Adhesives in Composites Market was valued at USD 10.5 Billion in 2022 and is projected to reach USD 15.2 Billion by 2030, growing at a CAGR of 5.0% from 2024 to 2030.
The adhesives in composites market was valued at approximately USD 3.1 billion in 2022, and it is projected to experience a robust compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. This growth is driven by increasing demand across various industries, including aerospace, automotive, and construction, where the need for high-performance bonding solutions in composite materials is critical. The aerospace sector, in particular, is expected to contribute significantly to market expansion due to the rising adoption of lightweight composite materials for fuel efficiency and enhanced performance. The market size is anticipated to reach around USD 4.6 billion by 2030. Opportunities within this market are further amplified by technological advancements and innovations in adhesive formulations, which enhance the durability and effectiveness of composites. Emerging markets in Asia-Pacific are showing considerable potential, driven by rapid industrialization and infrastructure development, particularly in countries like India and China. Additionally, the increasing focus on sustainable and eco-friendly materials is opening new avenues for adhesive solutions that cater to the growing environmental regulations. These factors are collectively shaping the future landscape of the adhesives in composites market, offering substantial growth prospects and a dynamic competitive environment.
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Huntsman international
3M
Ashland
DuPont
Sika
Arkema
DELO
Dymax
Engineered Bonding Solutions
Gurit
H.B.Fuller
Hexcel
Hybond
LORD
Master Bond
Parson Adhesives
Permabond
SCIGRIP
Scott Bader
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 Adhesives in Composites Market
Automotive
Aerospace
Wind Energy
Marine
Others
Based on Types the Market is categorized into Below types that held the largest Adhesives in Composites market share In 2023.
Epoxy Adhesive
Polyurethane Adhesive
Others
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 Adhesives in Composites 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 Adhesives in Composites Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Adhesives in Composites Market, By Type
6. Global Adhesives in Composites Market, By Application
7. Global Adhesives in Composites Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Adhesives in Composites Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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