Europe Waterborne Adhesives Industry

Europe Waterborne Adhesives Market Analysis

The Europe Waterborne Adhesives Market is expected to register a CAGR of greater than 5% during the forecast period.

• Increasing use of recycled plastics is expected to provide a major growth opportunity for the market studied.
• Germany accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
• Among the Resin Types, Polyvinyl Acetate (PVA) Emulsion is expected to dominate the market studied during the forecast period.

Europe Waterborne Adhesives Market Trends

Polyvinyl Acetate (PVA) Emulsion to Dominate the Market

• Polyvinyl Acetate (PVA) water borne adhesives is majorly used in the wood industry for making complex joints. The use of PVA also provides heat resistance throughout the joint and improves the lifespan of the wood.
• PVA improves the UV degradability issue related to wood and imparts it higher resistance against UV radiation.
• These adhesives are also used in bonding paper, cardboard, wood, base and for moisture-activated bonding.
• Therefore, PVA emulsion is the most in-demand type of water-based adhesives currently and is expected to dominate the market studied during the forecast period.

Germany to Dominate the Market

• Europe is the second-fastest growing waterborne adhesive market in the world, after Asia-Pacific.
• With the emergence of new industries and firms working in the research and development of waterborne adhesives, Germany has observed the highest growth in the market share in the recent past.
• Germany is likely to expand at a fast growth rate, followed by the United Kingdom and Italy. Additionally, Germany has exhibited the largest growth in the number of players working towards the research and development in the waterborne adhesive market.
• Therefore the Germany is expected to dominate the market studied during the forecast period.

Europe Waterborne Adhesives Industry Overview

The Europe waterborne adhesives market is moderately consolidated as the market of the market share is divided among a few players. Some of the key players in the market include 3M, Arkema Group, Dow, Henkel AG & KGaA, and Sika AG, among others.

Europe Waterborne Adhesives Market Leaders