Epoxy Adhesives Market Growth Led by Asia-Pacific Rising at 6.63% CAGR to 2026
PUNE, India, December 6, 2016 /PRNewswire/ --
The global epoxy adhesives market is projected to reach USD 10.13 billion by 2026, at a CAGR of 6.63%, from 2016 to 2026 propelled by rising demand from Asia-Pacific while wind energy segment is the fastest-growing application segment of the epoxy adhesives market.
Complete report on global epoxy adhesives market spread across 215 pages, profiling 11 companies and supported with 229 tables and 56 figures is now available at http://www.reportsnreports.com/reports/431012-epoxy-adhesive-market-by-type-one-component-two-component-others-by-material-type-composite-non-composite-by-application-transportation-automotive-wind-energy-marine-and-electrical-electronics-global-forecasts-to-2020.html.
The demand for lighter vehicles, have had manufacturers switch from the traditional mechanical fasteners to light weight and more efficient adhesives, which is driving the global epoxy adhesives market. The stringent environmental regulations in the European countries are restraining the epoxy adhesives market.
The wind energy segment is projected to be the fastest-growing application segment of epoxy adhesives, from 2016 to 2026. The growing transportation sector is driving the demand for epoxy adhesives in buses, trucks, rail, and aerospace.
In 2015, the Asia-Pacific region was the largest epoxy adhesives market, in terms of volume. It is estimated to retain the market leadership during the forecast period. China and Japan are the two major markets for epoxy adhesives in this region. The increasing residential building & construction activities are driving the market in the Asia-Pacific region, resulting in a high demand for epoxy adhesives. In addition, the growing manufacturing activities are likely to drive the demand for epoxy adhesives in the ASEAN countries.
The report includes in-depth competitive analysis of these key players in the epoxy adhesives market, with their company profiles, SWOT analysis, recent developments, and key market strategies. In the process of determining and verifying, the global epoxy adhesives market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (41%), Tier 2 (33%) and others (26%) companies were contacted for primary interviews. The interviews were conducted with various key people such as C Level (35%), Director Level (36%) and others (29%) from various key organizations operating in the global epoxy adhesives market. The primary interviews were conducted worldwide covering regions such as North America (29%), Europe (27%), Asia-Pacific (26%), South America (10%) and Middle East and Africa (8%).
The key companies profiled in this market research report are, Henkel AG & Co. KGaA (Germany), Huntsman Corporation (U.S.), 3M Company (U.S.), Ashland Inc. (U.S.), Sika A.G. (Switzerland), The Dow Chemical Company (U.S.), Lord Corporation (U.S.), Illinois Tool Works Inc. (U.S.), and Permabond LLC (U.S.). Order a copy of Epoxy Adhesives Market by Type (One-component, Two-component), Application (Building & Construction, Transportation, Automotive, Wind Energy, Marine, Electrical & Electronics), and Region - Global Forecast to 2026 research report at http://www.reportsnreports.com/purchase.aspx?name=431012 .
The report covers the global epoxy adhesives market and its application across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as type, application, and regions. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
On a related note, another research on Epoxy Coatings Market Forecast to 2021 says, powder-based epoxy coatings: the fastest-growing technology in the epoxy coatings market. The global market is estimated to grow from USD 26.34 billion in 2016 to USD 33.97 billion by 2021, at a CAGR of 5.22% between 2016 and 2021. Asia-Pacific is expected to be the largest market for epoxy coatings. Companies like AkzoNobel N.V., Axalta Coating Systems, BASF SE, The Sherwin-Williams Company, The Valspar Corporation, RPM International, PPG Industries, Nippon Paint Company, Kanasai Paint Company, Tikkurila Oyj, and Berger Paint India Limited have been profiled in this 162 pages research report available at http://www.reportsnreports.com/reports/542840-epoxy-coatings-market-by-technology-solvent-borne-waterborne-and-powder-based-and-application-construction-transportation-general-industrial-and-others-forecast-to-2021.html .
Explore more reports on the Healthcare market at chemicals market http://www.reportsnreports.com/market-research/chemicals/ .
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