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Showing posts with the label Structural Adhesives Industry

Structural Adhesives Market: Information, Figures and Analytical Insights by 2022

Increasing automotive production particularly in emerging markets of China, India, Brazil and Mexico is expected drive the global structural adhesives market. The Global Structural Adhesives Market is expected to reach USD 23.42 billion by 2022, according to a new study by Grand View Research, Inc. Rigid bonding applications such as window glazing, wood panels and decorative trims require structural adhesives for fast setting and load bearing purposes. Industrialization and urbanization are expected to drive construction industry growth in emerging as well as developing nations, which further prompts structural adhesives demand. Water-based structural adhesives accounted for over 55% of the overall market volume in 2014. Increasing regulatory intervention from environmental agencies regarding VOC presence in solvent-based adhesives has positively impacted water-based structural adhesives demand. Additionally, its superior drying rate and semi-flexibility post drying are major