Anaerobic Adhesives Market

Anaerobic Adhesives Market Outlook (2022 to 2032)

The global anaerobic adhesives market is expected to be worth US$ 648.5 million in fiscal year 2022, up from US$ 546.8 million in fiscal year 2021. From 2022 to 2032, the market is expected to grow at a 5.8% CAGR, reaching a value of US$ 1 billion by the end of 2032.

Anaerobic adhesives are metal adhesives that also occasionally cure swiftly in wood and plastic at ambient temperature. Only without air or oxygen can these adhesives cure. They have a moderate, unobtrusive odor and are regarded as less hazardous than other polymers. Anaerobic adhesives have a relatively small number of ideal uses, yet they are one of the most important adhesives when it comes to metal bonding.

The market for anaerobic adhesives will expand as a result of a number of both direct and indirect factors, including increasing awareness of the advantages of anaerobic adhesives for the environment, significant investments in R&D by huge firms, rising rates of industrialization, urbanization, and modernization, growing emphasis on cutting-edge technology, and advancements in manufacturing methods.

Anaerobic adhesives are used in a variety of aerospace and defense-related applications. The majority of nations in the globe are making significant investments in the military industry. Also, the quantity of commercial aircraft carriers has increased significantly worldwide.

The global market for anaerobic adhesives is growing as a result of several causes. Anaerobic adhesives are also used in the production of several household appliances, including washing machines, clothes dryers, dishwashers, food processors, etc. These elements are expected to favorably fuel the expansion of the worldwide anaerobic adhesives market.

There are several limitations and obstacles that will stop the market from expanding. the elements, including exposure to intense mechanical stress, extreme temperatures, etc. It is predicted that during the projection period, this would restrain growth.

Additionally, poor scope for product differentiation and slow development in automotive production in nations like Russia, Argentina, Argentina, Brazil, Taiwan and Japan are possible obstacles to the expansion of the worldwide industry. Nevertheless, the health sector in emerging nations, ongoing technological advancements, and unrealized possibilities in emerging markets present promising growth prospects.

Attributes	Details
Anticipated Base Year Value (2021)	US$ 546.8 million
Expected Market Value (2022)	US$ 648.5 million
Projected Forecast Value (2032)	US$ 1 billion
Global Growth Rate (2022 to 2032)	5.8%
CAGR of US (2022)	6.7
CAGR of China(2022 to 2032)	6.5%
Prominent Players in The Global Market	3M; Henkel AG & Co. KGaA; Eastman Chemical Company; Permabond LLC.; ThreeBond Holdings Co. Ltd.; Anabond Limited; Cyberbond; Kisling AG; Parson Adhesives; Hylomar Ltd.; Fixatti

2017 to 2021 Anaerobic Adhesives Market Demand Analysis Vs. Forecast 2022 to 2032

The global anaerobic adhesives market grew at a CAGR of 4.5% from 2017 to 2021, as per Fact.MR, a provider of market research and competitive intelligence. Anaerobic adhesives reduce component inventories, increase reliability, and save production costs.

In the transportation and automotive sectors, these adhesives are utilized in applications including flywheel bolts, idler bushings, plastic knobs, instrument amplifier boxes, connection screws, console components, dashboard accessories and hose fixes.

The increasing anaerobic adhesive production in the aerospace and military sectors to increase market demands. The global market for anaerobic adhesives is expanding as a result of the increased manufacturing of commercial airliners.

Anaerobic glue is also used in the electrical and electronic sectors, which indicates that the market is growing. There is lots of possibility for growth due to ongoing technology improvements, the expanding healthcare sector, and local burgeoning markets. Anaerobic adhesive demand is anticipated to increase between 2022 and 2032 at a CAGR of 5.8%.

Prominent Growth Drivers Influencing Anaerobic Adhesives Market

Increasing demand from transportation and automotive industry

Pipe sealants, retention compounds, thread-locking and gasket sealants are often used in the automobile sector, which is propelling the global demand for anaerobic adhesives market.

They are utilized in applications such as firewall and engine sealing, engine plug adhesives, threaded hose connector adhesives, engine monitor sensors, threaded hose nipple sealants for straight threads and pipes of engine compartments, automotive locking apps, wheel bearings, brakes, suspension areas,and communication, and many others.

These adhesives are also utilized in aircraft maintenance, repair, and operation (MRO) applications such as retaining, thread-locking, gasketing, as well as thread sealing. During MRO, these adhesives assist producers in avoiding excessive machining of the wide array of mechanical parts.

The current move from engines with internal-combustion to electric cars is pushing innovation in the automation technology. Anaerobic adhesives are utilized instead of mechanical fasteners because they can handle thermal expansion motions and are not corrosive.

Adhesives are also chosen over traditional joining methods because they can avoid corrosion and offer impact resistance, which is required to survive the high dynamic loads of electric motors. Such developments are expected to open up new avenues for this market, propelling the global demand at a rapid pace.

High anaerobic adhesive efficacy and strict fuel emission standards to aid growth

Anaerobic adhesives are safe for the environment, easy to use, and quickly set at room temperature. They do not require mixing and are non-toxic. They remove rust and therefore are solvent-free adhesives.

Anaerobic glue cures very rapidly, which is one of its finest qualities. The bonded pieces can be fixed in less than 10 minutes depending on the strength of the glue. Usually, it takes around 24 hours for the bonded components to be fully fixed.

Anaerobic adhesives are quite affordable and widely accessible in retailers. Thanks to their simplicity of use, great bond hardness, and high impact protection, anaerobic adhesives are perfect for gasket sealants, thread sealants, thread locks, and retention compounds.

Effective bonding of polymers in the anaerobic adhesives enhances strength, oxidation resistance and endurance at room temperature. This will result in an expansion of the worldwide anaerobic adhesives market throughout the forecast period.

Anaerobic adhesives are replacing fasteners and welds in vehicles, reducing vehicle weight and increasing fuel efficiency. Automobile manufacturers are required to reduce vehicle weight in order to fulfill fuel emission regulations. These current trends in anaerobic adhesives are propelling market growth.

What Could Possibly Hinder Anaerobic Adhesives Market Demand?

Higher mechanical stress and rising prices of the raw materials will impede the market growth

Although anaerobic adhesives offer many applications and advantages, their high cost restrains market expansion. Additionally, they require specialized primers for inert surfaces, large bond gaps, or inactive metals, which raises the cost of manufacture. In rare cases, they can harm thermoplastics. Each of these factors together therefore restrict the sales of anaerobic adhesive sealant.

There are several restrictions and obstacles that have been faced, which will restrict market expansion. factors include exposure to very superior mechanical stress, extremely high temperatures, and so forth. This is anticipated to prevent growth during the forecast period.

The uncertainty around severe rules and policies, the danger of substitutes, and growing raw material prices might hinder the expansion of the global anaerobic adhesives business in the future.

Category-wise Insights

Which product type is becoming the most prominent in the global market?

The thread lockers have significant features that are propelling its growth

The thread lockers category is expected to account for 37.5% of the worldwide anaerobic adhesives market by product type. The elements driving this segment's demand include those related to qualities like chemical resistance, high heat resistance, excellent performance on passive metals sans activator, and immediate low-pressure sealing.

By exhibiting qualities of controlled torque when disassembling the component and guaranteeing enough gripping force, thread lockers shield fasteners from corrosion and softening. Increasing anaerobic thread locker sales, environmental impacts, and regulatory initiatives are projected to favor the anaerobic adhesives market throughout the projection period.

Anaerobic thread lockers use anaerobic adhesives to hold the assembly's parts together. The anaerobic metallic glue fills in any small gaps and bonds the surfaces together when multiple threaded components are assembled. Such significant features are expected to boost the global growth of the thread lockers during the forecast period.

Which substrate segment will be using these products more often?

Rising usage of these adhesives for the metal substrate will enhance the growth

Metal substrates continue to dominate over plastic, metal, and other substrates, accounting for 47.8% of the worldwide anaerobic adhesives market. Metal-based anaerobic adhesives are particularly attractive due to the easy binding of the metal to metal with these anaerobic adhesives.

When these adhesives are applied to low-density polymers, cracking results. In general, anaerobic adhesives are employed mostly with metals. As a consequence, the market for anaerobic adhesives is dominated by the metal substrates sector.

Which anaerobic adhesives end use segment is anticipated to produce the highest revenue?

Anaerobic Adhesives are becoming more popular for engineering assemblies in the automotive and transportation industries.

The automotive and transportation sectors make up 36.5% of the worldwide anaerobic adhesives market by end use.

Rising demand for the pressure-sensitive adhesive within the transportation and automotive sectors is stimulating the anaerobic adhesives industry. The assembly of hydraulic systems, motors, and other body parts makes use of the bulk of these adhesives.

Engineering assemblies work best using these anaerobic adhesives. These adhesives have a variety of uses, including locking screw fasteners, preserving coaxially aligned cylindrical parts, sealing hinged components and closing threaded sections.

Anaerobic adhesives are used in many transportation and automotive industries because of their superior tensile strength as well as temperature resistance. Factors like these will make the demand skyrocket during 2022 to 2032.

Country-wise Analysis

What is the outlook of the US anaerobic adhesives market?

Increased R&D and the presence of key players in region to make it a lucrative market

From 2022 to 2032, the U.S. anaerobic adhesives market is anticipated to grow at a CAGR of 6.7%. During the forecast period, strict fuel regulations in the US are projected to increase demand for anaerobic adhesives in the automobile industry for the production of lightweight vehicle components.

Additionally, throughout the projection period, the presence of major players like Motion Industries, Inc. and Ellsworth Adhesives in this area is anticipated to support demand for anaerobic adhesives.

Anaerobic adhesives' capacity to secure bolts and nuts and prevent gas and liquid leaks in the industrial sector is anticipated to promote market expansion. The anaerobic adhesives market will advance throughout the forecast period as a result of increased R&D activities, advantageous financing policies to support industrial growth, a plentiful supply of raw materials, and growing expenditures by several public and private firms.

What can be expected from the Chinese market for anaerobic adhesives?

Increased demand from the automotive and aircraft sector will accelerate the regional demand.

Over the projected period, the Chinese market for anaerobic adhesives is expected to grow at a CAGR of 6.5%. The anaerobic adhesives are highly being used in the Chinese automotive as well as the aircraft industries. China is the world's biggest producer of automotives.

The number of automobiles manufactured in the nation in 2021 was 26.18 million, an increase of 3.1% over the 25.24 million manufactured in 2020, as per OICA. In November 2021, battery-operated electric car sales increased by 107% over the same time in 2020.

In November 2021, the nation' electric cars sales totaled about 413,194 units. Additionally, the market share climbed to 19.1%, with plug-in hybrid vehicles accounting for 4.2% of the total and 15% of all-electric vehicles.

In addition, China is a major domestic air travel market as well as one of biggest producers of aircraft. Additionally, over 250 small aviation parts manufacturers are increasing their use and need for the anaerobic adhesives as the nation's manufacturing industry for aircraft parts as well as assembly expands quickly.

Boeing's 2021 to 2040 Commercial Outlook predicts that by 2040, there would be over 8,750 new deliveries produced in China, with a sales marketing value of US$ 1,850 billion. The country's fresh deliveries are projected to increase demand for this market. Thus, the increased demand in these sectors will enhance the regional demand for anaerobic adhesives during 2022 to 2032.

What can be expected from the Indian market for anaerobic adhesives during the forecast period?

The usage of these products in various sectors will boost the regional demand

India's market for anaerobic adhesives is anticipated to grow at a CAGR of 4.6% between 2022 and 2032. The construction industry in India has been growing more quickly due to increased investments as well as people's increasing buying power.

Factors driving market growth in India include the rising usage of floor adhesives, the presence of significant firms, the country's rapid urbanization and modernization, the size of its population, and the growth and expansion of several end-user verticals.

By 2025, India's market for consumer electronics is anticipated to rank sixth worldwide. The adoption of electronic items, which requires these adhesives as well, is also being influenced by technological advancements in India, like the deployment of 4G or LTE networks as well as the IoT. The need for IoT has increased as a result of programmes like "Digital India" and "Smart City."

By 2022, India's massive construction industry is anticipated to overtake the United States as the third-largest market for construction in the world. It is anticipated that the government of India's several programmes, including the “Housing for All” scheme by 2022 initiative and the Smart Cities project, will provide the construction sector the essential boost.

For instance, the Indian government decided to offer interest subsidies of 3.5% and 4.5% for financing up to INR 12.5 lakhs and INR 9.5 lakhs, respectively, under the Pradhanmantri Awas Yojana to help lower-class citizens purchase and construct homes. Overall, throughout the projection period, all of these variables will have an impact on the sales of anaerobic adhesives in the Indian region.

Start-up Scenario

The various new companies that are emerging in the global market are mostly aimed at two significant developments- introducing new products in their line or enhancing the pre-existing products with enhanced technology.

• Moreau Marketing & Sales is a 2012 distributor of anaerobic adhesives for the purpose of thread locking as well as sealing. Their adhesives are extremely resistant to corrosion, heat, vibrations, gasses, water, oils, and a variety of chemicals and hydrocarbons. They also provide custom packaging and formulation services.
• Cadence Supply Company is an anaerobic adhesive distributor in 2011. Pipe sealants, thread locking compounds, and primers are among their offerings. They are available in 6 oz. and 50 mL sizes. These primers are appropriate for applications involving passive metals or inert surfaces, significant bond gaps, or cure temperatures below 15 degrees Celsius. Their sealants avoid galling on stainless aluminum, other metal pipe fittings, and steel while sealing against liquid and gas leaks. The thread locking materials are effective at temperatures ranging from -65°F to +300°F. They are also suitable for use on stainless steel as well as plated substrates.

Competitive Landscape

The global anaerobic adhesives market is fragmented due to the existence of several anaerobic adhesives vendors. Leading anaerobic adhesive manufacturers are increasingly focusing on R&D in order to meet the demands of end-use sectors with adhesives suitable for all applications.

• Henkel declared the launch of its Santa Clara, California, Application Center in 2022. This facility is intended to facilitate product development for the company's high-tech clients in the Silicon Valley area. The Application Center, which is a cutting-edge facility, will hasten activities to prove the viability of new electronic technologies. A complete co-development environment is provided by Henkel's Santa Clara Application Center, which also provides access to all the tools needed for technology development and testing. The roughly $2 million USD investment comprises, among other things, coating and jetting systems, dispensing robots, equipment for evaluating mechanical properties, and failure analysis capabilities. The building offers numerous safe collaboration areas for Henkel's technical specialists and its clients in addition to the hands-on lab, as well as online platforms providing options for virtual interaction.
• Eastman Chemical Company and various of its subsidiaries declared in 2021 that they had agreed into a formal deal to sell their adhesives resins assets as well as operations to Synthomer plc for a total cash value of $1 billion dollars. The hydrocarbon resins (including Eastman Impera tyre resins), polyolefin polymers, pure monomer resins, oleochemical and fatty-acid derived resins along with rosins and dispersion product lines are included in the sale. Eastman's Additives & Functional Products section now includes the company. At closure, the ultimate acquisition price is subject to capital investment and other modifications. The transaction is expected to be neutral to modified profits per share in 2022, according to the business.

Key Segments Covered In The anaerobic adhesives market Report

• By Product Type :

  • Thread Lockers
  • Thread Sealants
  • Retaining Compounds
  • Gasket Sealants

• By Substrate :

  • Metal
  • Plastic
  • Other Substrates

• By End Use :

  • Automotive & Transportation
  • Electrical & Electronics
  • Industrial
  • Other End Uses

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa