From 2022 to 2032, global consumption of structural adhesives is expected to rise at a 6.7% CAGR. The global structural adhesives market is valued at $14.74 billion in 2022 and is expected to generate $28.2 billion by the end of 2032.
In the coming years, rising construction activity is expected to drive high demand for epoxy structural adhesives, structural wood glue, and structural adhesive tapes.
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How Can New Market Players Leverage the Sustainability Trend to Gain Ground?
“Start-ups Can Launch Products with Lower Carbon Footprint”
Sustainability has been a prominent trend over the past few years and is expected to be the prime focus going ahead owing to increasing awareness and stringent government mandates.
New structural adhesive manufacturers should focus on capitalizing on the sustainability trend by developing and launching products that are sustainable in nature.
- RALLK, an Italian start-up founded in 2018, is focused on manufacturing cement-hardening adhesives and other thermal coat adhesives for cement industry applications. RALLK’s adhesives have high water resistance and allow for a faster curing time as well. These adhesives also have a lower carbon footprint than conventional adhesives, which makes them a unique and preferable solution in today’s more environment-conscious landscape.
New entrants can focus on the sustainability trend and invest in the development of adhesives that are free from VOCs. New structural adhesive companies can deploy innovative strategies to promote their products and advance their business scope in this consolidated market space.
Key Segments Covered in Structural Adhesives Industry Research
- by Resin Type :
- Epoxy Structural Adhesives
- Polyurethane (PU) Structural Adhesives
- Acrylic Adhesives
- by Application :
- Building & Construction
- Bus & Truck Manufacturing
- Aerospace & Defense Manufacturing
- Wind Energy Equipment Manufacturing
- Marine Equipment Manufacturing
- Rail Equipment & Components
- by Region :
- North America
- Latin America
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Following Questions Answers Covered in the Report are:
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- Which segment will drive the global Personal Assistance Apps Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Personal Assistance Apps Market?
- How will these strategies influence the market growth and competition?
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Structural Adhesives Market report answers the following queries:
- What is the largest share held by key players in the market?
- What strategies have proven most advantageous in Structural Adhesives Market?
- Which region promises largest opportunity for new investors during the forecast period 2022 to 2031?
- What factors will most likely present challenges to growth during the forecast period?
- What will be the value of total revenues, and at what CAGR will the growth compound during the forecast period 2022 to 2031?
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