Global Composite Adhesive Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027
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7781
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May 2023
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153
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This report was compiled by Shreyas Rokade Shreyas Rokade is a seasoned Research Analyst with CMFE, bringing extensive expertise in market research and consulting, with a strong background in Chemical Engineering. Correspondence Team Lead-CMFE Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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“Global Composite Adhesive Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global composite adhesive market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global composite adhesive market report has been segmented on the basis of component, form, product type, end-use industries, and region.
Introduction
Composite adhesives are substance applied to bind composites and to various different substrates. Composite adhesives are available in various forms such as paste, liquid, and film. Composite adhesives are categorized into two types components such as one-component and two-component. Two-component adhesives are manufacture using hardener and resin and can be cured at elevated temperatures or room temperature. One component adhesives are premixed and cured only at elevated temperatures (typically 250-300°F). In addition, composite adhesives offer peerless performance and high mechanical strength even at extreme conditions. Moreover, various types of resins such as acrylic, epoxy, polyurethane, polyimide, phenolic, methyl methacrylate, silicone, cyanoacrylate, and others are utilized to make various types of adhesives.
The epoxy adhesives offer superior bonding strength with numerous types of substrate, enhanced strength and durability with low shrinkage, heat & weather resistance, superior chemical, and superior electrical insulation properties. Furthermore, polyurethane adhesives are used for marine applications due to its ability to bond in high moisture conditions, enhance bonding with a non-porous substance such as high UV resistance, wood, and low VOC content. Methyl methacrylate adhesives offer excellent adhesion, faster curing, and material forms thermoplastic with excellent resistance to peel, shear, and impact stresses.
Dynamics
Increasing demand for composite adhesive across various end-use industries such as automotive & transportation, aerospace, and construction is major factor expected to drive growth of the global market over the next 10 years. In addition, increasing application scope in marine industry is another factor expected to support revenue growth of the global market over the next few years. In addition, numerous advantages offered by composite adhesive such as high UV resistance, wood, low VOC content, and others are among some factor expected to boost adoption of these products, which in turn projected to drive growth of the potential market over the next 10 years. In addition, composite adhesive has various application in numerous industrial sectors with enhanced efficiency, which in turn expected to drive growth of the potential market in the next 10 years.
Region Analysis
North America composite adhesive market is expected to account for significant share in terms of revenue in the global composite adhesive market. In addition, the Asia Pacific market is anticipated to register fastest growth in terms of revenue over the next few years, owing to increasing demand from automotive & transportation and construction industries in countries in this region. Moreover, increasing investments by public manufacturers in Asia Pacific region and rising demand from different end-use application segments are other factors projected to drive growth of the Asia Pacific market in the next 10 years. The market in India is projected to account for significant share in terms of revenue in the Asia Pacific. Moreover, rising awareness regarding different properties offered by these adhesives among manufacturers in countries in this region are other factors driving growth of end-use industries, which in turn is expected to propel growth of the global market in this region.
Global Composite Adhesive Market Segmentation:
Segmentation by component:
- One component
- Two component
Segmentation by form:
- Liquid
- Paste
- Film
Segmentation by product type:
- Epoxy
- Acrylic
- Polyurethane
- Others (methyl methacrylate, polyimide, phenolic, cyanoacrylate, and silicone)
Segmentation by end-use industries:
- Automotive & transportation
- Construction
- Aerospace
- Healthcare
- Marine
- Others (electrical & electronics, wind energy, and military & defense)
Segmentation by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Henkel AG & Co. KGaA
- Sika AG
- 3M Company
- The DOW Chemical Company
- Huntsman International LLC
- LORD Corporation
- Illinois Tool Works Inc.
- Ashland Global Holdings Inc.
- Bostik SA
- B. Fuller Company
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