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Historical Year
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The global adhesive equipment market attained a value of nearly USD 40.14 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 5.6% to reach a valuation of about USD 65.55 billion by 2032.
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The Asia Pacific region is anticipated to hold a considerable share in the adhesive equipment market over the coming years. This can be attributed to the rapid growth in industrialisation and the growing end-use industries, especially in China. Meanwhile, Europe is likely to witness robust growth in the market of adhesive equipment on account of the increasing geriatric population. Larger geriatric populations result in a consequent demand for DHP like adult incontinence products that are manufactured employing adhesives.
Moreover, the surging construction expenditure in the United Kingdom along with rising spending on the renovation of the infrastructure and buildings is expected to fuel the increasing dispensing equipment demand. It will subsequently bolster the market growth of adhesive equipment. Based on application, the packaging segment is expected to drive market growth due to the rise in the requirement for adhesive equipment from the packaging industry.
Adhesive equipment are gears and tools that help in bonding unlike objects. They include industrial hot melts, adhesive controllers, adhesive pumping systems, and adhesive application guns. They reduce stress concentration at rivet points and screws, enhance production efficiency, and reduces vibration and noise. Consequently, they find extensive applications in the construction, packaging, and textile industries worldwide.
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By product, the adhesive equipment market is divided into:
Based on application, the market is categorised into:
The EMR report looks into the regional markets of adhesive equipment in Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.
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Across the globe, the adhesive equipment market is expected to witness robust growth over the coming years on account of the rising industrialisation. The growth would be supported by favourable government initiatives undertaken to support the packaging industry in several regions and an upsurge in the application in packaging and DHP industries.
The surging investments in construction to renovate and refurbish existing infrastructure coupled with increasing automotive and consumer electronics industries is expected to drive the market growth during the forecast period. There is an increasing preference for packaged foods and surging demand for occasional adhesive dispensing to lower the costs as well as product wastage. The popularity of dispensing systems in food and beverage packaging is likely to grow and is further expected to boost the market demand for adhesive equipment across the globe.
The report presents a detailed analysis of the following key players in the global adhesive equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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Adhesive Equipment Market Size
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
In 2023, the global market attained a value of nearly USD 40.14 billion.
The market is assessed to grow at a CAGR of 5.6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach almost USD 65.55 billion by 2032.
The major market drivers are surging industrialisation and an increasing number of research and development initiatives by companies to develop sustainable packaging.
The key market trends include rapid growth in technology, development of bio-based counterparts and dispensing equipment and increasing disposable income.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various adhesive equipment products in the market include industrial hot melt, adhesive controllers, pneumatic adhesive applicators, cold glue applicators, adhesive pumping systems, and adhesive application guns.
The various applications of adhesive equipment in the market include lamination, construction, packaging, disposable hygiene products (DHP), and technical textiles.
The major players in the market are Glue Machinery Corporation, Nordson Corporation, Valco Cincinnati Inc., Graco Inc., and Henkel Corporation, among others.
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