Growing popularity of composites over wood & metals in various end-use industries owing to its low weight, low cost, design flexibility, corrosion & chemical resistance, and high performance at elevated temperatures is projected to drive the global composite adhesives market over the forecast period.
Global Key Players and Competition Analysis
Some of the major players operating in the global composite adhesives market are Huntsman International LLC. (U.S.), Ashland. (U.S.), 3M (U.S.), Sika AG (Switzerland), ITW Engineered Polymers GmbH (Germany), Master Bond Inc (U.S.), Henkel AG & Co. KGaA (Germany), LORD Corporation (U.S.), Arkema SA (France), Permabond.com (U.S.), and H.B. Fuller Company. (U.S.).
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Segmentation Analysis
The global composite adhesives market is segmented by component, form, product type, end-use industry, and region. On the basis of the component, the global composite adhesives market is segmented into one component and two component. On the basis of the form, the global composite adhesives market is segmented into liquid, paste, film, and others.
Regional Analysis
The global composite adhesives market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to the fastest growing market of composite adhesives over the forecast period. North America and European market is relatively mature and is expected to show steady growth over the forecast period. The Middle East & Africa and Latin America are expected to rising demand during the forecast period.
Market Scope
Composite adhesives are the substance applied to bind the composites to themselves and to numerous different substrates. They are available in different forms such as liquid, paste, and film. Adhesives are categorized into two types based on the number of components. Two-component adhesives are made up of resin and hardener and can be cured at room temperature or at elevated temperatures.
Browse the market data and information spread across 100 pages with 59 data tables and 14 figures of the report “Composite Adhesives Market Research Report – Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/composite-adhesives-market-6023
Industry News
Europe was the second largest composite adhesives market after North America in 2017 owing to high demand from end-use industries such automotive & transportation, electrical & electronics, wind energy, and construction & infrastructure and is expected to show steady growth during the forecast period.