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In terms of end-use, the 2K epoxy adhesives market is classified into transportation, aerospace OEM, building and construction, automotive, electronics, marine, wind energy, and others. The aerospace sector uses these adhesives in the form of 2K epoxy glue solutions across various utility cases such as to bind the rotor blades of helicopter. Due to their unique mechanical stability and strength, these adhesives are widely used in aircraft & aircraft components, spacecraft, and commercial airlines. Based on volume, the market share from aerospace OEM end-users is expected to go beyond 55-kilo tons by 2030.
2K epoxy adhesives are used for bonding, tamper-proofing, thread locking, and gasketing, among others in the aerospace sector. It is an effective bonding solution commonly used on overhead lockers and convenient seat trays, along with the inside as well as outside of an engine compartment. The substance offers a wide range of benefits including reduction of fuel cost and enhanced flexibility since it weighs less than mechanical fasteners. They are ideal in aerospace applications owing to weather-resistant and chemical-resistant properties along with the ability to reduce stress on other components through consistent bond lines.
Asia Pacific 2K epoxy adhesives market size is anticipated to surpass USD 5 billion by 2030. APAC is expected to become a lucrative business avenue for epoxy adhesive suppliers and manufacturers as the product is used across multiple applications in the marine, aerospace, automotive, construction, and consumer electronics sectors. These substances hold advanced adhesion capabilities, strong resistance to chemicals, high strength and majority of other external factors which make them an ideal fit across a broad spectrum of end-users.
The expanding automotive sector will be a key driver boosting 2k epoxy adhesive consumption in APAC. As per the OICA, in 2021, the combined vehicle production across China, India and Japan was more than 38.5 million. It indicates the considerable potential for the demand for adhesive materials and equipment to help bond automobile components.