Marine Adhesives Market valued USD 341.22 Billion in 2018 and expected to reach USD 531.69 Billion by 2026, at a CAGR of 5.70%.

Marine Adhesives Market

Escalating demand for marine adhesives to bond substrates such as metals, plastics, composites in place of conventional fasteners to enable a reduction in weight of vessels is driving the marine adhesives market. Expansion in demand for modified passenger vessels is trending in marine adhesives market.

Marine adhesive market considering the vessel segment, boat type holds the largest market share for marine adhesives market. Growth of underwater adventure sports along with increased spending on modification activities has been two key factors that have eventually boosted demand for usage for marine adhesive for boats. Further polyurethane segment leads of marine adhesive market. Growing application of polyurethane adhesives for different bonding purposes such as deck to hull bonding, glass window bonding, bonding deck hardware or decorative panels have further helped in rising demand for marine adhesives market.

North America accounted the largest share for the marine adhesive market on the basis of geography with the Asia Pacific accounting one of the highest growth rates. High growth rate can be attributed to the high number of marine adhesive manufacturer’s base in China along with growing sea-trade activities that has further augmented overall demand for marine adhesives in the Asia Pacific region.
Scope of the Report:

Marine Adhesives Market, By Resin Type:

• Polyurethane
• Epoxy
• Acrylic
• Others
Marine Adhesives Market, By Substrate Type:

• Composites
• Metals
• Plastics
• Others
Marine Adhesives Market, By Vessel:

• Passenger Ships
• Cargo Ships
• Boats
• Others
Marine Adhesives Market, By Application:

• Glazing
• Panel Bonding
• Deck Systems
• Others
Marine Adhesives Market, By Geography:

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• Latin America
Key Players operating in the Marine Adhesives market:

• Ashland (U.S.)
• LORD Corporation (U.S.)
• Scott Bader (U.K.)
• Henkel (Germany),
• H.B. Fuller (U.S.),
• HYBOND (U.K.),
• Permabond (U.K.),
• Master Bond (U.S.),
• 3M (U.S.),
• Sika (Switzerland),

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