Anaerobic Adhesives Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Anaerobic Adhesives Market Analysis :

Anaerobic adhesive is a solvent-free adhesive that cures in the absence of air and in the presence of metal ions. This adhesive stays in liquid form until isolated from oxygen, in presence of metal ions such as iron or steel. Anaerobic adhesive polymerization requires three conditions, air isolation, i.e., oxygen, metal contact, and sufficient temperature. Anaerobic adhesives are sold as liquid or paste in one-part form. They possess enhanced wetting capability and high temperature range. In addition, they can endure rapid thermal cycling, and are shelf stable and fast curing.  They tend to securely assemble the parts using the press or shrink fit when utilized in applications for preservation. Moreover, they can be used on plastic, if the latter has higher density. When applied on small density plastics, these adhesives cause cracking. Primarily, anaerobic adhesives are primarily employed on metals.

Key drivers of global anaerobic adhesives market

Rapid increase in industrialization and rise in urbanization to meet the growing demand of anaerobic adhesives, globally is expected to fuel the growth of the global anaerobic adhesives market. In addition, surge in demand has been witnessed from the from building & construction industry, as anaerobic adhesives offer high shear strength and temperature resistance suitable for the industry. The superior sustainable properties of the adhesives are expected to drive the market for anaerobic adhesives. Moreover, the demand for anaerobic adhesives in end-use industries such as automotive & transportation and electrical & electronics has increased considerably. Several anaerobic adhesive manufacturers conduct R&D activities aimed at improving renewable adhesives and overcoming the limitations of conventional fastening methods, which significantly contribute toward the growth of the global market.

Market scenario: opportunities and challenges

The use of anaerobic adhesives reduces component inventories and manufacturing costs and increases reliability of the manufacturing equipment. Attributing to these properties, anaerobic adhesives are used in a variety of applications. Globally, the growing demand for automobiles and automobile components fuels the growth of anaerobic adhesives market. Many medical instruments use anaerobic adhesives for various purposes such as thread-lockers, oxygen compatible sealants, retaining compounds, and form in place gaskets. As the global healthcare market is experiencing notable growth, it is expected to act as an opportunity for the market in future. Although anaerobic adhesives have a number of applications and advantages, they are expensive, which hampers the growth of the market. Furthermore, they require special primers for passive metals, large bond gaps, or inert surfaces, which incurs additional manufacturing cost. In some cases, they can damage thermoplastics. Thus, all these factors together limit the demand for anaerobic adhesives, thereby restricting the global market growth.

COVID-19 scenario analysis

Owing to the outbreak of the COVID-19 pandemic, the global anaerobic adhesives market is expected to witness a slowdown during the next couple of years. Governments of various countries have implemented lockdown, which has led to shutdown of factories in scores of cities and provinces across the world, thus leading to predictions of a sharp slowdown in the production activities. In addition, recent decline in the growth of the construction activities is one of the key factors that is likely to negatively impact the growth of anaerobic adhesives market. Furthermore, companies are dealing with missing sales and disrupted supply chains, as production activities are ceased. However, the developing healthcare industry owing to the pandemic is expected to boost the growth of the anaerobic adhesive market.

Key benefits of the report

• This study presents the analytical depiction of the global anaerobic adhesives industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global anaerobic adhesives market share.
• The current market is quantitatively analyzed to highlight the global anaerobic adhesives market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.

Questions answered in the global anaerobic adhesives market research report

• Which are the leading market players active in the global anaerobic adhesives market?
• What are the current trends that will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities of the market?
• What are the projections for the future that would help in taking further strategic steps?

 Anaerobic Adhesives Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights