Published Date: April 2024
Epoxy Adhesives market is projected to grow from US$ 21.8 Billion by 2034 to US$ 10.2 Billion in 2024 . Increasing urbanization results in the growth in the construction industry which drives the growth for the target market. Because they are used widely in the construction industry to join construction elements together or protect the underlying surfaces from dirt and moisture and for many more purpose. Moreover the extensive application of adhesives in automotive, semiconductor, and aerospace industry are boosting the demand for the target market. However, toxic fumes are produced during the use of epoxy adhesive restrain the market growth.
The report "Epoxy Adhesives Market By Product Type (One-component, and Two-component), End-user Industry (Aerospace and Defense, Automotive, Marine, Electrical and Electronics, Construction, Energy and Power, and Other End-user Industries), and Region - Forecast to 2034".
Key Highlights:
- In November 2018 Alfa International announces E10-101, a two-part pure silver-filled electrically conductive epoxy designed for electronic bonding and sealing applications that require both fine electrical and mechanical properties
Key Market Insights from the report:
The Epoxy Adhesives market accounted for US$ 21.8 Billion by 2034 and is projected to register a moderate CAGR of 8.80% over the forecast period. The market report has been segmented based on product type, by end-user industry, and region.
- Product type Epoxy Adhesives market is classified into one-component, and two-component),
- end-user industry Epoxy Adhesives market is classified into aerospace and defence, automotive, marine, electrical and electronics, construction, energy and power, and other end-user industries
- By region, APAC is expected witness for highest CAGR over the forecast period. Owing to rapid urbanization and there is growing government and private-sector investments in infrastructure development. This will boost the building & construction industry in countries such as China, and India in the region.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Epoxy Adhesives Market, By Product Type (One-component, and Two-component), End-user Industry (Aerospace and Defense, Automotive, Marine, Electrical and Electronics, Construction, Energy and Power, and Other End-user Industries), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - forecast till 2034
The key players operating the Epoxy Adhesives market involves includes 3M Co., AdCo UK Limited, Adhesive Technologies Corp., Alfa International Corporation, American Chemical Inc., Arkema Group (Bostik SA), Ashland Inc., Benson Polymers Ltd, Collano Adhesives AG, and DELO Industrial Adhesives. The key player in the market is focusing on research and development for driving new application.
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