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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.
Adhesive Equipment Market Size
Adhesive Equipment Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market attained a value of nearly USD 40.14 billion.
The market is assessed to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 65.55 billion by 2032.
The major market drivers are surging industrialisation and an increasing number of research and development initiatives by companies to develop sustainable packaging.
The key market trends include rapid growth in technology, development of bio-based counterparts and dispensing equipment and increasing disposable income.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various adhesive equipment products in the market include industrial hot melt, adhesive controllers, pneumatic adhesive applicators, cold glue applicators, adhesive pumping systems, and adhesive application guns.
The various applications of adhesive equipment in the market include lamination, construction, packaging, disposable hygiene products (DHP), and technical textiles.
The major players in the market are Glue Machinery Corporation, Nordson Corporation, Valco Cincinnati Inc., Graco Inc., and Henkel Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124