North America Composite Adhesive Market Size, Share & Trends Analysis Report By Product, By Application, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Composite Adhesive Market would witness market growth of 4.1% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 174.26 Kilo Tonnes, showcasing a growth of 3.3% (2019-2022).

The composite adhesive market has arisen as a pivotal participant, propelling progress and novel ideas throughout numerous industries. As industries increasingly seek lightweight, durable, and high-performance materials, these have witnessed a surge in adoption due to their unique properties and versatile applications. This market's growth is propelled by various factors, including the expanding aerospace and automotive industries, the push for sustainable and eco-friendly solutions, and continuous research and development efforts to enhance adhesive technologies.

Composite adhesives have increased steadily in various sectors, including construction, marine, aerospace, and automotive. One of the primary drivers behind this surge in adoption is the growing demand for lightweight materials with superior strength and durability. With its unique challenges of corrosion, moisture, and salt exposure, the marine industry benefits from the superior bonding capabilities of these adhesives. These adhesives assemble boat components, ensuring structural integrity while withstanding harsh marine environments. As the marine industry seeks lightweight solutions without compromising strength, these have become integral to manufacturing.

Canada has a robust aerospace industry with companies involved in manufacturing aircraft, space systems, and components. Notable players include Bombardier, Boeing Canada, and various smaller enterprises contributing to the supply chain. The Canadian government has historically supported the aerospace sector through initiatives aimed at research and development, innovation, and skills training. These efforts are designed to enhance the competitiveness of Canadian aerospace companies on the global stage. As per the data from the Government of Canada, with a total budget of $250 million over three years (until March 31, 2024), the Aerospace Regional Recovery Initiative (ARRI) was delivered by Canada's regional development agencies (RDAs). Hence, North America's rising automotive and aerospace sectors will help expand the regional market.

The US market dominated the North America Composite Adhesive Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $707.7 Million by 2030. The Canada market is experiencing a CAGR of 6.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.6% during (2023 - 2030).

Based on Product, the market is segmented into Epoxy, Acrylic, Polyurethane, Cyanoacrylate, and Others. Based on Application, the market is segmented into Aerospace & Defense, Automotive & Transportation, Electrical & Electronics, Construction & Infrastructure, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

3M Company
Arkema S.A.
The Dow Chemical Company
Henkel AG & Company, KGaA
H.B. Fuller Company
Huntsman Corporation
Illinois Tools Works, Inc.
BASF SE
Parker Hannifin Corporation
Sika AG

North America Composite Adhesive Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Epoxy
Acrylic
Polyurethane
Cyanoacrylate
Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Aerospace & Defense
Automotive & Transportation
Electrical & Electronics
Construction & Infrastructure
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Composite Adhesive Market, by Product
- 1.4.2 North America Composite Adhesive Market, by Application
- 1.4.3 North America Composite Adhesive Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
3.3 Porter's Five Forces Analysis

Chapter 4. Some of the Strategies Deployed in the Composite Adhesive Market

Chapter 5. North America Composite Adhesive Market, by Product

5.1 North America Epoxy Market, by Country
5.2 North America Acrylic Market, by Country
5.3 North America Polyurethane Market, by Country
5.4 North America Cyanoacrylate Market, by Country
5.5 North America Others Market, by Country

Chapter 6. North America Composite Adhesive Market, by Application

6.1 North America Aerospace & Defense Market, by Country
6.2 North America Automotive & Transportation Market, by Country
6.3 North America Electrical & Electronics Market, by Country
6.4 North America Construction & Infrastructure Market, by Country
6.5 North America Others Market, by Country

Chapter 7. North America Composite Adhesive Market, by Country

7.1 US Composite Adhesive Market
- 7.1.1 US Composite Adhesive Market, by Product
- 7.1.2 US Composite Adhesive Market, by Application
7.2 Canada Composite Adhesive Market
- 7.2.1 Canada Composite Adhesive Market, by Product
- 7.2.2 Canada Composite Adhesive Market, by Application
7.3 Mexico Composite Adhesive Market
- 7.3.1 Mexico Composite Adhesive Market, by Product
- 7.3.2 Mexico Composite Adhesive Market, by Application
7.4 Rest of North America Composite Adhesive Market
- 7.4.1 Rest of North America Composite Adhesive Market, by Product
- 7.4.2 Rest of North America Composite Adhesive Market, by Application

Chapter 8. Company Profiles

8.1 3M Company
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 SWOT Analysis
8.2 Arkema S.A.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 SWOT Analysis
8.3 The Dow Chemical Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
  - 8.3.5.1 Product Launches and Product Expansions:
- 8.3.6 SWOT Analysis
8.4 Henkel AG & Company, KGaA
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
  - 8.4.5.1 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
8.5 H.B. Fuller Company
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
  - 8.5.5.1 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
8.6 Huntsman Corporation
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segment and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
  - 8.6.5.1 Acquisition and Mergers:
- 8.6.6 SWOT Analysis
8.7 Illinois Tools Works, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.7.5 SWOT Analysis
8.8 BASF SE
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 SWOT Analysis
8.9 Parker Hannifin Corporation
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
  - 8.9.5.1 Acquisition and Mergers:
- 8.9.6 SWOT Analysis
8.10. Sika AG
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 Recent strategies and developments:
  - 8.10.5.1 Acquisition and Mergers:
- 8.10.6 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 2 North America Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 3 North America Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 6 North America Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 7 North America Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Epoxy Market, by Country, 2019 - 2022, USD Million
TABLE 10 North America Epoxy Market, by Country, 2023 - 2030, USD Million
TABLE 11 North America Epoxy Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Epoxy Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Acrylic Market, by Country, 2019 - 2022, USD Million
TABLE 14 North America Acrylic Market, by Country, 2023 - 2030, USD Million
TABLE 15 North America Acrylic Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Acrylic Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Polyurethane Market, by Country, 2019 - 2022, USD Million
TABLE 18 North America Polyurethane Market, by Country, 2023 - 2030, USD Million
TABLE 19 North America Polyurethane Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Polyurethane Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Cyanoacrylate Market, by Country, 2019 - 2022, USD Million
TABLE 22 North America Cyanoacrylate Market, by Country, 2023 - 2030, USD Million
TABLE 23 North America Cyanoacrylate Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Cyanoacrylate Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 26 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 27 North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 30 North America Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 31 North America Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Composite Adhesive Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Aerospace & Defense Market, by Country, 2019 - 2022, USD Million
TABLE 34 North America Aerospace & Defense Market, by Country, 2023 - 2030, USD Million
TABLE 35 North America Aerospace & Defense Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Aerospace & Defense Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Automotive & Transportation Market, by Country, 2019 - 2022, USD Million
TABLE 38 North America Automotive & Transportation Market, by Country, 2023 - 2030, USD Million
TABLE 39 North America Automotive & Transportation Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Automotive & Transportation Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Electrical & Electronics Market, by Country, 2019 - 2022, USD Million
TABLE 42 North America Electrical & Electronics Market, by Country, 2023 - 2030, USD Million
TABLE 43 North America Electrical & Electronics Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Electrical & Electronics Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Construction & Infrastructure Market, by Country, 2019 - 2022, USD Million
TABLE 46 North America Construction & Infrastructure Market, by Country, 2023 - 2030, USD Million
TABLE 47 North America Construction & Infrastructure Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Construction & Infrastructure Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Others Market, by Country, 2019 - 2022, USD Million
TABLE 50 North America Others Market, by Country, 2023 - 2030, USD Million
TABLE 51 North America Others Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Others Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Composite Adhesive Market, by Country, 2019 - 2022, USD Million
TABLE 54 North America Composite Adhesive Market, by Country, 2023 - 2030, USD Million
TABLE 55 North America Composite Adhesive Market, by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Composite Adhesive Market, by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 US Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 58 US Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 59 US Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 60 US Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 61 US Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 62 US Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 63 US Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 64 US Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 65 US Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 66 US Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 67 US Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 68 US Composite Adhesive Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 70 Canada Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 71 Canada Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 74 Canada Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 75 Canada Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 77 Canada Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 78 Canada Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 79 Canada Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 80 Canada Composite Adhesive Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 82 Mexico Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 83 Mexico Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 86 Mexico Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 87 Mexico Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 89 Mexico Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 90 Mexico Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 91 Mexico Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 92 Mexico Composite Adhesive Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Composite Adhesive Market, 2019 - 2022, USD Million
TABLE 94 Rest of North America Composite Adhesive Market, 2023 - 2030, USD Million
TABLE 95 Rest of North America Composite Adhesive Market, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Composite Adhesive Market, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Composite Adhesive Market, by Product, 2019 - 2022, USD Million
TABLE 98 Rest of North America Composite Adhesive Market, by Product, 2023 - 2030, USD Million
TABLE 99 Rest of North America Composite Adhesive Market, by Product, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Composite Adhesive Market, by Product, 2023 - 2030, Kilo Tonnes
TABLE 101 Rest of North America Composite Adhesive Market, by Application, 2019 - 2022, USD Million
TABLE 102 Rest of North America Composite Adhesive Market, by Application, 2023 - 2030, USD Million
TABLE 103 Rest of North America Composite Adhesive Market, by Application, 2019 - 2022, Kilo Tonnes
TABLE 104 Rest of North America Composite Adhesive Market, by Application, 2023 - 2030, Kilo Tonnes
TABLE 105 Key Information - 3M Company
TABLE 106 Key information - Arkema S.A.
TABLE 107 Key Information - The Dow Chemical Company
TABLE 108 Key Information - Henkel AG & Company, KGaA
TABLE 109 key Information - H.B. Fuller Company
TABLE 110 key Information - Huntsman Corporation
TABLE 111 Key Information - Illinois Tool Works, Inc.
TABLE 112 Key Information - BASF SE
TABLE 113 Key Information - Parker Hannifin Corporation
TABLE 114 Key Information - Sika AG

North America Composite Adhesive Market Size, Share & Trends Analysis Report By Product, By Application, By Country and Growth Forecast, 2023 - 2030