MARKET OVERVIEW:
Global Hybrid Dual-curing Adhesives market size was estimated at USD 523 million in 2023 and is projected to reach USD 731.61 million by 2032, exhibiting a CAGR of 3.80% during the forecast period. North America Hybrid
Dual-curing Adhesives market size was estimated at USD 145.30 million in 2023, at a CAGR of 3.26% during the forecast period of 2024 through 2032.
MARKET INSIGHT & GROWTH DRIVERS:
2023 CAGR 2032
The market growth is driven by increasing gold mining activities, particularly in Asia-Pacific and Africa, where cyanide leaching remains the dominant extraction method. However, environmental concerns and stringent regulations pose challenges to market expansion. USD 523 MLLION
%
MILLION
MARKET SEGMENTATION:
Acrylic Adhesive
Epoxy Adhesive
MARKET DYNAMICS
Increasing Demand from Automotive Sector
The automotive industry's emphasis on lightweight materials and strong bonding solutions is driving the demand for hybrid dual-curing adhesives.
MARKET OPPORTUNITIES
COMPANY MISSION
Emerging Applications in Healthcare: The healthcare industry's increasing demand for advanced bonding solutions presents a significant growth opportunity for hybrid dualcuring adhesives
Emerging trends in the Hybrid Dual-curing Adhesives Market include recent developments highlighting growth opportunities and drivers, challenges and restraints faced by both emerging and developed regions, in-depth analysis through Porter's five forces, insight into the market through Value Chain, market dynamics scenarios with growth opportunities in the forthcoming years, and 6-month post-sales analyst support.
REGIONAL MARKET OUTLOOK
North America
North America Hybrid Dual-curing Adhesives market size was estimated at USD 145.30 million in 2023, with a CAGR of 3.26% projected for the forecast period through 2032. Demand for these adhesives in industries like automotive and electronics is driving the market growth in this region.
Europe In Europe, the market for Hybrid Dual-curing Adhesives is showing steady growth, with key players like DELO and Henkel leading the market. The adoption of these adhesives in sectors like aerospace and healthcare is contributing to the market expansion.
• Dymax
• DELO
• Henkel
• H.B. Fuller
• NAMICS
• Addison Clear Wave
These companies represent some of the major key players driving innovation and growth in the market, contributing significantly to global supply and competitive dynamics.
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