Emulsion Adhesives to Grow at 5.9 Percent Compound Annual Growth Rate by 2022
June 11, 2018
The emulsion adhesives market is poised to grow at a 5.9 percent compound annual growth rate between 2017 and 2022, according to market research firm ReportLinker.
“This growth can be attributed to the high demand for acrylic emulsion adhesives in the [Asia Pacific] APAC region and technological innovations in end-use industries,” says ReportLinker. “However, performance issues in high-strength applications are expected to restrain the growth of the emulsion adhesives market.”
Acrylic polymer emulsion will be the fastest-growing resin type segment of the market, according to ReportLinker, due in part to its transparency, resistance to breakage, and elasticity. The demand comes from end-use industries like paper and packaging, tapes and labels, construction, automotive, and transportation.