Structural Adhesives Market size was valued at USD 16.97 Bn. in 2022 and the total Structural Adhesives Market revenue is expected to grow at 6.7 % from 2022 to 2029, reaching nearly USD 26.71 Bn.
Market Overview:
This study’s purpose is to give an overview of the Structural Adhesives market as well as extensive market segmentation based on segments, and geography. The report includes vital information on the market positions of the major Structural Adhesives companies, as well as notable industry trends and prospects.
The report also focuses on the leading industry players in the Structural Adhesives market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information. This research looks into Structural Adhesives Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This study examines the whole Structural Adhesives Market Size from a worldwide standpoint, evaluating historical data and forecasts.
Market Dynamics:
The building industry's need for structural adhesives is being fueled by new applications such as exterior insulation systems, carpet adhesives, tiling adhesives and wallpaper. Panels, wallboard, and floor systems are where construction adhesives are most frequently used. These adhesives are used to shield the exterior of walls from nail or screw head stains. Construction adhesives are used to hold insulating glass modules and curtain wall panels in place. Global demand for permanent, non-slum housing is mostly driven by population increase, urbanisation, and rising prosperity in developing countries like Brazil, China, Indonesia, and Vietnam.
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Market Scope:
The report also focuses on the leading industry players in the Structural Adhesives market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
Segmentation:
Urethanes are predicted to experience the highest CAGR growth among all product categories during the projected period. The construction and automotive sectors employ urethane-based products extensively for plastic bonding. The need for plastics is continuously increasing across a wide range of end-use industries. 68.4 million tonnes were produced in 2022 compared to 64.5 million tonnes in 2020, according to Plastics Europe.
Global Structural Adhesives Market Size, by Product (2022-2029)
• Urethanes
• Epoxy
• Acrylic
• Cyanoacrylic
• Others
Global Structural Adhesives Market Size, by Technology (2022-2029)
• Water-based
• Solvent-based
• Others
Global Structural Adhesives Market Size, by Application (2022-2029)
• Transportation
• Construction
• Consumer Appliances
• Furniture
• Others
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Key Players:
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Structural Adhesives market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Structural Adhesives industry.
1. 3M (US)
2. Huntsman International LLC (US)
3. Illinois Tool Works Inc. (US)
4. Arkema S.A. (France)
5. Bostik, Inc (US)
6. Permabond LLC. (US)
7. L&L Products (US)
8. Master Bond Inc (US)
9. Uniseal, Inc (US)
10.Dymax Corporation (US)
11.Hernon Manufacturing Inc.(US)
12.Parson Adhesives, Inc.(US)
13.Lord Corporation (US)
14.Dupont (US)
15.H.B. Fuller(US)
16.Acralock(US)
17.RS Industrial (US)
18.Hubei Huitian New Materials Co., Ltd.(China)
19.Scott Bader Company Ltd. (UK)
20.Bondloc (UK)
21.Forgeway Ltd (UK)
22.Delo Industrie Klebstoffe GmbH & Co. KGAA (Germany)
23.Weicon GmbH & Co. Kg (Germany)
24.Panacol-Elosol GmbH (Germany)
25.Henkel AG & Co. KGAA (Germany)
26.Riëd B.V. (Netherlands)
27.Sika AG (Switzerland)
28.Mapei S.P.A (Italy)
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Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Structural Adhesives market in these regions.
COVID-19 Impact Analysis on Structural Adhesives Market
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the Structural Adhesives market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Structural Adhesives Market Report are:
What will be the CAGR of the Structural Adhesives market during the forecast period?
Which segment emerged as the leading segment in the Structural Adhesives market?
Which are the prominent players in the Structural Adhesives market?
What will be the Structural Adhesives market size by 2027?
Which company held the largest share in the Structural Adhesives market?
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