The Structural Adhesives Market is expected to grow at a 5.8% CAGR, reaching USD 39.84 billion by 2034, up from USD 23.78 billion in 2024.

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The Polyimide Resins Market is growing as these high-performance polymers are widely used in electronics, aerospace, and automotive industries. Polyimide resins offer excellent thermal stability, chemical resistance, and mechanical properties. The market is driven by the demand for advanced materials in high-tech applications and the expansion of the electronics and aerospace sectors.
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The Aerospace Materials Market is expected to reach USD 73.7 billion by 2030, growing at a CAGR of 8.2%. This growth is driven by advancements in aerospace technology, the demand for lightweight materials, and sustainability trends in the aviation industry.

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Aluminum Alloys Market Set for Surge Owing to Automotive Lightweighting

Aluminum alloys encompass a diverse range of aluminum-based materials blended with elements such as copper, magnesium, silicon, and zinc to enhance strength, corrosion resistance, and formability. These alloys are widely used in automotive body panels, aerospace components, construction facades, packaging foils, and electrical conductors, owing to their superior strength-to-weight ratio and excellent recyclability. The ongoing shift toward electric vehicles and stringent fuel efficiency regulations are driving automakers to adopt high-performance aluminum alloys for chassis components, wheels, and heat exchangers, thereby reducing overall vehicle weight and improving energy efficiency.

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