Structural Adhesives Market by Resin (Epoxy, Polyurethane, Acrylic, Methyl Methacrylate, Cyanoacrylate), Substrate (Metals, Plastics, Wood, Composites), Application (Wind Energy, Marine, Rail, Aerospace), and Region - Global Forecast to 2022

Published: September 2017
No. of Pages: 180
    ReportsandReports

The structural adhesives market is projected to grow at a CAGR of 7.1% between 2017 and 2022

The structural adhesives market is projected to grow from an estimated USD 11.17 billion in 2017 to USD 15.72 billion by 2022, at a CAGR of 7.1% between 2017 and 2022. Growing demand from applications, such as building & construction, bus & truck, automotive, wind energy, marine, aerospace, rail, and others is expected to fuel the growth of the structural adhesives market. The driver for the structural adhesives market is the growing trend and demand for lightweight and low carbon emitting vehicles .Structural adhesives help automotive manufacturers enhance vehicle durability, lower the weight of the vehicle, and also lower carbon dioxide emissions, enabling cost savings. The growth of the structural adhesives market is affected by environmental regulations in the North American and European countries.

Among resins, the market for cyanoacrylate resin is projected to grow at the highest CAGR between 2017 and 2022

Among resins, the cyanoacrylate segment in the structural adhesives market is projected to grow at the highest CAGR during the forecast period. Structural adhesives based on the cyanoacrylate resin offer distinct advantages as these are one-part solvent-free adhesives that cure immediately at room temperature and offer high bonding strength. These therefore provide optimized and efficient bonding solutions for various substrates.

Among substrates, the market for composites substrate is projected to grow at the highest CAGR between 2017 and 2022

The composites substrate segment of the structural adhesives market is projected to grow at the highest CAGR during the forecast period, 2017 to 2022. The use of composites in different applications reduce weight and increase efficiency, as composite materials (fiber reinforced plastic and glass fiber reinforced plastic) are lighter than metals, concrete, and brick. These structural adhesives provide strong bonds, and high chemical and heat resistance.

The Asia Pacific structural adhesives market is projected to grow at the highest CAGR during the forecast period

Among regions, the Asia Pacific is expected to be the fastest-growing structural adhesives market. Growth is mainly attributed to booming economies such as China, India, and Taiwan, among other few smaller countries, such as Indonesia, and Vietnam. China is the leader in the market for structural adhesives in terms of demand in the Asia Pacific. India is a rapidly emergingnation in the market due to the growth in various applications in the use of structural adhesives.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted.

Breakup of primary interviews:

  • By Company Type - Tier 1–38%, Tier 2–32%, and Tier 3–30%
  • By Designation–C-level–33%, D-level–32%, and Others–35%
  • By Region - North America–28%, Europe–32%, AsiaPacific–30%, Middle East&Africa-6%, and South America-4%

Henkel AG & Co. KGaA (Germany), 3M Company (US), Sika AG (Switzerland), Huntsman International LLC (US), Illinois Tool Works Inc. (US), H.B. Fuller (US), Ashland (US), The Dow Chemical Company  (US), Bostik (France), and LORD Corporation (US) are the key players operating in the structural adhesives market.

Research Coverage

This report provides a detailed segmentation of the structural adhesives market on the basis of resin, substrate, application, and region. With respect to resin, the structural adhesives market has been segmented into epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others. On the basis of substrate, the market has been segmented into metals, plastics, wood, composites, and others. On the basis of application, the market has been segmented into building & construction, bus & truck, automotive, wind energy, marine, rail, aerospace, and others. On the basis of region, the market has been segmented into the Asia Pacific, Europe, North America, South America, and the Middle East & Africa.

Reasons to Buy the Report

From an insight perspective, this research report has focused on various levels of analyses—industry analysis (industry trends), market ranking of top players in the structural adhesives market, micro quadrants analysis, and company profiles. These insights together comprise and discuss the basic views on the competitive landscape, emerging and high-growth segments of the structural adhesives market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on structural adhesives offered by the top players in the structural adhesives market
  • Product Development/Innovations: Detailed insights on the upcoming technologies, research & development activities, and new product launches in the structural adhesives market
  • Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for structural adhesives across varied regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the structural adhesives market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the structural adhesives market

Published By: MarketsandMarkets
Product Code: MarketsandMarkets2671


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: