Market Research Report
Global Marine Adhesives Market Analysis, 2013-2023
|Published by||Market Krystal||Product code||725298|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Marine Adhesives Market Analysis, 2013-2023|
|Published: September 1, 2018||Content info: 120-150 Pages||
Marine adhesives provide properties to deliver sustainable marine vehicles. They are categorized as polyurethane, epoxy, and acrylic. Depending on requirement like if it is required for a panel, deck system, or glass bonding they are delivered and used accordingly. They provide adhesion in parts of marine vehicles which are capable to handle marine extended exposure to water.
The report on the global marine adhesives market reveals the existing market conditions through conducting both primary and secondary market research. The marine adhesives market is now extensively spreading its influence across the global market. The value of the global marine adhesives market in 2018 is estimated at US $ xxx million dollars which is expected to reach an outstanding market valuation of US $ xxx million dollars by the last quarter of 2023. This market is anticipated to grow annually at the rate of xx%.
It is mainly used as an adhesive substance in manufacturing marine vehicles like the boat, or vehicle made of wood. They provide strong bonding to woods, glass, interior and exterior decorative panels used in marine vehicles. Increased demand for marine side holiday destinations is the main reason for the increased demand for marine adhesives.
Marine adhesives are used in marine vehicles like ships, submarines. Increased demand for holiday spots near marine areas is the main reason in the growth of marine adhesive's market. People travel to marine destinations for boating, photography and to enjoy some marine life. Due to this trend, the demand for marine vehicles has increased significantly. Marine adhesives are used for the deck to hull bonding, to stick glass, to stick interior and exterior panels and wood. Due to these applications, marine adhesives are in great demand for marine vehicles.
In many countries, it is made available at very low cost. As marine adhesives already have limited applications and are made available to users at a very low cost, it may hamper the growth of marine adhesives in the market.
The geographical regions mainly using marine adhesives are countries like the U.S. from North America, UK, France, Germany, Italy from Europe, Asia Pacific countries like China, Japan, and India, Brazil from Latin America and the Middle East and Africa. These regions lead the demand for marine adhesives in the global market.
The companies known as leading players in global marine adhesives market are Henkel, 3M, Sika, ITW, Huntsman, H.B. Fuller, Ashland, Bostik, LORD Corporation, Scott Bader, MAPEI, Permabond, SCIGRIP, WEICON, Gurit, Master Bond, Parson Adhesives, Anabond, HYBOND, Hemon Manufacturing, and Gougeon Brothers.
The research process includes the market segmentation of the global marine adhesives market, recognizing the factors influencing the growth affecting every market segment and then conducting market forecast. Market forecasts are conducted by considering the insights given by the industry experts in the global marine adhesives market chain. Market Krystal hence dedicated around 40 interviews for this study and all the particulars pertaining to it are mentioned below:
By company type: Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (35%), Asia (30%), Europe (35%)
By designation: Top level (45%), Operation level (35%), Mid-level (20%)