07-May-2024 | Zion Market Research
Zion Market Research has published a new report titled “Instant Adhesives Market by Chemistry (Cyanoacrylate and Epoxy-Based), by Application (Industrial, Woodworking, Transportation, Consumer, Medical, and Electronics), and by Curing Process (Conventional and Light Cured): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032”. According to the report, the global instant adhesives market accounted for USD 2.64 billion in 2023 and is expected to reach USD 4.49 billion by 2032, at a CAGR of around 6.10% between 2024 and 2032.
Instant adhesives, also known as cyanoacrylates, are strong and fast-acting adhesives that have uses across industrial, medical, and household sectors. Instant adhesives are available across a wide range of viscosities that form fast and reliable bonds with instant high-performance bonding of various materials. Instant adhesives usually have a short shelf life. The increasing demand for reusable plastics in the appliance industry for doors, shelves, plastic cabinets, appliances, and liners is expected to drive the growth of the instant adhesives market globally in the future. The growing demand for instant adhesives in the Asia Pacific region is likely to provide new growth opportunities for the key players in the global instant adhesives market in the upcoming years. The development of enhanced instant adhesives like green adhesives technology can further drive the global instant adhesives market. Green adhesives are environmental-friendly along with the better application. These adhesives show reduced wear and tear on application parts, are higher heat-resistant, and more cost-effective. However, lower-impact resistance and toxicity that may lead to skin diseases, lower-resistance to inferior heat and odor, and higher costs may inhibit the instant adhesives market development.
Browse the full “Instant Adhesives Market by Chemistry (Cyanoacrylate and Epoxy-Based), by Application (Industrial, Woodworking, Transportation, Consumer, Medical, and Electronics), and by Curing Process (Conventional and Light Cured): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024–2032” Report at https://www.zionmarketresearch.com/report/instant-adhesives-market
The global instant adhesives market is fragmented based on chemistry, application, and curing process. Based on chemistry, the instant adhesives market includes cyanoacrylate and epoxy-based. The epoxy-based segment is likely to lead the global market in the future, owing to the product’s higher water resistance, high cohesive strength, and better heat and environmental resistance. This has resulted in the wide usage of epoxy-based instant adhesives in healthcare, transportation, electronics, furniture, and automotive industries. Industrial, woodworking, transportation, consumer, medical, and electronics comprise the application segment of the global instant adhesives market. On the basis of the curing process, the market is categorized into conventional and light cured. The light cured segment is projected to show the highest rate over the projected time period, owing to the product’s properties like safe curing of the substance when exposed to UV lights at room temperature, high bond strength, and excellent surface cure.
Geographically, the Asia Pacific region is expected to show the fastest growth rate over the forecast time period. This growth can be due to the region’s establishment as a hub of various end-use industries, such as electronic, automotive, and consumer electronics. These industries have evolved the automation and miniaturization across the production line, which is positively impacting the overall growth of the instant adhesives market in the region.
The key players operating in the global instant adhesives market are Henkel, 3M, TOAGOSEI, Master Bond, KGaA, Permabond Engineering Adhesives, Sika Corp., Arkema Group, Ashland, Avery Dennison, Beardow& Adams, and Royal Pidilite Industries.
This report segments the global instant adhesives market into:
Global Instant Adhesives market: By Chemistry
Global Instant Adhesives Market: By Application
Global Instant Adhesives Market: By Curing Process
Global Instant Adhesives Market: By Region
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