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PUBLISHER: Grand View Research | PRODUCT CODE: 1405837
PUBLISHER: Grand View Research | PRODUCT CODE: 1405837
Composite Adhesive Market Size, Share & Trends Analysis Report By Product (Acrylic, Epoxy, Polyurethane, Cyanoacrylate), By Application (Automotive & Transportation, Aerospace & Defense), By Region, And Segment Forecasts, 2024 - 2030
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Composite Adhesive Market Growth & Trends:
The global composite adhesive market size is estimated to reach USD 5.08 billion by , registering a CAGR of 5.2% from 2024 to 2030, according to a new study by Grand View Research, Inc.. The incorporation of lightweight materials in the production/ manufacturing of automotives and aircraft is propelling the market growth exponentially. The adoption of composite adhesives is increasing in numerous end-use industries such as automotive, aerospace, and packaging over mechanical fasteners such as nuts & bolts. The use of adhesives instead of conventional equipment offers a reduction in the final product weight, which has become a vital point of interest in aerospace and automotive industries over recent years.
Further, the EV industry is an emerging key end-user of the market, where composite adhesives are finding applications in the production of battery as well as body components, along with other related applications. The rising population and increasing disposable incomes of consumers in these economies are significantly driving automobile production. In addition, a significant rise in the production of EVs is expected to provide a lucrative opportunity for the growth of the global composite adhesives market.
On the contrary, the adhesives market has always been under strict scrutiny from various regional and national level regulatory bodies across the globe. For instance, in the U.S., the Environmental Protection Agency (EPA) mandates manufacturers and suppliers of adhesives to comply with the established VOC standards. Furthermore, Air Resources Board (ARB) issued a document for determining Reasonably Available Control Technology (RACT) to keep a check on pollution caused due to adhesive application. Such regulations and potential threats to the environment can hamper the growth of the global market.
Composite Adhesive Market Report Highlights:
- Acrylic emerged as the fastest-growing product with a CAGR of 5.9% from 2024 to 2030 due to their excessive usage in various rigid and semi-rigid bonding applications such as automotive and medical, as they provide high-strength bonds to composites along with high peel strength
- Aerospace & Defense emerged as the fastest growing application with a high CAGR of 5.8% from 2024 to 2030, on account of growing applications of composite adhesive in the aerospace & defense sector owing to their ability to provide strong bonding to the composite materials
- North America emerged as the fastest-growing region with a CAGR of 6.0% over the forecast period, due to the rising investments in the production of EV and batteries in Canada, which is anticipated to positively influence the demand for composite adhesives in the country
- The key players in the market include 3M, Dow, Henkel, Huntsman, H.B. Fuller, and Sika which are catering to the composites industry. These players are focusing on new product launches and acquisitions in order to gain a higher share of the market
- Recent innovations in the adhesives industry include the introduction of a new silyl modified polymer (MS polymer) adhesive technology, which is expected to significantly improve the performance of adhesives. Such advancements in technology drive the demand for the product in the global market
Product Code: GVR-4-68039-051-1
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definition
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.4 Information analysis
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.6.1 Research scope and assumptions
- 1.6.2 List to Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Segment Snapshot
- 2.3 Competitive Landscape Snapshot
Chapter 3 Composite Adhesive: Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global Adhesives Market Outlook:
- 3.2 Industry Value Chain Analysis
- 3.2.1 Manufacturing/Technology Trends
- 3.2.2 Sales Channel Analysis
- 3.3 Vendor Landscape
- 3.3.1 List of Potential End-users
- 3.4 Regulatory Framework
- 3.5 Global Price Trend Analysis, 2018 - 2030 (USD/kg)
- 3.5.1 Factors Influencing Prices
- 3.6 Market Dynamics
- 3.6.1 Market Driver Analysis
- 3.6.2 Market Restraint ANalysis
- 3.6.3 Industry Challenges
- 3.6.4 Industry Opportunities
- 3.7 Impact of COVID-19 Pandemic
- 3.8 Impact of European Geopolitical Conflict
- 3.9 Industry Analysis Tools
- 3.9.1 PORTER's Analysis
- 3.9.2 Macroeconomic Analysis - PESTLE Analysis
Chapter 4 Composite Adhesive Market: Supplier Portfolio Analysis
- 4.1 List of Raw Material Suppliers
- 4.2 Raw Material Trends
- 4.3 Portfolio Analysis/ Kraljic Matric
- 4.4 Engagement Model
- 4.5 Negotiation Strategies
- 4.6 Sourcing Best Practices
Chapter 5 Composite Adhesive Market: Product Estimates & Trend Analysis
- 5.1 Product Movement Analysis & Market Share, 2023 & 2030
- 5.1.1 Acrylic
- 5.1.2 Epoxy
- 5.1.3 Polyurethane
- 5.1.4 Cyanoacrylate
- 5.1.5 Other Products
Chapter 6 Composite Adhesive Market: Application Estimates & Trend Analysis
- 6.1 Application Movement Analysis & Market Share, 2023 & 2030
- 6.1.1 Automotive & Transportation
- 6.1.2 Aerospace & Defense
- 6.1.3 Electrical & Electronics
- 6.1.4 Construction & Infrastructure
- 6.1.5 Other Applications
Chapter 7 Composite Adhesive Market: Regional Estimates & Trend Analysis
- 7.1 Composite Adhesive Market: Regional Outlook
- 7.2 North America
- 7.2.1 North america Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.2 U.S.
- 7.2.2.1 Key country dynamics
- 7.2.2.2 U.S. Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.3 Canada
- 7.2.3.1 Key country dynamics
- 7.2.3.2 Canada Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4 Mexico
- 7.2.4.1 Key country dynamics
- 7.2.4.2 Mexico Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3 Europe
- 7.3.1 Europe Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.2 Germany
- 7.3.2.1 Key country dynamics
- 7.3.2.2 Germany Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.3 UK
- 7.3.3.1 Key country dynamics
- 7.3.3.2 UK Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.4 France
- 7.3.4.1 Key country dynamics
- 7.3.4.2 France Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.3.5 Italy
- 7.3.5.1 Key country dynamics
- 7.3.5.2 Italy Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (MillionTons) (USD Million)
- 7.3.6 Spain
- 7.3.6.1 Key country dynamics
- 7.3.6.2 Spain Composite Adhesive Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- 7.4 Asia Pacific
- 7.4.1 Asia Pacific Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.2 China
- 7.4.2.1 Key country dynamics
- 7.4.2.2 China Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.3 India
- 7.4.3.1 Key country dynamics
- 7.4.3.2 India Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Million Tons) (USD Million)
- 7.4.4 Japan
- 7.4.4.1 Key country dynamics
- 7.4.4.2 Japan Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.4.5 South Korea
- 7.4.5.1 Key country dynamics
- 7.4.5.2 South Korea Composite Adhesive Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- 7.5 Central & South America
- 7.5.1 Central & South America Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.2 Brazil
- 7.5.2.1 Key country dynamics
- 7.5.2.2 Brazil Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.5.3 Argentina
- 7.5.3.1 Key country dynamics
- 7.5.3.2 Argentina Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.6 Middle East & Africa
- 7.6.1 Middle East & Africa Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 7.6.2 Saudi Arabia
- 7.6.2.1 Key country dynamics
- 7.6.2.2 Saudi Arabia Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- 7.6.3 South Africa
- 7.6.3.1 Key country dynamics
- 7.6.3.2 South Africa Composite Adhesive Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (KiloTons) (USD Million)
Chapter 8 Competitive Landscape
- 8.1 Company/Competition Categorization
- 8.2 Company Market Share Analysis, 2023
- 8.3 Company Heat Map Analysis
- 8.4 Strategy Mapping
- 8.4.1 Expansions
- 8.4.2 Mergers & Acquisition
- 8.4.3 Partnership
- 8.4.4 New Product Launches
- 8.5 Company Listing (Business Overview, Financial Performance, Product Benchmarking)
- 8.5.1 3M
- 8.5.2 Bostik
- 8.5.3 Dow
- 8.5.4 Henkel AG & Co. KGaA
- 8.5.5 H.B. Fuller Company
- 8.5.6 Huntsman International LLC
- 8.5.7 Illinois Tool Works Incorporation
- 8.5.8 Permabond LLC
- 8.5.9 Parker Hannifin Corp
- 8.5.10 Sika AG
Product Code: GVR-4-68039-051-1
List of Tables
- Table 1 List of Potential End-Users
- Table 2 List of Raw Material Suppliers
- Table 3 U.S. macro-economic outlay
- Table 4 Canada macro-economic outlay
- Table 5 Mexico macro-economic outlay
- Table 6 Germany macro-economic outlay
- Table 7 UK macro-economic outlay
- Table 8 France macro-economic outlay
- Table 9 Italy macro-economic outlay
- Table 10 Spain macro-economic outlay
- Table 11 China macro-economic outlay
- Table 12 India macro-economic outlay
- Table 13 Japan macro-economic outlay
- Table 14 South Korea macro-economic outlay
- Table 15 Brazil macro-economic outlay
- Table 16 Argentina macro-economic outlay
- Table 17 Saudi Arabia macro-economic outlay
- Table 18 South Africa Macro-Economic Outlay
- Table 19 Market Participant's Overview
- Table 20 Financial Performance
- Table 21 Product Benchmarking
- Table 22 Company Heat Map Analysis
- Table 23 Key Companies undergoing expansions.
- Table 24 Key Companies involved in M&As
- Table 25 Key Companies undergoing partnership.
- Table 26 Key Companies launching new products.
List of Figures
- Fig. 1 Composite Adhesive Market Segmentation & Scope
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Composite Adhesive Market Snapshot
- Fig. 7 Composite Adhesive Market Segment Snapshot
- Fig. 8 Composite Adhesive Market Competitive Landscape Snapshot
- Fig. 9 Global Adhesive & Composite Adhesive Market, 2023 (USD Billion)
- Fig. 10 Composite Adhesive Market - Value Chain Analysis
- Fig. 11 Composite Adhesive Market: Price Trend Analysis, 2018 - 2030 (USD/kg)
- Fig. 12 Composite Adhesive Market Dynamics
- Fig. 13 Global E.V. Car Sales - 2018 - 2030 (Thousand Unit)
- Fig. 1 Global Construction Industry Size, 2020 - 2022 (USD Trillion)
- Fig. 2 Composite Adhesive Market: PORTER's Analysis
- Fig. 3 Composite Adhesive Market: PESTLE Analysis
- Fig. 4 Composite Adhesive Market: Portfolio Analysis/ Kraljic Matric, By Raw Material
- Fig. 5 Composite Adhesive Market Estimates & Forecasts, by Product: Key Takeaways
- Fig. 6 Composite Adhesive Market Share, By Product, 2023 & 2030
- Fig. 7 Acrylic Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 8 Epoxy Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 9 Polyurethane Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 10 Cyanoacrylate Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 11 Other Products Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 12 Composite Adhesive Market Estimates & Forecasts, by Application: Key Takeaways
- Fig. 13 Composite Adhesive Market Share, By Application, 2023 & 2030
- Fig. 14 Composite Adhesive Market Estimates & Forecasts, in Automotive and Transportation 2018 - 2030 (USD Million)
- Fig. 15 Composite Adhesive Market Estimates & Forecasts, in Aerospace & Defense, 2018 - 2030 (USD Million)
- Fig. 16 Composite Adhesive Market Estimates & Forecasts, in Electrical & Electronics, 2018 - 2030 (USD Million)
- Fig. 17 Composite Adhesive Market Estimates & Forecasts, in Construction & Infrastructure, 2018 - 2030 (USD Million)
- Fig. 18 Composite Adhesive Market Estimates & Forecasts, in Other Applications, 2018 - 2030 (USD Million)
- Fig. 19 Composite Adhesive Market Revenue, by Region, 2023 & 2030 (USD Million)
- Fig. 20 North America Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 21 U.S. Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- Fig. 22 Canada Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 23 Mexico Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 24 Europe Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 25 Germany Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 26 UK Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 27 France Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 28 Italy Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 29 Spain Composite Adhesive Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 30 Asia Pacific Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 31 China Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 32 India Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 33 Japan Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 34 South Korea Composite Adhesive Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 35 Central & South America Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 36 Brazil Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 37 Argentina Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 38 Middle East & Africa Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 39 Saudi Arabia Composite Adhesive Market Estimates & Forecasts, 2018 - 2030 (Tons) (USD Million)
- Fig. 40 South Africa Composite Adhesive Market Estimates & Forecasts and Trend Analysis, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 41 Key Company/Competition Categorization
- Fig. 42 Key Company Market Share Analysis, 2023
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