Anaerobic Adhesives Market to offer a healthy CAGR of 7.2% during 2020-25
February 14, 2020
Anaerobic Adhesives Market Overview:
Anaerobic Adhesives Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Driven by their properties, the demand for anaerobic adhesives has been increasing in various end-use industries such as automotive & transportation, electrical & electronics, industrial, and others. Numerous manufacturers of anaerobic adhesives are undertaking R&D activities to develop sustainable adhesives and overcome the limitations of outmoded fastening methods.
Report Overview:
This new report from Stratview Research analyses the Anaerobic Adhesives Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Anaerobic Adhesives Market Segment Insights:
Product Type: thread locker, thread sealants and others
Based on the product type, the market is segmented as thread locker, thread sealants, retaining compounds, and gasket sealants. The thread sealants product segment is estimated to register the highest growth during the forecast period. Thread sealant adhesives offer phenomenal bonding strength to metals. Thread sealant adhesives own properties such as high heat resistance, chemical resistance, high performance on passive metals without activator, and instant low-pressure seal.
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Substrate Core Type: plastic, metal, rubber, and others
Based on the substrate type, the market is segmented as plastic, metal, rubber, and others. The metals segment is expected to portray the highest growth during the forecast period. Metal substrate-based anaerobic adhesives are extra strong. Metal substrates render anaerobic adhesives exceptional tensile strength and excellent tear resistance.
End-Use Industry Type: automotive, healthcare, building & construction and others
Based on the end-use industry type, the market is segmented as automotive, healthcare, building & construction, electrical & electronics, packaging, and others. The electrical & electronics end-use industry segment is estimated to depict the highest growth in the coming five years. Anaerobic adhesives find application for bonding, potting, low-pressure molding, and sealing & encapsulating critical components such as connectors, splice assemblies, and cable closures.
A highly/moderately/fragment consolidated Market
Some of the major players in the anaerobic adhesives market are Avery Dennison Corporation, Asian Paints Limited, A.B.E. Construction Chemicals (Pty) Ltd., Advance Tapes International Ltd., Chowgule Construction Chemicals Pvt. Ltd., Dukal Corporation, Furukawa Electric Co., Ltd., Gebrüder Jaeger GmbH, Henkel AG & Co. KGaA, and Johnson & Johnson.
Region: North America is estimated to hold the largest market
In terms of regions, the Asia-Pacific’s anaerobic adhesives market is estimated to witness the highest growth during the forecast period. The growth of the region’s anaerobic adhesives market can be attributed to the rising demand for anaerobic adhesives from countries such as India, China, South Korea, Thailand, Indonesia, etc. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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