Structural adhesives are special types of adhesives specially designed to bind nearly all thermoplastics, composite materials, and metals, other dissimilar substrates. These structural adhesives are used in many application including transportation, automotive, marine, HVAC, construction, wind energy, and industrial assemblies. As structural adhesives offers significant advantages over other methods of fastening so there use is increasing in aerospace and many other applications.
Structural Adhesives Market: Drivers and Restraints
The rising demand of structural adhesives in the growing automotive, and aerospace applications is driving the global structural adhesives market. Substantial growth in Asia Pacific region because of the increasing population and awareness about high quality products are expected to drive the structural adhesive market. The building and construction application segment is one the major segment for the consumption of structural adhesives. The demand from construction of dams, airports, bridges, railroad crossings, tunnelling, and other infrastructural activities are fuelling the demand for structural adhesives. Epoxy is majorly used resin type of structural adhesive and its demand is expected to grow at a significant rate during the forecast period. Epoxy is widely used structural adhesive especially in niche applications where exceptional bonding strength is required.
Structural Adhesives Market: Segmentation
On the basis of Material Type,
On the basis of Application Type,
Construction & Building
Structural Adhesives Market: Region Wise Outlook
The global Structural Adhesives Market is segmented into the seven key regions: North America, Latin America, Western Europe, and Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). APEJ and Japan together leads the global Structural Adhesives Market in terms of demand, followed by North America and Western Europe. The high demand from APEJ region is likely to become a major driver for global structural adhesives market. This is mainly due to rising demand from automotive, bus & truck, building and construction, and aerospace applications. Rising population in the region, competition of manufacturers to make high quality products, and growing innovations and developments in end use industries are making the region as a strategic destination for the global structural adhesives market.
Structural Adhesives Market: Key Players
Hubei Huitian Adhesive Enterprise Co.
Dow Chemical Company
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
Supply & Demand
Competition & Companies involved
Regional analysis includes
North America (U.S., Canada)
Latin America (Brazil, Mexico, Rest Of Latin America)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.