The report “Cyanoacrylate Adhesives Market by Chemistry (Ethyl cyanoacrylate, Methyl cyanoacrylate), End-use Industry (Industrial, Woodworking, Transportation (Automotive, Aerospace, Medical, Electronics, Consumer) – Global Forecast to 2029″, is projected to reach a market size of USD 2.56 billion by 2029 from USD 2.22 billion in 2024, at a CAGR of 2.9%. Asia Pacific is the one of the largest markets for cyanoacrylate adhesives. The demand for cyanoacrylate adhesives is experiencing significant growth across various industries, including automotive, electronics, medical, consumer, and more. Emerging nations such as China, Japan, India, US, and Germany, are expected to play a crucial role in driving the cyanoacrylate adhesives market forward.
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• 236 Market data Tables
• 64 Figures
• 282 Pages and in-depth TOC on “Cyanoacrylate Adhesives Market – Global Forecast to 2029″
• 64 Figures
• 282 Pages and in-depth TOC on “Cyanoacrylate Adhesives Market – Global Forecast to 2029″
Some of the prominent key players are:
- Henkel AG & Co. KGaA (Germany),
- H.B. Fuller Company (US),
- 3M (US),
- Sika AG (Switzerland),
- Huntsman International LLC (US),
- Arkema (France), and many more….
Opportunity: Expanding medical and electronics industries
Due to their quick bonding and high strength, cyanoacrylate adhesives are being adopted in the medical and electronics industries. These adhesives are used for wound closure, surgeries, and medical device assembly in the medical industry. In the electronics industry, they act as strong bonding solutions essential for manufacturing and repair applications. Their ability to strengthen the bonding of the substrates facilitates manufacturing of advanced electrical devices and components.
Ethyl cyanoacrylate by chemistry segment dominate the market by highest share of the cyanoacrylate adhesives market during the forecasted period.
Ethyl cyanoacrylates are dominating because of their balanced mechanical qualities andextensive availability. Because of its rapid curing time, excellent bonding capabilities, and versatility, it can be adhere on range of substrates, including plastics, metals, and ceramics. Additionally, continuous advancements in adhesive technology have improved the formulation of ethyl cyanoacrylate, enhancing properties such as environmental resistance and curing speed.
With ongoing technological advancements and innovations in cyanoacrylate adhesives, coupled with expanding applications in emerging industries, the segment is expected to experience robust growth in the forecast period.
Asia Pacific region is likely to be the fastest growing cyanoacrylate adhesives market during the forecast period.
Rapid industrialization and urbanization in the Asia Pacific region are driving demand across various sectors including industrial, automotive, electronics, and medical industry. With expanding manufacturing bases in countries like China, Japan, and India there’s a rising need for cyanoacrylate adhesives for various applications. Moreover, ongoing advancement in manufacturing technologies and materials, particularly in China and Japan, are boosting demand in diverse industrial sectors for strong and rapid curable adhesive solutions. Advancements in cyanoacrylate adhesives tailored to wide range of industrial application needs are poised to further stimulate market growth in the region.
