Structural adhesives provide strength and a durable bond with wide applications, mainly in construction, automotive, aerospace, and marine and wind energy.
Structural adhesives market will witness growth owing to its unique ability to offer exceptional bond strength and fast curing speed for dissimilar and similar substrates in the automobile industry. The product is formulated to lower the vehicle weight and improve the safety & performance. Product manufacturers make special performance products for automobile applications, used for interior and exterior applications of vehicles such as deck lid flanges, hoods, interior dashboards, doors, and roof panels. Increasing per capita income and improved living standards amongst youth in emerging economies has propelled the automobile market since the economic downturn. Increasing awareness about fuel economy and light weight vehicles will bolster the overall structural adhesives market.
Another important driving factor for structural adhesives market is its extensive usage for bonding helicopter and aircraft’s components, and airframes. It provides high quality finish for crucial aircraft fabrication applications such as for engine components to curtail vibrations, edge, and core filling materials for reinforcement on structural components and primary substrates, and honeycomb sandwich panels bonding for rigid interior panels and to reduce weight. Increasing disposable income, global tourism trend, and reduced air fares due to competition among air liners has led to affordable air travelling that will drive the aerospace industry throughout the forecast spell. With the advent of modern warfare technologies, increasing military expenditure to build heavily equipped, highly maneuverable, and lethal fighter planes will also positively influence the global structural adhesives market in the near future.
Asia Pacific was the largest regional market and accounted for 45.0% of total consumption in 2017. Major structural adhesive consumers in the region include China and India which together accounted for most of the regional market volume in 2017.
The global Structural Adhesives market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Structural Adhesives volume and value at global level, regional level and company level. From a global perspective, this report represents overall Structural Adhesives market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Structural Adhesives in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Structural Adhesives manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
HENKEL
ASHLAND
SIKA
ARKEMA
3M
DOW CHEMICAL COMPANY
LORD CORPORATION
ILLINOIS TOOL WORKS
SCOTT BADER
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Epoxy
Polyurethane
Acrylic
Methyl Methacrylate
Cyanoacrylate
Segment by Application
Wind Energy
Marine
Rail
Aerospace
Summary:
Get latest Market Research Reports on Structural Adhesives. Industry analysis & Market Report on Structural Adhesives is a syndicated market report, published as Global Structural Adhesives Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Structural Adhesives market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.