Global Instant Adhesives Market, By Chemistry (Cyanoacrylate, Epoxy-based); Curing Process (Conventional, Light-cured), Substrate (Metal, Wood, Plastic, Glass, Composites), Application (Industrial, Electronics, Medical, Woodworking, Transportation, Consumer), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Instant Adhesives Market
Global instant adhesives market is expected to rise to an estimated value of USD 3.82 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026.This rise in market value can be attributed to rising demand of instant adhesives in various fields.
Market Definition: Global Instant Adhesives Market
Instant adhesives, commonly known as cyanoacrylate adhesives, are thermoplastic products known for fast and reliable bond with a wide range of viscosities. Instant adhesives are widely used as they are effective even at room temperature; they are one-part catalyst free formulation and have high chemical resistance. Instant adhesives are extensively used in applications such as chemical machinery and equipment, the automotive industry, musical instruments, precision equipment, and domestic operations. Instant adhesives that are based on methyl cyanoacrylate are majorly used for the assembling of rigid materials.
- Growing medical and transportation industries in Asia-Pacific region
- Developments in the green adhesives technology
- Growing demand for sealants and adhesives
- High cost of the instant adhesives as compared with the other adhesives
- Low durability of instant adhesives
Segmentation: Global Instant Adhesives Market
By Curing Process
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In October 2018, Arkema announced the acquisition of Afinitica. Afinitica is a Spanish company specialized in instant adhesives. The said acquisition will enable Bostik to develop a solid position in adhesives used in markets with strong growth potential
- In June 2016,H.B. Fuller announced the acquisition of Cyberbond, a premium brand with advanced Cyanoacrylate products and became one of the established player in the Cyanoacrylate Adhesives (CA) technology market
Global instant adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of instant adhesives market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in instant adhesives market are Henkel AG & Co. KGaA , H.B. Fuller Company, 3M, Sika AG, TOAGOSEI CO., LTD., Illinois Tool Works Inc., Bostik, Huntsman International, Pidilite Industries Ltd., Permabond LLC, Royal Adhesives & Sealants, Franklin International, LORD Corporation, Masterbond, Parson Adhesives, Delo, Dymax Corporation, Loxeal S.r.l, Hernon Manufacturing, Inc., Chemence and many more.
Research Methodology: Global Instant Adhesives Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved