Composite Adhesives Market Consumption to hit 850 kilo tons by 2024 - Top Players 3M, Master Bond, Henkel

USA - English

• USA - English

SELBYVILLE, Del., July 25, 2018 /PRNewswire-iReach/ -- Acrylic Composite Adhesives Market demand will witness significant gains at over 5% during forecast period. This growth in demand for acrylic based products can be ascribed to its increasing application scope in binding truck hoods, raised-roof assemblies and in automobiles to bond composites for roofs, doors, liftgates and hoods. Acrylics offer high bond strength on plastics, composites & metals and performs well even on oily surfaces at lower surface temperature than epoxies.

Composite Adhesives Market size should surpass USD 2 billion by 2024. Increasing application for replacing conventional binding and adhering techniques like mechanical bolt, fasteners and welds in automotive, marine, construction and aerospace industry should impel composite adhesives market size. Its growing popularity for various industrial application can be attributed to significant reduction in structural weight, fuel consumption and cost savings. Use of structural adhesives also shortens production cycle time and eliminate drilling hole on assemblies enhancing its structural strength.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2439

MMA composite adhesives market size should surpass USD 360 million by 2024 owing to its ardent demand in aerospace industry. Its fairly high tolerance to poor surface condition (such as oil contamination), high strength performance, greater freedom of material choice like metals, magnets, glass, wood and composite along with bondability with dissimilar materials as well as improved finish should drive product demand.

Growing demand of composites in manufacturing aircrafts for commercial and defense sectors propels adhesives demand. These products are commonly used to attach joints to cured parts like stingers and uncured parts like wing skins due to its inherent characteristics of offering toughness, strength, stiffness and high temperature performance to fixtures and joints. Focus for existing participant to renovate or buy new models to enhance passenger safety and comfort should also drive product demand.

Composite adhesives industry size from dental application should grow at a rate of over 4% during forecast period. The combination of adhesive composite resin and acid-etched enamel affords the benefits of reducing or eliminating microleakage of the enamel margins along with reducing sensitivity, lowered discoloration of margins, lower rates of recurrent margins and improved retention of restoration.

Buy this industry insights spread across 450 pages with 960 market data tables & 10 figures & charts from the report, "Composite Adhesives Market Size By Product (Epoxy, Polyurethane, Acrylic, Methyl Methacrylate [MMA], Polyimide, Phenolic, Cyanoacrylate, Silicone), By Component (One Component [1K], Two Component [2K]), By Application (Automotive & Transportation, Rail Carriage Panels, Wind Energy, Bicycles, Aerospace, Marine, Construction [Metal To Metal Sandwich, In-situ Pipeline Repair, Perforated Panel], Leisure, Storage Tanks, Packaging, Medical [Orthopedic, Bone Cement], Dental, Electronics, Stationary), Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, Japan, India, Thailand, Indonesia, South Korea, Australia, Brazil, Argentina, Saudi Arabia, UAE, South Africa) Competitive Market Share & Forecast, 2017 – 2024" in detail along with the table of contents:

https://www.gminsights.com/securecheckout/paymenta/2439

Global composite adhesives industry share is fairly consolidated with participants including 3M, Henkel, Permabond, Sika AG, LORD Group, Bostik, SciGRIP and Covestro. Other key industry players include Hybond, Gurit, Huntsman, Argosy, Allnex, Solvay and ASI. Companies manufacturing these adhesives focus to enlarge their production capacity by investing on facility upgradation. They also adopt strategies like merger, acquisition and partnership with other players to enhance their product application portfolio through increasing R&D spending.

Partial Chapter of the Table of Contents:

•      Chapter 1. Methodology and Scope

•      1.1. Research methodology

•      1.1.1. Methodology

•      1.1.2. Market Definitions

•      1.1.3. Market estimates & forecast parameters

•      1.2. Data sources

•      1.2.1. Primary

•      1.2.2. Secondary

•      1.2.2.1.    Paid sources

•      1.2.2.2.    Public sources

Browse Table of Contents of This Report@ https://www.gminsights.com/toc/detail/composite-adhesives-market

•      Chapter 2. Executive Summary

•      2.1. Composite Adhesives market 360-degree synopsis, 2017 –2024

•      2.1.1. Business trends

•      2.1.2. Product trends

•      2.1.3. Application trends

•      2.1.4. Regional trends

•      Chapter 3. Composite Adhesives Industry Insights

•      3.1. Industry segmentation

•      3.2. Industry size and forecast, 2013 - 2024

•      3.3. Industry ecosystem analysis

•      3.3.1. Vendor matrix

•      3.3.1.1.    Role

•      3.3.1.2.    Product

•      3.3.1.3.    Regional Presence

•      3.3.2. Distribution channel analysis

•      3.3.3. Profit margin analysis

•      3.4. Regulatory landscape

•      3.4.1. U.S.

•      3.4.2. Europe

•      3.4.3. China

•      3.5. Raw material analysis

•      3.6. Technology Landscape

•      3.7. Pricing analysis

•      3.7.1. North America

•      3.7.2. Europe

•      3.7.3. Asia Pacific

•      3.7.4. LATAM

•      3.7.5. Middle East & Africa

•      3.8. Cost Structure Analysis

•      3.8.1. Labor cost

•      3.8.2. Material cost

•      3.8.3. Consumables

•      3.8.4. Maintenance cost

•      3.9. Industry impact forces

•      3.9.1. Growth drivers

•      3.9.1.1.   Asia Pacific: Increasing application of composite adhesives in lightweight construction structures

•      3.9.1.2.  North America: Design advantage of composites in aerospace & wind energy

•      3.9.1.3.  North America: Stringent regulatory regimes regarding carbon emission & supportive policies of government for environment protection

•      3.9.1.4.  Europe: Increasing usage of composites in passenger car production & OEM

•      3.9.2. Industry pitfalls & challenges

•      3.9.2.1.    High cost & supply chain risk associated with composite materials

•      3.9.2.2.    Shortfalls of adhesives over other bonding techniques

•      3.10.   Innovation & sustainability

•      3.11.       Growth potential analysis, 2016

•      3.11.1.  Emerging business models

•      3.12.   Porter's analysis

•      3.12.1.  Buyer's power

•      3.12.2.  Supplier power

•      3.12.3.  Threat of substitute

•      3.12.4.  Threat of new entrants

•      3.12.5.  Degree of competition

•      3.13.   Competitive landscape, 2016

•      3.13.1.  Strategic dashboard

•      3.14.   PESTEL analysis

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Media Contact: Jignesh Thakkar, Global Market Insights, Inc., +13028467766, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Global Market Insights, Inc.

iReach LastName, iReachCompany, 111-222-3333, [email protected]