Epoxy Adhesives Market CAGR is expected to be 6.12% during the forecast period and the market size is expected to reach nearly US$ 12.91 Bn. by 2029.
Epoxy Adhesives Market Overview:
Epoxy Adhesives Market Research Report analyzed the current state in the definitions, classifications, applications, and industry chain structure. The analysis provides unbiased professional commentary on the present market scenario, prior market performance, production and consumption rates, demand and supply ratios, and income generation forecasts for the projected period. The Epoxy Adhesives market study also gives information on the leading businesses functioning in the Epoxy Adhesives industry's strategic ambitions and company growth strategies. Mergers and acquisitions, government and corporate transactions, partnerships and collaborations, joint ventures, brand promotions, and product launches are among the methods evaluated in the research. To summarise what has been said thus far, the report provides a comprehensive picture of the Epoxy Adhesives market in both global and regional markets.
Market Scope:
The analysis contains a current examination of the present Epoxy Adhesives market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Epoxy Adhesives market environment. Increased demand for Epoxy Adhesives is driving the market. The Epoxy Adhesives market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape
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Segmentation:
Product Type
Due to its exceptional qualities, including a quick drying time, a solvent-free system, and customer friendliness, the one-component segment is anticipated to expand at a high rate during the projected period. One-component epoxies don't need to be mixed, measured, or degassed; they can be used right out of the tube. These epoxies must be heated in order to function. Popular epoxy adhesives that don't need heat to cure are two-component epoxies. Combining the resin with hardener is adequate. The necessary polymerization for cure is started by hardeners.
End-user Industry
Over the projected period, the construction industry is expected to increase at the fastest rate. Epoxy adhesives are frequently used in construction, mostly for repairing and anchoring concrete. They are also used in carpentry and woodworking applications to improve the adhesion of wooden surfaces in buildings. They are frequently used to join sections of bridges and viaducts, replacing metal screws or bolts totally while providing sufficient resistance to the continual pressure on the road and the ranges of temperature.
by Product
• One-Component
• Two-Component
by End-user Industry
• Aerospace and Defense
• Automotive
• Marine
• Electrical and Electronics
• Construction
• Energy and Power
• Others
Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market's major influencing factors, as well as complete company profiles of
• 3M Company
• AdCo UK Limited
• Alfa International Corporation
• American Chemical, Inc.
• Ashland, Inc.
• Adhesive Technologies Corp.
• Arkema Group
• Sika AG
• RPM International
• Permabond Engineering Adhesives Ltd.
• Master Bond
• Hexcel Corporation
• Huntsman Corp.
• LORD Corp.
• Pidilite Industries Ltd.
• Other Key Players
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Regional Analysis:
The report's region section also includes specific market affecting elements and changes in market regulation that affect the market's present and future developments. Some of the primary indicators utilized to estimate the market scenario for different regions include new sales, replacement sales, national demographics, regulatory acts, and import-export tariffs. In addition, the existence and availability of global brands, as well as the obstacles they face owing to big or scarce competition from local and domestic brands, as well as the influence of sales channels, are taken into account when offering forecast analysis of national data.
COVID-19 Impact Analysis on Epoxy Adhesives Market:
The COVID-19 epidemic has had a significant impact on the global Epoxy Adhesives industry. Epoxy Adhesives Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Epoxy Adhesives market to decelerate in 2022. The negative impact of COVID-19 on the Epoxy Adhesives market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2022, owing to increased demand for Epoxy Adhesives.
Key Questions Answered in the Epoxy Adhesives Market Report are:
- Which segment was responsible for the largest share in the Epoxy Adhesives market?
- How was the competitive scenario of the Epoxy Adhesives market in 2022?
- Which are the key factors responsible for the Epoxy Adhesives market growth?
- Which region held the maximum share in the Epoxy Adhesives market in 2022?
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