Structural Adhesives Market Size, Industry Trends, Historical Data, Growth Analysis Forecast to 2032

The global Structural Adhesives market size accrued earnings worth approximately USD 20.86 Billion in 2023 and is predicted to gain revenue of about USD 35.54 Billion by 2032, is set to record a CAGR of nearly 6.10% over the period from 2024 to 2032.

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The global structural adhesives market is anticipated to be significantly influenced by the expansion of the construction industry on a global scale in the future. The structural adhesives market is expected to experience further growth in the coming years due to the increasing number of infrastructural redevelopment projects and the growing number of construction activities in numerous regions. Additionally, it is anticipated that the demand for structural adhesives will increase in addition to the demand for lightweight vehicles. Expected to increase the demand for structural adhesives in the years ahead is the growing production of lightweight electric vehicles.

Nevertheless, the global structural adhesives market may be constrained in the future by the strict regulations that several governments worldwide have implemented regarding the manufacturing and utilisation of structural adhesives. Numerous adhesives exhibit distinct properties and demonstrate variations in their characteristics.

In recent years, there has been a significant increase in the demand for structural adhesives that are environmentally friendly and non-hazardous, with a minimal or nonexistent ecological impact. This demand is anticipated to create new growth opportunities for the major players in the global structural adhesives market.

A company market share analysis is included in the report to provide a more comprehensive picture of the major market participants. Furthermore, the report addresses major strategic developments in the market, such as acquisitions and mergers, new product launches, agreements, partnerships, collaborations and joint ventures, research and development, product, and regional expansion of major participants on a global and regional scale. Additionally, the research examines the product portfolios of numerous organisations.

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The Global Structural Adhesives Market is segmented based on product, application and region

Global Structural Adhesives Market: Product Segment Analysis

● Epoxy
● Polyurethane
● Acrylic
● Methyl Methacrylate
● Cyanoacrylate
● Others

Global Structural Adhesives Market: Application Segment Analysis

● Automotive
● Marine
● Energy
● Transportation
● Aerospace
● Building and Construction
● Electronic Components
● Others

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The global Structural Adhesives market profiles key players such as:

● Henkel AG & Co. KGaA
● Sika AG
● 3M
● The Dow Chemical Company
● Huntsman International LLC
● Illinois Tool Works Inc
● Bostik
● H.B. Fuller
● Ashland
● Lord Corporation
● Mapei S.P.A

The global structural adhesives market is segmented in five regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. In 2023, the Asia Pacific region was the largest market for structural adhesives in terms of both revenue and volume. It is anticipated that the North American structural adhesives market will experience a significant rate of growth during the forecast period, as the region’s robust construction industry is a significant consumer of structural adhesives.

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