The latest report by IMARC Group, titled “Adhesive Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the adhesive equipment market demand. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global adhesive equipment market size reached US$ 35.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 53.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
Adhesive Equipment Market Trends:
The global market is primarily driven by the rising demand for adhesives in the automotive industry for lightweight vehicle manufacturing. In line with this, the expanding construction industry, which utilizes adhesives for bonding, sealing, and insulation applications, drives demand in the market. Furthermore, the growing electronics sector, requiring precise and reliable adhesive applications, supports market expansion.
Besides this, the increased adoption of adhesive equipment in the medical industry for device assembly and medical tape production enhances market growth. Similarly, the continuous innovations in adhesive formulations and application techniques drive the adoption of advanced adhesive equipment in the market. The rising emphasis on reducing volatile organic compounds (VOCs) in industrial processes encourages the use of adhesive equipment that supports environmentally friendly practices and fosters positive market outlook.
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Adhesive Equipment Market Scope and Growth Analysis:
The scope of the market is poised for substantial growth, encompassing various industries such as automotive, construction, packaging, electronics, and medical. The market's scope is fueled by the continuous development of advanced adhesive technologies and equipment that cater to diverse industrial needs. According to market analysis, the growing trend towards automation and precision in manufacturing processes creates significant growth opportunities for adhesive equipment in the market.
Moreover, the increasing demand for sustainable and eco-friendly adhesive solutions is expected to drive market scope as industries seek to comply with stringent environmental regulations. Furthermore, the rise in infrastructure development projects globally and the increasing production of consumer electronics strengthen the market's potential. In addition to this, the integration of smart technologies and IoT in adhesive equipment enhances operational efficiency and real-time monitoring, further expanding market scope.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 3M Company
- Adhesive & Equipment Inc.
- Atlas Copco
- Dymax Corporation
- Glue Machinery Corporation
- Graco Inc.
- B. Fuller Company
- Henkel AG & Co. KGaA
- ITW Dynatec
- Nordson Corporation
- Robatech AG
- Valco Cincinnati Inc
Adhesive Equipment Market Segmentation:
Our report has categorized the market based on region, product, application and distribution channel.
Breakup by Product:
- Industrial Hot Melt
- Adhesive Controllers
- Cold Glue Applicators
- Pneumatic Adhesive Applicators
- Adhesive Pumping Systems
- Adhesive Application Guns
- Others
Breakup by Application:
- Packaging
- Construction
- Lamination
- Disposable Hygiene Products (DHP)
- Technical Textiles
- Others
Breakup by Distribution Channel:
- Supermarket and Hypermarket
- Retail Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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