Lucintel Forecasts Adhesives in the Global Composite Market to Reach $2 billion by 2031

According to a market report by Lucintel, the future of adhesives in the global composite market looks promising with opportunities in the transportation, electrical & electronics, and construction industries. The global adhesives in the composite market is expected to reach an estimated $2 billion by 2031 from $1.7 billion in 2024, at a CAGR of 5% from 2025 to 2031. The major drivers for this market are increasing inclination towards adhesives over conventional binding techniques in various end-user industries and growing adoption of lightweight composites with superior strength and low density properties in the automotive aerospace and defense industries.

Browse 140 figures / charts and 97 tables in this 205 -page report to understand trends, opportunity and forecast in adhesives in the global composite market to 2030 by product type (epoxy, polyurethane, and other product types), application (automotive, marine, wind energy, aerospace, and other applications), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the product category, epoxy is expected to witness the largest growth over the forecast period due to increasing utilization in numerous end-use industries owing to their ability to withstand extreme environmental conditions.

Within the application category, aerospace & defense is expected to witness the largest growth as this adhesive provides strong bonding to the composite materials.

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In terms of regions, APAC is expected to witness the largest growth over the forecast period due to growing requirements for composite-based products in EVs, renewables, aerospace & defense, and construction industries.

3M, Arkema Group, H.B. Fuller Company, Henkel AG & Co. KGaA, Master Bond Inc., Parker Hannifin Corp (Lord Corporation), Parsons Corporation, Permabond LLC, Pidilite Industries Ltd, Sika AG are the major suppliers in the adhesives in the global composite market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056

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