Structural Adhesives Market, By Resin (Epoxy, Polyurethane, Acrylic, Methyl Methacrylate, and Cyanoacrylate), By Application (Building and Construction, Automotive, Marine, Electronic, and Aerospace), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East, & Africa) - Trends, Analysis, and Forecast till 2030

Report Code: PMI54219 | Publish Date: July 2023 | No. of Pages: 178

Global Structural Adhesives Market By Overview

Introduction:

Structural adhesives are used to join parts without interfering or detracting from their finished or aesthetical look. Structural adhesives are primarily suitable for high-strength bonding of various materials since they have very high peel and shear strength. These adhesives are usually two-component high-performance adhesives that are preferred in the trade as well as industrial applications. These adhesives are used to produce a load-bearing joint. These adhesives are used for engineering applications where joints will typically have lap shear strengths of greater than 1MPa. The global structural Adhesives market accounted for US$ 15.15 billion in 2020 and is estimated to be US$ 27.59 billion by 2030 and is anticipated to register a CAGR of 6.2%.

Global Structural Adhesives Market By Dynamics

 

                                                      

Increasing adoption from automotive sector

Increasing adoption from automotive sector for various end-use applications and technological advancements in the production of adhesive products is major factor driving growth of the global structural adhesives market. In addition, growing demand for structural adhesives in construction sector for kitchen interior, roofing, window panel, and wall coverings applications is propelling growth of the global structural adhesives market. Furthermore, increasing government infrastructure and re-development projects especially in the emerging economies is another factor expected to boost growth of the global structural adhesives market over the forecast period. However, stringent regulations set by regulatory bodies, to avoid adverse effects of structural adhesives on environment is hampering growth of the global structural adhesives market. Increasing research and development activities for the development of non-hazardous and green structural adhesives with low or no ecological footprint can create lucrative opportunities for players operating in the global structural adhesives market.

Global Structural Adhesives Market By Segmentation

 

                          

                                Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The global Structural Adhesives market is segmented based on Resin, application, and region.

On the basis of resin, the target market is classified into epoxy, polyurethane, acrylic, methyl methacrylate, and cyanoacrylate. Epoxy resin is accounted for major revenue share into the global market, in 2018, due to their excellent intrinsic properties such as resistance to chemicals, low shrinkage values, and low VOC release during curing. On the basis of application, the target market is bifurcated into building and construction, automotive, marine, electronic, and aerospace. Building and construction application sub segment accounted major revenue share into the global market, in 2018, owing to increasing construction activities across the globe.

Regional Insights:

                               

The global Structural adhesives market accounted for US$ 15.15 billion in 2020 and is estimated to be US$ 27.59 billion by 2030 and is anticipated to register a CAGR of 6.2%. For detailed understanding of market dynamics, the global structural adhesives market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the global market. In 2018, the Asia Pacific structural adhesives market is accounted for major revenue share in the global structural adhesives market, followed by other regions. This is owing to rising demand from electronic industry, coupled with growing automotive production in countries such as India and China in Asia Pacific region. The markets in North America and Europe are expected to witness steady growth. This is attributed to strict government rules and regulations related to use of structural adhesives associated with environment safety, slow growth of industries post-recession, and increase in consumer spending over the forecast period.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Million & CAGR from 2020 – 2030

Market Segmentation

By Resin- Epoxy, Polyurethane, Acrylic, Methyl Methacrylate, and Cyanoacrylate

By Application– Building and Construction, Automotive, Marine, Electronic, and Aerospace

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global Structural Adhesives market report based on Resin, application, and region.

Global structural Adhesives Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Structural Adhesives Market By Key Players

Some of the prominent players operating in the global structural adhesives market include 3M Company, Sika AG, Henkel AG & Co. KGaA, The Dow Chemical Company, H.B. Fuller Company, Scott Bader Co., Uniseal, Inc., Huntsman Corporation, Ashland Inc., and Lord Corporation. Technological advancements in the product as well as in manufacturing process, product launches, and strategic partnerships are some trends witnessed in the global structural adhesives market. For instance, in September 2017, H.B. Fuller Company acquired Royal Adhesives & Sealants for $1.58 billion.

Global Structural Adhesives Market By Company Profile

  • 3M Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sika AG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Henkel AG & Co. KGaA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • The Dow Chemical Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • H.B. Fuller Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Scott Bader Co.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Uniseal, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Huntsman Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ashland Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Lord Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Structural Adhesives Market By Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Resin
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Global Structural Adhesives Market, By Resin, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Epoxy
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Polyurethane
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Acrylic
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Methyl Methacrylate
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Cyanoacrylate
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  5. Global Structural Adhesives Market, By Application, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Building and Construction
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Automotive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Marine
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Electronic
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
    • Aerospace
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
  6. Global Structural Adhesives Market, By Region, 2019 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Resin, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Resin, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Resin, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Resin, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Resin, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Application, 2019 – 2029
      • Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
  7. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • 3M Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Sika AG
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Henkel AG & Co. KGaA
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • The Dow Chemical Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • H.B. Fuller Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Scott Bader Co.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Uniseal, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Huntsman Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Ashland Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Lord Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
    • Analyst Views
  8. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The global structural adhesives market is segmented based on Resin, application, and region.

Increasing government infrastructure and re-development projects especially in the emerging economies is another factor expected to boost growth of the global structural adhesives market over the forecast period.

The Asia Pacific structural adhesives market is accounted for major revenue share in the global structural adhesives market, followed by other regions.

Some of the prominent players operating in the global structural adhesives market include 3M Company, Sika AG, Henkel AG & Co. KGaA