19-Apr-2021 | Market Research Store

Findings from Market Research Store report “Adhesive Equipment Market – By Product Type (Industrial Hot Melt Equipment,  Adhesive Controllers, Cold Glue Applicator, Pneumatic Adhesive Applicator, Adhesive Pumping Systems, and Adhesive Application Guns), and By Application (Packaging, Construction, Lamination, Disposable Hygiene Products (DHP), Technical Textiles, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global demand for adhesive equipment market in 2019 was approximately USD 37.1 Billion. The market is expected to grow at a CAGR of 6.6% and is anticipated to reach around USD 58 Billion by 2026.

Adhesives are a material made up of two or more liquid or semi-liquid materials that are permanently adhered to surfaces using special equipment. Extracting, melting, dispensing, and bonding are few major steps in the adhesive formulation process. As a result, various forms of adhesive devices are used to carry out certain operations. Adhesive controllers, pneumatic adhesive applicators, adhesive application guns, industrial hot melt equipment, cold glue applicator, and adhesive pumping systems are among the equipment.

The increasing demand from the construction and building industry is expected to drive the adhesives industry augmenting the growth of the adhesive equipment market. In developing countries such as India, China, Brazil, Mexico, Vietnam, and Indonesia, population growth and urbanization are pushing the residential construction market. In these countries, there is a raising need for permanent residence, which is driving demand for adhesives and sealants. Wallpapers, tiling, external building systems, and carpets are some of the uses of adhesives in the building industry is propelling the demand for adhesive equipment. Curtain wall panels and insulating glass units are also kept in place with adhesives. As a result, the construction industry's rising demand for adhesives is a significant growth factor for the adhesive equipment market.

Since the majority of the adhesive equipment industry's manufacturing staff is employed in on-site positions that cannot be handled remotely, it can be particularly fragile. If COVID-19 infections disperse across the workforce, plant capability can be harmed unless appropriate preventative steps are taken. Furthermore, considering the complexities of the market, businesses may need to explore ways to establish social distancing in workplaces where workers are frequently crowded. The adhesive equipment industry as a whole was affected by market volatility, supply chain disruptions, unpredictable demand, and labor shortages. The end-use sectors are expected to be fully operational by the beginning of 2021, resulting in high demand for adhesive equipment. Hence the demand is anticipated to increase at a rapid pace in the upcoming years. Adhesive equipment products have been endorsed by many applicants in the construction, retail, transportation, and textile sectors because they can improve operational efficiency.

The global adhesive equipment market is bifurcated into its product type, application, and regions. Based on the product type, the global market is divided into adhesive controllers, pneumatic adhesive applicators, adhesive application guns, industrial hot melt equipment, cold glue applicator, and adhesive pumping systems. Based on the application, the global market is divided into construction, disposable hygiene products (DHP), packaging, lamination, technical textiles, and others. Geographically, the global adhesive equipment market is divided into North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.

The packaging and paper industry has the largest share of the global adhesives market (especially for hot melt and water-based adhesives), hence the packaging sector has the highest demand for adhesive equipment. Consumer tastes are moving toward modern enticing containers, ease of usage, recycling, and environmental conscientious values, and the packaging adhesives industry is rising at a rapid pace. Suppliers of adhesive dispensing equipment are crucial in assisting disposable hygiene producers in producing higher-quality goods quicker, more effectively, and at a reduced rate. The growth of the disposable hygiene products industry is hampered by concerns about safety, convenience, and hygiene. However, increasing global usage of sanitary pads, diapers, baby goods, and other disposable hygiene products is expected to fuel demand for disposable hygiene products in the foreseeable future.

Asia Pacific region dominated the global adhesive equipment market in 2019 and is anticipated to continue its dominance in the upcoming years. This can be attributed to the industrialization, development of infrastructure, and expanding end use industries in emerging economies such as China and India. China is anticipated to grow at a significant rate in the upcoming years. The Asia Pacific region economic development, particularly in emerging markets like India, Indonesia, Vietnam, Thailand, Malaysia, and Taiwan, is leading to an increase in the number of infrastructure projects, which is expected to drive demand for adhesives in the building and construction industry propelling the adhesive equipment market in the region. In order to fulfill the growing demand for adhesive equipment in the Asia Pacific region, key players in the market are expanding their production capacities. The majority of new market entrants are focused on expanding their operations in emerging economies, especially in Asia-Pacific and Latin America. Despite these positive developments, the demand is expected to be hampered by factors such as volatility of raw material prices and stringent regulatory policies. Due to the growing geriatric population and the resulting demand for DHP where adhesives are used such as adult incontinence products, Europe is expected to be a major consumer of adhesive equipment products.  In the UK, rising construction investment to refurbish and renovate existing buildings and facilities is expected to fuel demand for adhesive dispensing equipment.

Some of the key players in the adhesive equipment market are Dymax Corporation, Adhesive Packaging, LLC, Atlas Copco Group, Hernon Manufacturing Inc., H.B. Fuller Company, Nordson Corporation, ITW Dynatec, Adhesive Dispensing Limited, Robatech, Henkel, Ashland, Valco Melton, Glue Machinery Corporation, Graco Inc, Adhesive & Equipment, Inc., and 3M Company among others.

Browse the full “Adhesive Equipment Market By Product Type (Industrial Hot Melt Equipment, Adhesive Controllers, Cold Glue Applicator, Pneumatic Adhesive Applicator, Adhesive Pumping Systems, and Adhesive Application Guns), and By Application (Packaging, Construction, Lamination, Disposable Hygiene Products (DHP), Technical Textiles, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.marketresearchstore.com/market-insights/adhesive-equipment-market-828561

This report segments the adhesive equipment market as follows:

Global Adhesive Equipment Market: By Product Type Segmentation Analysis

  • Industrial Hot Melt Equipment
  • Adhesive Controllers
  • Cold Glue Applicator
  • Pneumatic Adhesive Applicator
  • Adhesive Pumping Systems
  • Adhesive Application Guns

Global Adhesive Equipment Market: By Application Segmentation Analysis

  • Packaging
  • Construction
  • Lamination
  • Disposable Hygiene Products (DHP)
  • Technical Textiles
  • Others

Global Adhesive Equipment Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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