Global Adhesive Equipment Market Report and Forecast 2024-2032

Global Adhesive Equipment Market Outlook

The global adhesive equipment market attained a value of nearly USD 40.14 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 5.6% to reach a valuation of about USD 65.55 billion by 2032.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Asia Pacific to Hold Considerable Share in the Market Growth of Adhesive Equipment

The Asia Pacific region is anticipated to hold a considerable share in the adhesive equipment market over the coming years. This can be attributed to the rapid growth in industrialisation and the growing end-use industries, especially in China. Meanwhile, Europe is likely to witness robust growth in the market of adhesive equipment on account of the increasing geriatric population. Larger geriatric populations result in a consequent demand for DHP like adult incontinence products that are manufactured employing adhesives.

Moreover, the surging construction expenditure in the United Kingdom along with rising spending on the renovation of the infrastructure and buildings is expected to fuel the increasing dispensing equipment demand. It will subsequently bolster the market growth of adhesive equipment. Based on application, the packaging segment is expected to drive market growth due to the rise in the requirement for adhesive equipment from the packaging industry.

Adhesive Equipment Market Segmentation

Adhesive equipment are gears and tools that help in bonding unlike objects. They include industrial hot melts, adhesive controllers, adhesive pumping systems, and adhesive application guns. They reduce stress concentration at rivet points and screws, enhance production efficiency, and reduces vibration and noise. Consequently, they find extensive applications in the construction, packaging, and textile industries worldwide.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

By product, the adhesive equipment market is divided into:

• Industrial Hot Melt

• Adhesive Controllers

• Pneumatic Adhesive Applicators

• Cold Glue Applicators

• Adhesive Pumping Systems

• Adhesive Application Guns

Based on application, the market is categorised into:

• Lamination

• Construction

• Packaging

• Disposable Hygiene Products (DHP)

• Technical Textiles

• Others

The EMR report looks into the regional markets of adhesive equipment in Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Rapid Industrialisation to Fuel the Market Growth for Adhesive Equipment

Across the globe, the adhesive equipment market is expected to witness robust growth over the coming years on account of the rising industrialisation. The growth would be supported by favourable government initiatives undertaken to support the packaging industry in several regions and an upsurge in the application in packaging and DHP industries.

The surging investments in construction to renovate and refurbish existing infrastructure coupled with increasing automotive and consumer electronics industries is expected to drive the market growth during the forecast period. There is an increasing preference for packaged foods and surging demand for occasional adhesive dispensing to lower the costs as well as product wastage. The popularity of dispensing systems in food and beverage packaging is likely to grow and is further expected to boost the market demand for adhesive equipment across the globe.

Key Players in the Global Market for Adhesive Equipment

The report presents a detailed analysis of the following key players in the global adhesive equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Glue Machinery Corporation

• Nordson Corporation

• Valco Cincinnati Inc.

• Graco Inc.

• Henkel Corporation

• Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

Adhesive Equipment Market Report Snapshots

Adhesive Equipment Market Size

Adhesive Equipment Market Growth

Adhesive Equipment Companies