Market Overview:
The global two component acrylic adhesive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for two component acrylic adhesives from various end-use industries, such as IGBT power device, automobile, concentrated photovoltaic (CPV), aerospace and others. In terms of type, the aluminum nitride segment is projected to lead the global two component acrylic adhesive market during the forecast period. This growth can be attributed to its properties such as high thermal conductivity and low dielectric constant that make it suitable for use in various applications, such as IGBT power devices and automobiles.
Product Definition:
A two-component acrylic adhesive is a type of adhesive that is composed of two parts that are mixed together before use. This type of adhesive is often used in construction and manufacturing applications because it can bond a variety of materials together, including metal, plastic, and wood.
Aluminum Nitride:
Aluminum nitride or aluminum oxide is a compound of the alumina type, which occurs in nature as mineral species including anglesite and leonite. It has a high density, close to 9.8 g/cm3, and is insoluble in water and most organic compounds.
Alumina:
Alumina is a type of mineral, which contains aluminum and oxygen. The chemical formula for alumina is Al2O3.
Commercially it is produced by the Bayer process which involves fusing aluminum oxide with soda ash or by the Solvay process where bauxite (aluminum ore) is reacted with carbon dioxide.
Application Insights:
The other application segment includes electronics, medical devices, and packaging. The market for two component acrylic adhesive in this segment is expected to witness growth owing to its increasing use in electronic device manufacturing. For instance, the rising demand for smartphones is fueling the growth of this market due to increase production of these devices globally. In addition, growing utilization of electronic devices in various end-use industries such as automotive and transportation; healthcare; telecommunications; consumer durables & appliances; aerospace & defense will fuel demand over the forecast period.
The IGBT power device application segment accounted for a significant revenue share in 2016 owing to its rising use across multiple applications such as semiconductor equipment manufacturing and photovoltaic module assembly plant construction which are majorly based on Asia Pacific region.
Regional Analysis:
Asia Pacific dominated the global two component acrylic adhesive market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for power electronics and automobiles from emerging economies such as China, India, Indonesia, Malaysia and Thailand.
The growing manufacturing sector coupled with rising infrastructure investment is anticipated to drive product demand across Europe during the forecast period. However, stringent environmental regulations by various regulatory bodies such as ECHA are likely to pose a challenge for manufacturers across this region.
North America accounted for more than 10% of total market share in 2017 owing to high concentration of solar cell manufacturing facilities along with aerospace industry presence mainly based out of U S A and Canada which has been witnessing robust growth since past few years due tp increased investments by Boeing Co.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising demand for lightweight and durable adhesives
- Growing popularity of two component acrylic adhesive among DIY enthusiasts
- Technological advancements in adhesive manufacturing process
- Rising awareness about the benefits of two component acrylic adhesive
Scope Of The Report
Report Attributes
Report Details
Report Title
Two Component Acrylic Adhesive Market Research Report
By Type
Aluminum Nitride, Alumina, Silicon Nitride
By Application
IGBT Power Device, Automobile, Concentrated Photovoltaic (CPV), Aerospace, Other
By Companies
Ferrotec(Shanghai Shenhe Thermo-Magnetics Electronics) (China), Heraeus Electronics (Germany), KCC (Korea), KYOCERA Corporation, Nanjing Zhongjiang New Material Science & Technology (China), NGK Electronics Devices (Japan), Remtec (US), Rogers (Germany), Stellar Industries Corp (US), Suzhou Jiu'ao New Material Co., Ltd., Tong Hsing (Taiwan), Zibo Linzi Yinhe High-Tech Development (China)
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
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Two Component Acrylic Adhesive Market Report Segments:
The global Two Component Acrylic Adhesive market is segmented on the basis of:
Types
Aluminum Nitride, Alumina, Silicon Nitride
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
IGBT Power Device, Automobile, Concentrated Photovoltaic (CPV), Aerospace, 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:
- Ferrotec(Shanghai Shenhe Thermo-Magnetics Electronics) (China)
- Heraeus Electronics (Germany)
- KCC (Korea)
- KYOCERA Corporation
- Nanjing Zhongjiang New Material Science & Technology (China)
- NGK Electronics Devices (Japan)
- Remtec (US)
- Rogers (Germany)
- Stellar Industries Corp (US)
- Suzhou Jiu'ao New Material Co., Ltd.
- Tong Hsing (Taiwan)
- Zibo Linzi Yinhe High-Tech Development (China)
Highlights of The Two Component Acrylic Adhesive 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:
- Aluminum Nitride
- Alumina
- Silicon Nitride
- By Application:
- IGBT Power Device
- Automobile
- Concentrated Photovoltaic (CPV)
- Aerospace
- 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 Two Component Acrylic Adhesive 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?
Two component acrylic adhesive is a type of adhesive that consists of two different types of adhesives. The first type is a water-based adhesive, and the second type is an oil-based adhesive.
Some of the major players in the two component acrylic adhesive market are Ferrotec(Shanghai Shenhe Thermo-Magnetics Electronics) (China), Heraeus Electronics (Germany), KCC (Korea), KYOCERA Corporation, Nanjing Zhongjiang New Material Science & Technology (China), NGK Electronics Devices (Japan), Remtec (US), Rogers (Germany), Stellar Industries Corp (US), Suzhou Jiu'ao New Material Co., Ltd., Tong Hsing (Taiwan), Zibo Linzi Yinhe High-Tech Development (China).
The two component acrylic adhesive 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 Two Component Acrylic Adhesive 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 Two Component Acrylic Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Two Component Acrylic Adhesive 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 Two Component Acrylic Adhesive 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 Two Component Acrylic Adhesive Market Size & Forecast, 2020-2028
4.5.1 Two Component Acrylic Adhesive Market Size and Y-o-Y Growth
4.5.2 Two Component Acrylic Adhesive 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 Aluminum Nitride
5.2.2 Alumina
5.2.3 Silicon Nitride
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 IGBT Power Device
6.2.2 Automobile
6.2.3 Concentrated Photovoltaic (CPV)
6.2.4 Aerospace
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Two Component Acrylic Adhesive 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 Two Component Acrylic Adhesive 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 Aluminum Nitride
9.6.2 Alumina
9.6.3 Silicon Nitride
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 IGBT Power Device
9.10.2 Automobile
9.10.3 Concentrated Photovoltaic (CPV)
9.10.4 Aerospace
9.10.5 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 Aluminum Nitride
10.6.2 Alumina
10.6.3 Silicon Nitride
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 IGBT Power Device
10.10.2 Automobile
10.10.3 Concentrated Photovoltaic (CPV)
10.10.4 Aerospace
10.10.5 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 Aluminum Nitride
11.6.2 Alumina
11.6.3 Silicon Nitride
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 IGBT Power Device
11.10.2 Automobile
11.10.3 Concentrated Photovoltaic (CPV)
11.10.4 Aerospace
11.10.5 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 Aluminum Nitride
12.6.2 Alumina
12.6.3 Silicon Nitride
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 IGBT Power Device
12.10.2 Automobile
12.10.3 Concentrated Photovoltaic (CPV)
12.10.4 Aerospace
12.10.5 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 Aluminum Nitride
13.6.2 Alumina
13.6.3 Silicon Nitride
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 IGBT Power Device
13.10.2 Automobile
13.10.3 Concentrated Photovoltaic (CPV)
13.10.4 Aerospace
13.10.5 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 Two Component Acrylic Adhesive Market: Competitive Dashboard
14.2 Global Two Component Acrylic Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ferrotec(Shanghai Shenhe Thermo-Magnetics Electronics) (China)
14.3.2 Heraeus Electronics (Germany)
14.3.3 KCC (Korea)
14.3.4 KYOCERA Corporation
14.3.5 Nanjing Zhongjiang New Material Science & Technology (China)
14.3.6 NGK Electronics Devices (Japan)
14.3.7 Remtec (US)
14.3.8 Rogers (Germany)
14.3.9 Stellar Industries Corp (US)
14.3.10 Suzhou Jiu'ao New Material Co., Ltd.
14.3.11 Tong Hsing (Taiwan)
14.3.12 Zibo Linzi Yinhe High-Tech Development (China)
