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Epoxy Adhesives Market is anticipated to hit $3.4 billion by 2028 at a CAGR of 3.48%.

05-08-2018 11:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IndustryARC

Epoxy Adhesives Market is anticipated to hit $3.4 billion by 2028

According to the new market research report by IndustryARC titled “Epoxy Adhesives Market By Type (Two-Component Epoxy Adhesive, One-Component Epoxy Adhesive and Others), By End-Users (Aviation & Aerospace, Automotive, Construction Industry, Marine, Wind Power, Electrical & Electronics and Others) and By Geography (2018-2028)”, the market is driven by the needs and requirements of the end users alongside innovations in materials and the collaborative efforts of the industry stakeholders to offer products with enhanced functionalities.

Americas holds major market share in Epoxy Adhesives Market

Americas continues to hold major market share for Epoxy Adhesives Market and is projected to reach 1.24 billion by 2028 at a CAGR of 4.96%. Continuing growth of Mexican automobile manufacturing propels the demand for epoxy adhesives in this region. U.S. dominates the Americas market with high scale of production and construction activities, followed by Canada. The key end-users in the American region are Aviation & Aerospace, Automotive, Construction Industry, Marine, Railways, and Sports Equipment Industry, among others.

Selected Impact Analysis done in the full report

Rise in the residential building & construction activities

Epoxy Adhesives are high-performance adhesives used to make laminated woods for decks, walls, roofs and other building applications, as well as in other products that require strong bonds for a variety of substrates such as concrete or wood.

These Epoxy Adhesives are manufactured from various materials such as polymides, glycol ethers, aliphatic amines, bisphenol, and additives which are produced by various market players.

Rising government spending on public infrastructure and commercial buildings is likely to drive the demand for epoxy adhesives in construction applications such as window panels, roofing, and wall coverings.

Growing demand from the Automotive Industry

Epoxy adhesives possess exceptional chemical and heat resistance, excellent adhesion and water resistance as well as satisfactory mechanical and electrical insulating properties.

Epoxy adhesives provide high strength and temperature resistance which enhance the rigidity and reduce noise of automotive components such as turbines and blades.

Epoxy adhesives used in automotive applications can provide better adhesion between distinct substrates such as steel and plastics. These composites are used in doors, window glass attachments, brakes and clutch plates and so on.

Growing demand for passenger cars in developing countries such as China and India, is expected to impact the epoxy adhesives market growth.
Increasing manufacturing activities

Epoxy adhesives are used in a wide branch of industry sectors, from manufacturing structures in the aviation industry to the manufacture of hangers, sleeves for tools, fiber reinforced plastics, binding of the blades of wind turbines. The epoxy adhesives market demand is also rising as they are used in electrical conductors applied in microelectronics, as well as the thermal conductors.

Moreover, advancements and growing investments into the R&D department also owes to new patent registrations.

To purchase or browse the table of contents of the report follow the link below: https://industryarc.com/Report/15529/epoxy-adhesives-market.html

Excerpts on Market Growth Factors

Epoxy adhesives provide high strength and temperature resistance which enhance the rigidity and reduce noise of automotive components such as turbines and blades.

Growing demand for passenger cars in developing countries such as China and India, is expected to impact the epoxy adhesives market growth.

The elements driving the Epoxy Adhesives Market include technological advancements in medical grades, temperature resistant adhesives, use of radiation curing and 100% cross linking adhesives, with increased applications in packaging and electronics. However, stringent administrative regulations and requirement guidelines outlined by the FDA for adhesives to be used in packaging applications, act as a barrier for further growth

The growing demand for epoxy adhesives is mainly attributed to the rising demand for high durability adhesive products in construction industry coupled with large utilization of metal and wood in buildings.

Furthermore, the growing manufacturing activities and penetration of robotics and automation into industrial manufacturing is also boosting the market across the globe.

The market in Europe continues to be the key growth area due to its consumption and increasing end-user needs, along with the demand for epoxy adhesives in different industries.

The exploration of new formulations, coupled with advancements in structural adhesive technologies is likely to provide major opportunities for the growth of epoxy adhesives market across the globe.

The extensive use of epoxy adhesives in the rapidly growing construction industry is also considered as a growth opportunity for the epoxy adhesives market in countries such as India and China, exhibiting rapidly growing population.

Talk to one of our sales representative about the full report by providing your details in the below link:
https://industryarc.com/support.php?id=15529

Key players of Epoxy Adhesives Market:

Henkel and BASF SE are amongst the key players in the Epoxy Adhesives Market Henkel occupies the major share in the market, while BASF follows in the global market.

BASF will build a new specialty amines plant at its existing wholly owned site in Nanjing Chemical Industry Park in China. This investment will help BASF to meet the increasing Asia Pacific demand for specialty amines, used as intermediates in a diverse range of industries and applications, such as epoxy formulations, crop protection agents, spandex and biocides.

The market for epoxy adhesive is moderately fragmented and none of the leading global players hold major share.

The market in Europe continues to be the key growth area due to its consumption and also increasing end-user needs and demand for epoxy adhesives in different industries. In APAC, China and India will remain the most attractive markets in the next decade.

Epoxy Adhesives Market Report is segmented as indicated below.
Epoxy Adhesives Market By Product Type:
1.Two-component Epoxy Adhesive (Epoxy 2C)
2.One-component Epoxy Adhesive (Epoxy 1C)
3.Others

Epoxy Adhesive Market by End-Users
1.Aviation & Aerospace
2.Automotive
3.Construction Industry
4.Marine
5.Railways
6.Wind Power Industry
7.Sports Equipment Industry
8.Electrical & Electronics
9.Others

Epoxy Adhesive Market by Geography (Covers 13+ Countries)

Epoxy Adhesives Market by Entropy

Companies Cited/Referenced/Interviewed:
1.3M Company
2.Ashland Global Holdings Inc
3.Permabond Engineering Adhesives Ltd
4.Huntsman International LLC
5.The DoW Chemical Company
6.Sika AG
7.Arkema Group
8.Adhesives Technology Corporation
9.Company 9
10.Company 10+
Related Reports
A.Aerospace Adhesives & Sealants Market
https://industryarc.com/Report/16496/aerospace-adhesives-sealants-market.html
B.Industrial Adhesives Market
https://industryarc.com/Report/16490/industrial-adhesives-market.html
What can you expect from the report?
The Epoxy Adhesives Market Report is Prepared with the Main Agenda to Cover the following 20 points:
1.Market Size by Product Categories
2.Market trends
3.Manufacturer Landscape
4.Distributor Landscape
5.Pricing Analysis
6.Top 10 End user Analysis
7.Product Benchmarking
8.Product Developments
9.Mergers & Acquisition Analysis
10.Patent Analysis
11.Demand Analysis (By Revenue & Volume)
12.Country level Analysis (15+)
13.Competitor Analysis
14.Market Shares Analysis
15.Value Chain Analysis
16.Supply Chain Analysis
17.Strategic Analysis
18.Current & Future Market Landscape Analysis
19.Opportunity Analysis
20.Revenue and Volume Analysis

FAQ:

Does IndustryARC publish country, geography or application based reports in Epoxy Adhesives?
Yes, we do have separate reports as mentioned below:
1.Americas Market for Epoxy Adhesives (2018-2028)
2.Europe Market for Epoxy Adhesives (2018-2028)
3.APAC Market for Epoxy Adhesives (2018-2028)
4.Rest of the World Market for Epoxy Adhesives (2018-2028)
5.Two-Component Market for Epoxy Adhesive (2018-2028)
6.One-Component Market for Epoxy Adhesive (2018-2028)
7.Aviation & Aerospace Market for Epoxy Adhesives (2018-2028)
8.Automotive Market for Epoxy Adhesives (2018-2028)
9.Construction Market for Epoxy Adhesives (2018-2028)
10.Marine Market for Epoxy Adhesives (2018-2028)
11.Railways Market for Epoxy Adhesives (2018-2028)
12.Wind Power Market for Epoxy Adhesives (2018-2028)
13.Sports Market for Epoxy Adhesives (2018-2028)
14.Electrical & Electronics Market for Epoxy Adhesives (2018-2028)

Does IndustryARC customize these reports and charge additionally for limited customization?
Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:
1.Increase the level of data in application or end user industry.
2.Increase the number of countries in geography chapter.
3.Find out market shares for other smaller companies or companies which are of interest to you.
4.Company profiles can be requested based on your interest.
5.Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to sales@industryarc.com to discuss more about our consulting services.

To request for a proposal provide your details in the below link:
https://industryarc.com/subscription.php

About IndustryARC:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications in a Market. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business.

We look forward to support the client to be able to better address their customer needs, stay ahead in the market, become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Mr. Venkat Reddy
Sales Manager
Email 1: sales@industryarc.com
Or Email 2: venkat@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)

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