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Metal Bonding Adhesives Market by Resin Type, Application, and Region - Global Forecast to 2021

Metal Bonding Adhesives Market: Global Forecast until 2021

  • March 2017
  • 160 pages
  • ID: 4788769
In this report:
Asia-Pacific, North America, and Europe are expected to account for more than ##% share of the market during the forecast period.
According to the World Bank, GDP of Russia in 2013 was USD ##.## trillion by purchasing power parity (PPP), which grew by ##.##% in 2013 from 2012.
In 2015, the share of launched products in the total revenue was ##%, which the company is aiming to increase through strong R&D facilities.

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"The metal bonding adhesives market is estimated to rise at a compound annual growth rate of 6.50 percent from 2016 to 2021, in terms of value significance"

The metal bonding adhesives market was estimated at ~$5.3B in 2015 and is projected to extend ~$7.7B by 2021, at a compound annual growth rate of 6.50 percent from 2016 to 2021. In terms of quantity, the metal bonding adhesives market is forecasted to grow from 1,337.5 KT in 2015 to 1,871.1 KT, by 2021, at a compound annual growth rate of 5.80 percent during the forecast period.

Rise of the metal bonding adhesives market is mainly influenced by the expansion of the automotive, pharmaceutical, mining, and chemical industries. Increasing preference for metal bonding adhesives over traditional bonding techniques including fabrication and mechanical fastening is another significant factor driving the increase of the market. Fluctuation in raw material prices is affecting the value chain, which acts as a main restraint to the rise of the metal bonding adhesives market. Nevertheless, adhesive producers in Europe (EU) and North America including Arkema S.A. and The Dow Chemical Company are shifting their focus on producing bio-based adhesives. The stagnant economic increase of countries in the South American and European regions, which are main revenue pockets for metal bonding adhesives, has negatively impacted the sales of these adhesives.

"Acrylic-based Metal Bonding Adhesives: The quickest-rising resin type segment of the metal bonding adhesives market"

The acrylic-based metal bonding adhesives segment is the quickest-increasing resin type segment of the metal bonding adhesives market, succeeded by epoxy-based metal bonding adhesives. Demand for acrylic adhesives is primarily propelled by their impact strength, excellent adhesion, and excellent bond strength equivalent to that of epoxy-based adhesives. These adhesives are primarily used as anaerobic adhesives in industrial applications.

"Automotive & Transportation: The quickest-rising application segment of the metal bonding adhesives market"

The automotive & transportation segment is the quickest-increasing application segment of the metal bonding adhesives market. Growing usage of metal bonding adhesives that are replacing traditional bonding methods, including fabrication and fastening, is anticipated to drive the increase of the metal bonding adhesives market in the automotive & transportation application segment. These adhesives are increasingly utilized to develop automotive exteriors and body panels of buses and trucks as well as in panel bonding applications.

The industrial segment is the second quickest-rising application segment of the metal bonding adhesives market. Growing demand for metal bonding adhesives in industrial applications including ultracentrifuge rotors, machinery base plates, cooling water pumps, reaction injecting molding machines, cooling water pumps, and industrial pumps is predicted to push the rise of this segment.

"Asia Pacific (APAC): The quickest-increasing regional segment of the metal bonding adhesives market"

The metal bonding adhesives market in the Asia-Pac region is expected to grow at an important compound annual growth rate (CAGR) from 2016 to 2021, both in terms of value importance and quantity. Industrial increase in countries such as india (IN), Vietnam (VN), Indonesia (ID), and Thailand (TH), and rised sector investments in chemicals, petrochemicals, oil & gas, and food & beverages sectors are main factors driving the rise of the Asia-Pacific metal bonding adhesives market. Rise in business investments made by firms in the automotive market, the shift of production facilities to emerging economies, and strong industrial base, are additional factors providing to the increase of the metal bonding adhesives market in the Asia Pacific (APAC) area.

This analysis has been approved through primaries managed with different market experts globally. Those primary sources have been sliced into three class, that is, company category, description, and area.

- By Company Type - Tier 1 - 63.0 percent, Tier 2 - 30.0 percent, and 1/3 3 - 7.0 percent

- By Designation - C Level - 42.0 percent, Director Level - 27.0 percent, and Others - 31.0 percent

- By area - North america (NA) - 10.0 percent, Asia-Pacific - 53.0 percent, South America - 7.0 percent, Europe - 20.0 percent, and Middle East & Africa - 10.0 percent

The market research also offers company analysis and competitive landscape approved by main market actors, including Henkel AG & Co (ETR:HEN), HB Fuller (NYSE:FUL), The 3M Company, Sika (VTX:SIK), Dow Chemical (NYSE:DOW), Arkema S.A. (France (FR).), Solvay S.A.,, LORD Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, and Parson Adhesives, Incorporated, among others.

Segment Research

The industry report includes the metal bonding adhesives market and its applications across various industry verticals and localities. It aims at evaluating the market value and upcoming growth potential of this market across several segments, including resin type and application. Moreover, the study also comprises an detailed competitive review of top actors in the sector, together with their company descriptions, SWOT study, latest developments, and main increase strategies.

Why acquiring this study can help you:

From an insight prospect, this market research has emphasized different levels of analyses - industry study ; market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the metal bonding adhesives market; high-growth areas; and sector drivers, market restraints, and alternatives.

This study furnishes highlights on the following points:

Business entry: Exhaustive information on metal bonding adhesives provided by key players in the metal bonding adhesives market.

Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and recent product launches in the metal bonding adhesives market

Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for metal bonding adhesives across different regions

Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the metal bonding adhesives market

Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the metal bonding adhesives market

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