Structural Adhesives Market – Analysis and Forecast To 2024, DowDuPont Inc., Huntsman Corporation

1. Structural Adhesives Market

2. Structural Adhesives Market Industry Overview Structural adhesives are relatively strong adhesives which are normally used below their glass transition temperature. They can be used to produce a load bearing joints. Also, these adhesives can join parts without detracting or interfering from their finish such as machine fasteners or welding. The global structural adhesives market is registering a good growth in recent years, and anticipated to grow at a significant rate in the coming years, owing to wide range of application areas ranging from aerospace to kitchen appliances to sporting goods and automobiles.

3. Structural Adhesives Market Based on resin type, the structural adhesives market is segmented into epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others. Of all types, polyurethane type category dominated the market, due to their versatility as compared to other types. Also, they are most economic among all types available in the market. However, cyanoacrylate type category is anticipated to register the fastest growth during the forecast period. This is attributed to its superior properties such as good bonding strength to different substrates such as plastics and rubber.

4. Structural Adhesives Market Geographic Overview: Asia-Pacific is expected to be the fastest growing region in the structural adhesives market, which may be attributed to the increasing demand of these adhesives in countries such as China, India, Taiwan, Singapore, and others for variety of applications. The expanding automotive industry, and increasing focus on renewable energy are the major factors driving the demand of these adhesives in the region, resulting in market growth.

5. Structural Adhesives Market Competitive Insight The various key players in the structural adhesives market is introducing advanced product in the market for variety of applications to stay competitive in the market. 3M Company, Sika AG, H.B. Fuller, DowDuPont Inc., Huntsman Corporation, Ashland Inc., Henkel AG & Co. KGaA, Lord Corporation, Mater Bond Inc., Illinois Tool Works Inc., Bostik, Parson Adhesives, Inc., and Permabond LLC. are some of the key players operating in structural adhesives industry. Explore Full Report Description at: https://www.vynzresearch.com/chemicals-materials/structural-adhesives-market

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