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NEW YORK , Aug. 31, 2022 /PRNewswire/ -- According to the latest market research report published by P&S Intelligence, in 2021, the acrylic adhesives market was worth around $8,964.1 million , which is on track to hitting a $14,921.4 million value by 2030, growing at a 5.8% CAGR from 2021 to 2030. This is owing to the surging need for technologically upgraded and eco-friendly acrylic adhesives in various industries. Such materials have a broad range of applications in transportation, packaging, automotive, woodworking, and many other sectors.

Furthermore, while the U.S. has a considerable potential for imports, Europe currently manufactures acrylic adhesives in huge quantities. Thus, a sharp increase in product sales may soon be seen in the U.S. Additionally, the economic performance is expected to improve in Europe and North America , which would allow entities to up their investments in adhesive R&D, while China and Japan will continue their industrial boom.

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Essential Points of Acrylic Adhesives Market Report

For hot-fill and boil-in-bag applications, as primers for the adhesion enhancement of inks and extrusion lamination, as well as for confectionery and snack packaging, several businesses that provide water-based acrylic adhesives employ the urethane technology. Thus, the demand for water-based variants will advance at a 6.2% CAGR over this decade, as they have fewer emissions.

Browse detailed report on Acrylic Adhesives Market Growth, Development and Demand Forecast to 2030

The key players in the acrylic adhesives market are introducing new products to increase their share. These players are Ashland , Arkema, Pidilite Industries Ltd., The Dow Chemical Company, Huntsman International LLC, Bostik SA, Royal Adhesives & Sealants LLC, Sika AG, Avery Dennison Corporation, ITW Performance Polymers, 3M , and Henkel AG & Co. KGaA.

Global Acrylic Adhesives Market Report Coverage

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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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