Established Electronics Industry Driving the Market
In Europe, Germany is the largest producer of electronics and the market is expected to expand during the forecast period due to the growing demand for more innovative and technological advanced products in the industry. Furthermore, the German industrial electronics production accounts for approximately 50% of the total European output. The production in the electrical & electronics industry in the country was estimated to have increased by 4.7% in terms of the real industry output, in 2017. In the United Kingdoms, the value of electronics production rose by 3.7% in 2016, with expected growth in the coming years. In Italy, the electronics production increased by 1.8% in the first quarter of 2017, with the positive growth continuing in the next three quarters. Such positive growth is expected to drive the market for cyanoacrylate adhesives in the electronics industry through the forecast period.
Automotive Industry Segment to Dominate the Market
Germany leads the European automotive market with 41 assembly and engine production plants that account for one-third of the total automobile production in Europe. France was a pioneer in the automotive industry. It was the eleventh-largest automobile manufacturer in the world in 2016 in terms of the unit production, and it was the third-largest in Europe. Supported by government policies in the country, France is expected to attract huge foreign investments in the automotive sector. The total vehicle market, which includes passenger cars, light, and heavy commercial vehicles, increased by 6.5% in 2017 to 2,227,000 vehicles. Moreover, the huge growth in the automotive industry is witnessed in many countries, like Russia, Netherlands, Portugal, and Sweden, which will contribute to the demand for cyanoacrylate adhesives in the region.
Germany to Show Positive Market
In 2017, Germany accounted the largest market for cyanoacrylate adhesives market. The market demand for cyanoacrylate is majorly driven by the rapid continued growth in the automotive and electronics industry. Furthermore, the rising demand for furniture due to the growth in the new residential constructions will further add to the demand for these adhesives and provide numerous opportunities in the growth of the cyanoacrylate adhesives market in the country.
February 2017: The acquisition of Cyberbond helped the global adhesives manufacturer H.B. Fuller to quickly become a leader in the cyanoacrylate adhesives (CA) technology market.
Major Players: 3M, Arkema Group, H.B. Fuller Co, Henkel AG & Co. KGaA, Sika AG, and Dow Corning Corporation (DowDuPont), among others.
Reasons to Purchase this Report
- Identify the current and future global cyanoacrylate adhesives market in the developed and emerging markets
- Analyze various perspectives of the market with the help of Porter’s five forces analysis
- Information on the segment that is expected to dominate the market
- Identify the region that is expected to witness the fastest growth during the forecast period
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in Excel)
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1.1 Research Phases
1.2 Study Deliverables
1.3 Scope of the Report
2. Executive Summary
3. Market Insights
3.1 Industry Value-Chain Analysis
3.2 Industry Attractiveness – Porter’s Five Forces Analysis
3.2.1 Bargaining Power of Suppliers
3.2.2 Bargaining Power of Consumers
3.2.3 Threat of New Entrants
3.2.4 Threat of Substitute Products and Services
3.2.5 Degree of Competition
4. Market Dynamics
4.1.1 Rapidly Growing Automotive Industry
4.1.2 Established Electronics Industry
4.2.1 Stringent Environmental Regulations
4.3.1 Accelerating Usage in Medical Applications
4.3.2 Other Opportunities
5. Market Segmentation and Analysis (Market Size, Growth, and Forecast)
5.1 By Type
5.2 By End-user Industry
5.2.2 Consumer Goods
5.2.4 Footwear & Leather
6. Regional Market Analysis (Market Size, Growth, and Forecast)
6.2 United Kingdom
6.7 Nordic Countries
6.8 Rest of Europe
7. Competitive Landscape
7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
7.2 Market Share Analysis**
7.3 Strategies Adopted by Leading Players
8. Company Profiles (Overview, Financials**, Products & Services and Recent Developments)
8.2 Arkema Group (Bostik SA)
8.3 Benson Polymers Limited
8.4 Chemence Ltd
8.5 DELO Industrial Adhesives
8.6 Dow Corning Corporation (DowDuPont)
8.8 Franklin International
8.9 H.B. Fuller Co.
8.10 Henkel AG & Co. KGaA
8.11 ITW Performance Polymers (Illinois Tool Works Inc.)
8.12 Jowat AG
8.13 KMS Adhesives
8.14 Mapei SpA
8.15 Master Bond
8.16 Pidilite Industries Ltd
8.17 Sika AG
8.18 Tesa SE (A Beiersdorf Company)
*List not exhaustive
** Subject to availability on public domain
- 3M Co.
- Arkema Group (Bostik SA)
- Benson Polymers Limited
- Chemence Ltd.
- DELO Industrial Adhesives
- Dow Corning Corporation (DowDuPont)
- Franklin International
- H.B. Fuller Co.
- Henkel AG & Co. KGaA
- ITW Performance Polymers (Illinois Tool Works Inc.)
- Jowat AG
- KMS Adhesives
- Mapei Spa
- Master Bond
- Pidilite Industries Ltd.
- Sika AG
- Tesa SE (A Beiersdorf Company)