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Structural Adhesives Market Size, Share & Growth Report 2030
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Structural Adhesives Market Size, Share & Growth Report 2030

Segments - Structural Adhesives Market by End-users (Automotive, Wind Energy, Construction, Aerospace, and Others), Resin Types (Polyurethane, Methyl Methacrylate, Epoxy, Acrylic, Cyanoacrylate, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

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Author : Riddhesh Dani
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Fact-checked by : Harneet Meher
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Editor : Shruti Bhat

Upcoming | Report ID :MC-4002 | 4.9 Rating | 80 Reviews | 202 Pages | Format : PDF Excel PPT

Report Description


The global structural adhesives market size is anticipated to register a considerable CAGR during the forecast period, 2021-2028. The growth of the market is attributed to increasing demand in the automotive and construction sectors.

Structural adhesives are the form of adhesives that are used to join materials such as thermoplastics, composites, metals, and others. Automotive, transportation, maritime, HVAC, wind energy, industrial assemblies, and construction are key industries that extensively utilize these solutions for various applications. These adhesives provide a variety of advantages over traditional fastening adhesives. Structural adhesives can also be defined as load-bearing adhesives owing to its ability to harden on the surface and solidify between two dissimilar surfaces.

Global Structural Adhesives Market Outlook

These adhesives can tolerate tremendous pressure for a long period but they become weak if they are subjected to a lot of vibrations, shock, or temperature changes. Structural adhesives offer a wide range of uses in a variety of sectors. Structural adhesives are used in aircraft manufacturing to bond metal and composite components along with extensive used to repair damages. These are also used in construction work for bonding drywall or fixtures to walls or ceilings and in the automotive industry to connect various parts without the need for welding in many components.

The COVID-19 outbreak has posed negative impact on the structural adhesives market due to imposed restrictions and enforced lockdowns by respective regulatory bodies, which resulted in disruption in demand and supply chain globally. The market is expected to recover soon as emergency lockdown is lifted by the government gradually across the globe.

  • Growing demand for various applications in the aerospace industry is expected to boost the market in the coming years.
  • Increasing use of adhesive for binding in construction works and growing expansion of construction activities in developing countries are key factors driving the market.
  • Strict regulations for eco-friendly materials along with increasing environmental and health concerns regarding the use of adhesives is anticipated to hinder the market expansion during the projected period.
  • Different characteristic limitation related to several adhesives present a major challenge. This is anticipated to hamper the market growth in the projected period.
  • Increasing demand for green, non-hazardous, and sustainable structural adhesives is projected to create significant growth opportunities for the market in the near future.

Scope of Structural Adhesives Market Report

The report on the global structural adhesives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Structural Adhesives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

End-users (Automotive, Wind Energy, Construction, Aerospace, and Others) and Resin Types (Polyurethane, Methyl Methacrylate, Epoxy, Acrylic, Cyanoacrylate, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Henkel AG & Co. KGaA; DuPont; Arkema S.A.; H.B. Fuller; and 3M Co.

Structural Adhesives Market Segment Insights

Construction segment to grow at a rapid pace

Based on end-users, the global structural adhesives market is divided into automotive, wind energy, construction, aerospace, and others. The construction segment is expected to grow at a rapid pace during the forecast period owing to rising use of structural adhesive to harden the surface and solidify between two dissimilar surfaces. However, the automotive segment is anticipated to hold a key share of the market in the coming years due to replacement of fasteners with adhesives, which helps in wide usage of the solution.

Global Structural Adhesives Market End Users

Epoxy segment to expand at a considerable CAGR

On the basis of resin types, the market is segregated into polyurethane, methyl methacrylate, epoxy, acrylic, cyanoacrylate, and others. The epoxy segment is projected to expand at a considerable CAGR during the forecast period attributed to the ability to sustain heavy load. Additionally, other factors influencing its rising adoption include superior bonding power, sustainability to produce, heavy load-bearing, and excellent ability to bind several different kinds of surfaces. This is expected to drive the segment further.

North America to constitute a key market share

In terms of regions, the global structural adhesives market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period owing to the expansion of the construction and manufacturing sectors across the region. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period attributed to the increased industrial output and economic growth of major economies in the region.

Global Structural Adhesives Market Region

Segments

The global structural adhesives market has been segmented on the basis of

End-users

  • Automotive
  • Wind Energy
  • Construction
  • Aerospace
  • Others

Resin Types

  • Polyurethane
  • Methyl Methacrylate
  • Epoxy
  • Acrylic
  • Cyanoacrylate
  • Others

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • H.B. Fuller
  • Henkel AG & Co. KGaA
  • 3M Co.
  • DuPont
  • Arkema S.A.

Competitive Landscape

Key players competing in the global structural adhesives market are Henkel AG & Co. KGaA; DuPont; Arkema S.A.; H.B. Fuller; and 3M Co. As part of their efforts to expand their client base and acquire a competitive advantage over competitors, manufacturers operating in the market have adopted various strategic initiatives such as partnerships, collaborations, and mergers & acquisitions. Moreover, companies are focusing on investment in R&D for development and launching of new products to maintain their competitive positions in the market.

Global Structural Adhesives Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Structural Adhesives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Structural Adhesives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Structural Adhesives Market - Supply Chain
  4.5. Global Structural Adhesives Market Forecast
     4.5.1. Structural Adhesives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Structural Adhesives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Structural Adhesives Market Absolute $ Opportunity
5. Global Structural Adhesives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Structural Adhesives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Structural Adhesives Demand Share Forecast, 2019-2026
6. North America Structural Adhesives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Structural Adhesives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Structural Adhesives Demand Share Forecast, 2019-2026
7. Latin America Structural Adhesives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Structural Adhesives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Structural Adhesives Demand Share Forecast, 2019-2026
8. Europe Structural Adhesives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Structural Adhesives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Structural Adhesives Demand Share Forecast, 2019-2026
9. Asia Pacific Structural Adhesives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Structural Adhesives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Structural Adhesives Demand Share Forecast, 2019-2026
10. Middle East & Africa Structural Adhesives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Structural Adhesives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Structural Adhesives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Structural Adhesives Market: Market Share Analysis
  11.2. Structural Adhesives Distributors and Customers
  11.3. Structural Adhesives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Henkel AG & Co. KGaA
     11.4.2. DuPont
     11.4.3. Arkema S.A.
     11.4.4. H.B. Fuller
     11.4.5. 3M Co.

Methodology

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