Adhesives in global composites market is
expected to reach an
estimated value of $1,170 million by 2019. The
major drivers for adhesives in composites market are growth in end user
industry such as automotive, aerospace, and wind energy industry, and increasing
penetration of composite materials in those industries. Development of new
passenger cars, light commercial vehicles, and new aircraft programs with
high penetration of composite materials will drive the demand for adhesives in
composites industry. APAC is the largest region in terms of demand for
adhesives in composites industry and depicted highest growth rate during the last
five years (2008-2013).
Lucintel,
a leading global management consulting and market
research firm,
has analyzed the adhesives
market for global composites industry by segments and region, and has come up
with a comprehensive research report “Growth
Opportunities for Adhesives in Global Composites Industry 2014-2019: Trend, Forecast, and Opportunity Analysis.”
This composites materials market report provides an analysis of adhesive consumption
in global composites industry including analysis of the market trends,
competitive landscape, company profiles, mergers and acquisitions, emerging
trends, and key drivers of industry growth. The study also includes market
forecasts for adhesives in composites industry through 2019, segmented by regions,
by applications, and by chemical products as follows.
Adhesives
in global composites market by regions:
- North
America
- Europe
- Asia
Pacific
- Rest
of World
Adhesives
in global composites market by applications:
- Automotive
- Marine
- Aerospace
- Wind Energy
- Others
Adhesives
in global composites market by chemical products:
- Epoxy Adhesive
- Polyurethane Adhesive
- Other Adhesives
On the
basis of its comprehensive research, Lucintel forecasts that adhesives in
composites industry will grow moderately in 2014-2019. Epoxy based adhesive is
expected to remain the dominant adhesive over the forecast period (2014-2019). Henkel
AG & Company, 3M Co., Momentive, Dow Chemical Co., Huntsman Corporation, Hexcel
Corporation, Cytec Industries Inc., Sika AG, etc. are among the major suppliers
of adhesives in composites industry. Regular innovation of products is very
important for companies to sustain their successful positions in the market. To
gain competitive advantage, materials suppliers have to focus on growth
opportunities through new/improved applications, competence in process
development, a customer-oriented and innovation driven growth strategy.
Lucintel’s comprehensive analysis unlocks an opportunity to cater adhesive
market in composites industry.
This 168-page research
report will enable you to make confident
business decisions in this globally competitive marketplace. For a detailed
table of contents and pricing information on these timely, insightful reports, contact
Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com.
Lucintel provides cutting-edge decision support services that facilitate
critical decisions with greater speed, market
insight, and cost efficiency. To learn more,
visit www.lucintel.com
. You can also contact us through Live Chat in its website to answer your
questions in real time.
About
Lucintel
Lucintel, the premier global management consulting and
market research firm creates winning strategy for growth—whether you need to
understand market dynamics, identify new opportunities, or increase your
profitability. It offers market assessments, competitive analysis, opportunity
analysis, growth consulting, M
& A and due diligence services to
executives and key decision-makers in a variety of industries. Over the last 15
years, Lucintel has served over 1,000 corporations in 70 countries. For further
information, visit www.lucintel.com.