Chemical Adhesives Market Definition
The chemical adhesives market is an integral segment of the chemical industry. This industry manufactures and distributes adhesives for holding different surfaces. Different types of chemical fibers are available in the market, including acrylic, PVA, polyurethanes, styrenic block, epoxy, EVA, and others. The various types of adhesive technology include water-based adhesives, solvent-based adhesives, hot melt, reactive adhesives, and others. This market is anticipated to rise significantly with the growth of the advanced chemical industry worldwide.
The demand for chemical adhesives has grown rapidly in the medical industry. In the medical sector, these substances bond medical products, surgical instruments, medical device labels, and surgical drapes. Also, the application of chemical adhesives has increased in the automotive sector. In the automotive industry, these substances are used for structural bonding, surface protection, securing HMIs, sealing, etc. Moreover, the increased demand for chemical adhesives from the construction and furniture industry has recently gained traction. Thus, the growing application of the sectors mentioned earlier is anticipated to boost the growth of the chemical adhesives market.
Advancements in plastic recycling technologies, along with research and development associated with sustainable adhesives, are expected to create ample growth opportunities for the market players in the upcoming days. In September 2024, Bostik launched a new range of packaging adhesives. These adhesives are developed for reducing carbon footprints and maintaining environmental sustainability.
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