Growing demand for eco-friendly and cost-effective Epoxy Ceramic Adhesive is a key factor driving market revenue growth
The global Epoxy Ceramic Adhesive market size is expected to reach USD 12.7 billion in 2030 and register a CAGR of 5.1% over the forecast period, according to the latest report by Reports and Data. Key factors such as high demand for eco-friendly cost-effective Epoxy Ceramic Adhesive, rapid industrialization in developing countries, and increasing number of building construction activities are driving market revenue growth.
Ceramic adhesive is an inorganic and non-metallic material used as a bonding agent in different end-use industries. Epoxy Ceramic Adhesive are widely used in the construction industry for various applications such as roofing, wall covering, and flooring. These adhesives are also extensively used in the construction industry due to increasing focus on infrastructure development projects such as rail tracks, roads, flyovers, airports, industrial plants, and others. Moreover, these adhesives are used in the manufacturing of dental equipment, aircraft, automotive, and electronics electrical components.
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Top Leading Players in The Global Epoxy Ceramic Adhesive Market Are:
3M, Bostik, Sika, Henkel, H.B. Fuller Construction Products, BASF, MAPEI, Ardex, Laticrete International, and Terraco.
Some Key Highlights From the Report:
- In October 2021, DuPont opened a new manufacturing facility in Jiangsu Province, China to produce adhesives for serving customers in the construction and automotive industries.
- Cement-based segment accounted for largest revenue share in the global market in 2020. Increasing use of cement-based adhesive due to its good bonding strength is likely to boost growth of this segment in the near future.
Segments covered in the report:
Type Outlook (Revenue, USD Billion; 2019–2030)
- Cement-based
- Epoxy
- Silicone
- Acrylic
- Cyanoacrylate
- Others
Application Outlook (Revenue, USD Billion 2019–2030)
- Building Construction
- Residential
- Commercial
- Institutional
- Dental
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Epoxy Ceramic Adhesive Market Demand:
The demand for Epoxy Ceramic Adhesive has been increasing in recent years due to the growing adoption of ceramics in various industries such as construction, automotive, aerospace, and electronics. Epoxy Ceramic Adhesive are used for bonding, sealing, and repairing ceramics and other materials, and they offer several advantages such as high strength, durability, and resistance to heat, chemicals, and wear.
The construction industry is a major driver of demand for Epoxy Ceramic Adhesive, as they are used in applications such as tiling, flooring, and cladding. The automotive and aerospace industries also use Epoxy Ceramic Adhesive for bonding and sealing components such as engines, brakes, and electronic devices. In addition, the electronics industry uses Epoxy Ceramic Adhesive for bonding and encapsulating electronic components.
The global Epoxy Ceramic Adhesive market is expected to grow at a compound annual growth rate (CAGR) of around 6% from 2021 to 2026. The Asia-Pacific region is the largest market for Epoxy Ceramic Adhesive, driven by the growing construction and automotive industries in countries such as China and India. North America and Europe are also significant markets for Epoxy Ceramic Adhesive, driven by the increasing demand for advanced materials in various industries.
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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