Composite Adhesives Market Comprehensive Study with key drivers: 3M, Hexcel Corporation, Henkel, Sika, The Dow Chemical Company, LORD Corporation, Ashland, Bostik, Covestro, allnex, Solvay, Aditya Birla Group

According to a new research report by Global Market Insights, Inc. Composite Adhesives Market should surpass USD 2 billion by 2024.

Global composite adhesives industry share is fairly consolidated with participants including 3M, Henkel, Permabond, Sika AG, LORD Group, Bostik, SciGRIP and Covestro. Other key industry players include Hybond, Gurit, Huntsman, Argosy, Allnex, Solvay and ASI.

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Acrylic composite adhesives demand will witness significant gains at over 5% during forecast period. This growth in demand for acrylic based products can be ascribed to its increasing application scope in binding truck hoods, raised-roof assemblies and in automobiles to bond composites for roofs, doors, liftgates and hoods. Acrylics offer high bond strength on plastics, composites & metals and performs well even on oily surfaces at lower surface temperature than epoxies.

MMA composite adhesives market size should surpass USD 360 million by 2024 owing to its ardent demand in aerospace industry. Its fairly high tolerance to poor surface condition (such as oil contamination), high strength performance, greater freedom of material choice like metals, magnets, glass, wood and composite along with bondability with dissimilar materials as well as improved finish should drive product demand.

Composite adhesives industry size from dental application should grow at a rate of over 4% during forecast period. The combination of adhesive composite resin and acid-etched enamel affords the benefits of reducing or eliminating microleakage of the enamel margins along with reducing sensitivity, lowered discoloration of margins, lower rates of recurrent margins and improved retention of restoration.

North America, led by U.S. composite adhesives industry size, is anticipated to grow at a rate of about 4% during projected timeframe. Rising utilization of composite adhesives in medical devices, cascade for engine, leaf spring, machinery and welded tube application should drive industry growth. Growing demand for high-quality composite adhesive which offer superior properties should fuel regional product demand.

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Report Content

Chapter 1. Methodology and Scope

1.1. Research methodology
1.1.1. Methodology
1.1.2. Market Definitions
1.1.3. Market estimates & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
1.2.2.1. Paid sources
1.2.2.2. Public sources

Chapter 2. Executive Summary

2.1. Composite Adhesives market 3600 synopsis, 2017 –2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends

Chapter 3. Composite Adhesives Industry Insights

3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.1.1. Role
3.3.1.2. Product
3.3.1.3. Regional Presence
3.3.2. Distribution channel analysis
3.3.3. Profit margin analysis
3.4. Regulatory landscape
3.4.1. U.S.
3.4.2. Europe
3.4.3. China
3.5. Raw material analysis
3.6. Technology Landscape
3.7. Pricing analysis
3.7.1. North America
3.7.2. Europe
3.7.3. Asia Pacific
3.7.4. LATAM
3.7.5. Middle East & Africa
3.8. Cost Structure Analysis
3.8.1. Labor cost
3.8.2. Material cost
3.8.3. Consumables
3.8.4. Maintenance cost
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. Asia Pacific: Increasing application of composite adhesives in lightweight construction structures
3.9.1.2. North America: Design advantage of composites in aerospace & wind energy
3.9.1.3. North America: Stringent regulatory regimes regarding carbon emission & supportive policies of government for environment protection
3.9.1.4. Europe: Increasing usage of composites in passenger car production & OEM
3.9.2. Industry pitfalls & challenges
3.9.2.1. High cost & supply chain risk associated with composite materials
3.9.2.2. Shortfalls of adhesives over other bonding techniques
3.10. Innovation & sustainability
3.11. Growth potential analysis, 2016
3.11.1. Emerging business models
3.12. Porter's analysis
3.12.1. Buyer’s power
3.12.2. Supplier power
3.12.3. Threat of substitute
3.12.4. Threat of new entrants
3.12.5. Degree of competition
3.13. Competitive landscape, 2016
3.13.1. Strategic dashboard
3.14. PESTEL analysis

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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