Molecular Superglue Market: Overview
Molecular superglue, also called as flesh-eating bacteria, is used to hold proteins or stick them immovably to surfaces. It is even used to assemble proteins and enzymes to build new structures on a nanometer scale. Molecular superglue was discovered by Dr. Howarth and Zakeri at the Department of Biochemistry of the University of Oxford. They developed an adhesive that binds molecules together and forms a disease-fighting agent. It is a gel made of cyanoacrylates, which helps in developing a rapidly acting adhesive. The term ‘cyanoacrylate glue’ generally describes quick-bonding superglue. The glue can be used to join objects ranging from metals to plastics and even the human skin. Unlike the traditional adhesives that are water-based, cyanoacrylate glue is composed of acrylic resins. Its key ingredient is cyanoacrylate, which is an acrylic monomer that transforms into a plastic state after curing. By using cyanoacrylate glue, proteins are locked together in such a manner that they can support better diagnostic tests, for instance, early detection of the cancer cells circulating in the blood. In research, cyanoacrylate glue is also employed for examining how forces inside the cells change the biochemistry of human’s body and affect the patient’s health.
Molecular Superglue Market: Trends & Developments
With increase in the demand for adhesives, the molecular superglue market is expected to expand in the near future. Furthermore, research on the therapeutic feature of molecular superglue is also being conducted, thereby increasing its usage further. Additionally, easy availability of raw materials required to manufacture molecular superglue is anticipated to boost the demand for the glue during the forecast period.
Molecular superglue market is undergoing technological advancements. Companies are striving to develop new and better methods to manufacture these molecular superglues. Development of new processes for the manufacture of molecular superglue and rise in its utilization are expected to propel the molecular superglue market during the forecast period. For instance, over the last few years, a Denmark-based research group has developed a new nanotechnology that optimizes the adhesion between plastic and metal on a molecular level (basically, a molecular superglue). Major players such as LEGO, Kamstrup (a major manufacturer of water meters), and Techflow (a U.K.-based supplier for the oil industry) have collaborated with SP Group, Grundfos, and Aarhus University to strengthen the development of commercial products based on this new discovery.
Molecular Superglue Market: Regional Outlook
Based on geography, the global molecular superglue market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Europe and North America are anticipated to constitute a major share of the global molecular superglue market during the forecast period. The molecular superglue market in North America is projected to expand at a significant pace from 2018 to 2026, due to rise in the demand for molecular superglue market in skin care and metal industries. Europe is anticipated to be an attractive molecular superglue market between 2018 and 2026, owing to increase in the demand for this glue in the health care sector in the region.
Molecular Superglue Market: Key Players
Prominent players operating in the global molecular superglue market include W.I. Polymers Ltd., SP Group, Grundfos, and Spiber Inc. These players engage in research & development activities, strategic alliances, and mergers & acquisitions to gain molecular superglue market share. Most adhesive brands have cyanoacrylate glue lines, often marketed under the name of ‘Super Glue’ or ‘Crazy Glue’. Popular molecular superglue brands include Infinity Bond and Permabond.
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.