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Knowing a Bit About Epoxy Adhesives

Submitted by PrmaodKr on Mon, 05/29/2023 - 02:35

Copolymers, such as epoxy adhesives, are created by combining a hardener with a resin. Epoxy adhesives are the most popular structural adhesives because of their exceptional qualities, including great strength, the ability to attach to a broad range of materials, and chemical and environmental resistance.

These adhesives can be found in a variety of systems, including one-component, heat-curing, and two-component, room-temperature systems. As per a report by P&S Intelligence, by 2030, it is predicted that the epoxy adhesive market will hit $13,483.9 million.

The market's major end consumer of epoxy adhesives is the building and construction industry. As a result, the category produced the most income. This is explained by the adhesives' adaptability in construction and building-related applications.

These adhesives may be applied to a variety of surfaces, including plywood, gypsum drywall, metal, wood, stainless steel, porcelain, ceramic, fiberglass, cellular PVC, and bricks. They can also be used to fill gaps, repair surfaces, laminate, and laminate.

The market for these adhesives is advancing at a CAGR of over 6%, driven mostly by the soaring demand for them in the automotive and transportation sectors for structural bonding applications.

Owing to the heat- and weather-resistant qualities and stiff bonding capability, which contributes to improving the structural integrity of cars, automakers are drawn to these adhesives. Consequently, the demand for epoxy-based adhesives is anticipated to increase in the approaching years along with the rising demand for automobiles.

The offline distribution channel provides a lot of freedom in terms of selecting various items and making quality determinations. Additionally, the automobile and construction sectors prefer to buy in bulk and acquire their desired volume directly from suppliers and dealers.

According to the industry study, the category is expected to account for more than 75% of the market's revenue.

Moreover, APAC dominates the market thanks to its large sectors in semiconductors, automotive, electrical & electronics, and construction. The need for epoxy adhesives in the area is anticipated to benefit from elements including quick economic expansion, increased disposable incomes, and a consequent rise in the need for residential housing and solar installations.

Get More details Epoxy Adhesive Market Business Opportunities