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Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry 2015-2020: Trends, Forecast, and Opportunity Analysis

Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry 2015-2020: Trends, Forecast, and Opportunity Analysis

According to a new market report published by Lucintel, the future of thermoset resins in the globaladhesive industry looks good with opportunities in the automotive and construction applications. Thethermoset resin in global adhesive industry is forecast to grow at a CAGR of 6.4% from 2015 to 2020.The major growth drivers for thermoset resin in the global adhesive industry are replacement oftraditional fasteners with adhesives and growth in key end-use applications.

In this market, polyurethane and epoxy resins are the major thermoset resins in the adhesive industry.Lucintel predicts that the demand for epoxy resin in adhesive industry is likely to experience the highestgrowth in the forecast period supported by growing demand in end-use applications. On the basis ofcomprehensive research, Lucintel forecasts that automotive industry is expected to show aboveaverage growth during the forecast period.

Within the thermoset resin in the global adhesive industry, the automotive industry is expected toremain as the largest market. Growth in the light and commercial vehicle production and replacement offasteners with adhesives is expected to spur growth for this segment over the forecast period.Asia Pacific is expected to remain the largest market due to growth in end use applications andincreasing use of adhesives in place of traditional fasteners.

Europe, Asia Pacific, and Rest of the World are expected to witness above average growth over theforecast period because of growth of the automotive and construction industry.

For market expansion, the report suggests new product development with fast ambient cure, lowmodulus,and high-elongation, where the unique characteristics of thermoset resin can be capitalized.Emerging trends, which have a direct impact on the dynamics of the industry, include the emergence ofadhesive with bio-based thermoset resin and increasing application of two part polyurethane adhesive.Dow Chemicals, BASF SE, Huntsman, Momentive, and Bayer AG are among the major players ofthermoset resin in the global adhesive industry.

Lucintel, a leading global strategic consulting and market research firm, has analyzed thermoset resinin the global adhesive industry by chemistry, end use application, and region, and has come up with acomprehensive research report, “Growth Opportunities for Thermoset Resin in Global AdhesiveIndustry 2015-2020: Trend, Forecast, and Opportunity Analysis.” The Lucintel report serves as aspringboard for growth strategy, as it provides a comprehensive data and analysis on trends, keydrivers, and directions. The study includes a forecast for the thermoset resin in the global adhesiveindustry through 2020, segmented by chemistry, end use application, and region as follows:

By chemistry [volume (M lbs/Kilo ton) and $ Million shipments from 2009 to 2020]:

  • Epoxy Resin
  • Polyurethane Resin
  • Others
By end use application [volume (M lbs/Kilo ton) and $ Million shipment from 2009 to 2020]:
  • Automotive
  • Construction
  • Aerospace and Defense
  • Wind Energy
  • Others
By region [volume (M lbs/Kilo ton) and $ Million shipment from 2009 to 2020]:
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World
This unique report from Lucintel will provide you with valuable information, insights, and tools needed toidentify new growth opportunities and operate your business successfully in this market. This report willsave hundreds of hours of your own personal research time and will significantly benefit you inexpanding your business in this market. In today’s stringent economy, you need every advantage thatyou can find.

Features of This Report:

To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinational materialssuppliers, product manufacturers, investors, executives, distributors, and many more that operate in thismarket.

Some of the features of “Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry2015-2020: Trends, Forecast, and Opportunity Analysis” include:
  • Market size estimates: Thermoset resin in global adhesive industry estimation in terms of volume (M lbs.) and value ($M) shipment.
  • Trend and forecast analysis: Thermoset resin in global adhesive industry trend (2009-2014) and forecast (2015-2020) by region and by segment.
  • Segmentation analysis: Thermoset resin in global adhesive industry size by chemical types such as epoxy, polyurethane and others both in terms of volume and value shipment.
  • Thermoset resin in global adhesive industry size by end use application, such as automotive, construction, aerospace and defense, wind energy, and others.
  • Regional analysis: Thermoset resin in global adhesive industry breakdown by key regions such as North America, Europe, Asia Pacific, and Rest of World.
  • Growth opportunities: Analysis on growth opportunities in different applications, chemical type, and regions.
  • Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of thermoset resin suppliers in global adhesive industry.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.


1. Executive Summary
2. Industry Background and Classifications
2.1: Introduction
2.2: Industry Classification
2.2.1: Thermoset Resins in Global Adhesive Industry by Chemical Type
2.2.2: Thermoset Resin in Global Adhesive Industry by End Use Application
2.3: Advantages of Thermoset Resin Usage in Global Adhesive Industry
2.4: Disadvantages of Thermoset Resin Usage in Global Adhesive Industry
2.5: Supply Chain
3. Market Trend and Forecast Analysis
3.1: Market Analysis 2014
3.1.1: Thermoset Resin Market in Global Adhesive Industry by Value and Volume
3.2: Market Trend: 2009-2014
3.2.1: Macroeconomic Trend
3.2.2: Thermoset Resin Market in Global Adhesive Industry Trend by Value andVolume
3.2.3: Thermoset Resin Market in Global Adhesive Industry Trend by Chemical Type
3.2.4: Thermoset Resin Market in Global Adhesive Industry Trend by End UseApplication
3.2.5: Regional Market Trend for Thermoset Resin in Global Adhesive Industry byValue and Volume
3.2.6: Industry Drivers and Challenges
3.3: Market Forecast 2015–2020
3.3.1: Macroeconomic Forecast
3.3.2: Thermoset Resin Market in Global Adhesive Industry Forecast by Value andVolume
3.3.3: Thermoset Resin Market in Global Adhesive Industry Forecast by Chemical Type
3.3.4: Thermoset Resin Market in Global Adhesive Industry Forecast by End UseApplication
3.3.5: Regional Market Forecast for Thermoset Resins in Global Adhesive Industry byValue and Volume
4. Competitor Analysis
4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Porter’s Five Forces Analysis
5. Growth Opportunity & Strategic Analysis
5.1: Growth Opportunity Analysis
5.1.1: Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry byChemical Type
5.1.2: Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry byEnd Use Application
5.1.3: Growth Opportunities for Thermoset Resin Market in Global Adhesive Industry byRegion
5.2: Emerging Trends in Thermoset Resin Market in Global Adhesive Industry
5.3: Strategic Analysis
5.3.1: New Product Development
5.3.2: Expansion Strategy
5.3.3: Product Market Growth Matrix for Thermoset Resin Market in Global AdhesiveIndustry
5.4: Mergers and Acquisitions in Thermoset Resin Market in Global Adhesive Industry
6. Company Profiles of Leading Players
List of Figures
Chapter 2. Industry Background and Classifications
Figure 2.1: Classification of Thermoset Resin Market in Global Adhesive Industry by ChemicalType, and End Use Application Type
Figure 2.2: Adhesive Applications in a Passenger Car
Figure 2.3: Thermoset Resins Used in Construction Industry
Figure 2.4: Blade Bonding Applications (Source: LORD Corporation)
Figure 2.5: Thermoset Resin for Adhesive in Aerospace Industry
Figure 2.6: Epoxy Resin Used in Printed Circuit Boards (PCBs)
Figure 2.7: Thermoset Resin Used in Food Packaging
Figure 2.8: Supply Chain Thermoset Resin Market in Global Adhesive Industry
Chapter 3. Market Trend and Forecast Analysis
Figure 3.1: Thermoset Resin Market ($ Million) in Global Adhesive Industry Distribution byChemical Type in 2014
Figure 3.2: Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Typein 2014
Figure 3.3: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Distributionby Chemical Type in 2014
Figure 3.4: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by ChemicalType in 2014
Figure 3.5: Thermoset Resin Market ($ Million) in Global Adhesive Industry Distribution by EndUse Application in 2014
Figure 3.6: Thermoset Resin Market ($ Million) in Global Adhesive Industry by End UseApplication in 2014
Figure 3.7: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Distributionby End Use Application in 2014
Figure 3.8: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End UseApplication in 2014
Figure 3.9: Thermoset Resin Market ($ Million) in Global Adhesive Industry Distribution byRegion in 2014
Figure 3.10: Thermoset Resin Market ($ Million) in Global Adhesive Industry by Region in 2014
Figure 3.11: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Distributionby Region in 2014
Figure 3.12: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by Region in2014
Figure 3.13: Trend of Global GDP Growth Rate
Figure 3.14: Trend of Regional GDP Growth Rate
Figure 3.15: Global Automotive Production Trend: 2009-2014
Figure 3.16: Global Annual Wind Turbine Installations (GW) Trend 2009-2014
Figure 3.17: New Housing Starts Trend in the US 2009-2014
Figure 3.18: Aircraft Deliveries Trend for Boeing and Airbus 2009-2014
Figure 3.19: Thermoset Resin Market in Global Adhesive Industry Growth Trends (2009-2014)
Figure 3.20: Thermoset Resin Market ($ Million) in Global Adhesive Industry Trend by ChemicalType from 2009 to 2014
Figure 3.21: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry byChemical Type from 2009 to 2014
Figure 3.22: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in GlobalAdhesive Industry by Chemical Type from 2013 to 2014
Figure 3.23: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry Trend byChemical Type from 2009 to 2014
Figure 3.24: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry byChemical Type from 2009 to 2014
Figure 3.25: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) inGlobal Adhesive Industry by Chemical Type from 2013 to 2014
Figure 3.26: Thermoset Resin Market ($ Million) in Global Adhesive Industry Trend by End UseApplication from 2009 to 2014
Figure 3.27: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry by EndUse Application from 2009 to 2014
Figure 3.28: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in GlobalAdhesive Industry by End Use Application from 2013 to 2014
Figure 3.29: Thermoset Resin Market (Million Pounds) Trend in Global Adhesive Industry byEnd Use Application from 2009 to 2014
Figure 3.30: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industryby End Use Application from 2009 to 2014
Figure 3.31: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) inGlobal Adhesive Industry by End Use Application from 2013 to 2014
Figure 3.32: Thermoset Resin Market Growth Trend in North American Adhesive Industry(2009-2014)
Figure 3.33: Thermoset Resin Market Trend in European in Adhesive Industry (2009-2014)
Figure 3.34: Thermoset Resin Market Growth Trend in APAC Adhesive Industry (2009-2014)
Figure 3.35: Thermoset Resin Market Growth Trend in ROW Adhesive Industry (2009-2014)
Figure 3.36: Drivers and Challenges of Thermoset Resin Market in Global Adhesive Industry
Figure 3.37: Forecast of Global GDP Growth Rate
Figure 3.38: Forecast of Regional GDP Growth Rate
Figure 3.39: Global Automotive Production Forecast: 2015-2020
Figure 3.40: Global Wind Energy New Capacity (GW) Installation Forecast 2015-2020
Figure 3.41: New Housing Starts Trend in the US 2015-2020
Figure 3.42: Aircraft Deliveries Trend for Boeing and Airbus 2009-2014
Figure 3.43: Thermoset Resin Market in Global Adhesive Industry Growth Forecast (2015-2020)
Figure 3.44: Thermoset Resin Market ($ Million) in Global Adhesive Industry by Chemical Typefrom 2015 to 2020
Figure 3.45: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry byChemical Type from 2015 to 2020
Figure 3.46: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in Global
Adhesive Industry by Chemical Type from 2014 to 2015
Figure 3.47: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by ChemicalType from 2015 to 2020
Figure 3.48: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry byChemical Type from 2015 to 2020
Figure 3.49: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) inGlobal Adhesive Industry by Chemical Type from 2014 to 2015
Figure 3.50: Thermoset Resin Market ($ Million) in Global Adhesive Industry by End UseApplication from 2015 to 2020
Figure 3.51: CAGR of Thermoset Resin Market ($ Million) in Global Adhesive Industry by EndUse Application from 2015 to 2020
Figure 3.52: Year-over-Year Growth Rate for Thermoset Resin Market ($ Million) in GlobalAdhesive Industry by End Use Application from 2014 to 2015
Figure 3.53: Thermoset Resin Market (Million Pounds) in Global Adhesive Industry by End UseApplication from 2015 to 2020
Figure 3.54: CAGR of Thermoset Resin Market (Million Pounds) in Global Adhesive Industry byEnd Use Application from 2015 to 2020
Figure 3.55: Year-over-Year Growth Rate for Thermoset Resin Market (Million Pounds) inGlobal Adhesive Industry by End Use Application from 2014 to 2015
Figure 3.56: Thermoset Resin Market Forecast in North American Adhesive Industry(2015-2020)
Figure 3.57: Thermoset Resin Market Forecast in European Adhesive Industry (2015-2020)
Figure 3.58: Thermoset Resin Market Forecast in APAC Adhesive Industry (2015-2020)
Figure 3.59: Thermoset Resin Market Forecast in ROW Adhesive Industry (2015-2020)
Chapter 4. Competitor Analysis
Figure 4.1: Market Share Analysis of Top Players of Thermoset Resin Market in GlobalAdhesive Industry in 2014
Figure 4.2: Market Share in Terms of $ Value by Top Three Players and Others in ThermosetResin Market in Global Adhesive Industry
Figure 4.3: Geographical Footprint of Major Thermoset Resin Manufacturers in Global AdhesiveIndustry
Figure 4.4: Porter’s Five Forces Analysis for Thermoset Resin Market in Global AdhesiveIndustry
Chapter 5. Growth Opportunity & Strategic Analysis
Figure 5.1: Opportunity Matrix for Thermoset Resin Market in Global Adhesive Industry byChemical Type
Figure 5.2: Opportunity Matrix for Thermoset Resin Market in Global Adhesive Industry by EndUse Application
Figure 5.3: Opportunity Matrix for Thermoset Resin Market in Global Adhesive Industry byRegion
Figure 5.4: Emerging Trends in Thermoset Resin Market in Global Adhesive Industry
Figure 5.5: Competitors Focus Area of Competitiveness
Figure 5.6: Major Capacity Expansion by Major Player in Thermoset Resin Market in GlobalAdhesive Industry
Figure 5.7: Strategic Initiatives by Major Competitors in 2014
Figure 5.8: Strategic Initiatives by Major Competitors in 2013
Figure 5.9: Year-on-Year Study of Strategic Initiatives of Thermoset Resin Market in GlobalAdhesive Industry
Figure 5.10: Product- Market Strategy for Thermoset Resin Market in Global Adhesive Industry
List of Tables
Chapter 1. Executive Summary
Table 1.1: Thermoset Resin Market in Global Adhesive Industry Parameters and Attributes
Chapter 2. Industry Background and Classifications
Table 2.1: Epoxy, Polyurethane, and Other Resins for Adhesives in Automotive Industry
Table 2.2: Advantages of Thermoset Resin Usage in Adhesive Industry
Table 2.3: Disadvantages of Thermoset Resin Usage in Adhesive Industry
Chapter 3. Market Trend and Forecast Analysis
Table 3.1: Trend (2009-2014) in Thermoset Resin Market in Global Adhesive Industry
Table 3.2: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Marketin Global Adhesive Industry in Terms of Value
Table 3.3: Market Size and 2013-2014 Growth Rates of Thermoset Resin Market in Global
Adhesive Industry by Chemical Type in Terms of Value and Volume
Table 3.4: Market Size and Annual Growth Rates of Thermoset Resin Market in GlobalAdhesive Industry during Last Five Years (2009-2014) by Chemical Type in Terms of Value andVolume
Table 3.5: Market Size and 2013-2014 Growth Rates of Thermoset Resin Market in GlobalAdhesive Industry by End Use Application in Terms of Value and Volume
Table 3.6: Market Size and Annual Growth Rates of Thermoset Resin Market in GlobalAdhesive Industry by End Use Application during Last Five Years (2009-2014) in Terms of
Value and Volume
Table 3.7: Thermoset Resin Market Shipments in North American Adhesive Industry (2009-2014)
Table 3.8: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market($ Million) in North American Adhesive Industry
Table 3.9: Thermoset Resin Market Shipments in European Adhesive Industry (2009-2014)
Table 3.10: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market($ Million) in European Adhesive Industry
Table 3.11: Thermoset Resin Market Shipments in Asia Pacific Adhesive Industry (2009-2014)
Table 3.12: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market($ Million) in APAC Adhesive Industry
Table 3.13: Thermoset Resin Market Shipments in ROW Adhesive Industry (2009-2014)
Table 3.14: Average Growth Rates for One, Three, and Five Years for Thermoset Resin Market($ Million) in Adhesive Industry in ROW
Table 3.15: Market Forecast (2015-2020) in Thermoset Resin Market in Global AdhesiveIndustry Shipments
Table 3.16: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market($ Million) in Global Adhesive Industry
Table 3.17: Market Size and 2014-2015 Growth Rates of Thermoset Resin Market in GlobalAdhesive Industry by Chemical Type in Terms of Value and Volume
Table 3.18: Market Size and Annual Growth Rates of Thermoset Resin Market in Globaldhesive Industry during Next Five Years (2015-2020) by Chemical Type in Terms of Valueand Volume
Table 3.19: Market Size and 2014-2015 Growth Rates of Thermoset Resin Market in GlobalAdhesive Industry by End Use Application in Terms of Value and Volume
Table 3.20: Market Size and Annual Growth Rates of Thermoset Resin Market in GlobalAdhesive Industry by End Use Application during Next Five Years (2015-2020) in Terms ofValue and Volume
Table 3.21: Thermoset Resin Market Shipments Forecast for North American Adhesive Industry(2015-2020)
Table 3.22: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Market
for North American Adhesive Industry in Terms of Value
Table 3.23: Thermoset Resin Market Shipments Forecast for European Adhesive Industry(2015-2020)
Table 3.24: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Marketfor Europe Adhesive Industry in Terms of Value
Table 3.25: Thermoset Resin Market Shipment Forecast for APAC Adhesive Industry(2015-2020)
Table 3.26: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Marketfor APAC Adhesive Industry in Terms of Value
Table 3.27: Thermoset Resin Market Shipments Forecast for ROW Adhesive Industry(2015-2020)
Table 3.28: Average Growth Rates for One, Three, and Five Years in Thermoset Resin Marketfor ROW Adhesive Industry in Terms of Value
Chapter 4. Competitor Analysis
Table 4.1: Industry-Wide Product Mapping for Thermoset Resin Market in Global AdhesiveIndustry Based on End Use Applications
Table 4.2: Industry-Wide Product Mapping for Thermoset Resin Market in Global AdhesiveIndustry Based on Chemical Types
Table 4.3: Ranking of Manufacturers based on Thermoset Resin Revenue in Global AdhesiveIndustry
Table 4.4: Thermoset Resin Manufacturers with Their Headquarter Location
Table 4.5: Operational Integration of Thermoset Resin Manufacturers for Global AdhesiveIndustry
Chapter 5. Growth Opportunity & Strategic Analysis
Table 5.2: New Product Launches by Players in Thermoset Resin Market in Global AdhesiveIndustry
Table 5.2: New Product Attractiveness Rating for Different Products by Lucintel
Table 5.3: Major Expansion by Thermoset Resin Players in Global Adhesive Industry
Table 5.4: Types of Market Expansion Activities by Competitors

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