Lucintel Estimates Adhesives in the Global Composites Industry to Grow at a CAGR of 7.6% during 2014-2019

Irving/Texas, June 1, 2015 (Newswire.com) - Adhesives in composites are mainly used in varieties industries, such as, automotive, wind energy, aerospace, and marine. Adhesives are primarily used in bonding and assembling of various parts, such as, roof assembly, door, spoiler, hood, trunk, and lift gate. Automotive is the largest end user industry segment in the global market, followed by aerospace, wind, and marine respectively. Epoxy-based adhesives are the most commonly used adhesives in composites. Growth in such end user industries as automotive, aerospace, marine, wind energy, and increasing penetration of composite materials in respective industries are the major drivers of adhesives in composites industry.

Adhesives in the global composites market is expected to grow at a CAGR of 7.6% during 2014-2019. Asia Pacific has been the top region in the global adhesives market, followed by North America, Europe, and Rest of the World. Henkel, 3M Company, Momentive, The Dow Chemical Company, and Huntsman Corporation are some of the suppliers of adhesives for various composite applications.

Lucintel, a leading global management consulting and market research firm, has analyzed the consumption of adhesives in the global composites market and has come up with a comprehensive research report, “Opportunities for Adhesives in the Global Composites Industry 2014-2019.” This report provides an analysis of adhesives in the global composites industry, including analysis of the market trends, competitive landscapes, company profiles, emerging trends, and key drivers of industry growth. The study also includes adhesives in the global composites industry forecast by 2019, segmented by regions, end use applications, and chemical products.

Adhesives in the global composites industry segmented by regions:

·         North America

·         Europe

·         Asia Pacific

·         Rest of the World 

Adhesives in the global composites industry segmented by applications:

·         Automotive 

·         Marine 

·         Aerospace 

·         Wind Energy 

·         Others

Adhesives in the global composites industry segmented by products:

·         Epoxy Adhesives 

·         Polyurethane Adhesives

·         Other Adhesives

This 171-page research report will enable you to make confident business decisions in adhesives in the global composites industry. For a detailed table of contents and pricing information on this timely, insightful report, click on this link http://www.lucintel.com/reports/chemical_composites/growth_opportunities_for_adhesives_in_global_composites_industry_2014-2019_trend_forecast_and_opportunity_analysis_june_2014.aspx  or contact Lucintel at +1-972-636-5056 or via email at [email protected]. Lucintel offerings include Chemical Market Research Reports, Chemical Industry Analysis Report, Business Diagnostic and Implementation, Industry / Market Analysis and Due Diligence. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, market insight, and cost efficiency. To learn more, visit www.lucintel.com. You can also contact us through Live Chat in its website to answer your questions in real time.

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