This study takes the closer look at different growth trends, futures prospects, Industrial revenue performance, market shares and regulations that will standardize the industry in near future; this would help business owners to strategically evaluate their micro-markets.The global plastic adhesives market is projected to be worth USD 10.29 Billion by 2027, according to a current analysis by Emergen Research.
Plastic adhesives find extensive application in packaging, chemical drums, storage containers, and tanks, amongst several low-cost assembly products.The Plastic Adhesives Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them.
This assists the readers and business owners in formulating strategic expansion and investment plans.
The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others.
The report also talks about the expansions these prominent players are vying for in the key regions of the market.Plastic adhesives such as hot melt adhesives are widely used over solvent-based adhesives, due to its many benefits, such as constituting VOCs that are either eliminated or reduce, removal of curing step, a longer shelf-life, and maintaining its thickness in the course of solidification.Read more@ https://www.emergenresearch.com/industry-report/plastic-adhesives-marketKey Highlights From The ReportIn April 2019, Parker Hannifin Corporation made an announcement about signing an agreement for the acquisition of Lord Corporation worth USD 3.68 billion.
Lord Corporation provides a wide range of adhesives, specialty materials, coatings, vibration & motion control technologies.Acrylic adhesives are garnering significant traction in the market, owing to the offering of superior temperature, ultraviolet, and oxidation resistance; and hence find preferable usage in outdoor purposes.