Metal bonding adhesives are used to attach metal-to-metal surfaces in various end-use industries such as automotive and transportation, industrial and others. These adhesives have high strength, low odor and rapid cure speed. These adhesives can be easily applied over the metal surface via static mixer. They absorb thermal shock and expansion stress and are non-flammable, thereby increasing the growth of the metal bonding adhesives market.
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Metal bonding adhesives are categorized into epoxy-based, acrylic-based, polyurethane-based, silicon-based and modified phenolic resin. Epoxy-based adhesives are used for metal bonding, owing to their durability, high strength, temperature resistance and depth of cure. These adhesives are known as Crash Durable Adhesives (CDA), as they encompass superior bonding properties resulting into improved crash resistance. Hence, epoxy-based adhesives are widely preferred in manufacturing lightweight automotive parts. Acrylic-based, used for permanent bonding assemblies, are based on acrylic polymers. Acrylic-based adhesives have high impact strength, high adhesion and bond strength equivalent to that of epoxy-based adhesives. These adhesives are mainly used as anaerobic adhesives in industrial applications.
Metal bonding adhesives are used in industrial applications as an alternative to traditional bonding methods for heat treatment and fastening. They are also widely used in industrial applications, including ultra-centrifuge rotors, machinery-based plates, cooling water pumps, reaction injecting molding machines, cooling water pumps and industrial pumps. These adhesives are utilized by the healthcare industry for bonding applications in dialysis machines, filters, needle bonding and X-ray and imaging equipment. Metal-to-metal bonding applications in the construction industry such as scrapers and trenchers are considered under the industrial segment.
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The key trend projecting growth in the metal bonding adhesives market is the rising focus of the automotive industry to produce lightweight vehicles without increasing the cost or penalizing on performance, quality and safety. This is obtained by replacing or reducing the usage of welding, bolts, screws, spot welding and other attachments by metal bonding adhesives. Additionally, the increasing demand from countries such as Canada and the U.S is further bolstering the growth of the global market during the forecast period.
The key restraints hampering the growth of the global market for metal bonding adhesives is the time required for the fixation of bonding tapes and development of the entire product; however, the time required for the fixation of bonding tapes during the development of the product can be reduced.
The major companies operating in the market are Henkel AG & Co. KGaA, H.B. Fuller Company, The 3M Company, Sika AG, The Dow Chemical Company, Arkema S.A., Solvay S.A., LORD Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA and Parson Adhesives, Inc.