Acumen research and consulting estimates that the global high performance adhesives market is anticipated to reach market size of around US$ 17,000 Mn by 2027 and is anticipated to grow at a CAGR of around 6% in terms of revenue during the forecast period 2020 – 2027.
A range of markets, including atmosphere and defense, automobile, recreational vehicle, bus, truck and trailer, rail, shipping, insulated glass, wind, solar, wind, electrics, assembly, filtering, printing, packaging, lamination, ceiling and flooring, are subject to the use of high-performance adhesive products. The continuous replacement of traditional bonding or adhesion methods has rendered it a key technical feature of numerous applications, especially for transport. They are suitable for applications needing high speed output, flexibility for bonding, wide gap filling, fast green stability and high retraction. The market has segmented high-performance adhesives into epoxy, silicone, polyurethane and acrylic. Based on the end user, construction, transport, packaging, electronics & electrical products, medical and other products are classified. The high-performance adhesives industry is split into water-based solvents and heat melting by technology.
Market Insights
Higher demand for electronics miniaturization and automation and growing demand for high-quality adhesives are the key factors that drive the growth of the industry. In the Electronics, Building and Automotive industries high-performance adhesives are widely used. Around 2017 53,550,000 cars were produced from more than 50 percent of the world's automotive manufacturing in the Asia-Pacific region. In the Asia-Pacific region in particular in China and emerging economies, such as India and ASEAN countries, the development of electronics is increasing rapidly. And so on the demand for high-performance adhesive products is growing strongly, especially in Asia Pacific, due to the rapid growth in the manufacturing industry globally. The main factors preventing market growth are however instability in raw material prices and stringent environmental regulations.
Globally, potential growth is most likely driven by increased spending in the health sector. In comparison to other industries , for instance, the healthcare and biotechnology sectors were extremely resistant to COVID-19 treatment. The global governments are expected to prepare extensively in the event of the next pandemic to prevent adverse lack of medical resources. The product demand is likely to increase with these preparations.
Asia Pacific has the worlds largest high-performance adhesives market with the largest market share. The large construction, packaging and transportation sector in the region can be attributed to the above. Economic development is fast, with economies such as China , India , Vietnam and Indonesia and the market for high-performance adhesives in the region is therefore increasing. In comparison to Europe and North America, Asia Pacific also attained a relatively stronger performance in the COVID-19 containment epidemic. The high-performance adhesive market in North America has grown significantly in 2019. The pandemic of coronavirus in 2020 is likely to be a major hit. However, the federal government is projected to slowly restore the US economy and encourage regional growth by unleashing huge amounts of fiscal stimulus, such as the USD 2.0 trillion packages. In 2019, Europe was the second largest high performance adhesive distribution area on the market. Sustainability of the environment in Europe is of great importance. For instance, builders and architects become more aware, because of their superior advantages over other scanners and flashing materials, of high performance building adhesive tapes. Europe is the world's second worst COVID-19 region, and is ready to see slow growth in 2020. The least drug penetrations are in the Middle East & Africa. Consequently, since the last few years the consumption of the product has seen fast growth. The rapid growth in the region of sub-Saharan Africa is an attractive opportunity in the region. For instance , in 2017, the urbanization rate in the African sub-Saharan region is estimated to be 3.6% faster than in any other region in the world.
Key Players
Major players included in this report are 3M Company, Bostik, H.B. Fuller Company, Henkel AG & Co. KGaA, Avery Dennison Corporation, Illinois Tool Works Inc., Dymax Corporation, Pidilite Industries Limited, Ashland Inc., DELO Industrie Klebstoffe GmbH & Co. KGaA, and other. The high-performance adhesives market, due to the presence of several key players and regional players in different parts of the world, is highly competitive and fragmented in nature. The latest trend shows strategic initiatives such as fusions and acquisitions by major manufacturers to expand their market proportion for high-performance adhesives. Henkel had the highest market share by 2019. As part of its high-performance adhesiveness business in Asia Pacific, for example , in September 2019, Sika AG accepted to purchase Crevo Hengzin.
The global high performance adhesives market is segmented as below:
Market Segmentation
High Performance Adhesives Market By Resin Type
Epoxy
Polyurethane
Acrylic
Silicone
High Performance Adhesives Market By Technology Type
Solvent-based
Water-based
Hot-melt
UV-curable
High Performance Adhesives Market By End-User Industry
Transportation
Electrical and Electronics
Construction
Medical
Aerospace & Defense
Packaging
Others
High Performance Adhesives Market By Geography
North America
Europe
- U.K
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of High Performance Adhesives
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. High Performance Adhesives Market By Resin Type
1.2.2.1. Global High Performance Adhesives Market Revenue and Growth Rate Comparison By Resin Type(2020-2027)
1.2.2.2. Global High Performance Adhesives Market Revenue Share By Resin Type in 2019
1.2.2.3. Epoxy
1.2.2.4. Polyurethane
1.2.2.5. Acrylic
1.2.2.6. Silicone
1.2.3. High Performance Adhesives Market By Technology Type
1.2.3.1. Global High Performance Adhesives Market Revenue and Growth Rate Comparison By Technology Type (2020-2027)
1.2.3.2. Global High Performance Adhesives Market Revenue Share By Technology Type in 2019
1.2.3.2.1. Solvent-based
1.2.3.2.2. Water-based
1.2.3.2.3. Hot-melt
1.2.3.2.4. UV-curable
1.2.4. High Performance Adhesives Market By End-User Industry
1.2.4.1. Global High Performance Adhesives Market Revenue and Growth Rate Comparison By End-User Industry(2020-2027)
1.2.4.2. Global High Performance Adhesives Market Revenue Share By End-User Industry in 2019
1.2.4.2.1. Transportation
1.2.4.2.2. Electrical and Electronics
1.2.4.2.3. Construction
1.2.4.2.4. Medical
1.2.4.2.5. Aerospace & Defense
1.2.4.2.6. Packaging
1.2.4.2.7. Others
1.2.5. High Performance Adhesives Market By Geography
1.2.5.1. Global High Performance Adhesives Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America High Performance Adhesives Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe High Performance Adhesives Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific High Performance Adhesives Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America High Performance Adhesives Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) High Performance Adhesives Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING High Performance Adhesives ANALYSIS
3.1. Capacity and Commercial Production Date of Global High Performance Adhesives Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global High Performance Adhesives Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global High Performance Adhesives Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global High Performance Adhesives Major Manufacturers in 2019
CHAPTER 4. High Performance Adhesives MARKET By Resin Type
4.1. Global High Performance Adhesives Revenue By Resin Type
4.2. Epoxy
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Polyurethane
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Acrylic
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Silicone
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. High Performance Adhesives MARKET By Technology Type
5.1. Global High Performance Adhesives Revenue By Technology Type
5.2. Solvent-based
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Water-based
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Hot-melt
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. UV-curable
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. High Performance Adhesives MARKET By End-User Industry
6.1. Global High Performance Adhesives Revenue By End-User Industry
6.2. Transportation
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Electrical and Electronics
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.4. Construction
6.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.5. Medical
6.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.6. Aerospace & Defense
6.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.7. Packaging
6.7.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.8. Others
6.8.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.8.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA High Performance Adhesives MARKET BY COUNTRY
7.1. North America High Performance Adhesives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America High Performance Adhesives Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. High Performance Adhesives Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe High Performance Adhesives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe High Performance Adhesives Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC High Performance Adhesives MARKET BY COUNTRY
9.1. Asia-Pacific High Performance Adhesives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific High Performance Adhesives Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA High Performance Adhesives MARKET BY COUNTRY
10.1. Latin America High Performance Adhesives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America High Performance Adhesives Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA High Performance Adhesives MARKET BY COUNTRY
11.1. Middle East & Africa High Performance Adhesives Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa High Performance Adhesives Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Resin Type, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Technology Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By End-User Industry, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. 3M Company
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Bostik
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. H.B. Fuller Company
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Henkel AG & Co. KGaA
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Avery Dennison Corporation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Illinois Tool Works Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. Dymax Corporation
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Pidilite Industries Limited
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Ashland Inc.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolioa
12.9.5. Key Developments
12.9.6. Strategies
12.10. DELO Industrie Klebstoffe GmbH & Co. KGaA
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
