Structural Adhesives Market size was valued at USD 16.97 Bn. in 2022 and the total Structural Adhesives Market revenue is expected to grow at 6.7 % from 2022 to 2029, reaching nearly USD 26.71 Bn.
Structural Adhesives Market Overview
The total global market for the Structural Adhesives Market was valued at USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029. The report delivered by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning.
Structural Adhesives Market Report Scope and Research Methodology
The report gives a detailed analysis of the market and contains meaningful insights, facts, historical data and statistically supported and industry-validated market statistics on Structural Adhesives. The report covers the Structural Adhesives market share and rival sector and an analysis of the major vendors and leading regions. The report also provides the Structural Adhesives market’s present size, growth rates, and company profiles of the top players and producers. An in-depth analysis of the regional environment is involved, along with information on the potential, important growth indicators, geographical challenges, and threats facing the market. The segment-wise analysis is divided into and
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The bottom-up approach was used to estimate the Structural Adhesives market size. The key players in the market are identified through primary and secondary research based on indicators including market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures. The report presented the PORTER, SWOT and PESTLE five force analysis with the potential impact of micro-economic factors of the Structural Adhesives market. SWOT analysis is used to identify the threats and weaknesses of the market. PORTER is used to employ the competitive intensity of the industry in the Structural Adhesives market.
Structural Adhesives Market Regional Insights
The analysis of the regions is conducted at a local and country level. The Regional Analysis provides the Structural Adhesives market status of various countries included in the report. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Structural Adhesives market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Structural Adhesives Market Segmentation
by Product
Urethanes
Epoxy
Acrylic
Cyanoacrylic
Others
Based on Product, Urethanes segment is expected to grow at the highest CAGR during the forecast period. Products made of urethane have several uses in the construction and automotive industries for plastic bonding. Numerous end-use sectors are experiencing a constant growth in the need for plastics. Plastics Europe reports that manufacturing increased from 64.5 million tonnes in 2020 to 68.4 million tonnes in 2022.
by Technology
Water-based
Solvent-based
Others
Based on Technology, the Water-based segment is expected to grow at the highest CAGR during the forecast period. Water-based compounds have many bonding applications in leather, wood, paper, and textiles and are inexpensive and eco-friendly. During the forecast year, the volume of products based on solvents is expected to increase at a CAGR of 6.7%. It is expected that the growing demand to reduce volatile organic compound (VOC) emissions during manufacturing hamper the market growth for these items.
by Application
Transportation
Construction
Consumer Appliances
Furniture
Others
Based on Application, the Transportation segment is expected to grow at the highest CAGR during the forecast period. The rise of the shipbuilding, automobile, and aerospace industries is expected to result in profitable growth for transportation applications. Automobile manufacturers may find it easier to assemble vehicles if they use adhesives instead of fasteners. Additionally, fewer fasteners may enable vehicle weight to be reduced, which will increase fuel efficiency.
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Structural Adhesives Market Key Players
1. 3M (US)
2. Huntsman International LLC (US)
3. Illinois Tool Works Inc. (US)
4. Arkema S.A. (France)
5. Bostik, Inc (US)
6. Permabond LLC. (US)
7. L&L Products (US)
8. Master Bond Inc (US)
9. Uniseal, Inc (US)
10.Dymax Corporation (US)
11.Hernon Manufacturing Inc.(US)
12.Parson Adhesives, Inc.(US)
13.Lord Corporation (US)
14.Dupont (US)
15.H.B. Fuller(US)
16.Acralock(US)
17.RS Industrial (US)
18.Hubei Huitian New Materials Co., Ltd.(China)
19.Scott Bader Company Ltd. (UK)
20.Bondloc (UK)
21.Forgeway Ltd (UK)
22.Delo Industrie Klebstoffe GmbH & Co. KGAA (Germany)
23.Weicon GmbH & Co. Kg (Germany)
24.Panacol-Elosol GmbH (Germany)
25.Henkel AG & Co. KGAA (Germany)
26.Riëd B.V. (Netherlands)
27.Sika AG (Switzerland)
28.Mapei S.P.A (Italy)
Key questions answered in the Structural Adhesives Market are:
- What is Structural Adhesives?
- What are the global trends in the Structural Adhesives Market?
- What was the Structural Adhesives market size in 2022?
- Which trends are expected to generate additional revenue for the Structural Adhesives market growth?
- What recent industry trends have been implemented to generate additional revenue streams for the Structural Adhesives Market?
- How is the intervention from regulatory authority shaping the Structural Adhesives Market?
- What growth strategies are the players considering to increase their presence in the Structural Adhesives Market?
- Who held the largest market share in the Structural Adhesives Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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