Structural adhesives
The global structural adhesives market grew to USD ~18.3 billion in 2016 with the CAGR of ~7.9% from 2016 to 2022.
High demand for lightweight metals and composites in applications such as automotive, transportation, building and construction and furniture are expected to fuel continued demand of structural adhesives.
Increasing government spending in public infrastructure and commercial buildings is likely to drive the demand for structural adhesive in construction applications such as window panels, roofing, and wall coverings. Changing consumer lifestyle with changing trends in furniture designs for building and construction applications is also likely to boost demand. However, fluctuation in raw material prices and strict environmental regulations may hamper the market.
Structural adhesive used in automotive can provide better adhesion between distinct substrates such as steel and plastics. These composites are used in doors, window glass attachments, brakes and clutch plates and so on. High demand for passenger cars in countries such as China and India, is expected to impact on market growth.
Water based structural adhesive are largely used in rigid joining such as furniture panels, automotive assembly, joint cements and household appliances. Stringent regulations regarding the presence of volatile organic compound (VOC) in solvent based adhesives has positively impacted on this market.
The structural adhesive market is segmented into product types such as epoxy, acrylic, cyanoacrylate, urethanes and others:
- Urethane adhesive are lower cost and are preferable with respect to elastic bonding in applications such as automotive and construction.
- Cyanoacrylic adhesives are expected to see high growth due to their low toxicity and faster setting.
- Epoxy adhesives provide high strength and temperature resistance which enhance the rigidity and reduce noise of automotive components such as turbines and blades.
Asia Pacific accounts for the largest market share due to rapid industrialisation and growing demand from the construction and furniture industries. China, India, Thailand and Indonesia are the fastest growing regions due to government tax incentives, subsidies and easy availability of raw materials and labour. North America is expected to see limited growth due to the slow growth of industries post-recession.
The key players in this segment are 3M Company, The Dow Chemical Company, Ashland Inc., SIKA AG, Henkel AG & Co., Lord Corporation, Scott Bader Company, Arkema S.A., Hubei Huitian Adhesive Enterprise Co., Ried B.V. Co. and others.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Plumbing and heating systems in schools
New apprentice pay rates coming into effect in the new year
Addressing the impact of recent national minimum wage changes.
EBSSA support for the new industry competence structure
The Engineering and Building Services Skills Authority, in working group 2.
Notes from BSRIA Sustainable Futures briefing
From carbon down to the all important customer: Redefining Retrofit for Net Zero Living.
Principal Designer: A New Opportunity for Architects
ACA launches a Principal Designer Register for architects.
A new government plan for housing and nature recovery
Exploring a new housing and infrastructure nature recovery framework.
Leveraging technology to enhance prospects for students
A case study on the significance of the Autodesk Revit certification.
Fundamental Review of Building Regulations Guidance
Announced during commons debate on the Grenfell Inquiry Phase 2 report.
CIAT responds to the updated National Planning Policy Framework
With key changes in the revised NPPF outlined.
Councils and communities highlighted for delivery of common-sense housing in planning overhaul
As government follows up with mandatory housing targets.
CIOB photographic competition final images revealed
Art of Building produces stunning images for another year.
HSE prosecutes company for putting workers at risk
Roofing company fined and its director sentenced.
Strategic restructure to transform industry competence
EBSSA becomes part of a new industry competence structure.
Major overhaul of planning committees proposed by government
Planning decisions set to be fast-tracked to tackle the housing crisis.
Industry Competence Steering Group restructure
ICSG transitions to the Industry Competence Committee (ICC) under the Building Safety Regulator (BSR).
Principal Contractor Competency Certification Scheme
CIOB PCCCS competence framework for Principal Contractors.
The CIAT Principal Designer register
Issues explained via a series of FAQs.