Global Structural Adhesive Market To Generate USD 13849 Million By 2028

June 22, 2022

According to the recent research report titled ‘Global Structural Adhesive Market 2022-2028’ available with MarketStudyReport, global structural adhesive market is projected to reach a valuation worth USD 13,849 million by 2028, expanding at a CAGR of 6.4% during the forecast duration.

A structural adhesive hardens or cures into a substance capable of binding two or more substrates together over the lifespan of the product while carrying the stresses involved. The product can be subjected to chemical exposure, shock, vibration, temperature changes, and a variety of other potentially weakening or destructive forces while remaining connected.

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It is worth noting that the research offers in-depth analysis regarding the most recent trends and drivers in global structural adhesive industry. It provides a unique perspective on the industry size, major trends, the competitive landscape, growth rate, and market segments. The influence of the COVID-19 pandemic on this business space has been also examined in this study.

Additionally, the document talks about the various market segmentations such as product type, application spectrum, and geographical landscape. Speaking of the product type, global structural adhesive market space is divided into acrylic adhesives, PVA adhesives, polyurethane adhesives, structural epoxy adhesives, and others.

The structural epoxy adhesives segment held the largest share in 2021 and is predicted to witness significant growth during the forecast duration.

By application spectrum, the market is divided into building & construction, automotive & transportation, wind power, and industrial.

Based on regional terrain, the industry is segregated into Asia Pacific, North America, Europe, and the Rest of the World.

Meanwhile, the leading companies defining the competitive landscape of global structural adhesive industry include Ashland Global Specialty Chemicals Inc., Bostik SA, BASF SE, Covestro AG, Dymax Corporation, H.B. Fuller Company, Huntsman Corporation, Illinois Tool Works Inc. (ITW), Mapei S.p.A., Jowat Corporation, Master Bond Inc., Parker Hannifin Corp. (LORD Corporation), Momentive Inc., Pidilite Industries Limited, Permabond LLC, Power Adhesives Ltd., Structural Adhesives Ltd., Sika AG, The 3M Company, ThreeBond Holdings Co., Ltd., The Dow Chemical Company, DuPont de Nemours, Inc., Henkel AG & Co. KGaA, among others.

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