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Manufacturing Technology Insights | Tuesday, December 07, 2021
Industrial adhesives are growing in demand as a result of the tech rise in various sectors like automotive vehicles and packaging solutions.
FREMONT, CA: Industrial adhesives are chemical compounds that are specifically created for bonding two substances. They are mainly constructed from synthetic and natural materials and have their use in a broad variety of sectors like building, packaging, automotive, medical, furniture, and many others.
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Polymeric chemistry research and improvements have expanded the industrial adhesives market's product line. Adhesive properties of VAE copolymers include good bonding and cure as well as elasticity.
Industrial adhesives will benefit from the rising demand for innovative adhesive solutions, notably from the paper packaging and automobile industries. Renewable packaging solutions for food & drinks, medicines, and cosmetics have provided the attractive potential for market participants.
Automotive is another prominent application category in the global industrial adhesives market that is expected to develop rapidly due to the drive towards lighter automobiles and higher fuel economy. With growing global pollution, numerous nations have enacted severe legislation requiring car manufacturers to decrease vehicle weight and employ fuel-saving technology. Excellent bonding of vehicle body pieces minimizes the weight of hinges and other auto components.
Increasing the use of electric and autonomous cars also boosts the industrial adhesives industry. Automobile makers are increasingly using adhesive materials instead of traditional bonding agents to meet the demands of electric automobiles. Also, the aircraft sector is a major consumer of industrial adhesives. As an example, bespoke formulations have broadened the range of adhesive developers for industrial applications. Changing dietary preferences, particularly in emerging countries and the Asia Pacific region, boost the need for food and beverage packaging, which in turn drives the industrial adhesives market.
The Asia Pacific leads the global market for industrial adhesives with nearly half of the revenue share in the year 2020. This is majorly attributed to the increasing construction activities, rising automotive sales, rising demand for packed & frozen foods, and many others. North America and Europe are the other significant regions that witness steady growth over the forthcoming years owing to the prominent impact of packaging and automotive industry growth on GDP.
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