South America Cyanoacrylate Adhesives Market - Segmented by Type, End-user Industry, and Geography - Trends and Forecasts (2015-2020)
The South America Cyanoacrylate Adhesives Market was valued at USD XX.XX billion in 2015 and is projected to reach USD XX billion by 2020, at a CAGR of XX.XX% during the forecast period from 2015 to 2020. Cyanoacrylate Adhesives or super glues, are solvent free, one-part acrylate adhesives, which cure immediately on contact with the mated surfaces via a reaction with surface moisture or when compressed into thin films between two substrates. The industrial cyanoacrylate (also known as instant adhesives) are high strength adhesives, which can easily bond two dissimilar materials such as rubber, plastic, and rubber. These adhesives are differentiated on the basis of usage purpose, such as toughened adhesives, thermal resistance adhesives, general purpose adhesives, flexible adhesives, low odor adhesives, and light-cure adhesives.
Cyanoacrylate Adhesives, owing to their rapidly curing speed, fast fixturing time, glossy finish, solvent-free nature, and excellent bond strength in tensile and sheer mode, is becoming an integral part of various commercial and industrial sectors. In the South America Cyanoacrylate Adhesives Market report, we have taken the following major end-user industry into consideration: Automotive, Footwear and Leather, Furniture, Consumer Goods, Healthcare, Electronics, and Others.
This market is driven by a number of factors, such as dynamic economic development in Brazil, and growing electronics industry. However, this market faces certain drawbacks, such as stringent environmental regulations (owing to their toxic nature) and hazardous to humans. These factors may act as a roadblock to the growth of the market.
The South America Cyanoacrylate Adhesives Market, on the basis of type can be broadly segmented into Alkoxy Ethyl based, Ethyl Ester based, Methyl Ester based, and others. The market has also been geographically segmented into the Brazil, Argentina, Chile, and Rest of South America. In terms of consumption in 2015, Brazil led the market with a share of XX.XX%.
Furthermore, rising standard of living of consumers is increasing the demand for home furniture, which in turn will offer numerous opportunities in the growth of the South America Cyanoacrylate Adhesives Market. Some of the major companies dominating this market for its products, services, and continuous product developments are 3M, Master Bond Inc., Henkel AG & Co. KGaA, Permabond Engineering Adhesives Ltd, and Sika Corp.
Key Deliverables in the Study
Market analysis for the South America Cyanoacrylate Adhesives Market, with region specific assessments and competition analysis on global and regional scales Market definition along with the identification of key drivers and restraints Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale Extensively researched competitive landscape section with profiles of major companies along with their market shares Identification and analysis of the macro and micro factors that affect the South America Cyanoacrylate Adhesives Market on both global and regional scales A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
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