The growing infrastructural development activities are one of the major factors propelling the demand for structural adhesives across the world. Structural adhesives are one of the important composite materials that are used for bonding surfaces and repairs in numerous infrastructural applications, such as the development projects pertaining to roads, railways, and bridges, due to their high resistance toward weather, chemicals, and temperatures and their high strength. Moreover, the increasing construction of residential and commercial buildings will further push the demand for these adhesives across the globe.



The other major factor powering growth in the demand for structural adhesives is the rising need for these adhesives in the footwear industry. In addition to this, such materials are increasingly being adopted in several other industries, such as electrical, electronics, and automotive. The surging adoption of electric vehicles (EVs) in several countries has resulted in a huge rise in battery assembly and other related operations and production of various types of electrical equipment, such as junction boxes, transmission towers, and transformers. This will further boost the demand for structural adhesives throughout the world in the near future.


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Driven by the above-mentioned factors, the revenue generated from the worldwide sales of structural adhesives is expected to rise from $11,677.9 million in 2018 to $15,683.0 million by 2024. The global structural adhesives market is additionally predicted to progress at a CAGR of 5.2% during the forecast period (2019—2024). There are multiple types of such materials available across the globe — epoxy, polyurethane, acrylic, and cyanoacrylate. Amongst these, the acrylic adhesives recorded the highest usage in 2018, mainly on account of their high peel and shear strength, which help form a strong bond with metals and plastics.

The biggest rage currently being observed in the structural adhesives market is the rising preference for these adhesives over the traditionally used fasteners. This is primarily attributed to the increasing usage of these adhesives in the global transportation industry, at the expense of the conventionally used weaker adhesive formulations and fasteners. In addition to this, owing to their lower weight, environment-friendly characteristics, lower costs, fuel economy, and aesthetics, structural adhesives are rapidly getting adopted in numerous industrial applications.

Therefore, it can be said with full surety that due to the rising construction and infrastructural development activities and the numerous advantages offered by structural adhesives over the conventionally used fasteners in industrial applications, their demand will shoot up in the years to come.