Press release
Worldwide Consumption Of Structural Adhesives Is Predicted To Increase At A Cagr Of 6.7% By 2032
Worldwide consumption of structural adhesives is predicted to increase at a CAGR of 6.7% from 2022 to 2032. The global structural adhesives market stands at a value of US$ 14.74 billion in 2022 and is estimated to bring in revenue of US$ 28.2 billion by the end of 2032.
Increasing construction activity is anticipated to drive high demand for epoxy structural adhesives, structural wood glue, and structural adhesive tapes over the coming yea
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Key Segments Covered in Structural Adhesives Industry Research
by Resin Type :
Epoxy Structural Adhesives
Polyurethane (PU) Structural Adhesives
Acrylic Adhesives
Cyanoacrylate
by Application :
Building & Construction
Bus & Truck Manufacturing
Aerospace & Defense Manufacturing
Wind Energy Equipment Manufacturing
Marine Equipment Manufacturing
Rail Equipment & Components
Others
by Region :
North America
Latin America
Europe
APAC
MEA
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Competitive Landscape
Key structural adhesive manufacturers are increasing their investments in research and development of new products that are free from VOCs and are compliant with the new sustainability norms. Structural adhesive suppliers are also developing application-specific adhesives to strengthen their business potential in specific industry verticals.
In May 2022, Arkema's adhesive division - Bostik - announced the launch of its new adhesive solution, which is part of its 'Responsibly for Hygiene' commitment. The new Nuplaviva i90 Hot-Melt Wetness Indicator is made with renewably-sourced content and is the third solution in the Nuplaviva series of adhesives.
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Report Benefits & Key Questions Answered
Structural Adhesives Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
Structural Adhesives Market Historical volume analysis: The report provides a comparison of Structural Adhesives Market historical sales and projected sales performance for 2021-2031.
Structural Adhesives Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Structural Adhesives Market It carefully gauges the impact of changing healthcare needs of key demographics globally
Structural Adhesives Market Consumption by demographics: The report investigates consumer behavior affecting Structural Adhesives Market demand outlook for the assessment period. Effect of their keenness for digital trends on Structural Adhesives Market is carefully analyzed
The report answers important questions which include:
Why is player leading the in region?
Which factors pose a negative impact on the growth?
What was the value registered in 2022?
What challenges do the players face during R&D stages?
Which countries contribute a significant share to the total revenue in region?
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