Registering a CAGR of 5.7% over the forecast period, the market value of Epoxy Adhesives is expected to reach US$ 2780 million in the year 2027.
Epoxy adhesives are versatile products with numerous applications in industries such as construction, automotive, aerospace, and electrical & electronics. They can become flexible or rigid depending on how they are used in various products. Because epoxy adhesives have several advantages, such as high strength, excellent adhesion, and high resistance to harsh chemicals and external factors, they will be in high demand from end-users in a variety of industries.
Over the forecast period, growth in major end-use industries such as energy, construction, and automotive is expected to boost demand for epoxy adhesives. Growing investments in producing Electric Vehicles (EVs) and incorporation of lightweight materials in the automotive industry, combined with an increased focus on infrastructural developments to propel economic growth, are expected to benefit market growth over the forecast period.
The report aspects discussed the profile of the top manufacturers of the global Epoxy Adhesives market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Epoxy Adhesives Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The global Epoxy Adhesives includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Henkel (ETR: HEN3), B. Fuller, 3M (NYSE: MMM), Sika AG (SWX: SIKA), Permabond, Pidilite Industries (NSE: PIDILITIND), ITW, Ashland Global Speciality Chemicals, Delo Industrial Adhesives, Huntsman International LLC, Parson adhesive, Dymax, Flamemaster Corporation, Permatex, Master Bond, Solvay Chemicals, Beacon adhesives, Jowat, Hernon Manufacturing and others.
Henkel opens a new cutting-edge manufacturing facility near Pune (India)
4 Feb, 2020—Henkel Adhesives Technologies India Private Limited has unveiled its new manufacturing facility in Kurkumbh, near Pune. The company intends to serve the growing demand in Indian industries for high-performance adhesives, sealants, and surface treatment products with a total investment of approximately 50 MEUR (INR 400 crores).
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
In 2021, the automotive & transportation segment held a 23.93 % basis points revenue share of the global epoxy adhesives market. Adhesives are widely used in the transportation sector, including automotive, rails, vehicle assemblies, and exterior and interior vehicle trim.
Increasing Construction Industry Demand
Epoxy adhesives are widely used in construction, primarily for concrete repair and anchoring. They are also used in woodworking and carpentry applications to improve adhesion with wooden surfaces in construction. These adhesives are frequently used to bond steel, reinforcing plates, or carbon laminates, and reinforce beams and columns. They are also used to bond segments in bridges and viaducts, where they can completely replace metal screws or bolts while providing an effective resistance to the constant load on the road and varying temperature ranges.
Epoxies are only used for fastener bonding because they protect the fastening materials, such as bolts, from stresses and corrosion, thereby strengthening the bond. Epoxy adhesives are commonly used to join precast materials in public infrastructures such as bridges. They are also used to bond steel reinforcement components as well as carbon laminates for columns and slabs. Other applications for epoxy adhesives include anchoring bolts and steel bars in concrete and joining the ends of concrete or metal pipes for sewage systems.
The APAC epoxy adhesives market is expected to grow at the fastest CAGR during the forecast period. The building and construction industry is contributing to the region's growing demand for epoxy adhesives. The region is rapidly urbanizing, and government and private-sector investments in infrastructure development are increasing. This will stimulate the building and construction industries in countries such as India and China, fueling demand for epoxy adhesives in the APAC region during the forecast period.
The Epoxy Adhesives Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Epoxy Adhesives Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Epoxy Adhesives Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Epoxy Adhesives Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Epoxy Adhesives Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: Henkel (ETR: HEN3), B. Fuller, 3M (NYSE: MMM), Sika AG (SWX: SIKA) |
Forecast Period 2022 to 2027 CAGR | CAGR of 5.7% over the forecast period (2022-2027) |
By Type |
|
By Application |
|
By Companies | Henkel, B. Fuller, 3M, Sika AG, Permabond, Pidilite Industries, ITW, Ashland Global Speciality Chemicals, Delo Industrial Adhesives, Huntsman International LLC, Parson adhesive, Dymax, Flamemaster Corporation, Permatex, Master Bond, Solvay Chemicals, Beacon adhesives, Jowat, Hernon Manufacturing |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 110 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Epoxy Adhesives Market is studied from 2017 - 2027.
What is the growth rate of the Epoxy Adhesives Market?
The Epoxy Adhesives Market is growing at a CAGR of 5.7% over the next 5 years.
Who are the key players in Epoxy Adhesives Market?
Henkel, B. Fuller, 3M, Sika AG, Permabond, Pidilite Industries, ITW, Ashland Global Speciality Chemicals, Delo Industrial Adhesives, Huntsman International LLC, Parson adhesive, Dymax, Flamemaster Corporation, Permatex, Master Bond, Solvay Chemicals, Beacon adhesives, Jowat, Hernon Manufacturing
What regions does this Epoxy Adhesives Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Epoxy Adhesives Market?
One-Component, Two-Component
What are the major end-use applications of Epoxy Adhesives Market?
Building & Construction, Automotive & Transportation, Aerospace, Semiconductor, Electrical & Electronics, Wind Energy, Others
All our reports are custom-made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.