Epoxy Adhesives Market, 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) - Trends, Analysis and Forecast till 2034

Report Code: PMI401920 | Publish Date: April 2024 | No. of Pages: 180

Global Epoxy Adhesives Market Product Overview

Epoxy Adhesives Market was valued at US$ 10.2 Billion in 2024 and is projected to grow at a CAGR of 8.80% to reach US$ 21.8 Billion by 2034.

Epoxy adhesives one of the most versatile polymer types and they combine numerous desirable properties including adhesive strength, thermal stability, reparability, dielectric properties, and retention of the properties under high thermomechanical stresses and environmental exposures such as humidity. Epoxy adhesives are widely used in construction and manufacturing, in construction it is used to join elements together or protect the underlying surfaces from dirt and moisture. Also used in fibreglass repairs, carpentry and woodworking, wood and metal fillers, reinforce bolts, jewellery making and many others.

Drivers and Restraints:

Growing automotive industry is creating a huge demand for epoxy adhesives due to technologically advanced adhesives, compounds and designed to meet the demanding requirements of the automotive industry which drives the target growth market. For instance according to worldometers.info  around 65 million passenger car produced in 2012 and rich over 70 million cars passenger cars were produced in 2016, for the first time in history. Additionally Increasing urbanization result 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, building & construction 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.

Segmentation:

The Epoxy Adhesives market is segmented based on Product Type, End-user Industry, by end-phase and region.

Product Type the Epoxy Adhesives market is classified into one-component, and two-component. End-user Industry the Epoxy Adhesives market is classified into power transformer, and distribution transformer. By End-Phase the 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. For instance, according to IBEF, China, India and the US are expected to account for almost 60 per cent of all global.

Key Players:   

The key players operating the Epoxy Adhesives market include 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. For instance, in January 2016 3M Announced new 3M Magnet Bonding Adhesive AU-205 is designed to bond permanent magnets to rotors and stators in high-efficiency permanent magnet (PM) electric motors. 

Detailed Segmentation:

Epoxy Adhesives Market, Product Type:

  • One-component
  • Two-component

Epoxy Adhesives Market, End-user Industry:

  • Aerospace and Defense
  • Automotive
  • Marine
  • Electrical and Electronics
  • Construction
  • Energy and Power
  • Other End-user Industries

Epoxy Adhesives Market, By Region:

  • North America
    • Middle East & Africa
      • Middle East & Africa Epoxy Adhesives  Market, Product Type
      • Middle East & Africa Epoxy Adhesives  Market, End-user Industry
      • Middle East & Africa Epoxy Adhesives  Market, By Country
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
      • Latin America Epoxy Adhesives  Market, Product Type
      • Latin America Epoxy Adhesives  Market, End-user Industry
      • Latin America Epoxy Adhesives  Market, By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • Asia Pacific Epoxy Adhesives  Market, Product Type
      • Asia Pacific Epoxy Adhesives  Market, End-user Industry
      • Asia Pacific Epoxy Adhesives  Market, By Country
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Europe Epoxy Adhesives  Market, Product Type
      • Europe Epoxy Adhesives  Market, End-user Industry
      • Europe Epoxy Adhesives  Market, By Country
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • North America Epoxy Adhesives  Market, Product Type
    • North America Epoxy Adhesives  Market, End-user Industry
    • North America Epoxy Adhesives  Market, By Country
      • U.S.
      • Canada

Company Profile:

  • 3M Company
  • Company Overview 
      • Type Portfolio
      • Key Highlights
      • Financial Performance
      • Business Strategies
  • AdCo UK Limited
  • Adhesive Technologies Corp.
  • Alfa International Corporation
  • American Chemical Inc.
  •  Arkema Group (Bostik SA)
  • Ashland Inc.
  • Benson Polymers Ltd
  • Collano Adhesives AG
  • DELO Industrial Adhesives

“*” marked represents similar segmentation in other categories in the respective section

Epoxy Adhesives Market

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FAQs

The Epoxy Adhesives Market accounted for US$ 10.2 Billion in 2024 and is estimated to be US$ 21.8 Billion by 2034 to grow at CAGR of 8.80 %

The Epoxy Adhesives market is segmented based on Product Type, End-user Industry, by end-phase and region.

Growing automotive industry is creating a huge demand for epoxy adhesives due to technologically advanced adhesives, compounds and designed to meet the demanding requirements of the automotive industry which drives the target growth market.

By region, APAC is expected witness for highest CAGR over the forecast period. According to IBEF, China, India and the US are expected to account for almost 60 per cent of all global.

The key players operating the Epoxy Adhesives market include 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.