Back Glue Market Outlook: 5 Critical Approaches to Gain Competitive Edge (2023–2033)
According to a research report published by Spherical Insights & Consulting, the Global Back Glue Market is growing, at a CAGR of 3.17% during the forecast period 2023-2033.
Back glue is a versatile adhesive used in various applications like bookbinding and phone back panels. The global back glue market is expanding ascribed to increased demand from end-use sectors like automobiles, buildings, and packaging. The increasing acceptance of 3D printing also drives the market, as adhesives are needed for attaching and assembling various elements. The market growth is driven by increased investment in research and development, as well as the use of high-quality materials like silicone, polysiloxane, filler, crosslinker, and tackifier. This growth is expected to continue in the back glue market. Automotive companies are prioritizing lightweight vehicles for fuel efficiency and pollution reduction, increasing demand for back glue in the car sector. Back-glue producers are investing in research and development to offer innovative solutions, contributing to the global back adhesive market expansion. However, back glue has been a major contributor to rising carbon emissions, which will impede market expansion.
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Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Back Glue Market Size, Share, and COVID-19 Impact Analysis, By Type (1 Component Paste BG, 1 Component Liquid BG, and 2 Component BG), By Application (Industrial, Retail, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
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The 1 component liquid BG segment is expected to drive the growth of the global back glue market during the projected timeframe.
Based on the type, the global back glue market is categorized as 1 component paste BG, 1 component liquid BG, and 2 component BG. Among these, the 1 component liquid BG segment is expected to drive the growth of the global back glue market during the projected timeframe. The 1-component liquid BG offers excellent performance and convenience, adhesion properties on various surfaces like fabrics, plastics, polymers, metals, and aluminum, making it a potential market expansion solution.
The retail segment is the largest share of the global back glue market throughout the projected timeframe.
Based on the application, the global back glue market is categorized as industrial, retail, and others. Among these, the retail segment is the largest share of the global back glue market throughout the projected timeframe. The global expansion of the back adhesives market is expected to be fueled by increasing demand from construction and automotive users, as well as product portfolio enhancements by market players.
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North America is expected to hold the largest share of the global back glue market over the estimated period.
North America is expected to hold the largest share of the global back glue market over the estimated period. The market is predicted to grow significantly ascribed to the widespread use of innovative technologies and the presence of major companies in the region, with strategic initiatives aimed at improving product portfolios and expanding worldwide reach.
Asia Pacific is expected to grow at the fastest CAGR growth of the global back glue market throughout the projected timeframe. The region’s growth is largely driven by the expanding automotive sector, driven by robust research and development facilities, and increased industrialization.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global back glue market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global back glue market are Saint Gobain Weber, Bostik, Oriental Yuhong, Sika, Yuchuan, Wasper, EasyPlas, Vibon, Doborn, Kaben, MAPEI, Henkel, BASF, DAVCO, Laticrete, Nippon Paint, Tammy, Lou Bang, Chen Guang, Intertronics, and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global back glue market based on the below-mentioned segments:
Global Back Glue Market, By Type
- 1 Component Paste BG
- 1 Component Liquid BG
- 2 Component BG
Global Back Glue Market, By Application
- Industrial
- Retail
- Others
Global Back Glue Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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