Structural Adhesives Market Overviews
Structural Adhesives Market size was valued at USD 17.29 Bn. in 2023 and the total structural adhesives revenue is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 26.87 Bn.
Structural Adhesives are the glue that holds things together under pressure, designed for engineering applications in a variety of industries. They form strong long-lasting bonds that withstand force, vibration, and even harsh environments.
The structural adhesives market is experiencing significant growth driven by advancements in various industries such as aerospace, construction, automotive, and consumer electronics. Key drivers include the expansion of the aerospace sector, which demands lightweight and durable adhesives to enhance fuel efficiency and structural integrity. Water-based adhesives are the major segment in the structural adhesive market due to their eco-friendly nature, low VOC emissions, and safety benefits, accounting for Xx % of the market share in 2023. The construction industry also plays a pivotal role, utilizing structural adhesives for bonding diverse materials and components, contributing to Xx % of the market share.
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Structural Adhesives Market Scope and Methodology:
The expansion of the aerospace industry is significantly accelerating the growth and development of the structural adhesives market due to several key factors. Structural adhesives offer lightweight advantages that are critical to improving aircraft fuel efficiency and meet industry demands for better efficiency and lower emissions. These adhesives provide excellent bond strength and durability, which is important for maintaining the structural integrity of the advanced composite materials increasingly used in the modern aerospace industry.
Structural Adhesives Market Regional Insights
Asia- Pacific region has dominated the structural adhesives market, which held largest market share accounting for Xx % in 2023, the market size is expected to grow at highest CAGR during the forecasted period. This is due to the increasing demand for consumer electronics products, where structural adhesives are used as the main bonding material in electronic assemblies, conductive films and other components. To increase market share and profitability, market players are focusing on this region.
Structural AdhesivesMarket Segmentation
Based on the resin type, Structural Adhesives Market is segmented into Epoxy, Polyurethane, Acrylic, Cyanoacrylate, and Others. In 2023, the epoxy segment was the largest revenue generator and is expected to grow during the forecast period. Epoxy-based structural adhesives are versatile in nature, offering easy adhesion to a variety of substrates and excellent shear strength. These properties make epoxy-based structural adhesives suitable for permanent bonding.
Structural Adhesives Market Key Players
Henkel AG & Co KGaA
HB Fuller Company
DuPont
3M
Sika AG
Huntsman Corporation
Dow
Lord Corporation
Franklin International, Inc.
Scott Bader Co.
Arkema S.A.
Ashland Inc.
Ried B.V. Co.
Adhesive Enterprise Co.
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Key questions answered in the Structural Adhesives Market are:
- What is Structural Adhesives ?
- What was the Structural Adhesives market size in 2023?
- What is the growth rate of the Structural Adhesives Market?
- Which are the factors expected to drive the Structural Adhesives market growth?
- What are the different segments of the Structural Adhesives Market?
- What growth strategies are the players considering to increase their presence in Structural Adhesives ?
- What are the upcoming industry applications and trends for the Structural Adhesives Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Structural Adhesives Market?
- Who are the leading companies and what are their portfolios in Structural Adhesives Market?
- What segments are covered in the Structural Adhesives Market?
- Who are the key players 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 | 2024−2030
- 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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