Bonding Adhesives Market: is expected to reach US$ 5.78 Bn. at a CAGR of 7.10% during the forecast period 2029.
Bonding Adhesives Market Overview:
Maximize Market Research’s new report, Global Bonding Adhesives Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Bonding Adhesives market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Bonding Adhesives market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide Bonding Adhesives market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Segmentation:
by Type
• Glass Bonding Adhesives
• Fiber-Bonding Adhesives
• Metal-Bonding Adhesives
• Others (Including Friction Bonding Adhesives)
The segment is broken down by type into friction bonding adhesives, glass bonding adhesives, fibre bonding adhesives, metal bonding adhesives, and others. The market for bonding adhesives is dominated by glass bonding adhesives. Glass bond adhesives are expected to hold a market share of USD 1.89 billion over the course of the forecast period, rising at a CAGR of 7.8%. Monomers, oligomers, and additives are only a few of the raw components used to make glass bonding adhesives. UV-curable acrylate, silicone, UV-curable epoxy, polyurethane, and other materials are examples of glass bonding adhesives.
Glass bond adhesives are used in a wide range of industries, including electronics, furniture, transportation, medicine, and industry. Low-temperature resistance, strong bond strength, outstanding glass bond adhesion properties, and thermal stability are the driving characteristics of glass bonding adhesives.
by Application
• Building and Construction
• Automotive
• Packaging
• Electronics
• Industrial Assembly
• Transportation
• Medical
• Furniture
The market is divided into several application categories, including automotive, packaging, electronics, industrial assembly, transportation, medical, and furniture. In the construction sector, bonding adhesives are used for many different things, including carpet, tiling, wallpaper, and exterior insulation systems. Curtain wall panels and insulating glass modules are also held in place by bonding adhesives. Therefore, the construction industry’s rising demand for bonding adhesives is a major market driver.
The application segment’s second leader is the medical device industry. Polycarbonate medical devices such filters, blood pressure transducers, arteriography manifolds, cardiotomy reservoirs, and blood oxygenators are adhered together using acrylic-based adhesives. Epoxies are also used to assemble filter parts. The various adhesives utilised in medicine include structural adhesive.
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Key Players:
It then discusses the top competitors in the worldwide Bonding Adhesives market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
• H.B. Fuller Co.
• The 3M Company
• Perma Bond Engineering Adhesives Ltd.
• The Dow Chemical Company
• Three Bond Holdings Co. Ltd.
• Sika A.G
• Bohle Group
• Henkel A.G & Co. KGAA
• Dymax Corporation
• Ashland Inc.
• KIWO.
• Huntsman Advanced Materials
• Dymax Corporation
• Royal Dutch Shell
• Sika A.G.,
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Regional Analysis:
The report has analyzed the global Bonding Adhesives market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Bonding Adhesives market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Bonding Adhesives Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the Bonding Adhesives Market Report are:
- Which are the major companies in the Bonding Adhesives market?
- Which is the potential market for Bonding Adhesives in terms of the region?
- Which application area of Bonding Adhesives is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Bonding Adhesives market size by 2027?
- What are the growth prospects for the Bonding Adhesives market?
- What is the base year considered in the Bonding Adhesives market report?
- Which region holds the largest market share in the Bonding Adhesives market?
- What factors are anticipated to drive the Bonding Adhesives market?