Engineering Adhesive Trends and Forecast
The future of the global engineering adhesive market looks promising with opportunities in the transportation, construction, electrical & electronic, and energy markets. The global engineering adhesive market is expected to reach an estimated $33.5 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are growing demand for lightweight and fuel-efficient vehicles in the automotive industry and increasing awareness and emphasis on sustainable and eco-friendly packaging solutions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Engineering Adhesive by Segment
The study includes a forecast for the global engineering adhesive by product type, end use, and region.
Engineering Adhesive Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Epoxy
• Polyurethanes
• Cyanoacrylates
• Methacrylates
• Others
Engineering Adhesive Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Transportation
• Construction
• Electrical & Electronics
• Energy
• Others
Engineering Adhesive Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Engineering Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies engineering adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the engineering adhesive companies profiled in this report include-
• Henkel
• HB Fuller
• 3M
• Permabond
• Dymax Corporation
Engineering Adhesive Market Insights
Lucintel forecasts that epoxy will remain the largest segment over the forecast period.
Within this market, transportation will remain the largest segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Engineering Adhesive Market
Market Size Estimates: Engineering adhesive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Engineering adhesive market size by product type, end use, and region in terms of value ($B).
Regional Analysis: Engineering adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, end uses, and regions for the engineering adhesive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the engineering adhesive market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the engineering adhesive market size?
Answer: The global engineering adhesive market is expected to reach an estimated $33.5 billion by 2030.
Q2. What is the growth forecast for engineering adhesive market?
Answer: The global engineering adhesive market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the engineering adhesive market?
Answer: The major drivers for this market are growing demand for lightweight and fuel-efficient vehicles in the automotive industry and increasing awareness and emphasis on sustainable and eco-friendly packaging solutions.
Q4. What are the major segments for engineering adhesive market?
Answer: The future of the engineering adhesive market looks promising with opportunities in the transportation, construction, electrical & electronic, and energy markets.
Q5. Who are the key engineering adhesive market companies?
Answer: Some of the key engineering adhesive companies are as follows:
• Henkel
• HB Fuller
• 3M
• Permabond
• Dymax Corporation
Q6. Which engineering adhesive market segment will be the largest in future?
Answer: Lucintel forecasts that epoxy will remain the largest segment over the forecast period.
Q7. In engineering adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the engineering adhesive market by product type (epoxy, polyurethanes, cyanoacrylates, methacrylates, and others), end use (transportation, construction, electrical & electronics, energy, 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?
For any questions related to Engineering Adhesive Market, Engineering Adhesive Market Size, Engineering Adhesive Market Growth, Engineering Adhesive Market Analysis, Engineering Adhesive Market Report, Engineering Adhesive Market Share, Engineering Adhesive Market Trends, Engineering Adhesive Market Forecast, Engineering Adhesive Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.