Global Cyanoacrylate Adhesives Market

Cyanoacrylate adhesives are fast acting adhesives with strong bond strength. They are sold under monikers of instant glue or super glue etc. In its liquid form, they are made of monomers of cyanoacrylate molecules.It rapidly polymerizes in presence of hydroxide ions (moisture) to form long, strong chains, which joins the surfaces requiring bonding. They can be formulated with ingredients such as pyrogenic silica, rubber etc. to give additional properties like viscosity, shear strength, odor, temperature resistance etc.They areversatile with theability to form bonds with materials such as metal, natural fibers, plastics, composites, human tissues etc. They can form stronger bonds with thinner layers making them more potent in smaller amounts. They have fast set time, can cure at room temperature, and have high chemical resistance.

End-user/Technology

The major end-users of cyanoacrylate adhesives are in the automobile, electrical, consumer goods, electronic, plastic,medical, and woodindustries. They are used to assemble electronic prototypes & models. Industrially, they are used to create temporary bonds prior to application of other adhesives. They are used as filler materials in combinations with baking soda and calcium oxide. They are used to bond plastic goods in appliances. Cyanoacrylate adhesives are used as forensic tools to capture fingerprints from non-porous surfaces. They provide glossy finishes when cured using oil to repair wooden instruments and furniture. These glues can be used as first aid to temporarily mend injuries with different formulations

Market Dynamics

The demand for cyanoacrylate adhesivesis mainly driven by extensive & flexible industrial and household uses. Easy application requirements, faster curing time, and a wide range of materials applicability provide it an edge over its counterparts.

This increasing demand is constrained by its short shelf lifeand its non-usability when opened and exposed to adverse conditions. Cyanoacrylate adhesives face enhanced safety regulations and require handling by knowledgeable users. Other impediments include its exothermic and toxic nature. These same constraints entail multi-billion opportunity for growth in this industry as the technology improves and costs come down.

Market Segmentation

The market can be segmented in terms of the products type, and by its application.

Segmentation based on products type includes the different substrate compounds of cyanoacrylates used to make the adhesives such as butyl, ethyl, methyl, octyl etc.Based on application, it can be classified on the basis of the industrial sectors of its end users.

All of the above segmentations are fluid as new technologies emerge for different sectors. Additionally, the geographical concentration of the markets and the makers give an additional layout to these segments.

Regional/Geographic Analysis

North America (USA) and Europe (Germany, France, and the U.K.)house almost all of the top cyanoacrylate adhesive producingcompanies, granting them a dominant market share. Although they currently drivethe market in terms of innovations and are the largestmarket for them, future growth will come from APAC(China, India) with their booming economies, growing demographic requirements&manufacturing industry.

Opportunities

Development of less toxic variants provides significant newer opportunities in the market. The developing economies provide the opportunity to enter into newer markets with their rising standards of living and subsequent consumer goods & appliances requirements.

Key Players

Some of the major players in the market include3M, Arkema, Bostik, Dow, Franklin, Henkel, ITW, Master Bond, NinghaiDingcheng, Permabond, Pidilite, Super Glue, and Sika.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage