Rubber-Based Adhesives Market Size, Share & Industry Analysis, By Type (Natural Rubber-Based Adhesive, Synthetic Rubber-Based Adhesive), By Application (Building & Construction, Aerospace, Electrical & Electronics, Automotive, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103465 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Rubber-based adhesives are adhesives that are synthesized made using rubber as base material. They are also composed of natural or synthetic elastomers which are tackified by the addition of various types of resin. These types of adhesives are used for synthesizing pressure sensitive adhesives attributed to the exceptional initial tack and adhesion. They can also adhere to broad range of surfaces and materials including plastic.

The increasing demand from automobile and construction industries for rubber-based adhesives attributed to its exceptional qualities like adherence to most of the surfaces, excellent initial tack, and it is cost effective as compared to other adhesives like acrylic or silicone adhesives.

However, growth of the rubber-based adhesives market is expected to limit due to its solvent and UV light susceptibility. It shows limited effectiveness to certain chemicals UV rays and high temperature.

Key Market Driver -

increasing demand from end-use sector due to cost-effectiveness.

Key Market Restraint -

Susceptibility to UV light, high temperature and moisture.

Market Segmentation:

Based on type, the market is segmented into Natural Rubber-Based adhesives and Synthetic Rubber-Based adhesive. Based on application, the market is segmented into Building & Construction, Aerospace, Electrical & Electronics, automotive 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 rubber-based adhesives market consists of global & regional players. Some of the key players operating in the industry include 3M, Dow Chemical Company, Huntsman Corp, Avery Dennison, Adhesives Research, Henkel AG & Company, KGAA, Yasuhara Chemical Co., Ltd., Jagannath Polymers Pvt Ltd, Lord Corporation, and Others.

Key Insights

New Advancements in Production Technologies

Key Trends in the Rubber-Based 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 estimated to hold the largest share attributed to the high demand for rubber based adhesive tapes from China and India. North America is estimated to be second-largest market attributed to the large number of manufacturing companies. Europe is expected to show significant growth due to the increasing demand from automotive and construction sector. 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	Natural Rubber-Based Adhesive Synthetic Rubber-Based Adhesive
By Application	Building & Construction Aerospace Electrical & Electronics Automotive Others
By Geography	North America (U.S., 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, and Rest of Latin America) Middle East & Africa (Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa)

Rubber-Based Adhesives Industry Developments

In October 2019, Avery Dennison Performance Tapes introduced Core series portfolio that specifies a full detailed extent of adhesive technologies, from general purpose rubber to silicone adhesives.

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

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