Structural Adhesives Market Overview:
The report covers the Structural Adhesives Market’s most recent revenue and market trends. It provides a market overview, definition, and structure, as well as preventative and pre-planned management. The report focuses on the factors that influence the Structural Adhesives Market, such as gross margin, cost, market share, capacity utilization, and supply. The report provides a market overview through common subjects that are highlighted with unique data based on the need. The overview aids in making decisions about how to approach the market and comprehending the industry’s backdrop.
Structural Adhesives Market size was valued at USD 15.9 Bn. in 2021 and the total Structural Adhesives Market revenue is expected to grow at 6.7 % from 2022 to 2029, reaching nearly USD 26.8 Bn.
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Structural Adhesives Market Scope:
The information and data provided in the report may be used by all stakeholders, students, consulting firms, research institutes, industry professionals, journalists, business researchers, etc. in the global Structural Adhesives Market. The report provides overall market insights for manufacturers, suppliers, distributors, and investors in the global Structural Adhesives Market. To provide users with comprehensive information, all of the main aspects and analytical market data are scientifically displayed in the form of graphs, tables, pie charts, and product statistics.
Segmentation Analysis:
Urethanes are predicted to experience the highest CAGR growth among all product categories during the projected period. The construction and automotive sectors employ urethane-based products extensively for plastic bonding. The need for plastics is continuously increasing across a wide range of end-use industries. 68.4 million tonnes were produced in 2021 compared to 64.5 million tonnes in 2020, according to Plastics Europe. The characteristics of cyanoacrylic products, such as low toxicity and rapid setting time, are anticipated to sustain the rising demand. These qualities enable their use in things such as consumer goods, industrial equipment, home appliances, and medical devices. The high production output of the aforementioned applications is anticipated to benefit the market.
The water-based category is anticipated to experience the highest CAGR growth during the projection period based on technology. Water-based chemicals are economical and environmentally friendly, and they have several uses for bonding leather, wood, paper, and textiles. The volume of products made from solvents is anticipated to grow at a CAGR of 6.7% over the course of the projected year. The market expansion for these products is anticipated to be hampered by the rising requirement to reduce volatile organic compound (VOC) emissions during manufacturing. Since VOC emissions also have a detrimental effect on human health, they are strictly regulated by the EPA and EU law. Together with other technologies, reactive technology use is increasing, which is beneficial for the market. Reactive materials produce a solid binding while offering resistance to heat, chemicals, and moisture.
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Key Competitors:
• 3M (US)
• Huntsman International LLC (US)
• Illinois Tool Works Inc. (US)
• Arkema S.A. (France)
• Bostik, Inc (US)
• Permabond LLC. (US)
• LL Products (US)
• Master Bond Inc (US)
• Uniseal, Inc (US)
• Dymax Corporation (US)
• Hernon Manufacturing Inc.(US)
• Parson Adhesives, Inc.(US)
• Lord Corporation (US)
• Dupont (US)
• H.B. Fuller (US)
• Acralock(US)
• RS Industrial (US)
• Hubei Huitian New Materials Co., Ltd.(China)
• Scott Bader Company Ltd. (UK)
• Bondloc (UK)
• Forgeway Ltd (UK)
• Delo Industrie Klebstoffe GmbH Co. KGAA (Germany)
• Weicon GmbH Co. Kg (Germany)
• Panacol-Elosol GmbH (Germany)
• Henkel AG Co. KGAA (Germany)
• Riëd B.V. (Netherlands)
• Sika AG (Switzerland)
• Mapei S.P.A (Italy)
The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Structural Adhesives Market to know the competition at both the domestic and global levels.
What's New for 2023?
• Global competitiveness and key competitor percentage market shares
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Regional Analysis:
The study delves into the Structural Adhesives Market in depth, segmenting it into regions. For the analysis, a review of the provincial Structural Adhesives Market involved with the objective market, as well as results related to the objective market, is provided.
- Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe(Turkey, Germany, Russia UK, Italy, France, etc.)
- North America(the United States, Mexico, and Canada.)
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Key Questions answered in the Structural Adhesives Market Report are:
- What is Structural Adhesives Market?
- What is the forecast period of the Structural Adhesives Market?
- What is the competitive scenario of the Structural Adhesives Market?
- Which region held the largest market share in the Structural Adhesives Market?
- What are the opportunities for the Structural Adhesives Market?
- What factors are affecting the Structural Adhesives Market growth?
- Who are the key players of the Structural Adhesives Market?
- Which company held the largest share in the Structural Adhesives Market?
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