Adhesive Dispensing Equipment Market is valued at USD 7792.5 Million in 2021 and is expected to reach USD 12760.8 Million by 2028 with a CAGR of 7.3% over the forecast period.
The rise in urbanization has led to the Growth of Constructions and Infrastructure Activities which are the key factors driving the growth of the Adhesive Dispensing Equipment Market.
An adhesive dispensing device is used to put on attachment media and to mix, meter and distribute bonding agent. An adhesive agent is a substance that is used to connect two or more items together. Some of the examples of adhesive dispensing equipment are putties, glues, silicones, resins, cement, and pastes. The adhesive dispensing equipment is available in different types, with multiple configurations and functionalities. They are used for potting, sealing, and bonding processes and are also used to produce seals. The two main modifications for adhesive dispensing equipment are automated and manual dispensers. When using the adhesive dispensing equipment, the key components need to be taken care of i.e. dispensing rate, cavity/container size, media viscosity, curing time and temperature, metering accuracy, and the volumetric quantity which can be dispensed in one cycle.
The adhesive thickness is referred to as viscosity whereas adhesive hardens is due to the mode of cure. The adhesive dispensing equipment is the device that distributes the essential quantity of bonding agent on the application area. These systems are largely used in the markets such as packaging, institutional and industrial, electronics, automotive, medical, and construction. The adhesive dispensing equipment market is largely driven by increasing demand for dispensing equipment and systems in emerging countries like China, Brazil, South Africa, and India. The continuous change in the lifestyle coupled with rising disposable income are main reasons for the increasing growth and highly influencing the adhesive dispensing equipment market in the base and are expected to be the same in the forecast years. Additionally, adhesive dispensing equipment is very accurate and convenient for various applications as compared to traditional equipment, hence, propelling the market growth for adhesive dispensing equipment.
Adhesive dispensing equipment market report is segmented on the basis of product type, modality, end-user, and region & country level. Based upon product type, the adhesive dispensing equipment market is classified into Power-Driven, Manual Driven, Continuous Dispensing, Multiple Dispensing, Foot Control, Spray System, Suck Back Control, and Programmable Microprocessor. On the basis of modality, the market is classified into Handheld, Machine Mounted, Robotic, Rotary, and Container Mounted. On the basis of end-user, the market is classified into Electronics, Construction, Automotive, Packaging, Industrial, Lamination, Leather & Footwear, Woodworking, Transportation, Geotextile, and others.
The regions covered in this adhesive dispensing equipment market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the market of Adhesive Dispensing Equipment is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Some of the market participants in the manufacturing of adhesive dispensing equipment are,
The adhesive dispensing equipment is more flexible and offers high speed with respect to the manual technique which is used for applying adhesive to the manufacturing process, which results in cost and time-saving in the processing line. The market is likely to observe robust growth coupled with a growing demand for finished high-quality goods. Moreover, the increasing demand and need for packaged foods, drinks, and products in metropolitan areas have boosted the growth of the adhesive dispensing equipment market.
Additionally, in emerging countries like China, South Africa, Mexico, and India, the rise in urbanization has led to the growth of construction and infrastructure activities which result in an upsurge of demand for electronic gadgets, automobiles, woodworking and furniture projects, medical disposable products, and home construction, etc. Such rapid development has claimed to propel the adhesive dispensing equipment market to achieve a faster pace in trading and production in the forecast years. Also, the demand surge for precision and accuracy coupled with a growing practice need for vastly organized adhesive dispensing equipment is considered to upsurge the growth of the market.
Geographically, the adhesive dispensing equipment market report is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Based on the geography, the Asia-Pacific adhesive dispensing market is expected to be leading the market followed by the European regions. In terms of growth, Asia-Pacific is the major consumer and producer mainly observed in countries like China and India where growth is expected to witness significant growth in the forecast years.
Europe region is mainly known for producing high-performance automobiles due to which the region is likely to show significant market share for the adhesive dispensing equipment market. North America is expected to show moderate growth as compared to developing regions for the adhesive dispensing equipment market.
|Historical data||2015 - 2020|
|Forecast Period||2021 - 2028|
|Market Size in 2022:||USD 7792.5 Million|
|Base year considered||2020|
|Forecast Period CAGR %:||7.3 %|
|Market Size Expected in 2029:||USD 12760.8 Million|
|Tables, Charts & Figures:||175|
|Key Players/Companies||Ashby Cross Company, Valco Melton, Nordson Sealant Equipment, Henkel Adhesives Technologies India, Glue Machinery Corporation, Kirkco Corporation, EXACT DISPENSING SYSTEMS, Adhesive Systems Technology Corporation, Hernon Equipment, Dymax Corporation|
|Segments Covered||By Product Type, By Modality, By End-User|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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