Anaerobic Adhesives Market Share, Trends & Forecast (2022-27)
Market Overview:
The market for anaerobic adhesives was valued at USD 484.36 million in 2021, and it is anticipated to expand at a CAGR of more than 6.5% over the next five years.
In 2020, COVID-19 had a negative effect on the market. Due to increased demand from a variety of end-user industries, including electrical and electronics, building and construction, and others, the market did, however, experience a significant recovery in 2021.
The recovery of the automotive sector and rising demand from the electrical and electronics industries are fueling the study market’s growth over the medium term.
Scope of the Report:
Anaerobic adhesives are metal adhesives that also occasionally cure quickly in plastic and wood at room temperature. Only without air or oxygen do these adhesives cure. They have a mild, unobtrusive odour and are regarded as less toxic than other acrylics. Anaerobic adhesives have a relatively small number of ideal uses, but they are one of the most important adhesives when it comes to metal bonding. The anaerobic adhesives market is divided into regions, end-user industries, and product types. The market is divided into thread lockers, thread sealants, retaining compounds, and gasket sealants based on the type of product. The market is divided into various end-user industries, including automotive and transportation, electrical and electronics, industrial, building and construction, and others. The market size and forecasts for anaerobic adhesives in 15 countries across key regions are also covered in the report. The market sizing and forecasting for each segment have been done using value (USD million).
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