Chemical

According to a market report by Lucintel, the future of cyanoacrylate adhesives in speciality adhesive market looks promising with opportunities in the transportation, footwear’s and leather, furniture, consumer goods, healthcare, and electronic markets. Cyanoacrylate adhesive in the global speciality adhesive market is expected to reach an estimated $2.8 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are increasing application of cyanoacrylate adhesives in the medical industry and growing usage in the furniture industry owing to its excellent durability and weather resistance properties.



In this market, alkoxy ethyl-based, ethyl ester-based, and methyl ester-based are the major segments of cyanoacrylate adhesives in the speciality adhesive market by product type. Lucintel forecasts that ethyl ester-based will remain the largest segment over the forecast period due to increasing usage in automotive and other industry applications and the expanding product portfolio of prominent players.



Within this market, healthcare is expected to remain the largest segment due to increasing application of cyanoacrylate adhesives in the production of surgical and medical device owing to its superior adhesion properties.



APAC will remain the largest region due to growing demand from medical, household, and industrial sectors in the region.

3M, Aica Kogyo Co., Arkema Group, H.B. Fuller Company, and Henkel AG & Co. KGaA are the major suppliers in cyanoacrylate adhesives in the global speciality adhesive market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for cyanoacrylate adhesives in the global speciality adhesive market by product type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Cyanoacrylate Adhesives in the Global Speciality Adhesive Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for cyanoacrylate adhesives in the global speciality adhesive market by product type, application, and region, as follows:

 

This more than 150-page 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 email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel 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. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for cyanoacrylate adhesives in the speciality adhesive market by product type (alkoxy ethyl-based, ethyl ester-based, methyl ester-based, and others), application (transportation, footwears and leather, furniture, consumer goods, healthcare, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?  

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?