Composite Adhesive Market Development Strategies, SWOT Analysis, and Trends till 2032
high cost of raw materials, scarcity of experienced labor, and intricate production procedures, are major factors, which could restrain market revenue growth.
Rising demand for lightweight and high-performance
materials in various end-use industries, including aerospace, automotive, and
construction, is a major factor driving market revenue growth. Composite
adhesives have a number of advantages in comparison to conventional fastening
techniques such as welding, riveting, and bolting. These benefits include
increased design flexibility, improved strength and durability, and decreased
weight, which improves the fuel efficiency of vehicles and aircraft.
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Competitive Landscape:
The global composite adhesive market is highly
fragmented, with several large and medium-sized players accounting for a
majority of market revenue. Major players are implementing various strategies,
such as mergers & acquisitions, strategic agreements & contracts,
developing, testing, and introducing more effective products to gain a
competitive edge. Some of the major companies included in the global composite
adhesive market report are:
- Henkel AG & Co. KGaA
- 3M
- Sika AG
- Dow Chemical Company
- Huntsman Corporation
- LORD Corporation
- AkzoNobel N.V.
- Arkema Group
- Bostik
- Permabond LLC
Key questions addressed in the report:
·
What
is the expected market size of the global Composite Adhesive market during the
forecast period?
·
What
CAGR is the global market expected to register during the forecast period?
·
Which
key factors are expected to boost global market growth between 2021 and 2028?
·
What
are the key restraints that are expected to hamper global market growth?
·
Which regional market is
expected to register robust CAGR during the forecast period?
·
Which
key players are operating the global Composite Adhesive market?
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Composite Adhesive Market Segmentation:
Type Outlook:
- Epoxy
- Polyurethane
- Acrylic
- Silicone
- Others
By Application Outlook:
- Automotive
& Transportation
- Aerospace
& Defense
- Wind
Energy
- Marine
- Construction
- Others
Key Regional Markets Covered in the Report:
·
North America (U.S.A.,
Canada, Mexico)
·
Europe (Italy, U.K.,
Germany, France, Rest of Europe)
·
Asia Pacific (India,
China, Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile,
Brazil, Argentina, Peru, Rest of Latin America)
·
Middle East & Africa
(Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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