Structural Adhesives - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Structural Adhesives Market is accounted for $13.11 billion in 2018 and is expected to reach $28.01 billion by 2027 growing at a CAGR of 8.8% during the forecast period. rising demand for structural adhesives in the aerospace industry and high demand for adhesives in building & construction and wind energy are some of the factors fuelling the market growth. However, stringent environmental regulations are restraining factors for the market.
A structural adhesive is an adhesive which hardens or cures into a material capable of holding two or more substrates together, bearing the forces involved for the lifetime of the product. It is often termed a load-bearing adhesive. The product may undergo shock, vibration, chemical exposure, temperature excursions or many other types of potentially weakening or destructive agents, and still be bonded. The substrates may be the same, or quite different, ranging from metals, plastics, glass, rubbers, ceramics or composites.
Based on Application, Composite segment is likely to have a huge demand due to the increasing use of composites to reduce weight and increase fuel efficiency in automobiles, rail, wind energy and marine in the near future.
By Geography, Asia Pacific is going to have a lucrative growth during the forecast period due to high population and economic growth and increased industrial in emerging countries are key growth factors for the region. China is projected to remain key consumer and producer in the region.
Some of the key players profiled in the Structural Adhesives market include Uniseal, Inc., Sika AG, Scott Bader Company Ltd., Permabond LLC., Parson Adhesives, Inc., Panacol-Elosol GmbH, Master Bond Inc., Lord Corporation, L&L Products, Illinois Tool Works Inc., Hubei Huitian New Materials Co., Ltd., Henkel AG & Co. KGAA, H.B. Fuller, Dupont (Dowdupont), Ashland, Arkema (Bostik), 3M, Riëd B.V., Mapei S.P.A and Huntsman International LLC.
• Single component
• Double component
Resin Types Covered:
• Polyurethane (PU)
• Methyl Methacrylate (MMA)
• Other Types
• Solvent-Based & Reactive
• Other Technologies
• Concrete & Tiles
• Other Substrates
• Other Forms
Distribution Channels Covered:
• Retail Stores
• Other Distribution Channels
• Wind Energy
• Water & sewer
• Consumer Appliances
• Building & Construction
• Aviation & aerospace
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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