Two Component Adhesive Market

Global Two Component Adhesive Market Size, Trends & Analysis - Forecasts to 2027 By Resin Type (Polyurethane, Epoxy, Methyl methacrylate (MMA), Silicone), By Application (Automotive, Construction, Electronics), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis

Category Chemicals & Advanced Material

Format

This report was recently updated on October 31 2024 with the latest and most recent market numbers

Global Two Component Adhesive Market Size

The Global Two Component Adhesive Market is projected to grow from USD 6.5 billion in 2022 to USD 12.4 billion in 2027 at a CAGR of 6.7% from 2022 to 2027.

Two-component adhesives are used to join high-strength materials such as pre-treated metals, paints, plastics, or composites. The use of two component adhesives in various sectors such as construction, automotive, household appliances, and electrical production. The major driver of the two-component adhesive market is its use in vehicles. It helps in reducing weight because of its light composite materials. They are more economical and manufacturers have more customized options as per different vehicle types.

Expanding the use of two-part adhesives to replace conventional bindings and adhering techniques such as manual screwing, clutching, and soldering will drive market expansion. Increasing adoption of lightweight and low-carbon-emitting automobiles, as well as increased demand for low-VOC, greener, and ecological adhesives, will fuel many chances for the two-part adhesive market to develop over the forecast period.

The major restrains in the global two-component adhesive market are rising prices of raw materials, and inadequate space for manufacturing industries to produce more products.

global two component adhesive market

COVID-19 Impact on Global Two Component Adhesive Market

The global two-component adhesive market did get affected during the COVID-19 pandemic as many manufacturing companies were closed due to regional lockdowns. Owing to production delays and no sales in the automotive industry for vehicles, the market growth reached a stagnant stage.

Once the industries started their operations and regions lifted their respective lockdown, the demand for a two-component adhesive market flourished in the post-pandemic situation. Significant growth in the mining and metal industry incredibly during the forecast period also plays a crucial role in the growth of the market.

Ukraine-Russia War Impact on Mining and Metal Industry

The crisis between Russia and Ukraine does have a significant impact on the demand for the two-component adhesive market. Prices of raw materials, shipments, and transportation increased. This also caused production delays and disruptions in the supply chain of raw materials and manufacturing halts.

Few adhesive industries in Russia are closing their manufacturing plants temporarily and this affects the trade relations between the countries. Furthermore, the ongoing war has created instability between firms in other regions of Europe and Ukraine. This causes difficulty in trade and impacts the market severely.

Global Two Component Adhesive Market: By Resin Type

The polyurethane segment is expected to have the largest share in the global two-component adhesive market during the forecast period of 2022-2027. Some elements driving category expansion include resistance to moisture, oil, and lubricant, a broad resilience spectrum, cohesive and adhesive characteristics, as well as mildew, pathogen, and fungus tolerance.

The methyl methacrylate (MMA) segment is expected to grow the fastest from 2022-to 2027. MMA is made of resin and a hardener which helps in strengthening products. It needs less time to cure and is cost-effective. The adhesive is more resilient and does not peel with high-impact activities in construction or electrical welding. Hence, considering these advantages the MMA segment is expected to grow the fastest.

Global Two Component Adhesive Market: By Application

The automotive segment is expected to witness the largest share in the global two-component adhesive market during the forecast period of 2022-2027. The market growth for two-component adhesives has increased as more passenger vehicles, trucks are in demand. The bonding material of two-component adhesives is extremely high even when used under high temperatures. It is also chemical and wears resistant. Hence, considering these advantages the automotive segment is expected to have the largest share.

The construction segment is expected to grow the fastest from 2022-to 2027. Two-component adhesives have a binding capacity that can be used in welding and fastening. It can also be applied to mechanical pins. Bulldozers and construction tractors need strong durability and are used in high power for bouldering and two-component adhesives make it an efficient process. It also provides great flexibility and has an easy mechanism that drives the market during the forecast period.

asia pacific two component adhesive market

Global Two Component Adhesive Market: By Region

The North America segment is expected to witness the largest share in the global two-component adhesive market during the forecast period of 2022-2027. Significantly increased investment in research and development, escalating demand for construction activities, and growing demand for vehicles, and household appliances have benefited the two-component adhesive market in this region.

The United States is expected to have the lion's share in the two-component adhesive market. Increased utilization of two-part adhesives in aerospace industries, increasing preference for low VOC, ecological, and ecological adhesives, and increasing growing automotive production in the last two–to three years are some of the major factors driving market expansion in this region.

Moreover, the Asia-Pacific region is expected to be the fastest-growing two-component adhesive market segment during the forecast period. Rising demand for two-part adhesive in the architectural, automotive, and aviation industries, expanded utilization of adhesive in vehicles for reduction of weight, and technological breakthroughs in end-use industry sectors are all set to propel growth in this region. As per the market analysis done by GME, the two-component adhesive market will continue to grow due to its convenience to end-users.

China South Korea and Japan are expected to hold the largest share in the Asia Pacific two-component adhesive market. These regions are expanding in terms of production capacity and import-export activities. China is increasing its consumer base and a growing economy like India and has increased its capacity to receive shipments. Manufacturers in this region are also concentrating on degradable products attracting investment and thereby, encouraging the market for producing more technical products.

Global Two Component Adhesive Market Share and Competitor Analysis

Dow Chemical Company, Eastman Chemical, Evonik Industries, Henkel AG, 3M Company, H.B Fuller, Master Bond Inc, Sika AG, Huntsman Corporation, and Bostik, among others, are key players in the global two component adhesive market.

Please note: This is not an exhaustive list of companies profiled in the report.

The global two-component adhesive market has observed several strategic alliances between company profiles to launch new products with added functionalities and maintain revenue share & profitability. Organic and inorganic growth strategies adopted by small players have been the highlight of this market.

Chapter 1 Research Methodology

1.1 Research Assumptions

1.2 Research Methodology

1.2.1 Estimates and Forecast Timeline

1.3 Information Procurement

1.3.1 Purchased Database

1.3.2 GME’s Internal Database

1.3.3 Primary Research

1.3.4 Secondary Sources & Third-Party Perspectives

1.3.4.1 Company Information Sources

1.3.4.2 Secondary Data Sources

1.4 Information or Data Analysis

1.4.1 Data Analysis Models

1.5 Market Formulation & Data Visualization

1.6 Data Validation & Publishing

1.7 Market Model

1.7.1 Model Details

1.7.1.1 Top-Down Approach

1.7.1.2 Bottom-Up Approach

1.8 Market Segmentation & Scope

1.9 Market Definition

Chapter 2 Executive Summary

2.1 Global Market Outlook

2.2 Resin Type Outlook

2.3 Application Outlook

2.4 Regional Outlook

Chapter 3 Global Two Component Adhesive Market Trend Analysis

3.1. Market Introduction

3.2 Penetration & Growth Prospect Mapping

3.3 Impact of COVID-19 on the Two Component Adhesive Market

3.4 Metric Data based on the Mining and Metals industry

3.5 Market Dynamic Analysis

3.5.1 Market Driver Analysis

3.5.2 Market Restraint Analysis

3.5.3 Industry Challenges

3.5.4 Industry Opportunities

3.6 Porter’s Five Analysis

3.6.1 Supplier Power

3.6.2 Buyer Power

3.6.3 Substitution Threat

3.6.4 Threat from New Entrant

3.7 Market Entry Strategies

Chapter 4 Two Component Adhesive Market: By Application Trend Analysis

5.1 By Application: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

5.2 Automotive

5.2.1 Market Estimates & Forecast Analysis of Automotive, By Region, 2019-2027 (USD Billion)

5.3 Construction

5.3.1 Market Estimates & Forecast Analysis of Construction Market Segment, By Region, 2019-2027 (USD Billion)

5.4 Electronics

5.4.1 Market Estimates & Forecast Analysis of Electronics Segment, By Region, 2019-2027 (USD Billion)

Chapter 5 Two Component Adhesive Market: Resin Type Trend Analysis

6.1 Resin Type: Historic Data vs. Forecast Data Analysis, 2022 vs. 2027

6.2 Polyurethane

6.2.1 Market Estimates & Forecast Analysis of Polyurethane Segment, By Region, 2019-2027 (USD Billion)

6.3 Epoxy

6.3.1 Market Estimates & Forecast Analysis of Epoxy Segment, By Region, 2019-2027 (USD Billion)

6.4 MMA

6.4.1 Market Estimates & Forecast Analysis of MMA Segment, By Region, 2019-2027 (USD Billion)

6.5 Silicone

6.5.1 Market Estimates & Forecast Analysis of Silicone Segment, By Region, 2019-2027 (USD Billion)

Chapter 6 Two Component Adhesive Market, By Region

7.1 Regional Outlook

7.2 North America

7.2.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.2.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.3 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.2.4 U.S.

7.2.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.4.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.5.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.2.6 Mexico

7.2.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.2.6.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3 Europe

7.3.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.3.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.3 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.4 Germany

7.3.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.4.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.5 UK

7.3.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.5.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.6 France

7.3.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.6.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.7 Russia

7.3.7.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.7.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.8 Italy

7.3.8.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.8.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.9 Spain

7.3.9.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.9.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.10 Rest of Europe

7.3.10.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.10.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.4.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.3 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.4.4 China

7.4.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.4.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.4.5 India

7.4.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.5.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.4.6 Japan

7.4.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.6.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.4.7 Australia

7.4.7.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.7.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.4.8 South Korea

7.4.8.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.4.8.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.3.9 Rest of Asia Pacific

7.3.9.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.3.9.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.5 Central & South America

7.5.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.5.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.3 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.5.4 Brazil

7.5.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.4.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.5.5 Rest of Central & South America

7.5.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.5.5.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.6 Middle East & Africa

7.6.1 Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

7.6.2 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.3 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.6.4 Saudi Arabia

7.6.4.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.4.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.6.5 United Arab Emirates

7.6.5.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.5.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.6.6 South Africa

7.6.6.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.6.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

7.6.7 Rest of Middle East & Africa

7.6.7.1 Market Estimates & Forecast Analysis, By Application, 2019-2027 (USD Billion)

7.6.7.2 Market Estimates & Forecast Analysis, By Resin Type, 2019-2027 (USD Billion)

Chapter 7 Competitive Analysis

8.1 Key Global Players, Recent Developments & their Impact on the Industry

8.2 Four Quadrant Competitor Positioning Matrix

8.2.1 Key Innovators

8.2.2 Market Leaders

8.2.3 Emerging Players

8.2.4 Market Challengers

8.3 Vendor Landscape Analysis

8.4 End-User Landscape Analysis

8.5 Company Market Share Analysis, 2021

Chapter 8 Company Profile Analysis

9.1 Dow Chemical

9.1.1 Company Overview

9.1.2 Financial Analysis

9.1.3 Strategic Initiatives

9.1.4 Product Benchmarking

9.2 Eastman Chemical

9.2.1 Company Overview

9.2.2 Financial Analysis

9.2.3 Strategic Initiatives

9.2.4 Product Benchmarking

9.3 Henkel AG

9.3.1 Company Overview

9.3.2 Financial Analysis

9.3.3 Strategic Initiatives

9.3.4 Product Benchmarking

9.4 Evonik Industries

9.4.1 Company Overview

9.4.2 Financial Analysis

9.4.3 Strategic Initiatives

9.4.4 Product Benchmarking

9.5 3M Company

9.5.1 Company Overview

9.5.2 Financial Analysis

9.5.3 Strategic Initiatives

9.5.4 Product Benchmarking

9.6 H.B Fuller

9.6.1 Company Overview

9.6.2 Financial Analysis

9.6.3 Strategic Initiatives

9.6.4 Product Benchmarking

9.7 Master Bond

9.7.1 Company Overview

9.7.2 Financial Analysis

9.7.3 Strategic Initiatives

9.7.4 Product Benchmarking

9.8 Sika AG

9.8.1 Company Overview

9.8.2 Financial Analysis

9.8.3 Strategic Initiatives

9.8.4 Product Benchmarking

9.9 Bostik

9.9.1 Company Overview

9.9.2 Financial Analysis

9.9.3 Strategic Initiatives

9.9.4 Product Benchmarking

9.10 Huntsman Corporation

9.10.1 Company Overview

9.10.2 Financial Analysis

9.10.3 Strategic Initiatives

9.10.4 Product Benchmarking

9.11 Huntsman Corporation

9.11.1 Company Overview

9.11.2 Financial Analysis

9.11.3 Strategic Initiatives

9.11.4 Product Benchmarking

List of Tables

1 Technological Advancements in Two Component Adhesive Market

2 Global Two Component Adhesive Market: Key Market Drivers

3 Global Two Component Adhesive Market: Key Market Challenges

4 Global Two Component Adhesive Market: Key Market Opportunities

5 Global Two Component Adhesive Market: Key Market Restraints

6 Global Two Component Adhesive Market Estimates & Forecast Analysis, 2019-2027 (USD Billion)

7 Global Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

8 Automotive: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

9 Electronics: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

10 Construction: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

11 Global Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

12 Polyurethane: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

13 Epoxy: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

14 MMA: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

15 Silicone: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

16 Regional Analysis: Global Two Component Adhesive Market, By Region, 2019-2027 (USD Billion)

17 North America: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

18 North America: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

19 North America: Two Component Adhesive Market, By Country, 2019-2027 (USD Billion)

20 U.S: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

21 U.S: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

22 Canada: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

23 Canada: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

24 Mexico: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

25 Mexico: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

26 Europe: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

27 Europe: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

28 Europe: Two Component Adhesive Market, By Country, 2019-2027 (USD Billion)

29 Germany: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

30 Germany: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

31 UK: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

32 UK: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

33 France: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

34 France: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

35 Italy: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

36 Italy: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

37 Spain: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

38 Spain: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

39 Rest Of Europe: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

40 Rest Of Europe: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

41 Asia Pacific: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

42 Asia Pacific: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

43 Asia Pacific: Two Component Adhesive Market, By Country, 2019-2027 (USD Billion)

44 China: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

45 China: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

46 India: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

47 India: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

48 Japan: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

49 Japan: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

50 South Korea: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

51 South Korea: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

52 Middle East & Africa: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

53 Middle East & Africa: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

54 Middle East & Africa: Two Component Adhesive Market, By Country, 2019-2027 (USD Billion)

55 Saudi Arabia: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

56 Saudi Arabia: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

57 UAE: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

58 UAE: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

59 Central & South America: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

60 Central & South America: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

61 Central & South America: Two Component Adhesive Market, By Country, 2019-2027 (USD Billion)

62 Brazil: Two Component Adhesive Market, By Application, 2019-2027 (USD Billion)

63 Brazil: Two Component Adhesive Market, By Resin Type, 2019-2027 (USD Billion)

64 Dow Chemical: Products Offered

65 Eastman Chemical: Products Offered

66 Henkel AG: Products Offered

67 Evonik Industries: Products Offered

68 3M Company: Products Offered

69 H.B Fuller: Products Offered

70 Bostik: Products Offered

71 Master Bond: Products Offered

72 Sika AG: Products Offered

73 Huntsman Corporation: Products Offered

74 Other Companies: Products Offered

List of Figures

1. Global Two Component Adhesive Market Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Two Component Adhesive Market: Penetration & Growth Prospect Mapping

7. Global Two Component Adhesive Market: Value Chain Analysis

8. Global Two Component Adhesive Market Drivers

9. Global Two Component Adhesive Market Restraints

10. Global Two Component Adhesive Market Opportunities

11. Global Two Component Adhesive Market Challenges

12. Key Two Component Adhesive Market Manufacturer Analysis

13. Global Two Component Adhesive Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. Dow Chemical: Company Snapshot

16. Dow Chemical: Swot Analysis

17. Eastman Chemical: Company Snapshot

18. Eastman Chemical: Swot Analysis

19. Henkel AG: Company Snapshot

20. Henkel AG: Swot Analysis

21. Evonik Industries: Company Snapshot

22. Evonik Industries: Swot Analysis

23. 3M Company: Company Snapshot

24. 3M Company: Swot Analysis

25. Bostik: Company Snapshot

26. Bostik: Swot Analysis

27. Master Bond: Company Snapshot

28. Master Bond: Swot Analysis

29. Sika AG: Company Snapshot

30. Sika AG: Swot Analysis

31. H.B Fuller: Company Snapshot

32. H.B Fuller: Swot Analysis

33. Huntsman Corporation: Company Snapshot

34. Huntsman Corporation: SWOT Analysis

35. Other Companies: Company Snapshot

36. Other Companies: SWOT Analysis

The Global Two Component Adhesive Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Two Component Adhesive Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

What is the projected market size of the global two-component adhesive market?

The Global Two component adhesive Market is projected to grow from USD 6.5 billion in 2022 to USD 12.4 billion in 2027 at a CAGR of 6.7% from 2022 to 2027.

Who are the major vendors in the two-component adhesive market?

What is the Covid-19 impact on future two-component adhesive suppliers?

The global two-component adhesive market witnessed a decline during the initial days of the pandemic. Due to production delays and no sales in the automotive industry for vehicles, it did hit a stagnant stage. Once the industries started their operations and regions lifted the respective lockdown, the demand for a two-component adhesive market flourished in the post-pandemic situation.

What are the major drivers in the two-component adhesive market?

Increasing adoption of lightweight and low-carbon-emitting automobiles, as well as increased demand for low-VOC, greener, and ecological adhesives, will fuel many chances for the two-part adhesive market to develop over the forecast period.

What is the impact of the Ukraine-Russia war on the mining and metal industry?

The crisis between Russia and Ukraine does have a significant impact on the demand for the two-component adhesive market. This is due to the increase in prices of raw materials, transportation and production delays. Few packaging plants in Russia have closed their businesses temporarily and this disrupts the supply chain management in Europe.