The Epoxy Adhesives Global Market Report 2023 by The Business Research Company, provides epoxy adhesives market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032
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According to The Business Research Company’s Epoxy Adhesives Global Market Report 2023, the global epoxy adhesives market size grew from $7.97 billion in 2022 to $8.57 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of global epoxy adhesives is expected to grow to $10.89 billion in 2027 at a CAGR of 6.2%
The rising urbanization is expected to propel the growth of the epoxy adhesive market going forward. Urbanization is the process of more people moving into urban areas. Urbanization results in an increase in the population of cities and the size of urban regions are mostly caused by people moving from rural to urban areas. The rise in urbanization will lead to the growth of epoxy adhesives which are used in building and construction, automotive and transportation, marine, electrical, and electronics industries
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The epoxy adhesives market is segmented:
1) By Type: One Component, Two Component, Other Types
2) By Distribution Channel: Online, Offline
3) By End User: Building and Construction, Transportation, Marine, Automotive, Wind Energy, Electrical and Electronics, Other End Users
Technological innovation is the key trend gaining popularity in the epoxy adhesives market. Major companies operating in the epoxy adhesives market are focused on developing new and innovative products to sustain and strengthen their market position. For instance, in June 2022, Toyo-Morton Ltd., a Japan-based manufacturer of laminating adhesives launched a laminating adhesives portfolio with food-safe products that are free of epoxy silanes and organic tin compounds. Both the solvent-based TOMOFLEX and the solvent-free ECOAD family of laminating adhesives are part of the updated portfolio, and both are appropriate for a variety of applications for multilayer flexible packaging, including dry food, liquid pouches, and high-performance retorts. In multilayer flexible packaging constructions, epoxy silane is frequently used as an adhesion promoter to strengthen the bond between layers and lengthen the shelf life of the packaged goods
Top 5 Major Key Players Are:
3M Company
Ashland Inc
Bostik SA
H B Fuller Company
Henkel AG
Table Of Contents
1. Executive Summary
2. Epoxy Adhesives Market Characteristics
3. Epoxy Adhesives Market Trends And Strategies
4. Epoxy Adhesives Market – Macro Economic Scenario
5. Epoxy Adhesives Market Size And Growth
…….
26. Africa Epoxy Adhesives Market
27. Epoxy Adhesives Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Epoxy Adhesives Market
29. Epoxy Adhesives Market Future Outlook and Potential Analysis
30. Appendix
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