Sellbyville, DE -- (SBWire) -- 10/23/2018 --GMI presents a most up-to-date research on "Composite Adhesives Market – Global Industry Analysis, Size, Share, Product (Epoxy, Polyurethane, Acrylic, Methyl Methacrylate [MMA], Polyimide, Phenolic, Cyanoacrylate, Silicone), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, Japan, India, Thailand, Indonesia, South Korea, Australia, Brazil, Argentina, Saudi Arabia, UAE, South Africa) and Forecast 2018 – 2024".
Composite Adhesives Market size should surpass USD 2 billion by 2024; according to a new research report by Global Market Insights, Inc.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/2439
Increasing application for replacing conventional binding and adhering techniques like mechanical bolt, fasteners and welds in automotive, marine, construction and aerospace industry should impel composite adhesives market size. Its growing popularity for various industrial application can be attributed to significant reduction in structural weight, fuel consumption and cost savings. Use of structural adhesives also shortens production cycle time and eliminate drilling hole on assemblies enhancing its structural strength.
Acrylic composite adhesives demand will witness significant gains at over 5% during forecast period. This growth in demand for acrylic based products can be ascribed to its increasing application scope in binding truck hoods, raised-roof assemblies and in automobiles to bond composites for roofs, doors, liftgates and hoods. Acrylics offer high bond strength on plastics, composites & metals and performs well even on oily surfaces at lower surface temperature than epoxies.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2439
Citing yet another recent instance, at JEC World 2018, Huntsman, one of the eminent composite adhesives market players, revealed its advanced portfolio of composites and adhesives for lightweight applications in numerous sectors. The firm also showcased its high-performance solutions for all aerospace and automotive applications – right from carbon hybrid composite wheels to the frame of a popular racing car. Incidentally, since the last six years, Huntsman has been collaborating with leading behemoths in the aerospace sector to establish wide range of processes and solutions in composite adhesives industry.
Of late, product manufacturers have been focusing on two essential pointers – advanced joining technology and the development of VOC content free products. With the aim to curb VOC content, numerous European and North American countries have already deployed stringent regulatory framework. Indeed, this will prove to be beneficial for the giants in composite adhesives market as they look forward to developing new products while adhering to safety and health concerns. For instance, 3M launched a next-generation low odor structural acrylic adhesive a few years back.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/composite-adhesives-market
In addition to health benefits, the product also provided the advantages of cost savings, performance, and productivity. This acrylic based structural adhesive particularly witnessed a huge demand across China, owing to its prominent use in the aerospace, construction, and marine sectors. Speaking of which, acrylic composite adhesives industry across China has been forecast to register a CAGR of more than 7% over 2017-2024. The increasing investments in constructional activities such as airports, roads, dams, and bridge building across China may be the driving factor for the growth of this regional industry.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Composite Adhesives Market to Exceed 850 Kilo Tons Consumption by 2024 : 3M, Hexcel Corporation, Henkel, Sika, the Dow Chemical Company, LORD Corporation, Ashland, Bostik
An outline of composite adhesives market with respect to the competitive spectrum: increasing efforts to launch next-gen products to augment the industry growth