Global Structural Adhesives Market size is projected to grow from US$ XX billion in 2019 to US$ XX billion by 2027, at a CAGR of XX%, during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Growth in infrastructure and growing government spending in construction and commercial buildings is expected to drive the demand for structural adhesive in the construction sector. Moreover, changing trends in furniture designs are expected to boost the demand further.
Construction industry based on application to be the fastest-growing industry in the global structural adhesives market. In the construction sector, structural adhesives are crucial, they are providing durability to materials that are architectural membranes, caulks, wires and cable, roofs, etc. Structural adhesives are required to provide weather ability and durability while remaining energy-efficient and aesthetically appealing.
Epoxy adhesives have a high demand in the structural adhesives market owing to their excellent chemical resistance, low shrinkage value, and lower quantities of volatile compound emissions during curing. Epoxy adhesives are used in an extensive range of end-use industries, especially in niche applications, where excellent bonding strength is required. These types of glues can be used to bond a variety of substrates, like metals, ceramics, and composites.
The North America region dominated the structural adhesives market share in 2018. The United States is one of the world’s largest c