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Turkey adhesive market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.6% in the forecast period of 2021 to 2028 and is expected to reach USD 19,64,109.99 Thousand by 2028. Progressive use of adhesive products across several end-use industrial verticals is expected to drive the market’s growth. The rise in spending on renovation and remodeling in the construction industry in Turkey is acting as a potential market driver for the market.
· The use of adhesives products is increasing in several sectors, including construction, automotive, and energy production, which contributes to reducing the carbon footprint of a multitude of products and manufacturing processes. In terms of value, the major end-use sectors for adhesive products are building and construction, paper and board, industrial assembly, and transportation. At least half of the adhesive products are used in various industrial applications.
Turkey Adhesive Market Scope And Market Size
· Turkey adhesive market is segmented on the basis of technology, chemistry, substrate, application, and end-use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of technology, the Turkey adhesive market is segmented into the water-based, solvent-based, hot melt, reactive, and others. In 2021, the water-based segment is expected to dominate the market due to the growing demand for eco-friendly products, which increases its requirement in the market and helps to boost its demand in the forecast year.
· On the basis of chemistry, the Turkey adhesive market is segmented into polyvinyl acetate (PVA), EVA, acrylics, styrenic block, epoxy, polyurethane, others. In 2021, the polyvinyl acetate (PVA) segment is expected to dominate the market because they are easily accessible and cost-effective, which helps to boost its demand in the forecast year.
· On the basis of substrate, the Turkey adhesive market is segmented into wood, metal, plastics, composites, others. In 2021, the wood segment is expected to dominate the market because it is widely used across various industrial domains, particularly in the residential construction industry, which helps to boost its demand in the forecast year.
· On the basis of application, the adhesives market is segmented into pressure-sensitive applications (PSA), construction, automotive, packaging, furniture, footwear, others. In 2021, the pressure-sensitive applications (PSA) segment is expected to dominate the market because they offer good initial adhesion properties and high peel strength, which helps to boost its demand in the forecast year.
· On the basis of end-use, the adhesive market is segmented into B2C (consumer products), glue processors, B2B. In 2021, B2C (consumer products) segment is expected to dominate the market due to the growth in household activities and residential construction and renovation activities in the country, which helps to boost its demand in the forecast year
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Competitive Landscape and Adhesive Market Share Analysis
· Turkey adhesive market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Turkey adhesive market.
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The major players covered in the report are
· Henkel AG & Co.
· KGaA,
· 3M, Sika,
· Mitsubishi Chemical Corporation,
· AVERY DENNISON CORPORATION.,
· H.B. Fuller Company,
· Akzo Nobel N.V.,
· Eastman Chemical Company,
· DuPont,
· Bostik,
· Akkim,
· Ashland,
· Beardow Adams,
· BETA Kimya, Frimpeks, Jowat,
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MAJOR TOC OF THE REPORT
INTRODUCTION
MARKET SEGMENTATION
EXECUTIVE SUMMARY
PREMIUM INSIGHTS
MARKET OVERVIEW
QUESTIONNAIRE
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