Asia Pacific Adhesive Equipment Market - Forecasts from 2018 to 2023
Asia-Pacific adhesive equipment market is projected to witness a compound annual growth rate of 5.56% during the forecast period, reaching a total market size of US$19.585 billion in 2023 from US$14.941 billion in 2017. Rising economic growth in emerging APAC economies is leading to the growth of various end-use sectors such as packaging and construction which, in turn, boosts the demand for adhesive equipment in the region. Booming automotive and consumer electronics markets in countries such as China and India further propel the growth of APAC adhesive equipment market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Asia-Pacific adhesive equipment value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are 3M, Nordson Corporation, Henkel Adhesive Technologies, Hernon Manufacturing Inc., Robatech AG Group, H.B. Fuller Company, and Graco Inc.
Pneumatic Adhesive Applicators
Industrial Hot Melt Applicators
Cold Glue Applicators
Adhesive Pump Systems
Adhesive Pattern Controllers
By Application Method
By End Use Industry