Abstract
Summary
The global adhesive equipment market size reached US$ 33.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 45.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2022-2028.
Adhesive equipment refers to tools and gears that aid in bonding dissimilar objects. It comprises adhesive controllers, industrial hot melts, adhesive pumping systems, and adhesive application guns. It reduces stress concentration at screw and rivet points, improves production efficiency, and minimizes vibration, fatigue, and noises. As a result, it finds extensive application in the packaging, construction, and textile industries across the globe.
Adhesive Equipment Market Trends:
A significant rise in the demand for disposable hygiene products (DHP) due to safety concerns and increased convenience represents one of the major factors strengthening the growth of the market. Adhesive equipment is widely utilized in the manufacturing of DHP to offer better quality products at a faster and relatively lower cost. Besides this, on account of the need for fast and safe bonding of the materials, cost-saving production, and compatibility with the existing production lines, there is a rise in the demand for adhesive equipment in the packaging industry around the world. Moreover, increasing utilization in the food and beverages, electronics, pharmaceuticals, fast-moving consumer goods (FMCG) for numerous purposes is acting as another growth-inducing factor. Furthermore, the leading players are focusing on introducing innovative and sustainable equipment, such as bio-based hot melt adhesives, which rely on fossil fuel-based components. These adhesives offer excellent performance, easy conversion, and temperature resistance. These innovations are strengthening the growth of the market. Some of the other factors, such as increasing industrialization, favorable government initiatives undertaken in various countries to support the packaging sector, rising construction spending to refurbish and renovate existing infrastructure, and the thriving automotive and consumer electronics industries, are anticipated to propel the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global adhesive equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application and distribution channel.
Breakup by Product:
Industrial Hot Melt
Adhesive Controllers
Cold Glue Applicators
Pneumatic Adhesive Applicators
Adhesive Pumping Systems
Adhesive Application Guns
Others
Breakup by Application:
Packaging
Construction
Lamination
Disposable Hygiene Products (DHP)
Technical Textiles
Others
Breakup by Distribution Channel:
Supermarket and Hypermarket
Retail Stores
Online Stores
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Adhesive & Equipment Inc., Atlas Copco, Dymax Corporation, Glue Machinery Corporation, Graco Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, ITW Dynatec, Nordson Corporation, Robatech AG and Valco Cincinnati Inc.
Key Questions Answered in This Report
1. How big is the global adhesive equipment market?
2. What is the expected growth rate of the global adhesive equipment market during 2023-2028?
3. What are the key factors driving the global adhesive equipment market?
4. What has been the impact of COVID-19 on the global adhesive equipment market?
5. What is the breakup of the global adhesive equipment market based on the product?
6. What is the breakup of the global adhesive equipment market based on the application?
7. What is the breakup of the global adhesive equipment market based on the distribution channel?
8. What are the key regions in the global adhesive equipment market?
9. Who are the key players/companies in the global adhesive equipment market?
Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Adhesive Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Industrial Hot Melt
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Adhesive Controllers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Cold Glue Applicators
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Pneumatic Adhesive Applicators
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Adhesive Pumping Systems
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Adhesive Application Guns
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Others
6.7.1 Market Trends
6.7.2 Market Forecast
7 Market Breakup by Application
7.1 Packaging
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Construction
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Lamination
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Disposable Hygiene Products (DHP)
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Technical Textiles
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarket and Hypermarket
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retail Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Online Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 3M Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
14.3.2 Adhesive & Equipment Inc
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
14.3.3 Atlas Copco
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
14.3.4 Dymax Corporation
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
14.3.5 Glue Machinery Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
14.3.6 Graco Inc
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
14.3.7 H.B. Fuller Company
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
14.3.8 Henkel AG & Co. KGaA
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
14.3.9 ITW Dynatec
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
14.3.10 Nordson Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
14.3.11 Robatech AG
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
14.3.12 Valco Cincinnati Inc
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio