05.04.18
The sporting goods sector has turned out to be a surprisingly lucrative avenue for the composite adhesives market. Sporting goods manufacturers are constantly looking for lightweight materials that can improve the performance of athletes and lead to lesser incidences of injury.
According to a new research report by Global Market Insights, Inc., the Composite Adhesives Market is expected to hit $2 billion by 2024.
Increasing application for replacing conventional binding and adhering techniques like mechanical bolt, fasteners and welds in the automotive, marine, construction and aerospace industries should impel the composite adhesives market size. Its growing popularity for various industrial application can be attributed to significant reduction in structural weight, fuel consumption and cost savings. Use of structural adhesives also shortens production cycle time and eliminates drilling hole on assemblies enhancing its structural strength.
Acrylic composite adhesives demand
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