Epoxy Adhesives Market is Forecasted to Reach US$ 10.83 Billion in 2028, Says Stratview Research

The global epoxy adhesives market is projected to witness a growth rate of 5.78% annually from 2023 to 2028, with an anticipated size of US$ 10.83 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global epoxy adhesives market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/964/epoxy-adhesives-market.html#form

Report Highlights:
Market Size in 2028: US$ 10.83 billion
Growth (CAGR): 5.78% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Epoxy Adhesives Market:

The global epoxy adhesives market is segmented based on type, end-use industry type, and region.

Based on type - The epoxy adhesives market is segmented into one-component epoxy adhesives, two-component epoxy adhesives, and other epoxy adhesives. One-component epoxy adhesives are estimated to witness the highest growth in the market during the forecast period. The solvent-free and user-friendly features, and the quick curing time of one-component adhesives, make them more effective and they are easier to control as compared to two-component epoxy adhesives.

Based on end-use industry type - The market is segmented into building & construction, transportation, wind energy, electrical & electronics, automotive, marine, and other end-use industries. Wind energy is estimated to be the fastest-growing end-use industry in the market during the forecast period. There is an ongoing development process for making the blade lighter and taller. The continuous development in the blade structure and other turbine components is driving the growth of wind energy.

Epoxy adhesives are dominantly used in manufacturing turbine blades and are the most effective solution for the adhesion of blade parts. The growing usage of renewable energy and the installation of windmills in different areas is also fueling the growth of the epoxy adhesives market.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/964/epoxy-adhesives-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is estimated to be the fastest-growing market during the forecast period. This growth outlook is majorly attributed to the following-

• The growth of the market is driven by the growth of various end-use industries, such as building & construction, transportation, wind energy, electrical & electronics, automotive, marine, and others, out of which, building & construction is majorly contributing to the rising demand for epoxy adhesives in the Asia-Pacific region.
• The investments in the infrastructure development for government and private sectors are growing, which in turn, will give rise to the improvement of the building & construction industry in countries, such as India and China, driving the demand for epoxy adhesives in the region during the forecast period.
• North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Epoxy Adhesives Market Drivers:

Some of the key drivers listed in the report are given below.

Superior bonding properties: Epoxy adhesives possess high strength and durability and offer excellent bonding properties. These properties make epoxy adhesives suitable for applications in industries like aerospace, electronics, marine, construction, etc. The increasing demand for lightweight materials and adhesive components in these sectors also drives the demand for epoxy adhesives.

Growing demand for sustainable adhesives: There is a growing demand for non-hazardous, green, and sustainable adhesives. Epoxy adhesives are generally considered to be environment friendly compared to other types of adhesives since they have low volatile organic compound (VOC) content. Hence, there is a growing demand for epoxy adhesives.

Rising demand for high-performance adhesives in the electronics and aerospace industries: Electronics and aerospace are two such industries that are growing rapidly. These growing industries require high-performance adhesives to provide a high level of durability and strength to their products. Epoxy adhesives are used to bond components in electronic devices and are also used in fixing or sealing joints in aircraft.

Top Companies in the Epoxy Adhesives Market:
Stratview Research has identified the following companies as the top market players.
• Ashland Inc.
• DuPont de Nemours, Inc.
• H.B. Fuller
• Henkel AG & Company
• KGaA
• Huntsman Corporation
• Illinois Tool Works Incorporation
• LORD Corporation
• RPM International Inc.
• Sika AG
• The 3M Company

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Epoxy Adhesives Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Construction Adhesives Market: https://www.stratviewresearch.com/3659/construction-adhesives-market.html
• North American Floor Adhesives Market: https://www.stratviewresearch.com/310/North-American-Floor-Adhesives-Market.html

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