Structural Adhesive Market
The global structural adhesive market is expected to register a CAGR of approximately 7.3% during 2018-2023 (the forecast period). The increasing demand for structural adhesives from the construction and automotive sectors is expected to boost market growth. In addition, increasing investments in the developing regions of Asia-Pacific are expected to drive the market.
Private Investments Driving the Market
The major driver for the structural adhesives market is the increase in investment in the developing economies of Asia-Pacific in various end-user industries, like construction, automotive, wind, etc. Countries, like India and ASEAN, are showing an increase in private investment, along with government policies to uplift the local adhesives producers, and helping them increase their base overseas, thereby, driving the market studied.
“Epoxy” The Dominant Segment of Structural Adhesive Market
The market is segmented on the basis of resin type and end-user industry. Based on resin type, epoxy has high demand, mainly due to their excellent intrinsic properties, like resistance to chemicals, low shrinkage values, and low VOC release during curing. Also, their usage has been increased in various niche applications, where excellent bonding strength is required. Based on the end-user industry, construction is the largest end user and is expected to dominate the market during the forecast period, as a result of the increasing construction activities in China, India, etc.
Asia-Pacific Leads the Structural Adhesive Market
Asia-Pacific is the largest market for structural adhesives and is expected to increase in the forecast period, due to the demand from economies, like India, China, Japan, South Korea, etc., due to the increasing investments in end-users industries, such as construction, automotive, aerospace, etc. Also, significant shipbuilding activities in China and Korea are also expected to drive the demand in the Asia-Pacific region. In addition, factors, like urbanization and rising per capita income in these countries, have also bolstered the growth.
Notable Developments in the Structural Adhesive Market
- October 2017: H B Fuller has completed the acquisition of Royal Adhesives & Sealants for USD 1.575 billion.
Structural Adhesive Market Major Players:
- Henkel AG
- 3M
- Ashland
- Lord Corporation
- Hubei Huitian Adhesive Enterprise Co.
- ITW
- DOW Chemical Company
- SIKA AG
- Scott Bader
- Arkema
Reason to Purchase Structural Adhesive Market Report
- Current and future global structural adhesive market outlook in the developed and emerging markets
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis
- Segment that is expected to dominate the market
- Regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3 months analyst support, along with the Market Estimate sheet (in excel)
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1. Introduction
1.1 Scope of the Report
1.2 Research Phases
1.3 Study Deliverables
2. Executive Summary
3. Structural Adhesive Market Insights
3.1 Industry Value Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Force Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1 Structural Adhesive Market Drivers
4.1.1 Increase in Investments in Developing Economies in Asia-Pacific
4.1.2 Increasing Demand from the Construction and Automotive Sectors
4.1.3 Other Drivers
4.2 Structural Adhesive Market Restraints
4.2.1 Growing Environmental and Health Concerns
4.2.2 Other Restraints
4.3 Structural Adhesive Market Opportunities
4.3.1 Growing Research on Underwater Structural Adhesives
4.3.2 Other Opportunities
5. Market Segmentation and Analysis - (Market size, Growth, and Forecast)
5.1 Structural Adhesive Market By Resin Type
5.1.1 Epoxy
5.1.2 Polyurethane
5.1.3 Acrylic
5.1.4 Cyanoacrylate
5.1.5 Others (Including Methyl Methacrylate, etc.)
5.2 Structural Adhesive Market By End-user Industry
5.2.1 Construction
5.2.2 Automotive
5.2.3 Aerospace
5.2.4 Wind Energy
5.2.5 Others (Including Marine, etc.)
6. Structural Adhesive Market Regional Analysis (Market size, Growth, and Forecast)
6.1 Asia-Pacific Structural Adhesive Market Size (2018-2023)
6.1.1 China Structural Adhesive Market Size (2018-2023)
6.1.2 India Structural Adhesive Market Size (2018-2023)
6.1.3 Japan Structural Adhesive Market Size (2018-2023)
6.1.4 South Korea Structural Adhesive Market Size (2018-2023)
6.1.5 Rest of APAC
6.2 Europe Structural Adhesive Market Size (2018-2023)
6.2.1 Germany Structural Adhesive Market Size (2018-2023)
6.2.2 United Kingdom Structural Adhesive Market Size (2018-2023)
6.2.3 France Structural Adhesive Market Size (2018-2023)
6.2.4 Italy Structural Adhesive Market Size (2018-2023)
6.2.5 Spain Structural Adhesive Market Size (2018-2023)
6.2.6 Rest of Europe
6.3 North America Structural Adhesive Market Size (2018-2023)
6.3.1 United States Structural Adhesive Market Size (2018-2023)
6.3.2 Canada Structural Adhesive Market Size (2018-2023)
6.3.3 Mexico Structural Adhesive Market Size (2018-2023)
6.3.4 Rest of North America
6.4 South America Structural Adhesive Market Size (2018-2023)
6.4.1 Brazil Structural Adhesive Market Size (2018-2023)
6.4.2 Argentina Structural Adhesive Market Size (2018-2023)
6.4.3 Rest of South America
6.5 Middle East & Africa Structural Adhesive Market Size (2018-2023)
6.5.1 Saudi Arabia Structural Adhesive Market Size (2018-2023)
6.5.2 South Africa Structural Adhesive Market Size (2018-2023)
6.5.3 Rest of MEA
7. Future of the Structural Adhesive Market
8. Structural Adhesive Market Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis**
8.3 Strategies Adopted by Leading Players
9. Structural Adhesive Market Company Profiles (Overview, Financials**, Products & Services, Recent Developments)
9.1 3M Company
9.2 Acralock
9.3 Arkema
9.4 Ashland
9.5 Bondloc
9.6 Cabot Corporation
9.7 Daubert Chemical
9.8 DowDuPont
9.9 Forgeway Ltd
9.10 H.B. Fuller
9.11 Henkel AG
9.12 LORD Corporation
9.13 Resinova Chemie Ltd
9.14 Royal Adhesives & Sealants
9.15 RS Industrial
9.16 Scott Bader
9.17 SIKA Group
9.18 Uniseal
9.19 Vital Technical
*List not exhaustive
10. Disclaimer
*Subject to availability on the public domain
