Global Instant Adhesives Market Expected To Reach $ 2.19 Billion By 2021 With A CAGR Of 8.62%

Date: 2017-05-26

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The global Instant Adhesives market was estimated at USD$ 1.45 Billion in 2016, and is anticipated to reach USD$ 2.19 Billion by 2021, expanding at a CAGR of 8.62% between 2017 and 2021. The usability of these adhesive in several end-use applications, coupled with the rising demand for instant adhesive, is estimated to boost the demand for instant adhesive in the near future. Properties such as fast curing speed, ease of use, and excellent bonding strength make instant adhesive a preferred choice for applications where convenience and speed are required. These factors have also propelled the use of instant adhesive in applications such as electronics and automotive.

Among chemistry types, the epoxy-based instant adhesive segment is leading the instant adhesive market and is projected to grow at the highest CAGR during the forecast period..

Cyanoacrylate adhesive are expected to find widespread use in external tissue bonding applications, particularly in medical emergency and medical devices. Aging population and advancements in medical procedures will continue to fuel the use of instant adhesive in medical devices, including IV delivery systems, catheters, syringes, hearing aids, silicone rubber components, and others.
Some of the major competitors for Instant Adhesives market share include Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), Huntsman Corporation (U.S.), 3M Company (U.S.), Bostik SA (France), Toagosei Co., Ltd. (Japan), and Pidilite Industries (India), among others, are the key players operating in the instant adhesive market..

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Joanna | Executive – International Business and partner Relations
E-mail: | Tel: 1-510-400-8520



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