Market Overview:
The global elastic bonding adhesives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for elastic bonding adhesives from various end-use industries, such as construction, industrial, and automotive. In terms of volume, the global elastic bonding adhesive market was estimated at 2,584 kilotons in 2017 and is projected to reach 3,814 kilotons by 2030. In terms of type, polyurethane adhesive held a major share of the global elastic bonding adhesive market in 2017. This can be attributed to its properties such as high strength and durability coupled with resistance against adverse environmental conditions.
Product Definition:
Elastic Bonding Adhesives are a class of adhesive that forms an elastic bond. This type of adhesive is often used in applications where parts need to be able to move freely, such as in automotive or aerospace manufacturing. The importance of Elastic Bonding Adhesives lies in their ability to create strong bonds while still allowing for movement between parts. This allows components to withstand the stress put on them during regular use, while also preventing wear and tear.
Polyurethane Adhesive:
Polyurethane adhesive (PUA) is a type of synthetic rubber-like adhesive, which is produced by the reaction of urethane with polyols or amines. It has high strength and viscosity and can be used in various applications including sealing materials, wood & furniture, automotive & transportation. PUA offers several advantages over other bonding agents such as increased productivity due to fast setting time along with superior resistance to chemicals and solvents.
Silicone Adhesive:
Silicone adhesive is a cross-linked polymer that contains three or more silicon atoms in a molecule. It has excellent adhesion to most substrates and is considered as the best of all materials for elastic bonding. The product also provides high heat resistance, improved mechanical strength, and longer durability than other products such as polyurethane and epoxy adhesives.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The rising population, coupled with increasing urbanization, has led to an increase in demand for infrastructure development across the globe. This, in turn, is likely to fuel product demand from 2018 to 2030.
Elastic bonding finds applications across several industries including automotive & transportation and industrial assembly where high-performance adhesives are required for components that require a good deal of stress resistance or must be able to bear heavy loads without breaking down. These products also find their usage as general purpose adhesives used across multiple industries such as construction & building materials and consumer goods among others owing to their high performance characteristics when compared with conventional mechanical fasteners or rivets which can result in reduced production costs along with improved quality control procedures leading ultimately into higher profit margins for companies manufacturing using these products thereby contributing significantly towards market growth over the coming years.
Regional Analysis:
Asia Pacific was the largest market for global elastic bonding adhesives in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a large share of global population, with growing urbanization and industrial activities. Growing construction industry in emerging economies such as China, India, Indonesia and Malaysia is also anticipated to drive demand over the next eight years.
North America accounted for a significant share of revenue in 2016 owing to high product penetration due to extensive usage by residential application especially flooring coupled with renovation activities which are projecteded grow at a rapid rate during the forecast period.
Growth Factors:
- Increasing demand from end-use industries: The global elastic bonding adhesives market is witnessing a significant growth due to the increasing demand from end-use industries such as automotive, construction, and packaging.
- Rising awareness about the benefits of elastic bonding adhesives: The growing awareness about the benefits of using elastic bonding adhesives is another key factor driving the market growth. These adhesives offer superior performance characteristics such as high bond strength, chemical resistance, and thermal stability when compared to traditional adhesive products.
- Technological advancements in adhesive formulations: Adhesive manufacturers are focusing on developing innovative adhesive formulations that can meet the specific requirements of various end-use applications. This is helping to boost the adoption of elastic bonding adhesives across different industry verticals.
- Growing popularity of green building practices: There is a growing trend among construction companies to adopt green building practices, which has led to an increase in demand for environmentally friendly adhesive products such as elastic bonding adhesives. These products are non-toxic and do not release harmful fumes into the environment during application or curing process
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastic Bonding Adhesives Market Research Report
By Type
Polyurethane Adhesive, Silicone Adhesive, Silane Modified Polymer Adhesive, Others
By Application
Construction, Industrial, Automotive
By Companies
Henkel Corporation, Sika AG, Bostik, DoW Chemical Company, 3M Company, H. B. Fuller, Wacker Chemie AG, Weicon GMBH & Co. Kg, Threebond Group, Cemedine Co., Ltd., Cabot Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Elastic Bonding Adhesives Market Report Segments:
The global Elastic Bonding Adhesives market is segmented on the basis of:
Types
Polyurethane Adhesive, Silicone Adhesive, Silane Modified Polymer Adhesive, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Industrial, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Henkel Corporation
- Sika AG
- Bostik
- DoW Chemical Company
- 3M Company
- H. B. Fuller
- Wacker Chemie AG
- Weicon GMBH & Co. Kg
- Threebond Group
- Cemedine Co., Ltd.
- Cabot Corporation
Highlights of The Elastic Bonding Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyurethane Adhesive
- Silicone Adhesive
- Silane Modified Polymer Adhesive
- Others
- By Application:
- Construction
- Industrial
- Automotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elastic Bonding Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elastic bonding adhesives are a type of adhesive that is used to join two pieces of plastic or other materials. They are also known as rubber-based adhesives, because they use rubber as the adhesive agent. Elastic bonding adhesives work by creating a bond between the two surfaces that is strong but flexible. This makes them ideal for use in applications where flexibility is important, such as in manufacturing and construction.
Some of the major players in the elastic bonding adhesives market are Henkel Corporation, Sika AG, Bostik, DoW Chemical Company, 3M Company, H. B. Fuller, Wacker Chemie AG, Weicon GMBH & Co. Kg, Threebond Group, Cemedine Co., Ltd., Cabot Corporation.
The elastic bonding adhesives market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Elastic Bonding 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. Elastic Bonding Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Elastic Bonding Adhesives Market - Supply Chain
4.5. Global Elastic Bonding Adhesives Market Forecast
4.5.1. Elastic Bonding Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Elastic Bonding Adhesives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Elastic Bonding Adhesives Market Absolute $ Opportunity
5. Global Elastic Bonding Adhesives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Elastic Bonding Adhesives Market Size and Volume Forecast by Type
5.3.1. Polyurethane Adhesive
5.3.2. Silicone Adhesive
5.3.3. Silane Modified Polymer Adhesive
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Elastic Bonding Adhesives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Elastic Bonding Adhesives Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Industrial
6.3.3. Automotive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Elastic Bonding Adhesives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Elastic Bonding Adhesives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Elastic Bonding Adhesives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Elastic Bonding Adhesives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Elastic Bonding Adhesives Demand Share Forecast, 2019-2026
9. North America Elastic Bonding 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
9.2. North America Elastic Bonding Adhesives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Elastic Bonding Adhesives Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Industrial
9.4.3. Automotive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Elastic Bonding Adhesives Market Size and Volume Forecast by Type
9.7.1. Polyurethane Adhesive
9.7.2. Silicone Adhesive
9.7.3. Silane Modified Polymer Adhesive
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Elastic Bonding Adhesives Demand Share Forecast, 2019-2026
10. Latin America Elastic Bonding 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. Latin America Average Pricing Analysis
10.2. Latin America Elastic Bonding Adhesives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Elastic Bonding Adhesives Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Industrial
10.4.3. Automotive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Elastic Bonding Adhesives Market Size and Volume Forecast by Type
10.7.1. Polyurethane Adhesive
10.7.2. Silicone Adhesive
10.7.3. Silane Modified Polymer Adhesive
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Elastic Bonding Adhesives Demand Share Forecast, 2019-2026
11. Europe Elastic Bonding Adhesives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Elastic Bonding Adhesives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Elastic Bonding Adhesives Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Industrial
11.4.3. Automotive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Elastic Bonding Adhesives Market Size and Volume Forecast by Type
11.7.1. Polyurethane Adhesive
11.7.2. Silicone Adhesive
11.7.3. Silane Modified Polymer Adhesive
11.7.4. Others
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Elastic Bonding Adhesives Demand Share, 2019-2026
12. Asia Pacific Elastic Bonding Adhesives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Elastic Bonding Adhesives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Elastic Bonding Adhesives Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Industrial
12.4.3. Automotive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Elastic Bonding Adhesives Market Size and Volume Forecast by Type
12.7.1. Polyurethane Adhesive
12.7.2. Silicone Adhesive
12.7.3. Silane Modified Polymer Adhesive
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Elastic Bonding Adhesives Demand Share, 2019-2026
13. Middle East & Africa Elastic Bonding Adhesives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Elastic Bonding Adhesives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Elastic Bonding Adhesives Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Industrial
13.4.3. Automotive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Elastic Bonding Adhesives Market Size and Volume Forecast by Type
13.7.1. Polyurethane Adhesive
13.7.2. Silicone Adhesive
13.7.3. Silane Modified Polymer Adhesive
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Elastic Bonding Adhesives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Elastic Bonding Adhesives Market: Market Share Analysis
14.2. Elastic Bonding Adhesives Distributors and Customers
14.3. Elastic Bonding Adhesives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Henkel Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sika AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bostik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DoW Chemical Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. 3M Company
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. H. B. Fuller
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wacker Chemie AG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Weicon GMBH & Co. Kg
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Threebond Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cemedine Co., Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cabot Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook