Global Structural Adhesives Market Report 2022-2027: Growing Demand from the Aerospace Industry & Increasing Demand for Lightweight Vehicles – Press Release
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Dublin, April 08, 2022 (GLOBE NEWSWIRE) — The "Structural Adhesives Market – Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The structural adhesives market by revenue is expected to grow at a CAGR of over 6.59% during the period 2022-2027.
The growth of the market can be amplified by the increasing use of structural adhesives across numerous industries of aerospace, automotive, wind energy, building & construction, and medical devices due to their durability, weight reduction, load-bearing capacity, and aesthetic improvements.
GLOBAL STRUCTURAL ADHESIVES MARKET SEGMENT ANALYSIS
Water-based technology adhesives are expected to project an absolute growth of over 56% from 2021 to 2027
GEOGRAPHICAL ANALYSIS
In 2021, Europe was the second-largest consumer market for structural adhesives. The significant presence of global automotive manufacturers and the electronics industry is driving the demand for structural adhesives in the region
VENDOR ANALYSIS
The parameters on which vendors are competing in the structural adhesives market are product portfolio, quality of the product, geographical presence, brand image, cost differentiation, and others.
MARKET OPPORTUNITIES AND TRENDS
- Growing Demand from the Aerospace Industry
- Increasing Demand for Lightweight Vehicles
Prominent Vendors
- 3M
- Henkel
- Sika
- B. Fuller
- Arkema (Bostik)
Other Prominent Vendors
- Ashland
- Dow Chemical Company
- Huntsman International
- Dymax
- Beacon adhesives
- PPG industries
- Parker Lord
- Infinity Bond
- Chemence
- Mapei
- DuPont
- Masterbond
- Akzo Nobel N.V.
- ITW Performance Polymers
- Uniseal
- Delo
- Soudal Group
- Scott Bader
- Parson Adhesives
- Panacol-Elosol-Gmbh
- Staloc
Key Topics …
Full story available on Benzinga.com
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