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Showing posts with the label Cyanoacrylate Adhesives Market Growth

Cyanoacrylate Adhesives Industry - Technologies, Applications, Verticals, Strategies & Forecast 2030

  The global cyanoacrylate adhesives market size was valued at USD 27.67 billion in 2023 and is projected to reach USD 40.19 billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030. The growth of this market is being fueled by the increasing use of cyanoacrylate adhesives in a wide range of industries, particularly in the automotive sector. These adhesives are highly valued for their strong bonding properties across multiple materials such as glass, metal, plastic, and painted surfaces. In the automotive industry, they are extensively used for assembling body interiors, electronic components, and engine systems, as well as for battery assembly in electric vehicles (EVs). The rapid global adoption of electric vehicles has significantly boosted the demand for cyanoacrylate adhesives. EVs are being widely promoted due to their lower operational costs, reduced carbon footprint, and enhanced energy efficiency, which align with global sustainability goals. Additionall...