888-776-0942 from 8 AM - 10 PM ET
ALBANY , N.Y. , May 24, 2022 /PRNewswire/ -- The value of global structural adhesives market stood at US$ 12.2 Bn in 2021. The market is estimated to rise at a CAGR of 6.9% during the forecast period, from 2022 to 2031. The global structural adhesives market is estimated to attain valuation of US$ 22.1 Bn by 2031. Structural adhesives can survive abrupt pressure fluctuations or chemical exposure whilst maintaining substrate integrity. As a result, all firms are conducting considerable R&D to develop structural adhesive formulations in order to retain substrate qualities. In addition to the automobile sector, structural adhesives are important in the aerospace industry for bonding composite-to-composite parts, metal-to-composite, and metal-to-metal.
The global structural adhesives market is expected to grow significantly from 2022 to 2031, due to structural adhesives' beneficial features, particularly in automotive as well as building & construction sectors. Within design constraints, these adhesives can convey structural stress without compromising structural integrity.
Get PDF Brochure for More Insights – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=60810
For several years, stakeholders in the automotive sector have used riveting, welding, fasteners, and other processes to perform their commercial activities. In order to build sturdy end-use products with multi-substrates, structural adhesives are appearing as a possible alternative to these traditional approaches. Structural adhesives not only come sturdier, but they also have a number of advantages over previous techniques, such as being more cost-effective, making the production process for autos go much faster, and requiring less talent to utilize.
In 2021, Asia Pacific accounted for roughly 34% of the global structural adhesives market. Due to high usage of urethane products, the region commands a significant share of the market. The regional market is also fueled by increasing demand from the wind energy and automotive industries, which represent around 8% and 39% of total consumption, accordingly.
Get Covid 19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=60810
Key Findings of Market Report
Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60810
Global Structural Adhesives Market: Growth Drivers
Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=60810
Global Structural Adhesives Market: Key Players
Some of the key market players are
Global Structural Adhesives Market: Segmentation
Chemicals & Materials Resources Industry battles Tangible Impact of Economic and Cultural changes, Explore Transparency Market Research's award-winning coverage of the global Chemicals & Materials:
Fire-resistant Coatings Market - https://www.transparencymarketresearch.com/fire-resistant-coatings-market.html
Consumer Foam Market - https://www.transparencymarketresearch.com/consumer-foam-market.html
Transparency Market Research is a global market intelligence company providing market research reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact Rohit Bhisey Transparency Market Research State Tower 90 State Street Suite 700 Albany, NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com
More news releases in similar topics
Cision Distribution 888-776-0942 from 8 AM - 9 PM ET