Powder Adhesives Market Size, Share & Industry Analysis, By Type (Soluble Powder Adhesive, Hot melt Powder Adhesive, Others), By Application (Stones, Wall Tiles, Ceramics, Floor, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103453 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Powder adhesives are adhesives in dry powdered form. Many manufacturers provide wide range of powdered adhesives for different applications. Powdered adhesives can also be manufactured by custom formulations for specific applications. The superior properties of powdered adhesives lightweight and flexibility while mixing over other adhesives is making it popular in the industrial sectors.

The increasing demand from various sectors like automobile and construction for powdered adhesives with customized formulations and superior properties is likely to create positive impact. Additionally, the dry powdered form of the adhesives allows minimum wastage of the product while mixing and also is less likely to be left over after use. This is anticipated to drive the market.

However, growth of the powder adhesives market is expected to limit due to its breakdown on UV Exposure. Continuous UV exposure breakdown of molecules further causing scraping of the adhesive coating.

Key Market Driver -

Increasing demand from construction and automotive industries.

Key Market Restraint -

Breakdown due to UV Exposure

Market Segmentation:

Based on type, the market is segmented into soluble powder adhesive, hot melt powder adhesive, and others. Based on application, the market is segmented into stones, wall tiles, ceramics, floor, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global powder adhesives market consists of global & regional players operating. Some of the key players in the market include Henkel, Dow Chemical, Reliable Corporation, International Coatings, Wacker-Chemie, ATDM Co.Ltd, Cytec Solvay, and Others.

Key Insights

New Advancements in Production Technologies

Key Trends in the Powder Adhesives Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Regional Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to be the largest market due to the growing demand from paints& coatings sector. Additionally, the rising construction industry in China and India is likely to boost the regional market. North America is expected to show significant growth due to the presence of the large end-use industries based in U.S. The rapid industrialization in the European countries like Germany, France and Italy are the prime factors raising the demand for adhesives from various end-use sectors. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period.

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Segmentation

ATTRIBUTE	DETAILS
By Type	Soluble Powder Adhesive Hot melt Powder Adhesive Others
By Application	Stones Wall Tiles Ceramics Floor Others
By Geography	North America (U.S., and Canada) Europe (UK, Germany, France, Italy, and Rest of Europe) Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific) Latin America (Mexico, Brazil, Argentina, and Rest of Latin America) Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa)

Powder Adhesives Industry Developments

In February 2020, Henkel inaugurated the new production facility for adhesives in Kurbhumb, India to meet the demand from the Indian market.

In May 2017, Wacker Chemie set up a technical centre in Indonesia for construction and adhesive application, further expanding its presence in South-East Asia.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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