Structural Adhesives Market 2013 - 2017 Opportunity Assessment, 2018 - 2028 : Henkel AG & Co. KGaA, Huntsman Corporation, and 3M Company

ResearchMoz presents Professional and In-depth Study of "Structural Adhesives Market: Large Area Panel Bonding & Other Automotive Applications Prominently Encourage Sales: Global Industry Analysis 2013 - 2017 and Opportunity Assessment, 2018 - 2028" with coming years Industries Trends, Projections of Global Growth, Major Key Player and Case Study, Review, Share, Size, Effect.
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– Automotive & Aerospace Sectors Register Substantial Demand for Structural Adhesives

Besides booming construction and infrastructure industries, stringent regulatory norms set for lightweight automotive components are identified to be driving the demand for structural adhesives worldwide. Increasing use of structural adhesives in aerospace applications for reduced weight and improved bonding will also remain among the key factors impacting the market performance through 2028. Surging volume sales in the wind energy generation industry are foreseen to continue generating demand for structural adhesives, specifically for bonding composites.
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– Polyurethane Adhesives Lead Owing to their Structural Properties & Increasing Applications

Being the toughest and most flexible structural adhesives, polyurethane-based adhesives are anticipated to exhibit substantial demand over the projection period. These adhesives are versatile and most economic, when compared to all other types of structural adhesives. With growing applications in the automotive industry, polyurethane-based adhesives will continue to experience significant demand, especially in large area panel bonding. Epoxy-based adhesives are witnessing high traction in structural bonding applications, and are likely to hold a significant revenue share in the global market for structural adhesives, following polyurethane. Cyanoacrylate adhesives are expected to witness a significant thrust in coming years, as depicted by recent research.

China Will Remain the Investors Hotspot due to Aggression among Key Contenders

Stiff competition between the key market players in China and North America will enable both the regions to continue their dominance in the global structural adhesives market, in terms of revenue share. European market will also be a key region through 2028, as indicated by the report. While bolstering growth of automotive and construction sectors is expected to drive growth of North America and Europe, the flourishing electronics sector is likely to fuel growth of Chinese market. China is believed to continue its lead as the top choice among investors. Some of the key players such as Sika AG, Henkel AG & Co. KGaA, Huntsman Corporation, and 3M Company have been concentrating on gaining an expanded value share through higher investment in China.

– Emerging Economies Represent Lucrative Markets

While China and North America are currently observed to be accounting for significant market value shares in the global structural adhesives market, the report spots developing economies such as MEA, SEAP, and Latin America as the high-potential regional markets, estimated to open new doors of opportunities for manufacturers in upcoming years. MEA has been recognized as a high-growth low-volume region expected to host multiple opportunities during the forecast period.
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Manufacturers are currently switching to the development of bio-based structural adhesives, which is said to be an influencing trend in the industry. Moreover, development of low temperature-cured, water-based variants of structural adhesives is an increasingly adopted trend among manufacturers. The development involving low curing time is also trending among leading companies, leading to innovations and growing demand. Rapid popularity of electric vehicles will also seemingly contribute to structural adhesive sales through 2028.

Continue.....18 Sep 18

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