Global Adhesive Equipment Market is segmented By Product (Adhesive controllers, Two-Part Volumetric Dispensing Meter Mix, Industrial hot melt equipment,Cold Glue Applicator Cold Glue Applicator, Adhesive Pumping Systems, Pneumatic Adhesive Applicator, Adhesive Application Guns, Others), By Mounting Type (Container mounted, Hand held, Robotic, Machine mounted, Rotary), By Adhesive (Epoxy, Acrylic, Polyurethane, Polyester, Fabric adhesives, Yellow Wood Glue, Spray adhesives, Super Glue, Hot glue, Others), By Operation Medium (Compressed Air, Electric), By Application Method (Bead, Dot, Flat Spray, Round Spray, Others), By Distribution Channel (Retail Store, Supermarket/Hypermarket (E-Commerce, Hardware Stores, Others)), By Application (Packaging & Lamination, Technical Textiles, Automotive, Healthcare, Building and Construction, Electronics, Industrial, Leather and Footwear, Woodworking, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Adhesive Equipment Market Overview
The Global Adhesive Equipment Market is expected to grow at a CAGR of 4.9% during the forecast period (2024-2031)
Adhesives are substances formed by the mixture of two or more liquid or semi-liquid materials joined permanently to surfaces with the help of certain equipment. The adhesive formation process involves several processes including bonding, dispensing melting and extracting. Thus to carry out such processes different types of adhesive equipment are used. The equipment includes an automated electric gun, adhesive controllers, two-part volumetric dispensing meter mix, industrial hot melt equipment and cold glue applicator.
Adhesive equipment is substantially used in end-user industries such as industrial machinery transportation & packaging, automotive, medical, consumer’s electronics, construction, crockery and glassware, consumer good and appliances.
Adhesive Equipment Market Summary
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Metrics |
Details |
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Market CAGR |
4.9% |
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Segments Covered |
By Product, By Mounting Type, By Adhesive, By Operation Medium, By Application Method, By Application and By Region |
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Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights. |
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Fastest Growing Region |
Asia Pacific |
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Largest Market Share |
North America |
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Adhesive Equipment Market Trends
The global adhesive equipment is driven by the rising consumption of adhesives by the emerging end-use industries such as construction, automotive, textiles, footwear, electronics, etc., around the globe. The market is driven by rising demand for the packaging industry, followed by government initiatives for industrial machinery and many other manufacturing industries.
Rising consumption of adhesives in construction, automotive, textiles, footwear, electronics, etc. around the globe
The market is driven by the surge in demand by the end-user industries such as construction, automotive, textiles, footwear, and electronics, with growing online shopping through e-commerce websites around the globe. Adhesive equipment such as applicators, thermal paste dispensers, glue containers, and automatic adhesive guns is substantially used in the textile industry for bonding fabrics together.
As the demand for textiles, leathers, footwear and apparel and clothing is growing at a rapid pace due to a surge in the Asia-Pacific population demand which drives the growth of the adhesive equipment market. For instance in Asia-Pacific, India is the second-largest producer of the textile industry products such as clothing, apparel. As per the India Brand Equity Foundation Organization in the first quarter of 2020, India’s total textiles and apparel export reached around US$ 22.95 billion and is projected to reach around US$ 82.00 billion by 2021. It created a huge demand for adhesive equipment in India.
Growing demand by the packaging industry with the surge in E-commerce sale of the consumer's goods have propelled the growth of the adhesive equipment market
Further growing demand by the packaging industry due to a surge in the sale of the consumer's goods through e-commerce sites have propelled the demand for portable adhesive equipment in the packaging industry. According to UNCTAD, the global e-commerce sale reached around US$ 29 trillion increased by 13% in 2017, this is primarily due to a surge in the number of online shoppers.
Rising Government favourable policies regarding bio-based adhesives development with the help of advanced technology may create lucrative opportunities for the growth of the adhesive equipment market
The increasing launching of bio-based adhesives by the leading manufacturers have created a huge opportunity for the growth of the adhesive equipment market. For instance, on 10th Sept 2020, Toyochem launched new biodegradable polyurethane adhesive materials for several industries where the use of biodegradable materials are preferred. For instance, as per the India Brand Equity Foundation Organization in 2019, the consumer electronics and appliances sale reached around US$ 10.93 billion and is projected to reach around US$ 21 billion by 2025 in India.
COVID-19 Impact Analysis on Adhesive Equipment Market Growth
The global adhesive equipment market has shown slight declination due to the COVID-19 pandemic, as several leading manufacturing industries were closed. Several countries have restricted production activities during the covid-19 pandemic. Further, the growth of textile & apparel was also declined due to low demand in June 2020.
However, the demand for adhesive equipment is slightly increased in August 2020, as several leading manufacturers started production. The leading manufacturers of the adhesive equipment have planned the investment for enhancing the production of the adhesive equipment due to growing demand. For instance, on 5th Feb 2020, Henkel opened a new adhesive manufacturing facility in Pune, India to meet the demands for high-performance solutions in adhesives, sealants and surface treatment products.
Adhesive Equipment Market Segmentation
The global adhesive equipment market is segmented based on product, type, adhesive type, application, distribution channel and region.
Rising demand for industrial hot melt equipment for the manufacturing facilities of consumers electronics and automotive components has boomed the Adhesive Equipment market
In terms of product, the global adhesive equipment market is bifurcated into adhesive controllers, two-part volumetric dispensing meter mix, industrial hot melt equipment, cold glue applicator, adhesive pumping systems, pneumatic adhesive applicator, adhesive application guns and others. Among these, industrial hot melt equipment has the highest market share in 2019, owing to the rising demand for adhesives in the manufacturing facilities of consumer electronics, automotive components etc.
Increasing manufacturing facilities of the electronics goods such as smartphones, laptops, tablets, etc in developing countries have propelled the demand for industrial hot melt equipment for the global adhesive equipment market. For instance, on 8th October 2020, Dixon Technologies electronics manufacturer based in India has planned to open the manufacturing facility for assembling mobile phones in Noida, Delhi, India with an investment of around US$ 10 million. It created a massive demand for the adhesive equipment required in this industry.
Similarly, adhesive controllers, two-part volumetric dispensing meter mix, industrial hot melt equipment, cold glue applicator, adhesive pumping systems, pneumatic adhesive applicator, adhesive application guns segments are also growing at a faster pace owing to rising demand by the logistic companies for bonding the goods. For instance, Logistics Business in the United States was valued at around US$ 1.6 trillion in 2018. it created a massive demand for adhesive equipment in this region.
Increasing automotive production with growing global vehicles sales have propelled the robotic adhesive equipment market
Based on mounting types, the global adhesive equipment market is divided into container mounted, handheld, robotic, machine mounted, and rotary testliner. Among these, the robotic segment has the highest share in 2019, owing to increasing the demand by the industrial sectors of automotive, consumer electronics with growing automation in the industry as well as a surge in automobile production. For instance as per the International Organization of Motor Vehicle Manufacturers, globally the passenger vehicle production reached 67149196 units. It created a massive demand for the robotics segment.
Similarly, container mounted, handheld, machine mounted, and rotary testliner segments are also growing at a faster pace owing to the launching of the compact size equipment by the leading players. For instance 23rd et 2019, Glue Dots International launched P-s adhesive equipment for double-sided foam tape or hot melt for point-of-purchase (POP) display assembly which increased output from 192 to 450 pieces/hr.
The hot glue segment has the highest market share owing to rising demand by the manufacturing industries
Depending upon the adhesive type, the global adhesive equipment is bifurcated into epoxy, acrylic, polyurethane, polyester, fabric adhesives, yellow wood glue, spray adhesives, super glue, hot glue and others. Among this hot glue is most commonly used and accounted for the highest market share owing to a surge in the demand by the manufacturing and packaging industry.
Depending upon the operation medium, the global adhesive equipment market is divided into electric and compressed air. Among these, the compressed air segment has the highest market share owing to a surge in the adoption by the manufacturing industries.
Increasing partnerships among the companies of adhesive equipment manufacturers have propelled the bead segmental growth
Depending upon the application method the global adhesive equipment is divided into the bead, dot, flat spray, round spray and others. Among these, the bead application method has the highest market share owing to the surge in the demand by the automotive, semiconductor, and electronics applications with growing partnerships and acquisitions among the leading manufacturing companies.
For instance, on 21st Nov 2019 Perceptron, Inca leading global provider of automated metrology solutions, and coordinate measuring machines has made a partnership with new Coherix Inc., Coherix develops and manufactures high speed, high definition 3D machine vision solutions for semiconductor, electronics, and automotive applications. Coherix is well also manufactured highly engineered glues called structural adhesives machines for automotive manufacturers.
Depending upon the distribution channel, the global adhesive equipment is divided into 12.2. Retail Store and Supermarket/Hypermarket. Among these Supermarket/hypermarkets has the highest market share owing to a surge in sales through e-commerce websites with the surge in digitalization around the globe. Further supermarket/hypermarket is divided into e-commerce, hardware stores and others.
Growing packaging demand by the manufacturing facilities, the logistic sector has propelled the adhesive equipment market
Based on the application, the global packaging & lamination, technical textiles, automotive, healthcare, building and construction, electronics, industrial, leather and footwear, woodworking and others. Among this packaging & lamination sector has the highest market share in 2019, this is primarily due to increasing the global sale of the consumers electronics, rising food and beverages demand with the surge in the global population. For instance, as per the Scientific Research Publishing Organization report in 2019, the global logistics sector was valued at around US$ 4 trillion which propelled the demand for the adhesive equipment market over the study period.
Global Adhesive Equipment Market Geographical Share
Asia-Pacific region holds the largest market share global Adhesive Equipment market
Asia-Pacific region is dominating the global Adhesive Equipment market accounted for the largest market share in 2019, due to the presence of the manufacturing companies, growing industrialization, and rising population demand of the adhesive equipment by the manufacturing industries of textile, apparel, automotive in this region followed by North America and Europe. As per the International Institute for Sustainable Development Organization in 2017, the Asia-Pacific region accounted for the highest share in the textiles and apparel sector representing 61% and 37.1% of the global market. Similarly, North America is also growing at the fastest speed owing to the presence of the leading manufacturing companies with the presence of the advanced technology adhesive equipment manufacturer.
Adhesive Equipment Companies and Competitive Landscape
The adhesive equipment market is moderately competitive with the presence of local as well as global companies. some of the key players which are contributing to the growth of the market include Henkel, Hernon Manufacturing Inc., ITW Dynatech, 3M, Dispensing Limited, Nordson Corporation, Valco Melton, Adhesive & Equipment, Robatech, Dymax Corporation and among others.
The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the Adhesive Equipment market globally. For instance, on 15th April 2020, Meridian Adhesives Group (Meridian) completed the acquisition of the adhesives division of John P. Kummer GmbH, AG and Ltd (JPK). JPK is a leading European distributor of speciality products for the electronic and medical markets.
Further on 14th June 2016, Atlas Copco, a leading provider of sustainable productivity solutions, has acquired a Swedish supplier of dispensing equipment Bondtech, for supplying adhesives and sealants used by automotive manufacturers.
Henkel
Overview: Henkel is a German multinational provider of chemical and Consumer Goods Company founded in 1876 and headquartered in Düsseldorf, Germany. The Company is active both in the consumer and industrial sectors.
Product Portfolio: The company has a diverse product portfolio of Adhesive Equipment includes Adhesive Technologies, Beauty Care, and Laundry and Home Care. Adhesive Equipment Products includes:
- Teroson Et Statmixer Small: Equipment – Dispensing and mixing nozzle, bayonet coupling. Static Mixer Small is a static mixer with a bayonet coupling for 2-component cartridges (2 x 25 ml). Static mixer for twin cartridges (2 x 25 ml).
- Teroson et staku handgun: Equipment – Dispensing tool, handgun, easy to use, easy to maintain and clean, suitable for aluminium and plastic cartridges. Teroson et staku handgun is a dispenser with a piston rod. It is a durable piece of equipment that is easy to handle, maintain and clean. The handgun is suitable for aluminium and plastic cartridges. It dispenses standard material from cartridges with standard beads.
- Features: Durable equipment, dispenses standard material from cartridges for standard beads, easy to handle, easy to maintain and clean and no run-on
Key Development:
On 22nd May 2019, Henkel Adhesives Technologies India Pvt Ltd, has opened its first LOCTITE equipment centre, in Coimbatore, India. This centre has been designed for providing first-hand experience of Henkel’s capabilities in dispensing solutions and automation technologies. Further, on 6th Feb 2020, Henkel invested around US$ 55 Million for the establishment of new manufacturing facility od new adhesives in India.
