The metal bonding adhesives market share is segmented
The metal bonding adhesives market share is segmented into epoxy based, polyurethane based and acrylic based. In 2015, the epoxy based product holds the major segment in the industry. Epoxy adhesives are broadly considered for metal bonding, due to its high strength, durability and temperature resistance. Epoxy based adhesives also called Crash Durable Adhesives (CDA), have superior bonding characteristics resulting in enhanced crash resistance. Thus, epoxy based products are widely considered in producing light-weight and durable automotive parts. In addition, the next largest segment in the industry was acrylic based in 2015. Order metal bonding G10 epoxy board adhesives market Report by calling Global Market Insights, Inc.
The prime driver of the metal bonding adhesives market size in the coming years is stringent government rules and regulations regarding efficient fuel usage that pose minimal risk to environment, which compel automobile producers, including heavy vehicle manufacturers to adopt materials that are eco-friendly and durable as well, which are also the product attributes. The product is extensively used in body panels bonding in trucks & buses. The industrial equipment segment is the next largest application sector in the industry. The product is used as a substitute to conventional bonding systems for fastening and heat treatment. It has extensive application in industrial segment such as machine base plates, ultracentrifuge rotors, reaction injection molding machines, industrial and cooling water pumps.The volatility in availability and prices of raw materials required in product manufacturing is a big challenge to metal bonding adhesives market size growth in the coming years.
Nowadays, increasing awareness among consumers pertaining to environment protection and carbon footprint is compelling the product manufacturers for manufacturing light weight and low carbon emitting vehicles, which creates new growth opportunity for the metal bonding adhesives market.Browse complete summary of this report @ https://www.gminsights.com/industry-analysis/metal-bonding-adhesives-marketIn 2015, Asia Pacific had a major chunk of the global metal bonding adhesives market size. Industrial growth and rapid urbanization resulting in rising disposable income in nations including Vietnam, India, Thailand and Indonesia along with augmented investments in petrochemicals, chemicals, food & beverages and oil & gas industries are the prime factors contributing to the industry growth in the region.
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