Product Code: ETC235227 | 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 Singapore Plastic Adhesives Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 4.15% in 2025, the market peaks at 4.27% in 2026, and settles at 3.35% by 2029.
The Plastic Adhesives market in Singapore is projected to grow at a stable growth rate of 4.26% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Singapore plastic adhesives market is poised for steady growth due to its application in various industries, including automotive, electronics, packaging, and construction. Plastic adhesives are essential for joining and bonding plastic components, offering advantages in terms of lightweight design and cost efficiency. The market`s outlook is influenced by factors such as technological advancements in adhesive formulations, environmental concerns, and demand from end-use sectors. Manufacturers and suppliers may focus on developing high-performance, environmentally friendly plastic adhesives to cater to evolving market demands.
The Singapore Plastic Adhesives market is primarily driven by the booming construction and automotive industries, which rely on plastic adhesives for bonding, sealing, and joining plastic components. The country`s strong emphasis on sustainable building practices and lightweight materials further boosts the demand for advanced plastic adhesives. Additionally, the electronics sector`s growth, which requires adhesives for various applications, contributes to the market`s expansion.
The Singapore plastic adhesives market faces several challenges, primarily driven by environmental concerns and regulatory changes. As global awareness of plastic pollution grows, there is increasing pressure on manufacturers to develop environmentally friendly adhesive solutions. Stricter regulations on the use of certain chemicals in adhesives can impact product formulations and require costly adjustments. Additionally, competition within the industry is intense, with a constant need for innovation to meet evolving customer demands for stronger, more durable, and sustainable adhesive solutions. Managing supply chain disruptions, such as fluctuations in raw material prices and availability, is also a significant challenge in this market.
The plastic adhesives market in Singapore experienced disruptions in the supply chain, impacting production and delivery schedules. The pandemic`s impact on various industries, including manufacturing and construction, influenced the demand for plastic adhesives. Companies in this market had to adapt to changing market dynamics and ensure the safety of their workforce to navigate the crisis successfully.
Leading players in the Singapore plastic adhesives market include multinational adhesive manufacturers like Henkel, 3M, H.B. Fuller, and local companies such as Adhesive Technologies. These companies provide a wide range of adhesive solutions for the plastics industry, catering to diverse applications.
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 Singapore Plastic Adhesives Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Plastic Adhesives Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Plastic Adhesives Market - Industry Life Cycle |
3.4 Singapore Plastic Adhesives Market - Porter's Five Forces |
3.5 Singapore Plastic Adhesives Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Singapore Plastic Adhesives Market Revenues & Volume Share, By Substrate, 2021 & 2031F |
3.7 Singapore Plastic Adhesives Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore 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 Growing adoption of plastic adhesives in automotive and construction sectors |
4.2.3 Technological advancements leading to the development of high-performance plastic adhesives |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations regarding the use of certain chemicals in adhesive formulations |
4.3.3 Competition from alternative bonding methods such as mechanical fastening or welding |
5 Singapore Plastic Adhesives Market Trends |
6 Singapore Plastic Adhesives Market, By Types |
6.1 Singapore Plastic Adhesives Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Plastic Adhesives Market Revenues & Volume, By Resin Type, 2021-2031F |
6.1.3 Singapore Plastic Adhesives Market Revenues & Volume, By Epoxy, 2021-2031F |
6.1.4 Singapore Plastic Adhesives Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.5 Singapore Plastic Adhesives Market Revenues & Volume, By Acrylic, 2021-2031F |
6.1.6 Singapore Plastic Adhesives Market Revenues & Volume, By Silicone, 2021-2031F |
6.1.7 Singapore Plastic Adhesives Market Revenues & Volume, By MMA, 2021-2031F |
6.1.8 Singapore Plastic Adhesives Market Revenues & Volume, By Cyanoacrylate, 2021-2031F |
6.2 Singapore Plastic Adhesives Market, By Substrate |
6.2.1 Overview and Analysis |
6.2.2 Singapore Plastic Adhesives Market Revenues & Volume, By PE, 2021-2031F |
6.2.3 Singapore Plastic Adhesives Market Revenues & Volume, By PP, 2021-2031F |
6.2.4 Singapore Plastic Adhesives Market Revenues & Volume, By PVC, 2021-2031F |
6.2.5 Singapore Plastic Adhesives Market Revenues & Volume, By Others, 2021-2031F |
6.3 Singapore Plastic Adhesives Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Plastic Adhesives Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Singapore Plastic Adhesives Market Revenues & Volume, By Building & Costruction, 2021-2031F |
6.3.4 Singapore Plastic Adhesives Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Singapore Plastic Adhesives Market Revenues & Volume, By Assembly, 2021-2031F |
6.3.6 Singapore Plastic Adhesives Market Revenues & Volume, By Medical, 2021-2031F |
6.3.7 Singapore Plastic Adhesives Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore Plastic Adhesives Market Import-Export Trade Statistics |
7.1 Singapore Plastic Adhesives Market Export to Major Countries |
7.2 Singapore Plastic Adhesives Market Imports from Major Countries |
8 Singapore Plastic Adhesives Market Key Performance Indicators |
8.1 Research and Development (RD) investment in new adhesive technologies |
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 Singapore Plastic Adhesives Market - Opportunity Assessment |
9.1 Singapore Plastic Adhesives Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Singapore Plastic Adhesives Market Opportunity Assessment, By Substrate, 2021 & 2031F |
9.3 Singapore Plastic Adhesives Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Plastic Adhesives Market - Competitive Landscape |
10.1 Singapore Plastic Adhesives Market Revenue Share, By Companies, 2024 |
10.2 Singapore Plastic Adhesives Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |