Industrial Adhesives Market; Rapid growth in automotive applications by 2017–2024

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Industrial Adhesives Market Size, Share, Industry
Outlook Forecast 2017-2024
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Global Market Scenario of Industrial Adhesives
Industry

• Global Industrial Adhesives Market size is
  expected to expand at moderate growth rate in
  terms of volume during the forecast period.
  Healthy growth of the product is attributed to
  the replacement of mechanical fasteners with
  these adhesives in various end-user industries
  such as consumer durables, automotive,
  construction, packaging, aerospace, and other
  heavy industries.
• Major application of industrial adhesives is in
  automobile industry, using these adhesives as a
  substitute to metal fasteners reduces weight of
  the vehicle by almost 15.
• Industrial adhesives are preferred in consumer
  durables for packaging and assembling, due to
  ease of its use in terms of flexibility, lesser
  cure time and better adhesion. Increased number
  of attractive consumer appliances along with rise
  in purchase power of consumers have flourished
  consumer durables market in recent years, thus
  bolstering global industrial adhesives market.

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Continue

• Industrial adhesives are preferred in consumer
  durables for packaging and assembling, due to
  ease of its use in terms of flexibility, lesser
  cure time and better adhesion. Increased number
  of attractive consumer appliances along with rise
  in purchase power of consumers have flourished
  consumer durables market in recent years, thus
  bolstering global industrial adhesives market.
• Reasons to Buy This Report
• 1. Industrial adhesives Market size
  share forecast by product application,
  2017-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Key Industrial adhesives Market growth
  opportunities emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• Many internal parts of aircrafts need a
  high-quality adhesion to keep them intact, also
  adhesives are used to assemble outer body of the
  airplanes. As each gram in these aircrafts counts
  a lot in terms of its fuel consumption and
  safety, so utmost care is taken to use adhesives
  instead of metal or any other fasteners in
  manufacturing of these aircrafts.

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Research Methodology
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Regional and Competitive Insights

• Europe is forecasted to contribute substantially
  in industrial adhesives market owing to its
  developed automobile and aerospace market in
  Germany, UK, and Spain.
• Asia Pacific is the next promising region in the
  global market due to the booming construction and
  consumer durable industry in China, India, Japan
  and South Korea. Establishment of foreign
  industries owing to business-friendly government
  policies and rise in residential and commercial
  projects had boosted infrastructural development
  in the region.
• Further, Asia Pacific is anticipated to
  contribute significantly and can even exceed
  European market in terms of consumption of
  industrial adhesives.

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Competitive Insights

• Major global manufacturers in industrial
  adhesives market share are Toyo Polymer Co.
  Ltd, the Dow Chemical Company, Sika Ag, Pidilite
  Industries Limited, Mitsubishi Chemicals
  Corporation, Huntsman Corporation, Henkel Ag
  Company, Kgaa, 3M Company, Ashland Inc., BASF
  Se, Bemis, H. B. Fuller, E. I. Du Pont De
  Nemours And Company.

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