Lucintel's latest market report analyzed that polyvinyl acetate (PVA) in the speciality adhesive provides attractive opportunities in the light-weight panel, latex house paint, door, foil lamination, medical, solid wood laminations, and leathers markets. The polyvinyl acetate (PVA) in the speciality adhesive market is expected to reach $6.9 billion by 2028 with a CAGR of 5.5%. In this market, styrene butadiene rubber is the largest segment by product type, whereas light-weight panel is largest by application.

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Based on product type, the polyvinyl acetate (PVA) in the speciality adhesive market is segmented into styrene butadiene rubber, polyvinyl alcohol, dummy melamine formaldehyde resin, solvents, epoxy resins, acrylic resins and plastics, UV curable resins, and melamine formaldehyde resin. The styrene butadiene rubber segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as it delivers excellent adhesive properties at a relatively low cost and can bond well to a variety of surface, such as plastics, metals, and woods.

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The Polyvinyl Acetate (PVA) in the SpecialityAdhesive Market is marked by the presence of several big and small players. Some of the prominent players offering polyvinyl acetate (PVA) in the speciality adhesive include H.B.Fuller, 3M, Ashland Specialty Chemical, BASF, and The Dow Chemical.

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