Market Overview:
The global threadlockers 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 threadlockers in various applications such as automotive, consumer electronics, industrial, medical and home appliance among others. In terms of type, the low strength level segment is expected to dominate the market during the forecast period owing to its low cost and easy availability as compared to other types of threadlockers.
Product Definition:
Threadlockers are used to prevent fasteners from loosening due to vibration. They are also used as a temporary adhesive to hold parts in place while they are being assembled or repaired.
Low Strength Level:
Low strength level is a measure of the force that can be applied by a given material to Young's Modulus or Ultimate tensile strength. It is used as an independent variable in formulas for determining adhesion, elongation and torque characteristics of fasteners.
The low-strength level (LSL) fasteners are widely used in industrial applications such as machine parts, automotive components and household appliances among others owing to their properties such as high mechanical strength, resistance against corrosion.
Medium Strength Level:
Medium strength level is the most commonly used in threadlockers market. It provides resistance to water, solvents and most organic solvents but not to high temperature. Medium strength level is usually available in two forms which are liquid and paste. The product can be applied by brush, spray or immersion depending on application requirements.
The global medium strength level market was valued at USD 648 million in 2016.
Application Insights:
The automotive application segment accounted for the largest share of over 30.0% in 2017. The use of threadlockers in automobiles is essential to maintain the integrity of fasteners and assembly components, which leads to an increased demand for these products from various end-use industries. In addition, increasing penetration of electronic goods in developing countries such as India and China is expected to drive the market growth over the forecast period.
The industrial application segment was valued at USD 1,000 million in 2017 owing to high product usage across a wide range of industries including construction & mining equipment manufacturing where it is used as a safety device between moving parts or machinery components that are coupled together during installation or maintenance operations. Furthermore, they are also used extensively across heavy industrial machinery applications on account with their superior performance characteristics when compared with conventional mechanical fasteners such as nuts and bolts that offer greater strength against vibration, pressure resistance along with ease of installation process due to its self-locking feature.
Regional Analysis:
North America dominated the global threadlockers market in 2017 owing to the presence of a large number of key automotive manufacturers, such as General Motors Company; Ford Motor Company; and Fiat Chrysler Automobiles N.V. The region is expected to maintain its dominance over the forecast period due to increasing demand for passenger cars and light commercial vehicles from developing economies, such as Brazil, Mexico, India and China (BMIC).
Asia Pacific is projected to be one of the fastest-growing regions during the forecast period owing to rapid industrialization along with growing consumer electronics production in China and India. In addition, rising disposable income coupled with expanding application scope will drive regional growth further.
Europe accounted for over 20% share of global revenue in 2017 on account of high automobile manufacturing levels across Germany Italy Spain Russia France U.K., etc.).
Growth Factors:
- Increasing demand for threaded fasteners in automotive and aerospace industries
- Growing popularity of threadlockers as an assembly adhesive
- Rising demand for high-performance threadlockers
- Proliferation of online retail platforms that offer a wide range of threadlockers products
- Technological advancements in the field of adhesives and sealants
Scope Of The Report
Report Attributes
Report Details
Report Title
Threadlockers Market Research Report
By Type
Low Strength Level, Medium Strength Level, High Strength Level
By Application
Automotive, Consumer Electronics, Industrial, Medical, Home Appliance, Other
By Companies
Henkel Corporation, ND Industries, Sylmasta, Permabond Engineering Adhesives Ltd, Pre-Applied Technologies Ltd, Henkel 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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Threadlockers Market Report Segments:
The global Threadlockers market is segmented on the basis of:
Types
Low Strength Level, Medium Strength Level, High Strength Level
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
Automotive, Consumer Electronics, Industrial, Medical, Home Appliance, Other
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
- ND Industries
- Sylmasta
- Permabond Engineering Adhesives Ltd
- Pre-Applied Technologies Ltd
- Henkel Corporation
Highlights of The Threadlockers 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:
- Low Strength Level
- Medium Strength Level
- High Strength Level
- By Application:
- Automotive
- Consumer Electronics
- Industrial
- Medical
- Home Appliance
- Other
- 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 Threadlockers 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Threadlockers are a type of adhesive that is used to secure objects together. They come in a variety of forms, including liquid and paste, and can be used on both metal and plastic surfaces.
Some of the major players in the threadlockers market are Henkel Corporation, ND Industries, Sylmasta, Permabond Engineering Adhesives Ltd, Pre-Applied Technologies Ltd, Henkel Corporation.
The threadlockers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Threadlockers 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 Threadlockers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Threadlockers 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 Threadlockers 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 Threadlockers Market Size & Forecast, 2020-2028
4.5.1 Threadlockers Market Size and Y-o-Y Growth
4.5.2 Threadlockers Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Low Strength Level
5.2.2 Medium Strength Level
5.2.3 High Strength Level
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Consumer Electronics
6.2.3 Industrial
6.2.4 Medical
6.2.5 Home Appliance
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Threadlockers 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 Threadlockers 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Low Strength Level
9.6.2 Medium Strength Level
9.6.3 High Strength Level
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 Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Consumer Electronics
9.10.3 Industrial
9.10.4 Medical
9.10.5 Home Appliance
9.10.6 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Low Strength Level
10.6.2 Medium Strength Level
10.6.3 High Strength Level
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 Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Consumer Electronics
10.10.3 Industrial
10.10.4 Medical
10.10.5 Home Appliance
10.10.6 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Low Strength Level
11.6.2 Medium Strength Level
11.6.3 High Strength Level
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 Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Consumer Electronics
11.10.3 Industrial
11.10.4 Medical
11.10.5 Home Appliance
11.10.6 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Low Strength Level
12.6.2 Medium Strength Level
12.6.3 High Strength Level
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 Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Consumer Electronics
12.10.3 Industrial
12.10.4 Medical
12.10.5 Home Appliance
12.10.6 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Low Strength Level
13.6.2 Medium Strength Level
13.6.3 High Strength Level
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) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Consumer Electronics
13.10.3 Industrial
13.10.4 Medical
13.10.5 Home Appliance
13.10.6 Other
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 Threadlockers Market: Competitive Dashboard
14.2 Global Threadlockers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel Corporation
14.3.2 ND Industries
14.3.3 Sylmasta
14.3.4 Permabond Engineering Adhesives Ltd
14.3.5 Pre-Applied Technologies Ltd
14.3.6 Henkel Corporation
