According to a market report by Lucintel, the future of adhesives in the global composites market looks promising with opportunities in the transportation, electrical & electronics, and construction industries. The global adhesives in the composites market is expected to reach an estimated $2 billion by 2031 at a CAGR of 5% from 2024 to 2031. The major drivers for this market are increasing inclination towards adhesives over conventional binding techniques in various end-user industries and growing adoption of lightweight composites with superior strength and low density properties in the automotive aerospace and defense industries.
Browse 140 figures/charts
and 97 tables in this 205-page report
to understand trends, opportunity and
forecast in adhesives in the global composites market to 2031 by product type
(epoxy, polyurethane, and other product types), application (automotive,
marine, wind energy, aerospace, and other applications), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the product category, epoxy is expected to witness the
largest growth over the forecast period due to increasing utilization in
numerous end-use industries owing to their ability to withstand extreme
environmental conditions.
Within the
application category, aerospace & defense is expected to witness the
largest growth as this adhesive provides strong bonding to the composite
materials.
Download
sample by clicking on adhesives in the
global composites market.
In terms
of regions, APAC is expected to witness the largest growth over the forecast
period due to growing requirements for composite-based products in EVs,
renewables, aerospace & defense, and construction industries.
3M, Arkema
Group, H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Parker
Hannifin Corp (Lord Corporation), Parsons Corporation, Permabond LLC, Pidilite
Industries Ltd, Sika AG are the major suppliers in the adhesives in the global composite market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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