Engineering Adhesives Market Size, Share & Trends Analysis Report; By Product (Epoxies, Polyurethanes, Cyanoacrylates, Methacrylates); By Application; By Region, And Segment Forecasts, 2019 - 2025

Published: Sep, 2019 | Pages: 185 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global engineering adhesives market size is expected to reach USD 31.67 billion by 2025, according to a new report by Grand View Research, Inc. registering a CAGR of 7.2% over the forecast period. Increased focus on renewable energy mainly from the wind sector is anticipated to create new avenues for industry participants.

Engineering adhesives have a high demand in battery and storage systems, blades and other renewable applications. Many governments have started adopting new policies and schemes to improve energy output from the renewable sector. This is likely to benefit engineering adhesives demand over the coming years. China is one of the leading consumers of energy and also contributes heavily to global pollution. This has led to increasing the renewable energy capacity in the country. As per data published by the Global Wind Energy Council, China's onshore installed capacity for wind sector accounted for 21,200 MW in 2018 which is highest in the global market.

Industry participants are looking for new regional markets through expansion and various inorganic growth strategies. For instance, recently in March 2019 H. B. Fuller announced its expansion in Japan. The company has established as H.B. Fuller Japan G.K. This strategy will help the company to strengthen its business in the regional market by focusing on new applications and reactive adhesives.

The automotive industry is one of the largest consumers of bonding products in the global market. Continuous production along with a focus on weight reduction in vehicles is likely to contribute to the demand of products. Advancement in technology has assisted in the production of innovative adhesive products where they can replace mechanical fasteners.

Electrical & electronics segment is anticipated to grow at a lucrative pace during the forecast period. Demand from computers, laptops, smartphones, and consumer electronic products are the key driving factors for the industry. Applications such as potting and masking in electronics require various type of products with electrical properties. The demand for such products is likely to surge owing to the growing population and increasing income levels.

Asia Pacific is projected to witness significant demand for the products. Manufacturers are also shifting their production facilities in emerging countries including China, Taiwan, India, Philippines, and Indonesia. Shifting trend towards lightweight vehicles is anticipated to remain a key driver for the regional market.

Further key findings from the report suggest:

• In terms of volume, epoxies has emerged as the largest application in 2018 on account of growing penetration and increasing demand from end-use industries

• In terms of revenue, polyurethanes segment is anticipated to grow at pace of 7.5% over the next seven years. Demand for bonding in substrates such as metal, wood and glass is likely to assist the market growth

• In terms of revenue, energy application is projected to grow at fastest CAGR of 8.2% during forecast period. The growth of the segment is attributed to increasing installed capacity for wind energy

• North America was valued at USD 4.37 billion in 2018. Growing production of electronics and aircraft industries is likely to benefit the engineering adhesive market

• Asia Pacific held 47.8% share in 2018 in terms of volume and is anticipated to grow at a lucrative pace on account of expansion of end-use industries such as electronics, automotive, and construction

• Inorganic growth is one of the key strategy for market vendors. They are focusing on increasing production capacities mainly in emerging countries. Another focus area is new product development and increase in R&D investments. Key players in the industry includes 3M, H.B. Fuller, Henkel AG, Huntsman Corporation, Ashland and Permabond LLC.

 Table of Contents

Chapter 1 Methodology and Scope
                    1.1 Market segmentation & scope
                    1.2 Market definition
                    1.3 List of data sources
                    1.4 Information procurement
                    1.5 Information analysis
                    1.6 Market formulation & data visualization
                    1.7 Data validation & publishing
Chapter 2 Executive Summary
                    2.1 Market outlook
                    2.2 Segmental outlook
                    2.3 Competitive Insights
Chapter 3 Engineering Adhesive Market Variables, Trends, & Scope
                    3.1 Market outlook
                        3.1.1 Global adhesives market
                    3.2 Penetration & growth prospect mapping
                    3.3 Industry value chain analysis
                        3.3.1 Manufacturing trends
                        3.3.2 Sales channel analysis
                        3.3.4 Vendor selection criteria analysis
                    3.4 Regulatory framework
                    3.5 Market Dynamics
                        3.5.1 Market Driver Analysis
                            3.5.1.1 Growth of global electronics sector
                            3.5.1.2 Increasing demand from automotive sector
                        3.5.2 Market restraint analysis
Chapter 4 Engineering Adhesive Market: Product Estimates & Trend Analysis
                    4.1 Definition & scope
                    4.2 Product movement analysis & market share, 2018 & 2025
                    4.3 Epoxies
                        4.3.1 Market estimates and forecasts by epoxies, 2014 - 2025 (Kilotons) (USD million)
                    4.4 Polyurethanes
                        4.4.1 Market estimates and forecasts by polyurethanes, 2014 - 2025 (Kilotons) (USD million)
                    4.5 Cyanoacrylates
                        4.5.1 Market estimates and forecasts by cyanoacrylates, 2014 - 2025 (Kilotons) (USD million)
                    4.6 Methacrylates
                        4.6.1 Market estimates and forecasts by methacrylates, 2014 - 2025 (Kilotons) (USD million)
                    4.7 Others
                        4.7.1 Market estimates and forecasts by others, 2014 - 2025 (Kilotons) (USD million)
Chapter 5 Engineering Adhesive Market: Application Estimates & Trend Analysis
                    5.1 Definition & scope
                    5.2 Application movement analysis & market share, 2018 & 2025
                    5.3 Transporation
                        5.3.1 Market estimates and forecasts in transportation 2014 - 2025 (Kilotons) (USD million)
                    5.4 Construction
                        5.4.1 Market estimates and forecasts in construction, 2014 - 2025 (Kilotons) (USD million)
                    5.5 Electrical & electronics
                        5.5.1 Market estimates and forecasts in electrical & electronics 2014 - 2025 (Kilotons) (USD million)
                    5.6 Energy
                        5.6.1 Market estimates and forecasts in energy 2014 - 2025 (Kilotons) (USD million)
                    5.7 Others
                        5.7.1 Market estimates and forecasts in other applications , 2014 - 2025 (Kilotons) (USD million)
Chapter 6 Engineering Adhesive: Regional Estimates & Trend Analysis
                    6.1 Regional market snapshot
                    6.2 Definition & scope
                    6.3 Regional movement analysis, 2018 & 2025
                    6.4 North America
                        6.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                        6.4.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                        6.4.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.4.4 U.S.
                            6.4.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.4.4.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.4.4.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.4.5 Canada
                            6.4.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.4.5.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.4.5.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.4.6 Mexico
                            6.4.6.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.4.6.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.4.6.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                    6.5 Europe
                        6.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                        6.5.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                        6.5.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.5.4 Germany
                            6.5.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.5.4.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.5.4.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.5.5 UK
                            6.5.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.5.5.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.5.5.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                    6.6 Asia Pacific
                        6.6.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                        6.6.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                        6.6.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.6.4 China
                            6.6.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.6.4.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.6.6.2 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.6.5 India
                            6.6.5.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.6.5.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.6.5.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.6.6 Japan
                            6.6.6.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.6.6.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.6.6.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                    6.7 Central & South America
                        6.7.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                        6.7.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                        6.7.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                        6.7.4 Brazil
                            6.7.4.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                            6.7.4.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                            6.7.4.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
                    6.8 Middle East & Africa
                        6.8.1 Market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
                        6.8.2 Market estimates and forecasts, by product 2014 - 2025 (Kilotons) (USD Million)
                        6.8.3 Market estimates and forecasts, by application 2014 - 2025 (Kilotons) (USD Million)
Chapter 7 Competitive Analysis
                    7.1 Key global players & recent developments & their impact on the industry
                    7.2 List of key players/suppliers in the industry
                    7.3 List of key end users
                    7.4 SWOT, by top players
Chapter 8 Company Profiles
                    8.1 H.B Fuller
                        8.1.1 Company Overview
                        8.1.2 Financial performance
                        8.1.3 Product benchmarking
                        8.1.4 Strategic initiatives
                    8.2 3M
                        8.2.1 Company OvervieW
                        8.2.2 Financial performance
                        8.2.3 Product benchmarking
                        8.2.4 Strategic initiatives
                    8.3 Dow
                        8.3.1 Company Overview
                        8.3.2 Financial Performance
                        8.3.3 Product Benchmarking
                        8.3.4 Strategic Initiatives
                    8.4 Permabond LLC
                        8.4.1 Company Overview
                        8.4.2 Product Benchmarking
                        8.4.4 Strategic Initiatives
                    8.5 Henkel AG & Co. KGaA
                        8.5.1 Company Overview
                        8.5.2 Financial Performance
                        8.5.3 Product Benchmarking
                        8.5.4 Strategic Initiatives
                    8.6 Dymax Corporation
                        8.6.1 Company Overview
                        8.6.2 Financial Performance
                        8.6.3 Product Benchmarking
                        8.6.4 Strategic Initiatives
                    8.7 Huntsman Corporation
                        8.7.1 Company Overview
                        8.7.2 Financial Performance
                        8.7.3 Product Benchmarking
                        8.7.4 Strategic Initiatives
                    8.8 Winroy Industrial Polymers Ltd
                        8.8.1 Company Overview
                        8.8.2 Product Benchmarking
                    8.9 Ashland
                        8.9.1 Company Overview
                        8.9.2 Financial performance
                        8.9.3 Product benchmarking
                        8.9.4 Strategic initiatives
                    8.10 Lord Corporation
                        8.10.1 Company Overview
                        8.10.2 Financial performance
                        8.10.3 Product benchmarking
                        8.10.4 Strategic initiatives

List of Tables

Table 1 Engineering adhesive market estimates and forecasts by epoxies, 2014 - 2025 (Kilotons) (USD Million)
Table 2 Engineering adhesive market estimates and forecasts by polyurethanes, 2014 - 2025 (Kilotons) (USD Million)
Table 3 Engineering adhesive market estimates and forecasts by cyanoacrylates, 2014 - 2025 (Kilotons) (USD Million)
Table 4 Engineering adhesive market estimates and forecasts by methacrylates, 2014 - 2025 (Kilotons) (USD Million)
Table 5 Engineering adhesive market estimates and forecasts by others, 2014 - 2025 (Kilotons) (USD Million)
Table 6 Engineering adhesive market estimates and forecasts by transportation, 2014 - 2025 (Kilotons) (USD Million)
Table 7 Engineering adhesive market estimates and forecasts by construction, 2014 - 2025 (Kilotons) (USD Million)
Table 8 Engineering adhesive market estimates and forecasts by electrical & electronics, 2014 - 2025 (Kilotons) (USD Million)
Table 9 Engineering adhesive market estimates and forecasts by energy, 2014 - 2025 (Kilotons) (USD Million)
Table 10 Engineering adhesive market estimates and forecasts by others, 2014 - 2025 (Kilotons) (USD Million)
Table 11 North America engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 12 North America engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (Kilotons)
Table 13 North America engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 14 North America engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
Table 15 North America engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 16 U.S. engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 17 U.S. engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 18 U.S. engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 19 U.S. engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 20 U.S. engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 21 Canada engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 22 Canada engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 23 Canada engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 24 Canada engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 25 Canada engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 26 Mexico engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 27 Mexico engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 28 Mexico engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 29 Mexico engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 30 Mexico engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 31 Europe engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 32 Europe engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (Kilotons)
Table 33 Europe engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 34 Europe engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
Table 35 Europe engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 36 Germany engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 37 Germany engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 38 Germany engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 39 Germany engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 40 Germany engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 41 UK engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 42 UK engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 43 UK engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 44 UK engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 45 UK engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 46 Asia Pacific engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 47 Asia Pacific engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (Kilotons)
Table 48 Asia Pacific engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 49 Asia Pacific engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
Table 50 Asia Pacific engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 51 China engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 52 China engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 53 China engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 54 China engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 55 China engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 56 India engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 57 India engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 58 India engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 59 India engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 60 India engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 61 Japan engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 62 Japan engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 63 Japan engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 64 Japan engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 65 Japan engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 66 Central & South America engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 67 Central & South America engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (Kilotons)
Table 68 Central & South America engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 69 Central & South America engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
Table 70 Central & South America engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 71 Brazil engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 72 Brazil engineering adhesive market estimates and forecasts, by product 2014 - 2025 (Kilotons)
Table 73 Brazil engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 74 Brazil engineering adhesive market estimates and forecasts, by application 2014 - 2025 (Kilotons)
Table 75 Brazil engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)
Table 76 Middle East & Africa engineering adhesive market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
Table 77 Middle East & Africa engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (Kilotons)
Table 78 Middle East & Africa engineering adhesive market estimates and forecasts, by product, 2014 - 2025 (USD Million)
Table 79 Middle East & Africa engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (Kilotons)
Table 80 Middle East & Africa engineering adhesive market estimates and forecasts, by application, 2014 - 2025 (USD Million)

List of Figures

Fig. 1 Engineering adhesive market segmentation
Fig. 2 Information procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market outlook
Fig. 7 Product segment outlook
Fig. 8 Application segment outlook
Fig. 9 Competitive insights
Fig. 10 Engineering adhesive market volume & revenue, 2014 - 2025, (Kilotons) (USD Million)
Fig. 11 Value chain analysis
Fig. 12 Engineering adhesive market: Product movement analysis, 2018 & 2025
Fig. 13 Engineering adhesive market: Application movement analysis, 2018 & 2025
Fig. 14 Engineering adhesive market: Regional snapshot
Fig. 15 Engineering adhesive market: Regional movement analysis, 2018 & 2025
Fig. 16 SWOT, by top players