Structural adhesives, also called load-bearing adhesives, are materials capable of hardening on the substrate and upholding two similar or dissimilar surfaces together through surface contact. According to BlueQuark Research & Consulting, the global Epoxy Adhesive market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing use of adhesive for binding two similar or dissimilar surfaces are pushing its adoption in construction sites which is expected to drive the demand of the global Structural Adhesives market in the forecasted period. Further, Structural adhesives are used in automotive industries to connect various parts and have removed the need for welding in many components, which is expected to drive the demand of the global Structural Adhesives market in the forecasted period. Furthermore, Epoxy-based adhesives are witnessing high traction in structural bonding applications and are expected to drive the demand of the global Structural Adhesives market in the forecasted period. However, structural adhesives emit volatile organic compounds (VOC) during their manufacturing that can cause several health-related disorders such as conjunctival irritation, shortness of breath, fatigue, dizziness, skin problems, and others. In addition, exposure to VOC in high concentrations may cause irritation to the lungs, and kidneys, damage the liver and central nervous system and lead to other chronic diseases. This factor hampers the market growth.
Structural Adhesives are the kind of adhesives used as connecting materials such as metals, composite materials, thermoplastics, etc. These adhesives are used in adhesion across transportation, marine, HVAC, automotive, wind energy, industrial assemblies, and construction sector.
The construction sector is predicted to dominate the market due to the prominent use of advanced adhesive technologies. In the construction sector, structural adhesives provide durable materials, such as architectural membranes, caulks, wires and cables, roofs, etc. Structural adhesives are required to offer weatherability and durability while remaining energy-efficient and aesthetically appealing. They also reduce the need for maintenance, which may put workers at risk. This enhances aesthetics and extends the life cycle of building facades and bridges. These adhesives avoid costs built into typical mechanically fastened joints and are highly aesthetic. They are cost-effective due to minimized material costs, the number of parts, labor costs, and process time. They are also available in various packaging and dispensing options - cartridge (convenience) packaging and bulk packaging. Structural adhesives keep processing convenience and assembly cost savings. Structural adhesives are easy to use, require less surface preparation, and require no drilling through holes or tapping operations. They are arranged to form bonds that can support loads and are formulated to improve manufacturing processes and final products for various composite, metal, and plastic assemblies. With the growing construction activities worldwide, the demand for structural adhesives is projected to increase during the forecasted period.
The Asia-Pacific region is projected to dominate the Structural Adhesives market. High population, economic growth, and surged industrial output in India, China, and Southeast Asia are important growth factors for this market. The primary need for structural adhesive in the Asia Pacific from infrastructure, marine, automotive, and truck and bus application sectors. Surging waterproofing and sealing joints in construction industries further drive demand for the structural adhesives market. Automotive parts bonded with epoxy-based structural adhesives help absorb high-impact energy at different varying temperatures. In addition, the crash test is widely adopted in the automotive sector to ensure the safety of passengers during crashes. Structural adhesives are proven to enhance the crashworthiness of cars and other passenger vehicles. Other advantages of structural adhesives include improved strength, flexibility, and curing. These are the major structural adhesives market growth factors. Structural adhesives provide uniform load distribution over the entire bond and minimize stress concentrations. They also reduce the need for drilling, which may damage the materials. Structural adhesives provide a seal against moisture intrusion, thus reducing the potential for galvanic corrosion. Thus, due to these benefits, structural adhesives can replace welding, bolts, screws, spot welding, and other traditional attachments in various industrial applications due to their high strength and exceptional durability during the forecast period. Strong bonding between dissimilar materials and improved appearance due to hidden bond lines augments the growth of the structural adhesives market. Epoxy-based structural adhesive offers good environmental and thermal resistance, maintaining high cohesive bond strength and toughness. Excellent adhesion to glass and metal grows the demand for epoxy-based structural adhesives for glass attachments, enclosures, friction pads, bonding side panels, and flooring materials in trucks and cars. Epoxy structural adhesives eliminate the need to drill holes and provide benefits over traditional mechanical attachment techniques such as welds, rivets, screws, spot welds, and bolts.
The Global Structural Adhesives market is partially consolidated. Major companies in the market were Henkel AG & Co., Sika AG, 3M, The Dow Chemical Company, and Arkema.
Scott Bader launched Crestabond M7-04 In 2020. It is a structural adhesive that is specially designed and hardened for thermoplastics, bonding composites, and metals.
Permabond launched two new modified epoxy-based adhesive products, MT382 and MT3821. These are useful for bonding various substrates, including nylon, polycarbonate, and various metals, in different End-User industries.
Also, H.B. Fuller opened its new "Automotive Competency Center" in Mannheim, Germany. This center expands H.B. Fuller's capability to develop and manufacture adhesive technologies for automotive trim, structural, electronics, and electric vehicle and battery applications.
Global Structural Adhesives Market report provides deep insight into the Structural Adhesives market's current and future state across various regions. The study comprehensively analyzes the Structural Adhesives market by segmenting based on Resin-Type (Epoxy, Cyanoacrylate, Acrylic, Polyurethane, and Other Resin types), End-user Industry (Automotive, Transportation, Aerospace, Construction, Wind and Marine Energy, and Other End-user Industries), and Geography (Europe, Asia-Pacific, North America, South America, and Middle-East & Africa). The report examines the market drivers and restraints that influence growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with major companies' profiles, including their market shares and projects.
Global Structural Adhesives Market, in USD Million, 2017-2027
Epoxy – Structural Adhesives Market, in USD Million, 2017-2027
Cyanoacrylate – Structural Adhesives Market, in USD Million, 2017-2027
Acrylic – Structural Adhesives Market, in USD Million, 2017-2027
Polyurethane – Structural Adhesives Market, in USD Million, 2017-2027
Other Resin-Types– Structural Adhesives Market, in USD Million, 2017-2027
Transportation– Structural Adhesives Market, in USD Million, 2017-2027
Automotive– Structural Adhesives Market, in USD Million, 2017-2027
Aerospace – Structural Adhesives Market, in USD Million, 2017-2027
Construction – Structural Adhesives Market, in USD Million, 2017-2027
Wind and Marine Energy – Structural Adhesives Market, in USD Million, 2017-2027
Other End-user Industries – Structural Adhesives Market, in USD Million, 2017-2027
North America - Structural Adhesives Market, in USD Million, 2017-2027
Europe – Structural Adhesives Market, in USD Million, 2017-2027
Asia-Pacific - Structural Adhesives Market, in USD Million, 2017-2027
South America - Structural Adhesives Market, in USD Million, 2017-2027
Middle East & Africa - Structural Adhesives Market, in USD Million, 2017-2027
Structural Adhesives - Market Share of Key Companies in 2019
Other Supporting Charts
Construction Industry Growth Data, 2013-2019
Automotive Industry Growth Data, 2013-2019