Market Overview:
Acrylic Adhesives are based on resin adhesives, which comprises of methylacrylic and acrylic polymers. These are predominantly manufactured from monomeric esters and polyacrylate solutions. They are also known as light curing material (LCM) and are widely utilized in the production sector due to its rapid curing time and strong bond strength. Moreover, they can withstand high temperature and offer resistance to solvent, humidity, and UV rays. With the aforementioned reasons, they are widely used in numerous application such as paper & packaging, electrical & electronics, automotive & transportation, construction, and others.

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Top Global Key Players:
The major players operating in the global acrylic adhesive market include- H.B. Fuller (U.S.), Henkel AG & Co. KGaA (Germany), Bostik S.A. (France), Sika AG (Switzerland), Eastman Chemical Company(U.S.), 3M (U.S.), AVERY DENNISON CORPORATION. (U.S.), Pidilite Industries Limited (India), Royal Adhesives & Sealants (U.S.), Huntsman International LLC. (U.S.), and others.


Market Segmentation:
The Global Acrylic Adhesive Market is categorized on the basis of Type, Technology, Application:
On the basis of type, the market is categorized into acrylic polymer emulsion, UV curable, cyanoacrylate, methyl methacrylate, and others. Among these, the acrylic polymer emulsion adhesive segment accounted for the largest share in 2016 and is expected to retain its dominance on account of their ease in availability and high adoption rate in application such as construction and paper & packaging.
On the basis of technology, the market is categorized into water based, solvent based, and others. The water based technology is predicted to be the largest technology segment, in terms of both value and volume due to rising concern regarding the harmful effect of solvent based product.
On the basis of application, the market is segmented into automotive & transportation, paper & packaging, construction, electrical & electronics, and others. The application segment also includes medical, leather & footwear, furniture, signage, and consumer goods.

Regional Analysis:
Geographically, Acrylic Adhesive Market is spanned across Five Regions in the world namely: Asia Pacific, North America, Europe, Latin America, The Middle East & Africa.
Among these, Asia Pacific is predicted to be the largest market for acrylic adhesive followed by North America and Europe due to increasing usage in end use industries such as paper & packaging, building & construction, automotive and others. Some of the prominent factors boosting the growth of acrylic adhesive market in Asia Pacific region are inexpensive labor cost, low plant set up cost, high economic growth rate, and competitive manufacturing costs.
The North American acrylic adhesive market is expected to witness a substantial growth. The U.S. is expected to be the major contributor to market owing to the presence of stringent regulations and the major market players, which may govern the industry dynamics of acrylic adhesive during the review period. Europe is predicted to witness a steady growth over the assessment period owing to rising demand from paper & packaging industry. Moreover, industry growth in countries such as France, the UK, Spain, Germany, and Russia are estimated to contribute to the regional industrial growth.

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