Market Overview

The North American Market for Cyanoacrylate Adhesives 2018-2023 - The Rapidly Growing Automotive Industry is Driving Growth - ResearchAndMarkets.com

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The "North
America Cyanoacrylate Adhesive Market - Segmented by Type, End-user
Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to ResearchAndMarkets.com's
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The North American market for cyanoacrylate adhesives is expected to
register significant growth during the forecast period (2018-2023). This
tremendous growth is significantly driven by the rapidly growing
automotive industry.

Rapidly Growing Automotive & Furniture Industry in Mexico
Driving the Market

Mexico, one of the developing economies in the world, is experiencing
growth in the furniture and automotive industries. The country witnessed
growth in furniture production and exports. The country is experiencing
double-digit growth in the furniture production. Moreover, automotive
production also witnessed y-o-y growth of 13% in 2017. This will also
contribute to the market for contact adhesives during the forecast
period.

Furniture Industry to Show Growth

Cyanoacrylate adhesives, owing to their characteristics and physical
properties, are used in furniture made from wood, in millwork, doors,
cabinetry made from wood, and laminated countertops, among others. The
demand for furniture in North America is increasing due to the growth in
residential and commercial construction. Moreover, there is increasing
demand for rental furniture in the United States, also contributing to
the demand for cyanoacrylate adhesives in the region.

United States to Provide Significant Market Growth

In 2017, the United States accounted for the largest share of the
cyanoacrylate adhesives market. The market demand for cyanoacrylate is
majorly driven by continuous growth in the furniture and electronics
industry. The increasing usage in medical applications such as dental
and surgical processes and rising demand from the footwear and leather
industries will offer numerous opportunities for the growth of the North
American cyanoacrylate adhesives market.

Notable Market Development

  • The acquisition of Cyberbond helped the global adhesives manufacturer,
    H.B. Fuller to quickly become a leader in the Cyanoacrylate Adhesives
    (CA) technology market.

Company Profiles

  • 3M Co.
  • Arkema Group (Bostik SA)
  • American Chemical Inc.
  • Adhesive Technologies Inc. (AdTech)
  • Benson Polymers Limited
  • Chemence Ltd.
  • DELO Industrial Adhesives
  • Dow Corning Corporation (DowDuPont)
  • Dymax
  • Franklin International
  • H.B. Fuller Co.
  • Henkel AG & Co. KGaA
  • ITW Performance Polymers (Illinois Tool Works Inc.)
  • Jowat AG
  • Mapei SpA
  • Master Bond
  • Pidilite Industries Ltd.
  • Sika AG
  • Super Glue Corp.
  • Tesa SE (A Beiersdorf Company)

For more information about this report visit https://www.researchandmarkets.com/research/j9h4bw/the_north?w=4

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