Rising End User Industries Demand for Adhesives and Investment by Global Players to Drive Future Growth in Mature Market of Japan Adhesive Market: Ken Research

Surging Packaging and Construction Industry, Demand for Water Based Adhesives to Support Market Growth

Market for adhesives is expected to grow at a rapid rate in the next few years owing to continuous efforts of the government to stir demand will push the industry towards the stage of inclination. The market is predicted to grow at a CAGR of ~% from 2015-2020 and is projected to reach USD ~ billion by 2020. This industry is expected to find a growing demand from the industrial sector in the future on account of enhancing packaging, automobile and construction industry. Positive demand outlook from key end use industries including automotive and construction, is expected to be a key driving force for the market over the next six years. Tight raw material supply coupled with an unfavorable regulatory scenario for key export markets is expected to inhibit growth over the forecast period.

The Japan adhesive industry has witnessed a shift in demand towards environmentally friendly products as a result of rising environmental consciousness. This fuelled high investments in technological research and development and also led to formation of new companies offering environmentally friendly raw materials for the Japan adhesive industry.

Furthermore, Water-based adhesives dominated the technology landscape and accounted for ~% of total market revenue in 2014. Along with being the largest technology segment, water-based adhesive is also expected to be the fastest growing technology in Japan. With new upcoming innovating adhesives, investment by government on chemical sector would further lead to rise in market revenue with a focus on effective environmental friendly adhesives being produced.

According to the Analyst at Ken Research, “Japan’s domestic market may not grow rapidly in the coming years, since the market is already operating at its matured stage, but the market for Japanese companies is big and growing because larger proportion of the Japanese companies are being looking for overseas markets, in order to diversify the products sales”.

Focus on exports and product innovation, continuous efforts of the government to stir demand will push the industry towards the stage of inclination. High volatility in the prices of raw-materials for adhesives will act as major restraining factor for the growth of this industry in the future.- According to research report- Japan Adhesives Market Outlook to 2020 – Led by Rising Demand from Plywood and Construction Sector

The report provides detailed overview on the adhesives market and helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for adhesives manufacturers, wholesalers of adhesives, retail chains and new players and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.

Key Topics Covered in the Report:

Adhesives Market

• Market Size by Revenue
• Market Segmentation by
  • Industry Application (Plywood, Construction, Packaging, Transportation, Textile, Electric Machinery, Paper and Book Binding, Footwear)
  • End Users (Industrial and Consumer Adhesive)
  • Technology (Formaldehyde-Type, Pressure Sensitive Adhesives, Water Based, Reactive, Hot Melt, Solvent Based Adhesive)
  • Natural and Synthetic Adhesives
  • Structural, Non-Structural and Semi-Structural adhesives
• Trends and Development
• SWOT
• Export and Import
• Competition and Market Share
• Growth Drivers
• Future Outlook
• Macro Economic Parameters

Key Products Mentioned in the Report

Structural, Non-Structural and Semi-Structural adhesives, Natural and Synthetic Adhesives, Formaldehyde-Type, Pressure Sensitive Adhesives, Water Based, Reactive, Hot Melt, Solvent Based Adhesive, Locitite, Bonderite, 300RX Speed, Teroson MS 939, Scotch Weld Adhesives

Companies Covered in the Report

3M, Henkel Adhesive Technologies, H B Fuller, SIKA, Cemedinie Co Ltd, Yasuhara Chemical Co Ltd, Moresco Corporation, Nisin Chemicals

Related Reports:

Asia Pacific Adhesives Market Outlook to 2020– Driven by Rising Demand and Innovative Products

India Adhesives Market Outlook to FY’2020 – Rapid Industrialization and Government Support to Shape Future Growth

China Adhesives Market Outlook to 2020 – Rising Packaging Industry and Innovative Methods of Production to Drive Growth

South Korea Adhesives Market Outlook to 2020 – Rising Demand from Industrial Sector and Overseas Market to Foster Future Growth

Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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