Asia Pacific emerged as a lucrative region in the global curable materials market.
The major regions in the global curable material market are Asia Pacific, Europe, and North America. Another important region include Middle East & Africa and Latin America. Asia Pacific is the fastest growing region on account of the growing automotive industry. There is an increasing demand of tires and other rubber materials made out of curable materials.
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The region accounts for ~43% share of the global curable materials market. India, China, Japan, and South Korea are the leading markets in this region due to the presence of major end use industries such as automotive and chemicals. Apart from automotive and chemicals industries, building & construction industry in this region is majorly deploying curable materials as an adhesives and sealants. The rapid industrialization in developing countries in this region is posing as an emerging opportunity which would fuel the demand of curable materials in this region.
Europe is the second most significant region in the global curable materials market. Countries namely, Germany, U.K, and France are the major markets in this region. This is attributed to the well-established and growing end use industries in this region such as automotive and aerospace. Overall automotive industry in Europe accounts for more than 23% of the global vehicle production.
This trend is anticipated to remain same over the forecast period to drive demand of the curable materials in this region. In addition to automotive aerospace industry in this region is also growing at significant rate, which may add into the demand of curable materials.
North America is following Europe in terms of the market size. U.S. and Canada are leading the regional market owing to the growth of reconstruction activities and aerospace industry in this region. U.S. is heavily investing in modifying the existing infrastructures into sustainable ones with the use of curable materials which are highly durable. Lastly, the Middle East & Africa is estimated to grow at considerable CAGR on account of the growth and investment potential exhibited by the region.
Key players of the global curable materials are Rockwell Automation, Inc. (U.S.), Rubber King Tyre Pvt. Ltd (India), Green Rubber Group (Malaysia), KEYLAND POLYMER MATERIAL SCIENCES (U.S.), Arnette Polymers LLC (U.S.), Dymax Corporation (U.S.), Shin-Nakamura Chemicals Co. Ltd (China) and others.
The global curable Materials market is majorly segmented on the basis of type, application, and regions. Market segmentation based on type include curable rubber, curable polymer and others. On the basis of application global market segmented into coating, adhesive bonding, sealants, general electronics, printing, industrial, plastic bonding, and others. Geographically global market has been segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa.
LIST OF FIGURES:
FIGURE 1 Global Curable Materials Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Curable Materials Market
FIGURE 4 Value Chain Of Global Curable Materials Market
FIGURE 5 Share Of Global Curable Materials Market In 2016, By Country (In %)
FIGURE 6 Global Curable Materials Market, 2016-2023, (USD Billion)
TABLE OF CONTENTS:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Curable Materials Market
5 Industry Overview Of Global Curable Materials Market
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
5.5 Impact Analysis
6 Market Trends
6.2 Growth Trends
6.3 Impact Analysis
7. Global Curable Materials Market By Region
8. Global Curable Materials Market By Type (Rubber, Polymer And Others)
9. Global Curable Materials Market By Application (Coating, Adhesive Bonding, Sealants, General Electronics, Printing, Industrial, Plastic Bonding, And Others)
10 Company Landscape
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