The global anaerobic adhesives market is expected to evolve at a CAGR of 5.8% from 2022 to 2032. At the end of 2021, the market was valued at US$ 546.8 million and is anticipated to reach US$ 1 billion by the end of 2032.
Demand for metal substrates is projected to increase at a CAGR of 6.3% from 2022 to 2032. Metal substrate-based anaerobic adhesives give exceptional tensile strength and fracture toughness to anaerobic adhesives.
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The global anaerobic adhesives market is fragmented in nature due to the presence of numerous suppliers of anaerobic adhesives. Leading anaerobic adhesive players are progressively focused on R&D to address the needs of end-use industries with adhesives that are suited for all applications.
For instance :
- In July 2020, Fixatti, a producer of thermos-bonding adhesive powder, was bought by Arkema. This agreement was made to improve the company’s global supply of hot melt adhesive products for specialized manufacturing applications in industries such as construction, transportation, textiles, and others.
Key Segments Covered in Anaerobic Adhesives Industry Research
Anaerobic Adhesives Market by Product Type :
- Thread Lockers
- Thread Sealants
- Retaining Compounds
- Gasket Sealants
Anaerobic Adhesives Market by Substrate :
- Other Substrates
Anaerobic Adhesives Market by End Use :
- Automotive & Transportation
- Electrical & Electronics
- Other End Uses
Anaerobic Adhesives Market by Region :
- North America
- Asia Pacific
- Latin America
- Middle East & Africa