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 global thermoset resin adhesive market was valued at approximately USD 8.3 billion in 2022, with a compound annual growth rate (CAGR) of 6.2% projected from 2023 to 2030. This growth trajectory is driven by the increasing demand for high-performance adhesives in automotive, aerospace, and electronics sectors, where durability and heat resistance are crucial. The market's expansion is supported by advancements in adhesive technology and the rising preference for lightweight, high-strength materials. Emerging markets, particularly in Asia-Pacific, are expected to offer significant opportunities due to rapid industrialization and infrastructure development in countries like China and India. The market also sees potential in niche applications, such as in renewable energy and medical devices, where thermoset resin adhesives are becoming integral for their unique properties. The development of eco-friendly and sustainable adhesive solutions further opens avenues for growth, aligning with global trends toward greener manufacturing practices. As companies invest in research and development to innovate and meet evolving industry standards, the market is set to witness diverse growth drivers and regional expansions in the coming years.
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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
Automotive
Architecture
Wind Energy
Other
Based on Types the Market is categorized into Below types that held the largest Thermoset Resin Adhesive market share In 2023.
Epoxy Resin Adhesive
Phenolic Resin Adhesive
Polyurethane Resin Adhesive
Acrylic Resin Adhesive
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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