Structural Adhesives Market Opportunity | Trending Keyword, Regional Outlook, Analysis, Growth Forecast Analysis by Manufacturers
Market Research Future (MRFR) confirms that the Structural Adhesives Market Opportunity had touched USD 18.3 billion in 2016 and should be able to capture a CAGR of 7.9% during 2022 and 2030. Key Boosters and Barriers The fast-expanding sectors like construction, automotive, transportation and furniture are encouraging structural adhesive companies to spend considerably on research and development activities. 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 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 facilitated by the rising prefe