Structural Adhesives Market Estimated to Record Highest CAGR by 2019 to 2028 With Top Players The Dow Chemical Company, 3M Company, Sika AG, Henkel AG & Co., Lord Corporation, Ashland Inc

The global structural adhesives market size is predicted to succeed in USD 23 billion by 2028, expanding at a CAGR of 6.4% from USD 14 billion in 2019.

The market for structural adhesives has been segmented in major regions to understand the global development and demand patterns of this market. Asia Pacific was the leading region and accounted for majority of the general volume in 2019. High population and economic process and increased industrial output in India, China, and Southeast Asia are key growth factors for the region.

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This comprehensive market analysis explores market growth potential for structural adhesives that can help stakeholders understand key developments and expectations in the market for structural adhesives defining opportunities for growth and competitive scenarios. The study also draws on data from multiple primary and secondary sources, and will be analyzed using different methods. It helps gain insight into the growth potential of the market which can enable investors to recognize scope and opportunities. The analysis also gives details of the individual segments in the global structural adhesives market.

According to the report, transportation application is projected to witness lucrative growth on account of the expansion of automotive, aerospace, and shipbuilding sectors. Replacement of fasteners with adhesives can simplify the assembly process for automakers.

Replacement of fasteners with advanced adhesives is anticipated to open new market opportunities for vendors over the approaching years. Fabricators in aerospace, automotive, wind energy, marine, and other industrial sectors are likely to shift to bonding products within the future. Moreover, the utilization of those products in industrial applications is additionally beneficial within the reduction of cost and fast cycle time.

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

The Dow Chemical Company
3M Company
Sika AG
Henkel AG & Co.
Lord Corporation
Ashland Inc.
Scott Bade Company
Ried BV

Regional segmentation and analysis to understand growth patterns:

China is projected to stay key consumer and producer within the region. In terms of revenue, Europe is projected to achieve a lucrative CAGR of 4.0% during the forecast period on account of the assembly of vehicles in Germany, France, Italy, and Spain. Increasing bonding requirements for substrates like glass, plastics, metals, and composites during automobile manufacturing is projected to help the expansion on a regional basis. Some of the major markets in North America and Europe are also typical suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on.

This demand is with regard to the growth of major end-use industries such as marine, oil & gas, industrial, construction & infrastructure, energy & power, automotive & transportation. The expansion is especially attributed to the expansion of the development and manufacturing sectors in Brazil and Argentina. Moreover, as per the UNCTAD 2018 report, FDI inflows in Brazil and Argentina increased by 10% due to the top of a recession. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market.

This report provides:

An summary of the global structural adhesive market and associated technologies.
Analysis of global industry dynamics, monthly projections, and annual compound growth rate predictions (CAGRs).
Identification of new market opportunities and targeted consumer marketing strategies for global structural adhesives market.
Analysis of R&D and demand for new technologies and new applications
Extensive company profiles of key players in the industry.
The researchers have studied the market in-depth and have developed important segments such as product type, application, and region. Each and every segment and its sub-segments are analyzed based on their market share, growth prospects, and CAGR. Each market segment offers in-depth, both qualitative and quantitative information on market outlook.

Reasons to Buy This Report:
Market size estimation of the Structural Adhesives market on a regional and global basis
Unique research Usage for market size estimation and forecast
Profiling of major companies operating in the market with key developments
Broad scope to cover all the possible segments helping every stakeholder in the market

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Market Segmentation:

By Product
Urethanes
Epoxy
Acrylic

By Technology
Water Based
Solvent Based
Others

By Application
Transportation
Constructiond
Consumer Appliances
Furniture

By Region:

North America
By Country (US, Canada, Mexico)
By Product
By Technology
By Application

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Product
By Technology
By Application

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Product
By Technology
By Application

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Product
By Technology
By Application

Middle East & Africa
By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
By Product
By Technology
By Application

South America
By Country (Brazil, Argentina, Colombia, Rest of South America)
By Product
By Technology
By Application

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