Solvent Borne adhesives are good options for both porous and non-porous surfaces & provide secure adhesion once the liquid dries only the bonding agent behind that frequently gives high performances, particularly on plastics where the solvents soften or dissolve the surface layers. According to BlueQuark Research and Consulting, the Solvent Borne Adhesive market is expected to witness a significant growth rate during the forecasted period. Factors like increasing demand from the footwear industry are expected to drive the Solvent Borne Adhesive market in the forecasted period. Further, the aging population, driven by increasing life expectancy, fuels the demand for medical devices, ultimately increasing the need for adhesives are expected to drive the Solvent Borne Adhesive market in the forecasted period. Furthermore, the growing automobile and construction applications in several regions all across the globe are boosting the requirement for Solvent Borne Adhesive in the forecasted period. However, the increasing global demand for chemicals and the capacity constraints in the supply of these primary chemicals and resin feedstock have fueled the increase in raw material prices, which are expected to hinder the Solvent Borne Adhesive market in the forecasted period.

Solvent Borne Adhesive is frequently used across the packaging, tapes & medical industries, and it is also used in many automotive, food packaging & graphics industries.

The footwear industry uses solvent-borne adhesives to produce flexible joints, insole bonding, edge folding, etc., and extensively uses solvent-borne adhesives to make loose joints, edge folding, insole bonding, etc. Solvent-borne adhesives enable rapid bonding processes and are utilized for a wide range of assembly operations. The Solvent Borne Adhesive is applied with a brush or roller on the surface of the rubber sole & upper fabric before stitching, which increases the strength & durability of shoe soles. Solvent Borne Adhesive is used in the application of sports shoes & leather shoes for bonding the flat soles of running shoes & leather shoes, edge folding, & shoes' upper bonding, among others. It makes Solvent Borne adhesives extremely attractive to footwear manufacturers properties like excellent bond strength, resistance to temperature & weather conditions provided by these adhesives are essential requirements for the footwear segment. Adhesive with good strength and other physical properties, like water resistance, has become indispensable footwear. Growing demand for more comfort, new models, & lifestyle trends is spurring the demand for Solvent Borne Adhesive in this market segment.

The Asia Pacific consider the most significant consumption in the global Solvent Borne Adhesive market due to the growing domestic demand and the easy availability of resources. The primary factor driving the growth of the worldwide Solvent Borne Adhesive market is the rapidly widening scope of Solvent Borne Adhesive due to their unique appeal & shear strength. The outbreak of the Covid-19 pandemic all across the globe has given ample thrust to the growth of the medical devices & healthcare sector. There is an immense need for medical devices, including syringe pump oxygen concentrators, pulse oxymeters, & ventilators. The aging population, driven by surging life expectancy, fuels the demand for medical devices. Emerging economies are increasingly reporting on the consumption of healthcare products and services, including medical devices and related procedures, due to rising economic prosperity, growing medical awareness, and surging aging populations. The continuous surge in expenditure on healthcare globally has boosted the sales of medical devices, thereby propelling the growth of medical device companies based in the US. The several applications of Solvent-borne adhesives in the production of car seats, fixing cables in the roof liner, bond door sill protectors, emblems, anchor plates, and other plastic parts are predicted to create the need for solvent-borne adhesives with the growth of the automotive sector. Furthermore, the electronics & telecommunications sector is also growing, with the increase in IT services in almost all industries throughout the country. The market for various electronics, such as laptops and computers, has been experiencing a boom. With an increase in the use of consumer electronics, the demand for solvent-borne adhesives, which are utilized for coating and bonding requirements, is awaited to rise gradually in the country. Solvent Borne Adhesives are used in building and construction for woodworking, furniture, windowsills, or door jambs. Every year, there is a need to renovate homes which means that this market has a steady demand. Solvent Borne Adhesives are suitable for producing high-quality glossy lamination & specialty coated papers, uncoated fine paper grades, specialty bleached papers, and recycle boards. These adhesive systems find side usage in packaging applications like carton boxes & coordinating mediums, sacks& bags, etc. Solvent Borne Adhesive is used in electrical & electronics applications to mount components as it provides a solid mechanical bond through adhesion to both plastics & metals. It can also offer long–term reliability under – high-temperature conditions. These trends have generated high quality and technically demanding Solvent-based laminating adhesives as per government initiative about eco-friendly adhesives. Solvent-based laminating adhesives are utilized in a variety of packaging applications. These include food, healthcare, and other industries, owing to their high bonding performance and anti-contaminant factors, and it offers huge benefits over other methods, such as high bond strength, lower emission, lesser cure time, and lower wastage. Such benefits are witness to fuel the Solvent-based laminating adhesives market. Solvent-based lamination adhesives are complete adhesive coverage across the film, bonding a combination of films, foils, paper, and many such multilayers, proving the high standard of performance and versatility. Proper solvent compliance is the best bonding solution for food packaging, consumers, food-grade adhesives, and superior end products. 

Some market's key players are 3M, ALFA International, Arkema Group, Ashland Global, Avery Dennison Corporation, Henkel, and H.B. Fuller.

In May 2021, Innovative Chemical Products (ICP Group) had agreed to acquire Choice Adhesives, a manufacturer of custom adhesive solutions for various industries.

In November 2020, Pidilite Industries, an Indian adhesives manufacturing company, acquired Huntsman Corporation.

Global Solvent Borne Adhesive Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Solvent Borne Adhesive Market by segmenting based on Product Type (Chloroprene Rubber, Poly Acrylate, SBC Resin Adhesives, Others), End-User Industries (Footwear, Medical, Building & Construction, Woodworking, Paper, Board & Packaging, Electrical & Electronics, Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.