세계의 복합 접착제 시장 규모, 점유율 및 동향 분석 보고서 : 제품별, 용도별, 지역별 전망 및 예측(2023-2030년)

The Global Composite Adhesive Market size is expected to reach $4.6 billion by 2030, rising at a market growth of 5.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 876.64 Kilo Tonnes, experiencing a growth of 3.8% (2019-2022).

The Asia Pacific region, with its booming manufacturing and automotive sectors, has witnessed a growing demand for lightweight materials. Therefore, the Asia Pacific segment captured $717.27 million revenue in the market in 2022. Composite adhesives play a crucial role in bonding lightweight composite materials, which are increasingly used in automotive, aerospace, and construction industries. Therefore, these factors will fuel the demand in the segment.

The aerospace and automotive industries constantly strive to enhance fuel efficiency and reduce overall weight. Composite materials, known for their high strength-to-weight ratio, provide an effective solution. Vehicles and aircraft can achieve better fuel economy by incorporating lightweight composites without compromising structural integrity. Composite materials, when properly bonded using advanced adhesives, contribute to the structural integrity of components. The bonding process enhances the load-bearing capacity of composite structures, making them suitable for critical applications in aircraft wings, fuselages, automotive chassis, and other components. Moreover, composite materials offer greater design flexibility than traditional materials like metals. Additionally, Typical composite materials for constructing wind turbine blades include fiberglass and carbon fiber-reinforced polymers (CFRP). These materials are selected compared to conventional materials such as steel due to their superior strength, durability, and comparatively lightweight. Due to their exceptional strength-to-flexibility ratio, composite materials are ideally adapted for the demanding and dynamic environments that wind turbine blades encounter. They are also corrosion-resistant, which is crucial for the longevity and performance of the blades. Moreover, composite materials give designers greater flexibility in shaping the wind turbine blades. As a result, these factors will lead to increased demand for these products in the future.

However, it relies on specialty resins, including epoxy, polyurethane, or other advanced polymers. Fiberglass or carbon fibre are examples of reinforcing fibres that improve the strength and other mechanical properties of an adhesive. These specialty components contribute to the overall cost. Manufacturers often use high-quality and engineered raw materials to ensure the desired performance characteristics. These materials undergo specific processes and treatments to meet the stringent requirements of various applications, particularly in industries like aerospace and automotive. Moreover, developing advanced composite adhesive formulations requires research and development efforts to optimize performance, durability, and other properties. These costs and the costs associated with obtaining and testing specialized raw materials contribute to the overall expense. The production of these may not always reach the same economies of scale as conventional adhesive technologies. Hence, these aspects can limit the growth of the market.

By Product Analysis

Based on product, the market is segmented into acrylic, epoxy, polyurethane, cyanoacrylate, and others. In 2022, the polyurethane segment garnered a significant revenue share in the market. Polyurethane adhesives exhibit exceptional versatility, adhering well to various materials, including metals, plastics, composites, and wood. This versatility makes them suitable for various applications across different industries, contributing to their growing market demand. Therefore, the segment will expand rapidly in the coming years.

By Application Analysis

On the basis of application, the market is divided into automotive & transportation, aerospace & defense, electrical & electronics, construction & infrastructure, and others. The aerospace and defense segment recorded the maximum revenue share in the market in 2022. The aerospace industry places a high premium on weight reduction to enhance fuel efficiency and overall performance. These offer a lightweight alternative to traditional joining methods like mechanical fasteners, contributing to the development of fuel-efficient aircraft. As fuel costs and environmental concerns continue to influence the industry, their demand has increased. Thus, the segment will witness increased demand in the coming years.

By Regional Analysis

By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment garnered a significant revenue share in the market in 2022. North America, particularly the United States, is a major hub for the aerospace and defense industry. These play a crucial role in the manufacturing and assembly of aircraft components, where lightweight and high-strength materials are essential. The growth in this sector can drive their demand. As a result, the segment will grow rapidly in the upcoming years.

Some of the Strategies Deployed in the Composite Adhesive Market

• May-2023: H.B. Fuller Company completed the acquisition of Beardow & Adams (Adhesives) Limited, a multinational manufacturer of adhesives. Through this acquisition, H.B. Fuller achieved growth in its core end markets. Additionally, the acquisition helped with business synergies through product optimization.
• Nov-2022: The Dow Chemical Company launched the VORATRON MA 8200S high-bonding adhesives. The new product improves the durability and integrated assembly of the electric vehicle battery packs.
• Sep-2022: Henkel AG & Company, KGaA completed the acquisition of the Thermal Management Materials business from Nanoramic Laboratories, an industry-leading energy storage innovator. Through this acquisition, Henkel enhanced the position of its Adhesive Technologies business in the Thermal Interface Materials (TIM) market.
• May-2021: Sika AG took over sealants and adhesives business in Japan. This acquisition aimed to improve Sika's market approach in all major Japanese OEMs, particularly the product offering for sealing and bonding applications in the Japanese construction industry.
• Mar-2020: Huntsman Corporation completed the acquisition of CVC Thermoset Specialties, a leader in the manufacture of specialty materials. Through this acquisition, Huntsman enhanced its Advanced Materials portfolio and epoxy-based materials. Additionally, the acquisition assisted in globalizing the wide variety of products of CVC Thermoset Specialties.

List of Key Companies Profiled

• 3M Company
• Arkema S.A.
• The Dow Chemical Company
• Henkel AG & Company, KGaA
• H.B. Fuller Company
• Huntsman Corporation
• Illinois Tools Works, Inc.
• BASF SE
• Parker Hannifin Corporation
• Sika AG

Global Composite Adhesive Market Report Segmentation

By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Epoxy
• Acrylic
• Polyurethane
• Cyanoacrylate
• Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Aerospace & Defense
• Automotive & Transportation
• Electrical & Electronics
• Construction & Infrastructure
• Others

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Composite Adhesive Market, by Product
  • 1.4.2 Global Composite Adhesive Market, by Application
  • 1.4.3 Global Composite Adhesive Market, by Geography
• 1.5 Methodology for the research

Chapter 2. Market at a Glance

• 2.1 Key Highlights

Chapter 3. Market Overview

• 3.1 Introduction
  • 3.1.1 Overview
    • 3.1.1.1 Market Composition and Scenario
• 3.2 Key Factors Impacting the Market
  • 3.2.1 Market Drivers
  • 3.2.2 Market Opportunities
  • 3.2.3 Market Restraints
  • 3.2.4 Market Challenges
• 3.3 Porter's Five Forces Analysis

Chapter 4. Some of the Strategies Deployed in the Composite Adhesive Market

Chapter 5. Global Composite Adhesive Market, by Product

• 5.1 Global Epoxy Market, by Region
• 5.2 Global Acrylic Market, by Region
• 5.3 Global Polyurethane Market, by Region
• 5.4 Global Cyanoacrylate Market, by Region
• 5.5 Global Others Market, by Region

Chapter 6. Global Composite Adhesive Market, by Application

• 6.1 Global Aerospace & Defense Market, by Region
• 6.2 Global Automotive & Transportation Market, by Region
• 6.3 Global Electrical & Electronics Market, by Region
• 6.4 Global Construction & Infrastructure Market, by Region
• 6.5 Global Others Market, by Region

Chapter 7. Global Composite Adhesive Market, by Region

• 7.1 North America Composite Adhesive Market
  • 7.1.1 North America Composite Adhesive Market, by Product
    • 7.1.1.1 North America Epoxy Market, by Country
    • 7.1.1.2 North America Acrylic Market, by Country
    • 7.1.1.3 North America Polyurethane Market, by Country
    • 7.1.1.4 North America Cyanoacrylate Market, by Country
    • 7.1.1.5 North America Others Market, by Country
  • 7.1.2 North America Composite Adhesive Market, by Application
    • 7.1.2.1 North America Aerospace & Defense Market, by Country
    • 7.1.2.2 North America Automotive & Transportation Market, by Country
    • 7.1.2.3 North America Electrical & Electronics Market, by Country
    • 7.1.2.4 North America Construction & Infrastructure Market, by Country
    • 7.1.2.5 North America Others Market, by Country
  • 7.1.3 North America Composite Adhesive Market, by Country
    • 7.1.3.1 US Composite Adhesive Market
      • 7.1.3.1.1 US Composite Adhesive Market, by Product
      • 7.1.3.1.2 US Composite Adhesive Market, by Application
    • 7.1.3.2 Canada Composite Adhesive Market
      • 7.1.3.2.1 Canada Composite Adhesive Market, by Product
      • 7.1.3.2.2 Canada Composite Adhesive Market, by Application
    • 7.1.3.3 Mexico Composite Adhesive Market
      • 7.1.3.3.1 Mexico Composite Adhesive Market, by Product
      • 7.1.3.3.2 Mexico Composite Adhesive Market, by Application
    • 7.1.3.4 Rest of North America Composite Adhesive Market
      • 7.1.3.4.1 Rest of North America Composite Adhesive Market, by Product
      • 7.1.3.4.2 Rest of North America Composite Adhesive Market, by Application
• 7.2 Europe Composite Adhesive Market
  • 7.2.1 Europe Composite Adhesive Market, by Product
    • 7.2.1.1 Europe Epoxy Market, by Country
    • 7.2.1.2 Europe Acrylic Market, by Country
    • 7.2.1.3 Europe Polyurethane Market, by Country
    • 7.2.1.4 Europe Cyanoacrylate Market, by Country
    • 7.2.1.5 Europe Others Market, by Country
  • 7.2.2 Europe Composite Adhesive Market, by Application
    • 7.2.2.1 Europe Aerospace & Defense Market, by Country
    • 7.2.2.2 Europe Automotive & Transportation Market, by Country
    • 7.2.2.3 Europe Electrical & Electronics Market, by Country
    • 7.2.2.4 Europe Construction & Infrastructure Market, by Country
    • 7.2.2.5 Europe Others Market, by Country
  • 7.2.3 Europe Composite Adhesive Market, by Country
    • 7.2.3.1 Germany Composite Adhesive Market
      • 7.2.3.1.1 Germany Composite Adhesive Market, by Product
      • 7.2.3.1.2 Germany Composite Adhesive Market, by Application
    • 7.2.3.2 UK Composite Adhesive Market
      • 7.2.3.2.1 UK Composite Adhesive Market, by Product
      • 7.2.3.2.2 UK Composite Adhesive Market, by Application
    • 7.2.3.3 France Composite Adhesive Market
      • 7.2.3.3.1 France Composite Adhesive Market, by Product
      • 7.2.3.3.2 France Composite Adhesive Market, by Application
    • 7.2.3.4 Russia Composite Adhesive Market
      • 7.2.3.4.1 Russia Composite Adhesive Market, by Product
      • 7.2.3.4.2 Russia Composite Adhesive Market, by Application
    • 7.2.3.5 Spain Composite Adhesive Market
      • 7.2.3.5.1 Spain Composite Adhesive Market, by Product
      • 7.2.3.5.2 Spain Composite Adhesive Market, by Application
    • 7.2.3.6 Italy Composite Adhesive Market
      • 7.2.3.6.1 Italy Composite Adhesive Market, by Product
      • 7.2.3.6.2 Italy Composite Adhesive Market, by Application
    • 7.2.3.7 Rest of Europe Composite Adhesive Market
      • 7.2.3.7.1 Rest of Europe Composite Adhesive Market, by Product
      • 7.2.3.7.2 Rest of Europe Composite Adhesive Market, by Application
• 7.3 Asia Pacific Composite Adhesive Market
  • 7.3.1 Asia Pacific Composite Adhesive Market, by Product
    • 7.3.1.1 Asia Pacific Epoxy Market, by Country
    • 7.3.1.2 Asia Pacific Acrylic Market, by Country
    • 7.3.1.3 Asia Pacific Polyurethane Market, by Country
    • 7.3.1.4 Asia Pacific Cyanoacrylate Market, by Country
    • 7.3.1.5 Asia Pacific Others Market, by Country
  • 7.3.2 Asia Pacific Composite Adhesive Market, by Application
    • 7.3.2.1 Asia Pacific Aerospace & Defense Market, by Country
    • 7.3.2.2 Asia Pacific Automotive & Transportation Market, by Country
    • 7.3.2.3 Asia Pacific Electrical & Electronics Market, by Country
    • 7.3.2.4 Asia Pacific Construction & Infrastructure Market, by Country
    • 7.3.2.5 Asia Pacific Others Market, by Country
  • 7.3.3 Asia Pacific Composite Adhesive Market, by Country
    • 7.3.3.1 China Composite Adhesive Market
      • 7.3.3.1.1 China Composite Adhesive Market, by Product
      • 7.3.3.1.2 China Composite Adhesive Market, by Application
    • 7.3.3.2 Japan Composite Adhesive Market
      • 7.3.3.2.1 Japan Composite Adhesive Market, by Product
      • 7.3.3.2.2 Japan Composite Adhesive Market, by Application
    • 7.3.3.3 India Composite Adhesive Market
      • 7.3.3.3.1 India Composite Adhesive Market, by Product
      • 7.3.3.3.2 India Composite Adhesive Market, by Application
    • 7.3.3.4 South Korea Composite Adhesive Market
      • 7.3.3.4.1 South Korea Composite Adhesive Market, by Product
      • 7.3.3.4.2 South Korea Composite Adhesive Market, by Application
    • 7.3.3.5 Singapore Composite Adhesive Market
      • 7.3.3.5.1 Singapore Composite Adhesive Market, by Product
      • 7.3.3.5.2 Singapore Composite Adhesive Market, by Application
    • 7.3.3.6 Malaysia Composite Adhesive Market
      • 7.3.3.6.1 Malaysia Composite Adhesive Market, by Product
      • 7.3.3.6.2 Malaysia Composite Adhesive Market, by Application
    • 7.3.3.7 Rest of Asia Pacific Composite Adhesive Market
      • 7.3.3.7.1 Rest of Asia Pacific Composite Adhesive Market, by Product
      • 7.3.3.7.2 Rest of Asia Pacific Composite Adhesive Market, by Application
• 7.4 LAMEA Composite Adhesive Market
  • 7.4.1 LAMEA Composite Adhesive Market, by Product
    • 7.4.1.1 LAMEA Epoxy Market, by Country
    • 7.4.1.2 LAMEA Acrylic Market, by Country
    • 7.4.1.3 LAMEA Polyurethane Market, by Country
    • 7.4.1.4 LAMEA Cyanoacrylate Market, by Country
    • 7.4.1.5 LAMEA Others Market, by Country
  • 7.4.2 LAMEA Composite Adhesive Market, by Application
    • 7.4.2.1 LAMEA Aerospace & Defense Market, by Country
    • 7.4.2.2 LAMEA Automotive & Transportation Market, by Country
    • 7.4.2.3 LAMEA Electrical & Electronics Market, by Country
    • 7.4.2.4 LAMEA Construction & Infrastructure Market, by Country
    • 7.4.2.5 LAMEA Others Market, by Country
  • 7.4.3 LAMEA Composite Adhesive Market, by Country
    • 7.4.3.1 Brazil Composite Adhesive Market
      • 7.4.3.1.1 Brazil Composite Adhesive Market, by Product
      • 7.4.3.1.2 Brazil Composite Adhesive Market, by Application
    • 7.4.3.2 Argentina Composite Adhesive Market
      • 7.4.3.2.1 Argentina Composite Adhesive Market, by Product
      • 7.4.3.2.2 Argentina Composite Adhesive Market, by Application
    • 7.4.3.3 UAE Composite Adhesive Market
      • 7.4.3.3.1 UAE Composite Adhesive Market, by Product
      • 7.4.3.3.2 UAE Composite Adhesive Market, by Application
    • 7.4.3.4 Saudi Arabia Composite Adhesive Market
      • 7.4.3.4.1 Saudi Arabia Composite Adhesive Market, by Product
      • 7.4.3.4.2 Saudi Arabia Composite Adhesive Market, by Application
    • 7.4.3.5 South Africa Composite Adhesive Market
      • 7.4.3.5.1 South Africa Composite Adhesive Market, by Product
      • 7.4.3.5.2 South Africa Composite Adhesive Market, by Application
    • 7.4.3.6 Nigeria Composite Adhesive Market
      • 7.4.3.6.1 Nigeria Composite Adhesive Market, by Product
      • 7.4.3.6.2 Nigeria Composite Adhesive Market, by Application
    • 7.4.3.7 Rest of LAMEA Composite Adhesive Market
      • 7.4.3.7.1 Rest of LAMEA Composite Adhesive Market, by Product
      • 7.4.3.7.2 Rest of LAMEA Composite Adhesive Market, by Application

Chapter 8. Company Profiles

• 8.1 3M Company
  • 8.1.1 Company Overview
  • 8.1.2 Financial Analysis
  • 8.1.3 Segmental and Regional Analysis
  • 8.1.4 Research & Development Expense
  • 8.1.5 SWOT Analysis
• 8.2 Arkema S.A.
  • 8.2.1 Company Overview
  • 8.2.2 Financial Analysis
  • 8.2.3 Segmental and Regional Analysis
  • 8.2.4 SWOT Analysis
• 8.3 The Dow Chemical Company
  • 8.3.1 Company Overview
  • 8.3.2 Financial Analysis
  • 8.3.3 Segmental and Regional Analysis
  • 8.3.4 Research & Development Expenses
  • 8.3.5 Recent strategies and developments:
    • 8.3.5.1 Product Launches and Product Expansions:
  • 8.3.6 SWOT Analysis
• 8.4 Henkel AG & Company, KGaA
  • 8.4.1 Company Overview
  • 8.4.2 Financial Analysis
  • 8.4.3 Segmental and Regional Analysis
  • 8.4.4 Research & Development Expense
  • 8.4.5 Recent strategies and developments:
    • 8.4.5.1 Acquisition and Mergers:
  • 8.4.6 SWOT Analysis
• 8.5 H.B. Fuller Company
  • 8.5.1 Company Overview
  • 8.5.2 Financial Analysis
  • 8.5.3 Segmental and Regional Analysis
  • 8.5.4 Research & Development Expense
  • 8.5.5 Recent strategies and developments:
    • 8.5.5.1 Acquisition and Mergers:
  • 8.5.6 SWOT Analysis
• 8.6 Huntsman Corporation
  • 8.6.1 Company Overview
  • 8.6.2 Financial Analysis
  • 8.6.3 Segment and Regional Analysis
  • 8.6.4 Research & Development Expense
  • 8.6.5 Recent strategies and developments:
    • 8.6.5.1 Acquisition and Mergers:
  • 8.6.6 SWOT Analysis
• 8.7 Illinois Tools Works, Inc.
  • 8.7.1 Company Overview
  • 8.7.2 Financial Analysis
  • 8.7.3 Segmental and Regional Analysis
  • 8.7.4 Research & Development Expenses
  • 8.7.5 SWOT Analysis
• 8.8 BASF SE
  • 8.8.1 Company Overview
  • 8.8.2 Financial Analysis
  • 8.8.3 Segmental and Regional Analysis
  • 8.8.4 Research & Development Expense
  • 8.8.5 SWOT Analysis
• 8.9 Parker Hannifin Corporation
  • 8.9.1 Company Overview
  • 8.9.2 Financial Analysis
  • 8.9.3 Segmental and Regional Analysis
  • 8.9.4 Research & Development Expenses
  • 8.9.5 Recent strategies and developments:
    • 8.9.5.1 Acquisition and Mergers:
  • 8.9.6 SWOT Analysis
• 8.10. Sika AG
  • 8.10.1 Company Overview
  • 8.10.2 Financial Analysis
  • 8.10.3 Regional Analysis
  • 8.10.4 Research & Development Expense
  • 8.10.5 Recent strategies and developments:
    • 8.10.5.1 Acquisition and Mergers:
  • 8.10.6 SWOT Analysis

Chapter 9. Winning Imperatives of Composite Adhesive Market