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Engineering Adhesives Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_23095 | Date : Jan, 2023 | Pages : 180 | Region : Global

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The adhesive is any substance applied to the surfaces of materials that binds them together and resists separation. In our report, we discussed the adhesive used in the engineer industry, including Solar, Automotive, Wind Turbines, Metallurgy, Electric Power, Machine Tool and etc.
In general, the engineering adhesives business is highly competitive. However, the major market share is occupied by a few players like Henkel, H.B. Fuller and Arkema. Prices and margins vary, depending on the specific adhesive, market segment, and regional market, with the gross margins for engineering adhesive products commonly range from 20% to 30%. Engineering adhesives are selected and priced based on their performance characteristics. Product performance and level of service are seldom identical among different producers so pricing is typically differentiated by the needs of the customer. Generally the average price of engineering adhesive ranges from 3600-3800 USD/MT.

Regionally, USA, EU-27 and China are the main production base and consumption market of engineering adhesive. At present, the top ten companies\' capacity account for about 65.91% of global market share in engineering adhesive. The capacity percentage of Henkel is about 30%. In China, the engineering adhesive industry developed in about 1980s. At present, it contributes over 15% of global total production. For application, automotive and electric/home appliances have kept to be the dominant segment of engineering adhesives downstream industry. The downstream market would remain to be stable in the following years.

The import and export business of adhesive for engineering is frequent compared with adhesive in commodity sector, but still doesn\'t take a major share of global production. The main reason may be concluded as the dispersibility of adhesive plant of manufacturers. Also some companies choose to set up plants in China, in consideration of the huge demand in China market.

Engineering adhesive manufacturers have sales support and R&D staff that work closely with customers to modify existing products or develop new products. In many cases, the responsiveness of the R&D and technical customer service of the supplier are decisive factors in choosing adhesives. However, some major adhesives producers, such as H.B. Fuller, have reduced product differentiation and customization and are instead concentrating more on unique, but higher-margin, products with greater market potential.

The global production and capacity of engineering adhesive is stable during the past years, and would be fluctuated in a small range in the following five years, since the engineering adhesive market is rather mature in its major consumption area. Most of the products are sold by distributors instead of manufacturers, and many distributors are managing or delegating many brands from different manufacturers to satisfy the diversified needs of customers from different area.

Engineering adhesive industry is affected by the economy and policy, so it\'s important to put an eye to economic indexes and leaders\' prefer. With the global economic recovery, more and more people pay attention to the downstream fields, especially in underdevelopment regions that have a large population and fast economic growth and the downstream application increasing, the need of engineering adhesive might increase in the future.


The Global Engineering Adhesives Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Engineering Adhesives Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Henkle
H.B. Fuller
Arkema
3M
Hexion
DOW CORNING
ROYAL ADHESIVES & SEALANTS
ITW
Sika
UNISEAL
Huntsman
Anabond
Lamosa
Permabond
EFTEC
Loxeal
RTC Chemical
FCC
Fasto
Wisdom Adhesives
Dymax
ThreeBond
Parson Adhesives
Duratek
Beijing Comens
Huitian

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Application method
Phase
Chemical composition
Products
In Market segmentation by applications :

Buliding
Electronic applicance
New energy equipment
Equipment
Medical

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Engineering Adhesives Market for the forecast period 2023 - 2030?
• What are the driving forces in the Engineering Adhesives Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Engineering Adhesives industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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