Lucintel’s latest market report analyzed that cyanoacrylate adhesives in the global speciality adhesive provides attractive opportunities in the transportation, footwear’s and leather, furniture, consumer goods, healthcare, and electronic markets. The cyanoacrylate adhesives in the global speciality adhesive market is expected to reach $2.8 billion by 2028 with a CAGR of 6.5%. In this market, ethyl ester-based is the largest segment by product type, whereas healthcare is largest by application.
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Based on product type, the cyanoacrylate adhesives in the global speciality adhesive market is segmented into alkoxy ethyl-based, ethyl ester-based, methyl ester-based, and others. The ethyl ester-based segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to increasing usage in automotive and other industry applications and the expanding product portfolio of prominent players.
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The Cyanoacrylate Adhesives in the Global Speciality Adhesive Market is marked by the presence of several big and small players. Some of the prominent players offering cyanoacrylate adhesives in the global speciality adhesive include 3M, Aica Kogyo Co, Arkema Group, H.B. Fuller Company, and Henkel AG & Co. KGaA.
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