Engineering Adhesives Market Research Report and Forecast up to 2023 Engineering Adhesives Market | Page 2

replaced with lightweight components such as aluminum, engineering plastics, and
composites. This, in turn, boosts demand for high-performance adhesives, which are
replacing traditional metal joining techniques.
Presently, engineering adhesives is valued at approximately US$ 13 Bn and is likely
to expand at a CAGR of approximately 4% from 2015 to 2023. This estimated
growth rate is more than the average growth rate of the global adhesives and
sealants market. Growth is primarily driven by the ever-advancing industries and
technologies and increasing need for well-engineered and sophisticated bonded
parts.
Global Engineering Adhesives Market: Major Players
The market for engineering adhesives is dominated by major players that include
large corporations such as Henkel AG & Co. KGaA, Huntsman Advanced Materials,
Dow Corning Corporation, Permabond, PPG Industries, 3M Company, H. B. Fuller,
Evonik Industries, Sika AG, Royal Adhesives & Sealants, RPM International, Inc.,
Ashland Inc., Illinois Tool Works Inc., MACtac, MAPEI, LORD Corporation, Jowat
Corporation, and Arkema S. A.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
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