The Instant Adhesive Market is projected to grow from USD 1.57 Billion in 2017 to USD 2.38 Billion by 2022, at a CAGR of 8.75% during the forecast period.
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Among applications, the medical
segment is leading the instant adhesives market and is projected to grow at the
highest CAGR during the forecast period.
Cyanoacrylate adhesives are expected
to find widespread use in external tissue bonding applications, particularly in
medical emergency and medical devices. Aging population and advancements in
medical procedures will continue to fuel the use of instant adhesives in
medical devices, including IV delivery systems, catheters, syringes, hearing
aids, silicone rubber components, and others.
The Asia-Pacific instant adhesives
market is projected to grow at the highest CAGR during the forecast period.
The Asia-Pacific instant adhesives
market is projected to grow at the highest CAGR during the forecast period. The
growth of the Asia-Pacific instant adhesives market can be attributed to the
rising demand for instant adhesives from emerging economies of the Asia-Pacific
region, including India, China, South Korea, Vietnam, and Singapore, among
others. Moreover, factors such as the improving standards of living and rising
per capita income of the countries of the Asia-Pacific region are also fueling
the growth of the Asia-Pacific instant adhesives market.
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Henkel AG & Co. KGaA (Germany), H.B. Fuller (U.S.), Huntsman Corporation
(U.S.), 3M Company (U.S.), Bostik SA (France), Toagosei Co., Ltd. (Japan), and
Pidilite Industries (India), among others, are the key players operating in the
instant adhesives market.
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