Global Instant Adhesive Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition Forecast & Opportunities.
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Epoxy-based instant adhesives have applications in the industrial, transportation, woodworking, and medical industries. It is projected that demand for epoxy-based instant adhesives would be high in the forecast period at a CAGR of 11.95%, though cyanoacrylate would be more widely used. For the industrial application segment, these are used in the automotive, transportation, and packaging industries. In transportation, it is used to bond and seal different materials. The use of this adhesive has been growing steadily due to the advantages it offers, such as high strength, long-lasting, fast curing, and many more factors that make it an ideal choice for various applications related to transportation. It is used in woodworking as a jointing material for furniture and other wooden structures. The epoxy-based instant adhesive is used in medical applications to bond and seal components of a variety of surgical implants. These adhesives are resistant to water and gas transmission, which makes them suitable for use in the sterile field during surgery. The major factors driving the growth of epoxy-based instant adhesives are increasing demand for quick and easy application; the growing prevalence of end-use industries such as transportation and engineering; and development in technology used in the production process. They are widely used adhesive solutions for various industrial and household purposes because of the numerous properties that epoxy resin possesses. It’s not just about providing strength, chemical resistance, or other mechanical characteristics to different objects but also provides a high adhesion level with good insulation properties, which makes it useful in several applications such as glass fibre lamination, metal bonding & sealing, potting electrical components, etc.
According to the research report, "Global Instant Adhesive Market Overview 2027," published by Bonafide Research, the market is expected to grow at a CAGR of 9.10% during the period 2022–2027. Future market opportunities lie in increasing demand for lubricants that are corrosion resistant, non-flammable, and nontoxic. Significant investments in research and development activities by major players and the launch of efficient and cost-effective instant adhesives will further accelerate market growth in the forecast period. The rise in end-use industries, as well as rapid adhesive features including fast curing and high bonding strength, increase the product demand within the forecasted period. The increasing applications for automation are fuelling the demand for instant-fixing adhesives, which will further propel the growth rate of the instant adhesives market. Furthermore, rising demand in developing countries will drive market value growth.
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