Structural Adhesives Market Synopsis

Structural Adhesives Market Size Was Valued at USD 21.4 Billion in 2023, and is Projected to Reach USD 36.5 Billion by 2032, Growing at a CAGR of 6.1% From 2024-2032.

Structural Adhesives relate to a category of high-performance bonding materials and address the functional needs of the automotive, aerospace, construction, and electronics markets among others. These adhesives are intended to give high bond strength that is capable of withstanding great stresses and strains and variations of environment to which it is subjected to. Benefits of structural adhesives comprises of reduction of weight, improvement of looks, increased distribution of load over mechanical fastening. It is primarily as a result of improved adhesive technology, the rising trend in the use of lightweight materials products and sustainability and efficiency in manufacturing.

• Thus, structural adhesives are enjoying high growth as these materials are demanded for diverse applications requiring lightweight and more durable bonding recognized in automotive vehicles, aerospace vehicles, constructions, and electronics industries. Structural adhesives are defined as those bonding agents that offer ability to offer high bond strength that is strong enough to resist high mechanical stress, atmosphere and temperature. These adhesives have the following benefits over the conventional mechanical fasteners; Weight reduced, aesthetic appearance, improved load bearing and distribution, and the capacity to join materials that cannot be joined mechanically. Progress in adhesive formulations and its derivatives include epoxy adhesive, polyurethane adhesive, acrylic adhesive and cyanoacrylate adhesive also have a wide extended the areas of utilization and have induced better performance characteristic which as a result has spurred the market growth.
• There is also the issue of sustainability and productions efficiency which are key sources of change in the market. These goals are achieved with help of structural adhesives – they minimize the usage of massive mechanical fastening and lighten the structures with the help of the lightweight material which improves the fuel efficiency in the automotive and aerospace industries. Further, in the construction industry structural adhesives are used in today’s construction methods that create faster construction procedure and better structural reliability. It has been identified that the Asia-Pacific region is experiencing tremendous growth in market size with increase in industrial structures and infrastructure; North America and Europe on the other hand are focused in research and development of new technologies regarding adhesives to remain competitive. In conclusion, the market for structural adhesives has a bright future because of the new developments, the need for industry-specific solutions, and the increasing importance of new environmentally friendly technologies.

Structural Adhesives Market Trend Analysis

Increasing adoption of eco-friendly and sustainable adhesive solutions.

• Another new trend, which can be observed in the Structural Adhesives Market is the shifting to the usage of environmentally friendly and eco-efficient adhesives. With increasing complexities of the environmental laws and extending awareness of customers over environ-mental friendly products, manufactures have taken initiatives to produce adhesives with least amount of VOC content and raw material based on bio materials. This shift also solves environmental problems and at the same time improves the appeal of the products in different industries. There are developments like the water-based/solvent-free adhesives that are being accepted in the market due to their excellent performance and reduced effects on the surroundings. It is more obvious in the automotive industry and construction which has enabled sustainability to play a key element in the selection of greener bonding solutions hence expanding and evolving the structural adhesives market.

Growing demand for electric vehicles (EVs)

• An emerging trend that can be observed in the Structural Adhesives Market is that the EV market could prove promising in the future. As the automotive industry adapts industry 4. 0 towards electric vehicles, there is increased demand on lightweight materials and reliable bonding solutions for automobiles to boost the performance of the EV market. Another important application of structural adhesives is bonding of dissimilar materials; metals and composites that are often used in EV construction to decrease the vehicle mass and increase the range of batteries. Also, they support control of thermal and electrical parameters in electric vehicles, thus speaking about safety and sturdiness of such vehicles. This is because manufacturers of structural adhesives who are able to design those that are suitable for EV assembly will be in a position to exploit the growth of this area, providing one that meets the requirements of increased safety, light weight and environmentally friendly designs of the next generation EVs.

Structural Adhesives Market Segment Analysis:

Structural Adhesives Market Segmented on the basis of Product, Technology and Application.

By Product, Urethane segment is expected to dominate the market during the forecast period

• Looking at the forecast period, the segment of Urethane is expected to hold the biggest market share of Structural Adhesives Market. Urethane adhesives are known to be very flexible, incredibly strong, and highly resistant to any impact and any other environmental conditions that may affect their durability. By making them versatile in Association with various varieties of substrates like metal, plastic, and composite material, the use of fluid in automotive industries, construction, electronics industries and many other industries can be widely used.
• The trends of lightweight and durable bonding solutions in automotive applications especially with the dawn of electric cars expand the market for urethane adhesives significantly. Furthermore, it cures fast and possesses high load bearing characteristics and all are beneficial to manufacturing effectiveness and structure. It can be expected that the more industries are involved in search of better and more efficient adhesive products, urethane adhesive will hold the leaders’ position due to the best performance indicators and versatility.

By Technology, Solvent-Based segment expected to held the largest share

• On the basis of technology, solvent-based structural adhesives are expected to govern the largest market share in Structural Adhesives Market. In particular, solvent-based adhesives are preferred for high bonding strength, versatility and ease in application at the parts made of metals, plastics and composites. These adhesives are appreciated in automobiles, airplanes, and construction businesses that require robust and long-lasting bonds. These formulations in solvent mean that the bonded structures have an added advantage of withstanding environmental conditions such as moisture, heat, and chemical sights which in turn portrays increased durability and dependability.
• However, today the global environmental awareness and continued regulation pressure of the solvent emission considerably influence the market share of the solvent-based adhesives but their practical applicability and successful track record makes the solvent-based adhesives to remain the market leaders. Technological advancements that are targeting the decrease in VOC emissions or increase the sustainability point towards the sustenance of the solvent-based adhesives in structurally adhesive market.

Structural Adhesives Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• The structural adhesives market for Asia-Pacific region has the largest growth potential over the forecast period owing to sound industrial growth rate, high urbanization and increasing infrastructure development investments. Region like Asia Pacific consisting of countries like China India, Japan & South Korea etc have found a continually rising demand of structural adhesives in automotive, construction, aeronautics and electronics industries. The automotive industry, specifically, is going through a large growth spurt as vehicle manufacturing increases and the adoption of electrical vehicles increases since electrical vehicles require better kinds of bonding.
• Further, rapid construction activities taking place in many emerging economies have boosted the use of structural adhesives for the modern construction methodologies that can accentuate the speed and effective connection of structures. With a number of key manufacturers present in the region and steady enhancement in adhesive technologies and higher consciousness towards environment-friendly products, the Asia-Pacific area again seems to dominate the market.

Active Key Players in the Structural Adhesives Market

• 3M Company (United States)
• Arkema S.A. (France)
• Ashland Global Holdings Inc. (United States)
• Bostik (a subsidiary of Arkema S.A.) (France)
• DELO Industrial Adhesives (Germany)
• Dow Inc. (United States)
• H.B. Fuller Company (United States)
• Henkel AG & Co. KGaA (Germany)
• Huntsman Corporation (United States)
• Illinois Tool Works Inc. (United States)
• LORD Corporation (United States)
• Permabond LLC (United Kingdom)
• PPG Industries, Inc. (United States)
• Scott Bader Company Ltd (United Kingdom)
• Sika AG (Switzerland)
• Other key Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Surgical Site Infection Market by Product Types
 4.1 Surgical Site Infection Market Snapshot and Growth Engine
 4.2 Surgical Site Infection Market Overview
 4.3 Intraoperative Phase
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Intraoperative Phase: Geographic Segmentation Analysis
 4.4 Preoperative Phase
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Preoperative Phase: Geographic Segmentation Analysis
 4.5 Postoperative Phase
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Postoperative Phase: Geographic Segmentation Analysis

Chapter 5: Surgical Site Infection Market by Applications
 5.1 Surgical Site Infection Market Snapshot and Growth Engine
 5.2 Surgical Site Infection Market Overview
 5.3 Hospitals
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Hospitals: Geographic Segmentation Analysis
 5.4 Ambulatory Surgical Centers (ASCs)
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Ambulatory Surgical Centers (ASCs): Geographic Segmentation Analysis
 5.5 Clinics
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Clinics: Geographic Segmentation Analysis
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Geographic Segmentation Analysis

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Benchmarking
  6.1.2 Surgical Site Infection Market Share by Manufacturer (2023)
  6.1.3 Industry BCG Matrix
  6.1.4 Heat Map Analysis
  6.1.5 Mergers and Acquisitions
  
 6.2 3M COMPANY
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Role of the Company in the Market
  6.2.5 Sustainability and Social Responsibility
  6.2.6 Operating Business Segments
  6.2.7 Product Portfolio
  6.2.8 Business Performance
  6.2.9 Key Strategic Moves and Recent Developments
  6.2.10 SWOT Analysis
 6.3 PAUL HARTMANN AG
 6.4 CAREFUSION CORPORATION (BECTON
 6.5 DICKINSON AND COMPANY)
 6.6 LAC-MAC LIMITED
 6.7 B BRAUN MELSUNGEN AG
 6.8 MEDTRONIC PLC
 6.9 COVALON TECHNOLOGIES LTD
 6.10 JOHNSON & JOHNSON
 6.11 GETINGE GROUP
 6.12 BELIMED AG
 6.13 ANSELL LIMITED
 6.14 SSIP LLC
 6.15 STERIS PLC
 6.16 STRYKER CORPORATION
 6.17 OTHER KEY PLAYERS

Chapter 7: Global Surgical Site Infection Market By Region
 7.1 Overview
 7.2. North America Surgical Site Infection Market
  7.2.1 Key Market Trends, Growth Factors and Opportunities
  7.2.2 Top Key Companies
  7.2.3 Historic and Forecasted Market Size by Segments
  7.2.4 Historic and Forecasted Market Size By Product Types
   7.2.4.1 Intraoperative Phase
   7.2.4.2 Preoperative Phase
   7.2.4.3 Postoperative Phase
  7.2.5 Historic and Forecasted Market Size By Applications
   7.2.5.1 Hospitals
   7.2.5.2 Ambulatory Surgical Centers (ASCs)
   7.2.5.3 Clinics
   7.2.5.4 Others
  7.2.6 Historic and Forecast Market Size by Country
   7.2.6.1 US
   7.2.6.2 Canada
   7.2.6.3 Mexico
 7.3. Eastern Europe Surgical Site Infection Market
  7.3.1 Key Market Trends, Growth Factors and Opportunities
  7.3.2 Top Key Companies
  7.3.3 Historic and Forecasted Market Size by Segments
  7.3.4 Historic and Forecasted Market Size By Product Types
   7.3.4.1 Intraoperative Phase
   7.3.4.2 Preoperative Phase
   7.3.4.3 Postoperative Phase
  7.3.5 Historic and Forecasted Market Size By Applications
   7.3.5.1 Hospitals
   7.3.5.2 Ambulatory Surgical Centers (ASCs)
   7.3.5.3 Clinics
   7.3.5.4 Others
  7.3.6 Historic and Forecast Market Size by Country
   7.3.6.1 Bulgaria
   7.3.6.2 The Czech Republic
   7.3.6.3 Hungary
   7.3.6.4 Poland
   7.3.6.5 Romania
   7.3.6.6 Rest of Eastern Europe
 7.4. Western Europe Surgical Site Infection Market
  7.4.1 Key Market Trends, Growth Factors and Opportunities
  7.4.2 Top Key Companies
  7.4.3 Historic and Forecasted Market Size by Segments
  7.4.4 Historic and Forecasted Market Size By Product Types
   7.4.4.1 Intraoperative Phase
   7.4.4.2 Preoperative Phase
   7.4.4.3 Postoperative Phase
  7.4.5 Historic and Forecasted Market Size By Applications
   7.4.5.1 Hospitals
   7.4.5.2 Ambulatory Surgical Centers (ASCs)
   7.4.5.3 Clinics
   7.4.5.4 Others
  7.4.6 Historic and Forecast Market Size by Country
   7.4.6.1 Germany
   7.4.6.2 UK
   7.4.6.3 France
   7.4.6.4 Netherlands
   7.4.6.5 Italy
   7.4.6.6 Russia
   7.4.6.7 Spain
   7.4.6.8 Rest of Western Europe
 7.5. Asia Pacific Surgical Site Infection Market
  7.5.1 Key Market Trends, Growth Factors and Opportunities
  7.5.2 Top Key Companies
  7.5.3 Historic and Forecasted Market Size by Segments
  7.5.4 Historic and Forecasted Market Size By Product Types
   7.5.4.1 Intraoperative Phase
   7.5.4.2 Preoperative Phase
   7.5.4.3 Postoperative Phase
  7.5.5 Historic and Forecasted Market Size By Applications
   7.5.5.1 Hospitals
   7.5.5.2 Ambulatory Surgical Centers (ASCs)
   7.5.5.3 Clinics
   7.5.5.4 Others
  7.5.6 Historic and Forecast Market Size by Country
   7.5.6.1 China
   7.5.6.2 India
   7.5.6.3 Japan
   7.5.6.4 South Korea
   7.5.6.5 Malaysia
   7.5.6.6 Thailand
   7.5.6.7 Vietnam
   7.5.6.8 The Philippines
   7.5.6.9 Australia
   7.5.6.10 New Zealand
   7.5.6.11 Rest of APAC
 7.6. Middle East & Africa Surgical Site Infection Market
  7.6.1 Key Market Trends, Growth Factors and Opportunities
  7.6.2 Top Key Companies
  7.6.3 Historic and Forecasted Market Size by Segments
  7.6.4 Historic and Forecasted Market Size By Product Types
   7.6.4.1 Intraoperative Phase
   7.6.4.2 Preoperative Phase
   7.6.4.3 Postoperative Phase
  7.6.5 Historic and Forecasted Market Size By Applications
   7.6.5.1 Hospitals
   7.6.5.2 Ambulatory Surgical Centers (ASCs)
   7.6.5.3 Clinics
   7.6.5.4 Others
  7.6.6 Historic and Forecast Market Size by Country
   7.6.6.1 Turkey
   7.6.6.2 Bahrain
   7.6.6.3 Kuwait
   7.6.6.4 Saudi Arabia
   7.6.6.5 Qatar
   7.6.6.6 UAE
   7.6.6.7 Israel
   7.6.6.8 South Africa
 7.7. South America Surgical Site Infection Market
  7.7.1 Key Market Trends, Growth Factors and Opportunities
  7.7.2 Top Key Companies
  7.7.3 Historic and Forecasted Market Size by Segments
  7.7.4 Historic and Forecasted Market Size By Product Types
   7.7.4.1 Intraoperative Phase
   7.7.4.2 Preoperative Phase
   7.7.4.3 Postoperative Phase
  7.7.5 Historic and Forecasted Market Size By Applications
   7.7.5.1 Hospitals
   7.7.5.2 Ambulatory Surgical Centers (ASCs)
   7.7.5.3 Clinics
   7.7.5.4 Others
  7.7.6 Historic and Forecast Market Size by Country
   7.7.6.1 Brazil
   7.7.6.2 Argentina
   7.7.6.3 Rest of SA

Chapter 8 Analyst Viewpoint and Conclusion
8.1 Recommendations and Concluding Analysis
8.2 Potential Market Strategies

Chapter 9 Research Methodology
9.1 Research Process
9.2 Primary Research
9.3 Secondary Research