Us Thermoset Resin Adhesive Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Thermoset Resin Adhesive Market was valued at USD 8.5 Billion in 2022 and is projected to reach USD 12.3 Billion by 2030, growing at a CAGR of 6.3% from 2024 to 2030.
The US thermoset resin adhesive market is experiencing a significant transformation, driven by advancements in adhesive technologies and the growing demand for durable, high-performance bonding solutions across various industries. Thermoset resin adhesives are gaining popularity due to their exceptional thermal stability, chemical resistance, and structural strength. These adhesives are used in a wide range of applications, including automotive, aerospace, construction, and electronics. As industries continue to innovate, the demand for thermoset resin adhesives is set to rise, offering tremendous growth potential for manufacturers and suppliers in the market.
One of the key factors propelling the market's growth is the increasing need for lightweight, high-strength materials in industries like automotive and aerospace. Thermoset resin adhesives are ideal for these applications as they offer superior bonding capabilities without compromising on weight. In the automotive sector, these adhesives are increasingly being used for bonding components in electric vehicles (EVs) and lightweight vehicles, driving the market forward.
The demand for thermoset resin adhesives in the construction and electronics sectors is also rising. These adhesives are essential for applications that require high durability and resistance to extreme conditions. In construction, they are used in structural bonding, while in electronics, they are crucial for assembling components like semiconductors and circuit boards. With increasing construction activity and the rise of smart electronic devices, the market for thermoset resin adhesives is expanding rapidly.
As industries push for more sustainable materials and manufacturing processes, thermoset resin adhesives are also gaining traction due to their eco-friendly properties. Many of these adhesives are being formulated with low volatile organic compound (VOC) emissions, contributing to a cleaner and greener environment. This shift towards sustainability is likely to further boost the adoption of thermoset resin adhesives.
Moreover, technological advancements in adhesive formulations are enhancing the performance characteristics of thermoset resin adhesives. Manufacturers are investing in research and development to improve the curing times, bonding strength, and resistance to environmental factors. The continued evolution of adhesive technologies will undoubtedly shape the future of the US thermoset resin adhesive market.
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Dow
BASF
Huntsman
Momentive
Bayer
Polynt
AOC
Olin Epoxy
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Thermoset Resin Adhesive Market
Epoxy Adhesives
Polyurethane Adhesives
Methyl Methacrylate Adhesives
Phenolic Adhesives
Silicone Adhesives
Aerospace
Automotive
Construction
Electronics
Consumer Goods
Bulk Application
Spray Application
Brush Application
Dispensing Systems
Pre-assembled Components
Heat-Cured Adhesives
Room-Temperature-Cured Adhesives
UV-Cured Adhesives
Solvent-Cured Adhesives
Single-Component Formulations
Two-Component Formulations
Pre-mixed Formulations
Custom Formulations for Specific Requirements
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Thermoset Resin Adhesive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Thermoset Resin Adhesive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Thermoset Resin Adhesive Market, By Type
6. Global Thermoset Resin Adhesive Market, By Application
7. Global Thermoset Resin Adhesive Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Thermoset Resin Adhesive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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