Elastic Adhesive Market - Global Forecast to 2022

DUBLIN, March 26, 2018 /PRNewswire/ --

The "Elastic Adhesive Market by Resin Type, End-Use Industry, Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

Increasing demand for elastic adhesives across various end-use industries is driving the growth of the elastic adhesive market. The elastic adhesive market is projected to grow from USD 14.53 Billion in 2017 to USD 20.07 Billion by 2022, at a CAGR of 6.68% between 2017 and 2022. T

he scope of the report includes elastic bonding adhesives and sealants. Elastic adhesives provide improved aesthetics to windows and consumer durables. These adhesives are also used for glazing as they limit the use of screws, nails, fillet bonders, and lightweight fittings. They have compatibility with metal surfaces, painted surfaces, all absorbent mineral substrates, wood, brickwork, and glass, among others. They can be painted after complete polymerization as well.

The polyurethane segment is projected to lead the elastic adhesive market during the forecast period. The Silane Modified Polymers (SMP) segment of the elastic adhesive market is projected to grow at the highest CAGR between 2017 and 2022. Polyurethane resin types are mainly used for bonding windscreens and side and rear windows of passenger cars, trucks, tractors, and special vehicles, among others as they offer improved adhesion and painting characteristics. Silicone resin types exhibit high chemical stability against external agents such as oxygen and ultraviolet light and hence, are used for joints and sealed glass in windows, doors, and solar panels.

The construction end-use industry segment of the elastic adhesive market accounted for the largest share of the elastic adhesive market in 2016. Elastic adhesives provide strong bonding and excellent stress recovery to substrates, thereby enabling them to retain shape after being pulled or bent. They have fast-curing rates and adhere to non-primed surfaces. Elastic adhesives protect surfaces against impacts, shocks, abrasion, and aging. Using the latest computer technologies, manufacturers can design elastic adhesive joints of different dimensions to cater to the requirements of applications with precisely determined limits. They also enable improved designs with enhanced aesthetics and painting characteristics.

The Asia Pacific region is the largest market for elastic adhesives across the globe. The Asia Pacific elastic adhesive market has grown over the past few years due to the rising income level of the middle-class population and increasing government investments, especially in the building & construction sector of the region. The Asia Pacific region is increasingly becoming an important global trade and commerce center. The region is currently the fastest-growing and the largest market for elastic adhesives in the world. With the economic contraction and saturation of the European and North American markets, manufacturers are shifting their bases towards the Asia Pacific region.

However, the lack of awareness among end users about benefits offered by elastic adhesives is expected to restrain the growth of the elastic adhesive market during the forecast period.

The key manufacturers of elastic adhesives include Henkel (Germany), 3M (US), Arkema (France), Weicon (Germany), Wacker Chemie (Germany), and Sika (Switzerland), among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities for Market Players
4.2 Elastic Bonding Adhesives & Sealants Market: Major Resin Types
4.3 Elastic Bonding Adhesives & Sealants Market in APAC
4.4 Global Elastic Bonding Adhesives & Sealants Market
4.5 Elastic Bonding Adhesives & Sealants Market: Developed vs Developing Nations
4.6 Elastic Bonding Adhesives & Sealants Market: Growing Demand From APAC

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand From the Glazing and Panel Applications
5.2.1.2 Advancements in Adhesive Bonding Leading to Ease of Application
5.2.1.3 Rising Demand From Developing Countries
5.2.1.4 Growing Demand From End-Use Industries
5.2.1.5 Increasing Use of Silicone Elastic Bonding Adhesives & Sealants in Various Industries
5.2.1.6 Growing Demand for Lightweight and Low Carbon Emitting Vehicles
5.2.1.7 Growing Demand for SMP Adhesives
5.2.2 Restraints
5.2.2.1 Lack of Acceptance From End Users
5.2.3 Opportunities
5.2.3.1 Growing Demand for Non-Hazardous, Green, and Sustainable Elastic Bonding Adhesives & Sealants
5.2.3.2 Innovations Across End-Use Industries
5.2.4 Challenges
5.2.4.1 Stringent Regulatory Approvals Required for Production
5.3 Porter's Five Forces Analysis
5.4 Macroeconomic Overview and Key Indicators
5.4.1 Introduction
5.4.1.1 Global GDP Trends and Forecasts
5.4.1.2 Forecast of the Construction Industry
5.4.1.3 Growth Indicators in the Automotive Industry
5.5 Patent Details
5.5.1 List of Major Patents

6 Elastic Bonding Adhesives & Sealants Market, By Resin Type
6.1 Introduction
6.2 Polyurethane
6.3 Silicone
6.4 Silane Modified Polymers (SMP)
6.5 Others

7 Elastic Bonding Adhesives & Sealants Market, By End-Use Industry and Application
7.1 Introduction
7.2 Construction
7.2.1 Flooring
7.2.2 Glazing
7.2.3 Sanitary & Kitchen
7.2.4 Off-Site Operations
7.2.5 Civil Engineering
7.2.6 Others
7.3 Industrial
7.3.1 Direct Glazing
7.3.2 Assembly
7.3.3 Others
7.4 Automotive & Transportation

8 Elastic Bonding Adhesives & Sealants Market, Regional Analysis

9 Competitive Landscape
9.1 Overview
9.2 New Product Launches
9.3 Expansions
9.4 Acquisitions

10 Company Profiles
10.1 Henkel
10.2 Sika
10.3 Arkema
10.4 DOW Chemical
10.5 3M
10.6 H.B. Fuller
10.7 Wacker Chemie
10.8 Weicon
10.9 Threebond
10.10 Cemedine
10.11 Other Players
10.11.1 New Polyurethane Technologies (Npt)
10.11.2 Grupo Celo
10.11.3 Mapei
10.11.4 Beijing Comens New Materials
10.11.5 Hermann Otto
10.11.6 Kleiberit
10.11.7 Soudal
10.11.8 Jowat
10.11.9 Recoll
10.11.10 Aderis
10.11.11 Shanghai Sepna Chemical Technology
10.11.12 Permabond
10.11.13 Tremco Illbruck
10.11.14 Illinois Tool Works
10.11.15 Dymax
10.11.16 Huntsman
10.11.17 Merz+Benteli

For more information about this report visit https://www.researchandmarkets.com/research/2d3sqx/elastic_adhesive?w=5

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