Industry Background:
Hardware Glue is a strong adhesive substance used to join different materials related to hardware devices. The global market for hardware glue is majorly attributed towards increasing electronic industry. Growing demand for computer hardware is rising the market growth for hardware glue.This growth is primarily driven by Growing Adoption of Electronic Devices.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Diversified Chemicals sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Techspray, L.P. (United States), Loctite (Germany), Chemical Guys MFG. Co. (United States), Devcon (Bangladesh), Dow Chemical (United States), 3M (United States), MG Chemicals (Canada) and Simpson Strong Tie (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In February 2019: 3M an American multinational conglomerate corporation operating in the fields of industry, worker safety, health care, and consumer goods Completes Acquisition of M*Modal's Technology Business.
In September 2022,Weir Minerals, manufacturer of Linatex®, the world’s leading brand of premium natural rubber, has partnered with world’s number one adhesive producer Henkel and its team of LOCTITE® adhesive, sealant and coating specialists, to develop a mining industry-first solvent-free adhesive for rubber lining applications with zero volatile organic compounds (VOCs).Competition was observed to be moderately concentrated in industrial adhesives market and highly concentrated in consumer adhesives market .
Influencing Trend:
Growing Application and Technology Advancements
Market Growth Drivers:
Growing Adoption of Electronic Devices
Challenges:
Shifting Rules and Changing Standards and Lack of Long Term Performance Data
Restraints:
Environmental Regulation in Various Countries
Opportunities:
Rising Demand For Hard Glue in APAC Owing To Increase in The Number of Device
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Hardware Glue Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Hardware Glue Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Hardware Glue players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Hardware Glue Study Sheds Light on
The Hardware Glue Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Hardware Glue industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Hardware Glue industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.