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Global Industrial Adhesives Market Competitive Intelligence, Demand Generation Strategies and Business Forecast 2022 - 2030
The Global Industrial Adhesives Market was valued at US$ 52.69 Bn in 2021 growing at a CAGR of 5.7% over the forecast period (2022 - 2030). Any substance capable of binding materials together in a functional manner via surface attachment that resists separation is referred to as an adhesive. Organic and inorganic chemical substances used to attach components are known as industrial adhesives. The vast majority of industrial adhesives are utilized in fastening applications. Industrial sealants are used to fill gaps between seams or on surfaces, as well as to hold fluids, prevent leaks, and prevent undesired material from infiltrating. These unique industrial adhesive materials are designed to withstand strong impact and peel forces, as well as providing high sheer strength, chemical and temperature resistance. Industrial adhesives are a great alternative to mechanical fastening, welding, and other joining methods, and they help manufacturers achieve a competitive edge by lowering total manufacturing costs and improving product dependability, performance, and operating life.Get PDF sample report with related graphs & charts (Pre & post COVID-19 impact analysis): https://www.absolutemarketsinsights.com/request_sample.php?id=1063
Increasingly severe environmental norms and regulations, as well as rising demand for industrial adhesives along with their increasing applicability across a wide range of end-use industries, will propel the industrial adhesives market forward over the forecast period. However, raw material price volatility is projected to be one of the factors limiting the growth of the industrial adhesives market. The market continues to grow owing to development and new product launches by some major companies. For instance, in October 2020, H.B. Fuller announced the launch of the Gorilla Professional Grade line of Professional Grade MRO (Maintenance, Repair, and Operations) Industrial adhesives, sealants, and lubricants in the United States and Canada. This is the first product launch since H.B. Fuller was granted an exclusive trademark license agreement by The Gorilla Glue Company LLC on March 1, 2020. This chemical tools for repair, installation, and maintenance enable manufacturing equipment and other heavy machinery to operate reliably and efficiently.
The impact on adhesive demand differ depending on the end-use market. COVID-19 has accelerated the growth of industrial adhesives market across the fast-growing sectors such as medical, hygiene, and food packaging. This growth can be attributed to a variety of factors, including an increasing global population, technological advancements, and an overall increase in purchasing power. Companies that manufacture protective gear have seen an exponential increase in demand as a result of COVID-19, which has also boosted their share prices. Furthermore, government's increased infrastructure spending for highway construction and affordable housing has driven the demand for industrial adhesives amidst the pandemic. During the second half of the pandemic, leading companies implemented new technologies to strengthen their businesses and increased adhesive grades to boost market growth. Furthermore, key manufacturers in the global industrial adhesives market are focusing on high-performance adhesives, which is expected to drive the market growth over the future years.
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Major Market Players Profiled in the Industrial Adhesives Market Report include:
3M
Adhesive Products Inc.
Adhesives Technology Corporation (ATC)
Arofine Polymers Pvt. Ltd.
BASF SE
Bond Tech Industries
Chemique Adhesives & Sealants Ltd
Henkel Adhesives Technologies India Private Limited
Huntsman International LLC
Panacol-Elosol GmbH
Pidilite Industries Limited
The DOW Chemical Company
Other Market Participants
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Our 420+ Pages Report titled, Industrial Adhesives Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Industrial Adhesives Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Industrial Adhesives Market:
By Type
Water Based Adhesives
Hot Melt Adhesives
Pressure Sensitive Adhesives
Solvent Based Adhesives
Flexible Adhesives
UV Adhesives
Conductive Adhesives
Structural Adhesives
Others
By Application
Packaging
Manufacturing
Electrical and Electronics
Automotive
Transportation
Construction
Aerospace & Defense
Others
By Composition
Acrylic
Epoxy
Polyurethane
Rubber
Silicone
Others
By Distribution Channel
Direct
Indirect
By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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