Product Code: 978-1-68038-467-3
Structural Adhesive Market Growth & Trends:
The global structural adhesive market size is expected to reach USD 31.9 billion by 2030, as per the new report by Grand View Research, Inc., registering a CAGR of 5.8% from 2022 to 2030. The demand for the product is attributed to the rise in the consumption of the product in the construction, transportation, and consumer appliances industries. Additionally, it is utilized in creating a bond between metals, plastics, foams, and fabrics in furniture.
Adhesives are extensively used in the majority of day-to-day products. The furniture industry uses several types of adhesives such as polyvinyl acetate, synthetic rubber-based adhesive, cyanoacrylates, chloroprene rubber, and epoxy. Factors such as growing demand for hybrid and durable rubber and rising inclination toward modular and compact furniture are anticipated to drive the furniture industry, leading to the growth of the market during the forecast period.
Several advantages of adhesives such as high flexibility, lightness, chemical, corrosion & dust resistance, and compatibility with varied substances are anticipated to drive the demand for the product from the construction industry in HVAC, roofing, cables, floorings, windows, carpet, and others.
The market growth was negatively impacted for a short period due to COVID-19 owing to the shutting down of manufacturing plants in the automotive, industrial, and construction sectors. The demand fluctuations from these end-use industries had a direct impact on structural adhesives. Additionally, the lockdown impacted the industrial construction sector owing to the slowdown in construction activities.
Companies are continuously involved in the expansion of manufacturing plants in order to ensure a quick supply of their products to customers and enhance the production capacity of the product. For instance, Henkel AG & Co., AGaA opened its new manufacturing plant in Mexico to ensure the timely availability of the products to the customers.
Structural Adhesive Market Report Highlights:
- The water-based technology segment is expected to expand at a lucrative CAGR of 6.0% during the forecast period based on revenue owing to an increase in its bonding applications in leather, wood, and textiles
- The epoxy product segment is expected to expand at a significant CAGR of 6.2% from 2022 to 2030 based on revenue as it ensures high strength towards permanent bonding applications
- The construction application segment is anticipated to register a revenue-based CAGR of 5.8% during the forecast period due to the rise in the consumption of the product in residential and commercial construction activities
- Asia Pacific region is anticipated to register the fastest CAGR of 6.3% during the forecast period based on revenue owing to a rise in the industrial output in China, India, and Southeast Asia
- The growth of the North American construction industry is largely supported by the rapid expansion of the residential housing sector. The construction sector in the U.S. has outperformed Mexico and Canada in the past few years
- Companies have been boosting their production capacities in order to keep up with the rising demand from the end-use industries such as construction and transportation
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Purchased Database
- 1.3.2 GVR's Internal Database
- 1.3.3 Secondary Sources
- 1.3.4 Third Party Perspective
- 1.3.5 Primary Research
- 1.3.6 Primary Sources
- 1.4 Information analysis
- 1.4.1 Data Analysis Models
- 1.5 Market formulation & data visualization
- 1.6 Data validation & publishing
- 1.7 Research Scope and Assumptions
Chapter 2 Executive Summary
- 2.1 Market Outlook
- 2.2 Segmental Outlook
- 2.3 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Global adhesives market
- 3.2 Penetration & Growth Prospect Mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Manufacturing trends
- 3.3.2 Sales channel analysis
- 3.3.3 Vendor selection criteria analysis
- 3.4 Regulatory Framework
- 3.5 Market Dynamics
- 3.5.1 Market Driver Impact Analysis
- 3.5.1.1 Growth of key end - use industries
- 3.5.1.2 Increasing demand for composites
- 3.5.2 Market Restraint Impact Analysis
- 3.5.2.1 Volatile feedstock prices
- 3.6 Business Environment Analysis
- 3.6.1 Porter's Analysis
- 3.6.2 PESTEL Analysis
- 3.7 Impact of COVID - 19 On the Industry
- 3.8 Impact of Eastern European Geopolitical Conflict On the Industry
Chapter 4 Structural Adhesives Market: Product Estimates & Trend Analysis
- 4.1 Product Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
- 4.2 Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 4.2.1 Urethanes
- 4.2.2 Epoxy
- 4.2.3 Acrylic
- 4.2.4 Cyanoacrylic
- 4.2.5 Others
Chapter 5 Structural Adhesives Market: Technology Estimates & Trend Analysis
- 5.1 Technology Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
- 5.2 Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 5.2.1 Water - based
- 5.2.2 Solvent - based
- 5.2.3 Others
Chapter 6 Structural Adhesives Market: Application Estimates & Trend Analysis
- 6.1 Application Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
- 6.2 Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 6.2.1 Transportation
- 6.2.2 Construction
- 6.2.3 Consumer Appliances
- 6.2.4 Furniture
- 6.2.5 Others
Chapter 7 Structural Adhesives Market: Regional Estimates & Trend Analysis
- 7.1 Regional Movement Analysis & Market Share, 2021 & 2030 (Kilotons) (USD Million)
- 7.2 Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Region, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1 North America
- 7.2.1.1 North America Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.2 North America Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.3 North America Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.4 U.S.
- 7.2.1.4.1 U.S. Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.4.2 U.S. Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.4.3 U.S. Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.5 Canada
- 7.2.1.5.1 Canada Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.5.2 Canada Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.5.3 Canada Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.6 Mexico
- 7.2.1.6.1 Mexico Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.6.2 Mexico Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.1.6.3 Mexico Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2 Europe
- 7.2.2.1 Europe Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.2 Europe Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.3 Europe Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.4 Germany
- 7.2.2.4.1 Germany Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.4.2 Germany Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.4.3 Germany Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.5 U.K.
- 7.2.2.5.1 U.K. Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.5.2 U.K. Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.5.3 U.K. Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.6 France
- 7.2.2.6.1 France Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.6.2 France Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.2.6.3 France Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3 Asia pacific
- 7.2.3.1 Asia Pacific Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.2 Asia Pacific Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.3 Asia Pacific Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.4 China
- 7.2.3.4.1 China Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.4.2 China Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.4.3 China Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.5 India
- 7.2.3.5.1 India Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.5.2 India Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.5.3 India Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.6 Japan
- 7.2.3.6.1 Japan Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.6.2 Japan Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.6.3 Japan Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.7 Korea
- 7.2.3.7.1 Korea Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.7.2 Korea Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.3.7.3 Korea Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4 Central & south America
- 7.2.4.1 Central & South America Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4.2 Central & South America Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4.3 Central & South America Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4.4 Brazil
- 7.2.4.4.1 Brazil Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4.4.2 Brazil Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.4.4.3 Brazil Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.5 Middle East & Africa
- 7.2.5.1 Middle East & Africa Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Technology, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.5.2 Middle East & Africa Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Product, 2018 - 2030 (Kilotons) (USD Million)
- 7.2.5.3 Middle East & Africa Structural Adhesives Market Size, Forecasts, and Trend Analysis, By Application, 2018 - 2030 (Kilotons) (USD Million)
Chapter 8 Structural Adhesives Market - Competitive Landscape
- 8.1 Key Global Players & Recent Developments & Their Impact On the Industry
- 8.2 List of Key Players/Suppliers in the Industry
- 8.3 List of Key End - Users
- 8.4 SWOT Analysis
Chapter 9 Company Profiles
- 9.1 Henkel AG & Co. KGaA
- 9.1.1 Company Overview
- 9.1.2 Financial Performance
- 9.1.3 Product Benchmarking
- 9.1.4 Strategic Initiative
- 9.2 Dow
- 9.2.1 Company Overview
- 9.2.2 Financial Performance
- 9.2.3 Product Benchmarking
- 9.3 3M
- 9.3.1 Company Overview
- 9.3.2 Financial Performance
- 9.3.3 Product Benchmarking
- 9.4 HB Fuller Company
- 9.4.1 Company Overview
- 9.4.2 Financial Performance
- 9.4.3 Product Benchmarking
- 9.4.4 strategic initiatives
- 9.5 Franklin International
- 9.5.1 Company Overview
- 9.5.2 Financial Performance
- 9.5.3 Product Benchmarking
- 9.6 AVERY DENNISON CORPORATION
- 9.6.1 Company Overview
- 9.6.2 Financial Performance
- 9.6.3 Product Benchmarking
- 9.7 Ashland
- 9.7.1 Company Overview
- 9.7.2 Financial Performance
- 9.7.3 Product Benchmarking
- 9.8 Lord Corporation (Parker Hannifin Corp.)
- 9.8.1 Company Overview
- 9.8.2 Financial Performance
- 9.8.3 Product Benchmarking
- 9.9 Arkema
- 9.9.1 Company Overview
- 9.9.2 Financial Performance
- 9.9.3 Product Benchmarking
- 9.9.4 Strategic Initiatives
- 9.10 Scott Bader Company Ltd.
- 9.10.1 Company Overview
- 9.10.2 Financial Performance
- 9.10.3 Product Benchmarking
- 9.10.4 Strategic Initiative
- 9.11 Hubei Huitian Adhesive Enterprise Co., Ltd.
- 9.11.1 Company Overview
- 9.11.2 Financial Performance
- 9.11.3 Product Benchmarking