Metal Bonding Adhesives Market Global Industry 2020 provide a valuable source of insightful data for business strategists and competitive analysis. It provides the Metal Bonding Adhesives industry overview with growth analysis and futuristic cost, revenue, demand and supply data.
Market Definition :
Metal Bonding Adhesives Market are the high performance joining materials used to attach two metal substrates together. Metal bonding adhesives are used instead of conventional fasteners and welds used in automotive and industrial equipment industries.
Metal bonding adhesives are the high strength joining materials used to attach metal substrates together. They create smooth bonds between two substrates and are characterized by mechanical and temperature resistivity.
Metal bonding adhesives evenly distribute the stress upon the entire surface area in order to reduce stress as single location. This increases the stress bearing capacity of the metal surfaces. Metal bonding adhesives are used in some of the prominent industries which include, automotive & transportation, industrial equipment, and consumer appliances.
Key Players :
- Henkel AG & Co KgaA
- The 3M Company, Sika AG
- The Dow DuPont
- Arkema S.A
- Solvay SA
- Lord Corporation
- DELO Industrie Klebstoffe GmbH
- Parson Adhesives
Segmental Analysis :
The global metal bonding adhesives market is segmented on the basis of type, application, and region. Based on type, global metal bonding adhesives market is segmented as epoxy, acrylic, polyurethane, and other. Epoxy is the most prominent product type followed by acrylic adhesives. Epoxy based metal bonding adhesives are the widely preferred in end-use industries, owing to their durability, mechanical strength and other properties. Acrylic based metal bonding adhesives are witnessing high growth, owing to increasing product development by the manufacturers.
On the basis of application, global metal bonding adhesives is classified as automotive & transportation, industrial equipment, and consumer appliances. Among these applications, automotive and transportation is the largest and fastest growing application of the global metal bonding adhesives market. Exterior panels and panel bonding are the top applications within automotive application. Largest share in automotive and transportation is attributed to the high use of metal bonding adhesives in automotive and transportation.
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Intended Audiences :
- High temperature coatings manufacturers
- Traders and Distributors of high temperature coatings
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Regional Analysis :
Global Metal Bonding Adhesives Market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Automotive production in Asia Pacific region is growing as the fastest rate. This is creating additional demand for the metal bonding adhesives manufacturers.
Among these markets, Asia Pacific is the largest and fastest growing market, owing to the increasing automotive production in China and India. More specifically, production of passenger cars is increasing at a rapid space in the region. With 21 million passenger cars produced in 2015, China is the largest passenger car vehicles producer in the region.
North American market is witnessing constant growth, owing to stable investment in the U.S. construction industry. Additionally, automotive production in the region is constantly restructuring to its previous growth rate. Growing construction and infrastructure spending in Europe region is fueling metal bonding adhesives demand in the industrial equipment application.
Middle East & Africa is estimated to be the fastest growing region, after Asia Pacific. This growth is attributed to the increasing manufacturing activities in the region