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Global Composite Adhesives Market 2017-2021

About Composite Adhesives

Composite adhesives are used for bonding or joining composite materials such as wood, metal, and plastics. Bonding of the composite is one of the key steps in the manufacturing of composite structures. The composite adhesives are used in various applications, such as aerospace, automotive and transportation, wind energy, marine, electronic, and construction, as these are lightweight and exhibit high strength. The use of composite adhesives has grown in recent times.

Technavio’s analysts forecast the global composite adhesives market to grow at a CAGR of 7.40% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global composite adhesives market for 2017-2021. To calculate the market size, the report considers sales of various types of composite adhesives.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Composite Adhesives Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Huntsman international
  • 3M
  • Ashland
  • The Dow Chemical Company
  • Sika
Other prominent vendors
  • Arkema
  • DELO
  • Dymax
  • Engineered Bonding Solutions
  • Gurit
  • H.B.Fuller
  • Hexcel
  • Hybond
  • LORD
  • Master Bond
  • Parson Adhesives
  • Permabond
  • SCIGRIP
  • Scott Bader Company
Market driver
  • Increasing demand for new aircraft
  • For a full, detailed list, view our report
Market challenge
  • Volatile prices of raw materials
  • For a full, detailed list, view our report
Market trend
  • Growing demand for composite adhesives in wind energy sector
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Composite Adhesives Market 2017-2021

Technavio recognizes the following companies as the key players in the global composite adhesives market: Huntsman international, 3M, Ashland, The Dow Chemical Company, and Sika.

Other Prominent Vendors in the market are: Arkema, DELO, Dymax, Engineered Bonding Solutions, Gurit, H.B.Fuller, Hexcel, Hybond, LORD, Master Bond, Parson Adhesives, Permabond, SCIGRIP, and Scott Bader Company.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for composite adhesives in wind energy sector. The wind turbine composite material market is expected to grow because of an increase in the number of wind energy projects in China and Europe. The market is exhibiting growth owing to the low costs associated with wind energy. In 2016, thermostats accounted for around 75% of the epoxy resins in the global wind turbine composites market, whereas glass fiber contributed to approximately 60% of the type of fibers used in wind turbines.”

According to the report, one driver in the market is increasing demand for new aircraft. The rising demand for new aircraft is a key driver for the global composite adhesives. Increasing use of composite products in manufacturing aircraft drives the demand for composite adhesives. Composite adhesives are used to attach joints to cured parts, such as stringer, and uncured parts such as wings skin. The composite adhesives exhibit properties such as stiffness, strength, toughness, and high-temperature performance. The entry of new players in the aircraft industry has led to an increase in the production of new aircraft.

Further, the report states that one challenge in the market is volatile prices of raw materials. Fluctuations in the prices of raw materials used for manufacturing composite adhesives pose a serious challenge to the global composite adhesives market. The prices of raw materials, such as epoxy, polyurethane, and silicone, have experienced fluctuations in the past few years. Polyols that are used in the production of polyurethane are expensive as these are derived from crude oil that experiences frequent price fluctuations. Volatility in the prices leads to a shortage of raw materials. This leads to a significant increase in the price of resins, which drives the manufacturing cost and decreases the profit margins of the manufacturers.

Companies Mentioned

Huntsman international, 3M, Ashland, The Dow Chemical Company, Sika, Arkema, DELO, Dymax, Engineered Bonding Solutions, Gurit, H.B.Fuller, Hexcel, Hybond, LORD, Master Bond, Parson Adhesives, Permabond, SCIGRIP, and Scott Bader Company.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market size and forecast
      • Table Global composite adhesives market 2016 and 2021 ($ millions)
      • Table Global composite adhesives market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global composite adhesives market by application
      • Table Global composite adhesives market by application 2016 (% share of revenue)
      • Table Global composite adhesives market by application 2021 (% share of revenue)
    • Global composite adhesives market for automotive and transportation
      • Table Global composite adhesives market for automotive and transportation 2016 and2021 ($ millions)
      • Table Global composite adhesives market for automotive and transportation 2016-2021
    • Global composite adhesives market for aerospace
      • Table Global composite adhesives market for aerospace 2016 and 2021 ($ millions)
      • Table Global composite adhesives market for aerospace 2016-2021
    • Global composite adhesives market for wind energy
      • Table Global composite adhesives market for wind energy 2016 and 2021 ($ millions)
      • Table Global composite adhesives market for wind energy 2016-2021
    • Global composite adhesives market for marine industry
      • Table Global composite adhesives market for marine industry 2016 and 2021 ($ millions)
      • Table Global composite adhesives market for marine industry 2016-2021
    • Global composite adhesives market for others
      • Table Global composite adhesives market for others 2016 and 2021 ($ millions)
      • Table Global composite adhesives market for others 2016-2021
  • Market segmentation by resin type
    • Global composite adhesives market by resin type
      • Table Global composite adhesives market by resin type 2016 (% share of revenue)
      • Table Global composite adhesives market by resin type 2021 (% share of revenue)
    • Global composite adhesives market by epoxy
      • Table Global composite adhesives market by epoxy 2016 and 2021 ($ millions)
      • Table Global composite adhesives market by epoxy 2016-2021
    • Global composite adhesives market by polyurethane
      • Table Global composite adhesives market by polyurethane 2016 and 2021 ($ millions)
      • Table Global composite adhesives market by polyurethane 2016-2021
    • Global composite adhesives market by others
      • Table Global composite adhesives market by others 2016 and 2021 ($ millions)
      • Table Global composite adhesives market by others 2016-2021
  • Geographical segmentation
    • Global composite adhesives market by geography
      • Table Global composite adhesives market by geography 2016 (% share of revenue)
      • Table Global composite adhesives market by geography 2021 (% share of revenue)
    • Composite adhesives market in Americas
      • Table Composite adhesives market in Americas 2016 and 2021 ($ millions)
      • Table Composite adhesives market in Americas 2016-2021
    • Composite adhesives market in APAC
      • Table Composite adhesives market in APAC 2016 and 2021 ($ millions)
      • Table Composite adhesives market in APAC 2016-2021
    • Composite adhesives market in EMEA
      • Table Composite adhesives market in EMEA 2016 and 2021 ($ millions)
      • Table Composite adhesives market in EMEA 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Growing demand for composite adhesives in wind energy sector
    • Emerging technologies present ample growth opportunities
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Global composite adhesives market: Other prominent vendors
  • Key vendor analysis
    • Huntsman International
      • Table Huntsman International: Business segmentation by revenue 2016 (% share)
      • Table Huntsman International: Geographic segmentation by revenue 2016 (% share)
    • 3M
      • Table 3M: Business segmentation by revenue 2016 (% share)
      • Table Huntsman International: Geographic segmentation by revenue 2016 (% share)
    • Ashland
      • Table Ashland: Business segmentation by revenue 2016 (% share)
      • Table Ashland: Geographical segmentation by revenue 2016 (% share)
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016 (% share)
      • Table The Dow Chemical Company: Geographic segmentation by revenue 2016 (%share)
    • Sika
      • Table Sika: Segmentation by product category 2016 (% share)
      • Table Sika: Segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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