Global Cyanoacrylate Instant Adhesives Market - 2020-2027
Cyanoacrylate glue is the technical name for what is commonly known as crazy glue. In fact, the term cyanoacrylate glue generally describes quick-bonding super glues. They can be used to combine anything from metal to plastic and also human skin. Moreover, unlike traditional adhesives, which are water-based, cyanoacrylate glue is composed of acrylic resin. The main ingredient in cyanoacrylate glue is cyanoacrylate, an acrylic monomer that transforms into a plastic state after curing. In addition, cyanoacrylate glue also differs from traditional glue due to its special bonding conditions. This is because cyanoacrylate glue can only bond with a surface when there is moisture present. This means if the cyanoacrylate glue is placed on a perfectly dry surface, it will not stick to the surface or form a bond. In contrast, when any moisture is present, the cyanoacrylate glue molecules will react with the moisture to form tight chains in between the two surfaces in contact. This reaction generates heat and occurs instantly, which differs from traditional glue bonding by evaporation of the base fluid.
The global cyanoacrylate instant adhesives market is estimated to reach USD XX billion by 2027 from the recorded market size of worth USD XX billion in 2019, growing at a CAGR of XX% during the forecast period.
The rising demand for cyanoacrylate instant adhesive is expected to boost the growth of the market due to its significant features such as one-part adhesive system, solvent-free, rapid room temperature curing, excellent adhesion to many substrates, easy to dispense in automated systems, a wide range of viscosities and excellent shear and tensile strength. Moreover, the increasing demand for improving adhesion to many substrates is expected to drive market growth during the forecast period.
Furthermore, the increasing demand for the automotive industry is expected to boost instant adhesive market growth during the forecast period. The automotive industry uses these adhesives to improve durability, enhanced strength and reduced vehicle weight. Moreover, automotive engineers use adhesives to bond dissimilar materials, such as aluminum and carbon fiber or plastic, which would be impossible to accomplish with traditional welding. In addition, the increasing demand for such features is expected to increase the market size of cyanoacrylate instant adhesive. According to industry analysis, the global automotive market is expected to reach USD 3,791 billion by 2030, from the recorded value of USD 2,681 billion with a CAGR of 2.65% during the forecast period.
However, some limitations such as poor peel strength, limited gap cure, poor solvent resistance, low-temperature resistance (up to 250° F), and bonds skin instantly are expected to hinder market growth cyanoacrylate instant adhesives during the forecast period.
By type, the market is segmented into methyl 2-cyanoacrylate, ethyl-2-cyanoacrylate, n-butyl cyanoacrylate, 2-octyl cyanoacrylate and others. By application, the market is segmented into woodworking, woodturning, carpentry, RC car model building, FPV plane building and racing, archery, high-pressure seal repair and others. By end-user, the market is segmented into medical, household, industrial, automotive, footwear, furniture, electronics and others.
Methyl cyanoacrylate is an organic compound that contains various functional groups such as a nitrile, a methyl ester and an alkene. Moreover, it is a colorless liquid with low viscosity and is used as the main component of cyanoacrylate glues. Also, it can be encountered under many trade names. Methyl cyanoacrylate is less commonly found than ethyl cyanoacrylate. In addition, it is soluble in methyl ethyl ketone, acetone, nitromethane, and dichloromethane MCA polymerizes rapidly in the presence of moisture.
Furthermore, heating the polymer causes the cured MCA's depolymerization, producing gaseous products that are strongly irritant to the lungs and eyes. Regarding occupational exposure to MCA, the National Institute for Occupational Safety and Health recommends workers do not exceed directions over two ppm (8 mg/m3) over an eight-hour work shift or four ppm (16 mg/m3) over a short-term exposure.
Asia-Pacific is expected to dominate the market size during the forecast period due to highly developed automation, electronics and musical instrument sectors. In addition, the continuous investments done in the region to advance the automobile sector are expected to drive market growth. Moreover, China holds the most significant market shares due to the increasing demand for electronic and musical instrumentation. It is expected that the musical instrument will reach USD 7,244 million in 2021 and is expected to grow with a CAGR of 6.85% during the forecast period. In addition, the growing investments by major market players for the R&D activities and expansion of their production capabilities and product portfolios are expected to increase the market growth.
North America is the fastest-growing market due to the increasing demand for the medical and electronic industry. It is expected that the electronic industry will grow by 6.5% from the previous year, 2019. Moreover, Europe and other countries are expected to contribute the significant growth for the instant adhesive market during the forecast period due to the increasing demand of the automotive industry. In addition, the government regulation in these regions is expected to drive market growth.
The cyanoacrylate instant adhesives market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. 3M Company, Henkel AG, Permabond, Engineering Adhesives & Lubricants (Aust) Pty Ltd., Bostik S.A, Alteco, Hernon, H.B. Fuller, Huntsman Corporation, ThreeBond Holdings Co. Ltd. are the major player in the adhesive market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the cyanoacrylate instant adhesives market globally.
Engineering Adhesives & Lubricants (Aust) Pty Ltd.
Cyberbond cyanoacrylate adhesives, also known as super glues or instant adhesives due to their unique adhesion profile, are one component, very fast setting adhesives and solvent-free. Moreover, these cyanoacrylates polymerize within seconds due to the presence of a weak base, such as surface moisture and will bond well to a wide range of substrates. Using solid technical and manufacturing resources, the company continuously develops cyanoacrylate adhesives to guarantee consistent and cost-effective results.