Download presentation
Presentation is loading. Please wait.
Published byJosh Barker Modified over 7 years ago
1
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Structural Adhesives Market Price, Trends, Industry Outlook & Forecast 2016-2024
2
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Structural Adhesives Market is slated to witness a lucrative surge over the years ahead, subject to its extensive end-use applications in automobiles, marine, water & sewer, construction, furniture, and aviation & aerospace sectors. Structural Adhesives Market Considering the regional trends, Europe structural adhesives industry, which produced a revenue of over USD 1 billion in 2015, is expected to experience a notable surge over the coming timeframe. Large presence of reputed aviation & aerospace and automobile firms across the region will push the growth. APAC structural adhesives market revenue, worth USD 2 billion in 2015, is slated to display a remarkable growth over the years ahead. Thriving shipbuilding business along with high expenditure on construction activities will spur the revenue. China, Japan, India, and South Korea are likely to be the key regional revenue drivers. Global Market Scenario of Structural Adhesives Industry
3
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Exceptional bonding & light weight features coupled with the strong adhesion for dissimilar as well as similar substrates will impel the global market demand. According to Global Market Insights, Inc., “Structural adhesives industry value is anticipated to surpass USD 7 billion by 2024, growing at a CAGR of more than 4% over 2016-2024.” Reasons to Buy This Report: 1. Structural Adhesives Market size & share forecast by product & application, 2016-2024 2. Growth drivers, pitfalls & industry challenges 3. Key Structural Adhesives Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles Structural adhesives industry in the automobile sector, having attained a revenue of USD 1 billion in 2015, is expected to witness a lucrative expansion in the future. The product’s ability to reduce the automobile weight and enhance the vehicle performance will boost the development. Aviation & aerospace applications are forecast to grow at a CAGR of 4% over 2016-2024, driven by the product’s ability to impart durability, compressive strength, high quality finish, and aesthetic value to the aircraft. Cyanoacrylate, Polyurethane, Silicone, Epoxy, Methyl Methacrylate, and Acrylic are the key structural adhesives products. Acrylic structural adhesives industry, which produced a revenue of more than USD 1.5 billion in 2015, is expected to witness a high surge over the years ahead due to its ability to bond metals and plastic. Continue…
4
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click@ https://www.gminsights.com/roc/315 Research Methodology
5
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific will be a promising region in structural adhesives market in the forecast spell. India and China registered escalating construction spending through government initiatives and private investments. Many automobile giants are establishing their manufacturing base in emerging economies of Asia Pacific due to abundancy of cost effective labors. Highly mature shipbuilding industries in China, South Korea, and Japan will also drive the regional market. Asia Pacific registered more than USD 2 billion for the overall structural adhesives market in 2015 and will flourish at a healthy rate in the coming years. Regional Insights Request sample of this research report@ https://www.gminsights.com/request-sample/detail/315
6
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Inquire for Buying this report@ https://www.gminsights.com/inquiry-before-buying/315 The global Structural Adhesives market share was highly fragmented due to presence several small industry share contributors. In addition, the key product manufacturers held for less than 20% of global business share in 2015. Some of the key industry participants are: BASF SE, Arkema S.A., Owens Corning Corporation, 3B-Fibreglass sprl, Cristex Ltd, SGL Carbon SE, Kemrock Industries and Exports Limited, Solvay S.A., Mitsubishi Rayon Co. Ltd., Toray Industries Inc., TPI Composites Inc., Koninklijke Ten Cate N.V., Cytec Industries Inc. and Hexcel Corporation. Structural Adhesives market share contributors are involved in strategic mergers and acquisitions in order to upscale their global presence. For instance, in 2014, Toray Industries acquired Zoltek Companies, which is a major carbon fiber manufacturer. Competitive Insights
7
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Structural Adhesives Market@ https://www.gminsights.com/industry-analysis/structural-adhesives-market Request sample of this report@ https://www.gminsights.com/request-sample/detail/315 For Customization in this report click@ https://www.gminsights.com/roc/315
8
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.