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Anaerobic Adhesives Market - Global Industry Analysis

|About: APAC Customer Services, Inc. (APAC)
Summary

Manufacturers of anaerobic adhesives and its raw materials, including resins, solvents, additives, and pigments, and other feedstock chemical manufacturers.

Manufacturers in application industries such as automotive & transportation, electrical & electronics, industrial, and others.

Traders, distributors, and suppliers of anaerobic adhesives.

The anaerobic adhesives market is projected to grow from an estimated USD 429.5 million in 2017 to USD 564.1 million by 2022, at a CAGR of 5.60% from 2017 to 2022. The anaerobic adhesives market in the Asia Pacific (APAC) region is expected to grow at the highest rate during the forecast period, due to the increasing demand for anaerobic adhesives from end-use industries, superior properties of anaerobic adhesives, rising industrialization, and technological advancements.

Based on product, the thread sealants segment of the anaerobic adhesives market is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to superior properties of thread sealants such as high thermal properties, excellent chemical and mechanical properties, high performance on passive metals without activator, and instant low-pressure seal of thread sealants adhesives.

Based on substrate, the metals segment of the anaerobic adhesives market is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the advantages offered by metals over conventional materials. Metal substrates are used in various end-use industries such as automotive & transportation, electrical & electronics, industrial, marine, and aerospace.

Based on end-use industry, the electrical & electronics segment of the anaerobic adhesives market is projected to witness the highest growth during the forecast period. Anaerobic adhesives are used for bonding, potting, low-pressure molding, and sealing & encapsulating critical components such as connectors, splice assemblies, and cable closures.

APAC is expected to be the fastest-growing market for anaerobic adhesives. The growth of this market in APAC can be attributed to the presence of developing economies such as China, India, and South Korea. China is projected to lead the APAC anaerobic adhesives market during the forecast period.