Structural Adhesive Market - Forecasts from 2019 to 2024

The structural adhesives market is estimated to grow from US$13.100 billion in 2018 to US$18.985 billion by 2024, at a CAGR of 6.38% over the forecast period. The demand for structural adhesives is majorly driven by infrastructure and construction activities. The booming automotive industry will propel the growth of this market over the next five years due to the rising usage of plastic in automotive component fabrication. Evolving trends in furniture design, especially in the U.S. and Europe is escalating the demand for modern furniture for housing and workplace and will drive the demand for structural adhesives across various applications such as wood panels, drawing liners, and rigid bonding of glass panels. The Asia Pacific will witness the highest growth of structural adhesives market during the forecast period. High economic growth rate, rising population, increasing investment in infrastructure, governments focus on the manufacturing sector, and burgeoning demand for automobiles are some of the major factors propelling the growth of structural adhesives market in the region. However, factors such as volatility in raw material prices and stringent environmental regulation will restrain the market growth during the forecast period.

The Structural Adhesives Market - Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, industry vertical, and geography.

The structural adhesives market has been segmented based on type, industry vertical, and geography. By type, the market has been segmented on the basis of epoxy, urethanes, acrylic, methyl methacrylate, and others. By industry vertical, the market has been segmented as automotive, construction, energy and power, aerospace and defense, consumer electronics, and others.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 14 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.

Major players in the structural adhesives market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the structural adhesives market.

Segmentation

The structural adhesives market has been segmented by type, by industry vertical, and by geography.

By Type

• Epoxy
• Urethanes
• Acrylic
• Methyl Methacrylate
• Others

By Industry Verticals

• Automotive
• Construction
• Energy and Power
• Aerospace and Defense
• Consumer Electronics
• Others

By Geography

• North America
• USA
• Canada
• Mexico

• South America
• Brazil
• Argentina
• Others

• Europe
• Germany
• France
• United Kingdom
• Others

• Middle East and Africa
• Saudi Arabia
• Israel
• Others

• Asia Pacific
• China
• Japan
• India
• South Korea
• Others