Epoxy Adhesives Market Explore Overall Study Report 2020-2026 | DowDuPont, Sika AG, Huntsman Corporation, Ashland Inc., 3M Company, Lord Corporation, Illinois Tool Works Incorporation, Henkel AG and others

The global Epoxy Adhesives market size was valued at USD 7,611 million in 2019 and is expected to reach USD 11,631 million by 2026 to grow at a CAGR of 6.4% during the forecast period (2020-2026) according to a new study by Polaris Market Research. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

Epoxy is increasingly being used as a structural adhesive across diverse industries. Epoxy adhesives offer high shear strength while bonding efficiently to a wide range of substrates such as wood, glass, and metal. These adhesives provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength. Epoxy adhesives can be altered and modified to deliver a wide range of properties and offer customized solutions in the market. Toughened epoxy adhesives are being used in automotive, construction, and aerospace industry owing to need for greater strength and chemical resistance.

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Some of the major market participants include :
DowDuPont, Sika AG, Huntsman Corporation, Ashland Inc., 3M Company, Lord Corporation, Illinois Tool Works Incorporation, Henkel AG, AdCo UK Limited, Benson Polymers Ltd, 3M Co., Adhesive Technologies Corp., H.B. Fuller, American Chemical Inc., DELO Industrial Adhesives, Collano Adhesives AG, and Alfa International Corporation among others.

Epoxy Adhesives are used in diverse industries such as defense and aerospace, construction, automotive, energy and power, marine, electrical & electronics, and others. The construction segment accounted for the highest share in 2019. However, the energy and power segment is expected to grow at a significant rate during the forecast period. The increasing environmental awareness coupled with government initiatives is encouraging consumers to turn towards solar, wind, hydropower and fuel cells. Use of epoxy adhesives enable these renewable systems to withstand harsh environments, extreme temperatures, chemicals abrasion and mechanical stresses.

Asia Pacific dominated the global market in 2019 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector supports market growth in this region. Increasing applications in construction, defense and aerospace, and marine industries further increases the demand of epoxy adhesives in Asia-Pacific. Increasing demand for miniaturized and high performing electronics coupled with increasing awareness regarding adoption of electric vehicles fuels growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries

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This report segments the global Epoxy Adhesives market into:

Epoxy Adhesives End-User Outlook
o Defense and Aerospace
o Construction
o Automotive
o Energy and Power
o Marine
o Electrical & Electronics
o Others

Epoxy Adhesives Product Type Outlook
o One-Component
o Two-Component

Epoxy Adhesives Regional Outlook
o North America (U.S., Canada)
o Europe (Germany, UK, France, Italy, Spain, RoE)
o Asia Pacific (China, India, Japan, South Korea, RoAPAC)
o Latin America (Brazil, Mexico, Colombia, RoLATAM)
o MEA (Saudi Arabia, South Africa, Israel, UAE, RoMEA)

Key Benefits:

1. This study gives a detailed analysis of drivers and factors limiting the market expansion of Epoxy Adhesives
2. The micro-level analysis is conducted based on its product types, end-user applications, and geographies
3. Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players
4. By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Epoxy Adhesives market

The research study can answer the following Key questions:

1. What will be the progress rate of the Epoxy Adhesives Market for the conjecture period, 2020 - 2026?
2. What are the prominent factors driving the Epoxy Adhesives Market across different regions?
3. Who are the major vendors dominating the Epoxy Adhesives industry and what are their winning strategies?
4. What will be the market scope for the estimated period?
5. What are the major trends shaping the expansion of the industry in the coming years?
6. What are the challenges faced by the Epoxy Adhesives Market?

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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

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