Lucintel Forecasts the Global Two Part Adhesive Market $9.9 billion by 2030
Lucintel Forecasts the Global Two Part Adhesive Market $9.9 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global two part adhesive market looks promising with opportunities in the automotive, construction, electronics, and aviation markets. The global two part adhesive market is expected to reach an estimated $9.9 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are growing adoption of bio-based and water-based adhesives and rising demand for advanced adhesive solutions in industries such as automotive, construction, and electronics.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in two part adhesive market to 2030 by resin type (polyurethane, epoxy, MMA, silicone, and others), application (automotive, construction, electronics, aviation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, polyurethane, epoxy, MMA, and silicone are the major segments of two part adhesive market by resin type. Lucintel forecasts that polyurethane will remain the largest segment over the forecast period due to its various qualities, such as resistance to moisture, oil, and lubricant, a broad resilience spectrum, cohesive and adhesive.
Within this market, automotive will remain the largest segment over the forecast period.
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North America is expected to witness highest growth over the forecast period due to rising demand for construction activities and presence of key players in the region.
Dow Chemical Company, Eastman Chemical Company, Evonik Industries, Exxonmobil Chemical, and H.B. Fuller are the major suppliers in the two part adhesive market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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