Pune, India -- (SBWIRE) -- 07/19/2018 -- Marine Adhesives Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the marine adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Marine Adhesives Market Growth Analysis:

Marine Adhesives Market is expected to reach USD 531.2 million by 2025, from USD 371.1 million in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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The global marine adhesives market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of the marine adhesives market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Marine Adhesives Market Report Present By Substrate (Metals, Composites, Plastics, Others), By Resin Type (Epoxy, Acrylic, Polyurethane), By Vessel (Cargo Ships, Passenger Ships, Boats), By Application (Deck System, Glazing System, Panel Bonding), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025

Market Competitors Analysis:

The key players operating in the global marine adhesives market are –

- 3M
- DuPont
- Huntsman International LLC.
- Henkel AG & Co. KGaA
- H.B. Fuller Company,
- Bostik,
- Sika, Engineered Bonding Solutions,
- Anabond,
- Ashland,
- Master Bond,
- Parson Adhesives,
- Gougeon Brothers,
- Henkel,
- WEICON GmbH & Co.KG,
- OLYMPUS CORPORATION,
- Permabond LLC.,
- Mapei Construction Products India Pvt Ltd,
- Gurit, LORD Corporation among others.

Marine Adhesives Market Present Seniors :

Marine Adhesives are sealants, which provide high bond strength between materials. It gives high strength against UV rays, elasticity and absorbs vibrations. Marine adhesives are highly effective in the exposure of moisture and water. Marine adhesives provide durability, stability and water resistance. These adhesives are widely used in new construction and repair work of water vessels like a commercial boat, cruise ship, ferry boat and other.

According to North American Construction, in 2018, the construction sector is expected to grow around 5% higher than 2017. There will be 9% growth experienced by single family, which means there will be growth in buildings/construction and the public building will grow by 6%. According to U.S. Bureau of Labour Statistics, the construction sector will have one of the largest increment in real output and will reach almost USD 1.2 trillion by 2020. These above factors show the growth of the construction sector around the globe, which in turn will drive the demand for marine adhesives.

Market Drivers:

- Increasing penetration of adhesives due to increase in the use of composites as a lightweight material
- Increasing demand from construction sector
- Provide a greater degree of flexibility and permits a considerable degree of movement to the attached surfaces without losing cohesion

Market Restraint:

- International maritime organization environmental regulation.

Top Segmentation about Marine adhesives Market:

By Substrate

- Metals
- Composites
- Plastics
- Others

By Resin Type

- Epoxy
- Acrylic
- Polyurethane
- Others

By Vessel

- Cargo Ships
- Passenger Ships
- Boats
- Others

By Application

- Deck System
- Glazing System
- Panel Bonding
- Others

By Geography

- North America
o U.S.
o Canada,
o Mexico

- Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe

- Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific

- South America
o Brazil
o Rest of South America

- Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA

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The report width Of
Pages : 350
Figures: 60
Tables: 220

Key Insights in the report:

- Historical and current market size and projection up to 2025
- Market trends impacting the growth of the global marine adhesives market
- Analyze and forecast the marine adhesives market on the basis of the substrate, resin type, vessel and application
- Trends of key regional and country-level markets for the substrate, resin type, vessel and application
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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