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Global 2 Octyl Cyanoacrylate Adhesive Market expanding at CAGR of 5.8% and projected to generate worth USD Mn by 2029

01-31-2023 11:57 AM CET | Industry, Real Estate & Construction

Press release from: Cognitive Market Research

Global 2 Octyl Cyanoacrylate Adhesive Market expanding at CAGR of 5.8% and projected to generate worth USD Mn by 2029

Global 2 Octyl Cyanoacrylate Adhesive Market expanding at CAGR of 5.8% and projected to generate worth USD Mn by 2029

The global 2 Octyl Cyanoacrylate Adhesive market size was US$ 317.87 million in 2021 and is projected to reach 531.3 million by 2029, at a CAGR of 5.8% from 2022-2029, according to the Cognitive Market Research analysis.

Read Full Report with Table of Contents : https://www.cognitivemarketresearch.com/2-octyl-cyanoacrylate-adhesive-market-report

2 Octyl cyanoacrylate Adhesive can be applied topically to close skin incisions and wounds by itself or in conjunction with deep sutures. It is used in various applications including industrial, medical, and domestic applications for topical tissue repair and closure.

Increasing surgery operations, orthopedic operations, and veterinary applications such as animal surgery activities across the world are supporting the growth of the 2-Octyl Cyanoacrylate Adhesive market. Furthermore, the use of topical skin adhesives has increased as an alternative to conventional skin closure methods due to their extensive benefits leading to an increase in demand for 2-Octyl Cyanoacrylate Adhesive.

• Regional Analysis of 2 Octyl Cyanoacrylate Adhesive Market:
Geographically, North America held the largest regional market for 2-Octyl Cyanoacrylate Adhesive in the year 2021. The rising surgical procedures, growing clinical research activities, and increasing government support in this region are driving the market for 2-Octyl Cyanoacrylate Adhesive.

Europe is expected have fastest growth during the forecast period due to the increasing use of topical skin adhesives as an alternative to conventional skin closure methods.

Top players involved in the 2 Octyl Cyanoacrylate Adhesive market:
• 3M
• Johnson & Johnson
• Ethicon, Inc
• GluStitch Inc
• Adhezion Biomedical
• Advanced Medical
• Solutions
• Chemnence Medical
• Medline
• Cohera Medical
• Adhezion Biomedical
• Cartell Chemical
• Fuaile Tech
• Others.

Current Trends of Manufacturers:
• Chemence Medical has secured approval from FDA for its new Exofin Precision Pen
In April 2021, Chemence Medical announced the U.S. Federal Drug Administration's (FDA) 510(k) approval of the company's redesigned exofin fusion skin closure system. This system is a part of the company's Exofin products, which are claimed to be fast-drying 2­octyl cyanoacrylate topical adhesives with a high-viscosity formulation.

Segment Analysis:
This report segments the 2 Octyl Cyanoacrylate Adhesive market as follows -
Product Type
• Human Use
• Veterinary Use

End-Users
• Hospitals
• Clinics
• Trauma Centers
• Ambulatory Surgical Centers
• Others

Application
• Surgery Operation
• Orthopedic Operation
• Veterinary Application
• Others

Distribution Channel
• Online
• Offline

By Product Type, Human Use type held the major market share in the year 2021 owing to the increasing use of 2 Octyl Cyanoacrylate Adhesive in various surgical procedures such as lung treatment, cranial surgery, vascular reconstruction, and ocular repair.

Related Reports
• 2 Octyl Cyanoacrylate-https://www.cognitivemarketresearch.com/2-octyl-cyanoacrylate-market-report
• Dioctyl Adipate-https://www.cognitivemarketresearch.com/dioctyl-adipate-market-report
• Cyanoacrylate Adhesives-https://www.cognitivemarketresearch.com/cyanoacrylate-adhesives-market-report
• Cyanoacrylate Resin-https://www.cognitivemarketresearch.com/cyanoacrylate-resin-market-report

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us

About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.

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