Global Structural Adhesives Market Projected to Grow to 7,862 Kilotons by 2021: Technavio

June 13, 2017

LONDON–(BUSINESS WIRE)–#Adhesives–According to the latest market study released by Technavio,
the global
structural adhesives market is projected to grow to 7,862
kilotons by 2021, at a CAGR of nearly 6% over the forecast period.


This research report titled ‘Global
Structural Adhesives Market 2017-2021’ provides an in-depth
analysis of the market in terms of revenue and emerging market trends.
This market research report also includes up to date analysis and
forecasts for various market segments and all geographical regions.

 
Structural adhesives are adhesives used to bond wood, plastic,
composites, metals, and other materials. They are available in
different forms, including low viscosity liquid and non-sag pastes.
The growth of the market is expected to be driven by various factors
including an increase in urbanization and infrastructure investment,
increasing demand for lightweight automobiles, and growing demand
for bio-based adhesives.
 

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Based on the product type, the report categorizes the global structural
adhesives market into the following segments:

  • Urethane structural adhesives
  • Epoxy structural adhesives
  • Acrylic structural adhesives
  • Cyanoacrylate structural adhesives
  • Other structural adhesives

The top three revenue-generating product segments in the global
structural adhesives market are discussed below:

Urethane structural adhesives

“Urethane structural adhesives occupied a majority share of over
57% of the global market in 2016 and is expected to retain its shares
over the forecast period. Their notable adhesion to various substrates
drive their adoption for sealing and bonding concrete floors and edges,”
says Hitesh Bhatia, a lead analyst at Technavio for additives,
adhesives, and sealants research.

Urethane structural adhesives are two-component adhesives that exist in
medium liquid to paste state. These adhesives dry easily and form a
tough bond. They are less resistant to high temperatures and solvents
and are also sensitive to moisture. Urethane structural adhesives are
commonly used for bonding wood, concrete, thermoplastics, thermosets,
rubber, composites, and primed metals.

Epoxy structural adhesives

The global epoxy structural adhesives market is estimated to grow at a
CAGR of more than 6%, which is faster than all the other segments. The
epoxy structural adhesives are available as both two-part (that cure
upon mixing the two components) and one-part adhesives (that cure with
temperature). These adhesives offer excellent resistance to high
temperatures and solvents, leading to their adoption in the bonding of
prepared metals, concrete, rubber, thermosets, wood, and composites.
They are widely used in the aerospace and automotive industries owing to
their high strength, adhesion, and modulus.

Acrylic structural adhesives

“Acrylic structural adhesives are two-part adhesives that exist in
medium liquid to paste form. High cure through depth, curing at room
temperature, resistance to harsh environmental conditions, acceleration
of cure using heat, good bonding to light or moderately contaminated
surfaces, and high impact strength are some of the advantages of using
acrylic adhesives,” says Hitesh.

The acrylic structural adhesives have a high tolerance for oily and
unprepared surfaces. Furthermore, the new forms of this type of
adhesives have low odor, a long shelf life, and more room temperature
stability. These adhesives also provide good bond strength and
durability, though little less than epoxy adhesives.

The top vendors highlighted by Technavio’s research analysts in this
report are:

  • 3M
  • Arkema
  • Ashland
  • The Dow Chemical Company
  • Henkel
  • Sika

Browse Related Reports:

Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like specialty
chemicals, olefins,
and industrial
gases. This subscription nets you thousands in savings, while
staying connected to Technavio’s constant transforming research library,
helping you make informed business decisions more efficiently.

About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com