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Anaerobic Adhesives Market Size, Share, Trend, Forecast & Industry Analysis: 2023-2028
Anaerobic Adhesives Market is segmented by Product Type (Thread Locker, Thread Sealants, Retaining Compounds, and Gasket Sealants), Substrate Type (Plastic, Metal, Rubber, and Others), End-Use Industry Type (Automotive, Healthcare, Building & Construction, Electrical & Electronics, Packaging, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World).
“The Anaerobic Adhesives Market was estimated at US$ 460.34 million in 2022 and is expected to grow at a CAGR of 5.6% during 2023-2028 to reach US$ 641.97 million by 2028.”
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Anaerobic Adhesives are free from solvents and are capable of curing without the presence of air. When it is applied for the curing purpose, it quickly hardens and seals the objects with the help of metal ions.
Anaerobic Adhesives can have several product types such as thread lockers, thread sealants, retaining compounds, and gasket sealants. Automotive, healthcare, building & construction, electrical & electronics, packaging, and some others are the industries where anaerobic adhesives are used.
Driven by their properties, the demand for anaerobic adhesives has been increasing in various end-use industries such as automotive & transportation, electrical & electronics, industrial, and others. Numerous manufacturers of anaerobic adhesives are undertaking R&D activities to develop sustainable adhesives and overcome the limitations of outmoded fastening methods.
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“The thread sealants dominate the market during the forecast period.”
The market is segmented into thread lockers, thread sealants, retaining compounds, and gasket sealants. The thread sealants product segment is estimated to register the highest growth during the forecast period. Thread sealant adhesives offer phenomenal bonding strength to metals.
Thread sealant adhesives own properties such as high heat resistance, chemical resistance, high performance on passive metals without activator, and instant low-pressure seal.
“The metals segment dominates the market during the forecast period.”
The market is segmented into plastic, metal, rubber, and others. The metals segment accounts for the highest growth during the forecast period. Metal substrate-based anaerobic adhesives are extra strong. Metal substrates render anaerobic adhesives exceptional tensile strength and excellent tear resistance.
“The electrical & electronics dominates the market during the forecast period.”
The market is segmented into automotive, healthcare, building & construction, electrical & electronics, packaging, and others. The electrical & electronics end-use industry segment is estimated to depict the highest growth in the coming five years.
Anaerobic adhesives find applications for bonding, potting, low-pressure molding, and sealing & encapsulating critical components such as connectors, splice assemblies, and cable closures.
“The Asia-Pacific’s anaerobic adhesives market is estimated to witness the highest growth during the forecast period.”
The growth of the region’s anaerobic adhesives market can be attributed to the rising demand for anaerobic adhesives from countries such as India, China, South Korea, Thailand, Indonesia, etc.
North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc.
The following are the key players in the anaerobic adhesives market (arranged alphabetically).
Note: The above list does not necessarily include all the top players in the market.
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Anaerobic Adhesives are free from solvents and are capable of curing without the presence of air. When it is applied for the curing purpose, it quickly hardens and seals the objects with the help of metal ions. Anaerobic Adhesives can have a number of product types such as thread locker, thread sealants, retaining compounds, and gasket sealants. Automotive, healthcare, building & construction, electrical & electronics, packaging, and some others are the industries where anaerobic adhesives are used.
The Anaerobic Adhesives Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Driven by their properties, the demand for anaerobic adhesives has been increasing in various end-use industries such as automotive & transportation, electrical & electronics, industrial, and others.
Some of the major players in the anaerobic adhesives market are Avery Dennison Corporation, Asian Paints Limited, A.B.E. Construction Chemicals (Pty) Ltd., Advance Tapes International Ltd., Chowgule Construction Chemicals Pvt. Ltd., Dukal Corporation, Furukawa Electric Co., Ltd., Gebrüder Jaeger GmbH, Henkel AG & Co. KGaA, and Johnson & Johnson.
The Anaerobic Adhesives Market is expected to reach US$ 641.97 million by 2028.
The metals segment is expected to register the highest growth in the anaerobic adhesives market during the next five years.
In terms of regions, the Asia-Pacific’s anaerobic adhesives market is estimated to witness the highest growth during the forecast period.
The thread sealants product segment is expected to register the highest growth in the anaerobic adhesives market in the coming years.
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