Global engineering adhesives market is segmented into product,
application and geographical regions. Adhesive a material used for joining two
or more surfaces. Functionally, an adhesive wets the two surfaces, that binds
the surfaces mounts and maintains strength after application. Engineering
adhesives are one type of adhesive that are broadly used to integrate and seal
parts of automobiles, electric appliances, electronics, office equipment,
medical equipment, building materials, furniture, rolling stocks, optical
equipment, and glass ceramics. Hence, such adhesives are generally made up of
acrylics, epoxies, and urethanes.
Based on epoxy, polyurethane, acrylic, and the other
technologies, engineering adhesives are used to bond materials such as steel,
aluminum, engineering plastics, and composites as a substitution for
traditional joining techniques. Main types of engineering adhesives are epoxy
(one part, two part, and films), acrylic, anaerobic, cyanoacrylate, urethane,
and silicone. Engineering adhesives add to high market size of the global
market for adhesives. The market segment is predicted to broaden at a higher
rate considerably above the average growth rate of the adhesives industry. The
market size is characterized by technology formulations that give high-value
solutions to meet specific customer requirements.
Adhesives are used in various industries such as automobiles,
aerospace, rail transport, electronics and communication, electric appliances,
construction, telecom, consumer goods, marine and off-shore operations, and
furniture. These adhesives provide uniform distribution of weight as compared
to fasteners or welded joints.
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Engineering Adhesives Market size is segmented by product
into outlook epoxies, polyurethanes, cyanoacrylates and methacrylates.
Development of polyurethane adhesives from microbial processes and fermentation
is expected to create new avenues for industry participants. They have been
gaining wide popularity owing to properties such as high strength, rigid bonds,
and high viscosity and are formulated based on diverse chemistries with natural
or synthetic nature.
Natural raw materials include organic sources such as natural
resins, vegetables starch or dextrin, animal hides, and the other materials.
Polyurethane adhesives are extensively worn to bond dissimilar materials such
as plastics-metals, metal-wood, and wood-plastic. The other product segments
analyzed in the report include epoxies, cyanoacrylates, and methacrylates among
niche segments such as anaerobic and silicone adhesives.
Engineering Adhesives Market size is segmented by application
into Transportation, Construction, Consumer Goods, Electrical &
Electronics, Paints & Coatings, Sports & Leisure, Wind Energy and
Others. Rising plastic demand for automotive component fabrication along with
the high requirement for superior metal-plastic bonding is expected to drive
the segment growth. Adhesion products are used in a wide assortment of field
vehicles such as cargo, horse trailers, truck boxes, and emergency
vehicles.Engineering Adhesives Market geographically spans North America, U.S.,
Canada, Mexico, Europe, England, Germany, Denmark, Asia Pacific, China, India,
Japan, Korea, Central & South America, Brazil and Middle East & Africa.
Growing industrial output, high economics, and population
growth in rising economies of China, India, and Southeast Asia have driven
developed and construction industries’ growth in the region. This has led to
market growth for adhesion products with application specific properties.
Consumers’ preference for flame retardancy, high collision strength, corrosion
confrontation, and UV resistance is also expected to impact the trends in the
region, predominantly due to increasing awareness concerning specialty
products.
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