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 a wide range of application areas ranging from aerospace to kitchen appliances to sporting goods and automobiles. These adhesives can carry substantial stresses, and lend themselves to structural applications.
Based on resin type, the structural adhesives market is segmented into epoxy, polyurethane, acrylic, methyl methacrylate, cyanoacrylate, and others.
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On the basis of substrate, the structural adhesives market is classified into metals, plastics, wood, composites, and others.
Based on application, the structural adhesives market is segmented into building and construction, automotive, wind, energy, marine, rail, aerospace, and others.
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.
The various key players in the structural adhesives market is introducing advanced product in the market for variety of applications to stay competitive in the market. 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