X

Global Specialty Adhesives Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0499
Global Specialty Adhesives Market Outlook to 2029

Report Description

Specialty adhesives are described by cross-linking after application, which establishes powerful bonds that exhibit suitable solvent, water, and temperature resistance, which can replace mechanical fasteners and improve productivity. According to BlueQuark Research & Consulting, the global Specialty Adhesives market is expected to witness a significant growth rate during the forecasted period. Factors like the increasing demand for Specialty Adhesives from the automotive industry due to their ability to replace mechanical fasteners are expected to drive the global Specialty Adhesives market in the forecasted period. Further, the increasing demand for Specialty Adhesives in the Construction industry due to their properties like excellent durability and weather resistance are expected to propel the future Specialty Adhesives market in the forecasted period. Furthermore, due to its high temperature and extreme climate, the surging demand for Specialty Adhesives in the aerospace industry is expected to drive the global Specialty Adhesives market in the forecasted period. However, factors like stringent government regulations are restraining the growth of the worldwide Specialty Adhesives market in the forecasted period. 

Specialty Adhesives are used in the roof lining, seat molding, car interior components, building structures, aircraft interiors, exteriors, medical equipment, marine vehicles, etc. 

The Primary use of Specialty Adhesives is in the Automotive Industry. There has been a remarkable increase in the usage of Specialty Adhesives in the Automotive industry due to their superior adhesion with materials like aluminum, steel, polymers, fabrics, etc., exceptional durability, lightweight, and the ability to be customized to meet the versatility, thereby driving the global Specialty Adhesives market. Further, using Specialty Adhesive in bonding seat units of the car, roof lining, sheet molding, and attaching interior & exterior components is projected to drive the global market for Specialty Adhesives in the Automotive Industry. Furthermore, increasing demand for lightweight vehicles has shifted the focus of manufacturers towards fuel efficiency and emission control with opportunities to develop new and challenging product designs. The need for cars is expected to surge in the forecasted years. Manufacturers have also started investing in research & development to produce more innovative, cost-effective, high-performance products. Moreover, factors like the increasing electric vehicle market, global green revolution, urbanization, and growing metropolitan cities are estimated to drive the growth of the Specialty Adhesives Market. Furthermore, increasing emphasis on fuel efficiency and vehicle emission control has increased the demand for lightweight automotive parts, resulting in an escalation of the need for Reactive Specialty Adhesives. Moreover, Reactive Specialty Adhesives are widely used as an integral part of various fabricated products such as healthcare equipment, automotive parts, sports, and others. This is expected to result in an upsurge in demand for Specialty Adhesives from end-use industries. Reactive Specialty Adhesives allow manufacturers to develop new, challenging product designs due to growing consumer demand. These are the factors projected to drive the Global Specialty Adhesives market growth. 

The Asia-Pacific region is expected to be a market leader as it is one of the fastest-growing markets for Specialty Adhesives. Factors like increasing population, increase in growing income families, young people, and demand in the domestic and regional markets have elevated the need for Specialty Adhesives in these regions, thereby driving the market in the Asia-Pacific region. China and India are the primary consumers in Asia Pacific Region, with China holding a sizeable economic GDP. Further, this unpresidential growth has resulted in Asia-Pacific emerging as a leader in automotive vehicle manufacturing, shifting the manufacturing hub from the west to the east in the last decade. Moreover, China's new project, called the One Belt, One Road initiative, focuses on green development with infrastructure development of the roads, airport, and 30,000 km of high-speed rail. It will cover more than 80 cities with permanent residents, resulting in increased usage of Specialty Adhesives. Japanese aerospace industry has seen a significant increase in the production of commercial flights due to increased cargo demands. The demand for specialty adhesives is majorly utilized in the construction industry. The growth in the global population is fueling the need for more and more high-rise living vertical towers and more urban buildings, which is likely to pose a life safety risk. Construction activities are rapidly increasing in regions such as Asia-Pacific, North America, Europe, etc. The growing demand for specialty adhesives from the medical industry due to the increase in the usage of medical tapes is driving the specialty adhesives market. The various medical tapes used are composite, double-sided tapes, heat-activated-transfer tapes, and high adhesion tapes contributing to the rise of the specialty adhesives market. The growing usage of medical tapes can be attributed to the increased demand for surgical procedures owing to the rise in road mishaps, cardiovascular diseases, traumatic injuries, accidents, and other ailments. The UV Light cured Specialty Adhesives are broadly used in packaging due to their excellent heat-sealing properties. Packaging is widely utilized to protect the product from being damaged or spoiled for different products like groceries, beverages, consumer electronics, auto components, etc. Factors like these have made Asia-Pacific an essential scope for the global Specialty Adhesives market.

The market's key players are 3MThe Arkema GroupHenkel AGMaster BondPermatex, and  Nexus, among others. 

In Oct 2021, H.B.Fuller introduced new adhesives for paper straws.

In Oct 2021, DFCP Completed the Acquisition of Unichem.

Global Specialty Adhesives Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Specialty Adhesives market by segmenting based on Product Type (Cyanoacrylates, Polyvinyl acetate, Polyurethanes, Acrylic), by End-User Type (Automotive, Construction, Aviation, Marine, Medical & Others). The report examines the market drivers and restraints and the impact of Covid-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

Choose a License Type

How can we help you today?

CONTACT AN EXPERT

  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Specialty Adhesives market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Specialty Adhesives market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Specialty Adhesives Market evolves over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position.

  Tables and charts

Global Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

North America Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United States Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Canada Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Mexico Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Europe Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

United Kingdom Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Germany Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Italy Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

France Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Other Supporting Charts

Rest of Europe Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South America Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Brazil Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Argentina Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of South America Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Asia-Pacific Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

China Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

India Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Japan Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Korea Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Asia-Pacific Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Middle East & Africa Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Saudi Arabia Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

South Africa Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

Rest of Middle-East & Africa Specialty Adhesives Market Size, Market Growth & Market Forecast Revenue (in USD Millions), 2017-2027

  Who need this report?

  • Specialty Adhesives Manufacturing Companies
  • Construction Companies
  • Automotive Manufactures
  • Suppliers, distributors of Specialty Adhesives 
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Specialty Adhesives Market Outlook to 2027.pdf
Market Data - Global Specialty Adhesives Market Outlook to 2027.xls

  FAQs

HOW CAN WE HELP?

Get in touch to discuss your ambitions and we’ll help you get there.

GET IN TOUCH