The rising need for automation and miniaturization in the electronics industry and growing effectiveness of these adhesives even at room temperature are the major factors influencing market growth.
Market Size – USD 2.01 Billion in 2018, Market Growth - CAGR of 5.6%, Market Trends –Growing global use of green adhesives technology
NEW YORK, April 17, 2019 (GLOBE NEWSWIRE) -- The global Instant adhesive market is expected to reach USD 3.14 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the application of instant 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.
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Instant 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 polymerise, forming long and strong chains. These adhesives are sometimes known as power glues, instant glues, or superglues.
Specific cyanoacrylates include ethyl 2-cyanoacrylate (ECA, commonly called "Super Glue" and "Krazy Glue", or Toagosei), methyl 2-cyanoacrylate (MCA), octyl cyanoacrylate n-butyl cyanoacrylate (n-BCA), and 2-octyl cyanoacrylate (used in veterinary, medical, and first aid applications). Octyl cyanoacrylate is used to address toxicity concerns and reduce allergic response and skin irritation. The commonly used abbreviation for industrial grade cyanoacrylate is "CA".
Further key findings from the report suggest
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For the purpose of this report, Reports and Data have segmented global Instant adhesive Market on the basis of chemical composition, curing process, substrate, end uses, and region:
Chemical composition Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)
Curing process Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)
Substrate Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)
End uses Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)
Regional Outlook (Volume, Thousand units; 2018-2026 and Revenue, USD Billion; 2018-2026)
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