1 / 8

2K Epoxy Adhesives Market

2K Epoxy Adhesives Market

Sampat12
Download Presentation

2K Epoxy Adhesives Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 2K Epoxy Adhesives Market Share by Industry Expansion, Cost Structure, Development Status, Opportunities Analysis

  2. Global Market Scenario of 2K Epoxy Adhesives Industry According to the recently published Global Market Insights Inc. report, the 2K epoxy adhesives market size could exceed USD 14 billion by 2030. The global 2K epoxy adhesives market has been on a roll for quite a period and is expected to register unprecedented growth in the coming years. The principal factor spurring the demand for two-component epoxy adhesives is their capability to bond together any similar or dissimilar surfaces. They boast incredible features such as versatility, durability, dimensional stability, excellent electric insulation, moisture tightness, and superior chemical and heat resistance. To that end, these products find major applications across several industry verticals ranging from construction and consumer durables to automobiles and aerospace. The escalating construction activities across the commercial, industrial, and residential sectors will have a profound impact on product sales in the foreseeable future. An increasing number of strategic tactics are being undertaken among leading shareholders, which may help the industry record appreciable growth during the projection timeframe.

  3. Continue:- Listed ahead are some noteworthy factors influencing the industry landscape. Increasing investments in infrastructure development The global population has been expanding at a considerable growth rate, leading to the fast-paced development of industrial, commercial, and residential spaces across urban regions. The aging infrastructure across countries such as the U.S. and UK has surged the demand for maintenance and reconstruction activities, bolstering the two-factor epoxy adhesives industry revenues. Estimations suggest that every 1 in 5 miles of major roads and highways and about 45,000 bridges in the United States are in poor condition. Owing to these factors, governments across several developed and developing economies have been making significant investments to streamline infrastructure development and redevelopment projects. For instance, in November 2021, the US government rolled out the Bipartisan infrastructure law, which seeks to invest almost $110 billion in additional grants to rebuild roads and bridges and subsidize major, transformational projects across the country. Such investments are expected to create new growth prospects for the construction sector, thus increasing the 2K epoxy adhesives industry share.

  4. Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/5316

  5. 360° Industry Analysis Request for customization:https://www.gminsights.com/roc/5316 Growing strategic alliances among the leading industry partakers In October 2020, Pidilite Industries Ltd., an iconic brand, and a leader in the Epoxy Adhesives market inked a definitive agreement with a US-based chemical manufacturer, Huntsman Group, to acquire 100% shareholding in Huntsman Advanced Material Solutions Pvt. Ltd., one of the latter’s subsidiaries in India. The deal amounts to approximately USD 262.9 million (2100 crore rupees) and comprises a trademark license for ASEAN countries, Africa, and the Middle East, along with the Indian Subcontinent business. The implementation of more such moves will help players in the 2K epoxy adhesives industry expand their product offerings, thereby strengthening their global footprint.

  6. Competitive Analysis: Rapid expansion of the consumer electronics market The consistent improvement in the socio-economic conditions and the subsequent rise in disposable incomes of expanding middle-class populace across the globe has surged the demand for advanced electronic devices. The application of 2K epoxy adhesives in electronic appliances offers a range of benefits, including superior bonding capabilities, chemical resistance, and electrical performance. As per the Retailers Association of India (RAI) estimates, the consumer electronics, and appliances sales in India in Q3 2021 registered a growth of almost 23.5% compared to the corresponding period in 2020. These estimations indicate strong product adoption in the forthcoming years, Coupled with the emerging smart and connected home trends, this may foster an increase in the demand for 2K epoxy adhesives. 2K epoxy adhesives are also widely integrated across the aerospace sector gasketing, bonding thread locking, and tamper-proofing applications due to their unmatched strength and mechanical stability. In addition, the capability of these products to resist failure during vehicle collision may boost their demand across the automotive sector, thus supporting industry growth.

  7. Title Latest Research Report On 2K Epoxy Adhesives Market@ https://www.gminsights.com/industry-analysis/2k-epoxy-adhesives-market /[Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/5316 Request for customization: https://www.gminsights.com/roc/5316

  8. Stay In Touch You can visit us at: www.gminsights.com THANK YOU

More Related