“Solvent Borne Adhesives Market” report provides an in-depth research of market-based on various attributes such as company overview, financial overview, SWOT analysis, key business strategies, product portfolio, and recent developments. Solvent Borne Adhesives Market is comprehensively prepared with main focus on the competitive landscape, geographical growth, segmentation, and market dynamics, including drivers, restraints, and opportunities. It also analyzes the current and future prospect of Solvent Borne Adhesives Market.
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Key Insights of Solvent Borne Adhesives Market:
- Complete in-depth analysis of the Solvent Borne Adhesives
- Important changes in market dynamics.
- Segmentation analysis of the market.
- Emerging segments and regional markets.
- Historical, on-going, and projected market analysis based on volume and esteem.
- Assessment of niche industry players.
- Market share analysis.
- Key strategies of major players
Solvent Borne Adhesives Market Segmentation by Top Key Players:
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Scope of the Report:
Key Market Trends:
Increasing Demand for Chloroprene Rubber
– Contact adhesives, based on chloroprene, have several performance advantages over substitute adhesive systems, in a wide variety of related applications, where quick, permanent, and high-strength bonds are desired.
– About one-third of chloroprene produced is used as a raw material for adhesives. Excellent adhesive properties and formulating characteristics at competitive prices against other adhesive technologies have contributed to the dominance of chloroprene solvent-borne adhesives in various segments.
– A substantial advantage of chloroprene contact adhesives is auto adhesion, which results in an instantaneous bond. It can also be formulated to provide a long exposure time before the adhesive coated substrates are combined.
– The US shoe industry was the first major industry to adopt chloroprene contact adhesives on a large scale. Although this market has witnessed a decline over the past 20 years, the global shoe industry is still the major consumer of chloroprene adhesives, especially in Asia-Pacific.
– Due to environmental, health, and safety concerns, chloroprene adhesive compositions are being preferred over their organic counterparts. Emerging economies, such as China and India, are expected to dominate the chloroprene contact adhesive segment of the market studied, over the forecast period.
Asia-Pacific Region to Dominate the Market
– Asia-Pacific holds the maximum share and is expected to retain its share during the forecasted period, because of growing transportation and footwear industry in countries, like China, India & ASEAN economies.
– The willingness of various national governments of emerging countries in the region, to stimulate domestic activity amid trade tensions and the resurgence of investment are reassuring signals for domestic demand.
– The GDP of the Chinese and the Indian economy both are expected to grow more that 6% during the forecast period.
– All such aforementioned factors are expected to drive the market in the region during the study period.
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Solvent Borne Adhesives Market Covers Following Points in TOC:
- Chapter 1: Solvent Borne Adhesives Market Definition
- Chapter 2: Research Methodology of Solvent Borne Adhesives Market
- Chapter 3: Solvent Borne Adhesives Market Executive Summary
- Chapter 4: Solvent Borne Adhesives Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Solvent Borne Adhesives Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Solvent Borne Adhesives Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Solvent Borne Adhesives Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Solvent Borne Adhesives Market
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