Press release
Metal Bonding Adhesives Market is projected to reach USD 8.6 billion by Size, Growth by Top Companies, Trends and Forecast to 2029
Exactitude Consultancy Market Research analyses that the Metal Bonding Adhesives Market will witness a CAGR of 7.5% for the forecast period of 2023-2029 and is likely USD 4.2 billion in 2022 to reach at USD 8.6 billion by 2029.Research report on the Metal Bonding Adhesives market allows buyers to deliver unique solutions to various end users and improve their business presence in the industry. The report is introduced with accurate statistics regarding market share, size, and growth rate for the buyers to focus on their operations and achieve various goals smoothly. Numerous driving factors, restraints, opportunities, and threats affecting the Metal Bonding Adhesives market growth is described in the study for the strategy planners to plan policies pertaining to production volume, delivery of services, making connections, and creating awareness in the minds of consumers.
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Market Dynamics:
✦ Metal Bonding Adhesives Market: Drivers
The increasing replacement of mechanical fasteners with industrial adhesives is one of the key drivers supporting the metal bonding adhesives market growth. Adhesives have become an integral part of various industrial applications. Mechanical or thermal fastening methods have been used for bonding applications in industries before the introduction of advanced adhesives. Metal bonding adhesives are widely replacing conventional methods such as mechanical fastening, welding, and other joining/fastening methods. There has also been a rise in the replacement of mechanical fasteners with metal bonding adhesives across various end-user industries, including construction, consumer durables, and others. Manufacturers are using these metal bonding adhesives in industrial applications owing to their superior product performance and efficacy when compared with conventional methods. Such factors are driving the market growth.
✦ Metal Bonding Adhesives Market: Challenges
Stringent environmental regulations are the factors hindering the metal bonding adhesives market growth. For instance, in the US, the Food and Drug Administration (FDA) under the Food, Drug, and Cosmetic Act (sections 301-399d) provides guidelines for food packaging, including flexible food packaging. Food processing units must meet the stringent control parameters and follow well-defined processes before they get licenses to operate. The substances affirmed as generally recognized as safe (GRAS) used in food packaging should comply with regulation 21 CFR 186. Therefore, such regulations are, in turn, likely to restrict the growth of the global metal bonding adhesives market during the forecast period.
Prominent Key players of the Metal Bonding Adhesives Market survey report:
Historical data available in the report elaborates on the development of the Metal Bonding Adhesives on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Henkel, AG & Co. KGaA, H.B. Fuller, The 3M Company, Sika AG, The Dow Chemical Company, Arkema S.A., Solvay S.A., LORD Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, and Parson Adhesives.
Recent Developments
In January 2022, Henkel intends to merge Laundry & Home Care, and Beauty Care to form a new "Consumer Brands" business unit.
In January 2022, the acquisition of Exalead is yet another step toward accelerating innovation in Merck KGaA's Process Solutions business unit.
In Feb 2022, H.B. Fuller Company announced the acquisition of Fourny NV of Belgium, a well-known provider of construction adhesives in technologies focused on commercial roofing, construction, and other private-label industrial specialties
Metal Bonding Adhesives Market Segmentation:
Metal Bonding Adhesives Market by Type, 2023-2029, (USD Million, and Kilotons)
» Epoxy-Based Metal Bonding Adhesives
» Acrylic-Based Metal Bonding Adhesives
» Polyurethane-Based Metal Bonding Adhesives
» Others (Silicone-Based And Modified Phenolic Resin)
Metal Bonding Adhesives Market by Application, 2023-2029, (USD Million, Kilotons)
» Automotive & Transportation
» Industrial
» Appliances
The regional outlook by revenue covers the countries namely:
✦ North America (United States, Canada and Mexico)
✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
✦ South America (Brazil, Argentina, Colombia, and Rest of South America)
✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
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Key Features of the Metal Bonding Adhesives Market Report: -
⇨ Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.
⇨ Examine the market opportunities for stakeholders by identifying higher growth sections.
⇨ To study and analyse the global Metal Bonding Adhesives industry status and forecast including key regions.
⇨ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.
⇨ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.
⇨ It helps you make strategic business decisions and investment plans.
Competitive Landscape
Competition has been growing for the Metal Bonding Adhesives industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.
Highlight the Following Key Factors:
► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.
► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.
Table of Contents
Global Metal Bonding Adhesives Market Research Report 2023-2029
1 Metal Bonding Adhesives Market Overview
1.1 Product Overview and Scope of Metal Bonding Adhesives
1.2 Metal Bonding Adhesives Segment by Type (Product Category)
1.3 Global Metal Bonding Adhesives market Segment by Application
1.4 Global Metal Bonding Adhesives Market by Region (2023-2029)
1.4.1 Global Metal Bonding Adhesives Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)
1.4.2 North America Status and Prospect (2023-2029
1.4.3 Europe Status and Prospect (2023-2029)
1.4.4 China Status and Prospect (2023-2029)
1.4.5 Japan Status and Prospect (2023-2029)
1.4.6 Southeast Asia Status and Prospect (2023-2029)
1.4.7 India Status and Prospect (2023-2029)
1.5 Global Market Size (Value) of Metal Bonding Adhesives (2023-2029)
1.5.1 Global Metal Bonding Adhesives Revenue Status and Outlook (2023-2029)
1.5.2 Global Metal Bonding Adhesives Capacity, Production Status and Outlook (2023-2029)
…
Why Choose Metal Bonding Adhesives Market Report?
✔ Unbiased conclusions and market insights
✔ 24×7 customer service available to address client queries
✔ Highly efficient and experienced team of analysts striving to create top-quality reports
✔ Our reports have facilitated the growth of over 500 companies
✔ The systematic and methodical market research process
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