DUBLIN, July 13, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/d38332/structural) has announced the addition of the "Structural Adhesive Market by Type, by Application - Global Forecasts to 2020" report to their offering.
The structural adhesive market is estimated to reach around $24.20 Billion by value by 2020, signifying a firm CAGR of around 7.71% between 2015 and 2020.
The global structural adhesive market, along with its applications, showed a robust growth in the past few years and is estimated to continue in the coming years. An increase in the demand in light weight vehicles, aircrafts, bus, truck, and wind blades along with rising demand from increasing usage of composites in rail applications will be the key influencing factors for driving the global structural adhesive market. The demand from infrastructure development, maintenance, and refurbishment in the developed and developing countries is increasing usage of adhesives.
Currently, the Asia-Pacific region is the largest consumer of structural adhesive is estimated to grow at the highest CAGR. The countries such as China, Singapore, Philippines, and India is expected to lead the Asia-Pacific structural adhesive market, with China having the largest share in the regional volumetric consumption of structural adhesive. The market volume of structural adhesive is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.
The North America and the Europe regions are the most active markets in terms of strategic initiatives, owing to their market demands. The housing maintenance and renovation along with increasing demand for reducing carbon emissions in these markets has led the rapid growth in the structural adhesive market.
The significant structural adhesive manufacturers are 3M Co. (U.S.), Ashland (U.S.), Dow (U.S.), Lord Corporation (U.S.), HUBEI HUITIAN ADHESIVE ENTERPRISE CO. (China), Henkel (Germany), ITW (U.S.), SIKA (Switzerland), Scott Bader (England), Arkema (France).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Structural Adhesives Market, By Type
8 Structural Adhesives Market, By Application
9 Structural Adhesives Market, By Region
10 Competitive Landscape
11 Company Profiles
3M Co. (U.S.)
Lord Corporation (U.S.)
Hubei Huitian Adhesive Enterprise Co. (China)
Scott Bader (England)
For more information visit http://www.researchandmarkets.com/research/d38332/structural
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SOURCE Research and Markets