Press release
Structural Adhesives Market to Notice Prominent CAGR Growth of 8.00% by 2029, Size, Share, Trends, Demand, Growth and Competitive Outlook
Data Bridge Market Research analyses the structural adhesives market will exhibit a CAGR of 8.00% for the forecast period of 2022-2029.Structural Adhesives are adhesives that are used to link materials such as metals, composites, thermoplastics, and others. Automotive, maritime, transportation, HVAC, industrial assemblies, wind energy and construction all employ these adhesives for adhesion. Compared to traditional fastening adhesives, these adhesives have a number of advantages. Structural adhesives are also known as load-bearing adhesives since they have the ability to harden on the surface and can keep two dissimilar surfaces together by hardening between them.
The rise in demand for structural adhesives in aerospace industry will influence the growth rate of the structural adhesives market. The expanding demand for adhesives in construction and wind energy application and surging adoption of the product in automobile industry are the key elements driving market expansion. The structural adhesives market is also being driven by factors such as the rapid industrialization and increasing urbanization. Furthermore, strong demand from various end-user industries and technical innovations will enhance the growth rate of structural adhesives market. Also, the rise in trend for lightweight and low carbon-emitting vehicles will act as a major factor influencing the growth of structural adhesives market.
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Some of the major players operating in the structural adhesives market are Sika AG, Henkel Adhesives Technologies India Private Limited, Huntsman International LLC., 3M, Dow, Illinois Tool Works Inc., IPS Corporation., Bostik, HERNON MANUFACTURING INC., L&L Products, Parson Adhesives, Inc., Panacol-Elosol GmbH, UniSeal, Inc., Riëd B.V, MAPEI S.p.A., Eastman Chemical Company, H.B. Fuller Company., Scott Bader Company Ltd., Permabond LLC, and Dymax, among others.
Global Structural Adhesives Market Scope and Market Size
On the basis of technology, structural adhesives market is segmented into solvent-based and water-based.
On the basis of substrate, the structural adhesives market is segmented into metals, plastics, wood, composites and others.
On the basis of resin, the structural adhesives market is segmented into epoxy, polyurethane, acrylic, methyl methacrylate (MMA), cyanoacrylate, others.
On the basis of application, the structural adhesives market is segmented into building and construction, automotive, wind energy, aerospace, bus and truck, marine, rail, others.
Structural Adhesives Market Regional Analysis/Insights
The Structural Adhesives market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Structural Adhesives market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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