Repulpable Adhesives Market Size (2024 - 2030)

In 2023, the Global Repulpable Adhesives Market was valued at $258.5 million, and is projected to reach a market size of $326.67 million by 2030. Over the forecast period of 2024-2030, market is projected to grow at a CAGR of 3.5%.

Market Overview:

Adhesives play a major role in the future of the packaging industry. With the growing world population and increased standard of living, the need for adhesives is growing rapidly. Also, the alarming environmental concerns in the adhesives industry are pushing the major key players to look for sustainable alternatives to reduce the overall carbon burden. When paper undergoes recycling, it goes through a repulping process which turns waste paper material back into pulp that can further be then used to make new paper products. These repulpable adhesives are fully soluble in water and dissolve completely during paper repulping. This adhesive is majorly used for cardboard boxes, envelopes, and other paper products. Therefore, the need for such adhesives has reached a completely different level.

COVID-19 Impact on the Repulpable Adhesives Market:

Sustainability remains the topmost defining megatrend for the packaging industry post-COVID-19 pandemic. One of the major challenges in 2021 was to contract ample raw material supplies, as the global demand-supply chain was disrupted. With pre-pandemic production of raw materials back to normal, especially in Asia, the cost involved is anticipated to go down steeply. Also, adhesive manufacturers will continuously make iterative product improvements and optimize application processes to reduce the quantity of adhesive needed. Simultaneously, major players in the market are investing hefty amounts in R&D to focus on developing new ingredients that offer low to no carbon input costs while maintaining existing performance requirements. 

Market Drivers:

Increasing requirements for non-hazardous and sustainable adhesives is boosting the market growth:

The increased demand for environment-friendly adhesives to reduce waste material and greenhouse gas emissions and achieve a global Net Zero Target is driving people to shift towards more sustainable and renewable forms of adhesives. Thus, increasing the scope of the repulpable adhesives market globally.

Surging investments in the R&D of these products are fuelling the market size:

Private capital investment and spending on R&D and the approval and launch of new technologies have both increased remarkably in recent years, renewing a decades-long trend that was disrupted in 2008 as the 2007–2009 recession occurred. Particularly, spending on R&D elevated by nearly 65% between 2017 and 2020. More and more organizations are focussing on developing products that align with the larger interests of people. Therefore, increased competition and constant innovations in the industry are escalating the global repulpable adhesives market.

Market Restraints:

The frequent shifts in the rules and changing safety standard in the industry is slowing down the market growth size:

The strict rules and standards by the USEPA (the United States Environmental Protection Association), Europe’s REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals), Leadership in Energy and Environmental Design (LEED), and other authorities have impelled manufacturers to make eco-friendly adhesives, driving the market size.

REPULPABLE ADHESIVES MARKET REPORT COVERAGE:

This research report on the Repulpable Adhesives Market has been segmented and sub-segmented based on the Application, Region, and Companies.

Repulpable Adhesives Market – By Application.

• Cardboard boxes
• Envelope
• Others

Based on application, the Repulpable Adhesives Market has been segmented into 3 segments – Cardboard boxes, Envelope, and Others.

Repulpable Adhesives Market – By Region.

• North America
• Asia-Pacific
• Europe
• South America
• Middle-East and Africa

Based on region, the Repulpable Adhesives Market has been segmented into 5 major regions – North America, Asia-Pacific, Europe, South America, Middle-East, and Africa.

Asia-Pacific dominates the market and holds the largest repulpable adhesives market share globally, owing to the increasing land demand, growing income, and urbanization in the region. Surging investments in the R&D sector are also opening up lucrative opportunities for new entrants augmenting the market size.

Repulpable Adhesives Market – By Companies.

1. Henkel AG
2. H.B. Fuller
3. Sika AG
4. Arkema
5. 3M

The repulpable adhesives market is extremely fragmented and competitive with key players involved in R&D and constant technological innovation done by the vendors.