# Structural Adhesives Market to Top US$ 16.1 Bn as Adoption of Lightweight Composites Burgeons within Automotive Sector: Future Market Insights
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2022-02-17
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Structural Adhesives Market Study: Trends & Growth
Meta Description: Discover insights on key micro & macro-economic indicators driving sales across segments in six regions. Request a sample report from FMI today!
URL: https://financedigest.com/structural-adhesives-market-to-top-us-16-1-bn-as-adoption-of-lightweight-composites-burgeons-within-automotive-sector-future-market-insightshtml

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_A detailed study published by [Future Market Insights](https://www.financedigest.com/global-identity-as-a-service-market-size-worth-us-135-0-billion-by-2033-at-a-30-4-cagr-future-market-insights-inc.html "Global Identity As A Service Market Size worth US$ 135.0 Billion by 2033 at a 30.4% CAGR | Future Market Insights, Inc.") (FMI) uncovers critical trends and opportunities facilitating the growth in the structural adhesives_ _market. The report emphasizes on highlighting key micro & macro-economic indicators_ _pushing sales across various segments in terms of product type and application across six regions for the upcoming decade._

[Future Market Insights](https://www.financedigest.com/kombucha-market-to-boom-at-a-lively-cagr-of-17-4-through-2033-emerging-demand-in-inventive-non-alcoholic-drinks-to-spur-the-market-future-market-insights-inc.html "Kombucha Market to Boom at a Lively CAGR of 17.4% through 2033: Emerging Demand in Inventive Non-Alcoholic Drinks to Spur the Market | Future Market Insights Inc. ") (FMI), Dubai:As per the latest survey by FMI, the [global structural adhesives market](https://www.futuremarketinsights.com/reports/structural-adhesives-market) **is estimated to top US$ 11.6 Bn in 2022**. Increasing applications of structural adhesives in lamination, flooring, roofing, and coating across the construction [sector are fueling](https://www.financedigest.com/big-ecb-hike-adds-fuel-to-the-banking-sector-fire.html "Big ECB hike adds fuel to the banking sector fire") the demand in the market.

Demand for fuel-efficient and electric vehicles is rapidly increasing across the world with increasing fuel costs. Hence, automotive manufacturers are emphasizing on using lightweight materials such as composites, plastic, and others to enhance the fuel efficiency of vehicles. As per FMI, the **[market is anticipated](https://www.financedigest.com/ready-mix-concrete-market-is-set-to-reach-a-valuation-in-excess-of-usd-61-7-billion-in-2032-future-market-insights-inc.html "Ready-mix Concrete Market is Set to Reach a Valuation in Excess of USD 61.7 Billion in 2032 | Future Market Insights, Inc.")**to reach US$ 16.1 Bn by 2028.

**Request a report sample to gain comprehensive insights at** [**https://www.futuremarketinsights.com/reports/sample/rep-gb-2667**](https://www.futuremarketinsights.com/reports/sample/rep-gb-2667)

As structural adhesives play a crucial role in bonding substrate materials such as plastic and composites, increasing demand for lightweight materials within the automotive sector is [projected to bolster the growth in the market](https://www.financedigest.com/reverse-logistics-market-is-projected-to-have-a-cagr-of-12-through-2032-future-market-insights-inc.html "Reverse Logistics Market is projected to have a CAGR of 12% through 2032 | Future Market Insights, Inc."). Driven by this, sales of structural adhesives are anticipated to rise at 5.6% CAGR between 2022 and 2028.

Further, growing usage of adhesives for structural bonding applications across the aerospace industry, owing to their outstanding performance qualities such as high heat resistance, impact-absorbing capacity, load-bearing capacity, and others is propelling the demand in the market.

This has assisted the [market to account for around 18% of the total adhesives and sealants sales](https://www.financedigest.com/advanced-packaging-market-to-exceed-us-61-3-billion-by-2033-as-sales-of-embedded-die-packaging-solutions-burgeons-globally.html "Advanced Packaging Market to Exceed US$ 61.3 Billion by 2033 as Sales of Embedded Die Packaging Solutions Burgeons Globally") in 2021.

Based on product type, the epoxy-based structural adhesives segment is projected to account for a significant share in the market through 2028. High flexibility, resistance to water, oil, and chemicals, and inertness compared to others adhesives are primary factors driving the growth in the segment.

_“Increasing government emphasis for promoting the adoption of electric vehicles and increasing number of massive renewable energy generation projects across developing economies are [expected](https://www.financedigest.com/premium-chocolate-market-is-expected-to-have-a-cagr-of-8-8-through-2032-future-market-insights-inc.html "Premium Chocolate Market is Expected to have a CAGR of 8.8% through 2032 | Future Market Insights Inc. ") to augment the growth in the market,”_ **says a FMI analyst**.

**Key Takeaways from** **Structural Adhesives** **Market Study**

- The U.S. is estimated to account for the largest share in North America market, owing to increasing adoption of structural adhesives across the construction sector.
- Europe is expected to hold nearly 26% of the overall sales through 2028, favored by surging demand for electric vehicles in Germany and the U.K.
- China is projected to emerge as the most attractive structural adhesives market in East Asia, accounting for around 27% of the total sales over the assessment period.
- India is [forecast to register swift growth in South Asia market](https://www.financedigest.com/workforce-management-market-is-forecast-to-be-worth-us-21-9-billion-by-2032-future-market-insights-inc.html "Workforce Management Market is forecast to be worth US$ 21.9 Billion by 2032 | Future Market Insights, Inc."), on the back of growing customer inclination towards fuel-efficient vehicles in the country.
- On the basis of product type, polyurethane is anticipated to remain the most sought-after adhesive, accounting for nearly 55% overall share between 2022 and 2028.

**For information on the Research Approach used in the Report@** [**https://www.futuremarketinsights.com/reports/structural-adhesives-market**](https://www.futuremarketinsights.com/reports/structural-adhesives-market)

**Key Drivers**

- Increasing use of structural adhesives for fabrication of automotive components such as doors, body panels, dashboard, and glass attachments are propelling the demand across the automotive industry.
- Growing number of infrastructure development activities such as airports, hotels, resorts, residential buildings, and others across India, China, and Brazil are favoring the growth across the construction sector.

**Key Restraints**

- Implementation of stringent regulation regarding the emission of volatile organic compounds (VOC) is restraining the growth in the market.
- Adverse effects associated with the structural adhesives such as shortness of breath, skin problems, fatigue, and dizziness are hindering the sales in the market.

**Competitive Landscape**

Key manufacturers in the global structural adhesives [market are investing](https://www.financedigest.com/2018-property-investment-market-to-be-harder-but-more-rewarding-experts-reveal.html "2018 property investment market to be “harder but more rewarding,” experts reveal") in research and development (R&D) activities for novel adhesives with better curing properties as per changing industry standards for diverse industry verticals.

For instance,

- In December 2021, Dymax, a leading curing and adhesives manufacturer, announced introducing a new adhesive specifically designed for electric vehicle battery assembly, 9501-F adhesive. The product has excellent bonding strength for fixing cylindrical battery cells to holders and plastic bases to create a complete battery pack structure.

- In June 2021, Solvay, an international chemical company, announced launching a new range of adhesives for applications across aerospace industry. The new adhesives – AeroPaste 1009, 1100, 1006, and BR 179 non-chromate primer – provide processing flexibility and increase part assembly efficiency.

**We Offer tailor-made Solutions to fit Your Requirements, Request Customization@** [https://www.futuremarketinsights.com/customization-available/rep-gb-2667](https://www.futuremarketinsights.com/customization-available/rep-gb-2667)

**Some of the key players operating in the market profiled by FMI are:**

- 3M Company
- Sika AG
- Henkel AG & Co. KGaA
- The Dow Chemical Company
- H.B.Fuller
- Scott Bader Co.
- Uniseal Inc.
- Huntsman Corporation
- Ashland Inc.
- Lord Corporation
- Illinois Tool Works Inc.
- Permabond LLC
- MAPEI
- Ardex

**More Valuable [Insights on](https://www.financedigest.com/home-sleep-screening-devices-market-is-set-to-exceed-us-11-4-billion-by-2032-get-insights-fmi.html "Home Sleep Screening Devices Market is set to exceed US$ 11.4 Billion by 2032 | Get Insights FMI")** **Structural Adhesives** **Market**

The latest report by FMI provides a detailed analysis of the global structural adhesives market, providing credible insights into key factor driving the [market through 2022 and beyond](https://www.financedigest.com/beyond-the-pill-strategy-to-be-the-centerpoint-of-high-content-screening-market.html "“Beyond the Pill” Strategy to be the CenterPoint of High Content Screening Market"). The study also disclosed growth projections on in structural adhesives market with detailed segmentation:

**By Product Type:**

- Epoxy-based Structural Adhesives
  - One Component
  - Two Component
- Acrylic-based Structural Adhesives
- Polyurethane-based Structural Adhesives
- Cyanoacrylates
- Others

**By Application:**

- Structural Adhesives for Transportation Sector
  - Structural Adhesives for Automotive Sector
  - Structural Adhesives for Aerospace Sector
  - Structural Adhesives for Marine Sector
- Structural Adhesives for Building & Construction Sector
- Structural Adhesives for Energy Sector
- Others

**By Region:**

- North America Structural Adhesives Market
- Latin America Structural Adhesives Market
- Europe Structural Adhesives Market
- East Asia Structural Adhesives Market
- South Asia & Pacific Structural Adhesives Market
- Middle East & Africa (MEA)Structural Adhesives Market

**For any Queries Linked with the Report, Ask an Analyst@** https://www.futuremarketinsights.com/ask-question/rep-gb-2667

**Key Questions Covered in the Report**

- The report offers [insight into structural adhesives market demand outlook for the forecast period](https://www.financedigest.com/freeze-dried-food-market-forecasted-to-grow-at-us-54-8-bn-accelerating-at-a-cagr-of-6-8-during-the-forecast-period-2022-to-2032-future-market-insights-inc.html "Freeze-Dried Food Market forecasted to grow at US$ 54.8 Bn, accelerating at a CAGR of 6.8% during the forecast period 2022 to 2032 | Future Market Insights Inc.") 2022-2028
- The market study also highlights projected sales growth for structural adhesives market between 2022 and 2028
- Structural adhesives market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
- Structural adhesives market share analysis, covering key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others

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### Insulation Boards Market: Global Insulation Boards Market, Asia pacific is anticipated to dominate the market and is expected to maintain its dominance throughout the forecast period

### **About [Future Market Insights](https://www.financedigest.com/flat-glass-market-is-projected-to-accelerate-at-a-cagr-of-5-2-to-top-us-8-8-billion-by-2032-future-market-insights-inc.html "Flat Glass Market is Projected to Accelerate at a CAGR of 5.2% to top US$ 8.8 Billion by 2032 | Future Market Insights, Inc.") (FMI)**

[Future Market Insights](https://www.financedigest.com/isoprene-rubber-latex-market-is-estimated-to-register-growth-at-8-1-cagr-between-2021-and-2031-study-by-future-market-insights.html " Isoprene Rubber Latex Market is estimated to register growth at 8.1% CAGR between 2021 and 2031, Study By Future Market Insights") (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. [FMI](https://www.futuremarketinsights.com/) is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest [market research reports](https://www.futuremarketinsights.com/reports) and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated [market research reports deliver actionable insights](https://www.financedigest.com/dietary-supplements-market-is-anticipated-to-reach-a-valuation-of-us-350-96-billion-by-2032-future-market-insights-inc.html "Dietary Supplements Market is Anticipated to Reach a Valuation of US$ 350.96 Billion by 2032 | Future Market Insights Inc.") that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

**Contact:**

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**Report:** [https://www.futuremarketinsights.com/reports/structural-adhesives-market](https://www.futuremarketinsights.com/reports/structural-adhesives-market)

**Press Release Source:** [https://www.futuremarketinsights.com/press-release/structural-adhesives-market](https://www.futuremarketinsights.com/press-release/structural-adhesives-market)


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