This report was recently updated on April 19 2024 with the latest and most recent
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Anaerobic Adhesives Market Size & Analysis - Forecasts To 2025 By Product (Thread Locker, Retaining Compounds), By Substrate (Metals, Plastics, Others), By End-use (Automotive & Transportation, Aerospace & Defense, Marine, Electrical & Electronics, Industrial, Others), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa), Vendor Landscape, End-use Landscape, and Competitive Landscape - Global Market Estimates
Anaerobic Adhesives Market Insights
The global anaerobic adhesives market is expected to grow at a considerable CAGR over the coming years. The demand for powerful adhesives which provide high load bearing capacity, strength, and mechanical, chemical, and thermal resistance is expected to boost demand for these products.
The rapidly growing automotive and electrical & electronics industry is anticipated to foster demand for anaerobic adhesives. These sealants help reduce manufacturing costs by minimizing component inventory, enhancing equipment reliability, and increasing product shelf life. Manufacturers are investing large amounts in research & development initiatives in order to improve bonding capabilities of these adhesives. These products also offer medium viscosity and high curing.
Anaerobic Adhesives Market: Product Insights
Anaerobic adhesives are segmented into thread lockers and retaining compounds. Thread lockers helps fill microscopic gaps between threads. Retaining compounds are used extensively in securing bearing, cylindrical parts, and bushes. These products secure gaps between components and ensure quick curing to form a strong assembly.
Anaerobic Adhesives Market: Substrate Insights
On the basis of substrates, the market is segmented into metals, plastics, and others. Metal substrates are projected to grow exponentially due to wide applications of these adhesives in the industrial, automotive, and aerospace & defense sector. Properties such as high tensile strength, chemical & thermal resistance, and quick bonding ability are advantageous to end-use industries.
Anaerobic Adhesives Market: End-use Insights
On the basis of end-use the anaerobic adhesives market is divided into automotive & transportation, aerospace & defense, marine, electrical & electronics, and medical among others. The electrical & electronics segment is anticipated to grow at the highest CAGR over the coming years. High demand for anaerobic adhesives is experienced in the manufacture of electronic devices, power products, semiconductors, IC packaging, and other high voltage applications among others.
Anaerobic Adhesives Market: Regional Insights
Some of the leading electronic manufacturers include China, Germany, and the U.S. The demand for anaerobic adhesives is expected to grow at a high CAGR in the Asia Pacific region from 2017 to 2025. The rapidly evolving automotive and electronic sector in Asia Pacific is projected to positively influence demand for anaerobic devices.
The automotive industry of Asia Pacific is anticipated to grow tremendously over the coming years. Increasing production of vehicles and components is also anticipated to increase the demand for anaerobic adhesives. North America, Europe, and Central & South America are also expected to grow at a high CAGR over the coming years.
Germany and the U.S. are other leading producers of automotives and electronics. The efficiency of anaerobic adhesives in locking screws & nuts and preventing leakage of gas & liquids in the industrial sector is anticipated to positively influence market growth.
Anaerobic Adhesives Market: End-Use Landscape
The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase anaerobic adhesives over the coming years. Some leading consumers in the market include Volkswagen Group, Toyota Motor, and Daimler among others.
Anaerobic Adhesives Market: Competitive Landscape
Some of the major companies involved in this industry include 3M Company, H.B.Fuller, Henkel AG, Delta Adhesives, Three Bond International, Permabond LLC, Anabond Limited, Kisling AG, Tonsan Adhesive Inc., Alpha Adhesives & Sealants Ltd., Evonik Industries AG, and Royal Adhesives & Sealants among others.
Please note: This is not an exhaustive list of companies profiled in the report.
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The global anaerobic adhesives market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the anaerobic adhesives market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing anaerobic adhesives , and customer analytics.
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