Southeast Asia Plastic Adhesives Market Outlook and Forecast 2024-2030

The Southeast Asia Plastic Adhesives market size was valued at US$ 1.15 billion in 2024 and is projected to reach US$ 1.62 billion by 2030, at a CAGR of 5.9% during the forecast period 2024-2030.

Plastic adhesives are specialized bonding agents designed to join plastic substrates or plastic to other materials, used across various industries including automotive, electronics, and packaging.

The Southeast Asia Plastic Adhesives market is experiencing robust growth, fueled by expanding manufacturing sectors and increasing use of plastics in various applications. In 2023, total consumption reached 380,000 metric tons, with Vietnam, Thailand, and Indonesia accounting for 70% of regional demand. The packaging sector is the largest consumer at 35%, followed by electronics at 30%. Cyanoacrylates dominate with a 40% market share. The market benefited from the growth in e-commerce, leading to a 18% rise in demand for plastic adhesives in flexible packaging in 2023. Two-component epoxy adhesives are growing at 7% annually, driven by high-performance requirements in automotive and aerospace applications. The trend towards lightweight vehicles resulted in a 22% increase in structural plastic adhesives adoption in the automotive sector in 2023. UV-curable plastic adhesives saw a 15% surge in demand, particularly in electronics assembly.

Report Includes

This report is an essential reference for who looks for detailed information on Southeast Asia Plastic Adhesives. The report covers data on Southeast Asia markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Southeast Asia major vendors¡¯ information. In addition to the data part, the report also provides overview of Plastic Adhesives, including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Southeast Asia Plastic Adhesives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plastic Adhesives. This report contains market size and forecasts of Plastic Adhesives in Southeast Asia, including the following market information:

We surveyed the Plastic Adhesives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    Thailand

•    Indonesia

•    Vietnam

•    Malaysia

•    Philippines

•    Singapore

•    Myanmar

by Products type:

•    Solvent Based

•    Water-Based

by Application:

•    Automotive

•    Building & Construction

•    Electronics

•    Footwear

•    Healthcare

•    Packaging

•    Others

key players include: 

•    Henkel AG & Co. KGaA

•    3M

•    H.B. Fuller

•    Sika AG

•    Avery Dennison Corporation

•    Pidilite Industries Limited

•    BASF SE

•    Dow Chemical Company

•    Huntsman Corporation

•    Ashland Inc.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Plastic Adhesives revenues in Southeast Asia market, 2019-2024 (Estimated), ($ millions)

•    Key companies Plastic Adhesives revenues share in Southeast Asia market, 2023 (%)

•    Key companies Plastic Adhesives sales in Southeast Asia market, 2019-2024 (Estimated),

•    Key companies Plastic Adhesives sales share in Southeast Asia market, 2023 (%)

Key Points of this Report:

•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis

•    The report covers Southeast Asia and country-wise market of Plastic Adhesives

•    It describes present situation, historical background and future forecast

•    Comprehensive data showing Plastic Adhesives capacities, production, consumption, trade statistics, and prices in the recent years are provided

•    The report indicates a wealth of information on Plastic Adhesives manufacturers

•    Plastic Adhesives forecast for next five years, including market volumes and prices is also provided

•    Raw Material Supply and Downstream Consumer Information is also included

•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:

•    Analyzing the outlook of the market with the recent trends and SWOT analysis

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects

•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment

•    Distribution Channel sales Analysis by Value

•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

•    1-year analyst support, along with the data support in excel format.

Table of Content:

1 Market Overview    

1.1 Product Overview and Scope of Plastic Adhesives 

1.2 Segment by Type    

1.2.1 Southeast Asia Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030    

1.2.2 Solvent Based    

1.2.3 Water-Based

1.3 Segment by Application  

1.3.1 Southeast Asia Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030    

1.3.2    Automotive

1.3.3    Building & Construction

1.3.4    Electronics

1.3.5    Footwear

1.3.6    Healthcare

1.3.7    Packaging

1.3.8    Others

1.4 Southeast Asia Market Growth Prospects    

1.4.1 Southeast Asia Revenue Estimates and Forecasts (2019-2030)    

1.4.2 Southeast Asia Production Estimates and Forecasts (2019-2030)  

2 Southeast Asia Growth Trends    

2.1 Industry Trends    

2.1.1 SWOT Analysis    

2.1.2 PESTEL Analysis    

2.1.3 Porter’s Five Forces Analysis 

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