Metal bonding Adhesives Market 2018-2023 Global Share, Size, Sales, Revenue,Growth Rates,Segmentation,Opportunity and Forecast,Leading Regions,Top Brands and Future Vision till 2023

“Metal bonding Adhesives Market Share, Growth by Top Company, Region, Applications, Drivers, Trends and Forecast to 2023”
Prevailing trend of Light Weighting along with growing automotive production is estimated to drive the global metal bonding adhesives demand, 2018-2023

Synopsis of Metal Bonding Adhesives Market:

Metal bonding adhesives are the high strength joining materials used to attach metal substrates together. They create smooth bonds between two substrates and are characterized by mechanical and temperature resistivity. Metal bonding adhesives evenly distribute the stress upon the entire surface area in order to reduce stress as single location. This increases the stress bearing capacity of the metal surfaces. Metal bonding adhesives are used in some of the prominent industries which include, automotive & transportation, industrial equipment, and consumer appliances.

Increasing preference of high performance adhesives in various end-use industries, in order to replace conventional fasteners and welding joints is driving the metal bonding adhesives demand in numerous end-use industries. Governments across the globe are focusing on improving the fuel efficiency standards and reducing the greenhouse gas emissions from automobiles. In order to comply with the fuel efficiency standards, automotive manufacturers are focusing on reducing automobile weights.

This consequently resulting into replacing metal component such as screws, nuts, and metallic attachments. Such factors are driving metal bonding adhesives demand in the automotive and transportation industry. Apart from this, growing automotive production and increase in construction activities is propelling market growth. Global automotive production is poised to surpass 100 million units per year by the end of 2018.

Competitive Analysis:

Some of the well-known players operating in the global metal bonding adhesives market are Some of the prominent players operating in the global metal bonding adhesives market are Henkel AG & Co KgaA, H. B. Fuller, The 3M Company, Sika AG, The Dow DuPont Inc., Arkema S.A., Solvay SA, Lord Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, and and Parson Adhesives, Inc

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Passenger vehicles production in Asia Pacific is major factor driving global automotive production. On supply side, availability of raw materials and relatively simple production process aiding the metal bonding adhesives manufacturing. This is significantly driving production on the global scale. However, fluctuating raw material prices and stringent regulations on volatile organic content of the adhesives is restraining the market growth. Owing to such factors, global metal bonding adhesives is anticipated to exhibit significant single digit CAGR over the forecast period.

Leading Regions:

Metal bonding adhesives are the high strength joining materials used to attach metal substrates together. They create smooth bonds between two substrates and are characterized by mechanical and temperature resistivity. Metal bonding adhesives evenly distribute the stress upon the entire surface area in order to reduce stress as single location. This increases the stress bearing capacity of the metal surfaces. Metal bonding adhesives are used in some of the prominent industries which include, automotive & transportation, industrial equipment, and consumer appliances.

Increasing preference of high performance adhesives in various end-use industries, in order to replace conventional fasteners and welding joints is driving the metal bonding adhesives demand in numerous end-use industries. Governments across the globe are focusing on improving the fuel efficiency standards and reducing the greenhouse gas emissions from automobiles. In order to comply with the fuel efficiency standards, automotive manufacturers are focusing on reducing automobile weights.

This consequently resulting into replacing metal component such as screws, nuts, and metallic attachments. Such factors are driving metal bonding adhesives demand in the automotive and transportation industry. Apart from this, growing automotive production and increase in construction activities is propelling market growth. Global automotive production is poised to surpass 100 million units per year by the end of 2018. Passenger vehicles production in Asia Pacific is major factor driving global automotive production. On supply side, availability of raw materials and relatively simple production process aiding the metal bonding adhesives manufacturing.

 

Market Segmentation:

The global metal bonding adhesives market is segregated based on resin and application. On the basis of resin type, the market is further categorized into epoxy, acrylic, polyurethane, and others. Epoxy is the largest adhesive type used in end-use industries. Epoxy adhesives are the widely used resins, owing to high durability, mechanical strength, and temperature resistivity. Epoxy resins are commercially also known as Crash Durable Adhesives 
(CDA), due to their high crash resistant. Epoxy adhesives is anticipated to retain its dominance over the forecast period. Epoxy based metal bonding adhesives are followed by acrylic which is growing at faster rate due to the continuous product development by manufacturers.

On the basis of application, the market is classified into architectural, automotive, wood, industrial, and others. Among these, the automotive & transportation segment is set to grow at a higher CAGR during the forecast period. Numerous applications in automotive industry and growing automotive production across the globe is having positive impact on the metal bonding adhesives demand in automotive & transportation industry. Automotive & transportation industry is followed by industrial equipment in terms of consumption. Industrial applications, including ultracentrifuge rotors, machinery base plates, cooling water pumps, reaction injecting molding machines, cooling water pumps, and industrial pumps. Other application include, medical application. In medical industry, metal bonding adhesives are mainly used in needle bonding and X-ray and imaging equipment.

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Intended Audience:

  • High temperature coatings manufacturers
  • Traders and Distributors of high temperature coatings
  • Production Process Industries
  • Potential Investors
  • Raw Material Suppliers
  • Nationalized Laboratory

DC Description:

  • Metal Glue
  • Metal Epoxy
  • Panel Bonding Adhesives
  • Industrial Glue
  • Polyurethane Glue

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