Instant Adhesive Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 04/24/2019 -- This report studies the Instant Adhesive market, they are typically used for fast, reliable, high-performance bonding of numerous materials in just seconds. North America was the largest revenue market with a market share of 22.31% in 2012 and 21.10% in 2017 with a decrease of 1.21%. China ranked the second market with the market share of 21.35% in 2016. The Asia Pacific market for Instant Adhesive is expected to be the market with the most promising growth rate. Rising per capita income of people in emerging economies such as China, India, Philippines, Thailand, and Vietnam has led to an increase in demand for medical, transportation and electric industries. Its miniaturization and automation in the electronics industry are fueling the demand for instant adhesives.
Instant Adhesive companies are mainly from United States and Europe, the industry concentrate rate is low. The top three companies are Henkel, 3M, TOAGOSEI CO., LTD., with the revenue market share of 20.07%, 11.43% and 10.36% in 2016. The growth of the instant adhesives market is largely driven by their increased demand from the medical and transportation segments. Manufacturers of instant adhesives are trying to cater to this increased demand for instant adhesives, which, in turn, is leading to expansion of their businesses. However, low durability and high cost of instant adhesives compared to other types of adhesives is restricting the growth of the global instant adhesives market.
The global Instant Adhesive market was 1500 million US$ in 2018 and is expected to 2680 million US$ by the end of 2025, growing at a CAGR of 7.5% between 2019 and 2025. This report studies the Instant Adhesive market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Instant Adhesive in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Henkel AG & Company
3M Company
Toagosei
Pidilite Industries
Sika AG
Bostik SA
Huntsman Corporation
Permabond LLC.
Royal Adhesives & Sealants
Franklin International
Lord Corporation
By the product type, the market is primarily split into
Cyanoacrylate Instant Adhesive
Epoxy-based Instant Adhesive
By the end users/application, this report covers the following segments
Electronics
Woodworking
Transportation
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