Zion Market Research Global Epoxy Adhesives Market, 2016–2024 | Page 3

Epoxy Adhesives Market
manufacturing of integrated circuits and transistors and printed circuit boards. The increase
in the industries that consume epoxy adhesives has grown considerably thus fueling the
market growth. In addition, advanced technology is used to make adhesives safer for
humans which in turn opens up new growth opportunities. Conversely, toxic fumes are
emitted during the application of epoxy adhesives which restrains the global epoxy
adhesives market growth to some extent.
Global Epoxy Adhesives Market by Segmentation: The global epoxy adhesives market
is fragmented based on its application which includes transportation, automotive, building &
construction, marine, electrical & electronics, semiconductor, wind energy and others. Of
these, aerospace is the major consumer of epoxy adhesives and the semiconductor industry
is the second largest consumer of the epoxy adhesives across the globe. Based on the
type, the global market is segregated as two-component, one-component and others. One
component epoxies have excellent adhesion to metals and it is used as alternatives to
riveting and welding. They require cold storage in order to provide sufficient shelf life. It is
also used in assembling rotor blades and of aircraft panels.
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Global Epoxy Adhesives Market by Regional Analysis: Asia-Pacific has contributed for
the largest market share across the world. Aerospace and semiconductor industry in the
Asia-Pacific is a major consumer of epoxy adhesives. Moreover, North America is
experiencing significant growth in coming years. South Korea and Japan are expected to be
another manufacturing hub for epoxy resins. The epoxy adhesives market is anticipated to