Discover a detailed exploration of the Epoxy Adhesive Market by Data Bridge Market Research, thoughtfully presented with visual finesse to ensure seamless data absorption. Crucial insights are illuminated through vivid graphs, charts, and figures, empowering astute decision-making.
This Epoxy Adhesive report covers the present scenario and the growth prospects of the Worldwide market for the period. The report provides an in depth analysis of the market size and growth analysis of the Industry. This research report includes a detailed market segmentation of the worldwide market. It profiles the major companies in the market and also provides a competitive landscape of the key players. It helps in understanding the key product segments and their future of the global market. The report also provides strategic recommendations in key business segments based on the market estimations.
This Epoxy Adhesive report studies the production, supply sales and the current status of the market in a profound manner. Furthermore, several other factors such as import, export, status, demand, supply gross margin and industry chain structure have also been studied in the global market report. The Epoxy Adhesive report gives you a complete view of the ever changing and developing trends and current topics worldwide
Data Bridge Market Research analyses that the epoxy adhesive market which was USD 7.61 billion in 2022, is expected to reach USD 11.93 billion by 2030, growing at a CAGR of 5.79% during the forecast period of 2023 to 2030.
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Market Definition
Epoxy adhesive is a type of thermosetting adhesive which is made byepoxy polymer or resin along with a hardener. It is used to adhere a range of surfaces or materials with a strong, permanent bond capable of tolerating extreme stress and weather conditions. Epoxy is a tough kind of adhesive. It is majorly adopted in the manufacturing of aircraft and automobiles. For strengthening the timber glue, epoxy can be used as a subsequent adhesive. Epoxy adhesives are applied to laminate fiberglass with plywood. Epoxy gum is a majorly used substitute for covering countertops and other moist wood exteriors.
Market Growth Drivers:
- Growing applications in the construction industry
Epoxy adhesives are used in the construction industry, such as for flooring, roofing, wooden, and others. The building and construction is one of the major applications of the epoxy adhesive market. Epoxy adhesives are used as structural adhesives in the construction industry due to their high performance. They provide a number of benefits, such as versatility, durability, and a high degree of heat resistance for binding materials, including wood, metal, plastic, and others. Thus, the extensive use of epoxy adhesives in the construction industry is a major growth driving factor.
- Growing demand in the automotive industry
Epoxy adhesives are widely used in the automotive industry because of their application to the surfaces such as metal, glass, plastic, and painted surfaces. They are helpful in the automotive industry for strong bonding, durability, and long-lasting. Epoxy adhesives are used in engines and car gaskets. This growing use in the automotive industry is expected to increase the demand for automotive epoxy adhesives in the forecast period of 2023 to 2030.
Notably, the report emphasizes the engagement of essential entities, including:
3M (U.S.), Arkema (France), Bostik (France), Dow (U.S.), H.B. Fuller Company (U.S.), Henkel AG Co. KGaA (Germany), Mapei S.p.A (Italy), PARKER HANNIFIN CORP (U.S.), Permabond (U.S.), Sika AG (Switzerland), Ashland (U.S.), Avery Denison Corporation (U.S.), Pidilite Industries Ltd. (India), Huntsman International LLC (U.S.), Wacker Chemie AG (Germany), RPM International Inc. (U.S.), Hernon Manufacturing (U.S.), AdCo (UK) Ltd (U.K.), Panacol-Elosol GmbH (Germany), Weicon Gmbh Co. KG (Germany)
Key highlights of the report:
- Comprehensive analysis of the global Epoxy Adhesive market, detailing present and future trends to identify promising investment opportunities.
- Exploration of evolving market dynamics within the industry.
- Examination of strategies adopted by major players and their product portfolios.
- Detailed breakdown of market segments for a profound understanding.
- Review of the latest industry trends and advancements.
- Forecasting the trajectory of the Epoxy Adhesive market through detailed segmentation analysis
Key Market Segmentation
Type (One-Component, Two-Component, Others), Technology (Reactive, Solvent-Borne, UV Cured Adhesives, Water-borne), Distribution Channel (Online, Offline), End User Industry (Defense and Aerospace, Semiconductor, Automotive, Marine, Electrical and Electronics, Building and Construction, Footwear and Leather, Healthcare, Energy and Power, Packaging, Woodworking, Joinery, Transportation, Others)
Intended Audience:
- Companies within the Epoxy Adhesive industry
- Investors and analysts keen on the Epoxy Adhesive market
- Individuals seeking insights into the dynamics of the Epoxy Adhesive market
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