The global two part adhesives market is mainly driven by the rising adoption of green, sustainable and non-hazardous adhesives. Growing use of two-part adhesives to replace the traditional adhering and binding methods such as clasping, mechanical screwing and welding in the end-user industries are expected to boost the growth of two-part adhesives market. The “epoxy” is the highest growing type segment of the market due to high temperature and chemical resistance, low shrinkage, reduced odour, and tack-free surfaces properties during the forecast period. Also, increasing demand of two part adhesives bonding in various plastics, composites, and many lightweight materials in the construction, automotive, and aviation industries will drive the market in the forecast period.
Data Bridge Market Research analyses that the two part adhesive market is expected to undergo a CAGR of 6.55% during the forecast period. This indicates that the market value, which was USD 6.64 billion in 2021, would rocket up to USD 11.03 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Scope of the Two Part Adhesive Market Report:
The two part adhesive market is segmented on the basis of resin type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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Some of the major players operating in the two part adhesive market are:
- DuPont (U.S.)
- SOLVAY (Belgium)
- Dow (U.S.)
- Henkel AG Co. KgaA (Germany)
- 3M (U.S.)
- Bostik (France)
- Sika AG (Switzerland)
- H.B. Fuller (U.S.)
- BASF SE (Germany)
- DAP Global Inc.(U.S.)
- Owens Corning (U.S.)
- The Chemours Company (U.S.)
- Paroc Group (Finland)
- Kingspan Group (Ireland)
- DAIKIN (Japan)
- GAF (U.S.)
- SOLVAY (Belgium)
- Saint-Gobain (France)
- Franklin International (U.S.)
- Illinois Tool Works Inc. (U.S.)
- AVERY DENNISON CORPORATION (U.S.)
- Three Bond Holdings Co., Ltd. (Japan)
- Dymax (U.S.)
- Ashland (U.S.)
- Shell (U.K.)
Two Part Adhesive Market Regional Analysis/Insights
The Two Part Adhesive market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Two Part Adhesive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Two Part Adhesive within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Two Part Adhesive market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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