According to the latest report by IMARC Group, titled “Engineering Adhesives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global engineering adhesives market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Engineering adhesives refer to different substances used for joining or sticking two or more materials or objects together. The basic formulation of these adhesives involves toughening agents, diluents, anti-oxidants, fillers, plasticizers, and surfactants. There are four main types of engineering adhesives available in the market, including polyurethane, acrylic, epoxy, and phenolic. These adhesives are commercially used for joining components of electronics, medical equipment, automobiles, office machines, and glass ceramics.
Rapid growth in the wood, transportation and construction industries is primarily driving the global engineering adhesives market. Besides this, the marine, rail, aerospace, sports and communication industries are currently investing in improving their engineering activities for making cost-effective and lightweight components. This is further contributing to the market growth. Moreover, wood and steel substrates are increasingly being replaced with lightweight alternatives, including engineering plastics, aluminum, and composites. This, in turn, is facilitating the demand for high performance adhesives across the globe.
Engineering Adhesives Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global engineering adhesives market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 3M Company
- Arkema
- Ashland
- Dow Inc
- Dymax Corporation
- B. Fuller Company
- B. Fuller Company
- Henkel AG & Co. KGaA
- Huntsman Corporation
- LORD Corporation (Parker Hannifin Corp)
- Permabond LLC
- Sika AG
Key Market Segmentation:
The report has segmented the global engineering adhesives market on the basis of product, application and region.
Breakup by Product:
- Epoxy
- Polyurethanes
- Cyanoacrylates
- Methacrylates
- Others
Breakup by Application:
- Transportation
- Construction
- Electrical and Electronics
- Energy
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/engineering-adhesives-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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