Global Structural Adhesives Market By Overview
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. 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 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 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 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 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 structural adhesives market.
Global Structural Adhesives Market By Segmentation
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:
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 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 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 Billion & 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 Structural Adhesives market report based on Resin, application, and region.
Structural Adhesives Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Structural Adhesives Market By Key Players
Some of the prominent players operating in the 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 structural adhesives market. For instance, in September 2017, H.B. Fuller Company acquired Royal Adhesives & Sealants for $1.58 billion.
Global Structural Adhesives Market By Company Profile
- 3M Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sika AG
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Henkel AG & Co. KGaA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- H.B. Fuller Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Scott Bader Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Uniseal, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huntsman Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ashland Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lord Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Structural Adhesives Market By Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Preview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Resin
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Merger and Acquisitions
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Market Segmentation, By Resin, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Epoxy
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Polyurethane
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Acrylic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Methyl Methacrylate
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Cyanoacrylate
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Building and Construction
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Automotive
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Marine
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Electronic
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Aerospace
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Resin, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Resin, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Resin, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Resin, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Resin, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Overview
- 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
- 3M Company
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
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 structural adhesives market include 3M Company, Sika AG, Henkel AG & Co. KGaA