Structural Adhesives Market Research Report, Analysis, Global Industry Size, Share, Emerging Trend, Gross Margin, Region by Forecast to 2024

Structural adhesives are relatively strong adhesives which are normally used below their glass transition temperature. The global structural adhesives market is registering a good growth in recent years, and anticipated to grow at a significant rate in the coming years, owing to wide range of application areas ranging from aerospace to kitchen appliances to sporting goods and automobiles.

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Based on resin type, the structural adhesives market is segmented into epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others. On the basis of the substrate, the structural adhesives market is classified into metals, plastics, wood, composites, and others. Based on application, the structural adhesives market is segmented into building and construction, automotive, wind, energy, marine, rail, aerospace, and others.

The major factors responsible for driving the structural adhesives market are the increasing demand of lightweight vehicles along with low carbon emission, increasing demand of these adhesives in building and construction application, and increasing investment from emerging countries.

Asia-Pacific is expected to be the fastest growing region in the structural adhesives market, which may be attributed to the increasing demand of these adhesives in countries such as China, India, Taiwan, Singapore, and others for the variety of applications.

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The various key players in the structural adhesives market is introducing advanced product in the market for variety of applications to stay competitive in the market. 3M Company, Sika AG, H.B. Fuller, DowDuPont Inc., Huntsman Corporation, Ashland Inc., Henkel AG & Co. KGaA, Lord Corporation, Mater Bond Inc., Illinois Tool Works Inc., Bostik, Parson Adhesives, Inc., and Permabond LLC. are some of the key players operating in structural adhesives industry.

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