Lucintel's latest market report analyzed that acrylic adhesives in the global specialty adhesive provides attractive opportunities in the packaging, building and construction, transportation, appliance, electrical and electronic, sporting good, and woodworking end use industries. The acrylic adhesives in the global specialty adhesive market is expected to reach $20.6 billion by 2028 with a CAGR of 5.5%. In this market, water based is the largest segment by technology, whereas packaging is largest by end use industry.

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Based on technology, the acrylic adhesives in the global specialty adhesive market is segmented into water based, solvent based, reactive, and others. The water based segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing demand in various applications including paper lamination, packaging, envelopes, textiles, furniture, and vehicles owing to its low-temperature flexibility and high-temperature resistance properties.

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The Acrylic Adhesives in the Global Specialty Adhesive Market is marked by the presence of several big and small players. Some of the prominent players offering acrylic adhesives in the global specialty adhesive include H.B. Fuller, Avery Dennison, Illinois Tool Works, Pidilite Industries, and Sika AG.

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