Global Engineering Adhesives Market Expected to Witness a Sustainable Growth over 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Engineering Adhesives market.

The adhesive is any substance applied to the surfaces of materials that binds them together and resists separation. In our report, we discussed the adhesive used in the engineer industry, including Solar, Automotive, Wind Turbines, Metallurgy, Electric Power, Machine Tool and etc.

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Global Engineering Adhesives Market: Forecast by Type / Application / Region

Engineering adhesive manufacturers have sales support and R&D staff that work closely with customers to modify existing products or develop new products. In many cases, the responsiveness of the R&D and technical customer service of the supplier are decisive factors in choosing adhesives. However, some major adhesives producers, such as H.B. Fuller, have reduced product differentiation and customization and are instead concentrating more on unique, but higher-margin, products with greater market potential.

The global production and capacity of engineering adhesive is stable during the past years, and would be fluctuated in a small range in the following five years, since the engineering adhesive market is rather mature in its major consumption area. Most of the products are sold by distributors instead of manufacturers, and many distributors are managing or delegating many brands from different manufacturers to satisfy the diversified needs of customers from different area.

Engineering adhesive industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to the downstream fields, especially in underdevelopment regions that have a large population and fast economic growth and the downstream application increasing, the need of engineering adhesive might increase in the future.

Over the next five years, LPI(LP Information) projects that Engineering Adhesives will register a 2.1% CAGR in terms of revenue, reach US$ 15700 million by 2023, from US$ 13900 million in 2017.

Global Engineering Adhesives Market: Key Players
Henkle
H.B. Fuller
Arkema
3M
Hexion
DOW CORNING
ROYAL ADHESIVES & SEALANTS
ITW
Sika
UNISEAL
Huntsman
Anabond
Lamosa
Permabond
EFTEC
Loxeal
RTC Chemical
FCC
Fasto
Wisdom Adhesives
Dymax
ThreeBond
Parson Adhesives
Duratek
Beijing Comens
Huitian

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Related Information:
United States Engineering Adhesives Market Research Report 2018
Europe Engineering Adhesives Market Research Report 2018
North America Engineering Adhesives Market Research Report 2018
Asia-Pacific Engineering Adhesives Market Research Report 2018
China Engineering Adhesives Market Research Report 2018
EMEA Engineering Adhesives Market Research Report 2018
Global Engineering Adhesives Market Research Report 2018

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