Structural Adhesives Market Trends 2022 In-Depth Coverage And Various Important Aspects
Market Scope Market Research Future (MRFR) confirms that the structural adhesives market had touched USD 18.3 billion in the year 2016 and is touted to capture a CAGR of 7.9% between 2020 and 2027. Key Boosters and Barriers The fast-expanding sectors like construction, automotive, transportation and furniture are encouraging Structural Adhesive Market companies to spend considerably on research and development activities. The adhesive has become an indispensable component in several sectors and are frequently subjected to advancements, which further boost their appeal and application scope. Structural adhesives have impressive thermal, chemical, abrasion and impact resistance and provide the high load-bearing capability, strength, resistance and durability against heat, impact, solvents, and fatigue. These also offer benefits like smoother lines with no protruding rivets, weld marks or nails in the body of the vehicle such as car, bus, and truck. The market growth is also fa...