Adhesive Dispensing Equipment Market: Introduction
The practice of application of adhesives for the controlled dispensation by manual or power driven equipment is gaining popularity in all industries around the world. The adhesive dispensing equipment market is projected to witness substantial growth over the forecast period owing to its affordable cost and reduced wastage of adhesives. The adhesive dispensing equipment market offers a varied range of equipment and systems provided with different configuration that include media viscosity, dispense rate, shot size, or volumetric quantity.
Also, the customization provided by the manufacturer as per end user requirements may accelerate the yield of the adhesive dispensing equipment market along with the noteworthy monetary gain over the forecast period. Major growth is observed in the building and construction, geotextile and automotive sectors as adhesive dispensing equipment aid to quicken the bonding, sealing, coating and many other jobs that reduce the resource surplus and manual labour work.
Adhesive Dispensing Equipment Market: Drivers and Opportunities
Compared to the manual method of applying adhesive, the adhesive dispensing equipment offer flexibility to the manufacturing process with relatively high speed, which result in time and cost saving in the processing line. The adhesive dispensing equipment market is expected to witness sturdy growth with the rising demand for high quality finished goods.
The increasing need for packaged products and foods and drinks in urban areas has fuelled the demand for the adhesive dispensing equipment, which is expected to gain significant opportunities in near future. Also, in developing countries such as India and China, the increasing rate of urbanization has led to rise in infrastructure and construction activities that result in upsurge in demand for automobiles, electronic gadgets, furniture and woodworking projects, home construction, medical disposable products and many others. Such rapid development claims to drive the adhesive dispensing equipment market in order to achieve a faster pace in the production and trading in coming years.
Also, the surge in demand for accuracy and precision along with need for practicing the highly configured adhesive dispensing equipment are to be considered to boost the market growth in electronic application to increase the productivity of electronic assembly, shielding, molding and summarizing a varied range of products under electronic and electrical component manufacturing over the forecast period.
Adhesive Dispensing Equipment Market: Segmentation
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Adhesive Dispensing Equipment Market: Region Wise Outlook
Based on the geography, the adhesive dispensing market is expected to be dominated by Asia Pacific region followed by the European nations. Being the major producer and the consumer in terms of rate of development, Asia Pacific region that includes India and China are expected to witness significant market growth over the forecast period.
European nation is highly recognized for the manufacturing of high performance automobile, the region is projected to account for significant share in adhesive dispensing equipment market over the forecast period. Whereas, North America is expected to witness moderate growth for adhesive dispensing equipment market as compared to developing countries in near future.
Adhesive Dispensing Equipment Market: Market Participants
Some of the market participants in the manufacturing of adhesive dispensing equipment are listed below:
- Valco Melton
- Henkel Adhesives Technologies India
- Nordson SEALANT EQUIPMENT
- Glue Machinery Corporation
- HERNON EQUIPMEN
- Adhesive Dispensing Ltd.
- KIRKCO CORPORATION
- EXACT DISPENSING SYSTEMS
- Adhesive Systems Technology Corporation
- Dymax Corporation
- Ashby Cross Company