Market Overview:
The global structure adhesives market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to the increasing demand for adhesives from end-use industries such as aerospace, machinery manufacturing, and engineering components. In terms of type, epoxy resin adhesive is expected to hold a major share in the global structure adhesive market during the forecast period. This can be attributed to its properties such as high bonding strength and chemical resistance.
Product Definition:
Structure adhesives are used to join two surfaces together. They are important because they provide a strong bond that can hold up under stress.
Epoxy Resin Adhesive:
Epoxy resin adhesive is a thermosetting polymer that contains an epoxide group. It exhibits superior properties such as high strength, heat resistance, and adhesion to a wide range of substrates. Epoxy resins are used in structural adhesives for lamination applications and have been gaining importance on account of their excellent mechanical properties along with long-term durability.
The global epoxy resin adhesive market size was valued at USD 2.64 billion in 2015.
Acrylate Adhesive:
Acrylate adhesive is a chemical that belongs to the class of chemicals known as acrylic or methacrylic acid adhesives. They are characterized by high molecular weight and an amorphous structure. Acrylate adhesives are used in various end-use industries such as construction, automotive, packaging, furniture & furnishing and electronics owing to their excellent water resistance properties along with high bonding strength.
Application Insights:
The aerospace application segment led the global structure adhesives market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing use of composites in aircraft manufacturing, which helps reduce overall weight and cost, thereby improving fuel efficiency and reducing operating costs.
Aerospace components are generally subjected to high temperatures & pressures during manufacturing process; therefore they require adhesive that can withstand high heat & pressure without compromising on structural integrity or performance requirements such as strength, durability and bonding ability required for these applications. Therefore manufacturers focus on developing new products with enhanced properties that meet all industry standards while offering better value for money as compared to traditional products used in aerospace industry.
Regional Analysis:
Asia Pacific dominated the global structure adhesives market in 2016 and is expected to continue its dominance over the next eight years. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as aerospace, automotive, marine and others are some factors driving the region’s growth.
The growing manufacturing sector in emerging economies such as China and India is also anticipated to contribute towards industry growth over the forecast period. In addition, favorable government regulations aimed at promoting foreign direct investments are likely to create new opportunities for industry participants in future.
Europe was estimated at USD X million in 2016 owing to high consumption levels from several major application industries including machinery manufacturing, automotive and transportation equipment sectors that drive product demand across this region.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising demand for lightweight and durable materials in automotive and aerospace sectors
- Growing popularity of composites over traditional materials in various end-use applications
- Technological advancements in adhesives technology
- Stringent environmental regulations favoring the use of eco-friendly adhesives
Scope Of The Report
Report Attributes
Report Details
Report Title
Structure Adhesives Market Research Report
By Type
Epoxy Resin Adhesive, Acrylate Adhesive, Anaerobic Adhesive, Others
By Application
Aerospace, Machinery Manufacturing, Engineering Components
By Companies
Toray Advanced Composites, Hexcel Corporation, Hernon® Manufacturing, INC, Ashland Global, Sika Group, 3M, LORD Corporation, TWI Ltd, Central Tapes & Adhesives Ltd, MG Chemicals, Toray Advanced Composites, Henkel
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Structure Adhesives Market Report Segments:
The global Structure Adhesives market is segmented on the basis of:
Types
Epoxy Resin Adhesive, Acrylate Adhesive, Anaerobic 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
Aerospace, Machinery Manufacturing, Engineering Components
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:
- Toray Advanced Composites
- Hexcel Corporation
- Hernon® Manufacturing, INC
- Ashland Global
- Sika Group
- 3M
- LORD Corporation
- TWI Ltd
- Central Tapes & Adhesives Ltd
- MG Chemicals
- Toray Advanced Composites
- Henkel
Highlights of The Structure 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:
- Epoxy Resin Adhesive
- Acrylate Adhesive
- Anaerobic Adhesive
- Others
- By Application:
- Aerospace
- Machinery Manufacturing
- Engineering Components
- 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 Structure 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Structure adhesives are a type of adhesive that is used to attach two or more pieces of material together. They are often used in construction and manufacturing, as they have the ability to bond materials quickly and easily.
Some of the major companies in the structure adhesives market are Toray Advanced Composites, Hexcel Corporation, Hernon® Manufacturing, INC, Ashland Global, Sika Group, 3M, LORD Corporation, TWI Ltd, Central Tapes & Adhesives Ltd, MG Chemicals, Toray Advanced Composites, Henkel.
The structure adhesives market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Structure Adhesives Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Structure Adhesives Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Structure Adhesives Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Structure Adhesives Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Structure Adhesives Market Size & Forecast, 2018-2028
4.5.1 Structure Adhesives Market Size and Y-o-Y Growth
4.5.2 Structure Adhesives Market Absolute $ Opportunity
Chapter 5 Global Structure Adhesives Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Structure Adhesives Market Size Forecast by Type
5.2.1 Epoxy Resin Adhesive
5.2.2 Acrylate Adhesive
5.2.3 Anaerobic Adhesive
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Structure Adhesives Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Structure Adhesives Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Machinery Manufacturing
6.2.3 Engineering Components
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Structure Adhesives Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Structure Adhesives Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Structure Adhesives Analysis and Forecast
9.1 Introduction
9.2 North America Structure Adhesives Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Structure Adhesives Market Size Forecast by Type
9.6.1 Epoxy Resin Adhesive
9.6.2 Acrylate Adhesive
9.6.3 Anaerobic Adhesive
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Structure Adhesives Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Machinery Manufacturing
9.10.3 Engineering Components
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Structure Adhesives Analysis and Forecast
10.1 Introduction
10.2 Europe Structure Adhesives Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Structure Adhesives Market Size Forecast by Type
10.6.1 Epoxy Resin Adhesive
10.6.2 Acrylate Adhesive
10.6.3 Anaerobic Adhesive
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Structure Adhesives Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Machinery Manufacturing
10.10.3 Engineering Components
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Structure Adhesives Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Structure Adhesives Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Structure Adhesives Market Size Forecast by Type
11.6.1 Epoxy Resin Adhesive
11.6.2 Acrylate Adhesive
11.6.3 Anaerobic Adhesive
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Structure Adhesives Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Machinery Manufacturing
11.10.3 Engineering Components
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Structure Adhesives Analysis and Forecast
12.1 Introduction
12.2 Latin America Structure Adhesives Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Structure Adhesives Market Size Forecast by Type
12.6.1 Epoxy Resin Adhesive
12.6.2 Acrylate Adhesive
12.6.3 Anaerobic Adhesive
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Structure Adhesives Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Machinery Manufacturing
12.10.3 Engineering Components
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Structure Adhesives Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Structure Adhesives Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Structure Adhesives Market Size Forecast by Type
13.6.1 Epoxy Resin Adhesive
13.6.2 Acrylate Adhesive
13.6.3 Anaerobic Adhesive
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Structure Adhesives Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Machinery Manufacturing
13.10.3 Engineering Components
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Structure Adhesives Market: Competitive Dashboard
14.2 Global Structure Adhesives Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toray Advanced Composites
14.3.2 Hexcel Corporation
14.3.3 Hernon® Manufacturing, INC
14.3.4 Ashland Global
14.3.5 Sika Group
14.3.6 3M
14.3.7 LORD Corporation
14.3.8 TWI Ltd
14.3.9 Central Tapes & Adhesives Ltd
14.3.10 MG Chemicals
14.3.11 Toray Advanced Composites
14.3.12 Henkel
