Updated on : March 1, 2023

Browse 114 market data Tables and 56 Figures spread through 187 Pages and in-depth TOC on “Bookbinding Adhesives Market by Technology (Emulsion based, Hot melt), Chemistry (PVA, VAE, EVA, PUR), and Applications (Hardcover and Softcover Books, Magazines and Catalogs, Print on Demand), and Region – Global Forecast”

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Bookbinding adhesives Market Dynamics

• Driver: Increase in demand for physical books
• Restraint: Availability of online resources for educational purpose
• Challenge: Volatility in raw material prices

Opportunity: Technological advancement

Players including Henkel AG (Germany), H.B. Fuller Company (US), Arkema (France), and Dow Chemical Company (US) have adopted several growth strategies between 2018 and 2022 (June) to expand their global presence and increase their market shares. New product launches/developments, mergers & acquisitions, investments & expansions, partnerships & agreements, and joint ventures & collaborations were the strategies adopted by these players to achieve growth in bookbinding adhesive market.

Henkel AG Henkel operates worldwide with leading innovations, brands, and technologies in three business areas: adhesive technologies, beauty care, and laundry & home care. The adhesive technologies business segment manufactures and distributes decoration and renovation products for packaged & consumer goods, home & office, building adhesives, and industrial infrastructure. Under the dynamic economic conditions due to the pandemic, the organic sales performance of the segment improved in 2021 significantly compared to 2020.

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H.B. Fuller Company H.B. Fuller Company formulates, manufactures, and markets adhesives and other specialty chemical products globally. The company operates through five segments, namely, Americas adhesives, construction products, EIMEA (Europe, India, Middle East, and Africa), engineering adhesives, and Asia-Pacific. Its product line finds application in packaging, converting, nonwoven, and hygiene sectors. The company has 48 manufacturing plants, of which 21 are in the US, while the remaining 27 are in 18 other countries worldwide.

In terms of value, global bookbinding adhesive market size was USD 1.8 Billion in 2021 and is projected to grow at a CAGR of 2.2% during the forecast period to reach USD 2.1 Billion by 2027. Increasing publication business and customized printing & binding business in developing countries. Increasing adoption for hot melt adhesive for excellent finish across various applications such as hardcover& softcover books, and magazines & catalogs business is driving the bookbinding adhesive market.

The consumption trend of bookbinding adhesives depends on growth across various applications, such as hardcover & softcover books, magazines & catalogs, and print on demand. The demand for bookbinding adhesives is mainly increasing due to its rising applications in the print on demand, magazines & catalogs, and hardcover & softcover books.

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Based on technology, Emulsion based is projected to be the largest technology type during the forecast period. Manufacturers are investing in R&D activities to broaden their product portfolio to cater to the consumer market. The growing demand for bookbinding adhesives is also encouraging global players to increase their business share and revenue.

Based on applications, the hardcover & softcover books segment is estimated to account for the largest share of the market during the forecast period. Bookbinding adhesives are majorly used in hardcover & softcover books, magazines & catalogs, and print on demand.

Various factors, including environmental regulations & policies against the use of VOCs, increasing public awareness regarding the harmful effects of other binding materials, and rising demand for various applications are factors offering growth opportunities for the market.

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