The report "Friction Bonding Adhesive Market By Type (Epoxy Based Adhesive, Polyurethane Adhesive, Other Types), End use Industry (Automotive, Aerospace, Industrial, Other End-use Industries), and Region - Global Forecast to 2030", The friction bonding adhesives exhibits moderate growth potential and is projected to reach a market size of USD 2.5 billion by 2030 from USD 1.8 billion in 2024, at a CAGR of 5.8%. One of the largest markets for global friction bonding adhesive worldwide is the Asia Pacific. The demand for friction bonding adhesive is increasing in the automotive, and aerospace. The demand from developing nations, such as China, India, Brazil, are expected to drive the global friction bonding adhesive market.
Browse 400 market data tables with 75 figures spread through 401 pages and an in-depth TOC on the report, "Friction Bonding Adhesive Market, By Type (Epoxy Based Adhesive, Polyurethane Adhesive, Other Types), End use Industry (Automotive, Aerospace, Industrial, Other End-use Industries), and Region – Global Forecast to 2030".
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Epoxy, by type segment is expected to hold largest share of the friction bonding adhesive market during the forecasted period.
It is anticipated that the epoxy type segment will dominate the friction bonding adhesive market in the forecast period. These epoxies are known to have superior strength and durability along with resistance to various environmental factors such as moisture, heat, and chemicals. All these properties make the adhesive well suited for very demanding applications in the case of industries like automotive, aerospace, and construction. With the focus shifting more on industries' performance concerning adhesives, epoxy-based friction bonding adhesives are expected to lead the market because of the varied applications and their exceptional bonding properties.
Automotive, by end-use industry segment hold the largest share in overall friction bonding adhesive market during forecast period.
The automotive application category will comprise the largest end-use industry segment in the friction bonding adhesive market during the forecast period. An increasing demand for lightweight, tough, and high-performance materials from automotive manufacturers drives the application of friction bonding adhesive solutions. These adhesives are capable of binding metals, plastics, and composites to significantly reduce vehicle weight while enhancing fuel efficiency and satisfying even the most severe performance criteria. The focus of innovation and sustainability makes friction bonding adhesives a vital part of future vehicle design and generation strategy.
Asia Pacific region likely to account the largest share of the global friction bonding adhesive market during forecasted period.
The Asia Pacific region is expected to hold a significant share in the global friction bonding adhesive market in the forecast period. The emergence of vital industries like automotive, aerospace, and manufacturing in countries such as China, India, and Japan managed to create the scenarios for this growth. Rising industrialization in the region coupled with increased lightweight, strong, and low-cost bonding solutions boosts the use of friction bond adhesives. Besides, the growing emphasis on sustainability and the changing trends toward technology in adhesive formulation emphasize the growth of such adhesives in Asia Pacific, making it a major force of the market globally.
Henkel Ag & Co. KGAA (Germany), H.B. Fuller Company (US), Bostik (France), 3M Company (US), Sika Ag (Switzerland), Eastman Chemical (US) are the key players in the global friction bonding adhesive market.
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