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Anaerobic Adhesives Market to witness a steady growth over the forecast timeframe

Author : Rahul Varpe | Published Date : 2019-09-10 

On end-user basis, the market is classified into automotive & transportation, electrical & electronics, and industrial applications. The other niche end-user application includes marine, textile, healthcare, etc. Among all, the global anaerobic adhesives market is likely to be led by electrical & electronics sector owing to trending miniature electronic devices, compelling the manufactures to produce thinner, lower weight, faster, smaller, powerful, energy efficient electronic systems. Industrial applications will witness high growth owing to replacement of mechanical fasteners in various end-user industries including metal working industry, consumer appliances, etc.

Anaerobic Adhesives Market Size will witness a favorable gain owing to wide use in myriad end-user domain including automotive & transportation, electrical & electronics, industrial application, etc. during the forecast time frame.

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 Anaerobic adhesives are one-part system which provide superior performance benefits such as vibration, corrosion prevention, fill gaps between metal components, augment the seal of mechanically joined assemblies, etc. The curing process of these products is possible under the exclusion of oxygen, as in presence of oxygen the anaerobic adhesives remains in liquid state and evacuation of oxygen initiates the metal ions to react with the anaerobic glue and form solid structure with high shear and compression strength.

 Electrical & electronics deemed to be a profitable quotient for anaerobic adhesives market as the product is majorly used in automobile engine assembly. These anaerobic adhesives find application in various automotive & transport applications such as, transmission input, camshaft sprocket bolts, idler bearings, crankshaft bolts, output shaft threads, press fit filler tubes ring gear, plastic knobs, soundproofing, console assemblies, electrical component boxes, attachment screws, hose fasteners, and dashboard accessories.

According to OICA, global automotive sales in 2016 was USD 93.8 million which is likely to grow at the end of forecast timeframe. This will increase the demand of anaerobic adhesives in next seven years down the line.

The use of product in electrical & electronics industry is a positive indicator for the market growth due to its application in sealing, bonding, encapsulating, potting, low-pressure molding critical components such as cable closures, connectors, and splice assemblies. In 2015, the global demand for electronic components was valued at over USD 5 billion and will grow with a substantial CAGR in the coming days.

 Healthcare sector in developing nation will provide an opportunity for the growth of anaerobic adhesives market owing to its nontoxic nature. On the other hand, stringent regulatory regimes in North America and Europe regarding emission of volatile organic compounds (VOCs) along with slow automotive production in countries such as Japan, Brazil, Russia, Taiwan and Argentina will hamper the anaerobic adhesives market.

 

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Based on product, anaerobic adhesive market is diversified as thread sealants/pipe sealants, thread locker, retaining compounds and gasket sealants. The retaining compounds is likely to have high market share owing to augment or replace mechanical joining techniques of cylindrical metal joints such as shrink fits, keyways and interference fits. Thread lockers also witness high market growth owing to cost effectiveness and out-perform alternative locking means such as studs, lock washers, and locking threads.

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About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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