PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1493142
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1493142
US Engineering Adhesives Market is valued approximately USD 4.54 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.24% over the forecast period 2024-2032. Engineering Adhesives are designed to provide strong, durable, and reliable bonds between substrates such as metals, plastics, composites, ceramics, and other materials commonly found in engineering and manufacturing processes. They provide robust bonding strength suitable for withstanding mechanical stresses, including shear, tension, and compression. Furthermore, rising focus on woodworking industry is gaining attention towards US Engineering Adhesives Market. Woodworking applications often require adhesives that can withstand exposure to moisture, humidity, and temperature variations. engineering adhesives offer excellent resistance to environmental factors, ensuring bond integrity and stability in indoor and outdoor settings.
The US Engineering Adhesives Market is driven by rising demand for engineering adhesives in the packaging & automotive industries across the region. Engineering adhesives contribute to the protection and preservation of packaged goods by forming secure seals and closures that prevent moisture ingress, tampering, and contamination. They ensure the integrity of packaged products throughout storage, transportation, and distribution. In addition, adhesives are used for structural bonding applications in vehicle assembly, including body panels, chassis components, interior trim, and glass bonding. They provide high-strength bonds while reducing the need for mechanical fasteners, leading to enhanced durability and rigidity. However, the high cost of engineering adhesives and fluctuation in pricing of raw material is going to impede the overall demand for the market during the forecast period 2024-2032.