Anaerobic adhesives are defined as compounds that cure and harden when isolated from air between two metal or non-metal parts. These adhesives possess peculiar characteristics; they remain in liquid state in the presence of oxygen, and when isolated from oxygen, they harden to form a tough cured polymer that bonds between two adjacent faces of a metal. Polymerization of anaerobic adhesives requires three conditions: isolation from air, i.e., oxygen, contact with metal, and appropriate temperature. Anaerobic adhesives are sold as one-part liquid or paste. They have excellent wetting ability and high temperature range. Anaerobic adhesives can withstand rapid thermal cycling, and are shelf-stable and fast curing.
The global anaerobic adhesives market can be segmented based on substrate, application, end-user industry, and region. In terms of substrate, the anaerobic adhesives market can be classified into metals and plastics. Anaerobic adhesives can be used on plastics if the latter has higher density. When applied on small density plastics, these adhesives cause cracking. In general, anaerobic adhesives are primarily employed on metals. Thus, the metals segment holds the major share of the anaerobic adhesives market.
In terms of application, the anaerobic adhesives market can be divided into thread sealants, thread lockers, retaining materials, flange sealants, and others. In threaded applications, anaerobic adhesives prevent loosening and corrosion of the fastener, maintain clamp force, and offer controlled torque during the removal of the assembly. Anaerobic adhesives help bond assembly parts permanently using press or shrink fit when used in retaining applications. In sealant applications, they are used as formed-in-place (FIP) gaskets and prevent leaking of gases, fluids, or any contaminants. Anaerobic adhesives provide a leak proof seal. The thread lockers segment accounts for significant share of the market. This trend is likely to continue throughout the forecast period.
In terms of end-user industry, the anaerobic adhesives market can be segregated into automotive, appliance, electrical & electronics, health care, and others. Rise in demand for anaerobic adhesives in the automotive industry is boosting the anaerobic adhesives market. These adhesives are primarily applied for assembling of engines, braking systems, and other body parts. Anaerobic adhesives are used for permanent sealing of the internal and external structures in consumer appliances such as washing machines, cloth driers, and dish washers. Expansion in health care and electrical & electronics industries is fueling the anaerobic adhesives market. The automotive segment constitutes prominent share of the market. The segment is expected to expand at a fast-paced CAGR during the forecast period.
In terms of region, the global anaerobic adhesives market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific holds prominent share of the market owing to the expansion in end-user industries for anaerobic adhesives. Asia Pacific is followed by North America and Europe. Growth in the automobile industry in Latin America is likely to augment the demand for anaerobic adhesives in the region. The market in Middle East & Africa is expanding at a sluggish pace.
The global anaerobic adhesives market is fragmented with many small and medium players. Key players operating in the market include Permabond LLC, ThreeBond Holdings Co. Ltd., Henkel AG & Co., Anabond Limited, 3M, Cyberbond, Kisling AG, Parson Adhesives, Royal Adhesives & Sealants, Hylomar Ltd, DELO, Ecer, LOXEAL s.r.l., Alpha Adhesives & Sealants Ltd., and Tonsan Adhesive Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.