Global Epoxy Adhesives Market Research Report

Global Epoxy Adhesives Market

The GMI Research forecasts that the Epoxy Adhesives Market is witnessing an upsurge in demand over the forecast period. This is mainly due to their excessive usage in aerospace, automotive, building & construction, and the semiconductor industry.

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Introduction of the Epoxy Adhesives Market

Epoxy adhesives are high-strength adhesives highly used across various industries. They are composed of epoxy resins, which turn made up of the chemical bisphenol-A. They can be used to adhesion numerous substrates such as wood, metals, plastics, glass, and stones.

Key Players of the Global Epoxy Adhesives Market:

· 3M

· Adhesive Technologies Corp.

· Ashland Inc.

· Arkema Group (Bostik SA)

· Benson Polymers Ltd

· Collano Adhesives AG

· Henkel

· American Chemical Inc.

· AdCo UK Limited

· DELO Industrial Adhesives

Epoxy Adhesives Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

One of the most prominent drivers responsible for the growth of the global epoxy adhesives market includes the swift enlargement of the semiconductor industry. For example, The European Government decided to invest approximately US$ 800 billion in the semiconductor industry for semiconductor chips directing to offer 5G access and gigabyte internet connectivity by the end of 2030. This extensive investment and strategic initiative by the government will strengthen the epoxy adhesives market size. In addition, the accelerating urban population accompanied by the enhancing infrastructural development across the emerging and developed counties like India, China, and Germany further stimulate market growth. The World Water Development Report, published by the UN, in 2020 stated that the European Investment Bank invested over Euro 105 million in water projects. However, the unstable managerial policies and regulations may hinder the epoxy adhesives market share.

Product Type Segment Drivers

Based on the product type, one-component will account for a larger market share in the coming years. This is mainly due to their increasing endorsement by many individuals led by their properties, such as more effective and easy to handle. Also, they possess faster curing time and solvent-free features, which improve efficacy.

End-Use Industry Segment Drivers

Based on the end-use industry, the construction sector is contemplated to observe a significant demand during the forecast period. This is primarily attributed to the ongoing extension of the industry due to rapid globalization and their extensive application for anchoring purposes and concrete repair. Moreover, they are increasingly employed in bridges for connecting precast materials, bonding steel support components, and carbon seals for slabs and columns.

Regional Drivers

Based on regional coverage, Asia-Pacific is forecasted to grow at a higher compound annual growth rate due to varying demographics across urban areas and aggravating public-private partnership (PPP) for the blossoming of infrastructure and services. Enormous government smart cities projects, including Smart Cities Mission, India; Taipei Smart City Living Lab project, Taiwan; Haikou City Brain, China, are proliferating the market growth.

Epoxy Adhesives Market Segmentation:

Segmentation by Product Type

· One Component

· Two Component

Segmentation by End-Use Industry

· Aerospace and Defense

· Automotive

· Marine

· Electrical and Electronics

· Construction

· Energy and Power

· Others

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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