Anaerobic Adhesives Market Industry Outlook, Size, Growth Factors and Forecast 2030
Anaerobic Adhesives Market :was valued at USD 516.06 Million in 2022, and it is expected to reach USD 801.96 Million by 2029, exhibiting a CAGR of 6.5 % during the forecast period (2023-2029)
Anaerobic Adhesives Market Overview
The report serves as a comprehensive guide for investors, stakeholders, and market followers of the Anaerobic Adhesives Market. It offers an in-depth analysis of the market size, segmentation, drivers, and restraints. Factors that are expected to impact the industry positively or negatively are also included, providing decision-makers with a clear understanding of the Anaerobic Adhesives industry’s future outlook.
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Anaerobic Adhesives Market Report Scope and Research Methodology
The research for this report employs a combination of primary and secondary research methods to provide a detailed and accurate analysis of the Anaerobic Adhesives Market. The bottom-up approach is utilized to estimate the market size, while secondary research is used to identify key players in the market. Primary research involves conducting interviews with significant opinion leaders and industry experts, including business owners and marketing specialists. Secondary research involves a thorough review of the annual and financial reports of top manufacturers to calculate their market revenues.
Anaerobic Adhesives Market Regional Insights :
The research includes a global-level regional analysis, providing a comprehensive understanding of the dominant market share and penetration in different regions. It also highlights emerging regions expected to become major markets for Anaerobic Adhesives . The report encompasses a competitive analysis, focusing on growth models, new strategies, and technologies adopted by key players in the market.
Anaerobic Adhesives Market Segmentation :
With a market share of 48.29%, the threadlockers segment leads the global anaerobic adhesives market in terms of product type. This may be attributed to its increased use in the transportation, automotive, and industrial sectors. An glue called a threadlocker is used to hold screws, bolts, and nuts firmly in place and stop them from loosening under vibration or stress. They can take the place of conventional mechanical fasteners and washers. Chemicals known as “threadlockers,” which cure anaerobically, provide a robust layer between the connection’s threads to hold it in place. They work in a range of commercial and residential environments. Henkel AG & Co. KGaA, 3M, Anabond Limited, H.B. Fuller Company, Hi-Bond Chemicals, and Novachem Corporation Ltd. are a few of the biggest manufacturers of threadlockers.
The automotive and transportation industries hold the biggest market share of 35.58% in the end-user industries sector. This can be attributed to the high demand for these adhesives in a variety of applications, including firewall sealing, automobile locking applications, and engines. The ongoing shift in autos from internal combustion to electric drives is driving innovation in automation technologies.
Because anaerobic adhesives resist corrosion and can handle fluctuations in thermal expansion, they are gradually replacing mechanical fasteners. Additionally, adhesives are preferred over conventional joining techniques because they provide impact resistance and can prevent contact corrosion, both of which are necessary for electric motors to withstand high dynamic forces. The leading manufacturers in the world have announced plans to accelerate the development of electric vehicles by creating new product lines and converting existing.
Anaerobic Adhesives Market Key Players :
1. H.B.Fuller Company (US) 2. 3M (US) 3. Huntsman International LLC (US) 4. Delo Industrial Adhesives, LLC (US) 5. Parson Adhesives Inc. (US) 6. Permabond LLC (US) 7. Illinois Tool Works Inc. (US) 8. Scigrip (US) 9. Lord Corporation (US) 10. Ashland (US) 11. Hernon Manufacturing, Inc. (US) 12. Master Bond Inc. (US) 13. Hexcel Corporation (US) 14. Heartland Adhesives (US) 15. Palm Labs Adhesives (US) 16. Hi-Bond Chemicals (India) 17. Anabond Limited (India) 18. Pidilite Industries Ltd (India) 19 Jubilant Industries Ltd (India) 20. Asec Co. Ltd (Japan) 21. ThreeBond Holdings Co. Ltd (Japan) 22. Henkel AG and Co. KGaA (Germany) 23. Kisling AG (Switzerland) 24 Scott Bader Company Ltd. (UK) 25. Bostik (France)
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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