Metal Bonding Adhesives Market In Asia Pacific Set To Explode In The Coming Years | Leading Key Players BASF, Henkel, 3M, Arkema, Evonik, H.B. Fuller, Ashland, Huntsman Corporation, Solvay, DELO Industrial Adhesives, Sika, Dowdupont, LORD Corporation

Asia pacific will hold the maximum share of around 40% in the metal bonding adhesives market by the end of forecast period. Rising demand for infrastructural spaces and growing electronic equipment production in China, Taiwan, South Korea and Japan will lead adhesives market during the forecast period.

Metal Bonding Adhesives Market will surpass USD 6 billion by 2025; according to a new research report.

A spurt in automobile production and growing infrastructure development has strengthen the growth of metals & mining sectors. In particular, the government thrust on infrastructure and industrial projects has given a rise in demand for steel, iron and other metals with consumption expected to grow at the rate of 5.7% YoY by 2018. This in turn has led to a growth in demand for value added steel. Sales statistics of automobile industry are poised to surpass 100 Million units by 2024. Growing population, modification in design of automotive equipment and development in transportation methods has a positive impact on industry growth. Modern use of adhesives to fasten light weight automotive components will likely drive product demand during the forecast timeframe.

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Metal bonding adhesives market from electronics end-user segment is likely to witness substantial growth due to its wide applicability in electronic assembly applications owing to its superior insulative properties and thermal conductivity. The electronics and electrical market is anticipated to reach USD 40 Billion by 2024. Growing applications in the field of electronics such as robotics, test & measurement equipment, heat sink attachment, control systems etc. is likely to fuel the electronic market. They possess low moduli of elasticity and moisture resistance which protect the electronic devices. These characteristics may boost metal bonding adhesives market during the forecast spell.

Industry impact forces
1. Growth drivers

• Growth in automotive & transportation industry in APAC
• Steady growth in building restoration activities in North America & Europe

Metal Bonding Adhesive Market, Resin By End-user

o Epoxy based
o Polyurethane based
o Acrylic based
o Others

Metal Bonding Adhesive Market, By End-user
• Automobile & transportation
• Aerospace & defense
• Electronics & consumer appliances
• Medical & Pharma
• Industrial assembly
• Others

Unveiling metal bonding adhesives market trends in terms of end-use landscape:

Aerospace & defense:

The metal bonding adhesives in the aerospace industry, commonly referred to as aerospace adhesives, have been extensively used since long for structural bonding – an application that has played a major role in aviation history. The use of adhesives along with aluminum has been an industry staple for a while now, and the combination has further enhanced airplane designs by optimizing durability and strength while allowing significant weight shedding as it helps spread the loads over considerably larger surface areas. A majority of adhesives used inside these applications are epoxy-based and are typically applied to the surface as a film – a practice that has been followed in the industry for several years. The demand for epoxy-based resins is expected to cross a considerable threshold in the coming years – a valuation of $450 million is anticipated for North America alone, due to the increasing repair, maintenance and overhaul activities in ageing aircraft fleets.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. Henkel
3. 3M
4. Sika
5. DowDuPont
6. H.B. Fuller
7. Ashland
8. Arkema
9. Evonik
10. Huntsman Corporation
11. Solvay
12. DELO Industrial Adhesives
13. LORD Corporation
14. Parson Adhesives, Inc.
15. Permabond Engineering Adhesives

Metal bonding adhesives market from aerospace applications would also be witnessing growth from the number of ongoing R&D activities that are being carried out by industry leaders to capitalize on the future potential of the aviation space. For instance, according to a report by Adhesives.org, NASA has been foraying into shape memory polymer composites (SMPs) – a new bonding technology – in an attempt to achieve adaptive wing structures.

According to a 2017 estimate, automobiles & transportation held over 25% of the metal bonding adhesives market share in 2017. The revenue share is expected continue surging in the ensuing years, driven by the extensive advancements prevalent in the automobile manufacturing & assembling process.

Browse key industry insights from the report, “Metal bonding adhesive Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/metal-bonding-adhesives-market

The metal bonding adhesives market competitive landscape includes key players such as Huntsman Corporation, BASF SE, Henkel, LORD Corporation, H.B. Fuller, Parson Adhesives Inc, Arkema Group, Evonik Industries, Permabond LLC, Ashland Inc.

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