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How will rising infrastructure needs boost metal bonding adhesives market demand?
The rising infrastructure needs to boost metal bonding adhesives market demand. Global population explosion will drive huge demand for housing and public infrastructure developments. Metal is one the core components of the construction industry as it is extensively used across the building projects. Apart from offering strength to building structures, it is predominantly used to enhance the aesthetics and safety of the infrastructures.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/1290
Escalating housing demand coupled with increasing government investments toward public infrastructures will boost product penetration, further driving metal bonding adhesives market trends. For instance, BRICS nations have witnessed sharp improvement in infrastructure conditions pertaining to improving GDP, subsequently fostering product demand throughout 2025.
Metal bonding adhesives market from electronics end-user segment is projected to observe substantial gains leveraging the superior insulation, thermal conductivity and moisture resistant properties of the product. Metal bonding adhesives find wide range of applications in electronics sector for assembling robotics instruments, heat sink attachments, electronic control systems etc.
The electronics and electrical market is anticipated to reach USD 40 Billion by 2024. Thereby, growing applications in the field of electronics is likely to stimulate metal bonding adhesives market trends through 2025.
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The epoxy based segment is estimated to hold over 40% of the industry share in 2017, pertaining to extensive product usage in electronics and industrial solutions for fabricating crucial equipment and parts. It is predominantly utilized across numerous industries such as automotive, aerospace, optical, medical, chemical/oil processing, electronics, etc. Owing to this, metal bonding adhesives market from the epoxy-based segment likely to account for about USD 2.5 billion by the end of 2025.
Metal bonding adhesives have been gaining traction across business verticals for they tend to create chemical bonds and have become a cost-effective alternative to soldering, welds and mechanical fasteners. Given that metal glues reduce the steps in assembly lines and rev up the process, they have become a top-notch solution for products that are prone to temperature fluctuation, vibration and weather.
Adhesive bonding has become a marketable application in sectors such as automotive and aerospace. The weight reduction attribute has augured well for the metal bonding adhesives market size expansion.
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