Product Code: ETC235226 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Plastic Adhesives Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 6.35% in 2025 and reaches 8.06% by 2029.
By 2027, Malaysia's Plastic Adhesives market is forecasted to achieve a growing growth rate of 7.18%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The Malaysia plastic adhesives market is poised for growth in the coming years. This sector is primarily driven by the expanding manufacturing and construction industries, both of which rely heavily on adhesives for bonding various plastic materials. The increasing demand for lightweight and durable plastic products in automotive, electronics, and packaging sectors further boosts the market. Moreover, environmental concerns are pushing manufacturers towards eco-friendly and low-VOC adhesive solutions. The market is expected to witness innovation and a shift towards sustainable adhesive formulations in response to these trends.
The plastic adhesives market in Malaysia is poised for growth due to several drivers. The increasing adoption of plastics in various industries, such as automotive and packaging, is boosting the demand for specialized plastic adhesives. Additionally, the shift towards lightweight materials and the need for strong, durable bonds are driving the use of plastic adhesives in manufacturing processes. This market is likely to see expansion as industries continue to innovate and prioritize efficient bonding solutions for plastic materials.
The plastic adhesives market in Malaysia faces challenges related to the diversity of plastics used in various industries. Different plastics require specific adhesive formulations, and manufacturers must continually innovate to develop adhesives that can bond effectively with new types of plastics. Moreover, environmental concerns and regulations around the use of hazardous chemicals in adhesives drive the need for more eco-friendly and low-VOC adhesive solutions, which can be technically challenging to develop while maintaining performance.
The plastic adhesives market in Malaysia has experienced significant fluctuations due to the COVID-19 pandemic. Initially, the market faced challenges as lockdowns and restrictions disrupted supply chains and manufacturing operations. The reduced economic activity led to decreased demand for plastic adhesives across various industries. Many businesses were cautious about investments and expansion plans, affecting the market`s growth trajectory. However, as the situation improved and the government implemented measures to support businesses, such as stimulus packages, the market began to recover.
The top players in the Malaysia plastic adhesives market are Henkel Malaysia, 3M Malaysia, Sika Malaysia, and H.B. Fuller Malaysia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Plastic Adhesives Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Plastic Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Plastic Adhesives Market - Industry Life Cycle |
3.4 Malaysia Plastic Adhesives Market - Porter's Five Forces |
3.5 Malaysia Plastic Adhesives Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Malaysia Plastic Adhesives Market Revenues & Volume Share, By Substrate, 2021 & 2031F |
3.7 Malaysia Plastic Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Malaysia Plastic Adhesives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries |
4.2.2 Growth in the automotive and construction sectors in Malaysia |
4.2.3 Advancements in adhesive technologies leading to improved product performance |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations regarding the use of certain chemicals in adhesives |
4.3.3 Competition from alternative bonding methods like mechanical fastening or welding |
5 Malaysia Plastic Adhesives Market Trends |
6 Malaysia Plastic Adhesives Market, By Types |
6.1 Malaysia Plastic Adhesives Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Plastic Adhesives Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Malaysia Plastic Adhesives Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Malaysia Plastic Adhesives Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.5 Malaysia Plastic Adhesives Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.6 Malaysia Plastic Adhesives Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.7 Malaysia Plastic Adhesives Market Revenues & Volume, By MMA, 2021-2031F |
6.1.8 Malaysia Plastic Adhesives Market Revenues & Volume, By Cyanoacrylate, 2021-2031F |
6.2 Malaysia Plastic Adhesives Market, By Substrate |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Plastic Adhesives Market Revenues & Volume, By PE, 2021-2031F |
6.2.3 Malaysia Plastic Adhesives Market Revenues & Volume, By PP, 2021-2031F |
6.2.4 Malaysia Plastic Adhesives Market Revenues & Volume, By PVC, 2021-2031F |
6.2.5 Malaysia Plastic Adhesives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Malaysia Plastic Adhesives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Plastic Adhesives Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Malaysia Plastic Adhesives Market Revenues & Volume, By Building & Costruction, 2021-2031F |
6.3.4 Malaysia Plastic Adhesives Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Malaysia Plastic Adhesives Market Revenues & Volume, By Assembly, 2021-2031F |
6.3.6 Malaysia Plastic Adhesives Market Revenues & Volume, By Medical, 2021-2031F |
6.3.7 Malaysia Plastic Adhesives Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Plastic Adhesives Market Import-Export Trade Statistics |
7.1 Malaysia Plastic Adhesives Market Export to Major Countries |
7.2 Malaysia Plastic Adhesives Market Imports from Major Countries |
8 Malaysia Plastic Adhesives Market Key Performance Indicators |
8.1 Research and development investment in new adhesive formulations |
8.2 Adoption rate of eco-friendly or sustainable plastic adhesives |
8.3 Number of partnerships or collaborations with key industry players for market expansion |
9 Malaysia Plastic Adhesives Market - Opportunity Assessment |
9.1 Malaysia Plastic Adhesives Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Malaysia Plastic Adhesives Market Opportunity Assessment, By Substrate, 2021 & 2031F |
9.3 Malaysia Plastic Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Malaysia Plastic Adhesives Market - Competitive Landscape |
10.1 Malaysia Plastic Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Plastic Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |