Cyanoacrylate adhesive is a special type of glue which has an exclusive property of quick bonding of metal, plastics, skin, etc. The cyanoacrylate adhesive is obtained from the process of curing of acrylic monomer. It is the combination of thermoplastic agents or compounds. It has a unique physical property of only sticking to wet surfaces. The three types of cyanoacrylate which are widely used are methyl cyanoacrylate, butyl cyanoacrylate, and octyl cyanoacrylate. Cyanoacrylate adhesives are available in the trade name of Loctite 401, fevikwik 203, etc. Various industries such as automobiles, aerospace, defence, furniture, machinery, etc. are widely used throughout the industry.
MARKET DYNAMICS
The global cyanoacrylate adhesive market is growing at a significant pace owing to driving factors such as increasing demand from medical industry for attaching the thread with the needle. Furthermore, Increasing applications in various industries such as automobile, aircraft, etc due to its permanent bonding properties is likely to drive the demand for cyanoacrylate adhesive in the coming years. However, stagnant development and low research on cyanocrylate adhesives is projected to hinder the growth of cyanoacrylate adhesive market. Likewise, high support from governemtal support due to its benefit of reusing plastics may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Cyanoacrylate Adhesive Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the cyanoacrylate adhesive market with detailed market segmentation byproduct type, end-use, and geography. The global cyanoacrylate adhesive market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cyanoacrylate adhesive market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cyanoacrylate adhesive market is segmented on the basis of product type, and end-use. On the basis of product type, the cyanoacrylate adhesive market is segmented into, alkoxy ethyl-based, ethyl ester-based, methyl ester-based and other product types .On the basis of end-use, the market is bifurcated into, transportation, footwear and leather, furniture, consumer goods, healthcare, electronics and other end-uses.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global cyanoacrylate adhesive market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cyanoacrylate adhesive market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cyanoacrylate adhesive market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the cyanoacrylate adhesive market in these regions.
MARKET PLAYERS
The reports cover key developments in the cyanoacrylate adhesive market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from cyanoacrylate adhesive market are anticipated to lucrative growth opportunities in the future with the rising demand for cyanoacrylate adhesive in the global market. Below mentioned is the list of few companies engaged in the cyanoacrylate adhesive market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cyanoacrylate adhesive market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3m
- Arkema Group
- Chemence
- Dupont De Nemours Inc.
- H.B. Fuller Company
- Henkel Ag & Co. Kgaa.
- Jowat Se.
- Master Bond Inc.
- Permabond Llc.
- Pidilite Industries Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.