South America Epoxy Adhesives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Epoxy Adhesives Market Analysis
The South America epoxy adhesives market is expected to grow at with a CAGR greater than 4% during the forecast period. One of the major factors driving the market is the growing demand growing demand for miniaturized and lightweight electronics. However, volatility of the raw material prices is hindering the the growth of the market studied.
- Increasing applications and rising awareness for structural adhesives is expected to provide a major growth opportunity for the market studied.
- Brazil accounted for the highest share of the market and is likely to continue dominating the market during the forecast period.
- Among the end-user industries, construction industry is expected to dominate the market studied during the forecast period.
South America Epoxy Adhesives Market Trends
This section covers the major market trends shaping the South America Epoxy Adhesives Market according to our research experts:
Construction Industry to Dominate the Market
- Epoxy adhesives are used in construction applications, majorly for concrete repair and anchoring purposes. They are also used in woodworking and carpentry applications to increase the strength of adhesion with wooden surfaces in constructions.
- These adhesives are commonly used to bond steel, to reinforce plates or carbon laminates, and to strengthen beams and columns. They are also used for bonding segments in bridges and viaducts, where they may completely substitute metal screws or bolts, providing an effective resistance to the constant load on the road and the different temperature ranges.
- Epoxies are exclusively used for bonding of fasteners, where they protect the fastening materials, such as bolts from stresses and corrosion, in turn strengthening the bond.
- Epoxy adhesives are widely employed in public infrastructures, such as bridges for joining precast materials. They are also used for bonding of steel reinforcement components and carbon laminates for columns and slabs. Anchoring of bolts and steel bars in concrete and joining the ends of concrete or metal pipes for sewage systems are other applications that involve the usage of epoxy adhesives.
- Hence, owing to the above mentioned factors, construction industry is expected to dominate the market studied during the forecast period.
Brazil to Dominate the Market
- Brazil accounts for the highest share of South America epoxy adhesives market currently owing to the high demand from construction and aerospace industries.
- The aerospace industry in Brazil is enjoying a decent growth owing to the company Embraer, which ranks in one of the top five aircraft manufacturers in the world. The aerospace maintenance and repair sub-sector had been enjoying significant growth in the last couple of years.
- The State of Sao Paulo has the largest aerospace hub in Latin America with around 100 manufacturing facilities, of which approximately 70% is occupied by Brazilian units.
- Additionally, growing demand from the construction industry of the country is also expected to drive the growth of the market studied during the forecast period.
- Hence, owing to the above-mentioned factors, Brazil is likely to dominate the market studied during the forecast period.
South America Epoxy Adhesives Industry Overview
The South America Epoxy adhesives market is moderately fragmented as the market share is divided among a lot of players. Some of the key players in the market include 3M, Arkema Group, H.B.Fuller Company, Henkel AG & Co. KGaA, and Sika AG, among others.
South America Epoxy Adhesives Market Leaders
-
3M
-
Arkema Group
-
H.B.Fuller Company
-
Henkel AG & Co. KGaA
-
Sika AG
*Disclaimer: Major Players sorted in no particular order
South America Epoxy Adhesives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Growing Demand for Miniaturized and Lightweight electronics
- 4.1.2 Other Drivers
- 4.2 Restraints
- 4.3 Industry Value-chain Analysis
-
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
-
5.1 Product Type
- 5.1.1 One-component
- 5.1.2 Two-component
-
5.2 End-user Industry
- 5.2.1 Aerospace & Defense
- 5.2.2 Automotive
- 5.2.3 Marine
- 5.2.4 Electrical & Electronics
- 5.2.5 Construction
- 5.2.6 Energy & Power
- 5.2.7 Other End-user Industries
-
5.3 Geography
- 5.3.1 Brazil
- 5.3.2 Argentina
- 5.3.3 Chile
- 5.3.4 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
-
6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Arkema Group
- 6.4.3 Ashland
- 6.4.4 Dow
- 6.4.5 Dymax Corporation
- 6.4.6 Hexcel Corporation
- 6.4.7 Henkel AG & Co. KGaA
- 6.4.8 Hexion
- 6.4.9 Huntsman International LLC
- 6.4.10 H.B.Fuller Company
- 6.4.11 Jowat SE
- 6.4.12 MAPEI S.p.A.
- 6.4.13 RPM International Inc.
- 6.4.14 Sika AG
- 6.4.15 Wacker Chemie AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Increasing Applications and Rising Awareness for Structural Adhesives
South America Epoxy Adhesives Industry Segmentation
The South America Epoxy Adhesives market report includes:
| Product Type | One-component |
| Two-component | |
| End-user Industry | Aerospace & Defense |
| Automotive | |
| Marine | |
| Electrical & Electronics | |
| Construction | |
| Energy & Power | |
| Other End-user Industries | |
| Geography | Brazil |
| Argentina | |
| Chile | |
| Rest of South America |
South America Epoxy Adhesives Market Research FAQs
What is the current South America Epoxy Adhesives Market size?
The South America Epoxy Adhesives Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in South America Epoxy Adhesives Market?
3M, Arkema Group, H.B.Fuller Company, Henkel AG & Co. KGaA and Sika AG are the major companies operating in the South America Epoxy Adhesives Market.
What years does this South America Epoxy Adhesives Market cover?
The report covers the South America Epoxy Adhesives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Epoxy Adhesives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Epoxy Adhesives Industry Report
Statistics for the 2024 South America Epoxy Adhesives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Epoxy Adhesives analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
