Research and Markets: Global Structural Adhesive (Acrylic, Cyanoacrylates, Epoxy, Methylacrylate, Polyurethane, and Others) Market 2015 – Global Forecasts to 2020
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/bsm4pq/structural) has announced the addition of the “Structural Adhesive Market by Type, by Application – Global Forecasts to 2020” report to their offering.
The global market value of structural adhesive was estimated to be about $24.20 billion in 2020 and is projected to grow at a CAGR 7.71% between 2015 and 2020. The data mentioned in the report are based on the global demand for structural adhesive.
The structural adhesive market has been analyzed based on the Porter’s five forces model. This gives an idea about the current proceedings in the industry at commercial level. The study provides the value chain analysis with respect to the technology providers, structural adhesive producers, chemical manufacturers, and end- user industries. The value chain describes the key contributors to the structural adhesive market at different stages from product development to end use. It represents the top players which are contributing to the global structural adhesive industry.
The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as government regulatory support, public awareness, application growth for structural adhesive in Asia- Pacific especially in China and India where there is robust growth in the wind, aerospace, and automotive followed bybus & truck industry. The economic slowdown in Europe and U.S. also affected the economy of other developed countries and the price volatility of the adhesive in the past made the market more strained for the structural applications.
The global structural adhesive market is also classified based on different applications. The important applications include automotive, aerospace, building & construction, marine, rail, wind, and truck & bus. The wind, automotive, and aerospacel applications are expected to show excellent growth in the future due to the urbanization and growing government initatives.
The key companies in this market are 3M Co. (U.S.), Ashland (U.S.), Dow (U.S.), Lord Corporation (U.S.), HUBEI HUITIAN ADHESIVE ENTERPRISE CO. (China), Henkel (Germany), ITW (U.S.), SIKA (Switzerland), Scott Bader (England), Arkema (France), and others.
These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. New product development and acquisitions were the most preferred strategies by the top players in 2014 that were driving the demand of structural adhesive. Their strategy to capture the untapped market in developing economies includes expansion, partnership and investments.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Structural Adhesives Market, By Type
8 Structural Adhesives Market, By Application
9 Structural Adhesives Market, By Region
10 Competitive Landscape
11 Company Profiles
3M Co. (U.S.)
Lord Corporation (U.S.)
Hubei Huitian Adhesive Enterprise Co. (China)
Scott Bader (England)
For more information visit http://www.researchandmarkets.com/research/bsm4pq/structural
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