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Quality Demand for Superior-Quality Bonding Adhesives Market from Industrialization, Growth By 2024

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The market for bonding adhesives has experienced speedy growth in recent times and is expected to grow at a constant rate in the coming days as well. High number of applications coupled with the qualities possessed by bonding adhesives drive the mar
Transparency Market Research
Bonding Adhesives Market Global Industry Analysis, Size,
Share, Growth, Trends, and
Forecast 2016 - 2024
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REPORT DESCRIPTION
Bonding adhesives are employed to stick two surfaces by producing a smooth bond between the surfaces to be joined.
The technique involved in joining the surfaces makes use of epoxies, glues, or plastic agents that help in bonding. The
process of bonding is associated with evaporation of the solvent or curing of the bonding agent by applying the pressure
or heat.
Bonding adhesives are known to have superior stress-bearing capacity. Upon application, the stress load is distributed
evenly over the entire surface, which reduces the stress on a single location. Adhesives of better quality are resistant to
vibration and flex stresses. Adhesives can efficiently join surfaces of irregular shapes, and bond heat-sensitive as well as
dissimilar substrates.
Based on the type of product to be bonded together, bonding adhesives are classified as glass bonding adhesives, fiberbonding adhesives, metal-bonding adhesives, and others (including friction bonding adhesives).
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Bonding Adhesives Market: Market Trends
Bonding adhesives have a wide range of applications such as automotive, packaging, electronics, industrial assembly,
transportation, medical, and furniture. They are known to have properties such as high bond strength, superior adhesion,
resistance to low temperature, and low thermal expansion.
The market for bonding adhesives has experienced speedy growth in recent times and is expected to grow at a constant
rate in the coming days as well. High number of applications coupled with the qualities possessed by bonding adhesives
drive the market.
The global bonding adhesives market is likely to witness substantial growth in the near future, due to the increasing
demand for superior-quality bonding adhesives from major end-use industries such as transportation, furniture, and
electronics.
One of the limitations of bonding adhesives is the time required to fix and develop in full strength. Keeping in mind the
above limitation, the market of bonding adhesives may witness a downfall is any substitute is developed which could
efficiently replace it and reduce the time required for the fixation of bonding tapes.
However, the increasing industrialization is projected to offer a wide range of growth opportunities for the market for
bonding adhesives in the near future.
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Bonding Adhesives Market: Region-wise Outlook
Asia Pacific has witnessed exponential growth in the market for bonding adhesives previously. The same trend is
expected to continue in the near future, due to growing number of manufacturing industries, increasing foreign
investments, cheap labor, high economic growth rate, and various electronic applications.
The presence of countries such as Taiwan, Korea, China, and India in Asia Pacific, which are among the leading
economies involved in the production of electronic components, may lead to rapid increase of the market of bonding
adhesives in Asia Pacific in future, since majority amount of bonding adhesives are used in electronic components.
The bonding adhesives market in North America is expected to witness substantial growth, due to presence of end-use
industries such as medical, transportation, and electronics in major economies such as Canada and the U.S.
The market for bonding adhesives is expected to expand in the near future, due to presence of companies that
manufacture bonding adhesives.
The bonding adhesives markets in Latin America and Middle East & Africa are anticipated to witness growth at a slower
rate as compared to other regions.
Bonding Adhesives Market: Key Players
Some of the key players operating in the market for bonding adhesives are 3M, The Dow Chemical Company, Dymax
Corporation, Ashland Inc., H.B. Fuller Company, Permabond Engineering Adhesives, and Huntsman Advanced Materials.
The study is a source of reliable data on:
 Key market segments and sub-segments
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Evolving market trends and dynamics
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Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model
analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors
essential for the existing market players and new entrants along with detailed value chain analysis.
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