The bookbinding adhesives industry produces and supplies adhesives for bookbinding applications. It is an important sector in the production of books and other paper-based publications, and The global bookbinding adhesive market size was USD 1.8 billion in 2022 and is projected to grow at a CAGR of 2.2% during the forecast period to reach USD 2.1 billion by 2027. This report provides a detailed and analytical look at the various companies that are working to achieve a high market share in the global Bookbinding Adhesives market. Data is provided for the top and fastest growing segments. This report implements a balanced mix of primary and secondary research methodologies for analysis.
The industry's scope is expected to expand due to the growing demand for bookbinding adhesives in emerging economies and the rise in self-publishing. The increasing adoption of e-books may affect the demand for bookbinding adhesives, but it is expected that print books will continue to be popular. The industry is also likely to see advancements in adhesive technology to improve performance and reduce environmental impact.
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Bookbinding Adhesives Market Key Players
Major players operating in the global bookbinding adhesives market include Henkel AG (Germany), H.B. Fuller Company (US), Arkema (France), Dow Chemical Company (US).
H.B. Fuller Company H.B. Fuller Company formulates, manufactures, and markets adhesives and other specialty chemical products globally. The company operates through five segments, namely, Americas adhesives, construction products, EIMEA (Europe, India, Middle East, and Africa), engineering adhesives, and Asia-Pacific.
"The Vinyl Acetate Ethylene (VAE) is expected to account for the largest share"
Vinyl Acetate Ethylene (VAE) is a type of bookbinding adhesive that is expected to account for the largest share of the bookbinding adhesives market. This is because VAE offers excellent adhesion, high bonding strength, and good water resistance, making it a popular choice for bookbinding applications. VAE also has low odor and low VOC emissions, making it an environmentally friendly option. Additionally, the growing demand for perfect binding and case binding in the publishing industry is driving the growth of the VAE segment in the bookbinding adhesives market. Overall, the VAE segment is expected to continue to dominate the bookbinding adhesives market in the coming years.
"Hot melt adhesives Segment in bookbinding adhesives market"
Hot melt adhesives are a type of bookbinding adhesive that is commonly used in perfect binding, case binding, and PUR binding. They are applied in a molten state and solidify upon cooling, forming a strong and durable bond between the pages and the cover of the book.
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The hot melt adhesives segment is a major segment in the bookbinding adhesives market, accounting for a significant share of the market. The demand for hot melt adhesives is driven by their fast bonding and curing properties, high bonding strength, and good resistance to heat and humidity. Hot melt adhesives are also known for their excellent adhesion to a wide range of substrates, making them suitable for use with different types of paper and cover materials.
Hot melt adhesives are particularly useful in high-volume book production processes, as they can be applied quickly and efficiently, leading to increased productivity and cost-effectiveness. They also offer good mechanical properties, such as flexibility and toughness, which are essential for ensuring the durability and longevity of the book.
Overall, the need for hot melt adhesives in the bookbinding industry is driven by their excellent properties and suitability for use in high-volume production processes, making them a popular choice for bookbinders and publishers.
"Bookbinding Adhesives Market Regional Growth"
The bookbinding adhesives market is a global market, with significant growth potential in different regions around the world.
North America and Europe are mature markets for bookbinding adhesives, with a relatively stable demand for adhesives due to the presence of established publishing and printing industries. However, the demand for eco-friendly adhesives is increasing in these regions, which is expected to drive the growth of the market in the coming years.
The Asia Pacific region is expected to experience significant growth in the bookbinding adhesives market due to the growing demand for books and publications in countries such as China and India. Additionally, the rise of print-on-demand services and self-publishing is expected to increase the demand for bookbinding adhesives in smaller quantities in the region.
Latin America and the Middle East & Africa are also expected to witness steady growth in the bookbinding adhesives market due to the growing demand for books and publications in these regions.
