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Structural Adhesives Market Research Report - Forecast to 2027

Structural Adhesives Market Research Report, by Product Type (Epoxy, Acrylic, Urethanes, Cyanoacrylate and others), Technology (Water Based and Solvents based), Application (Automotive, Transportation, Building & Construction, Furniture and Others) and Region - Global Forecast to 2027

ID: MRFR/CnM/1616-HCR | February 2021 | Region: Global | 125 pages

Please note that the assessment period of report has been updated from 2016-2022 to 2020-2027. Cordially fill the sample form for updated data.

Research Methodology for Global Structural Adhesives Market

Research Methodology for Global Structural Adhesives Market


Market Synopsis:


The global Structural Adhesives Market Grew to USD ~18.3 billion in 2016 with the CAGR of ~7.9% from 2016 to 2022. High demand of lightweight metals and composites in applications such as automotive, transportation, building & construction and furniture are expected to fuel the overall demand of structural adhesives in future. Structural adhesive used in automotive are known for providing better adhesion between distinct substrates such as steel and plastics. Thus, these composites are used in doors, window glass attachments, brakes and clutch plates and others. On account of high demand for passenger car in countries like China and India, automotive industry requires adhesives with structural integrity and strong bonding properties that is expected to impact the global structural adhesive market growth.


Increasing government spending in public infrastructure and commercial buildings is likely to drive the demand of structural adhesive in construction application such as window panels, roofing, and wall coverings. Changing consumer lifestyle with changing trends in furniture designs for building and construction application is going to boost the demand. Fluctuation in raw material price and strict environmental regulation can hamper the market in the coming years.


Water based structural adhesive is largely used in rigid joiningsuch as furniture panels, automotive assembly, joint cements and household appliances. Stringent regulations of environment agencies regarding presence of volatile organic compound (VOC) in solvent based adhesives has positively complimented the water based structural adhesive. The structural adhesive market is segmented into product types such as epoxy, acrylic, cyanoacrylate, urethanes and others. Urethane adhesive are priced less and are highly preferable with respect to elastic bonding in application such as automotive and construction. They possess properties such as high elasticity, durability and flexibility when used among dissimilar materials. These factors are expected to contribute towards growth of structural adhesives market which has started since in forecasted period from 2016 to 2022. Cyanoacrylic adhesives is expected to witness high growth owing to the properties such as low toxicity and faster setting. High industrial output along with its abovementioned properties will drive the growth of cyanoacrylic adhesives. Epoxy adhesives provides high strength and temperature resistance which are highly preferable to enhance the rigidity and reduce noise of automotive components such as turbine and blade. These factors are expected to drive the demand of structural adhesive market in future.


Asia Pacific accounts for the largest market share owing to rapid industrialization and growing demand from construction and furniture industries. China, India, Thailand and Indonesia are the fastest growing regions of global structural adhesive due to government tax incentives, subsidies provided and easy availability of raw material and labor. North America is expected to witnessed a steady growth due to slow growth of industries post-recession and increase in consumer spending particularly in U.S. that will drive the demand of this market.   


Study Objectives of Structural Adhesives Market:



  • To study market overview of the structural adhesives.

  • To estimate market size by product, raw material, product type and application.

  • To provide insights about market drivers, restrains and opportunities.

  • To provide geographical market analysis and future outlook for North America, Europe, Asia, along with rest of the world (ROW).

  • To analyze the global structural adhesives market based on various factors- supply chain analysis, Porters Five Force analysis etc.

  • To provide strategic profiling of the key players in the market, broadly analyzing their core competencies.

  • To evaluate competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global structural adhesives


Market Segmentation
global structural adhesives market Segmentation


Key Players


The global manufacturing companies are increasing investment in R&D for technological advancement in structural adhesive. The key players in this segment are 3M Company, The Dow Chemical Company, Ashland Inc., SIKA AG, Henkel AG & Co., Lord Corporation, Scott Bader Company, Arkema S.A., Hubei Huitian Adhesive Enterprise Co., Ried B.V. Co. and others.


Reasons to buy



  • This report includes an in-depth study analysis of structural adhesives market.

  • It covers market segmentation by raw material, by product type and by application.

  • It helps in identifying region wise major suppliers and understanding consumption patterns.

  • The report provides useful and premium insights about global structural adhesives market that will support investments in structural adhesives and allied companies by providing details on the fastest growing segments and regions.

  • In addition, it will provide key findings that will help companies to improve profitability by using supply chain strategies and cost effectiveness on various products mentioned in the report.

  • The data used in the report is primarily based on primary interviews with major producing companies and industry experts which are supported by authentic industry data from secondary sources.


Intended Audience



  • End-product manufacturers.

  • Raw material suppliers

  • Traders and distributors of structural adhesives

  • Potential investors

  • Government bodies and research organization


Geographic Analysis 
The report covers brief analysis of geographical region such as:


North America



  • U.S.

  • Canada


Europe



  • Germany

  • France

  • Italy

  • Netherlands

  • U.K.

  • Rest of Europe


APAC



  • China

  • India

  • Japan

  • Rest of Asia-Pacific


RoW



  • South America

  • Middle East

  • Africa


The report of “Global Structural Adhesives Market” by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of different market segments and regions.



Frequently Asked Questions (FAQ) :

The structural adhesive market is predicted to grow at a 7.9% CAGR between 2020-2027.

Asia Pacific is predicted to spearhead the structural adhesive market during the forecast period for burgeoning demand from furniture and construction industries and rapid industrialization.

Notable players profiled in the structural adhesive market include Ried B.V. Co., Hubei Huitian Adhesive Enterprise Co., Arkema S.A., Scott Bader Company, Lord Corporation, Henkel AG & Co., SIKA AG, Ashland Inc., The Dow Chemical Company, and 3M Company.

Demand for lightweight metals & composites, increasing government expenditure in commercial buildings and public infrastructure, and changing trends in the designs of furniture are the key factors that are driving the growth of the structural adhesive market.

Strict environmental regulation coupled with fluctuation in raw material cost may restrict the structural adhesive market growth during the forecast period.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Structural Adhesives Market

5 Industry Overview of Global Structural Adhesives Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

5.5 Impact analysis

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Structural Adhesives Market by Region

8. Global Structural Adhesives by product types (Epoxy, Acrylic, Urethanes, Cyanoacrylate and others)

9. Global Structural Adhesives Market by technology (Water based and Solvents based)

10. Global Structural Adhesives Market by Applications (Automotive, Transportation, Building & Construction, furniture and others)

11. Company Profiles

11.1 3M Company

11.1.1 Overview

11.1.2 Financials

11.1.3 Product Portfolio

11.1.4 Business Strategies

11.1.5 Recent Development

11.2 The Dow Chemical Company

11.2.1 Overview

11.2.2 Financials

11.2.3 Product Portfolio

11.2.4 Business Strategies

11.2.5 Recent Development

11.3 Ashland Inc.

11.3.1 Overview

11.3.2 Financials

11.3.3 Product Portfolio

11.3.4 Business Strategies

11.3.5 Recent Development

11.4 SIKA AG

11.4.1 Overview

11.4.2 Financials

11.4.3 Product Portfolio

11.4.4 Business Strategies

11.4.5 Recent Development

11.5 Henkel AG & Co.

11.5.1 Overview

11.5.2 Financials

11.5.3 Product Portfolio

11.5.4 Business Strategies

11.5.5 Recent Development

11.6 Lord Corporation

11.6.1 Overview

11.6.2 Financials

11.6.3 Product Portfolio

11.6.4 Business Strategies

11.6.5 Recent Development

11.7 Scott Bader Company

11.7.1 Overview

11.7.2 Financials

11.7.3 Product Portfolio

11.7.4 Business Strategies

11.7.5 Recent Development

11.8 Arkema S.A

11.8.1 Overview

11.8.2 Financials

11.8.3 Product Portfolio

11.8.4 Business Strategies

11.8.5 Recent Development

11.9 Hubei Huitian Adhesive Enterprise Co.

11.9.1 Overview

11.9.2 Financials

11.9.3 Product Portfolio

11.9.4 Business Strategies

11.9.5 Recent Development

11.10 Ried B.V. Co.

11.10.1 Overview

11.10.2 Financials

11.10.3 Product Portfolio

11.10.4 Recent Development

12 Conclusion

LIST OF TABLES

Table 1 World Population by Major Regions (2020 To 2030) (Billion)

Table 2 Global Structural Adhesives Market: By Region, 2020-2027 (USD Billion)

Table 3 North America Structural Adhesives Market: By Country, 2020-2027 (USD Billion)

Table 4 Europe Structural Adhesives Market: By Country, 2020-2027 (USD Billion)

Table 5 Asia-Pacific Structural Adhesives Market: By Country, 2020-2027 (USD Billion)

Table 6 RoW Structural Adhesives Market: By Country, 2020-2027 (USD Billion)

Table 7 Global Structural Adhesives by product types Market: By Regions, 2020-2027 (USD Billion)

Table 8 North America Structural Adhesives by product types Market: By Country, 2020-2027 (USD Billion)

Table 9 Europe Structural Adhesives by product types Market: By Country, 2020-2027 (USD Billion)

Table 10 Asia-Pacific Structural Adhesives by product types Market: By Country, 2020-2027 (USD Billion)

Table 11 RoW Structural Adhesives by product types Market: By Country, 2020-2027 (USD Billion)

Table 12 North America Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 13 Europe Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 14 Asia-Pacific Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 15 RoW Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 16 Global Structural Adhesives for technology Market: By Region, 2020-2027 (USD Billion)

Table 17 North America Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 18 Europe Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 19 Asia-Pacific Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 20 RoW Structural Adhesives for technology Market: By Country, 2020-2027 (USD Billion)

Table 21 Global Structural Adhesives by Applications Market: By Region, 2020-2027 (USD Billion)

Table 22 North America Structural Adhesives by Applications Market: By Country, 2020-2027 (USD Billion)

Table 23 Europe Structural Adhesives by Applications Market: By Country, 2020-2027 (USD Billion)

Table 24 Asia-Pacific Structural Adhesives by Applications Market: By Country, 2020-2027 (USD Billion)

Table 25 RoW Structural Adhesives by Applications Market: By Country, 2020-2027 (USD Billion)

Table 26 Global Product Types Market: By Region, 2020-2027 (USD Billion)

Table 27 Global Technology Market: By Region, 2020-2027 (USD Billion)

Table 28 Global Applications Market: By Region, 2020-2027 (USD Billion)

Table 29 North America Structural Adhesives Market, By Country (USD Billion)

Table 30 North America Structural Adhesives Market, By Product types (USD Billion)

Table 31 North America Structural Adhesives Market, By Technology (USD Billion)

Table 32 North America Structural Adhesives Market, By Applications (USD Billion)

Table 33 Europe: Structural Adhesives Market, By Country (USD Billion)

Table 34 Europe: Structural Adhesives Market, By Product types (USD Billion)

Table 35 Europe: Structural Adhesives Market, By Technology (USD Billion)

Table 36 Europe: Structural Adhesives Market, By Applications (USD Billion)

Table 37 Asia-Pacific: Structural Adhesives Market, By Country (USD Billion)

Table 38 Asia-Pacific: Structural Adhesives Market, By Product types (USD Billion)

Table 39 Asia-Pacific: Structural Adhesives Market, By Technology (USD Billion)

Table 40 Asia-Pacific: Structural Adhesives Market, By Applications (USD Billion)

Table 41 RoW: Structural Adhesives, By Country (USD Billion)

Table 42 RoW: Structural Adhesives Market, By Product types (USD Billion)

Table 43 RoW: Structural Adhesives Market, By Technology (USD Billion)

Table 44 RoW: Structural Adhesives Market, By Applications (USD Billion)

LIST OF FIGURES

FIGURE 1 Global Structural Adhesives market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Structural Adhesives Market

FIGURE 4 Value Chain of Global Structural Adhesives Market

FIGURE 5 Share of Global Structural Adhesives Market in 2020, by country (in %)

FIGURE 6 Global Structural Adhesives Market, 2020-2027, (USD billion)

FIGURE 8 Global Structural Adhesives Market size by Product types, 2020

FIGURE 9 Share of Global Structural Adhesives Market by Product types, 2020 to 2027

FIGURE 10 Global Structural Adhesives Market size by Technology, 2020

FIGURE 11 Share of Global Structural Adhesives Market by Technology, 2020 to 2027

FIGURE 12 Global Structural Adhesives Market size by Applications, 2020

FIGURE 13 Share of Global Structural Adhesives Market by Applications, 2020 to 2027