France Adhesives Market Size, Share, and COVID-19 Impact Analysis, By Technology (Water Based, Solvent Based, Hot Melt, and Others), By Application (Paper & Packaging, Consumer & DIY, Building & Construction, Furniture & Woodworking, Footwear & Leather, Automotive & Transportation, Medical, and Others), and France Adhesives Market Insights, Industry Trend, Forecasts to 2033.
Industry: Chemicals & MaterialsFrance Adhesives Market Insights Forecasts to 2033
- The France Adhesives Market Size was valued at USD 1.89 Billion in 2023.
- The Market Size is Growing at a CAGR of 6.11% from 2023 to 2033.
- The France Adhesives Market Size is Expected to Reach USD 3.42 Billion by 2033.
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The France Adhesives Market Size is Anticipated to Reach USD 3.42 Billion by 2033, Growing at a CAGR of 6.11% from 2023 to 2033.
Market Overview
Adhesives are compounds that form a strong bond between two or more materials. They offer an alternative to traditional mechanical fasteners like screws and bolts. Adhesives come in a variety of forms, including liquid, tape, paste, and film, each designed for a specific application. Their ability to bond different materials, such as metals, plastics, wood, and ceramics, makes them indispensable in a variety of industries. The Italian adhesives market is a thriving sector of the country's industrial landscape. Adhesives, also known as glues, are used in many industries, including construction, automotive, packaging, and electronics. In France, end-user industries such as packaging, healthcare, and construction have the largest market share in the adhesives market. Flexible packaging saw significant growth in France. Cheap and lightweight packaging is becoming increasingly popular in France, encouraging manufacturers to use flexible packaging for a variety of products. Adhesives are widely used in the country's packaging industry because they are essential for bonding plastics, metals, and paper and cardboard packaging applications.
Report Coverage
This research report categorizes for the France adhesives market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France adhesives market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France adhesives market.
France Adhesives Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 1.89 Billion |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 6.11% |
2033 Value Projection: | USD 3.42 Billion |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 189 |
Tables, Charts & Figures: | 120 |
Segments covered: | By Technology, By Application. |
Companies covered:: | 3M, Arkema Group, AVERY DENNISON CORPORATION, Bolton Adhesives, Dow, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman International LLC, MAPEI S.p.A., Sika AG, and Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Driving Factors
Increasing public awareness and environmental regulations are encouraging leading manufacturers to develop green, non-hazardous, and sustainable sealants and adhesives. Some of the key market players are offering sustainable adhesives that do not contain any added formaldehyde for use as a bonding agent in building products. As a result, growing public awareness about the use of environmentally friendly materials is driving the development of sustainable and non-hazardous adhesives, which are expected to provide lucrative opportunities for market participants. Also, increased government spending on new and existing projects is expected to expand the adhesive market size and increase product demand.
Restraining Factors
The availability and development of alternative bonding and sealing technologies, such as mechanical fasteners and welding, have the potential to limit market growth.
Market Segmentation
The France adhesives market share is classified into technology and application
- The water-based segment is expected to hold the largest market share through the forecast period.
The France adhesives market is segmented by technology into water-based, solvent-based, hot melt, and others. Among these, the water-based segment is expected to hold the largest market share through the forecast period. Water-based technology is extremely versatile, providing advanced bonding for a wide range of applications across multiple industries. These are made from water, polymers, and additives and work well on both porous and non-porous surfaces. They can be applied as solutions and activated when the water evaporates or is absorbed by the substrate.
- The paper & packaging segment is expected to dominate the France adhesives market during the forecast period.
Based on the application, the France adhesives market is divided into paper & packaging, consumer & DIY, building & construction, furniture & woodworking, footwear & leather, automotive & transportation, medical, and others. Among these, the paper & packaging segment is expected to dominate the France adhesives market during the forecast period. The paper and packaging industry is increasingly reliant on adhesives for a variety of applications because they play an important role in ensuring the integrity, durability, and efficiency of products throughout the value chain. Adhesives are used in a variety of processes, from raw material manufacturing to the final assembly of paper and packaging products. These products are primarily used in the paper and packaging industry to produce corrugated cardboard and boxes.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the France adhesives market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- 3M
- Arkema Group
- AVERY DENNISON CORPORATION
- Bolton Adhesives
- Dow
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Huntsman International LLC
- MAPEI S.p.A.
- Sika AG
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France adhesives market based on the below-mentioned segments:
France Adhesives Market, By Technology
- Water Based
- Solvent Based
- Hot Melt
- Others
France Adhesives Market, By Application
- Paper & Packaging
- Consumer & DIY
- Building & Construction
- Furniture & Woodworking
- Footwear & Leather
- Automotive & Transportation
- Medical
- Others
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