22 Nov
2021
Industrial adhesives, also known as sealants, are organic and inorganic chemical compounds which are used to join several substrates through surface bonding and cohesion. These are mainly used to bond and fasten industrial applications, so can be an excellent replacement to welding, mechanical fastening and so many other joining methods.
Types of industrial adhesives:-
Industrial adhesives are available in the form of liquid, paste, film, pallets etc. and can be classified either by chemical compositions or by adhesive properties.
Classification based on chemical composition:-
Classification based on adhesive properties:-
Global market scenario of industrial adhesives:-
According to a report published by Allied Market Research, the industrial adhesives market size is anticipated to reach $54.9 billion with a significant CAGR from 2019-2027. Adhesives are used across various industries such as packaging, automotive, construction, transportation, electrical & electronics etc. Due to its wide usage in several applications, the demand for industrial adhesives is constantly increasing in the end use industries and thereby, boosting the market growth.
Apart from this, adhesives tend to reduce the overall manufacturing cost, and increase product performance along with their operating life. This in turn, has made various businesses to gain a competitive advantage in the market.
Furthermore, DELO, one of the global manufacturers of industrial adhesives that serves for automotive, consumer & electronic applications, has recently launched a UV area curing lamp. This is a modular designed lamp that can be beneficial for cleaning rooms. The lamp is based on water cooling and offers variable cooling concepts, hence can be widely adopted to consumer specific requirements.
Unfortunately, the outbreak of the COVID-19 pandemic has affected the industry in more than one way. The lockdown implementation across the world gave way to several restrictions and temporary closure to manufacturing facilities, which in turn, hampered the supply chain management of almost every industry across the world. Similarly, the automotive industry, electronics and electrical industries, chemical industry etc. faced immense failure in receiving raw materials on time as well as in interstate & international transportation of finished products. Thus, the huge losses in end use industries had subsequently decreased the demand for industrial adhesives, especially during the initial phase of the lockdown.
Nevertheless, the introduction of EVA hot melt adhesives for high performance packaging industry is expected to enhance the global industrial adhesives market growth in the near future. Moreover, the global companies of industrial adhesives are currently embracing new strategies and seeking new finance resources in order to expand their manufacturing sector, to overcome the losses and most importantly, to stay competitive in the market
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
Cheese Sauce: How Manufacturing Healthy and Vegan Alternatives Boosts the Potential of Brands?
Analyzing the Increasing Preference of Construction Companies for Artistic and Stained Glass
How Surface Computing Contributes to the Expansion of Multiple Industries?
Air Crane Helicopter: How Advanced Technology Integration Optimizes Operational Efficiency?
Which Latest Trends in the Cosmetics Industry Should Businesses Adopt to Stay Ahead of Their Peers?
How Are Bicycle Manufacturers Responding to the Evolution in the Gear Bicycle Industry?
How Investment in Green Hydrogen Technology Is a Profitable Business Decision?
Cash in Transit: How Advanced Telematics Improves the Security of Financial Service Businesses?