Global Structural Adhesives Market Size To Exceed USD 22.83
From GlobeNewswire: 2024-06-25 16:00:00
The Global Structural Adhesives Market is projected to grow from USD 13.41 Billion in 2023 to USD 22.83 Billion by 2033 at a CAGR of 5.46%. Structural adhesives provide shock, vibration, and temperature resistance, with growing applications in transportation, construction, and aerospace industries. The epoxy segment is expected to lead the market, with water-based adhesives showing the fastest growth. Asia Pacific is expected to dominate the market, with Europe experiencing the fastest CAGR. Major vendors include Henkel AG & Co. KGaA, Sika AG, and 3M. Recent developments include advancements in fixation methods using ultrasonic energy. The market is segmented by product, technology, application, and region, with forecasts extending to 2033. Spherical Insights provides market research and consulting services for various industries to achieve business objectives and strategic improvements. For more information and detailed insights, visit their website.
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