“Europe Epoxy Adhesives Market“ offer significant and proficient insights into the current market scenario and the emerging growth dynamics. The report on Europe Epoxy Adhesives Market provides the market players as well as the new visitors to show complete view of the market landscape. The comprehensive research will enable the well-established as well as the emerging players to establish their business strategies and achieve their short-term and long-term goals. The report also presents a significant evaluation of the scope of the regions and where the key participants might find potential growth opportunities in future.
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The Europe Epoxy Adhesives Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered financial information of last 3 years, key development in past five years.
The Europe epoxy adhesives market is estimated to grow at a significant CAGR during the forecast period, 2018-2023. Germany is expected to hold the largest share of the market, owing to the healthy growth of the construction and automotive industry. Construction is expected to hold the largest market share of the end-user segment.
Growing Demand from Automotive Industry to Propel Market Growth
Epoxy adhesives are used in the automotive industry for structural bonding, i.e. wherever strong and long-lasting bonds are required. The majority of the current automotive bonding applications are of epoxy adhesives. Thus, the epoxy adhesives market is directly related to the automotive production. The recent advancements in the adhesives technologies are aiding automobile manufacturers in the production of lightweight and fuel-efficient vehicles. Furthermore, Europe is the home for many of the major automotive producers and has many manufacturing plants scattered across the region. This surge in the automotive industry in the region is expected to increase the demand for epoxy adhesives.
Construction Expected to be the Largest End-user Segment
Construction accounted for close to 30% of the total market share in 2017. Epoxy adhesives are used for joining concrete, brickwork, masonry, elastomeric bearings, timber, ceramic tiles, aluminum, and steel. Moreover, with the increasing applications of plastics, wood, and composites in buildings, the application of epoxy adhesives in construction is also on the rise. Furthermore, the application of epoxy adhesives in pre-stressed concrete is also increasing. The recovering construction industry in the region is expected to further boost the demand for adhesives used in construction industry.
Germany to be the Dominant Region
Germany, with its high-class R&D infrastructure and powerful manufacturing base, is likely to continue to be a big aerospace manufacturing hub in the future. It is expected that around 30-35 thousand aircrafts will be operational within the next 20 years. Moreover, the automotive industry is a large sector in Germany, accounting for 20% of the total German industry revenue. Additionally, the electronics industry of the country is the largest in Europe and the fifth-largest in the world. The industry manufactures more than 100,000 different types of electronic items, ranging from components to household appliances, medical equipment, etc. This significant growth is expected to propel the demand for epoxy adhesives and will contribute to the growth of the market.
Notable Developments in the Market
September 2017: H.B. Fuller Company to acquire Royal Adhesives and Sealants.
August 2016: Adhesives division of Alfagres S.A. has been acquired by Henkel AG & Co. KGaA.
Major Players: Henkel AG & Co. KGaA, H.B. Fuller Co, SIKA AG, and Lord Corp, among others.
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Europe Epoxy Adhesives Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Europe Epoxy Adhesives Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Europe Epoxy Adhesives market on the basis of product type, application, and region
- To forecast and analyze the size of the Europe Epoxy Adhesives market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Europe Epoxy Adhesives market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Europe Epoxy Adhesives market
- To analyze opportunities in the Europe Epoxy Adhesives market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Europe Epoxy Adhesives market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Europe Epoxy Adhesives Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Europe Epoxy Adhesives trade
Marketing Channel Development Trend
Europe Epoxy Adhesives Market Positioning
Distributors/Traders List enclosed in Positioning Europe Epoxy Adhesives Market
Europe Epoxy Adhesives Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Europe Epoxy Adhesives Market 2019 report presents the descriptive analysis of the Europe Epoxy Adhesives Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Europe Epoxy Adhesives Market competitors.
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