This report categorizes the market to forecast the revenues and analyze the trends in segments, based on curing process (Conventional & Light-Cured), Chemistry (Cyanoacrylate & Epoxy-based), Application (Industrial, Woodworking, Transportation, Consumer, Electronics).
The report also aims at estimating the size and future growth potential of the instant adhesives market across 5 regions & 19 countries. Factors such as drivers, restraints, opportunities, and challenges influencing the growth of the instant adhesives market have also been studied in the report. The report portrays a clear picture of the market with the help of 29 figures & 87 tables.
Delo Industrial Adhesives
Henkel AG & Company
Illinois Tool Works Incorporation
Loxeal Engineering Adhesives
RPM International Inc
Toagosei Co. Ltd.
The market for adhesives is less capital intensive in nature and is highly fragmented and competitive, due to the presence of numerous multinational and regional players. The global market in the year 2015 posed at USD 1.46 Billion, with automotive, construction, and food packaging being the major demand market drivers. COVID-19 has posed many challenges across all major sectors. Major economies across the world, such as the US, Germany, the UK, Italy, South Korea, Spain, and Japan, are among the severely affected countries by the pandemic. The global instant adhesive market witnessed a drop of USD 0.091 Billion between the period of 2019 and 2021. The growth of this market is largely driven by increased demand from the medical and transportation segments. Manufacturers are trying to cater to the increasing demand, which, in turn, is to aid the market to grow with an anticipated CAGR of 8.95%.
Whether for smartphones or sports shoes, insulating glass windows, cars, airplanes or even repairs in the recycling industry: adhesive bonding technology is an innovative key technology in a wide variety of industries today - and its potential is still not fully utilized. The market is highly dominated by the electronic segment accounting for over 20% of the market share since 2015.
Globally, the Asia-Pacific dominated the market across the world, with robust demand from the end-user industries, such as packaging, transportation, electronics, construction, and furniture. The demand for cosmetics and food and beverage products is expected to grow due to the growing population and demand for quality products, urbanization, and consumers inclining toward technology, hence, fueling the demand for the packaging industry in the region. The European market contributes significantly due to the presence of some of the largest manufacturers and vendors in the region, such as Henkel AG & Co. KGaA, Bostik SA, KENT Europe, 3M, etc. The growing automotive industry is driving the market in North America with the second largest contributor in the global market. Hence, with such robust growth of the packaging industry across the world, the demand in the adhesives and sealants market is also expected to increase during the forecast period.
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Global Instant Adhesive Market Outlook
3.1. Market Size by Value
3.2. Market Share
3.3. Global Conventional Curing Instant Adhesive Market Outlook
3.4. Global Light Cured Instant Adhesive Market Outlook
3.5. Global Cyanoacrylate Instant Adhesive Market Outlook
3.6. Global Epoxy-based Instant Adhesive Market Outlook
4. North America Instant Adhesive Market Outlook
5. Europe Instant Adhesive Market Outlook
6. Asia-Pacific Instant Adhesive Market Outlook
7. Latin America Instant Adhesive Market Outlook
8. Middle East & Africa Instant Adhesive Market Outlook
9. Market Dynamics
9.1. Key Drivers
9.2. Key Challenges
10. Market Trends and Developments
10.1. Green Adhesives Technology
10.2. 3D Vision
10.3. Ebeam Technology
10.4. Solvent Borne Technology
11. Company Profiles
12. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/zguuxq
View source version on businesswire.com: https://www.businesswire.com/news/home/20211020005544/en/
Laura Wood, Senior Press Manager
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