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Composite Adhesives Market by Products, Applications & Regional Growth by 2019-2024

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Title: Composite Adhesives Market by Products, Applications & Regional Growth by 2019-2024


1
Composite Adhesives Market Growth Outlook with
Industry Review and Forecast 2019-2024
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2
Global Market Scenario of Composite Adhesives
Industry
  • Epoxy based composite adhesives market should
    witness strong gains at over 5.5 during
    projected period which can be ascribed to its
    large quantity demand in automotive, marine and
    aerospace industry. These products show high
    strength, temperature resistance, relative low
    curing time, low shrinkage and cost, thus
    propelling product demand. Ease of application
    epoxy-based adhesives should also strengthen
    product demand.
  • MMA based composite adhesives industry should
    grow at a rate of over 4 during projected
    timeframe. Rising demand for these forms of
    adhesives in medical and dental application owing
    to its emulsifying application should drive
    product demand. MMA have also witnessed concerns
    regarding its potential toxicity in dental use
    which may cause mucosal irritation or allergic
    reaction which may hamper industry growth.
    Companies producing this form of adhesives have
    recently developed technologies to reduce these
    ill-effects thus propelling industry.
  • Two component composite adhesives market by
    aerospace application should witness gains at
    over 6 during forecast period. These adhesives
    are widely used to attach cured parts to joints
    like stringers and cured parts such as wing skins
    in aerospace industry due to its properties such
    as toughness, stiffness, strength and
    high-temperature performance. Entry of new
    players in the aircraft industry will increase
    production of aircraft owing to rise in demand
    for aircraft travel along with improved consumer
    safety.

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3
Continue-
  • One component composite adhesives market for
    medical application sizes to surpass USD 25
    million by 2024. Upsurge in technology
    development to enhance product application
    portfolio with introduction of application scope
    in medical and packaging industry should
    reinforce product demand. Development of a
    comprehensive line of epoxies, polyurethane,
    cyanoacrylates and silicone structural adhesives
    with the ability to adhere similar similar
    substrates and ability to fill gap should boost
    industry growth. These products are widely used
    in endoscopes, infusion pumps, IV kits,
    catheters, imaging equipment and surgical
    instruments.
  • One component composite adhesives industry should
    surpass USD 800 million by 2024. Growing demand
    for one-component adhesives in all clean energy
    sectors due to its ease of application. It just
    requires either high temperature for curing or
    other media such as light and humidity from the
    surrounding to initiate curing mechanism. These
    forms of adhesives are highly efficient which
    takes lesser time for application and cure
    compared to two component adhesives.

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www.gminsights.com
4
Request for sample copy of this research report_at_
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5
360 Industry Analysis
  • Stringent regulatory regimes in North America and
    Europe pertaining to environment protection and
    construction methodologies by government agencies
    and authorities should strengthen composite
    adhesives market. Automotive agencies like FMVSS
    and AAPC have laid manufacturing standard
    operation process (SOP) for industry participants
    with a view to reduce automotive weight to
    improve fuel efficiency and reduce emissions.
  • North America composite adhesives market should
    witness significant gains during forecast period
    owing to its stringent regulatory regimes and
    growing consumer inclination towards green and
    renewable energy in advancing automotive and
    aircraft industry. Rising demand for high-quality
    structural adhesives with superior product
    properties should trigger higher product demand
    in the region.
  •  

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6
  • Competitive Analysis
  • Global composite adhesives industry share is
    moderately concentrated with presence of industry
    players like 3M, Permabond, Hexcel, Sika AG,
    Bostik and DYMAX.

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7
Latest Research Report On Composite Adhesives
Market _at_ https//bit.ly/2qxeVsA Request for
sample of this research report_at_
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customization https//bit.ly/34FYtVr
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8
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Thank You!
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