Press Release / Business / Metal bonding Adhesives Market Share, Growth by Top Company, Region, Applications, Drivers, Trends and Forecast to 2023
Metal bonding Adhesives Market Share, Growth by Top Company, Region, Applications, Drivers, Trends and Forecast to 2023
By Rishab Gupta on October 03 2018 | 266 Views
Prevailing trend of Light Weighting along with growing automotive production is estimated to drive the global metal bonding adhesives demand, 2018-2023
Market Definition:-
Metal bonding Adhesives are the high performance joining materials used to attach two metal substrates together. Metal bonding adhesives are used instead of conventional fasteners and welds used in automotive and industrial equipment industries.
Global Competitive Analysis:-
Some of the major players functioning in the global metal bonding adhesives market are Some of the prominent players operating in the global metal bonding adhesives market are Henkel AG & Co KgaA, H. B. Fuller, The 3M Company, Sika AG, The Dow DuPont Inc., Arkema S.A., Solvay SA, Lord Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, and Parson Adhesives, Inc.
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Geographical Analysis:-
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Intended Audience:-
High temperature coatings manufacturers
Traders and Distributors of high temperature coatings
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
DC Description:-
Metal Glue
Metal Epoxy
Panel Bonding Adhesives
Industrial Glue
Polyurethane Glue
Regional Analysis:-
Geographically, global metal bonding adhesives market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Automotive production in Asia Pacific region is growing as the fastest rate. This is creating additional demand for the metal bonding adhesives manufacturers. Among these markets, Asia Pacific is the largest and fastest growing market, owing to the increasing automotive production in China and India. More specifically, production of passenger cars is increasing at a rapid space in the region. With 21 million passenger cars produced in 2015, China is the largest passenger car vehicles producer in the region.
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North American market is witnessing constant growth, owing to stable investment in the U.S. construction industry. Additionally, automotive production in the region is constantly restructuring to its previous growth rate. Growing construction and infrastructure spending in Europe region is fueling metal bonding adhesives demand in the industrial equipment application.
Middle East & Africa is estimated to be the fastest growing region, after Asia Pacific. This growth is attributed to the increasing manufacturing activities in the region
Segmental Analysis:-
The global metal bonding adhesives market is segmented on the basis of type, application, and region. Based on type, global metal bonding adhesives market is segmented as epoxy, acrylic, polyurethane, and other. Epoxy is the most prominent product type followed by acrylic adhesives. Epoxy based metal bonding adhesives are the widely preferred in end-use industries, owing to their durability, mechanical strength and other properties. Acrylic based metal bonding adhesives are witnessing high growth, owing to increasing product development by the manufacturers.
On the basis of application, global metal bonding adhesives is classified as automotive & transportation, industrial equipment, and consumer appliances. Among these applications, automotive and transportation is the largest and fastest growing application of the global metal bonding adhesives market. Exterior panels and panel bonding are the top applications within automotive application. Largest share in automotive and transportation is attributed to the high use of metal bonding adhesives in automotive and transportation
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