+1-888-308-5802     
News Contact Us

Anaerobic Adhesives Market: What Will Be The Future Growth Opportunities?

Author : Rahul Varpe | Published Date : 2019-03-19 

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.

Request for an in-depth table of contents for this report @ www.gminsights.com/request-toc/upcoming/2532

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.

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.

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.

Browse Complete Summary of this report @ www.gminsights.com/industry-analysis/anaerobic-adhesives-market

On the substrate basis, it is bifurcated into metal and plastics These products can be applied to high density plastics products only. If applied to low density plastics, it will cause cracking problems. In general, metals substrate holds major share of anaerobic adhesives market as they are best suited with metals such as copper, iron, steel, etc.

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.

Asia Pacific is depicted to have substantial growth and a major chunk in the anaerobic adhesives market share owing to growing industrialization in emerging countries such as China, India, South Korea. For instance, in 2014, Indian government has started an “Make in India” initiative program which allow foreign direct investments and help many manufacturing units to be set up in India. These factors will increase the production units and will further surge the anaerobic adhesives demand in next seven years.
 
Make an inquiry for purchasing this report @ www.gminsights.com/inquiry-before-buying/2532

The key participants in the market are Henkel AG & Co., DELO, The 3M Company, Permabond LLC, Kisling AG, Royal Adhesives & Sealants, ThreeBond Holdings Co. Ltd., H.B.Fuller (US), Nitto Denko Corporation Permabond LLC, Anabond Limited, Parson Adhesives, Cyberbond, Ecer, and Tonsan Adhesive Inc.
 

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

Related News

Isoprene Rubber Latex (IRL) Market 2019 | Regional Insights & Growth Forecast To 2024

Published Date: 2019-12-12         Author: Rahul Varpe

Isoprene Rubber Latex (IRL) Market is also extensively used in manufacturing medical supplies such as gloves, balloons, catheters, tube connectors, and many more. The global healthcare industry revenue was registered above USD 1.5 trillion in 2017 and this revenue will further increase in the foreca... Read More

Superabsorbent Polymers Market Analysis, Application, Regional Outlook, Competitive Strategies and Forecast to 2024

Published Date: 2019-12-12         Author: Rahul Varpe

North America market led by the U.S, will account for around 25% of superabsorbent polymer market. Growth in incidence of chronic diseases, increase in the general awareness of patients, and technological advancements will drive superabsorbent polymer market. Moreover, the life expectancy in the reg... Read More

Flexographic Printing Inks Market Industry Analysis, Trend, Growth, Opportunity, Forecast 2019-2024

Published Date: 2019-12-12         Author: Rahul Varpe

Applications in folding cartons will account for over 15% of the total flexographic inks industry till 2024. The growing number of e-commerce websites are flourishing the demand for folding cartons for packaging their products and for the ease of conveyance. Several instances of product return have ... Read More

© 2019 Fractovia. All Rights Reserved