Global Epoxy Adhesive Market By Type (One-Component Epoxy Adhesives, Two-Component Epoxy Adhesives, Other Epoxy Adhesives), Application (Building & Construction, Transportation, Wind Energy, Electrical & Electronics, Automotive, Marine, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Epoxy Adhesive Market
Epoxy adhesive market will reach an estimated valuation of USD 10.89 billion by 2027, while registering this growth at a rate of 6.70% for the forecast period of 2020 to 2027. Epoxy adhesive market report analyses the growth, which is currently being owed to the variants of less carbon emitting vehicles.
Epoxy is a considerably tough kind of adhesive. Epoxy is adopted in the manufacturing of aircraft and automobiles, amidst extra things. It can also be employed as a subsequent adhesive to strengthen the timber glue. Epoxy glues are applied to laminate fiberglass with plywood. This method enhances the toughness and sturdiness of the structure. Epoxy gum is an exceptional substitute for covering countertops and other commonly moist wood exteriors.
The lightweight feature and accelerating demand of epoxy adhesives from the end use industry is driving the success chart vertically of the market. Expansion of the epoxy adhesive market is directly proportional to the germinating need of composites and suburban residence business and infrastructure demand. The mounting penetration of unconventional energy need by harnessing wind and its eco-friendly quotient is catering a marvellous growth in the favour of epoxy adhesive market.
Due to light weight and low carbon emission factor epoxy adhesives are widely practised in the innovative development of aircrafts, these certain factors are determining the strategic growth of epoxy adhesives market, in the anticipated time period of 2020 to 2027.
During this course of seven years market could face restraints as well, which are as follows. Volatilization in crude supply rates will hinder the market growth. Acrimonious governing consents lacked for making. Inadequate market openings in matured nations, these factors are expected to curb down the epoxy market growth.
This epoxy adhesive market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on epoxy adhesive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Data Bridge Market Research Scope and Market Size
Epoxy adhesive market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, epoxy adhesive market is segmented one-component epoxy adhesives, two-component epoxy adhesives, and other epoxy adhesives.
- Epoxy adhesive market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for epoxy adhesive market includes building & construction, transportation, wind energy, electrical & electronics, automotive, marine, others.
- Transportation application is further sub segmented into bus and truck application, rail application, aerospace application.
- Automotive application is further sub segmented into OEM epoxy adhesives market and automotive after-market epoxy adhesives market.
Epoxy Adhesive Market Country Level Analysis
Epoxy adhesive market is analysed and market size, volume information is provided by country type and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the large market share of U.S. in the availability of aerospace as well as other associated infrastructure in the region. Asia-Pacific (APAC) region is expected to hold the largest growth rate due to the establishment of assembling facilities for aircrafts in this region, sky rocketing industrial growth, timber and wood requirement by the emerging economies.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Epoxy Adhesive Market Share Analysis
Epoxy adhesive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Epoxy adhesive market.
The major players covered in the epoxy adhesive market report are Henkel AG & Co. KGaA, Sika AG, Panacol-Elosol GmbH, Polymer G, 3M ,Dow, Huntsman International LLC, Parker Hannifin Corp, Ashland, ITW Polymers Sealants North America, Weicon GmbH & Co. KG, Permabond LLC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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