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Industrial Adhesives Market; Rapid growth in automotive applications by 2017?2024 Business Articles | May 24, 2017
Industrial Adhesives Market, Industry Report, Regional Outlook Wil Myers Womens Jersey , Application Potential, Price Trends, Competitive Market Share & Forecast, 2017 – 2024
Global Market Insights has full report Titled “Industrial Adhesives Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany Rollie Fingers Womens Jersey , UK, France, Italy, Russia, China, India, Japan, Malaysia Dave Winfield Womens Jersey , Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Development Potential Tony Gwynn Womens Jersey , Price Trends, Competitive Market Share & Forecast, 2017 – 2024”.
Global Industrial Adhesives Market size is expected to expand at moderate growth rate in terms of volume during the forecast period. Healthy growth of the product is attributed to the replacement of mechanical fasteners with these adhesives in various end-user industries such as consumer durables, automotive, construction, packaging, aerospace, and other heavy industries.
Major application of industrial adhesives is in automobile industry Authentic Trevor Hoffman Jersey , using these adhesives as a substitute to metal fasteners reduces weight of the vehicle by almost 15%. Further, these adhesives are environment friendly as compared to other type of fixtures, as vehicle becomes more fuel efficient due to its low weight, resulting in reduced carbon emissions.
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Industrial Adhesives Market size & share forecast by product & application, 2017-2024 Growth drivers, pitfalls & industry challenges Key Industrial Adhesives Market growth opportunities & emerging business models Competitive benchmarking with market share analysis and company profiles
Industrial adhesives are preferred in consumer durables for packaging and assembling, due to ease of its use in terms of flexibility, lesser cure time and better adhesion. Increased number of attractive consumer appliances along with rise in purchase power of consumers have flourished consumer durables market in recent years Authentic Randy Jones Jersey , thus bolstering global industrial adhesives market.
Europe is forecasted to contribute substantially in industrial adhesives market owing to its developed automobile and aerospace market in Germany, UK, and Spain.
Asia Pacific is the next promising region in the global market due to the booming construction and consumer durable industry in China, India, Japan and South Korea. Establishment of foreign industries owing to business-friendly government policies and rise in residential and commercial projects had boosted infrastructural development in the region.
Further, Asia Pacific is anticipated to contribute significantly and can even exceed European market in terms of consumption of industrial adhesives.
Major global manufacturers in industrial adhesives market are Toyo Polymer Co. Ltd, the Dow Chemical Company, Sika Ag Authentic Rickey Henderson Jersey , Pidilite Industries Limited, Mitsubishi Chemicals Corporation, Huntsman Corporation, Henkel Ag & Company, Kgaa, 3M Company, Ashland Inc., BASF Se Authentic Ozzie Smith Jersey , Bemis, H. B. Fuller, E. I. Du Pont De Nemours And Company.
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