According to a new market report by Lucintel, the future of the instant adhesive market looks promising with opportunities in the industrial, woodworking, transportation, consumer, medical, and electronics industries. The instant adhesive market is expected to grow with a CAGR of 9% from 2019 to 2024. The major growth drivers for this market are growing demand from end use industries due to its properties such as fast curing and excellent bonding strength and increasing demand for miniaturization and automation in the electronics industry.
To download report brochure, please go to https://www.lucintel.com/instant-adhesive-market.aspx and click "report brochure" tab from the menu .
In this market, cyanoacrylate and epoxy-based are the major chemistry type segments.
Within the instant adhesive market, industrial, woodworking, transportation, consumer, medical, and electronics are the major end use industries. Conventional and light cured are the major curing process segments of the instant adhesive market.
The Asia Pacific region will remain the largest market over the forecast period due to expanding automotive industry, rapidly growing plastic industry, development in India and China, and the burgeoning electronics industry.
Henkel AG & Company, H.B. Fuller, 3M Company, Sika AG, Toagosei Co., Ltd., Illinois Tool Works Incorporation (ITW), Bostik SA, Huntsman Corporation, Pidilite Industries Limited, and Permabond LLC. are among the major manufacturers of instant adhesives.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the instant adhesive market by end use industry, curing process, chemistry, and region. Lucintel has prepared a comprehensive research report entitled "Instant Adhesive Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the instant adhesive market by end use industry, curing process, chemistry, and region as follows:
By Curing Process: [$M shipment analysis for 2013 – 2024]:
By Chemistry: [$M shipment analysis for 2013 – 2024]:
Cyanoacrylate
Epoxy-based
By End Use Industry [$M shipment analysis for 2013 – 2024]:
Industrial
Woodworking
Transportation
Consumer
Medical
Electronics
Others
By Region: [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/instant-adhesive-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.