The structural adhesives market is predicted to grow at a revenue CAGR of 5.8% over the course of the forecast period, from a size of USD 14.42 billion in 2020. During the projected period, market revenue growth is anticipated to be driven by quickly expanding demand for structural adhesives from a variety of end-use sectors, including automotive, building construction, aerospace, and transportation.
Structural adhesives offer durable, dependable sealing and bonding where load-bearing and other structural requirements are crucial. They are designed for engineering applications across a wide range of industries. In structural applications, structural adhesives frequently serve as the main means of attachment. They are typically made of thermosetting resins that must undergo chemical crosslinking either by the inclusion of catalysts or through the use of a curing agent (hardener) or heat.
Some of the leading players in the global Structural Adhesives market:
Henkel AG Co. KGaA, Sika AG, 3M, DuPont de Nemours, Inc., Huntsman International LLC., Illinois Tool Works Inc., Arkema, H.B. Fuller Company, Ashland Global Specialty Chemicals Inc., and Cabot Corporation.
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Market Scenario:
Structural adhesives are being used more frequently in the car sector because they boost durability while allowing for more creative design options. Because there are no rivets, protruding nails, weld joints, or markings, structural adhesives have cleaner lines and better aesthetics. Due to a growing emphasis on making vehicles lighter, the need to comply with stricter pollution laws is driving demand for more lightweight materials like plastic and aluminium in the automotive industry. Because they lighten components and vehicles, structural adhesives are being used more frequently in automotive plastic products as a result of rising demand for lightweight materials in the sector.
Global demand for structural adhesives in the building and construction industry is increasing dramatically as a result of growing construction activity in both developed and developing nations. Structural adhesives' biggest markets are in construction and civil engineering. It is anticipated that the construction industry would increasingly use more advanced adhesives in order to benefit from better performance, strong adherence, and simpler application methods. Structural applications include bonding ceramic tiles to concrete, concrete to concrete, construction panels, masonry, sealing metal parts into concrete, installing exterior doors, composite bonding, civil engineering, structural glass and metal bonding, etc. Structural adhesives are used in these applications. Structural PU, epoxy adhesives, structural acrylics, and silicones are all necessary structural adhesives for building purposes.
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Structural Adhesives Market Segmentation:
Resin Type Outlook:
- Polyurethane
- Epoxy
- Cyanoacrylate
- Methyl Methacrylate
- Acrylic
- Others
Application Channel Outlook:
- Automotive
- Building Construction
- Wind Energy
- Aerospace
- Others
Technology Channel Outlook:
- Water-based
- Solvent-based
- Others
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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