Press release
Global Composite Adhesives Market Key Competitive Landscape 2017 Trends Projected to Reach USD 1.15 billion by 2024
Global Composite Adhesives Market
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The Global Composite Adhesives Market accounted for USD 1.15 billion in 2016 and is projected to grow at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Competitive Landscape:
The global composite adhesives market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
TOP Competitors of Market:
• Henkel AG & Co. KGaA,
• 3M,
• Huntsman International LLC,
• Sika AG,
• The DOW Chemical Company,
• LORD Corporation,
• Bostik,
• Ashland,
• Illinois Tool Works Incorporation-Plexus,
• Royal Adhesives & Sealants,
• Integra Adhesives,
• Arkema Group,
• SCIGRIP,
• Dymax Corporation,
• H.B. Fuller Company,
• Scott Bader Company Ltd,
• HERNON Manufacturing, Inc.,
• Gurit, HYBOND,
• Permabond LLC. and DELO Industrial Adhesives, LLC
• among others.
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Major Market Drivers:
• Increasing usage in the wind energy production
• Growing demand for recyclable plastics
• Growing R&D in the aerospace sector boosting the demand for composite adhesives
Restraints:
• Strict environmental regulations
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Market Segmentation:
On the basis of type:- Structural and synthetic composite adhesives.
On the basis component:- one-component composite adhesives and two-component composite adhesives.
On the basis of resins:- epoxy, polyurethane, polyamide and others.
On the basis of applications:- Automotive & transportation, wind energy, marine and aerospace.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
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Key questions answered in this report:-
• What will the market size be in 2024 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Data Bridge Market Research
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