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Structural Adhesives Market: Large Area Panel Bonding & Other Automotive Applications Prominently Encourage Sales: Global Industry Analysis 2013 - 2017 and Opportunity Assessment, 2018 - 2028

Structural Adhesives Market: Large Area Panel Bonding & Other Automotive Applications Prominently Encourage Sales: Global Industry Analysis 2013 - 2017 and Opportunity Assessment, 2018 - 2028

Automotive & Aerospace Sectors Register Substantial Demand for Structural Adhesives

Besides booming construction and infrastructure industries, stringent regulatory norms set for lightweight automotive components are identified to be driving the demand for structural adhesives worldwide. Increasing use of structural adhesives in aerospace applications for reduced weight and improved bonding will also remain among the key factors impacting the market performance through 2028. Surging volume sales in the wind energy generation industry are foreseen to continue generating demand for structural adhesives, specifically for bonding composites.

The global structural adhesives market is anticipated to cross a value worth US$ 16 Bn by the end of the forecast period. During the projection period 2018-2028, the market is pegged to expand at a promising CAGR of 5.3%.

Polyurethane Adhesives Lead Owing to their Structural Properties & Increasing Applications

Being the toughest and most flexible structural adhesives, polyurethane-based adhesives are anticipated to exhibit substantial demand over the projection period. These adhesives are versatile and most economic, when compared to all other types of structural adhesives. With growing applications in the automotive industry, polyurethane-based adhesives will continue to experience significant demand, especially in large area panel bonding. Epoxy-based adhesives are witnessing high traction in structural bonding applications, and are likely to hold a significant revenue share in the global market for structural adhesives, following polyurethane. Cyanoacrylate adhesives are expected to witness a significant thrust in coming years, as depicted by recent research.

China Will Remain the Investor’s Hotspot due to Aggression among Key Contenders

Stiff competition between the key market players in China and North America will enable both the regions to continue their dominance in the global structural adhesives market, in terms of revenue share. European market will also be a key region through 2028, as indicated by the report. While bolstering growth of automotive and construction sectors is expected to drive growth of North America and Europe, the flourishing electronics sector is likely to fuel growth of Chinese market. China is believed to continue its lead as the top choice among investors. Some of the key players such as Sika AG, Henkel AG & Co. KGaA, Huntsman Corporation, and 3M Company have been concentrating on gaining an expanded value share through higher investment in China.

Emerging Economies Represent Lucrative Markets

While China and North America are currently observed to be accounting for significant market value shares in the global structural adhesives market, the report spots developing economies such as MEA, SEAP, and Latin America as the high-potential regional markets, estimated to open new doors of opportunities for manufacturers in upcoming years. MEA has been recognized as a high-growth low-volume region expected to host multiple opportunities during the forecast period.

Soaring demand for lightweight composites among automakers will play a crucial role in expanding volume sales of structural adhesives in next few years. Aerospace industry will also continue to put forth significant demand for lightweight composites, and eventually for structural adhesives. MEA, especially GCC countries, will reportedly register high sales owing to a widening application base in the transportation sector. GCC is likely to be a high-growth regional market within MEA, whereas Africa will witness relatively lower growth.

Manufacturers are currently switching to the development of bio-based structural adhesives, which is said to be an influencing trend in the industry. Moreover, development of low temperature-cured, water-based variants of structural adhesives is an increasingly adopted trend among manufacturers. The development involving low curing time is also trending among leading companies, leading to innovations and growing demand. Rapid popularity of electric vehicles will also seemingly contribute to structural adhesive sales through 2028.


1. Executive Summary
1.1. Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
2.3. Selection Criteria for Structural Adhesives
2.4. Comparison of Structural Adhesives based on Properties
2.5. Parent Market Overview
3. Market View Point
3.1. Macro-Economic Factors
3.1.1. Global GDP Outlook
3.1.2. Global Chemical Sales
3.1.3. Global Wind Energy Generation Industry Overview
3.1.4. Global Construction Sector Overview
3.1.5. Global PCB Production Overview
3.1.6. Key Facts – Electronics Industry
3.1.7. Global Automotive Industry Overview
4. Market Dynamics
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Trends
5. Forecast Factors – Relevance & Impact
5.1. Forecast Factors Relevance and Impact
5.2. Value Chain
6. Global Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
6.1. Market Volume Projections
6.2. Pricing Analysis
6.3. Market Size Projections
6.3.1. Y-o-Y Projections
6.3.2. Absolute $ Opportunity Analysis Forecast Factors: Relevance and Impact
7. Global Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028 By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size (US$ Mn) and Volume Analysis By Application, 2013 - 2017
7.3. Current Market Size (US$ Mn) and Volume Forecast By Application, 2018 - 2028
7.3.1. Transportation
7.3.1.1. Automotive
7.3.1.2. Aerospace
7.3.1.3. Marine
7.3.2. Building & Construction
7.3.3. Energy
7.3.4. Others
7.4. Key Trends / Developments
7.5. Market Attractiveness Analysis By Application
8. Global Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028 By Product Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Product Type, 2013 - 2017
8.3. Current Market Size (US$ Mn) and Volume Forecast By Product Type, 2018 - 2028
8.3.1. Epoxy-Based
8.3.1.1. One Component
8.3.1.2. Two Component
8.3.2. Acrylic-Based
8.3.3. Polyurethane-Based
8.3.4. Cyanoacrylate
8.3.5. Others
8.4. Key Trends / Developments
8.5. Market Attractiveness Analysis By Product Type
9. Global Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028 By Region
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2013 - 2017
9.3. Current Market Size (US$ Mn) and Volume Forecast By Region, 2018 - 2028
9.3.1. North America
9.3.2. Latin America
9.3.3. Asia Pacific Excluding Japan
9.3.4. Western Europe
9.3.5. Eastern Europe
9.3.6. South East Asia and Pacific
9.3.7. Middle East and Africa
9.3.8. China
9.3.9. Japan
9.4. Market Attractiveness Analysis By Region
10. North America Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
10.1. Introduction
10.2. Key Regulations
10.3. Pricing Analysis
10.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
10.4.1. By Country
10.4.2. By Application
10.4.3. By Product Type
10.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2018 - 2028
10.5.1. U.S.
10.5.2. Canada
10.6. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
10.6.1. Transportation
10.6.1.1. Automotive
10.6.1.2. Aerospace
10.6.1.3. Marine
10.6.2. Building & Construction
10.6.3. Energy
10.6.4. Others
10.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
10.7.1. Epoxy-Based
10.7.1.1. One Component
10.7.1.2. Two Component
10.7.2. Acrylic-Based
10.7.3. Polyurethane-Based
10.7.4. Cyanoacrylate
10.7.5. Others
10.8. Drivers and Restraints: Impact Analysis
10.9. Market Attractiveness Analysis
10.9.1. By Country
10.9.2. By Application
10.9.3. By Product Type
10.10. Key Representative Market Participants
10.11. Market Presence (Intensity Map)
11. Latin America Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
11.1. Introduction
11.2. Key Regulations
11.3. Pricing Analysis
11.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
11.4.1. By Country
11.4.2. By Application
11.4.3. By Product Type
11.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2018 - 2028
11.5.1. Brazil
11.5.1.1. Market Analysis by Application
11.5.1.2. Market Analysis by Product Type
11.5.2. Mexico
11.5.3. Rest of Latin America
11.6. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
11.6.1. Transportation
11.6.1.1. Automotive
11.6.1.2. Aerospace
11.6.1.3. Marine
11.6.2. Building & Construction
11.6.3. Energy
11.6.4. Others
11.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
11.7.1. Epoxy-Based
11.7.1.1. One Component
11.7.1.2. Two Component
11.7.2. Acrylic-Based
11.7.3. Polyurethane-Based
11.7.4. Cyanoacrylate
11.7.5. Others
11.8. Drivers and Restraints: Impact Analysis
11.9. Market Attractiveness Analysis
11.9.1. By Country
11.9.2. By Application
11.9.3. By Product Type
11.10. Key Representative Market Participants
11.11. Market Presence (Intensity Map)
12. South East Asia and Pacific Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
12.1. Introduction
12.2. Key Regulations
12.3. Pricing Analysis
12.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
12.4.1. By Country
12.4.2. By Application
12.4.3. By Product Type
12.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2018 - 2028
12.5.1. China
12.5.2. India
12.5.3. ASEAN
12.5.4. Australia and New Zealand
12.5.5. Rest of APEJ
12.6. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
12.6.1. Transportation
12.6.1.1. Automotive
12.6.1.2. Aerospace
12.6.1.3. Marine
12.6.2. Building & Construction
12.6.3. Energy
12.6.4. Others
12.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
12.7.1. Epoxy-Based
12.7.1.1. One Component
12.7.1.2. Two Component
12.7.2. Acrylic-Based
12.7.3. Polyurethane-Based
12.7.4. Cyanoacrylate
12.7.5. Others
12.8. Drivers and Restraints: Impact Analysis
12.9. Market Attractiveness Analysis
12.9.1. By Country
12.9.2. By Application
12.9.3. By Product Type
12.10. Key Representative Market Participants
12.11. Market Presence (Intensity Map)
13. Western Europe Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
13.1. Introduction
13.2. Key Regulations
13.3. Pricing Analysis
13.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
13.4.1. By Country
13.4.2. By Application
13.4.3. By Product Type
13.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2018 - 2028
13.5.1. Germany
13.5.2. Italy
13.5.3. France
13.5.4. U.K.
13.5.5. Spain
13.5.6. BENELUX
13.5.7. Rest of Western Europe
13.6. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
13.6.1. Transportation
13.6.1.1. Automotive
13.6.1.2. Aerospace
13.6.1.3. Marine
13.6.2. Building & Construction
13.6.3. Energy
13.6.4. Others
13.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
13.7.1. Epoxy-Based
13.7.1.1. One Component
13.7.1.2. Two Component
13.7.2. Acrylic-Based
13.7.3. Polyurethane-Based
13.7.4. Cyanoacrylate
13.7.5. Others
13.8. Drivers and Restraints: Impact Analysis
13.9. Market Attractiveness Analysis
13.9.1. By Country
13.9.2. By Application
13.9.3. By Product Type
13.10. Key Representative Market Participants
13.11. Market Presence (Intensity Map)
14. Eastern Europe Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
14.1. Introduction
14.2. Key Regulations
14.3. Pricing Analysis
14.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
14.4.1. By Country
14.4.2. By Application
14.4.3. By Product Type
14.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2018 - 2028
14.5.1. Russia
14.5.2. Poland
14.5.3. Rest of Eastern Europe
14.6. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
14.6.1. Transportation
14.6.1.1. Automotive
14.6.1.2. Aerospace
14.6.1.3. Marine
14.6.2. Building & Construction
14.6.3. Energy
14.6.4. Others
14.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
14.7.1. Epoxy-Based
14.7.1.1. One Component
14.7.1.2. Two Component
14.7.2. Acrylic-Based
14.7.3. Polyurethane-Based
14.7.4. Cyanoacrylate
14.7.5. Others
14.8. Drivers and Restraints: Impact Analysis
14.9. Market Attractiveness Analysis
14.9.1. By Country
14.9.2. By Application
14.9.3. By Product Type
14.10. Key Representative Market Participants
14.11. Market Presence (Intensity Map)
15. Middle East and Africa Structural Adhesives Market Analysis 2013–2017 and Forecast 2018–2028
15.1. Introduction
15.2. Key Regulations
15.3. Pricing Analysis
15.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
15.4.1. By Country
15.4.2. By Application
15.4.3. By Product Type
15.5. Current Market Size (US$ Mn) and Volume Forecast By Country 2018 - 2028
15.5.1. Gulf Co-Operation Council (GCC) Countries
15.5.2. South Africa
15.5.3. Rest of MEA
15.6. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
15.6.1. Transportation
15.6.1.1. Automotive
15.6.1.2. Aerospace
15.6.1.3. Marine
15.6.2. Building & Construction
15.6.3. Energy
15.6.4. Others
15.7. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
15.7.1. Epoxy-Based
15.7.1.1. One Component
15.7.1.2. Two Component
15.7.2. Acrylic-Based
15.7.3. Polyurethane-Based
15.7.4. Cyanoacrylate
15.7.5. Others
15.8. Drivers and Restraints: Impact Analysis
15.9. Market Attractiveness Analysis
15.9.1. By Country
15.9.2. By Application
15.9.3. By Product Type
15.10. Key Representative Market Participants
15.11. Market Presence (Intensity Map)
16. China Market Analysis 2013–2017 and Forecast 2018–2028
16.1. Introduction
16.2. Key Regulations
16.3. Pricing Analysis
16.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
16.4.1. By Application
16.4.2. By Product Type
16.5. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
16.5.1. Transportation
16.5.1.1. Automotive
16.5.1.2. Aerospace
16.5.1.3. Marine
16.5.2. Building & Construction
16.5.3. Energy
16.5.4. Others
16.6. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
16.6.1. Epoxy-Based
16.6.1.1. One Component
16.6.1.2. Two Component
16.6.2. Acrylic-Based
16.6.3. Polyurethane-Based
16.6.4. Cyanoacrylate
16.6.5. Others
16.7. Drivers and Restraints: Impact Analysis
16.8. Market Attractiveness Analysis
16.8.1. By Application
16.8.2. By Product Type
16.9. Key Representative Market Participants
16.10. Market Presence (Intensity Map)
17. Japan Market Analysis 2013–2017 and Forecast 2018–2028
17.1. Introduction
17.2. Key Regulations
17.3. Pricing Analysis
17.4. Historical Market Size (US$ Mn) and Volume Analysis By Market Taxonomy, 2013 - 2017
17.4.1. By Application
17.4.2. By Product Type
17.5. Current Market Size (US$ Mn) and Volume Forecast By Application 2018 - 2028
17.5.1. Transportation
17.5.1.1. Automotive
17.5.1.2. Aerospace
17.5.1.3. Marine
17.5.2. Building & Construction
17.5.3. Energy
17.5.4. Others
17.6. Current Market Size (US$ Mn) and Volume Forecast By Product Type 2018 - 2028
17.6.1. Epoxy-Based
17.6.1.1. One Component
17.6.1.2. Two Component

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