According to ASI Magazine, the global structural adhesives market is projected to reach $15.72 billion by 2022. Take a look at this market’s key properties, segments and growth drivers.
Key Structural Adhesive Properties
Offering high load bearing capabilities, structural adhesives also have excellent environmental and chemical resistance. This enables them to withstand physical shock at a range of temperatures while maintaining performance despite:
- UV light
- Salt water
- Weather conditions
Additionally, structural adhesives can bond to a variety of dissimilar materials, including composite substrates.
Key Structural Adhesive Segments
Structural adhesives’ properties making them ideal for applications in the following markets:
- Bus and truck
- Wind energy
Key Structural Adhesive Growth Drivers
- Increasing use of composites across transportation markets is a leading growth driver for structural adhesive demand. Able to reduce weight and increase fuel efficiency, composites also enhance products’ structural integrity. As structural adhesives bond well to composites, their use rises as well.
- Increasing use of renewable energy and windmill installation is also driving structural adhesive demand. These adhesives bond well to the materials used in windmill construction and further sustainability initiatives.
Smart Structural Adhesives
Making a debut in early 2018, Bostik is launching smart structural adhesives ideal for composite applications. Backed by Arkema’s expertise, these solutions offer:
- Top-tier elongation and elasticity
- Improved operational efficiencies
- Cost savings
Stay tuned for more information on what to expect from Bostik in 2018!