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The Global Structural Adhesive Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Structural Adhesive Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Structural Adhesive Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Structural Adhesive Market in the coming years.
The global structural adhesive market is estimated to increase at a 6.2% CAGR from 2023 to 2029, from USD 18.08 billion in 2022 & expected to reach USD 31.07 billion.
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Some of the key players profiled in the study are 3M, Huntsman International LLC, Illinois Tool Works Inc., Arkema S.A., Bostik, Inc, Permabond LLC., L&L Products, Master Bond Inc, Uniseal, Inc, Dymax Corporation, Hernon Manufacturing Inc., Parson Adhesives, Inc., Lord Corporation, Dupont, H.B. Fuller, Acralock, RS Industrial, Hubei Huitian New Materials Co., Ltd., Scott Bader Company Ltd., Bondloc, Forgeway Ltd, Delo Industrie Klebstoffe Gmbh & Co. KGAA, Weicon Gmbh & Co. Kg, Panacol-Elosol Gmbh, Henkel AG & Co. KGAA, Riëd B.V., Sika AG, Mapei S.P.A. Mergers And Acquisitions, Joint Ventures, Capacity Expansions, Significant Distribution, And Branding and other Prominent players.
Drivers:
· Increasing demand for lightweight and durable materials in various industries
· Growing adoption of structural adhesives in emerging markets
· Rising awareness of the benefits of structural adhesives over traditional fastening methods
· Increasing government spending on infrastructure development
Restraints:
· High cost of raw materials
· Stringent environmental regulations
· Lack of skilled labor in emerging markets
· Complexity of application processes
Opportunities:
· Development of new and innovative structural adhesives
· Growing demand for sustainable and eco-friendly adhesives
· Expansion of the automotive, aerospace, and construction industries
· Increasing urbanization in emerging markets
Challenges:
· Competition from traditional fastening methods
· Fluctuating prices of raw materials
· Counterfeit products in the market
· Increasing demand for customization
The segmental analysis section of the report includes a thorough research study on key Type and application segments of the Structural Adhesive market
Structural Adhesive Market By Product Type, 2023-2029, (Usd Billion) (Kilotons)
Epoxy-Based Structural Adhesives
One Component
Two Components
Acrylic-Based Structural Adhesives
Polyurethane-Based Structural Adhesives
Cyanoacrylates
Others
Structural Adhesive Market By Application, 2023-2029, (Usd Billion) (Kilotons)
Structural Adhesives For Transportation Sector
Structural Adhesives For Automotive Sector
Structural Adhesives For Aerospace Sector
Structural Adhesives For Marine Sector
Structural Adhesives For Building & Construction Sector
Structural Adhesives For Energy Sector
Others
Structural Adhesive Market By Technology, 2023-2029, (Usd Billion) (Kilotons)
Water-Based
Solvent-Based
Others
If opting for the Global version of Structural Adhesive Market; then the below country analysis would be included:
– North America (the USA, Canada, and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland, and the Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia, and the Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Important years considered in the Structural Adhesive study:
Historical year – 2018-2021;
Base year – 2022;
Forecast period** – 2023 to 2029 [** unless otherwise stated]
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Here's how Exactitude Consultancy helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Structural Adhesive market through the forecast period.
This factor leads to the estimation of the Structural Adhesive market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Structural Adhesive market that will help the stakeholders to be aware of the current investment scenario across the market.
What is new in 2023?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Structural Adhesive market.
- Updated financial information and product portfolios of players operating in the Structural Adhesive market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer’s business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Structural Adhesive.
Customization services available with the report:
- Country level market for Structural Adhesive market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
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