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Metal Bonding Adhesive Market to Hit US $6bn by 2025: H.B. Fuller, Ashland, Arkema, Evonik, Huntsman Corporation, Solvay, LORD Corporation, BASF, Henkel, 3M, Sika

Based on volume, automobile & transportation segment will capture over 25% of the metal bonding adhesive market share.

 

Selbyville, DE -- (SBWIRE) -- 12/26/2018 -- Some of the crucial challenges of the global metal bonding adhesive market is their time-dependent strength, for the fixation of bonding and development of the entire product; however, the time required for the fixation can be reduced depending upon their application and its composition. Noise & vibration damping in mechanics of machinery and in the transportation and shipment sector has gained importance and contribute in creating new opportunities for metal bonding adhesive.

Metal Bonding Adhesive Market size will surpass USD 6 billion by 2025; according to a new research report by Global Market Insights, Inc. Metal bonding adhesive market is witnessing steady growth in the automotive industry in order to reduce the weight of vehicles without compromising on performance, quality and safety. This is achieved by substituting or reducing the employment of bolts, welding, screws, spot welding and other attachments by metal bonding adhesive.

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Further, stringent government rules and regulations towards enhancement of fuel economy will urge automobile manufacturers, including heavy commercial vehicle and Original Equipment Manufacturers to adopt bonding compounds that are nature-friendly, are some of the significant determinants which are likely to augment metal bonding adhesive market share over the forecast timespan. In addition, the improvement in infrastructure conditions in the BRICS nations will subsequently boost the metal bonding adhesive demand by 2025.

With over 40% of the industry share, epoxy-based metal bonding adhesive will foresee growth at a significant pace due to its huge acceptance in electronics and industrial solutions in fabricating test & measurement equipment, heat sink attachment and engine control modules. The acrylic based metal bonding adhesive will account at over USD 1.5 billion by the end of 2025, owing to its rising usage in electronic controllers, cellular phones, antennas, industrial ovens. Acrylic adhesives are composed to have a good balance of tack, shear and peel. They can be adjusted for materials with low surface energy (LSE).

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Based on volume, automobile & transportation segment will capture over 25% of the metal bonding adhesive market share. The electronics & consumer appliances segment is said to poise over USD 1 billion by 2025. The miniaturization trend and fusion prototype sighted in industrial and consumer goods might create an assembly confront. Adhesives are progressively substituting the application of mechanical fasteners for bonding elements that are unsuitable to reach where spaces are confined, cellular phones being a typical example.

Browse key industry insights the report, "Metal bonding adhesive Market Forecast, 2018 – 2025" in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/metal-bonding-adhesives-market

Based on volume, North America driven by U.S. will exhibit growth with a CAGR of over 6%. The regional epoxy-based metal bonding adhesive market is said to capture over USD 450 million by the end of forecast spell. Moreover, huge expenditure in research & innovation and high technology medical equipment in U.S. will augment the market growth by 2025.

Global metal bonding adhesive market is intensely competitive due to existence of number of industry players as well as unorganized sector. Some crucial players in the industry are, Henkel, Arkema Group, BASF SE, LORD Corporation, Huntsman Corporation, H.B. Fuller, Evonik Industries, Ashland Inc., Parson Adhesives Inc, Permabond LLC.

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.