
Epoxy Adhesives Market - Global Outlook & Forecast 2022-2027
Description
Epoxy Adhesives Market - Global Outlook & Forecast 2022-2027
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Epoxy Adhesives Market Report
The epoxy adhesive market size was valued at USD 8,472.08 million in 2021 and is expected to reach USD 11,565.32 million by 2027, growing at a CAGR of 5.32 % during the forecast period.
The demand for epoxy adhesives is increasing at a fast pace across all sectors. Construction and automotive are the two major end-users in epoxy adhesives. The prominent reasons for the broad acceptance of epoxy adhesive in this diverse market are due to their outstanding physical properties such as resistance to corrosion and chemicals, releases no volatiles during curing, compatible with numerous surfaces such as metal, plastic, wood, and ceramic, and offers high durability & strength. Despite its performance capabilities, ease of use is also the prime reason driving the global epoxy adhesives market demand.
The following factors are likely to contribute to the growth of the epoxy adhesive market-
The epoxy adhesive market report includes a detailed segmentation by-
Canada
Mexico
Argentina
Colombia
Russia
France
Italy
Turkey
UK
Poland
Spain
Sweden
UAE
South Africa
Japan
India
South Korea
Indonesia
Australia
VENDOR LANDSCAPE
1. What is the market size of the epoxy adhesive market?
2. What are the latest trends in the epoxy adhesives market?
3. Who are the key players in the epoxy adhesive industry?
4. Which region has the highest share in the global epoxy resins market?
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Epoxy Adhesives Market Report
The epoxy adhesive market size was valued at USD 8,472.08 million in 2021 and is expected to reach USD 11,565.32 million by 2027, growing at a CAGR of 5.32 % during the forecast period.
The demand for epoxy adhesives is increasing at a fast pace across all sectors. Construction and automotive are the two major end-users in epoxy adhesives. The prominent reasons for the broad acceptance of epoxy adhesive in this diverse market are due to their outstanding physical properties such as resistance to corrosion and chemicals, releases no volatiles during curing, compatible with numerous surfaces such as metal, plastic, wood, and ceramic, and offers high durability & strength. Despite its performance capabilities, ease of use is also the prime reason driving the global epoxy adhesives market demand.
The following factors are likely to contribute to the growth of the epoxy adhesive market-
- Increasing Spending on Building & Construction
- Rising Home Improvement Activity
- Increasing Demand for Bio-based Epoxy Adhesive
- Growing Demand from Aerospace Industry
- Epoxy Adhesive Replacing Mechanical Fasteners
- Increasing Demand from Consumer Electronics Industry
- According to a report by the Joint Center of Housing Studies of Harvard University, boomers are expected to account for 56% of all residential remodeling spending by 2025, increasing 31% from 2025. This factor will drive the demand for epoxy adhesives in the construction sector.
- Sustainable development has become one of the prime objectives in the manufacturing sector. As a result, the demand for bio-based polymers such as cellulose, starch, protein, or lignin is increasing as a replacement for petroleum-based adhesives.
The epoxy adhesive market report includes a detailed segmentation by-
- Type
- Distribution channel
- End-Use
- Geography
- One-component epoxy adhesive is being used in place of brazing joints or wielding, thus, reducing the manpower cost and the threat associated with t labor-intensive welding process. Therefore, it is one of the major reasons for the increasing use of one-component epoxy adhesive in the adhesive industry.
- The penetration of offline mode is high compared to online. Moving forward, the online channel of distribution is expected to grow faster due to the increasing digitalization in the chemical industry. Due to increasing technological adoption and internet availability, vendors promote and sell their products via online distribution channels.
- One-Component
- Two-Component
- Online
- Offline
- Building & Construction
- Automotive & Transportation
- Aerospace
- Semiconductor
- Electrical & Electronics
- Wind Energy
- Others
- North America: The electronics industry will be one of the fastest-growing segments in the region amongst all the major end-user industries. This is due to the rise in demand for various electronic devices, the onset of 5G technology, smartphones, healthcare and lifestyle devices, electric cars, etc.
- Latin America: In Latin America, in 2021, around 228 properties are under construction, over 106 hotels are likely to be completed by 2022, and another 55 hotel projects are in the pipeline for 2023. So, with the existing opportunities in the construction industry, the market for epoxy adhesive will rise in the region in the forecast period.
- North America
Canada
- Latin America
Mexico
Argentina
Colombia
- Europe
Russia
France
Italy
Turkey
UK
Poland
Spain
Sweden
- Middle East & Africa
UAE
South Africa
- APAC
Japan
India
South Korea
Indonesia
Australia
VENDOR LANDSCAPE
- The key players in the epoxy adhesive market are Henkel, B. Fuller, 3M, Sika, and Permabond.
- Companies must enter collaborative partnerships as a key strategy to ensure a sustainable presence in the market. Such associations or acquisitions will ensure mutual transfer of technologies and delivery of a better product.
- Henkel acquired Aislantes Nicionales and Unión Técnico Comercial SRL in 2019. The company is looking forward to expanding its operations to all parts of Latin America and exploring its market scope.
- Henkel
- H.B. Fuller
- 3M
- Sika AG
- Permabond
- Pidilite Industries
- ITW
- Ashland Global Speciality Chemicals
- Delo Industrial Adhesives
- Huntsman International LLC
- Parson adhesive
- Dymax
- Flamemaster Corporation
- Permatex
- Master Bond
- Solvay Chemicals
- Beacon adhesives
- Jowat
- Hernon Manufacturing
1. What is the market size of the epoxy adhesive market?
2. What are the latest trends in the epoxy adhesives market?
3. Who are the key players in the epoxy adhesive industry?
4. Which region has the highest share in the global epoxy resins market?
Table of Contents
268 Pages
- 1 Research Methodology
- 2 Research Objectives
- 3 Research Process
- 4 Scope & Coverage
- 4.1 Market Definition
- 4.1.1 Inclusions
- 4.1.2 Exclusions
- 4.1.3 Market Estimation Caveats
- 4.2 Base Year
- 4.3 Scope Of The Study
- 4.3.1 Market Segmentation By Geography
- 5 Report Assumptions & Caveats
- 5.1 Key Caveats
- 5.2 Currency Conversion
- 5.3 Market Derivation
- 6 Market at a Glance
- 7 Introduction
- 7.1 Overview
- 7.1.1 Key Insights
- 7.2 New Product Development
- 7.3 Covid-19 Impact
- 8 Frequently Asked Questions
- 8.1 How Will The Epoxy Adhesives Market Perform In The Coming Years?
- 8.2 What Are The Major Factors Driving The Demand For Epoxy Adhesives?
- 8.3 What Is The Most Profitable & Preferred Epoxy Adhesive Type?
- 8.4 Which End-User Segment Generates The Highest Revenue For Epoxy Adhesive Vendors?
- 8.5 Which Is The Largest Regional Market For Epoxy Adhesives?
- 8.6 WhAre The Major Players Operating In The Epoxy Adhesives Market?
- 9 Growth Opportunity By Segment
- 9.1 Type
- 9.2 Distribution Channel
- 9.3 End-User
- 9.4 Geography
- 10 Market Opportunities & Trends
- 10.1 Increasing Spending On Building & Construction
- 10.2 Rising Home Renovation Activities
- 10.3 Increasing Demand For Bio-Based Epoxy Adhesives
- 11 Market Growth Enablers
- 11.1 Growing Demand From Aerospace Industry
- 11.2 Epoxy Adhesives Replacing Mechanical Fasteners
- 11.3 Increasing Demand From Consumer Electronics Industry
- 12 Market Growth Restraints
- 12.1 Volatility In Raw Material Prices
- 12.2 Variability In End-User
- 12.3 Increasing Competition From Acrylic Adhesives
- 13 Market Landscape
- 13.1 Market Overview
- 13.2 Geographic Landscape
- 13.2.1 North America: Key Insights
- 13.2.2 APAC: Key Insights
- 13.2.3 Europe: Key Insights
- 13.2.4 Latin America: Key Insights
- 13.2.5 Middle East & Africa: Key Insights
- 13.3 Market Size & Forecast
- 13.4 Five Forces Analysis
- 13.4.1 Threat Of New Entrants
- 13.4.2 Bargaining Power Of Suppliers
- 13.4.3 Bargaining Power Of Buyers
- 13.4.4 Threat Of Substitutes
- 13.4.5 Competitive Rivalry
- 14 Epoxy Adhesive Type
- 14.1 Market Snapshot & Growth Engine
- 14.2 Market Overview
- 14.3 One-Component
- 14.3.1 Market Overview
- 14.3.2 Market Size & Forecast
- 14.3.3 Market By Geography
- 14.4 Two-Component
- 14.4.1 Market Overview
- 14.4.2 Market Size & Forecast
- 14.4.3 Market By Geography
- 15 Distribution Channel
- 15.1 Market Snapshot & Growth Engine
- 15.2 Market Overview
- 15.3 Online
- 15.3.1 Market Overview
- 15.3.2 Market Size & Forecast
- 15.3.3 Market By Geography
- 15.4 Offline
- 15.4.1 Market Overview
- 15.4.2 Market Size & Forecast
- 15.4.3 Market By Geography
- 16 End-User
- 16.1 Market Snapshot & Growth Engine
- 16.3 Market Overview
- 16.4 Building & Construction
- 16.4.1 Market Overview
- 16.4.2 Key Drivers
- 16.4.3 Key Insights
- 16.4.4 Market Size & Forecast
- 16.4.5 Market By Geography
- 16.5 Automotive & Transportation
- 16.5.1 Market Overview
- 16.5.2 Key Insights
- 16.5.3 Market Size & Forecast
- 16.5.4 Market By Geography
- 16.6 Aerospace
- 16.6.1 Market Overview
- 16.6.2 Key Insights
- 16.6.3 Market Size & Forecast
- 16.6.4 Market By Geography
- 16.7 Semiconductor
- 16.7.1 Market Overview
- 16.7.2 Market Size & Forecast
- 16.7.3 Market By Geography
- 16.8 Electrical & Electronics
- 16.8.1 Market Overview
- 16.8.2 Market Size & Forecast
- 16.8.3 Market By Geography
- 16.9 Wind Energy
- 16.9.1 Market Overview
- 16.9.2 Market Size & Forecast
- 16.9.3 Market By Geography
- 16.10 Others
- 16.10.1 Market Overview
- 16.10.2 Market Size & Forecast
- 16.10.3 Market By Geography
- 17 Geography
- 17.1 Market Snapshot & Growth Engine
- 17.2 Geographic Overview
- 18 North America
- 18.1 Market Overview
- 18.2 Market Size & Forecast
- 18.3 Type
- 18.3.1 Market Size & Forecast
- 18.4 End-User
- 18.4.1 Market Size & Forecast
- 18.5 Distribution Channel
- 18.5.1 Market Size & Forecast
- 18.6 Key Countries
- 18.6.1 US: Market Size & Forecast
- 18.6.2 Canada: Market Size & Forecast
- 19 Latin America
- 19.1 Market Overview
- 19.2 Market Size & Forecast
- 19.3 Type
- 19.3.1 Market Size & Forecast
- 19.4 End-User
- 19.4.1 Market Size & Forecast
- 19.5 Distribution Channel
- 19.5.1 Market Size & Forecast
- 19.6 Key Countries
- 19.6.1 Brazil: Market Size & Forecast
- 19.6.2 Mexico: Market Size & Forecast
- 19.6.3 Colombia: Market Size & Forecast
- 19.6.4 Argentina: Market Size & Forecast
- 20 Europe
- 20.1 Market Overview
- 20.2 Market Size & Forecast
- 20.3 Type
- 20.3.1 Market Size & Forecast
- 20.4 End-User
- 20.4.1 Market Size & Forecast
- 20.5 Distribution Channel
- 20.5.1 Market Size & Forecast
- 20.6 Key Countries
- 20.6.1 Germany: Market Size & Forecast
- 20.6.2 UK: Market Size & Forecast
- 20.6.3 France: Market Size & Forecast
- 20.6.4 Italy: Market Size & Forecast
- 20.6.5 Spain: Market Size & Forecast
- 20.6.6 Russia: Market Size & Forecast
- 20.6.7 Turkey: Market Size & Forecast
- 20.6.8 Sweden: Market Size & Forecast
- 20.6.9 Poland: Market Size& Forecast
- 21 Middle East & Africa
- 21.1 Market Overview
- 21.2 Market Size & Forecast
- 21.3 Type
- 21.3.1 Market Size & Forecast
- 21.4 End-User
- 21.4.1 Market Size & Forecast
- 21.5 Distribution Channel
- 21.5.1 Market Size & Forecast
- 21.6 Key Countries
- 21.6.1 Saudi Arabia: Market Size & Forecast
- 21.6.2 UAE: Market Size & Forecast
- 21.6.3 South Africa: Market Size & Forecast
- 22 APAC
- 22.1 Market Overview
- 22.2 Market Size & Forecast
- 22.3 Type
- 22.3.1 Market Size & Forecast
- 22.4 End-User
- 22.4.1 Market Size & Forecast
- 22.5 Distribution Channel
- 22.5.1 Market Size & Forecast
- 22.6 Key Countries
- 22.6.1 China: Market Size & Forecast
- 22.6.2 Japan: Market Size & Forecast
- 22.6.3 South Korea: Market Size & Forecast
- 22.6.4 India: Market Size & Forecast
- 22.6.5 Indonesia: Market Size & Forecast
- 22.6.6 Australia: Market Size & Forecast
- 23 Competitive Landscape
- 23.1 Competition Overview
- 24 Key Company Profiles
- 24.1 HENKEL
- 24.1.1 Business Overview
- 24.1.2 Product Offerings
- 24.1.3 Key Strategies
- 24.1.4 Key Strengths
- 24.1.5 Key Opportunities
- 24.2 H.B. FULLER
- 24.2.1 Business Overview
- 24.2.2 Product Offerings
- 24.2.3 Key Strategies
- 24.2.4 Key Strengths
- 24.2.5 Key Opportunities
- 24.3 3M
- 24.3.1 Business Overview
- 24.3.2 Product Offerings
- 24.3.3 Key Strategies
- 24.3.4 Key Strengths
- 24.3.5 Key Opportunities
- 24.4 SIKA
- 24.4.1 Business Overview
- 24.4.2 Product Offerings
- 24.4.3 Key Strategies
- 24.4.4 Key Strengths
- 24.4.5 Key Opportunities
- 24.5 PERMABOND
- 24.5.1 Business Overview
- 24.5.2 Product Offerings
- 24.5.3 Key Strategies
- 24.5.4 Key Strengths
- 24.5.5 Key Opportunities
- 25 Other Prominent Vendors
- 25.1 PIDILITE INDUSTRIES
- 25.1.1 Business Overview
- 25.1.2 Product Offerings
- 25.2 ITW
- 25.2.1 Business Overview
- 25.2.2 Product Offerings
- 25.3 Ashland
- 25.3.1 Business Overview
- 25.3.2 Product Offerings
- 25.4 DELO
- 25.4.1 Business Overview
- 25.4.2 Product Offerings
- 25.5 HUNTSMAN INTERNATIONAL LLC
- 25.5.1 Business Overview
- 25.5.2 Product Offerings
- 25.6 PARSON ADHESIVES
- 25.6.1 Business Overview
- 25.6.2 Product Offerings
- 25.7 DYMAX
- 25.7.1 Business Overview
- 25.7.2 Product Offerings
- 25.8 FLAMEMASTER CORPORATION
- 25.8.1 Business Overview
- 25.8.2 Product Offerings
- 25.9 PERMATEX
- 25.9.1 Business Overview
- 25.9.2 Product Offerings
- 25.10 MASTER BOND
- 25.10.1 Business Overview
- 25.10.2 Product Offerings
- 25.11 SOLVAY
- 25.11.1 Business Overview
- 25.11.2 Product Offerings
- 25.12 BEACON ADHESIVES
- 25.12.1 Business Overview
- 25.12.2 Product Offerings
- 25.13 JOWAT
- 25.13.1 Business Overview
- 25.13.2 Product Offerings
- 25.14 HERNON MANUFACTURING
- 25.14.1 Business Overview
- 25.14.2 Product Offerings
- 26 Report Summary
- 26.1 Key Takeaways
- 26.2 Strategic Recommendations
- 27 Quantitative Summary
- 27.1 Market By Type
- 27.1.1 One-Component
- 27.1.2 Two-Component
- 27.2 Distribution Channel
- 27.2.1 Online
- 27.2.2 Offline
- 27.3 End-User
- 27.3.1 Building & Construction
- 27.3.2 Automotive
- 27.3.3 Aerospace
- 27.3.4 Semiconductor
- 27.3.5 Electrical & Electronics
- 27.3.6 Wind Energy
- 27.3.7 Others
- 28 Geography
- 28.1 North America
- 28.1.1 Type
- 28.1.2 End-User
- 28.1.3 Distribution Channel
- 28.2 APAC
- 28.2.1 Type
- 28.2.2 Distribution Channel
- 28.2.3 End-User
- 28.3 Europe
- 28.3.1 Type
- 28.3.2 Distribution Channel
- 28.3.3 End-User
- 28.4 Latin America
- 28.4.1 Type
- 28.4.2 End-User
- 28.4.3 Distribution Channel
- 28.5 Middle East & Africa
- 28.5.1 Type
- 28.5.2 Distribution Channel
- 28.5.3 End-User
- 29 Appendix
- 29.1 Abbreviations
Pricing
Currency Rates
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