Abstract
Summary
The global Composite Adhesives Market accrued earnings worth approximately 3.4 (USD Billion) in 2020 and is predicted to gain revenue of about 5.7(USD Billion) by 2028, is set to record a CAGR of nearly 4.2% over the period from 2021 to 2028. The report offers assessment and analysis of the Composite Adhesives Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion). Composite Adhesives Market: Overview
Composite adhesives find plethora of applications in various end-use sectors such as construction, automotive, manufacturing, consumer goods, and aerospace. For the record, graphite, glass fiber, and carbon fiber are few of majorly used composite adhesives. Moreover, composite adhesives possess huge mechanical strength and are light in weight. The product offers strong bonding among themselves and to other substrates. Moreover, they demonstrate exceptional performance even after getting exposed to high temperatures.
Composite Adhesives Market: Growth Drivers
Rise in demand for product in manufacture of FRP bathtubs, doors, windows, and panels will steer composite adhesives industry growth. Increase in allocation of funds from state authorities for construction activities will proliferate size of composite adhesives market in forthcoming years. Breakthroughs in additive manufacturing activities have proved to be beneficial for composites, thereby driving industry trends. With massive inclination towards use of green products in vehicle production and demand for low carbon vehicle emissions, the growth of market for composite adhesives is gaining momentum in recent years. Apparently, a prominent increase in utilization of composites in manufacture of wind power is likely to be a key factor of growth for composite adhesives industry in near future.
Furthermore, composite adhesives are also used in racing cars, orthopedic equipment, consumer goods packaging, storage tanks, and perforated panel assembly. This, in turn, will create lucrative growth opportunities for composite adhesive market in foreseeable future. However, onset of COVID-19 pandemic has staggered growth of composite adhesives market in last few years. Report Scope:
Composite Adhesives Market: Regional Landscape Asia Pacific To Dominate Composite Adhesives Market Over 2021-2028
Growth of composite adhesives market in Asia Pacific zone over assessment period is subject to prominent surge in use of product in lightweight constructions. Apart from this, large-scale use of composite adhesives in a slew of end-use industries in China India and thriving construction sector with strong infrastructure will promulgate scope of market growth in sub-continent. Rise in population in sub-continent is projected to play a key role in leveraging growth of industry in region. Competitive Landscape
Key players influencing growth of composite adhesives market and profiled in report are Lord Corp., Henkel AG Co. KGaA, Bostik, Illinois Tool Works Inc., Dow Inc., Ashland Inc., The 3M Company, Permanbond LLC, and Huntsman Corp. The global Composite Adhesives Market is segmented as follows: By Product
Acrylic
Epoxy By End-Use
Automotive Transportation
Aerospace Defense
Construction
Electrical Electronics By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East Africa
GCC
South Africa
Rest of Middle East Africa
Table of Contents
1 Preface
1.1 Report Description and Scope
1.2 Research scope
1.3 Research methodology
1.3.1 Market Research Type
1.3.2 Market research methodology
2 Executive Summary
2.1 Global Composite Adhesives Market, (2022 - 2028) (USD Billion)
2.2 Global Composite Adhesives Market : snapshot
3 Global Composite Adhesives Market - Industry Analysis
3.1 Composite Adhesives Market: Market Dynamics
3.2 Market Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Market Challenges
3.6 Porter’s Five Forces Analysis
3.7 Market Attractiveness Analysis
3.7.1 Market attractiveness analysis By Product
3.7.2 Market attractiveness analysis By End-Use
4 Global Composite Adhesives Market- Competitive Landscape
4.1 Company market share analysis
4.1.1 Global Composite Adhesives Market: company market share, 2021
4.2 Strategic development
4.2.1 Acquisitions & mergers
4.2.2 New Product launches
4.2.3 Agreements, partnerships, cullaborations, and joint ventures
4.2.4 Research and development and Regional expansion
4.3 Price trend analysis
5 Global Composite Adhesives Market - Product Analysis
5.1 Global Composite Adhesives Market overview: By Product
5.1.1 Global Composite Adhesives Market share, By Product, 2021 and 2028
5.2 Acrylic
5.2.1 Global Composite Adhesives Market by Acrylic, 2022 - 2028 (USD Billion)
5.3 Epoxy
5.3.1 Global Composite Adhesives Market by Epoxy, 2022 - 2028 (USD Billion)
6 Global Composite Adhesives Market - End-Use Analysis
6.1 Global Composite Adhesives Market overview: By End-Use
6.1.1 Global Composite Adhesives Market share, By End-Use, 2021 and 2028
6.2 Automotive & Transportation
6.2.1 Global Composite Adhesives Market by Automotive & Transportation, 2022 - 2028 (USD Billion)
6.3 Aerospace & Defense
6.3.1 Global Composite Adhesives Market by Aerospace & Defense, 2022 - 2028 (USD Billion)
6.4 Construction
6.4.1 Global Composite Adhesives Market by Construction, 2022 - 2028 (USD Billion)
6.5 Electrical & Electronics
6.5.1 Global Composite Adhesives Market by Electrical & Electronics, 2022 - 2028 (USD Billion)
7 Composite Adhesives Market - Regional Analysis
7.1 Global Composite Adhesives Market Regional Overview
7.2 Global Composite Adhesives Market Share, by Region, 2021 & 2028 (USD Billion)
7.3 North America
7.3.1 North America Composite Adhesives Market, 2022 - 2028 (USD Billion)
- 7.3.1.1 North America Composite Adhesives Market, by Country, 2022 - 2028 (USD Billion)
7.4 North America Composite Adhesives Market, by Product, 2022 - 2028
7.4.1 North America Composite Adhesives Market, by Product, 2022 - 2028 (USD Billion)
7.4.2 Europe Composite Adhesives Market, 2022 - 2028 (USD Billion)
- 7.4.2.1 Europe Composite Adhesives Market, by Country, 2022 - 2028 (USD Billion)
7.5 North America Composite Adhesives Market, by End-Use, 2022 - 2028
7.5.1 North America Composite Adhesives Market, by End-Use, 2022 - 2028 (USD Billion)
7.5.3 Asia Pacific Composite Adhesives Market, 2022 - 2028 (USD Billion)
- 7.5.3.1 Asia Pacific Composite Adhesives Market, by Country, 2022 - 2028 (USD Billion)
7.6 Latin America
7.6.4 Latin America Composite Adhesives Market, 2022 - 2028 (USD Billion)
- 7.6.4.1 Latin America Composite Adhesives Market, by Country, 2022 - 2028 (USD Billion)
7.7 The Middle-East and Africa
7.7.5 The Middle-East and Africa Composite Adhesives Market, 2022 - 2028 (USD Billion)
- 7.7.5.1 The Middle-East and Africa Composite Adhesives Market, by Country, 2022 - 2028 (USD Billion)
8 Company Profiles
8.1 Lord Corp
8.1.1 Overview
8.1.2 Financials
8.1.3 Product Portfolio
8.1.4 Business Strategy
8.1.5 Recent Developments
8.2 Henkel AG & Co. KGaA
8.2.1 Overview
8.2.2 Financials
8.2.3 Product Portfolio
8.2.4 Business Strategy
8.2.5 Recent Developments
8.3 Bostik
8.3.1 Overview
8.3.2 Financials
8.3.3 Product Portfolio
8.3.4 Business Strategy
8.3.5 Recent Developments
8.4 Illinois Tool Works Inc
8.4.1 Overview
8.4.2 Financials
8.4.3 Product Portfolio
8.4.4 Business Strategy
8.4.5 Recent Developments
8.5 Dow Inc
8.5.1 Overview
8.5.2 Financials
8.5.3 Product Portfolio
8.5.4 Business Strategy
8.5.5 Recent Developments
8.6 Ashland Inc
8.6.1 Overview
8.6.2 Financials
8.6.3 Product Portfolio
8.6.4 Business Strategy
8.6.5 Recent Developments
8.7 The 3M Company
8.7.1 Overview
8.7.2 Financials
8.7.3 Product Portfolio
8.7.4 Business Strategy
8.7.5 Recent Developments
8.8 Permanbond LLC
8.8.1 Overview
8.8.2 Financials
8.8.3 Product Portfolio
8.8.4 Business Strategy
8.8.5 Recent Developments
8.9 Huntsman Corp
8.9.1 Overview
8.9.2 Financials
8.9.3 Product Portfolio
8.9.4 Business Strategy
8.9.5 Recent Developments