Global Structural Adhesives Market
Global Structural Adhesives Market size is projected to grow from US$ XX billion in 2019 to US$ XX billion by 2027, at a CAGR of XX%, during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Growth in infrastructure and growing government spending in construction and commercial buildings is expected to drive the demand for structural adhesive in the construction sector. Moreover, changing trends in furniture designs are expected to boost the demand further.
Construction industry based on application to be the fastest-growing industry in the global structural adhesives market. In the construction sector, structural adhesives are crucial, they are providing durability to materials that are architectural membranes, caulks, wires and cable, roofs, etc. Structural adhesives are required to provide weather ability and durability while remaining energy-efficient and aesthetically appealing.
Epoxy adhesives have a high demand in the structural adhesives market owing to their excellent chemical resistance, low shrinkage value, and lower quantities of volatile compound emissions during curing. Epoxy adhesives are used in an extensive range of end-use industries, especially in niche applications, where excellent bonding strength is required. These types of glues can be used to bond a variety of substrates, like metals, ceramics, and composites.
The North America region dominated the structural adhesives market share in 2018. The United States is one of the world’s largest consumers of structural adhesives. It is one of the most prospective markets. The demand for new homes in the United States has been increasing consistently over the past few years, owing to the growing population and rising consumer income in the country. Moreover, a highly developed motorized industry, comprising of various automotive giants like General Motors, Bombardier and Ford in Canada and the U.S. will also augment the structural adhesive demand.
The major companies are consuming their structural adhesives manufacturing facilities based out of the United States, hence, catering to the ready market available.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Structural Adhesives Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Structural Adhesives Market.
Scope of the Global Structural Adhesives Market
Global Structural Adhesives Market, By End-user Industry
• Construction
• Automotive
• Aerospace
• Wind Energy
• Other End-user Industries
Global Structural Adhesives Market, by Type
• Epoxy
• Acrylic
• Urethane
• Cyanoacrylate
• Others
Global Structural Adhesives Market, by Application
• Transpiration
• Construction
• Consumer Appliances
• Furniture
• Other
Global Structural Adhesives Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in the Global Structural Adhesives Market
• Henkel AG & Co. KGAA
• Sika AG
• 3M
• Dupont (Dowdupont)
• Huntsman International LLC.
• Illinois Tool Works Inc.
• Arkema (Bostik)
• H.B. Fuller
• Ashland
• Lord Corporation
• Mapei S.P.A
• Hubei Huitian New Materials Co., Ltd.
• Scott Bader Company Ltd.
• Permabond LLC.
• Scigrip
• L&L Products
• Master Bond Inc.
• Parson Adhesives, Inc.
• Delo Industrie Klebstoffe GmbH & Co. KGAA
• Dymax Corporation
• Hernon Manufacturing Inc.
• Weicon GmbH & Co. Kg
• Panacol-Elosol GmbH
• Uniseal, Inc.
• Riëd B.V.
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