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.
Structural Adhesives Market Overview:
The research “ Structural Adhesives Market” seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Structural Adhesives Market by Product Type, Application, Key Manufacturers, and Several Key Regions.
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Structural Adhesives Market Scope:
The research focuses on the Structural Adhesives market’s growth prospects, constraints, and market analyses. The research employs Porter’s five forces analysis of the Structural Adhesives industry to assess the impact of several variables on Structural Adhesives market trends, including supplier bargaining power etc
Structural Adhesives Market Drivers:
Adhesives are in high demand for wind energy and building & construction applications.
Demand for high-quality goods is growing as a result of the developing middle class, changing lifestyles, and growing living standards in China, India, and Mexico.
New applications including exterior insulation systems, carpet adhesives, tiling adhesives, and wallpaper are fueling the demand for structural adhesives in the building industry. The main uses of construction adhesives are in panels, wallboard, and floor systems. These adhesives are used to prevent nail or screw head stains from appearing on the exterior of walls. Curtain wall panels and insulating glass modules are fixed in place using construction adhesives. The growth in population, urbanization and growing affluence in India and other developing nations like Brazil, China, Indonesia, and Vietnam is principally responsible for the increasing need for permanent, non-slum housing globally.
Structural Adhesives Market Segmentation:
by Product
Urethanes
Epoxy
Acrylic
Cyanoacrylic
Others
by Technology
Water-based
Solvent-based
Others
by Application
Transportation
Construction
Consumer Appliances
Furniture
Others
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Structural Adhesives MarketKey Players: the key players are
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)
Regional Analysis:
The report has assessed the global Structural Adhesives market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Structural Adhesives Market:
The global repercussions of the coronavirus disease 2019 (COVID-19) are already being seen, and they will have a significant impact on the Structural Adhesives market in 2021. The COVID-19 outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; the declaration of a state of emergency in over thirty countries; a massive slowdown in the supply chain; the stock market; falling businesses, growing panic among the people, and uncertainty about the future.
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Key Questions answered in the Structural Adhesives Market Report are:
- Which key trends are likely to emerge in the Structural Adhesives market in the forecast period?
- What will be the Structural Adhesives market size by 2027?
- Which company had the biggest share in the Structural Adhesives market in 2020?
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