Structural Adhesives Market Analysis, Size, Segmentation and Industry Status 2020-2028

The global structural adhesives market size is expected to reach USD 22.47 Billion in 2028 and register a revenue CAGR of 5.8% over the forecast period, according to the latest report by Reports and Data. Rapid global structural adhesives market revenue growth can be attributed to rising demand for structural adhesives from various end-use industries including, automotive, building & construction, aerospace, and transportation. Rising need to meet stringent regulations and improve fuel efficiency in the automotive industry is driving steady demand for lightweight materials and increasing usage of mixed materials in automotive design and applications. Rising utilization of mixed materials is also resulting in increasing demand for structural adhesives. The use of adhesive-bonded mixed materials is expected to make a double contribution to light weighting in the automotive industry. The utilization of structural adhesives helps in overcoming the potential downsides of combining mixed materials, which includes prevention of galvanic corrosion between dissimilar metals. Structural adhesives also offer aesthetic advantages with cleaner lines and no rivets, protruding nails, or weld marks, which helps in creating better look and more efficient product builds.

Major players in the market include Henkel AG & Co. KGaA, Sika AG, 3M, DuPont de Nemours, Inc., Huntsman International LLC., Illinois Tool Works Inc., Arkema, B. Fuller Company, Ashland Global Specialty Chemicals Inc., and Cabot Corporation.

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Manufacturer like Henkel, 3M and H.B. Fuller Company are increasingly investing in research and development activities for production of structural adhesives that promote cost saving and efficiency without compromising on strength, aesthetics, or impact resistance. The launch of two LOCTITE Universal Structural Bonders by Henkel is expected to create repair solutions and limitless design in industrial applications. The new products combine instant bonding qualities and structural bonding reliability, durability, and strength, which is helping in transformation across the manufacturing industry.

Some Key Highlights From the Report

• In September 2020, Arkema announced the inauguration of a new world-scale industrial adhesives plant in Japan. The new capacities is expected to help Bostik serve its Japanese customers in growing markets of transportation, labelling, electronics, and packaging. The investment in projected to help Bostik in its growth and geographical expansion strategy.
• Epoxy segment is expected to account for largest revenue share in the global structural adhesives market over the forecast period owing to its increasing usage in automotive, industrial, and aerospace applications. The high chemical and thermal resistance coupled with minimum shrinkage and cohesive strength is resulting in its increasing usage.
• Water-based segment is expected to register robust revenue growth over the forecast period. Growing awareness regarding environmental degradation is also contributing to rising demand for water-based structural adhesives as these are eco-friendly, non-hazardous, and contain no VOCs.
• Building & construction segment is expected to account for a considerably large revenue share in the global structural adhesives market owing to rising investment by governments in commercial buildings and public infrastructure.
• The structural adhesives market in Asia Pacific is expected to account for largest revenue share over the forecast period. Rapid urbanization and industrialization and increasing constructional activities in developing countries such as China, India, Vietnam, and Indonesia is expected to support revenue growth of the Asia Pacific structural adhesives market during the forecast period.

For the purpose of this report, Reports and Data has segmented the global structural adhesives market based on resin type, technology, application, and region:

Resin Type Outlook (Revenue, USD Billion; 2018-2028)

• Polyurethane
• Epoxy
• Cyanoacrylate
• Methyl Methacrylate
• Acrylic
• Others

Technology Channel Outlook (Revenue, USD Billion; 2018-2028)

• Water-based
• Solvent-based
• Others

Application Channel Outlook (Revenue, USD Billion; 2018-2028)

• Automotive
• Building & Construction
• Wind Energy
• Aerospace
• Others

Regional Outlook (Revenue, USD Billion; 2018-2028)

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Sweden
• BENELUX
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• South Korea
• Rest of APAC
• Latin America
• Brazil
• Rest of LATAM
• MEA
• Saudi Arabia
• UAE
• South Africa
• Israel
• Rest of MEA

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Key Questions Addressed in the Structural Adhesives Market Report:

• What revenue CAGR is the global market expected to register over the forecast period?
• What was the global Structural Adhesives market size in 2020?
• What is the expected market size of the global Structural Adhesives market during the forecast period?
• What are the key factors that are expected to drive growth of the global Structural Adhesives market throughout the forecast period?
• Who are the key players operating in the global Structural Adhesives market?
• Which regional market is expected to dominate other regional markets in the global Structural Adhesives market?
• What are the key restraints projected to hamper global market growth over the forecast period?
• What are the key outcomes of 5 force analysis of the global Structural Adhesives market?

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Low-VOC Coating Additive Market Analysis, Key Players, Share, Demand/Supply Chain and Forecast to 2027

The global Low-VOC Coating Additive market is forecasted to reach USD 8.70 Billion by 2027, according to a new report by Reports and Data. The low VOC coating is finding applications in the developed and developing nations due to the rising environmental regulations. The growing concern regarding the impact of the volatile organic compounds on the environment has led environment agencies to force manufacturers to reduce their VOC content in their product. Thus, an increase in demand for low VOC content additives from end-users is fueling the growth of the market.

Ongoing research and development efforts and analysis of trends are enabling the research team to improve paint performance and create innovations that stand out in the marketplace. From better hiding, enhanced durability, and stain resistance to low- to no-VOC coatings with reduced environmental impact, binders and additives are increasing performance to meet and exceed end-user demands for coatings.

Key participants include Allnex, BASF SE, Eastman Chemical Company, Elementis PLC, Altana AG, Huntsman, DOW, OM Group, Inc., Applied Plastics Co., Inc., and Berger Paints India Limited, among others.

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Factors such as rising raw material prices and their volatility are expected to hamper the growth of the market. Moreover, the raw material industry of the market is on the verge of consolidation that enhances the bargaining power of suppliers and impacts the market growth negatively. 

The COVID-19 impact:
The growing pandemic situation has led to the weakening demand for paints and coatings in construction, automotive, electronics, and white goods. The market can bounce back, but it completely depends on the duration of the lockdown that has been imposed, and also the impact of the COVID-19 virus on the economy. Although the overall demand of the market is falling, the demand for antimicrobial coating is witnessing a surge in demand in food and healthcare industries. 

For the purpose of this report, Reports and Data have segmented into the global Low-VOC Coating Additive market on the basis of type, technology, application, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

• Rheology modifiers
• Defoamer
• Dispersants
• Wetting agent

Technology Outlook (Revenue, USD Billion; 2017-2027)

• High-Solids
• Powder based
• Radiation Cure

Application Outlook (Revenue, USD Billion; 2017-2027)

• Automotive Coatings
• Wood Coatings
• Architectural Coatings
• Industrial Coatings
• Packaging Coatings
• Product Finishes Coatings

Regional Outlook (Revenue, USD Billion; 2017-2027)

• North America
• Europe
• Asia Pacific
• MEA
• Latin America

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Further key findings from the report suggest

• The government regulations in the U.S. and Europe, especially those concerning air pollution, will be a driving force behind the adoption of new, low-pollution coating technologies such as radiation-cured coatings.
• However, radiation-curable coatings have other desirable properties such as the speed of cure, extremely hard, chemically resistant finishes, ambient curing, small application equipment footprint, high productivity, and nonflammability. Because of the high costs associated with their use, radiation-cured products tend to be adopted in specific applications only where they exhibit advantages over conventional coatings.
• Rheology modifiers are important additives used in most of the coating to achieve the desired rheological characteristics for the particular application. Apart from getting desired viscosity, these additives also help in controlling paint shelf stability, open time / wet edge, ease of application, and sagging.
• For the past few years, auto manufacturers are switching to paints with lower VOCs in an effort to ensure worker safety as well as reduce the environmental effects of the coatings. While the EPA regulates VOC level from the automotive manufacturing facilities and auto body shops, there are no federal standards that can consider the paint product themselves as "low-VOC".
• There are a number of non-profit organizations such as Green Seal and Greenguard, which conduct thorough evaluations and award "green labels" to manufacturers that pass their stringent guidelines.
• In China, the VOC legislation for wood coatings is propelling the demand for conversion from solvent-borne Nitrocellulose (N.C.) or P.U. Technology to U.V. technology and water-borne.

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Emulsion Adhesives Market : Distinguished Technology Development with Major Production Goals Analysis by 2026

 

The current report on the Emulsion Adhesives Market provides a comprehensive assessment of the business vertical and offers a comprehensive overview of the industry along with its key segments. The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry. The report delivers radical data about the competitive landscape of the Emulsion Adhesives industry and a thorough bifurcation of the regions where the Emulsion Adhesives market has established a significant footing. The report further estimates the market scenario in context with the COVID-19 pandemic. The report analyses the current market scenario along with the effects of the COVID-19 on the present and future scenario. The report also focuses on the key changes, progress, or hurdles due to the COVID-19 pandemic.

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Key Summary of Regional Analysis and Competitive Landscape:

The report offers a comprehensive overview of the competitive landscape of the Emulsion Adhesives industry. The competitive landscape includes extensive profiling and overview of prominent players of the Emulsion Adhesives industry. The report studies the following companies in detail: Wacker Chemie, Arkema (Bostik), Ashland Inc., DOW, Henkel, H.B. Fuller, Franklin International, Lord Corporation, Mapei S.P.A., 3M Company, Pidilite Industries Ltd., others

Radical Highlights of the Emulsion Adhesives Market Report:

Product Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)

• Permanent
• Removable

Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)

• Paper & Packaging
• Automotive & Transportation
• Woodworking
• Tapes & Labels
• Others

Resin Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026)

• Acrylic Polymer Emulsion
• Polyvinyl Acetate (PVA) Emulsion
• Vinyl Acetate Ethylene (VAE) Emulsion
• SBC Latex
• Others

The report further provides key insights into the market share held by each product and application in the Emulsion Adhesives market. Moreover, it also offers radical information about growth prospects and patterns. It also provides extensive coverage of the product consumption of each application and product. The report also provides a pricing analysis and growth trends for the key segments of the market.

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Along with the basic information, the report also offers insights into marketing strategies readily adopted by the key manufacturers for the endorsement of their products. The report offers significant data pertaining to development trends and market position to offer deeper insights into targeted clients, brand promotions, and pricing analysis. The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.  

The report explains the market share and sales volume of each company, along with the key details of the operations of these companies. The report further offers extensive coverage of their product portfolio, business expansion plans, gross profit margins, revenue contribution, investment plans, and financial standings. The report also covers the strategic alliances observed within these key companies such as mergers and acquisitions, joint ventures, corporate and government deals, partnerships and agreements, and brand promotions and product launches.

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Furthermore, the research study gives additional insights into the companies’ regional presence through extensive regional analysis. The regional analysis covers the key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The regional analysis segment covers details about the market share held by each region along with the prospective growth opportunities and revenue generation. The report also offers a projection of the growth rate for each region in the entirety of the forecast timeline. It also offers a country-wise analysis to impart a better understanding of the industry.

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