Specialty Adhesives Market By Product (Cyanoacrylates, Polyvinyl Acetate, Polyurethanes, Acrylic, Other), By End-Use Industry (Aerospace, Automotive, Construction, Marine, Other): Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Specialty Adhesives Market," The specialty adhesives market was valued at $4.7 billion in 2022, and is estimated to reach $7.3 billion by 2032, growing at a CAGR of 4.7% from 2023 to 2032.

A specialty adhesive refers to a type of adhesive that is formulated and designed for specific, specialized, or unique applications. Specialty adhesives are developed to address particular challenges, materials, or conditions in various industries and sectors. These adhesives show off characteristics and properties tailor-made to meet particular requirements such as severe temperatures, excessive stress, chemical resistance, flexibility, optical clarity, electrical conductivity, or compatibility with sure materials.

Specialty adhesives are commonly used in fields such as aerospace, automotive, electronics, healthcare, construction, textiles, and more. They play a vital position in facilitating the assembly, bonding, or becoming a member of of materials in situations where wellknown adhesives might also now not furnish adequate performance. The formula and homes of specialty adhesives are cautiously engineered to make certain most reliable results in their intended applications.

Specialty adhesives are integral in the building and building industry, addressing particular challenges and applications. They supply robust bonds between diverse materials, necessary for infrastructure tasks in rapidly urbanizing economies such as the U.S., China, and India. This has elevated government spending on the constructing & development sector to strengthen a range of upcoming infrastructure projects. For instance, according to National Investment Promotion and Facilitation Agency, infrastructure activities accounted for 13% share of the complete overseas direct investment (FDI) inflows in 2021. Specialty adhesives are used in areas such as pipelines, concrete floors, hospitals, and warehouses for floor protection, cloth reinforcement, and corrosion resistance. These factors are expected to gas the demand for specialty adhesives in the developing constructing & development sector.

However, specialty adhesives are designed for precise construction needs, even though their complex method and manufacturing lead to greater expenses as compared to popular adhesives. These adhesives frequently include unique uncooked substances and require strict best control, contributing to increased expenses. In addition, specialty adhesives have confined shelf lives, in particular those with reactive components, as they can degrade over time, which impacts performance. All these factors bog down the increase of the market all through the forecast period.

Growing environmental focus and the want for more responsible manufacturing and development practices propel the demand for sustainable, eco-friendly adhesives. These adhesives, used in various sectors such as packaging, construction, and healthcare, prioritize minimal environmental influence by way of renewable resources, biodegradable materials, and low VOC content. This shift aligns with eco-friendly desires and stricter regulations, decreasing carbon footprints and improving corporate social responsibility. All these elements are predicted to offer new growth opportunities for uniqueness adhesives throughout the forecast period.

The specialty adhesives market share is segmented on the basis of product, end-use industry, and region. By product, the market is divided into cyanoacrylates, polyvinyl acetate, polyurethanes, acrylic, and others. The different phase consisting of epoxy adhesives, UV-curable adhesives, and others is predicted to develop at the fastest CAGR of 5.3% throughout the forecast period. Epoxy adhesives are in excessive demand throughout a number of industries like aerospace, automotive, and electronics. These industries require adhesives with sturdy mechanical properties, resistance to high temperatures, and long-lasting durability. Unique versions like high-temperature-resistant and electrically conductive epoxy adhesives are turning into popular to meet precise enterprise requirements. The push for smaller electronic gadgets is also fueling the need for precise and reliable epoxy adhesives in microelectronics and electronic assembly.

By end-use industry, the specialty adhesives industry is divided into aerospace, automotive, construction, marine, and others. The marine segment is expected to grow at the quickest CAGR of 5.4% for the duration of the forecast period. The developing adoption of advanced materials in marine building is driving the demand for forte adhesives. With the rise of composite materials, light-weight alloys, and superior polymers in the marine industry, there is a need for adhesive options that can successfully bond these numerous materials. These uniqueness adhesives have to be capable of growing sturdy and lasting connections across a vast vary of substrates.

By region, the specialty adhesives market analysis throughout North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific region showcased the quickest CAGR growth for the duration of the forecast period. The Asia-Pacific place is witnessing robust economic growth, ensuing in higher patron spending, industrial expansion, and extended funding across sectors. This upsurge in endeavor is riding a increased demand for specialty adhesives. Furthermore, progress in manufacturing applied sciences and cloth sciences is fostering the introduction of innovative uniqueness adhesive formulations. These advanced adhesives not solely provide more desirable overall performance and sturdiness however also adapt to the needs of rising industries and applications.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the specialty adhesives market growth from 2022 to 2032 to identify the prevailing specialty adhesives market opportunities.
The specialty adhesives market forecast research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the specialty adhesives market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global specialty adhesives market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)

Manufacturing Capacity
End user preferences and pain points
Installed Base analysis
Product Benchmarking / Product specification and applications
Upcoming/New Entrant by Regions
Technology Trend Analysis
Consumer Preference and Product Specifications
New Product Development/ Product Matrix of Key Players
Patient/epidemiology data at country, region, global level
Regulatory Guidelines
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Average Selling Price Analysis / Price Point Analysis
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
Key player details (including location, contact details, supplier/vendor network etc. in excel format)
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Product

Polyvinyl Acetate
Polyurethanes
Acrylic
Other
Cyanoacrylates

By End-Use Industry

Aerospace
Automotive
Construction
Marine
Other

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA

Key Market Players:

3M Company
Nexus Adhesives
Savare Specialty Adhesives LLC
Master Bond Inc.
Permatex Inc.
Specialty Adhesives and Coatings, Inc.
Henkel Corporation
Bostik SA.
Worthen Industries
Advanced Adhesive Technologies Inc.

Product Code: A42713

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. High bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Advancements in medical device adhesives
  - 3.4.1.2. Increase in demand from the building and construction sector
- 3.4.2. Restraints
  - 3.4.2.1. High-cost production and limited shelf life
- 3.4.3. Opportunities
  - 3.4.3.1. Strong emphasis on sustainable and eco-friendly adhesives
3.5. Value Chain Analysis
3.6. Key Regulation Analysis
3.7. Patent Landscape
3.8. Regulatory Guidelines
3.9. Pricing Analysis

CHAPTER 4: SPECIALTY ADHESIVES MARKET, BY PRODUCT

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Cyanoacrylates
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Polyvinyl Acetate
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Polyurethanes
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Acrylic
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Other
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country

CHAPTER 5: SPECIALTY ADHESIVES MARKET, BY END-USE INDUSTRY

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Aerospace
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Automotive
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Construction
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Marine
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Other
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: SPECIALTY ADHESIVES MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Product
- 6.2.3. Market size and forecast, by End-Use Industry
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Product
  - 6.2.4.1.2. Market size and forecast, by End-Use Industry
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Product
  - 6.2.4.2.2. Market size and forecast, by End-Use Industry
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Product
  - 6.2.4.3.2. Market size and forecast, by End-Use Industry
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Product
- 6.3.3. Market size and forecast, by End-Use Industry
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Market size and forecast, by Product
  - 6.3.4.1.2. Market size and forecast, by End-Use Industry
  - 6.3.4.2. France
  - 6.3.4.2.1. Market size and forecast, by Product
  - 6.3.4.2.2. Market size and forecast, by End-Use Industry
  - 6.3.4.3. UK
  - 6.3.4.3.1. Market size and forecast, by Product
  - 6.3.4.3.2. Market size and forecast, by End-Use Industry
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Market size and forecast, by Product
  - 6.3.4.4.2. Market size and forecast, by End-Use Industry
  - 6.3.4.5. Italy
  - 6.3.4.5.1. Market size and forecast, by Product
  - 6.3.4.5.2. Market size and forecast, by End-Use Industry
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Product
  - 6.3.4.6.2. Market size and forecast, by End-Use Industry
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Product
- 6.4.3. Market size and forecast, by End-Use Industry
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Product
  - 6.4.4.1.2. Market size and forecast, by End-Use Industry
  - 6.4.4.2. India
  - 6.4.4.2.1. Market size and forecast, by Product
  - 6.4.4.2.2. Market size and forecast, by End-Use Industry
  - 6.4.4.3. Japan
  - 6.4.4.3.1. Market size and forecast, by Product
  - 6.4.4.3.2. Market size and forecast, by End-Use Industry
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Product
  - 6.4.4.4.2. Market size and forecast, by End-Use Industry
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Market size and forecast, by Product
  - 6.4.4.5.2. Market size and forecast, by End-Use Industry
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Product
  - 6.4.4.6.2. Market size and forecast, by End-Use Industry
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Product
- 6.5.3. Market size and forecast, by End-Use Industry
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Product
  - 6.5.4.1.2. Market size and forecast, by End-Use Industry
  - 6.5.4.2. South Africa
  - 6.5.4.2.1. Market size and forecast, by Product
  - 6.5.4.2.2. Market size and forecast, by End-Use Industry
  - 6.5.4.3. Saudi Arabia
  - 6.5.4.3.1. Market size and forecast, by Product
  - 6.5.4.3.2. Market size and forecast, by End-Use Industry
  - 6.5.4.4. Rest of LAMEA
  - 6.5.4.4.1. Market size and forecast, by Product
  - 6.5.4.4.2. Market size and forecast, by End-Use Industry

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. 3M Company
- 8.1.1. Company overview
- 8.1.2. Key Executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
8.2. Advanced Adhesive Technologies Inc.
- 8.2.1. Company overview
- 8.2.2. Key Executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
8.3. Bostik SA.
- 8.3.1. Company overview
- 8.3.2. Key Executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Key strategic moves and developments
8.4. Henkel Corporation
- 8.4.1. Company overview
- 8.4.2. Key Executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
8.5. Master Bond Inc.
- 8.5.1. Company overview
- 8.5.2. Key Executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
8.6. Nexus Adhesives
- 8.6.1. Company overview
- 8.6.2. Key Executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
8.7. Permatex Inc.
- 8.7.1. Company overview
- 8.7.2. Key Executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
8.8. Savare Specialty Adhesives LLC
- 8.8.1. Company overview
- 8.8.2. Key Executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
8.9. Specialty Adhesives and Coatings, Inc.
- 8.9.1. Company overview
- 8.9.2. Key Executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
8.10. Worthen Industries
- 8.10.1. Company overview
- 8.10.2. Key Executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio