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Structural Adhesives Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis
Global Structural Adhesives report from Global Insight Services is the single authoritative source of intelligence on Structural Adhesives market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.Read more about Structural Adhesives market here: https://www.globalinsightservices.com/reports/structural-adhesives-market/
There are many types of adhesives available on the market, but not all are created equal. Structural Adhesives are a class of adhesives that are specifically designed for bonding dissimilar materials together. This makes them ideal for use in a wide variety of applications, from construction to automotive to aerospace.
Key Trends
There are three key trends in Structural Adhesives technology.
The first is the trend toward using adhesives in construction and engineering applications. This is driven by the need for stronger and more durable bonds, as well as the desire to reduce weight and improve the aesthetic appeal of structures.
The second trend is the development of new and more versatile adhesives. This is in response to the need for adhesives that can bond to a variety of different materials, including metals, plastics, and glass.
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Market Segments
The structural adhesives market is segmented by substrate, technology, application, and region. By substrate, the market is classified into metal, composite, wood, and others. On the basis of technology, it is bifurcated into solvent-based, water-based, and others. Based on application, it is divided into automotive, aerospace, rail, marine, and others. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Key Players
The global structural adhesives market includes players such as Ashland Global Holdings Inc, DuPont, H.B. Fuller, Henkel Ag & Co KGAA, Huntsman Corporation, Lord Corporation, Scott Bader Co, Sika AG, The 3M Company, Uniseal Inc., and others.
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Key Drivers
The key drivers of the structural adhesives market include the increasing demand from the transportation and construction industries and the growing preference for adhesives over traditional methods such as welding and mechanical fastening.
The transportation industry is a major consumer of structural adhesives, as they are used in the assembly of vehicles. The construction industry is also a significant consumer of these adhesives, as they are used in bonding and sealing applications.
The preference for adhesives over traditional methods such as welding and mechanical fastening is another key driver of the market. Adhesives offer several benefits over these methods, such as improved aesthetics, better bonding strength, and lower production costs.
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