Structural Adhesives Market is estimated to grow from US$10.346 billion in 2015 to US$15.527 billion by 2021, at a CAGR of 7.00% over the forecast period. The demand for structural adhesives is majorly driven by infrastructure and construction activities. Booming automotive industry will propel the growth of this market over the next five years due to rising usage of plastic in automotive component fabrication. Evolving trends in furniture design, especially in the U.S. and Europe is escalating the demand for modern furniture for housing and workplace, and will drive the demand for structural adhesives across various applications such as wood panels, drawing liners, and rigid bonding of glass panels. Asia Pacific will witness the highest growth of structural adhesives market during the forecast period. High economic growth rate, rising population, increasing investment in infrastructure, governments focus on the manufacturing sector, and burgeoning demand for automobiles are some of the major factors propelling the growth of structural adhesives market in the region. However, factors such as volatility in raw material prices and stringent environmental regulation will restrain the market growth during the forecast period.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry and regional regulations which are determining the product specifications and a brief technological aspect of structural adhesive solutions. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
Thirdly, Structural Adhesives market has been segmented by type, by industry vertical, and by geography.
By Industry Verticals
Energy and Power
Aerospace and Defense
Europe Middle East and Africa
The Middle East and Africa
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are 3M, Dow Chemical Company, SIKA AG, Scott Bader and ITW among others.
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