MARKET OVERVIEW
The structural adhesives market refers to the market for adhesives that are used to bond two or more materials together in a permanent manner to provide strength and stability to the structure. These adhesives are widely used in various industries, including construction, automotive, and consumer goods, due to their ability to bond materials securely and withstand harsh environmental conditions. The growing demand for lightweight and durable products is driving the need for structural adhesives, and the market is expected to grow significantly in the coming years.Â
MARKET DYNAMICS
The structural adhesives market is anticipated to grow in the forecast period owing to improvements in the quality of structural adhesives coupled with the growing trend for lightweight and low carbon emitting vehicles. Increasing penetration of composites and the pent up demand for adhesives in building & construction and wind energy applications have boosted the growth of the structural adhesives market. However, different characteristic limitations of various adhesives restrict the growth of the structural adhesives market. On the other hand, increasing demand for non-hazardous, green, and sustainable structural adhesives are likely to showcase growth opportunities for the structural adhesives market during the forecast period.
MARKET SCOPE
The "Global Structural Adhesives 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 structural adhesives market with detailed market segmentation by resin, substrate, applications, and geography. The global structural adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading structural adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global structural adhesives market is segmented on the basis of resin, substrate and applications. Based on resin, the market is segmented as epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others. The strutural adhesives market on the basis of substrate is classified into metals, plastics, wood, composites, and others. On the basis of application, the market is segmented as building & construction, automotive, aerospace, wind energy, marine, rail, and other applications.
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 structural adhesives 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 & Central America. The structural adhesives 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 structural adhesives 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 & Central America after evaluating political, economic, social and technological factors affecting the structural adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the structural adhesives 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 the way for the expansion of business and customer base of market players. The market payers from structural adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for structural adhesives in the global market. Below mentioned is the list of few companies engaged in the structural adhesives market.
The report also includes the profiles of key structural adhesives companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- 3M
- Ashland
- Bostik
- H.B. Fuller
- Henkel AG & Co. KGaA
- Huntsman International LLC.
- Illinois Tool Works Inc.
- Lord Corporation
- Sika AG
- The DOW Chemical Company
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.