PUNE, India, September 20, 2017 /PRNewswire/ --
The report "Structural Adhesives Market by Resin (Epoxy, Polyurethane, Acrylic, Methyl Methacrylate, Cyanoacrylate), Substrate (Metals, Plastics, Wood, Composites), Application (Wind Energy, Marine, Rail, Aerospace), and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is projected to grow from USD 10.41 Billion in 2016 to USD 15.72 Billion by 2022, at a CAGR of 7.1% during the forecast period. Structural adhesives are capable of producing load-bearing joints that can handle high stress, and provide excellent mechanical performance, enabling weight reduction at the same time. These also offer excellent strength, durability, and resistance from impact, heat, fatigue, and solvents.
Browse 106 Market Data Tables and 37 Figures spread through 180 Pages and in-depth TOC on "Structural Adhesives Market"
Early buyers will receive 10% customization on this report
Among resins, the epoxy segment is expected to lead the Structural Adhesives Market during the forecast period
Epoxy adhesives have a high demand in the Structural Adhesives Market due to their excellent chemical resistance, low shrinkage value, and produce lower quantities of volatile compounds during curing. Epoxy adhesives are used in a wide range of end-use industries, especially in niche applications where excellent bonding strength is required. These types of adhesives can be used to bond a variety of substrates, such as metals, ceramics, and composites.
Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=209974695
The wind energy application in the Structural Adhesives Market is projected to grow at the highest CAGR during the forecast period
Among applications, the wind energy application in the Structural Adhesives Market is projected to grow at the highest rate from 2017 to 2022. The growing demand for renewable energy over fossil fuel due to the rise in population and to reduce greenhouse gas emissions is leading to the growing demand for wind energy. Use of structural adhesives in the wind industry is increasing due to the increasing use of composites as the material of choice to fabricate and bond wind turbine rotor blades, nacelle assemblies, gearboxes, and towers. Structural adhesives offer the benefit of enabling production of lightweight components, provide outstanding shear and peel strength, faster curing, excellent impact resistance, and durability. These superior qualities are expected to drive the demand for structural adhesives in this application segment during the forecast period.
The metals substrate segment in the Structural Adhesives Market is expected to lead the substrate market during the forecast period
The metals substrate segment of the Structural Adhesives Market is projected to lead the market during the forecast period, 2017 to 2022 and accounted for the largest market share of the Structural Adhesives Market globally in 2016. Structural adhesives are used to bond a wide range of metals and metal alloys in various applications such as automotive, building and construction, marine, bus & truck, aerospace, wind energy, and rail, among others. These are increasingly replacing riveting, welding, and other traditional fastening methods.
The Asia Pacific Structural Adhesives Market is expected to lead during the forecast period
The Asia Pacific Structural Adhesives Market is expected to lead during the forecast period, 2017 to 2022, which can be attributed to the rising demand for structural adhesives from economies such as India, China, South Korea, Vietnam, Taiwan, and Singapore, among others. Moreover, factors such as the improving standards of living and rising per capita incomes in these countries are also fueling the growth of the Asia Pacific Structural Adhesives Market.
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=209974695
Henkel AG & Co. KGaA (Germany), 3M Company (US), Sika AG (Switzerland), Huntsman International LLC (US), Illinois Tool Works Inc. (US), H.B. Fuller (US), Ashland (US), The Dow Chemical Company (US), Bostik (France), and LORD Corporation (US) are the key players operating in the Structural Adhesives Market .
Browse Related Reports
Composite Adhesives Market by Resin (Epoxy, Polyurethane), Component (One-Component, Two-Component), Application (Automotive & Transportation, Marine, Aerospace, Wind Energy), and Region - Global Forecast to 2022
Hybrid Adhesives & Hybrid Sealants Market by Resin Type (MS Polymer Hybrid, Epoxy-Polyurethane, Epoxy-Cyanoacrylate), Application (Building & Construction, Automotive & Transportation, Industrial Assembly), and Region - Global Forecast to 2022
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets