The global anaerobic adhesives market size will grow by USD 134.61 million during 2019-2023. This market report provides a detailed analysis of the market by end-users (industrial, transportation, electrical and electronics, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M Co., H.B. Fuller Co., Henkel AG & Co. KGaA, Illinois Tool Works Inc., and ThreeBond Holdings Co. Ltd.
Key Insights on Anaerobic Adhesives Market - Global Forecast 2019-2023
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Industry Overview
The implementation of strict fuel emission standards has been identified as critical anaerobic adhesives market trends driving the growth of the market. Anaerobic adhesives significantly minimize the use of fasteners and welds in automobile components, including exterior body parts and suspension systems. The increasing use of anaerobic adhesives will help in reducing the overall weight and improving the fuel economy of vehicles. This will also help automobile manufacturers to comply with the strict fuel emission standards of various countries. The strict fuel regulations in countries, such as the US, the UK, Canada, Germany, and France will boost the demand for anaerobic adhesives in the automotive industry for the production of lightweight vehicle components.
The anaerobic adhesives market forecast report highlights the high performance of these adhesives as another significant factor that will contribute to market growth. Anaerobic adhesives are widely used in thread lockers, gasket sealants, thread sealants, and retaining compounds because of their ease of use, high bond strength, and high impact resistance. The ability of methyl methacrylate adhesives to cure at room temperatures further enhances its strength, durability, and chemical resistance. Moreover, anaerobic adhesives also help in providing superior finished product quality. These benefits of anaerobic adhesives are expected to fuel its adoption in several end-user sectors, including automobile, electrical and electronics, and construction industries. These factors will boost the growth of the anaerobic adhesives market at a CAGR of almost 6% during the forecast period.
Top Companies in Anaerobic Adhesives Market
The global anaerobic adhesives market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this anaerobic adhesives market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading anaerobic adhesives manufacturers, including:
- 3M Co.
- H.B. Fuller Co.
- Henkel AG & Co. KGaA
- Illinois Tool Works Inc.
- ThreeBond Holdings Co. Ltd.
Market Segmentation
Anaerobic Adhesives Market by End-users
- Industrial
- Transportation
- Electrical and electronics
- Others
The industrial sector will account for the highest anaerobic adhesives market share. The bonding properties, durability, and strength of anaerobic adhesives are responsible for its growing demand in industrial applications, such as metalworking, consumer appliances, and chemical processing. This market research report provides an accurate prediction of the contribution of all segments to the growth of the anaerobic adhesives market size.
Anaerobic Adhesives Market by Region
- APAC
- Europe
- MEA
- North America
- South America
With a complete study of the growth opportunities for companies, it has been identified that APAC will account for the highest anaerobic adhesives market share throughout the forecast period. The growth of end-user industries, such as automotive, electric and electronics, and industrial machinery in APAC will contribute to the anaerobic adhesives market growth in this region.
Major Highlights of the Anaerobic Adhesives Market - Global Forecast 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the anaerobic adhesives market during the next five years
- Precise estimation of the global anaerobic adhesives market worth and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the anaerobic adhesives industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of anaerobic adhesives companies
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