Grand View Research, Inc: Global Adhesive Equipment
Market, Market Size, Application Analysis, Regional
Outlook, Competitive Strategies And Forecasts, 2015 To
Industrialization in emerging markets of Latin America and Asia Pacific is
presumed to drive the global adhesive equipment market over the next seven years.
Owing to myriad adhesive usage across multiple industries, adhesive equipment
market is touted to experience a bright future. Industrial hot melt adhesive
equipment, adhesive controllers, cold glue applicator, pneumatic adhesive
applicator, adhesive pumping systems and adhesive application guns are few
equipment types that are widely used based on industrial requirements. Different
adhesive applications such as stenciling and syringing require different application
methods and equipments. Pressure sensitive products dominated the adhesive
equipment market, followed by packaging and construction.
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Robust demand from the end-use industries is expected to compliment the global
adhesive equipment over the forecast period. Stringent regulations from agencies
such as Environment Protection Agency (EPA) and Registration, Evaluation,
Authorization and Restriction of Chemicals (REACH) are touted to significantly
influence the global market. Such regulations have shifted the trend towards the
more environment friendly hot melt adhesive, thereby aiding the hot melt adhesive
equipment market in turn.
Rapidly changing customer preferences regarding adhesive properties leads to
constantly changing adhesive equipment specifications. Such a trend is cost
intensive and is anticipated to hamper the global market. Cost intensiveness is
slated to ward off the new entrants and hinder market development. R&D
initiatives to develop adhesive equipment with superior characteristics offer ample
opportunities for the industry participants. Strong economy and rapid
industrialization in the emerging regions such as Asia Pacific and Latin America
offer abundant opportunities for market development.
Asia Pacific dominated the adhesive equipment market followed by North America
and Europe. Emerging economies such as China, India and Japan dominated the
regional market owing to the brisk industry growth, especially in automobiles,
construction and packaging.
Prior to Asia Pacifics dominance, Europe led the global market until economic
recession dampened the growth rate in Europe and North America. However, these
regions are presumed to witness moderate growth in the near future. Central and
South America currently occupies a minor market share but is projected to
experience rapid growth rate over the forecast period owing to speedy end-use
Industry participants are forging alliances with an aim to diversify their product
portfolio and gain a foothold in the growing emerging markets. Technological
prowess, financial strength and R&D capabilities characterize the partnerships in
the industry. Key industry participants include Glue Machinery Corporation,
Henkel, Adhesive & Equipments Inc., Dymax, Gluefast, Nordson Sealant
Equipments, Valco Melton and Henline Adhesive Equipment Co.
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research reports,
and consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals, materials,
healthcare and energy.
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Grand View Research, Inc.
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