The Structural Adhesives Market is segmented on the basis of Product Type and Application. Based on product type the market is segmented into Acrylic-based, Cyanoacrylate, Epoxy-based, Polyurethane-based and others. Based on application the market is segmented into Automotive, Marine, Building & Construction, Transportation, Aerospace, Electronic Components and Energy. The automotive industry has multiple applications owing to the presence of several dissimilar components.
The Structural Adhesives Market was worth USD 9.16 billion in 2014 and is expected to reach approximately USD 17.02 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.13% during the forecast period. A structural adhesive is one that can be utilized to create a load-bearing joint. Nonetheless, the term is regularly associated with those adhesives that are used for engineering applications where joints will commonly have lap shear strengths of more prominent than 1MPa and ordinarily, more than 10MPa. Adhesives that don't commonly provide such structural function are called sealants. Frequently however, the difference between a sealant and a structural adhesive is obscured as it relies upon the loading of the joint and the end use.
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Being the hardest and most flexible structural adhesives, polyurethane-based cements are foreseen to display generous request over the projection time frame, thereby boosting the development of the market. The market will encounter development inferable from its unique capacity to offer extraordinary security quality and quick curing speed for dissimilar and comparative substrates in the automobile business. The product is formulated to reduce the vehicle weight and enhance the security and execution. Product manufacturers make extraordinary performance products for automobile applications, utilized for exterior and interior applications of vehicles, for example, hoods, deck lid flanges, doors, interior dashboards, and roof panels. Expanding per capita income and enhanced standards of living among youth in rising economies has impelled the automobile market since the monetary downturn. Expanding awareness about mileage and light weight vehicles will reinforce the general structural adhesives market.
Market Segmentation: The Structural Adhesives Market is segmented on the basis of Product Type and Application. Based on product type the market is segmented into Acrylic-based, Cyanoacrylate, Epoxy-based, Polyurethane-based and others. Based on application the market is segmented into Automotive, Marine, Building & Construction, Transportation, Aerospace, Electronic Components and Energy. The automotive industry has multiple applications owing to the presence of several dissimilar components.
Regional Outlook and Trend Analysis: Asia Pacific will be a promising locale in structural adhesives market over the forecast period. India and China enlisted increasing construction spending through government activities and private ventures. Numerous automobile giants are building up their manufacturing base in developing economies of Asia Pacific because of abundance of cost effective labours. Exceedingly develop shipbuilding businesses in South Korea, China and Japan will likewise drive the regional market. Asia Pacific enlisted more than USD 2 billion for the general structural adhesives market in 2015 and will thrive at a sound rate in the coming years.
Competitive Insights: The leading players in the market are Huntsman Corporation, 3M, Lord Corporation, Dow Chemical Company, Sika AG, Arkema and Henkel. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
...
Chapter 2. Executive Summary
2.1. Key Highlights
...
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
...
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook
4.1.2. Canada Market States and Outlook
4.1.3. Mexico Market States and Outlook
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook
4.2.2. France Market States and Outlook
4.2.3. UK Market States and Outlook
4.2.4. Russia Market States and Outlook
4.2.5. Italy Market States and Outlook
4.2.6. Rest of Europe Market States and Outlook
...
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
...
Chapter 2. Executive Summary
2.1. Key Highlights
...
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
...
Chapter 4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook
4.1.2. Canada Market States and Outlook
4.1.3. Mexico Market States and Outlook
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook
4.2.2. France Market States and Outlook
4.2.3. UK Market States and Outlook
4.2.4. Russia Market States and Outlook
4.2.5. Italy Market States and Outlook
4.2.6. Rest of Europe Market States and Outlook
...
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Our research services help transform clients’ organizational data into intelligence to support fact based business decisions. We offer best in industry consultation services by a group of experts to advice our clients on growing their business portfolio. We understand unique requirements of our clients so as to provide tailored - made research services. We focused on maintaining long lasting relationship with our clients by catering to their research requirements and providing them with consulting services. We highly respect our client’s confidentiality by adherence to advanced methods for data security and privacy.
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