Composite Adhesives Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

An adhesive is an amalgam that sticks two items together. The use of adhesives offer edges over some binding techniques like sewing, mechanical fastening and thermal bonding. Adhesive tapes, glue and sticky tac are some common examples. A composite is a substance made from two or more constituent materials with different chemical and physical properties. The materials, in turn, produce a new material having some features different from that of the individual components. The composite adhesive is a substance used for binding, joining and attaching composites to themselves or to different substrates. These adhesives are available in various forms such as liquid, paste and film. Composite adhesive proffers high mechanical strength and excellent performance when exposed to extreme conditions.

MARKET DYNAMICS

Composite adhesives are light in weight and therefore are employed in rotor blades. Demand for composite adhesives is increasing due to its increased usage in wind energy production. The growing popularity of these composite adhesives owing to their low cost, high strength to weight ratio and easy fabrication is also a factor driving the growth of the composite adhesives market. However, strict environmental regulations by the government are restraining the growth of the market. Accountability of people toward environment conservation is fuelling the demand for low carbon emitting vehicles. This factor will lead to expansion of the composite adhesives market in the years to come.

MARKET SCOPE

The "Global Composite Adhesives Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the composite adhesives market with detailed market segmentation by component, resin, application and geography. The global composite adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading composite adhesives players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global composite adhesives market is segmented on the basis of component, resin, application and geography. On the basis of component the market classify into one component and two component. The market on the basis of resin is broken into epoxy, polyurethane, acrylic, polyimide, phenolic and others. As per application, the market is bifurcated into automotive & transportation, aerospace, wund energy, marine and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The composite adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the composite adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the composite adhesives market in these regions.

MARKET PLAYERS

The reports cover key developments in the composite adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from composite adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for composite adhesives in the global market. Below mentioned is the list of few companies engaged in the composite adhesives market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the composite adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.

• Ashland Inc.
• Dymax Corporation
• Henkel AG & Co. KGaA
• Hernon Manufacturing, Inc.
• Huntsman Corporation
• Lord Corporation
• Loxeal Engineering Adhesives
• Master Bond Inc.
• Parson Adhesives India Pvt. Ltd.
• Scott Bader Company Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Composite Adhesives Report Scope