Metal Bonding Adhesives Market Research Report - Forecast till 2030

Metal Bonding Adhesives Market Research Report - Information by Type (Epoxy, Polyurethane, Acrylic, Other), by Application (Automotive & Transportation, Industrial Equipment, and Consumer Appliances) - Forecast till 2030

ID: MRFR/CnM/3955-HCR | December 2022 | Region: Global | 135 Pages         

Metal Bonding Adhesives Market

The Metal Bonding Adhesives Market was valued at USD 100 Million in 2020 and registering at a CAGR of 8.18% from 2021 to 2030

Segmentation

By Type Epoxy Polyurethane Acrylic Other
By Application Automotive & Transportation Industrial Equipment Consumer Appliances

Key Players

  • Henkel AG & Co KgaA
  • H. B. Fuller
  • The 3M Company
  • Sika AG
  • The Dow DuPont Inc.
  • Arkema S.A.
  • Solvay SA
  • Lord Corporation
  • DELO Industrie Klebstoffe GmbH & Co. KGaA
  • Parson Adhesives Inc.

Drivers

  • Increasing preference of high-performance adhesives in various end-use industries
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Metal Bonding Adhesives Market Overview


Metal bonding adhesives are generally the high-performance adhesives or glues generally used in the carpentry or for specialized carved workings. They are mostly used in heavy artwork and compositions, but apart from that, at times, they are used in costume and jewelry making applications. One of the most commonly known adhesives in the market is the Cyanoacrylate. This is one of the most popular and established the sort of adhesives that work as super glue for metals. They not only bond metals but also make sure that the bonding is kept intact for a long period. For heavy metals in the long go, Cyanoacrylate is the most appropriate adhesive being used on both the floors and metal surfaces. This makes sure that the two surfaces that are kept in touch with each other remain intact and produce a smooth bond for the movement that doesn't create any friction. This joining technique works on the mechanism of evaporation and heat and pressure where the surfaces are stuck on by the heat applied on the glue, and post the dispersion of any gaseous substance, the surfaces are held on intact by the metal glue or what can be referred to as the bonding adhesives.


The Metal Bonding Adhesives Market was valued at USD 100 Million in 2020 and registering at a CAGR of 8.18% from 2021 to 2030.


The impeccable growth in the Metal Bonding Adhesives Market Size is due to the increasing uses of the adhesives in the services, products, and maintenance in the field of industry. The adhesives come in different compositions and variations that are used in different fields. There are various properties that the adhesives possess, and exactly because of which it is low maintenance and can be used in almost all the industries. The properties like dimensional stability, thermal expansion along with vibration and abrasion resistance are what make it malleable for usage in sort of industries. Development in the automotive industry is what has been driving the industry.


COVID-19 Analysis


The pandemic, like any other department, had a heavy and negative impact on the Metal Bonding Adhesives Market Share. The market faced revenue loss when the industries remained shut down for a longer period. The demands from the industrial verticals were reduced, which eventually dropped the sales rate. Amid all these factors going all around, the supply chain was disturbed. The research and development activities halted, which eventually halted the product improvement and launching process. It took a considerable amount of time to return to the market with the accelerated demand for the Metal Bonding Adhesives Market. So, for the market, it is expected to catch a substantial growth rate and CAGR by the forecast period.


Chief Factors Existing in the Market


Key Market Drivers


The major factor that drives the Metal Bonding Adhesives Market Growth is the way they have blended well within the thermal fastening and the metal industries. The biggest boon of the adhesive marketing sector was to blend well within the applications of the industries in both officials as well as residential sectors.


 


Market Challenges


The Metal Bonding Adhesives Market Trend faces a major challenge in both on the inside as well as the outside methods. This is because most of the old methods are being replaced with conventional methods that have been coming up by the day. This also helps the processing pace up with more amount of productivity. These are the challenges faced by the mechanical and the metal holding departments of the industry.


 


Market Opportunities


With the increasing number of stringent control strategies, the Metal Bonding Adhesives Market has been getting a lot of opportunities in both the firms. The metal holding capacities of the adhesives have made it a firm to make sure of the proper production of the regulation of the adhesives in the forecast period.


 


Market Restraints


The major market restraints faced by the market are due to the old and composing methods that the market in the adhesive departments that they have been using. The introduction of the new and conventional methods has made it pretty easier for the adhesive marketing departments to make it a hard run for the industry to keep up with the firms.


 


Cumulative Evaluation Of The Market


The cumulative evaluated report of the Metal Bonding Adhesives Market clearly indicates that the market will acquire a substantial CAGR value during the forecast period by 2030. The market dynamics of the entire industry are showing the impact on the Metal Bonding Adhesives Market Revenue. The driving factors and a lot of opportunities have helped the market to reach a stable significant value, while the restraints and challenges are restricting its growth rate. Despite the pandemic's effect on the market, it is estimated that it will reach its estimated growth value due to the planned strategies to overcome the problems. 


 


Market Segmentation



The
Metal Bonding Adhesives Market is segmented into the type of resin used to produce the adhesive and the end-user industry. There are further sub-segmentations that have been done based upon the same.


 


By Type


Depending upon the resin type, the market is again segmented into acrylic-based, polyurethane-based, epoxy-based, and polysulphide, silicone, and cyanoacrylate base.


 


By End-Use Industry


By the end-user industry, the market is again segmented into the textiles, construction, the pharma and the medical, the consumer appliances, the aerospace, transportation, and the automobile and transportation.


 


Regional Analysis


According to the geographical update, the Metal Bonding Adhesives Market shows a major growth rate in the top five regions such as the North American region, Europe, Asia Pacific, the Middle East & Africa, and Latin America. The Asia-Pacific countries held the maximum number of market shares as of 2017. China held 25% of the entire global share, as a result, it was tagged as one of the largest producers across the globe.


 


Competitive Intensity within the Industry 


The competitive intensity of the Metal Bonding Adhesives Market Analysis is about the chief industrial players and their development. All the required and important details of the company and the manufacturers, and the consumer level of the company are analyzed. This is done by considering factors like potential investments; revenue generated, company overview, growth, and consistency. There has always been an enhancement in the fields of research and developments as far as the Metal Bonding Adhesives Market Research is concerned. Here is a list of some of the top key industrial players of the departments:



  • BASF SE

  • Sika AG

  • Henkel AG & Co.

  • KGaA,

  • DowDuPont Inc.

  • B. Fuller,

  • 3M Company

  • Evonik Industries

  • Ashland Inc

  • Arkema Group

  • Huntsman Corporation

  • Solvay S.A

  • DELO Industrie Klebstoffe GmbH & Co KGaA,

  • LORD Corporation

  • Permabond LLC

  • Parson Adhesives Inc


 


Recent Market Developments



  • Recently the H.B.Fuller branch announced that their firm has been considering opening ups with the Automotive Competency Centre that allows the full form of sales and business development for the consumers in Germany. This was introduced in the year 2017 in order to make sure of a proper application in the lab and technologies too. This is how the centre allows the company to have at its best ability and reactive properties.

  • Post the pandemic, several metal bonding firms have also collaborated and come I terms with the departments of industrial assembly, automobile and aerospace. This was possible due to the increasing demand of the elevating products in the market.


Report Overview


The report overview of the Metal Bonding Adhesives Market Forecast signifies a sharp growth in the statistics and the logistics field of the consumption. All of the growth driving factors as well as the market’s value in regards to that was studied as well as analysed. The segmentation of the market report suggested that the market is globally and regionally spread over a large part across the globe and this is why it is why the growth is vital in terms of share and region. Along with that the competitive report of the market, it also gave quite a good idea regarding the industrial player checklist and the developmental activities. The Metal Bonding Adhesives Market Is also expected to see a substantial growth by the end of the forecast period.


 


Key Industrial Segments


By Type 



  • Acrylic-based

  • Polyurethane based

  • Epoxy

  • Polysulphide

  • Silicone

  • cyanoacrylate base.


 


By End-Use Industry



  • Textiles,

  • Construction,

  • The pharma and the medical,

  • The consumer appliances,

  • Aerospace

  • Transportation, automobile and transportation



Report Scope:

Report Attribute/Metric Details
  Market Size   2030 : Significant value
  CAGR   8.18% (2021-2030)
  Base Year   2020
  Forecast Period   2021 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Henkel AG & Co KgaA, H. B. Fuller, The 3M Company, Sika AG, The Dow DuPont Inc., Arkema S.A., Solvay SA, Lord Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, and and Parson Adhesives, Inc..
  Key Market Opportunities   Focusing on improving the fuel efficiency standards and reducing the greenhouse gas emissions from automobiles.
  Key Market Drivers   Increasing preference of high performance adhesives in various end-use industries


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Frequently Asked Questions (FAQ) :

The automotive & transportation segment is expected to score the most in the application segment for the metal bonding adhesives segment.

The 3M Company, Henkel AG & Co KgaA, H. B. Fuller, Arkema S.A., Sika AG, DELO Industrie Klebstoffe GmbH & Co. KGaA, The Dow DuPont Inc., Lord Corporation, Solvay SA, and Parson Adhesives, Inc. are some of the prominent names dominating the global metal bonding adhesives market.

Mergers, collaborations, acquisitions, marketing applications, product launch, innovation, hike in R&D are some of the tactical measures that the notable market players would use to develop the global metal bonding adhesives market.

Increasing demand to curb carbon emission, high performance, lighter materials, and others are going to create scope for metal bonding adhesive market’s permeation across industries.

The epoxy segment would have ample scope to lead the metal bonding adhesives market.