Thermosetting Acrylic Adhesive Market

Thermosetting acrylic adhesive is a type of adhesive that cures to form a permanent bond through heat or chemical reaction. Because of its high strength, durability, and resistance to temperature, chemicals, and U.V. radiation, it is widely used in a variety of industries, including automotive, construction, electronics, and aerospace.

Because of the increasing demand for lightweight and high-performance materials in various end-use industries, the global thermosetting acrylic adhesive market is expected to grow at a significant rate during the forecast period (2018-2031). The growing trend of miniaturization in electronics, as well as the growing use of composites in the aerospace and automotive industries, are driving demand for thermosetting acrylic adhesives.

Because of the presence of major end-use industries such as automotive, construction, and electronics, North America is expected to dominate the market. The growing demand for lightweight and fuel-efficient vehicles will drive market growth in this region.

Europe is also expected to grow significantly as demand for thermosetting acrylic adhesives in the construction and automotive industries rises. The strict regulations governing the use of adhesives in the automotive industry are expected to fuel market growth in this region.

Because of the presence of major end-use industries such as automotive, construction, and electronics in countries such as China, Japan, and South Korea, the Asia-Pacific region is expected to dominate the market during the forecast period. Rising infrastructure investment and rising demand for energy-efficient buildings are also expected to drive demand for thermosetting acrylic adhesives in the region.

3M Company, Henkel AG & Co. KGaA, Sika AG, H.B. Fuller Company, Huntsman Corporation, Ashland Global Holdings Inc., Dow Inc., Arkema S.A., and Lord Corporation are some of the key players in the global thermosetting acrylic adhesive market. To expand their market presence and strengthen their position in the global market, these companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions.