To meet the growing demand for adhesive applications in the B2B woodworking sector, H.B. Fuller has signed a distribution agreement with Jubilant Agri and Consumer Products LimitedJACPL, a 100% subsidiary of Jubilant Industries Limited.
Henkel today broke ground on a new manufacturing facility of its Adhesive Technologies business unit within the Yantai Chemical Industry Park in Shandong Province, China. With an investment of approximately 120 million Euros (RMB 870 million), the new plant, titled the Chinese name ‘Kunpeng’, will enhance Henkel's production capacity of high-impact
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 992
Published Date: Aug 29, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Surge in e-commerce, emerging markets, and customer preference for customizable are some of the factors assisting in the market’s growth.
The market size of Footwear Adhesives is anticipated to attain a CAGR of 10.9% over the forecast period, i.e., 2023 – 2035.
The major players in the market are Jubilant Industries Ltd, Chadha Corporation Pvt. Ltd, Eastman Chemical Company, Chemical Technology Pty Ltd, Great Eastern Resins Industrial Co. Ltd., Bostik Ltd., Artecola QuÃmica., KECK Chimie, 3M, Aica Kogyo Co. Ltd, and others.
The water-based footwear Adhesives segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.