Metal Bonding Adhesives Market by Resin Type (Acrylic, Epoxy, Polyurethane, Silicone, and Modified Phenolic Resin), Application (Automotive & Transportation, Industrial, and Appliances), and Region - Global Forecast to 2021

“The metal bonding adhesives market is projected to grow at a CAGR of 6.5% from 2016 to 2021, in terms of value”
The metal bonding adhesives market was valued at USD 5.30 billion in 2015 and is projected to reach USD 7.70 billion by 2021, at a CAGR of 6.5% from 2016 to 2021. In terms of volume, the metal bonding adhesives market is projected to grow from 1,337.5 KT in 2015 to 1,871.1 KT, by 2021, at a CAGR of 5.8% during the forecast period.
Growth of the metal bonding adhesives market is mainly driven by the expansion of the automotive, pharmaceutical, mining, and chemical industries. Growing preference for metal bonding adhesives over traditional bonding techniques such as fabrication and mechanical fastening is another significant factor driving the growth of the market. Fluctuation in raw material prices is affecting the value chain, which acts as a major restraint to the growth of the metal bonding adhesives market. However, adhesive producers in Europe and North America such as Arkema S.A. (France) and The Dow Chemical Company (U.S.) are shifting their focus on producing bio-based adhesives. The stagnant economic growth of countries in the South American and European regions, which are major revenue pockets for metal bonding adhesives, has negatively impacted the sales of these adhesives.
“Acrylic-based Metal Bonding Adhesives: The fastest-growing resin type segment of the metal bonding adhesives market”
The acrylic-based metal bonding adhesives segment is the fastest-growing resin type segment of the metal bonding adhesives market, followed by epoxy-based metal bonding adhesives. Demand for acrylic adhesives is mainly propelled by their impact strength, excellent adhesion, and excellent bond strength equivalent to that of epoxy-based adhesives. These adhesives are mainly used as anaerobic adhesives in industrial applications.
“Automotive & Transportation: The fastest-growing application segment of the metal bonding adhesives market”
The automotive & transportation segment is the fastest-growing application segment of the metal bonding adhesives market. Increasing usage of metal bonding adhesives that are replacing traditional bonding methods, such as fabrication and fastening, is anticipated to drive the growth of the metal bonding adhesives market in the automotive & transportation application segment. These adhesives are increasingly utilized to develop automotive exteriors and body panels of buses and trucks as well as in panel bonding applications.
The industrial segment is the second fastest-growing application segment of the metal bonding adhesives market. Increasing demand for metal bonding adhesives in industrial applications such as ultracentrifuge rotors, machinery base plates, cooling water pumps, reaction injecting molding machines, cooling water pumps, and industrial pumps is expected to drive the growth of this segment.
“Asia-Pacific: The fastest-growing regional segment of the metal bonding adhesives market”
The metal bonding adhesives market in the Asia-Pacific region is projected to grow at a high CAGR from 2016 to 2021, both in terms of value and volume. Industrial growth in countries such as India, Vietnam, Indonesia, and Thailand, and increased investments in chemicals, petrochemicals, oil & gas, and food & beverages industries are key factors driving the growth of the Asia-Pacific metal bonding adhesives market. Increase in investments made by companies in the automotive sector, the shift of production facilities to emerging economies, and strong industrial base, are additional factors contributing to the growth of the metal bonding adhesives market in the Asia-Pacific region.
This study has been validated through primaries conducted with various industry experts globally. These primary sources have been divided into three categories, namely, company type, designation, and region.
‧ By Company Type - Tier 1 - 63%, Tier 2 - 30%, and Tier 3 - 7%
‧ By Designation - C Level - 42%, Director Level - 27%, and Others - 31%
‧ By Region - North America - 10%, Asia-Pacific - 53%, South America - 7%, Europe - 20%, and Middle East & Africa - 10%
The report also provides company profiles and competitive strategies adopted by major market players, such as Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), The 3M Company (U.S.), Sika AG (Switzerland), The Dow Chemical Company (U.S.), Arkema S.A. (France.), Solvay S.A., (Belgium), LORD Corporation (U.S.), DELO Industrie Klebstoffe GmbH & Co. KGaA (Germany), and Parson Adhesives, Inc. (U.S.), among others.
Research Coverage:
The report covers the metal bonding adhesives market and its applications across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments, such as resin type and application. Furthermore, the report also includes an in-depth competitive analysis of key players in the market, along with their company profiles, SWOT analysis, recent developments, and key growth strategies.
Reasons to buy this report:
From an insight perspective, this research report has focused on various levels of analyses — industry analysis (industry trends); market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the metal bonding adhesives market; high-growth regions; and market drivers, restraints, and opportunities.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on metal bonding adhesives offered by top players in the metal bonding adhesives market.

Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in the metal bonding adhesives market

Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for metal bonding adhesives across varied regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the metal bonding adhesives market

Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the metal bonding adhesives market

TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.3 SCOPE OF THE STUDY 17
1.3.1 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY 18
1.5 LIMITATION 18
1.6 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primary interviews 22
2.2 MARKET SIZE ESTIMATION 23
2.3 DATA TRIANGULATION 25
2.3.1 RESEARCH ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN METAL BONDING ADHESIVES MARKET 30
4.2 METAL BONDING ADHESIVES GROWTH, BY APPLICATION 31
4.3 METAL BONDING ADHESIVES MARKET, BY RESIN TYPE, 2015 32
4.4 METAL BONDING ADHESIVES MARKET ATTRACTIVENESS 33
5 MARKET OVERVIEW 34
5.1 INTRODUCTION 35
5.2 MARKET SEGMENTATION 35
5.2.1 BY RESIN TYPE 35
5.2.2 BY APPLICATION 36
5.2.3 BY REGION 36
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5.3 MARKET DYNAMICS 37
5.3.1 DRIVERS 38
5.3.1.1 Increased demand in automotive & transportation and industrial applications 38
5.3.1.2 High demand for metal bonding adhesives in Asia-Pacific 39
5.3.2 RESTRAINTS 39
5.3.2.1 Volatility in raw material prices 39
5.3.2.2 Economic slowdown in Europe and South America affecting the sales of metal bonding adhesives 40
5.3.3 OPPORTUNITIES 40
5.3.3.1 Increasing demand for lightweight and low carbon emitting vehicles 40
5.3.3.2 Growing demand for low VOC, green, and sustainable metal bonding adhesives 41
5.3.4 CHALLENGES 41
5.3.4.1 Stringent and time-consuming regulatory policies 41
6 INDUSTRY TRENDS 42
6.1 INTRODUCTION 42
6.2 VALUE CHAIN ANALYSIS 42
6.3 PORTER’S FIVE FORCES ANALYSIS 43
6.3.1 THREAT OF NEW ENTRANTS 44
6.3.2 THREAT OF SUBSTITUTES 44
6.3.3 BARGAINING POWER OF SUPPLIERS 45
6.3.4 BARGAINING POWER OF BUYERS 45
6.3.5 INTENSITY OF COMPETITIVE RIVALRY 46
6.4 MACROECONOMIC INDICATORS 47
6.4.1 HIGH ADOPTION RATE OF LIGHTWEIGHT MATERIALS IN AUTOMOTIVE INDUSTRY 47
6.4.2 GROWTH OF MIDDLE-CLASS POPULATION IN EMERGING COUNTRIES 48
7 METAL BONDING ADHESIVES MARKET, BY RESIN TYPE 49
7.1 INTRODUCTION 50
7.2 EPOXY-BASED METAL BONDING ADHESIVES 51
7.3 ACRYLIC-BASED METAL BONDING ADHESIVES 54
7.4 POLYURETHANE-BASED METAL BONDING ADHESIVES 55
7.5 OTHER METAL BONDING ADHESIVES 57
8 METAL BONDING ADHESIVES MARKET, BY APPLICATION 59
8.1 INTRODUCTION 60
8.2 AUTOMOTIVE & TRANSPORTATION 61
8.3 INDUSTRIAL 62
8.4 APPLIANCES 64
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9 METAL BONDING ADHESIVES MARKET, BY REGION 66
9.1 INTRODUCTION 67
9.2 ASIA-PACIFIC 69
9.2.1 CHINA 72
9.2.2 JAPAN 74
9.2.3 INDIA 75
9.2.4 SOUTH KOREA 77
9.2.5 INDONESIA 79
9.2.6 REST OF ASIA-PACIFIC 81
9.3 EUROPE 82
9.3.1 WESTERN EUROPE 87
9.3.1.1 Germany 87
9.3.1.2 U.K. 90
9.3.1.3 FRANCE 92
9.3.1.4 Rest of western europe 94
9.3.2 CENTRAL & EASTERN EUROPE 95
9.3.2.1 RUSSIA 95
9.3.2.2 TURKEY 97
9.3.2.3 REST OF CENTRAL & EASTERN EUROPE 99
9.4 NORTH AMERICA 100
9.4.1 U.S. 104
9.4.2 MEXICO 105
9.4.3 CANADA 107
9.5 SOUTH AMERICA 108
9.5.1 BRAZIL 111
9.5.2 ARGENTINA 114
9.5.3 REST OF SOUTH AMERICA 115
9.6 MIDDLE EAST & AFRICA 117
9.6.1 SAUDI ARABIA 120
9.6.2 UAE 122
9.6.3 REST OF MIDDLE EAST & AFRICA 124
10 COMPETITIVE LANDSCAPE 126
10.1 OVERVIEW 126
10.2 NEW PRODUCT DEVELOPMENTS AND ACQUISITIONS: THE MOST POPULAR GROWTH STRATEGY 127
10.3 KEY GROWTH STRATEGIES IN THE METAL BONDING ADHESIVES MARKET, 2011–2016 127
10.3.1 NEW PRODUCT DEVELOPMENTS 128
10.3.2 ACQUISITIONS 128
10.3.3 EXPANSIONS 129
10.4 METAL BONDING ADHESIVES MARKET: MARKET SHARE ANALYSIS 129
11 COMPANY PROFILES 131
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 HENKEL AG & CO. KGAA 131
11.2 H.B. FULLER 134
11.3 SIKA AG 137
11.4 THE 3M COMPANY 140
11.5 THE DOW CHEMICAL COMPANY 142
11.6 LORD CORPORATION 144
11.7 DELO INDUSTRIE KLEBSTOFFE GMBH & CO. KGAA 145
11.8 PARSON ADHESIVES, INC. 146
11.9 ARKEMA S.A. 147
11.10 SOLVAY S.A. 148
*Details might not be captured in case of unlisted companies.
12 APPENDIX 149
12.1 INSIGHTS FROM INDUSTRY EXPERTS 149
12.2 DISCUSSION GUIDE 150
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 154
12.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 156
12.5 AVAILABLE CUSTOMIZATIONS 157
12.6 RELATED REPORTS 157
12.7 AUTHOR DETAILS 158