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Global Structural Adhesives Market 2023

DESCRIPTION

TABLE OF CONTENTS

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DESCRIPTION

The global structural adhesive market is likely to register a CAGR of over 5.3% with an incremental growth of USD 4.8 billion during the forecast period 2023-2029. Structural adhesives bond surfaces through adhesion using resins and hardeners. The building and construction sector drives the current and future demand, fueled by population growth, remodeling projects, commercial spaces, and road construction. APAC is expected to be the major revenue generator, with the building and construction industry as the largest consumer. Acrylic and epoxy adhesives are the fastest-growing resin types. Water-based adhesives show positive growth, supported by the building and furniture industries. APAC, particularly India, China, and Japan, experiences growth due to infrastructure development and demand from semiconductor and automotive industries. Europe is the second-largest consumer, driven by automotive, transportation, and electronics sectors.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global structural adhesive market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors approaches.

Market Segmentation
Resin type: acrylic, cyanoacrylate, epoxy, polyurethane, others
Technology: solvent-based, water-based, others
End user: aerospace, automotive, building and construction, wind energy, others
Region: Asia-Pacific, Europe, North America, Rest of the World (RoW)

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the resin type, technology, end user, and region. The global market for structural adhesive can be segmented by resin type: acrylic, cyanoacrylate, epoxy, polyurethane, others. According to the research, the epoxy segment had the largest share in the global structural adhesive market. Structural adhesive market is further segmented by technology: solvent-based, water-based, others. In 2022, the water-based segment made up the largest share of revenue generated by the structural adhesive market. Based on end user, the structural adhesive market is segmented into: aerospace, automotive, building and construction, wind energy, others. Among these, the building and construction segment was accounted for the highest revenue generator in 2022.

On the basis of region, the structural adhesive market also can be divided into: Asia-Pacific, Europe, North America, Rest of the World (RoW). Asia-Pacific is the largest consumer of structural adhesives, with a market value exceeding $5 billion in 2022. China, India, and Japan are major contributors, with China being the largest market due to extensive production facilities and ample raw materials. Germany has the largest share in the global market and is expected to grow at a CAGR of 5.8% due to factors like low-interest rates and a growing population supporting the construction sector. The North American market is mature but expected to experience significant growth, with a $1.5 billion increase between 2023 and 2029, driven by demand from the automotive industry, particularly in Canada. Latin America, benefiting from access to raw materials and proximity to major markets, holds a 5.4% market share and has seen growth in sectors like automotive, packaging, and aerospace.

Major Companies and Competitive Landscape
The report also provides analysis of the key companies of the industry and their detailed company profiles including Ashland Global Specialty Chemicals Inc., BASF SE, Bostik SA (Arkema S.A.), Covestro AG, DuPont de Nemours, Inc., Dymax Corporation, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, Illinois Tool Works Inc. (ITW), Jowat Corporation, Mapei S.p.A., Master Bond Inc., Momentive Inc., Parker Hannifin Corp. (LORD Corporation), Permabond LLC, Pidilite Industries Limited, Power Adhesives Ltd., Sika AG, Structural Adhesives Ltd., The 3M Company, The Dow Chemical Company, ThreeBond Holdings Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global structural adhesive market.
To classify and forecast the global structural adhesive market based on resin type, technology, end user, region.
To identify drivers and challenges for the global structural adhesive market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global structural adhesive market.
To identify and analyze the profile of leading players operating in the global structural adhesive market.

Why Choose This Report
Gain a reliable outlook of the global structural adhesive market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.
Companies Mentioned

Ashland Global Specialty Chemicals Inc., BASF SE, Bostik SA (Arkema S.A.), Covestro AG, DuPont de Nemours Inc., Dymax Corporation, H.B. Fuller Company, Henkel AG & Co. KGaA, Huntsman Corporation, Illinois Tool Works Inc. (ITW), Jowat Corporation, Mapei S.p.A., Master Bond Inc., Momentive Inc., Parker Hannifin Corp. (LORD Corporation), Permabond LLC, Pidilite Industries Limited, Power Adhesives Ltd., Sika AG, Structural Adhesives Ltd., The 3M Company, The Dow Chemical Company, ThreeBond Holdings Co. Ltd.

TABLE OF CONTENTS

PART 1. INTRODUCTION
1.1 Description
1.2 Objectives of The Study
1.3 Market Segment
1.4 Years Considered for The Report
1.5 Currency
1.6 Key Target Audience
PART 2. RESEARCH METHODOLOGY
2.1 Primary Research
2.2 Secondary Research
PART 3. EXECUTIVE SUMMARY
PART 4. MARKET OVERVIEW
4.1 Introduction
4.2 Drivers
4.3 Restraints
PART 5. GLOBAL STRUCTURAL ADHESIVES MARKET BY RESIN TYPE
5.1 Acrylic
5.2 Cyanoacrylate
5.3 Epoxy
5.4 Polyurethane
5.5 Others
PART 6. GLOBAL STRUCTURAL ADHESIVES MARKET BY TECHNOLOGY
6.1 Solvent-based
6.2 Water-based
6.3 Others
PART 7. GLOBAL STRUCTURAL ADHESIVES MARKET BY END USER
7.1 Aerospace
7.2 Automotive
7.3 Building and construction
7.4 Wind energy
7.5 Others
PART 8. GLOBAL STRUCTURAL ADHESIVES MARKET BY REGION
8.1 Asia-Pacific
8.2 Europe
8.3 North America
8.4 Rest of the World (RoW)
PART 9. COMPANY PROFILES
9.1 Ashland Global Specialty Chemicals Inc.
9.2 BASF SE
9.3 Bostik SA (Arkema S.A.)
9.4 Covestro AG
9.5 DuPont de Nemours, Inc.
9.6 Dymax Corporation
9.7 H.B. Fuller Company
9.8 Henkel AG & Co. KGaA
9.9 Huntsman Corporation
9.10 Illinois Tool Works Inc. (ITW)
9.11 Jowat Corporation
9.12 Mapei S.p.A.
9.13 Master Bond Inc.
9.14 Momentive Inc.
9.15 Parker Hannifin Corp. (LORD Corporation)
9.16 Permabond LLC
9.17 Pidilite Industries Limited
9.18 Power Adhesives Ltd.
9.19 Sika AG
9.20 Structural Adhesives Ltd.
9.21 The 3M Company
9.22 The Dow Chemical Company
9.23 ThreeBond Holdings Co., Ltd.
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