Europe Engineering Adhesives Market Size study, By Type (Epoxy, Acrylic, Cyanoacrylate, Silicone, Other Types), By End-user Industry (Automotive, Aerospace, Industrial, Electronics, Other End-user Industries) and Country Forecasts 2022-2032
Europe Engineering Adhesives Market is valued approximately USD 6.80 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.71% over the forecast period 2024-2032. Engineering Adhesives are designed to provide strong, durable, and reliable bonds between substrates such as metals, plastics, composites, ceramics, and other materials commonly found in engineering and manufacturing processes. They provide robust bonding strength suitable for withstanding mechanical stresses, including shear, tension, and compression. Furthermore, rising demand of bonding materials within aerospace & defense industries are gaining attention towards Europe Engineering Adhesives Market. Aerospace and defense industries require lightweight materials and advanced manufacturing techniques to meet stringent performance requirements while minimizing weight. Engineering adhesives play a critical role in bonding lightweight materials like composites, aluminum, and titanium used in aircraft and defense applications. The Europe Engineering Adhesives Market offers a wide range of high-performance adhesives tailored to meet the specific needs of these industries.
The Europe Engineering Adhesives Market is driven by rising production of automotive, aerospace, and marine sector across the region. The automotive industry is increasingly adopting advanced engineering adhesives for various applications, including structural bonding, body panel assembly, interior components, and lightweighting initiatives. As automotive production continues to rise in Europe, driven by factors such as demand for electric vehicles (EVs), stricter emissions regulations, and technological advancements, the demand for engineering adhesives is expected to grow correspondingly. In addition, engineering adhesives are utilized in the construction, repair, and maintenance of ships and offshore structures, offering advantages such as corrosion resistance, structural reinforcement, and weight reduction. However, the high cost of engineering adhesives and fluctuation in pricing of raw material is going to impede the overall demand for the market during the forecast period 2024-2032.
The key countries considered for the Europe Engineering Adhesives market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the largest regional market owing to factors such as rising number of manufacturing industries across the region. Engineering adhesives find applications across a wide range of manufacturing industries, including automotive, aerospace, marine, electronics, construction, packaging, medical devices, and more. Each of these industries requires bonding solutions tailored to their specific needs, such as structural strength, temperature resistance, chemical resistance, and flexibility Furthermore, the market in UK, on the other hand, is expected to develop at the fastest rate over the forecast period.
Major market player included in this report are:Sika AG
Arkema S. A.
Henkel AG & Co. KGaA
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The detailed segments and sub-segment of the market are explained below: By Type
Epoxy
Acrylic
Cyanoacrylate
Silicone
Other Types
By End-user Industry
Automotive
Aerospace
Industrial
Electronics
Other End-user Industries
By Region:
Europe
UK
Germany
France
Spain
Italy
ROE
Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032
Key Takeaways:Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the markeDemand side and supply side analysis of the market
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