IN WOODWORKING, BY REGION, 2019–2026 (KILOTON) 111
7.1.4 AUTOMOTIVE 112
7.1.4.1 The demand for solvent-based adhesives is driven by the growth
of electric vehicles 112
TABLE 60 ADHESIVES USED IN APPLICATIONS IN THE AUTOMOTIVE INDUSTRY 113
TABLE 61 SOLVENT-BASED ADHESIVES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2019–2026 (USD MILLION) 113
TABLE 62 SOLVENT-BASED ADHESIVES MARKET SIZE IN AUTOMOTIVE, BY REGION, 2019–2026 (KILOTON) 113
7.1.5 AEROSPACE 114
7.1.5.1 Advancement in the drone industry is increasing the demand for solvent-based adhesives 114
TABLE 63 SOLVENT-BASED ADHESIVES MARKET SIZE IN AEROSPACE, BY REGION, 2019–2026 (USD MILLION) 114
TABLE 64 SOLVENT-BASED ADHESIVES MARKET SIZE IN AEROSPACE, BY REGION, 2019–2026 (KILOTON) 115
7.1.6 MEDICAL 115
7.1.6.1 Demand for medical facilities due to the pandemic leading
to the growth of the adhesive industry 115
TABLE 65 SOLVENT-BASED ADHESIVES MARKET SIZE IN MEDICAL, BY REGION,
2019–2026 (USD MILLION) 116
TABLE 66 SOLVENT-BASED ADHESIVES MARKET SIZE IN MEDICAL, BY REGION,
2019–2026 (KILOTON) 116
7.1.7 LEATHER & FOOTWEAR 116
7.1.7.1 High production of footwear in APAC to boost the demand
for adhesives 116
TABLE 67 SOLVENT-BASED ADHESIVES MARKET SIZE IN LEATHER & FOOTWEAR,
BY REGION, 2019–2026 (USD MILLION) 117
TABLE 68 SOLVENT-BASED ADHESIVES MARKET SIZE IN LEATHER & FOOTWEAR,
BY REGION, 2019–2026 (KILOTON) 117
7.1.8 OTHERS 117
TABLE 69 SOLVENT-BASED ADHESIVES MARKET SIZE IN OTHERS, BY REGION,
2019–2026 (USD MILLION) 118
TABLE 70 SOLVENT-BASED ADHESIVES MARKET SIZE IN OTHERS, BY REGION,
2019–2026 (KILOTON) 118
8 SOLVENT-BASED ADHESIVES MARKET, BY REGION 119
8.1 INTRODUCTION 120
FIGURE 41 MIDDLE EAST & AFRICA TO REGISTER THE HIGHEST CAGR
BETWEEN 2021 AND 2026 120
TABLE 71 SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 121
TABLE 72 SOLVENT-BASED ADHESIVES MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 121
8.2 APAC 122
8.2.1 IMPACT OF COVID-19 ON APAC 122
FIGURE 42 APAC: SOLVENT-BASED ADHESIVES MARKET SNAPSHOT 123
TABLE 73 APAC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY CHEMISTRY,
2019–2026 (USD MILLION) 124
TABLE 74 APAC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY CHEMISTRY,
2019–2026 (KILOTON) 124
TABLE 75 APAC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 125
TABLE 76 APAC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (KILOTON) 125
TABLE 77 APAC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 126
TABLE 78 APAC: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON) 126
8.2.2 CHINA 127
8.2.2.1 Largest solvent-based adhesives market in APAC 127
8.2.3 JAPAN 128
8.2.3.1 Infrastructural redevelopment to boost the demand 128
8.2.4 INDIA 129
8.2.4.1 Government?s initiative to boost the country?s economy
contributing to the market growth 129
8.2.5 SOUTH KOREA 129
8.2.5.1 Growth in the automotive industry to fuel the demand for solvent-based adhesives 129
8.2.6 THAILAND 130
8.2.6.1 Government’s spending on infrastructure projects drives the
demand for solvent-based adhesives in the country 130
8.2.7 INDONESIA 130
8.2.7.1 Country’s health ministry encouraging synergy between medical industry and research institutions 130
8.2.8 MALAYSIA 131
8.2.8.1 Automobile industry to impact the solvent-based adhesives market 131
8.2.9 REST OF APAC 131
8.3 EUROPE 132
FIGURE 43 EUROPE: SOLVENT-BASED ADHESIVES MARKET SNAPSHOT 133
8.3.1 COVID-19 IMPACT ON EUROPE 134
TABLE 79 EUROPE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY CHEMISTRY,
2019–2026 (USD MILLION) 135
TABLE 80 EUROPE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY CHEMISTRY,
2019–2026 (KILOTON) 135
TABLE 81 EUROPE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 136
TABLE 82 EUROPE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (KILOTON) 136
TABLE 83 EUROPE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 137
TABLE 84 EUROPE: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON) 137
8.3.2 GERMANY 138
8.3.2.1 Various trends in food packaging industry to spur market growth 138
8.3.3 UK 138
8.3.3.1 Innovative and energy-efficient technology in household appliances to speed up market growth 138
8.3.4 FRANCE 139
8.3.4.1 Construction and automotive industries to drive the market 139
8.3.5 RUSSIA 140
8.3.5.1 Demand from domestic and regional airline services to impact the growth of the market 140
8.3.6 ITALY 140
8.3.6.1 Numerous motor manufacturing companies shifting their production facilities to the country creating market growth opportunities 140
8.3.7 TURKEY 141
8.3.7.1 Investment in various industries to boost the demand 141
8.3.8 REST OF EUROPE 142
8.4 NORTH AMERICA 142
8.4.1 IMPACT OF COVID-19 ON NORTH AMERICA 143
FIGURE 44 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SNAPSHOT 143
TABLE 85 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY CHEMISTRY, 2019–2026 (USD MILLION) 144
TABLE 86 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY CHEMISTRY, 2019–2026 (KILOTON) 144
TABLE 87 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 145
TABLE 88 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (KILOTON) 145
TABLE 89 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 145
TABLE 90 NORTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY, 2019-2026 (KILOTON) 146
8.4.2 US 146
8.4.2.1 Growth in major end-use industries to boost the market 146
8.4.3 CANADA 147
8.4.3.1 Automotive sector to play the major role in the demand for solvent-based adhesives 147
8.4.4 MEXICO 148
8.4.4.1 Growth in the automotive industry is increasing the use of solvent-based adhesives 148
8.5 MIDDLE EAST & AFRICA 149
FIGURE 45 UAE IS THE KEY SOLVENT-BASED ADHESIVES MARKET IN THE REGION 149
8.5.1 COVID-19 IMPACT ON MIDDLE EAST & AFRICA 150
TABLE 91 MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY CHEMISTRY, 2019–2026 (USD MILLION) 150
TABLE 92 MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY CHEMISTRY, 2019–2026 (KILOTON) 151
TABLE 93 MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 151
TABLE 94 MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY END-USE INDUSTRY, 2019–2026 (KILOTON) 152
TABLE 95 MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION) 152
TABLE 96 MIDDLE EAST & AFRICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY COUNTRY, 2019–2026 (KILOTON) 152
8.5.2 SAUDI ARABIA 153
8.5.2.1 Increased local car sales to support market growth 153
8.5.3 UAE 153
8.5.3.1 Growing building & construction, woodworking, and paper
& packaging industries will impact the growth of the market 153
8.5.4 SOUTH AFRICA 154
8.5.4.1 Paper & packaging is the largest consumer of solvent-based adhesives 154
8.5.5 REST OF MIDDLE EAST & AFRICA 154
8.6 SOUTH AMERICA 155
FIGURE 46 BRAZIL IS THE KEY SOLVENT-BASED ADHESIVES MARKET IN THE REGION 155
8.6.1 IMPACT OF COVID-19 ON SOUTH AMERICA 156
TABLE 97 SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY CHEMISTRY, 2019–2026 (USD MILLION) 156
TABLE 98 SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE,
BY CHEMISTRY, 2019–2026 (KILOTON) 157
TABLE 99 SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 157
TABLE 100 SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (KILOTON) 158
TABLE 101 SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY, 2019–2026 (USD MILLION) 158
TABLE 102 SOUTH AMERICA: SOLVENT-BASED ADHESIVES MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON) 158
8.6.2 BRAZIL 159
8.6.2.1 One of the fastest-growing manufacturing hubs in the world 159
8.6.3 ARGENTINA 160
8.6.3.1 Strategic Industrial Plan 2020 supporting the market for solvent-based adhesives 160
8.6.4 REST OF SOUTH AMERICA 160
9 COMPETITIVE LANDSCAPE 161
9.1 OVERVIEW 161
FIGURE 47 LEADING PLAYERS ADOPTED THE INVESTMENT & EXPANSION STRATEGY BETWEEN 2017 AND 2021 161
9.2 MARKET SHARE ANALYSIS 162
TABLE 103 SOLVENT-BASED ADHESIVES MARKET: DEGREE OF COMPETITION 162
FIGURE 48 SOLVENT-BASED ADHESIVES MARKET: MARKET SHARE ANALYSIS, 2020 162
TABLE 104 RANKING OF SOLVENT-BASED ADHESIVES MARKET PLAYERS 163
9.2.1 HENKEL AG 163
9.2.2 H.B. FULLER 163
9.2.3 SIKA AG 163
9.2.4 ARKEMA (BOSTIK SA) 164
9.3 COMPANY REVENUE ANALYSIS 164
FIGURE 49 REVENUE ANALYSIS FOR KEY COMPANIES IN THE PAST 5 YEARS 164
9.4 COMPANY EVALUATION QUADRANT MATRIX, 2020 164
9.4.1 STAR 164
9.4.2 EMERGING LEADERS 164
9.4.3 PERVASIVE 165
9.4.4 PARTICIPANTS 165
FIGURE 50 SOLVENT-BASED ADHESIVES MARKET (GLOBAL): COMPETITIVE
LEADERSHIP MAPPING, 2020 165
9.5 STRENGTH OF PRODUCT PORTFOLIO 166
9.6 BUSINESS STRATEGY EXCELLENCE 167
9.7 COMPETITIVE SCENARIO 168
9.7.1 MARKET EVALUATION FRAMEWORK 168
9.7.2 MARKET EVALUATION MATRIX 168
TABLE 105 COMPANY PRODUCT FOOTPRINT 168
TABLE 106 COMPANY REGION FOOTPRINT 169
TABLE 107 COMPANY INDUSTRY FOOTPRINT 169
9.8 STRATEGIC DEVELOPMENTS 169
TABLE 108 NEW PRODUCT LAUNCH/DEVELOPMENT, 2018–2021 169
TABLE 109 DEALS, 2018–2021 170
TABLE 110 OTHERS, 2018–2021 171
10 COMPANY PROFILES 173
10.1 KEY COMPANIES 173
(Business Overview, Products Offered, Recent Developments, MnM View, Key strengths/right to win, Strategic choice made, Weaknesses and competitive threats)*
10.1.1 HENKEL AG 173
TABLE 111 HENKEL AG: BUSINESS OVERVIEW 173
FIGURE 51 HENKEL AG: COMPANY SNAPSHOT 174
TABLE 112 HENKEL AG: PRODUCTS OFFERED 174
TABLE 113 HENKEL AG: OTHERS 175
10.1.2 3M COMPANY 177
TABLE 114 3M COMPANY: BUSINESS OVERVIEW 177
FIGURE 52 3M COMPANY: COMPANY SNAPSHOT 177
TABLE 115 3M COMPANY: PRODUCTS OFFERED 178
10.1.3 ARKEMA 179
TABLE 116 ARKEMA: BUSINESS OVERVIEW 179
FIGURE 53 ARKEMA: COMPANY SNAPSHOT 180
TABLE 117 ARKEMA: PRODUCT OFFERED 180
TABLE 118 ARKEMA: DEALS 181
10.1.4 AVERY DENNISON CORPORATION 182
TABLE 119 AVERY DENNISON CORPORATION: BUSINESS OVERVIEW 182
FIGURE 54 AVERY DENNISON CORPORATION: COMPANY SNAPSHOT 183
TABLE 120 AVERY DENNISON CORPORATION: PRODUCT OFFERED 183
TABLE 121 AVERY DENNISON CORPORATION: DEALS 183
10.1.5 H.B. FULLER 185
TABLE 122 H.B. FULLER: BUSINESS OVERVIEW 185
FIGURE 55 H.B. FULLER: COMPANY SNAPSHOT 186
TABLE 123 H.B. FULLER: PRODUCTS OFFERED 187
TABLE 124 H.B. FULLER: OTHERS 187
10.1.6 HUNTSMAN CORPORATION 189
TABLE 125 HUNTSMAN CORPORATION: BUSINESS OVERVIEW 189
FIGURE 56 HUNTSMAN CORPORATION: COMPANY SNAPSHOT 189
TABLE 126 HUNTSMAN CORPORATION: PRODUCT OFFERED 190
TABLE 127 HUNTSMAN CORPORATION.: DEALS 190
TABLE 128 HUNTSMAN CORPORATION: OTHERS 190
TABLE 129 HUNTSMAN CORPORATION: PRODUCT LAUNCH 191
10.1.7 RPM INTERNATIONAL INC. 192
TABLE 130 RPM INTERNATIONAL INC. : BUSINESS OVERVIEW 192
FIGURE 57 RPM INTERNATIONAL INC.: COMPANY SNAPSHOT 192
TABLE 131 RPM INTERNATIONAL INC.: PRODUCT OFFERED 193
10.1.8 SIKA AG 194
TABLE 132 SIKA AG: BUSINESS OVERVIEW 194
FIGURE 58 SIKA AG: COMPANY SNAPSHOT 194
TABLE 133 SIKA AG: PRODUCT OFFERED 195
TABLE 134 SIKA AG: DEALS 195
TABLE 135 SIKA AG: OTHERS 195
10.1.9 MAPEI CORPORATION 196
TABLE 136 MAPEI CORPORATION: BUSINESS OVERVIEW 196
TABLE 137 MAPEI CORPORATION: PRODUCT OFFERED 196
10.1.10 PARKER LORD 197
TABLE 138 PARKER LORD: BUSINESS OVERVIEW 197
TABLE 139 PARKER LORD: PRODUCTS OFFERED 197
TABLE 140 PARKER LORD: DEALS 197
TABLE 141 PARKER LORD: PRODUCT LAUNCH 198
10.2 OTHER PLAYERS 199
10.2.1 ILLINOIS TOOL WORKS INC 199
TABLE 142 ILLINOIS TOOL WORKS INC: COMPANY OVERVIEW 199
10.2.2 DOW 200
TABLE 143 DOW: COMPANY OVERVIEW 200
10.2.3 JOWAT SE 201
TABLE 144 JOWAT SE: COMPANY OVERVIEW 201
10.2.4 FRANKLIN INTERNATIONAL 201
TABLE 145 FRANKLIN INTERNATIONAL: COMPANY OVERVIEW 201
10.2.5 ASHLAND INC. 202
TABLE 146 ASHLAND INC.: COMPANY OVERVIEW 202
10.2.6 BHATIA COLOR CO. 202
TABLE 147 BHATIA COLOR CO.: COMPANY OVERVIEW 202
10.2.7 COIM GROUP 203
TABLE 148 COIM GROUP: COMPANY OVERVIEW 203
10.2.8 KCC CORPORATION 203
TABLE 149 KCC CORPORATION: COMPANY OVERVIEW 203
10.2.9 PERMABOND 204
TABLE 150 PERMABOND: COMPANY OVERVIEW 204
10.2.10 PIDILITE INDUSTRIES 205
TABLE 151 PIDILITE INDUSTRIES: COMPANY OVERVIEW 205
10.2.11 SOUDAL GROUP 206
TABLE 152 SOUDAL GROUP: COMPANY OVERVIEW 206
10.2.12 ESTER 206
TABLE 153 ESTER: COMPANY OVERVIEW 206
10.2.13 KLEBCHEMIE MG BECKER GMBH & CO. KG 207
TABLE 154 KLEBCHEMIE MG BECKER GMBH & CO. KG: COMPANY OVERVIEW 207
10.2.14 YOKOHAMA INDUSTRIES AMERICAS INC. 207
TABLE 155 YOKOHAMA INDUSTRIES AMERICAS INC.: COMPANY OVERVIEW 207
10.2.15 NANPAO 208