Europe Specialty Adhesives Market – Size, Outlook, Trends, and Forecast (2024

Europe Specialty Adhesives Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

An adhesive is a substance capable of holding materials together by surface attachment. The different advantages of using adhesives includes, allows joint substrates with different geometries, sizes and composition in which adhesives can joint glass, plastics, metals, ceramics & others, strong flexibility in the product design, special adhesives prepared to conduct electricity or electrical insulator are usually used in the field of electronics, and others. One of the speciality adhesives is cyanoacrylate adhesives, bond very quickly and to a range of substrates. They form a very strong bond and dry clear. They work perfectly in tensile applications that have low impact strength requirements and are good for the projects involving wood, metal, ceramic, leather, glass, and some plastic where the bond line is very tight.

Europe Specialty Adhesives Market Segments Size & Growth:

Europe speciality adhesives market size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include infrastructural development in emerging economies, increasing demand from the automotive sector, rising demand from medical sector, and technological advancements in end-use industries. However, stringent regulations and volatility in raw material prices are thereby hindering the market growth. The opportunity for speciality adhesives market includes balancing of European construction sector.

The major driver which is boosting the growth of speciality adhesives market is the growing demand for

Europe Specialty Adhesives Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

speciality adhesives from the automotive and medical sectors. Moreover, infrastructural development in emerging economies is expected to boost the market growth at a greater pace. Speciality adhesives are used majorly in the various application which includes military, aerospace, automotive, marine, construction, medical, photonics, and others.

Europe Specialty Adhesives Market Segments Share:

Europe speciality adhesives market is categorised into a product which comprises of cyanoacrylates, polyvinyl acetate, polyurethanes, and acrylic. Among them, cyanoacrylates segment is projected to hold the largest share in the market. The various advantages of using cyanoacrylates include non-flammable, rapid cure, unique bonding characteristics, very easy to use and automate, ideal for high-temperature applications, more efficiencies and reduced costs in the manufacturing process, and others. By end-users, the market is segmented into aerospace, automotive, construction, marine, healthcare, military, and others. The construction segment is expected to hold the largest share in the market due to a wide range of applications in the construction sector, such as floor coverings, tiles, and parquet flooring, and many more applications.

By Geography, UK and Germany are projected to hold the largest share in the market and Italy is expected to witness the highest growth rate in the market during the forecast period. The growth in this region is expected to make a significant contribution to the soaring revenue of the speciality adhesive market as the automotive, packaging, and construction industries have increased the growth rate of the market.

Europe Specialty Adhesives Market Trends:

Bostik, the leading global adhesive specialist in construction, consumer, and industrial markets, has announced to acquire XL brands in flooring adhesives.
B. Fuller has announced the increase in the price for adhesives between 5% and 15 %, depending on the product sold.

Europe Specialty Adhesives Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major market players, such as

3M Company
The Dow Chemical Company
Advanced Adhesive Technologies, Inc.
Bostik
Henkel

Along with these companies, there were many other companies considered/cited in the report while analysing the Europe speciality adhesives market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

Specialty Adhesives MarketTrends: Bostik,

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Europe Specialty Adhesives Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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