The global Structural Adhesives market was valued at US$ 11820 million in 2020 and it is expected to reach US$ 15900 million by the end of 2027, growing at a CAGR of 3.9% during 2021-2027.
Structural adhesives provide strength and a durable bond with wide applications, mainly in construction, automotive, aerospace, and marine and wind energy.
Structural adhesives market will witness growth owing to its unique ability to offer exceptional bond strength and fast curing speed for dissimilar and similar substrates in the automobile industry. The product is formulated to lower the vehicle weight and improve the safety & performance. Product manufacturers make special performance products for automobile applications, used for interior and exterior applications of vehicles such as deck lid flanges, hoods, interior dashboards, doors, and roof panels. Increasing per capita income and improved living standards amongst youth in emerging economies has propelled the automobile market since the economic downturn. Increasing awareness about fuel economy and light weight vehicles will bolster the overall structural adhesives market.
Global Structural Adhesives Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Structural Adhesives Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are HENKEL, ASHLAND, SIKA, ARKEMA, 3M, DOW CHEMICAL COMPANY, LORD CORPORATION, ILLINOIS TOOL WORKS, SCOTT BADER and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-structural-adhesives-market-outlook
Segment by Type
- Methyl Methacrylate
Segment by Application
- Wind Energy
Table of Content:
1 Structural Adhesives Market Overview
2 Market Competition by Manufacturers
3 Production and Capacity by Region
4 Global Structural Adhesives Consumption by Region
5 Production, Revenue, Price Trend by Type
6 Consumption Analysis by Application
7 Key Companies Profiled
8 Structural Adhesives Manufacturing Cost Analysis
9 Marketing Channel, Distributors and Customers
10 Market Dynamics
11 Production and Supply Forecast
12 Consumption and Demand Forecast
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Erik Brady is a news media and fitness professional with a strong experience in online journalism as well as he is a well-known fitness instructor. He strength includes knowledge of sports, health, yoga, meditation, and proficiency. From a young age, Erik has interest in Football and he is BundesPremierLeague Contributor.