The global Epoxy Adhesives market size is expected to reach USD 11,631 million by 2026 according to a new study by Polaris Market Research. The report “Epoxy Adhesives Market Share, Size, Trends, Industry Analysis Report, By End-User (Defense and Aerospace, Construction, Automotive, Energy and Power, Marine, Electrical & Electronics, and Others); By Product Type (One-Component, Two-Component, Others); By Regions; Segment Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Epoxy is increasingly being used as a structural adhesive across diverse industries. Epoxy adhesives offer high shear strength while bonding efficiently to a wide range of substrates such as wood, glass, and metal. These adhesives provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength. Epoxy adhesives can be altered and modified to deliver a wide range of properties and offer customized solutions in the market. Toughened epoxy adhesives are being used in automotive, construction, and aerospace industry owing to need for greater strength and chemical resistance.
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The different types of epoxy adhesives include One-Component, and Two-Component. The demand for one-component epoxy adhesives is expected to increase significantly during the forecast period. One-component epoxy adhesives are cured at temperatures between 250-300°F, which offers superior adhesion properties, high strength, and greater environmental and chemical resistance. They are usually applied through trowel or extrusion by beads, and are capable of filling and sealing gaps between surfaces efficiently. Currently in the global Epoxy Adhesives industry, companies, manufacturers, private organizations are collaborating to expand and cater to wider applications and develop advanced technologies.
Epoxy Adhesives are used in diverse industries such as defense and aerospace, construction, automotive, energy and power, marine, electrical & electronics, and others. The construction segment accounted for the highest share in 2019. However, the energy and power segment is expected to grow at a significant rate during the forecast period. The increasing environmental awareness coupled with government initiatives is encouraging consumers to turn towards solar, wind, hydropower and fuel cells. Use of epoxy adhesives enable these renewable systems to withstand harsh environments, extreme temperatures, chemicals abrasion and mechanical stresses.
Asia Pacific dominated the global market in 2019 and is expected to maintain its dominance over the forecast period. Rising industrial growth, urbanization, and growth in the automotive sector supports market growth in this region. Increasing applications in construction, defense and aerospace, and marine industries further increases the demand of epoxy adhesives in Asia-Pacific. Increasing demand for miniaturized and high performing electronics coupled with increasing awareness regarding adoption of electric vehicles fuels growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.
The market is characterized by established companies and large giants. Owing to technological advancements, and greater need to cater to customer requirements, companies are collaborating in order to strengthen market presence and gain market share. Broadening of product portfolio is another trend that is visible in the industry. Some of the major market participants include DowDuPont, Sika AG, Huntsman Corporation, Ashland Inc., 3M Company, Lord Corporation, Illinois Tool Works Incorporation, Henkel AG, AdCo UK Limited, Benson Polymers Ltd, 3M Co., Adhesive Technologies Corp., H.B. Fuller, American Chemical Inc., DELO Industrial Adhesives, Collano Adhesives AG, and Alfa International Corporation among others.
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The global Epoxy Adhesives market size is expected to reach USD 11,631 million by 2026 according to a new study by Polaris Market Research.
Epoxy is increasingly being used as a structural adhesive across diverse industries.
These adhesives provide minimal shrinkage, superior thermal and chemical resistance, and cohesive strength.
Epoxy adhesives can be altered and modified to deliver a wide range of properties and offer customized solutions in the market.
Rising industrial growth, urbanization, and growth in the automotive sector supports market growth in this region.
Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries.
The global magnetite nanoparticles market size was valued at USD 43.9 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 10.3% from 2019 to 2027.
Get Free Sample Copy @ https://www.marketstatsville.com/request-sample/magnetic-nanoparticles-market Segments Covered in the Report This report forecasts revenue growth at global, regional, and country levels and analyzes the industry trends in each of the sub-segments from 2014 to 2025.
Furthermore, rapid developments in the electronics industry on increasing demand for high-tech products are likely to impact the product demand over the forecast period positively.The energy segment was valued at USD 2.8 million in 2018 owing to the increasing utilization of the product in photovoltaic film coatings, batteries, and fuel cells.
Get full report in 24 hours in your inbox @ https://www.marketstatsville.com/magnetic-nanoparticles-market Regional Insights The North American economy is characterized by high diversity due to major developed and advanced economies such as the U.S. and Canada.
Increasing adoption of magnetite nanoparticles for diagnosis and treatment of various medical conditions such as cancer and brain tumor is expected to augment their demand in biomedical applications in Europe.The substantial growth of the electronics industry in the Asia Pacific due to the presence of notable semiconductor industry is expected to positively impact the demand for magnetite nanoparticles in electronics applications over the forecast period.
Market players are offering customized products to sustain the market competition.For instance, Strem Chemicals, Inc. and American Elements provide magnetite nanoparticles with standard and customized technical specifications to better serve customer needs.
