The global metal bonding adhesives market is expected to witness significant growth during the forecast period (2017-2023). Stringent government regulations to enhance the fuel economy coupled with increasing growth of the automotive, pharmaceuticals and mining industries are the factors estimated to propel the growth of the global metal bonding adhesives market.
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Metal bonding adhesives are used to attach metal-to-metal surfaces in various end-use industries such as automotive and transportation, industrial and others. These adhesives have high strength, low odor and rapid cure speed.
Metal bonding adhesives are categorized into epoxy-based, acrylic-based, polyurethane-based, silicon-based and modified phenolic resin. Epoxy-based adhesives are used for metal bonding, owing to their durability, high strength, temperature resistance and depth of cure.
The key trend projecting growth in the metal bonding adhesives market is the rising focus of the automotive industry to produce lightweight vehicles without increasing the cost or penalizing on performance, quality and safety.
Asia-Pacific region is estimated to be the largest region for the metal bonding adhesives market owing to the increased industrial growth in the countries such as India, Vietnam, Indonesia and Thailand. Additionally, increased investments in chemicals, petrochemicals, oil and gas and food and beverages industries is expected to further spur the growth of the global metal bonding adhesives market.
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The major companies operating in the market are Henkel AG & Co. KGaA, H.B. Fuller Company, The 3M Company, Sika AG, The Dow Chemical Company, Arkema S.A., Solvay S.A., LORD Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA and Parson Adhesives, Inc.
Market Segmentation
By resin
- Epoxy-based
- Acrylic-based
- Polyurethane-based
- Other metal bonding adhesives
- Automotive and transportation
- Industrial
- Appliances
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Rest of Asia-Pacific
- Europe
- Western Europe
- Germany
- U.K.
- France
- Rest of Western Europe
- Central and Eastern Europe
- Russia
- Turkey
- Rest of Central and Eastern Europe
- Western Europe
- North America
- U.S.
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
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