PUBLISHER: Lucintel | PRODUCT CODE: 1417908
PUBLISHER: Lucintel | PRODUCT CODE: 1417908
Epoxy Adhesive Trends and Forecast
The future of the global epoxy adhesive market looks promising with opportunities in the automotive & transportation, building & construction, power & energy, and electrical & electronics markets. The global epoxy adhesive market is expected to reach an estimated $11.8 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are increasing expenditures in the manufacture of electric vehicles (EVs) and the use of lightweight materials in the automotive sector and increasing use in the construction sector.
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Epoxy Adhesive by Segment
The study includes a forecast for the global epoxy adhesive by technology, application, and region.
List of Epoxy Adhesive Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies epoxy adhesive companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the epoxy adhesive companies profiled in this report include-
Epoxy Adhesive Market Insights
Lucintel forecasts that two component is expected to witness the highest growth over the forecast period due to benefits like resistance to vibration and shock, as well as tolerance to thermal cycling.
Within this market, automotive and transportation will remain the largest segment due to expansion of aircraft manufacturing.
APAC is expected to witness highest growth over the forecast period due to swift economic expansion and increasing disposable incomes.
Features of the Global Epoxy Adhesive Market
Market Size Estimates: Epoxy adhesive market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Epoxy adhesive market size by technology , application, and region in terms of value ($B).
Regional Analysis: Epoxy adhesive market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology , application, and regions for the epoxy adhesive market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the epoxy adhesive market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the epoxy adhesive market size?
Answer: The global epoxy adhesive market is expected to reach an estimated $11.8 billion by 2030.
Q2. What is the growth forecast for epoxy adhesive market?
Answer: The global epoxy adhesive market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the epoxy adhesive market?
Answer: The major drivers for this market are increasing expenditures in the manufacture of electric vehicles (EVs) and the use of lightweight materials in the automotive sector and increasing use in the construction sector.
Q4. What are the major segments for epoxy adhesive market?
Answer: The future of the epoxy adhesive market looks promising with opportunities in the automotive & transportation, building & construction, power & energy, and electrical & electronics markets.
Q5. Who are the key epoxy adhesive market companies?
Answer: Some of the key epoxy adhesive companies are as follows.
Q6. Which epoxy adhesive market segment will be the largest in future?
Answer: Lucintel forecasts that two component is expected to witness the highest growth over the forecast period due to benefits like resistance to vibration and shock, as well as tolerance to thermal cycling.
Q7. In epoxy adhesive market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to swift economic expansion and increasing disposable incomes.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.