Metal Bonding Adhesives Market by Resin Type,Application, and Region 2021

The Metal Bonding Adhesives Market was valued at USD 5.30 Billion in 2015 and is projected to reach USD 7.70 Billion by 2021, at a CAGR of 6.5% from 2016 to 2021.

Growth of the metal bonding adhesives market is propelled by the increasing adoption of metal bonding adhesives for automotive and industrial applications. Stringent government regulations to enhance fuel economy are further anticipated to boost the growth of the market.

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The automotive & transportation segment is the largest application segment of the metal bonding adhesives market. Metal bonding adhesives are extensively used in the automotive & transportation industry. These are widely used by Original Equipment Manufacturers (OEMs) for automotive exteriors and panel bonding. Metal bonding adhesives are also used for bonding body panels of buses and trucks. The industrial segment is the second-largest application segment of the metal bonding adhesives market.

The Asia-Pacific region was the largest regional segment of the metal bonding adhesives, market, in terms of value and volume, in 2015. Industrial growth in countries such as India, Vietnam, Indonesia, and Thailand, and increased investments in chemicals, petrochemicals, oil & gas, and food & beverages industries are key factors driving the growth of the Asia-Pacific metal bonding adhesives market.

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Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), The 3M Company (U.S.), Sika AG (Switzerland), The Dow Chemical Company (U.S.), Arkema S.A. (France.), Solvay S.A., (Belgium), LORD Corporation (U.S.), DELO Industrie Klebstoffe GmbH & Co. KGaA (Germany), and Parson Adhesives, Inc. (U.S.) are key players operating in the metal bonding adhesives market

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