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 As per the latest survey by FMI, the  global structural adhesives market   is estimated to top US$ 11.6 Bn in 2022 . Increasing applications of structural adhesives in lamination, flooring, roofing, and coating across the construction sector are fueling the demand in the market. Demand for fuel-efficient and electric vehicles is rapidly increasing across the world with increasing fuel costs. Hence, automotive manufacturers are emphasizing on using lightweight materials such as composites, plastic, and others to enhance the fuel efficiency of vehicles. As per FMI, the market is anticipated  to reach US$ 16.1 Bn by 2028 . As structural adhesives play a crucial role in bonding substrate materials such as plastic and composites, increasing demand for lightweight materials within the automotive sector is projected to bolster the growth in the market. Driven by this, sales of structural adhesives are anticipated to rise at 5.6% CAGR between 2022 an...

The global structural adhesives market enjoys a valuation of US$ 11.6 Bn in 2021, and is predicted to expand at a steady CAGR of 5.6% and reach a net worth of US$ 16.1 Bn by the end of 2028. As per the latest survey by FMI, the global structural adhesives market   is estimated to top US$ 11.6 Bn in 2022 . Increasing applications of structural adhesives in lamination, flooring, roofing, and coating across the construction sector are fueling the demand in the market. Demand for fuel-efficient and electric vehicles is rapidly increasing across the world with increasing fuel costs. Hence, automotive manufacturers are emphasizing on using lightweight materials such as composites, plastic, and others to enhance the fuel efficiency of vehicles. As per FMI, the market is anticipated  to reach US$ 16.1 Bn by 2028 . As structural adhesives play a crucial role in bonding substrate materials such as plastic and composites, increasing demand for lightweight m...