Published by TMR Research Insights
Posted on October 7, 2021
The global structural adhesives market was valued at US$ 9,419.4 Mn in 2017. It is anticipated to expand at a CAGR of 6.98% from 2018 to 2026, according to a new research report titled ‘Structural Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global structural adhesives market is driven by a rise in demand for structural adhesives from the building & construction and wind energy sectors worldwide. In terms of demand, Asia Pacific accounts for a dominant share of the global structural adhesives market.
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Increase in Demand for Lightweight and Low-carbon Emitting Vehicles and Aircraft are Driving the Structural Adhesives Market
The automotive industry is continually working toward designing lightweight and fuel-efficient vehicles that can reduce carbon dioxide emissions significantly. Stringent regulations regarding carbon dioxide emissions are being imposed worldwide. Structural adhesives play an important role in reducing carbon dioxide emissions. They provide vehicles with structural strength. They possess the ability to bond various surfaces together. Use of structural adhesives makes vehicles lighter, quieter, and safer compared to mechanical fastening methods such as welding, bolting, and soldering. Structural adhesives are known to distribute load evenly across a surface, resulting in better efficiency compared to mechanical fastening, which generates local stress in parts joined. Currently, around 15 kilograms of adhesives are used in an average car. This amount is likely to increase in the next few years. Structural adhesives are preferred for use in interiors, exteriors, and engine compartments of aircraft, due to their advantages over other types of adhesives. Structural adhesives carry higher weight loads and improve uniform distribution of stress and strain across the joints. They also maintain the integrity and strength of materials, as there is no hole, rivet, or fastening element to weaken the structure. The above-mentioned factors are projected to fuel demand for structural adhesives worldwide during the forecast period.
Buy Premium Research Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=60810<ype=S
Stringent Environmental Regulations in North America and Europe are Hampering the Structural Adhesives Market
Volatile organic compounds (VOC) emitted during the use of structural adhesives pose a threat to the environment. Several countries have set guidelines restricting the amount of VOCs emitted during the usage of structural adhesives in industries. Manufacturing operations are bound by regulations and rules with respect to evaluation, registration, storage, usage, handling, and transportation of certain substances and their emissions, effluents, and other wastes. Violation of these regulations is expected to lead to legal obligation in future business activities. These environment-related regulations restrain the demand for structural adhesives in the residential and non-residential construction sector, as violation of these government regulations is projected to attract heavy penalties. Rapid industrialization and urbanization have increased air pollution, which has affected the health of people across the globe. Several developing as well as developed countries are facing pressure from domestic and international regulatory bodies to formulate regulations and principles about control of VOC emissions in order to lower the levels of pollution. Air pollutants, such as VOCs, particulate matter, carbon monoxide, oxides of nitrogen, and sulfur dioxide, cause serious health hazards to agriculture and climate worldwide. VOCs are major air pollutants in urban areas. Emission standards have been fixed to facilitate the effective control of air pollution. These standards have set permissible limits that are formulated by organizations such as the Central Pollution Control Board, Ministry of Environment & Forests, Bureau of Indian Standards, World Health Organization, and National Emissions Inventory. The National Emissions Inventory is a combination of data collected from various sources, including the industrial sector, EPA models, and numerous state and local agencies.
Explore Transparency Market Research’s award-winning coverage of the global Industry: https://www.prnewswire.com/news-releases/with-constant-efforts-by-the-governments-to-reduce-the-emission-levels-across-the-globe-the-global-industrial-absorbents-market-shall-witness-a-consistent-growth-from-2019-to-2027-noted-tmr-301029551.html
Asia Pacific Dominates Global Structural Adhesives Market
Based on region, the global structural adhesives market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, Asia Pacific was a leading region of the global market in 2017. The market in the region is anticipated to expand at a rapid pace during the forecast period, owing to expansion in the automotive & construction industry and presence of major manufacturers of structural adhesives in the region. Europe and North America are significant consumers of structural adhesives. However, countries in the European Union are developing new policies that compel manufacturers to produce bio-based adhesives in order to reduce impact on the environment. These government policies are becoming increasingly stringent for manufacturers of structural adhesives. The structural adhesives market in Latin America is projected to expand at a sluggish to moderate pace during the forecast period, as demand for structural adhesives in these regions is anticipated to rise in the next few years, due to an expansion in the automotive industry in these regions.
High Degree of Competition among Players Operating in Structural Adhesives Market
The degree of competition among players operating in the structural adhesives market in the China is high, due to the presence of a large number of players producing structural adhesives in the country. Key players operating in the global structural adhesives market are Henkel AG & Co. KGaA, 3M, Sika AG, Huntsman International LLC, Illinois Tool Works Inc., H.B. Fuller, Ashland, DowDuPont, Bostik, and LORD Corporation.
Global Structural Adhesives Market, by Type
Global Structural Adhesives Market, by End-use Industry
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
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Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
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The global structural adhesives market was valued at US$ 9,419.4 Mn in 2017. It is anticipated to expand at a CAGR of 6.98% from 2018 to 2026, according to a new research report titled ‘Structural Adhesives Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global structural adhesives market is driven by a rise in demand for structural adhesives from the building & construction and wind energy sectors worldwide. In terms of demand, Asia Pacific accounts for a dominant share of the global structural adhesives market.
Request a Sample –https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60810
Increase in Demand for Lightweight and Low-carbon Emitting Vehicles and Aircraft are Driving the Structural Adhesives Market
The automotive industry is continually working toward designing lightweight and fuel-efficient vehicles that can reduce carbon dioxide emissions significantly. Stringent regulations regarding carbon dioxide emissions are being imposed worldwide. Structural adhesives play an important role in reducing carbon dioxide emissions. They provide vehicles with structural strength. They possess the ability to bond various surfaces together. Use of structural adhesives makes vehicles lighter, quieter, and safer compared to mechanical fastening methods such as welding, bolting, and soldering. Structural adhesives are known to distribute load evenly across a surface, resulting in better efficiency compared to mechanical fastening, which generates local stress in parts joined. Currently, around 15 kilograms of adhesives are used in an average car. This amount is likely to increase in the next few years. Structural adhesives are preferred for use in interiors, exteriors, and engine compartments of aircraft, due to their advantages over other types of adhesives. Structural adhesives carry higher weight loads and improve uniform distribution of stress and strain across the joints. They also maintain the integrity and strength of materials, as there is no hole, rivet, or fastening element to weaken the structure. The above-mentioned factors are projected to fuel demand for structural adhesives worldwide during the forecast period.
Buy Premium Research Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=60810<ype=S
Stringent Environmental Regulations in North America and Europe are Hampering the Structural Adhesives Market
Volatile organic compounds (VOC) emitted during the use of structural adhesives pose a threat to the environment. Several countries have set guidelines restricting the amount of VOCs emitted during the usage of structural adhesives in industries. Manufacturing operations are bound by regulations and rules with respect to evaluation, registration, storage, usage, handling, and transportation of certain substances and their emissions, effluents, and other wastes. Violation of these regulations is expected to lead to legal obligation in future business activities. These environment-related regulations restrain the demand for structural adhesives in the residential and non-residential construction sector, as violation of these government regulations is projected to attract heavy penalties. Rapid industrialization and urbanization have increased air pollution, which has affected the health of people across the globe. Several developing as well as developed countries are facing pressure from domestic and international regulatory bodies to formulate regulations and principles about control of VOC emissions in order to lower the levels of pollution. Air pollutants, such as VOCs, particulate matter, carbon monoxide, oxides of nitrogen, and sulfur dioxide, cause serious health hazards to agriculture and climate worldwide. VOCs are major air pollutants in urban areas. Emission standards have been fixed to facilitate the effective control of air pollution. These standards have set permissible limits that are formulated by organizations such as the Central Pollution Control Board, Ministry of Environment & Forests, Bureau of Indian Standards, World Health Organization, and National Emissions Inventory. The National Emissions Inventory is a combination of data collected from various sources, including the industrial sector, EPA models, and numerous state and local agencies.
Explore Transparency Market Research’s award-winning coverage of the global Industry: https://www.prnewswire.com/news-releases/with-constant-efforts-by-the-governments-to-reduce-the-emission-levels-across-the-globe-the-global-industrial-absorbents-market-shall-witness-a-consistent-growth-from-2019-to-2027-noted-tmr-301029551.html
Asia Pacific Dominates Global Structural Adhesives Market
Based on region, the global structural adhesives market has been classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. In terms of value and volume, Asia Pacific was a leading region of the global market in 2017. The market in the region is anticipated to expand at a rapid pace during the forecast period, owing to expansion in the automotive & construction industry and presence of major manufacturers of structural adhesives in the region. Europe and North America are significant consumers of structural adhesives. However, countries in the European Union are developing new policies that compel manufacturers to produce bio-based adhesives in order to reduce impact on the environment. These government policies are becoming increasingly stringent for manufacturers of structural adhesives. The structural adhesives market in Latin America is projected to expand at a sluggish to moderate pace during the forecast period, as demand for structural adhesives in these regions is anticipated to rise in the next few years, due to an expansion in the automotive industry in these regions.
High Degree of Competition among Players Operating in Structural Adhesives Market
The degree of competition among players operating in the structural adhesives market in the China is high, due to the presence of a large number of players producing structural adhesives in the country. Key players operating in the global structural adhesives market are Henkel AG & Co. KGaA, 3M, Sika AG, Huntsman International LLC, Illinois Tool Works Inc., H.B. Fuller, Ashland, DowDuPont, Bostik, and LORD Corporation.
Global Structural Adhesives Market, by Type
Global Structural Adhesives Market, by End-use Industry
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
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