The global structural adhesives market is registering a good growth in recent years, and anticipated to grow at a significant rate in the coming years, owing to wide range of application areas ranging from aerospace to kitchen appliances to sporting goods and automobiles.

Structural adhesives are relatively strong adhesives which are normally used below their glass transition temperature. They can be used to produce a load bearing joints. Also, these adhesives can join parts without detracting or interfering from their finish such as machine fasteners or welding.

These adhesives can carry substantial stresses, and lend themselves to structural applications.

Also, they are most economic among all types available in the market. However, cyanoacrylate type category is anticipated to register the fastest growth during the forecast period.

The structural adhesives market is segmented into epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others. Of all types, polyurethane type category dominated the market, due to their versatility as compared to other types.

Owing to its increasing demand in automotive sector in order to reduce the weight and increase fuel efficiency of the vehicles are the major factors contributing towards the market growth.

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The structural adhesives market is classified into metals, plastics, wood, composites, and others. Among all these, the composite substrate category is expected to register the highest growth during the forecast period.

The major factors responsible for driving the structural adhesives market are the increasing demand of lightweight vehicles along with low carbon emission, increasing demand of these adhesives in building and construction application, and increasing investment from emerging countries.

Thus, all these are driving the demand of these adhesives in the automotive industry.

The demand of these adhesives is increasing at a fast rate in the automotive industry, due to the various factors such as, it replaces mechanical fasteners and welds, improves vehicle strength, improves durability, improve manufacturing efficiencies, and reduce weight.

The expanding automotive industry, and increasing focus on renewable energy are the major factors driving the demand of these adhesives in the region, resulting in market growth.

Asia-Pacific is expected to be the fastest growing region in the structural adhesives market, which may be attributed to the increasing demand of these adhesives in countries such as China, India, Taiwan, Singapore, and others for variety of applications.

3M Company, Sika AG, H.B. Fuller, DowDuPont Inc., Huntsman Corporation, Ashland Inc., Henkel AG & Co. KGaA, Lord Corporation, Mater Bond Inc., Illinois Tool Works Inc., Bostik, Parson Adhesives, Inc., and Permabond LLC. are some of the key players operating in structural adhesives industry.

Source: VynZ Research