Press release
COMPOSITE ADHESIVES MARKET OUTLOOK, POTENTIAL GROWTH, INDUSTRY SHARE, DEMAND OVERVIEW, GLOBAL RESEARCH AND LEADING BUSINESS DEVELOPMENT 2018 TO 2023
Composite Adhesives Market Overview to 2023Growing popularity of composites in different end-use industries owing to its high strength to weight ratio, low cost, and easy fabrication is expected to be the key driver of the Global Composite Adhesives Market. For instance, over 50% constituents of an airplane are fabricated by composites such as rudder, engine cowlings, spoilers, airbrakes, and rear bulkhead elevators among other owing to its reduced weight and assembly simplification.
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Key Players
Some of the major players operating in the Global Composite Adhesives Market are Huntsman International LLC. (U.S.), Ashland. (U.S.), 3M (U.S.), Sika AG (Switzerland), ITW Engineered Polymers GmbH (Germany), Master Bond Inc (U.S.), Henkel AG & Co. KGaA (Germany), LORD Corporation (U.S.), Arkema SA (France), Permabond.com (U.S.), and H.B. Fuller Company. (U.S.).
Intended Audience
Composite adhesives manufacturers
Traders and distributors of composite adhesives
Research and development institutes
Potential investors
Raw material suppliers
Nationalized laboratory
Market Segmentation
The Global Composite Adhesives Market is segmented by component, Form, Product Type, End-Use Industry and Region.On the basis of the Component, the Global Composite Adhesives Market is segmented into one component and two component.On the basis of the Form, the Global Composite Adhesives Market is segmented into liquid, paste, film, and others.On the basis of the Product Type, the Global Composite Adhesives Market is segmented into the epoxy, acrylic, polyurethane, methyl methacrylate, polyimide, phenolic, cyanoacrylate, silicone, and others.On the basis of the End-User Industry, the Global Composite Adhesives Market is segmented into automotive & transportation, aerospace, healthcare, military & defense, electrical & electronics, wind energy, construction, marine, and others. On the basis of the Region, the Global Composite Adhesives Market is segmented into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa.
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Composite Adhesives are the substance applied to bind the composites to themselves and to numerous different substrates. They are available in different forms such as liquid, paste, and film. Adhesives are categorized into two types based on the number of components. Two-component adhesives are made up of resin and hardener and can be cured at room temperature or at elevated temperatures. One Component Adhesives are premixed and can be cured only at elevated temperatures only (typically 250-300°F). Composite Adhesives provide high mechanical strength and peerless performance even upon exposure to extreme conditions. Various types of resins such as epoxy, acrylic, polyurethane, methyl methacrylate, polyimide, phenolic, cyanoacrylate, silicone, and others are used to make different types of adhesives.
Epoxy Adhesives provide superior bonding with different types of substrate, excellent durability & strength with low shrinkage, superior chemical, heat & weather resistance, and excellent electrical insulation properties. Polyurethane Adhesives are widely used for marine applications owing to its ability to bond even in high moisture conditions, superior bonding with a non-porous substance such as wood, high UV resistance, and low VOC content. Methyl methacrylate adhesives provide faster curing, excellent adhesion, and material forms a strong thermoplastic with excellent resistance to shear, peel and impact stresses.
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