Adhesive Equipment Market Huge Demand in COVID-19: Regional Outlook, Trends, Key Companies Profile, CAGR and Forecast to 2027

The global adhesive equipment market is foretold to grow substantially at a CAGR of 6.6% between 2015 to 2022 and is expected to reach an estimated value of USD 42.06 bn as against the valuation of USD 26.93bn in 2014.

The soaring industrialization across the globe is anticipated to drive the global adhesive equipment during the forecast period.

Researchmoz sheds some light on the market forces including drivers, restraints, opportunities, market size, trends, and competitive topography.

Factors Driving and Restraining the Market

The Factors That Act As Determinants of Growth for The Global Adhesive Equipment During The Forecast Years Include-

Growing demand from various industries such as textiles, footwear, packaging, construction, and automotive is anticipated to expand the global adhesive equipment market in the coming years.

Government initiatives to promote sustainable packaging is predicted to boost the global adhesive equipment market to grow during the forecast period.

Cost-effectiveness, versatility, and quicker drying times are some of the advantages of adhesive which are expected to pave the way for the adhesive equipment market to swell up in the following years.

Further, rising awareness of sustainable and cost-effective adhesive is anticipated to bolster sales in the global adhesive equipment market.

The footwear manufacturers use these adhesives for the making of strong and waterproof shoes, thus leading to the expansion of the global adhesive equipment market.

The increasing demand for hygiene products such as sanitary napkins, baby wipes, adult diapers, etc. is expected to further augment the growth in the global adhesive equipment market during the forecast period.

The surge in demand for consumer electronics is anticipated to drive the global adhesive equipment to swell up in the next few years.

Competitive Landscape

The global adhesive equipment market is fragmented and witnesses a cut-throat competition due to the involvement of many prominent players in the market, internationally and domestically.

Following are the major players in the global adhesive equipment market –

Adhesive Dispensing Limited
Robatech
Adhesive & Equipment, Inc
Henkel
Nordson Corporation
Dymax Corporation
3M Company
Dymax Corporation

Equipment Product Outlook (Revenue, USD Million)

Industrial hot melt equipment
Adhesive controllers
Cold Glue Applicator
Pneumatic Adhesive Applicator
Adhesive Pumping Systems
Adhesive Application Guns

Application Outlook (Revenue, USD Million)

Packaging
Construction
Lamination
Disposable Hygiene Products (DHP)
Technical Textiles

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Regional Disposition

North America
- U.S.
- Canada

Europe
- U.K.
- Germany
- France

Asia Pacific
- China
- India
- Japan
- South Korea

Latin America
- Brazil
- Mexico

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