PUBLISHER: Value Market Research | PRODUCT CODE: 1361786
PUBLISHER: Value Market Research | PRODUCT CODE: 1361786
The global demand for Structural Adhesives Market is presumed to reach the market size of nearly USD 34.98 MN by 2030 from USD 18.35 MN in 2022 with a CAGR of 8.4% under the study period 2023 - 2030.
Structural adhesives are used to link materials such as metals, composites, thermoplastics, and others. Structural adhesives are also called as load-bearing adhesives since they can harden on the surface and keep two different surfaces together by hardening between them. These adhesives are usually used in clutch plates, brakes, window glass attachments, doors, and other parts.
The increasing demand for structural adhesives in the aerospace industry will influence the growth rate of the structural adhesives market. The demand for adhesives is on a rise in the construction and wind energy application and the surging adoption of the product in the automobile industry are the key factors driving the demand for structural adhesives market. Another key factor driving the market is rapid industrialization and increasing urbanization. Furthermore, strong demand from various end-user industries and technical innovations will enhance the growth rate of the structural adhesives market. The growth in lightweight and low carbon-emitting vehicles will influence the market growth of structural adhesives. Additionally, growing government spending and untapped potential in emerging markets will create beneficial opportunities for developing the structural adhesives market. However, fluctuating raw materials prices will hamper the structural adhesives market's growth rate.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of structural adhesives. The growth and trends of structural adhesives industry provide a holistic approach to this study.
This section of the structural adhesives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Structural Adhesives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the structural adhesives market include Henkel (Germany), Huntsman (US), 3M (US), H.B. Fuller (US), Sika (Switzerland), Illinois Tool Works (US) DuPont (US), Bostik (An Arkema Company) (France), Ashland (US), LORD Corporation (US), MAPEI (Italy), Hubei Huitian New Materials Co. Ltd. (China), Scott Bader (UK), Master Bond (US), Parson Adhesives (US), DELO (Germany), Dymax (US), Hernon Manufacturing (US), WEICON (Germany), Panacol- Elosol (Germany), UniSeal (US), Ried B.V (Netherlands),Bader (UK), Permabond (UK), SCIGRIP (US), L&L Products (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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