According to a recent study titled ‘Epoxy Adhesives Market Share, Size, Trends, Industry Analysis Report, By End-User; By Product Type ; By Regions; Segment Forecast, 2020 - 2026’, available with Market Study Report, global epoxy adhesives market is projected to reach a valuation of USD 11,631 million by the year 2026.
 

As per the findings of the report, growing demand from various industry verticals for structural applications is the primary growth driver of global epoxy adhesives market.
 

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For the uninitiated, epoxy adhesives exhibit high shear strength, superior thermal and chemical resistance, and strong bonding properties. The adhesives can fixate to a broad range of substrates, including wood, glass, and metal. Moreover, epoxy adhesives can be modified or altered to yield new properties and customized solutions.
 

Based on product type, one-component segment in global epoxy adhesives market is anticipated to witness substantial demand during the analysis period. The growth creditable to their widespread use across several end-use industries for sealing and filling gaps between surfaces efficiently.
 

Speaking of the end-user spectrum, construction segment secured majority of global epoxy adhesives market share in 2019, however, energy and power segment is expected to showcase a robust growth rate over the projected timeline. Rising environmental concerns along with government initiatives promoting the adoption of wind, solar, hydropower, and fuel cell solutions is augmenting the demand for epoxy adhesive as it safeguards these renewable systems from external forces, mechanical stress, and chemical abrasion.
 

On the geographical front, Asia Pacific lead the global epoxy adhesives industry growth in 2019 and is touted to grow exponentially over the forecast timeframe, attributable to rapid industrialization, urbanization, and expansion of the automotive sector in the region. Moreover, growing awareness regarding electric vehicles, escalating demand for miniaturized and high performing electronics, along with growing presence of leading players in India, China, Japan, and South Korea are the other rationales contributing to the regional market expansion.
 

Key players that hold a majority stake in global epoxy adhesives market share are Alfa International Corp., Collano Adhesives AG, DELO Industrie Klebstoffe GmbH & Co. KGaA, American Chemical, Inc., H.B. Fuller Co., Adhesive Technologies Corp., Henkel AG & Co. KGaA, and 3M Company among others.