The global Cyanoacrylate Adhesives Market is expected to reach USD 3.52 Billion by 2028, according to a new report by Reports and Data. This can be mainly associated with the application of Cyanoacrylate Adhesives in fast curing and excellent bonding strength, rising need for automation and miniaturization in the electronics industry and growing effectiveness of these adhesives even at room temperature; with one-part catalyst free formulation as well as high chemical resistance.

Cyanoacrylate Adhesives Market Size – USD 2.28 Billion in 2020, Growth – CAGR of 5.6%, Trends –Growing global use of green adhesives technology

Cyanoacrylate Adhesives are strong and fast-acting adhesives with medical, industrial, and household applications, majorly with a composition of various esters of cyanoacrylic acid. The acryl groups in the resin, in presence of water, rapidly polymerises, forming long and strong chains. These adhesives are sometimes known as power glues instant glues, or superglues.

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Further key findings from the report suggest

The growth of the cyanoacrylate adhesives is expected to dominate the segment throughout the forecast period. Cyanoacrylates are rapid curing, and high bonding strengths on plastic and rubber materials. The versatility of these adhesives makes them highly useful in all industries, for instance, in electronics for printed circuit board components and wires as wel as for disposable plastic medical devices in medical technology.
Light curing cyanoacrylates are one of the newest and fastest growing adhesive technologies in the market. Light cure CAs perform similar to traditional Cyanoacrylate Adhesives but with an added advantage of instant, tack-free cure when exposed to UV or visible light, since they do not require the use of solvent-borne accelerators to speed the cure process. Thus, they overcome blooming and reduce stress cracking on sensitive substrates such as acrylics and polycarbonate.
Being the smallest molecule, methyls work best on rubber and metal parts while ethyls on plastic parts.
Europe dominates the market, and is forecasted to grow at a CAGR of 3.7% in the coming years, due to the presence of some of the largest manufacturers and vendors in the region, such as, Henkel AG & Co. KGaA, Bostik SA, KENT Europe, 3M, etc.
Asia Pacific region is expected to have the highest CAGR of 7.5% for the market by 2028, followed by North America. Low labor cost, abundant raw material, and low tax rate makes China the leading country in the region, and emerging players including India, South Korea, and Singapore. Moreover, high standards of living, high per capita income, and environment friendly adhesives are contributing to the demand for the market over the forecast period.
Growing automotive industry is driving the market in North America with second largest growth and CAGR of 6.0%. Latin America, and Middle East & Africa markets are also growing at a significant rate, reason being economic growth development and application in electronics, medical, and transportation sector.
Key participants include H.B. Fuller, Henkel AG & Company, Sika AG, 3M Company, Illinois Tool Works Incorporation (ITW), Toagosei Co., Ltd., Huntsman Corporation, Bostik SA, Permabond LLC, Pidilite Industries Limited, Franklin International, Royal Adhesives & Sealants, LLC, Masterbond, Lord Corporation, Delo Industrial Adhesives LLC, Parson Adhesives Inc., Loxeal Engineering Adhesives, Dymax Corporation, Chemence Limited, and Hernon Manufacturing, Inc., among others.
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Chemical composition Outlook (Volume, Thousand units; 2020-2028 and Revenue, USD Billion; 2020-2028)

Cyanoacrylate Cyanoacrylate Adhesives
Ethyl Cyanoacrylate
Methyl Cyanoacrylate
Others
N-Butyl Cyanoacrylate
2 2-Octyl Cyanoacrylate
Epoxy-Based Cyanoacrylate Adhesives
Cold cure adhesives or two-part
Heat cure adhesives or one-part
Curing process Outlook (Volume, Thousand units; 2020-2028 and Revenue, USD Billion; 2020-2028)

Conventional Cyanoacrylate Adhesives
Light-Cured Cyanoacrylate Adhesives
Substrate Outlook (Volume, Thousand units; 2020-2028 and Revenue, USD Billion; 2020-2028)

Metal
Steel
Aluminum
Others
Wood
Plastic
Glass
Composites
Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Cyanoacrylate Adhesives Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Cyanoacrylate Adhesives Market.

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Frequently Asked Questions Addressed in the Report:

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