Title: Marine Adhesives Market – Global Industry Analysis and Forecast (2017-2026)
1Marine Adhesives Market Global Industry
Analysis and Forecast (2017-2026) _ by Vessel, by
Resin, by Substrate, by Application and by
Geography.
Market Scenario Marine Adhesives Market was
valued at USD 341.22 Million in 2016 and is
expected to reach USD 531.96 Million by 2026, at
a CAGR of 4.52. Escalating demand for marine
adhesives to bond substrates such metals,
plastics, composites in place of conventional
fasteners to enable reduction in weight of
vessels is driving the marine adhesives market.
Expansion in demand for modified passenger
vessels is trending in marine adhesives market.
Considering the vessel segment, boat type holds
the largest market share for marine adhesives
market. Growth of underwater adventure sports
along with increased spending on modification
activities has been two key factors that have
eventually boosted demand for usage for marine
adhesive for boats.
2- Further polyurethane segment leads of marine
adhesive market. Growing application of
polyurethane adhesives for different bonding
purposes such as deck to hull bonding, glass
window bonding, bonding deck hardware or
decorative panels have further helped in rising
demand for marine adhesives market. - North America accounted largest share for marine
adhesive market on the basis of geography with
Asia Pacific accounting one of the highest
growth rate. High growth rate can be attributed
to the high number of marine adhesive
manufacturers base in China along with growing
sea-trade activities that has further augmented
overall demand for marine adhesives in Asia
Pacfic region. - Scope of the Report
- Marine Adhesives Market, By Resin Type
- Polyurethane
- Epoxy
- Acrylic
- Others
- Marine Adhesives Market, By Substrate Type
- Composites
- Metals
- Plastics
- Others
- Marine Adhesives Market, By Vessel
- Passenger Ships
- Cargo Ships
- Boats
- Others
- Marine Adhesives Market, By Application
3- Europe
- Asia-Pacific
- Middle East Africa
- Latin America
- Key Players operating in the Marine Adhesives
market - Ashland (U.S.)
- LORD Corporation (U.S.)
- Scott Bader (U.K.)
- Henkel (Germany),
- H.B. Fuller (U.S.),
- HYBOND (U.K.),
- Permabond (U.K.),
- Master Bond (U.S.),
- 3M (U.S.),
- Sika (Switzerland),
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