With the emergence and long-term Impact of COVID-19, the Global Epoxy Adhesive Market is to reach USD 13.59 Billion by 2030
Bizwit Research & Consulting LLP’s Recent Analysis on the Global Epoxy Adhesive Market is poised to raise up to USD 13.59 Billion by 2030. Epoxy is used to adhere or join a range of surfaces together with a strong, permanent, and robust bond. Epoxy is used to bond a wide range of substances such as metal, glass, wood, ceramics, tile, and concrete. The growing demand in the automotive and Construction industry are the key factors responsible for the market growth over the forecast period 2023-2030. The primary key factor anticipated to accelerate the growth of the Epoxy Adhesive Market is higher demand in the automotive and Construction industry.
According to the Global Construction 2030 Report, the construction industry across the globe is expected to grow by 85% and is projected to reach USD 15.5 trillion by 2030. and According to the automobile dealers association, In Sep 2020, automotive retail sales in India increased by 11.66%. Also, increasing investment in infrastructure development is creating a lucrative growth prospectus for the market over the forecast period. Moreover, increasing digitalization in the chemical industry and increasing technological adoption and internet availability are anticipated to create a positive outlook for the market. However, strict rules and regulations to produce chemical products stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Epoxy Adhesive Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia-Pacific dominated the market in terms of revenue owing to factors such as Increasing investments in the energy and automotive industries and increased technological advancement in mechanical equipment in the region. North America is the fastest-growing region due to the increasing demand in the End user industry and increasing demand for electrical devices such as smartphones, healthcare, and electric cars etc.
The global Epoxy Adhesive Market is highly competitive owing to the presence of several key manufacturers such as 3M Company, Arkema S.A. Group, H.B. Fuller Company, Henkel AG & Co. KGaA, Sika AG, Permabond Engineering Adhesives Limited, Dupont de Nemours, Inc, and others.
For further analysis on this or to request a sample copy of this report, please click the link mentioned below:
Key findings of the study suggest:
- Global Epoxy Adhesive Market is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2023-2030.
- In the End User segment, automotive emerged as the leading market segment in 2022.
- Asia Pacific is anticipated to drive regional growth owing to growing investments in the energy and automotive industries.
- North America is expected to grow at a high CAGR followed by Asia Pacific during 2023-2030.
Bizwit Research & Consulting has considered the following segments for the study:
By End User:
- Aerospace
- Automotive
- Building And Construction
- Footwear And Leather
- Healthcare
- Packaging
- Woodworking
- Joinery
By Technology:
- Reactive
- Solvent-borne
- UV Cured Adhesives
- Water-borne
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- RoAPAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com
About Us
Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
Contact US
Global Business Development
Phone : +1 209 498-3066
Email: Sales@bizwitresearch.com
Website: www.bizwitresearch.com
