Anaerobic Adhesives Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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Dec 2020 |
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COVID-19
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Request Now !Anaerobic Adhesives Market Analysis 2020-2027:
Anaerobic adhesive is a solvent-free adhesive that cures in the absence of air and in the presence of metal ions. This adhesive stays in liquid form until isolated from oxygen, in presence of metal ions such as iron or steel. Anaerobic adhesive polymerization requires three conditions, air isolation, i.e., oxygen, metal contact, and sufficient temperature. Anaerobic adhesives are sold as liquid or paste in one-part form. They possess enhanced wetting capability and high temperature range. In addition, they can endure rapid thermal cycling, and are shelf stable and fast curing. They tend to securely assemble the parts using the press or shrink fit when utilized in applications for preservation. Moreover, they can be used on plastic, if the latter has higher density. When applied on small density plastics, these adhesives cause cracking. Primarily, anaerobic adhesives are primarily employed on metals.
Market scope and structure analysis
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Report Metric |
Details |
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Market size available for years |
2019–2027 |
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Base year considered |
2019 |
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Forecast period |
2020–2027 |
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Forecast unit |
Value (USD) |
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Segments covered |
Substrate, Application, End-user Industry, and Region |
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Regions covered |
North America (U.S., Mexico, and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and the Rest of LAMEA) |
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Companies covered |
Permabond LLC, ThreeBond Holdings Co. Ltd., Henkel AG & Co., Anabond Limited, 3M, Cyberbond, Kisling AG, Parson Adhesives, Royal Adhesives & Sealants, and Hylomar Ltd. |
Key drivers of global anaerobic adhesives market
Rapid increase in industrialization and rise in urbanization to meet the growing demand of anaerobic adhesives, globally is expected to fuel the growth of the global anaerobic adhesives market. In addition, surge in demand has been witnessed from the from building & construction industry, as anaerobic adhesives offer high shear strength and temperature resistance suitable for the industry. The superior sustainable properties of the adhesives are expected to drive the market for anaerobic adhesives. Moreover, the demand for anaerobic adhesives in end-use industries such as automotive & transportation and electrical & electronics has increased considerably. Several anaerobic adhesive manufacturers conduct R&D activities aimed at improving renewable adhesives and overcoming the limitations of conventional fastening methods, which significantly contribute toward the growth of the global market.
Market scenario: opportunities and challenges
The use of anaerobic adhesives reduces component inventories and manufacturing costs and increases reliability of the manufacturing equipment. Attributing to these properties, anaerobic adhesives are used in a variety of applications. Globally, the growing demand for automobiles and automobile components fuels the growth of anaerobic adhesives market. Many medical instruments use anaerobic adhesives for various purposes such as thread-lockers, oxygen compatible sealants, retaining compounds, and form in place gaskets. As the global healthcare market is experiencing notable growth, it is expected to act as an opportunity for the market in future. Although anaerobic adhesives have a number of applications and advantages, they are expensive, which hampers the growth of the market. Furthermore, they require special primers for passive metals, large bond gaps, or inert surfaces, which incurs additional manufacturing cost. In some cases, they can damage thermoplastics. Thus, all these factors together limit the demand for anaerobic adhesives, thereby restricting the global market growth.
COVID-19 scenario analysis
Owing to the outbreak of the COVID-19 pandemic, the global anaerobic adhesives market is expected to witness a slowdown during the next couple of years. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the production activities. In addition, recent decline in the growth of the construction activities is one of the key factors that is likely to negatively impact the growth of anaerobic adhesives market. Furthermore, companies are dealing with missing sales and disrupted supply chains, as production activities are ceased. However, the developing healthcare industry owing to the pandemic is expected to boost the growth of the anaerobic adhesive market.
Key segments covered
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Key benefits of the report
- This study presents the analytical depiction of the global anaerobic adhesives industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global anaerobic adhesives market share.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the global anaerobic adhesives market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global anaerobic adhesives market research report
- Which are the leading market players active in the global anaerobic adhesives market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
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- Supplies authentic information about market size, share, growth and forecasts
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- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
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