Europe Thermoset Adhesives Market was valued at USD 4.1 Billion in 2022 and is projected to reach USD 6.1 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030.
The Europe Thermoset Adhesives Market is evolving rapidly, driven by industries increasingly demanding high-performance materials that meet stringent environmental, economic, and application-specific requirements. Thermoset adhesives, known for their superior thermal and mechanical properties, are becoming indispensable in various sectors. These adhesives undergo a chemical reaction when cured, which makes them hard and resistant to heat and moisture, ensuring their long-term stability in extreme conditions. The diverse applications of thermoset adhesives range from automotive, aerospace, electronics, and construction, to more specialized industries such as medical devices and renewable energy.
Across Europe, thermoset adhesives are in high demand due to their unique ability to bond various substrates like metals, plastics, and composites. This market is witnessing significant growth, largely fueled by the increasing need for durable and sustainable bonding solutions. In industries such as automotive manufacturing, the demand for lightweight and high-strength materials is pushing the adoption of thermoset adhesives for critical applications like bonding parts of electric vehicles and assembly of composite materials. Similarly, the aerospace sector benefits from the heat and chemical resistance properties of thermoset adhesives, ensuring that critical components withstand the harsh environments they are exposed to.
The demand from the electronics industry is also rising, as manufacturers seek reliable adhesives for assembling components in electronic devices. With the ongoing trend of miniaturization and the need for precise bonding in small, intricate electronic parts, thermoset adhesives offer significant advantages in ensuring both stability and performance. Additionally, in the construction sector, thermoset adhesives are used in bonding materials for high-strength structural applications, further expanding their reach.
Manufacturers are increasingly looking for thermoset adhesives that are not only effective but also cost-efficient and eco-friendly. The requirement for compliance with strict regulations related to VOC emissions and environmental sustainability is influencing the development of newer, greener formulations of thermoset adhesives. As the demand for these adhesives continues to rise, the industry is responding by developing innovative solutions that align with industry requirements and regulatory standards.
Furthermore, with a growing emphasis on sustainability, industries are looking for adhesives that contribute to energy efficiency and reduce environmental impact. The development of thermoset adhesives with recyclable components, or those that are easier to process and cure, is a trend that is shaping the future of the market. As companies continue to invest in research and development, it is clear that the thermoset adhesives market in Europe will keep growing, adapting to the ever-changing needs of diverse industries.
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Bostik
H.B. Fuller
RELTEK
Henkel Adhesives
LORD Corporation
Ellsworth Adhesives
Master Bond Inc
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 Europe Thermoset Adhesives Market
Aerospace
Automotive
Construction
Electronics
Medical Devices
Epoxy-based Adhesives
Polyurethane-based Adhesives
Acrylic-based Adhesives
Phenolic-based Adhesives
Others
Liquid Adhesives
Paste Adhesives
Powder Adhesives
Film Adhesives
Bonding
Sealing
Coating
Surface Protection
Heat Curing
UV Curing
Moisture Curing
Two-part Systems
US (United States, US 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 Europe Thermoset Adhesives 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. Europe Thermoset Adhesives Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Thermoset Adhesives Market, By Type
6. Europe Thermoset Adhesives Market, By Application
7. Europe Thermoset Adhesives Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Thermoset Adhesives Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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