The automotive industry continues to be a hotbed of patent innovation. Activity in curable epoxy adhesives is driven by performance enhancement, versatility, sustainability, durability, and smart adhesives, and growing importance of technologies such as epoxy resin formulation, additives, modifiers, structural adhesive film technology. In the last three years alone, there have been over 1.7 million patents filed and granted in the automotive industry, according to GlobalData’s report on Advanced materials in automotive: curable epoxy adhesives. Buy the report here.
According to GlobalData’s Technology Foresights, which uses over one million patents to analyze innovation intensity for the automotive industry, there are 300+ innovation areas that will shape the future of the industry.
Curable epoxy adhesives is a key innovation area in advanced materials
Curable epoxy adhesives are products used to bond two surfaces together by crosslinking the resin with a hardener creating a tough, durable, and heat-resistant connection. These adhesives can be cured at room temperature, but the process can be accelerated with heat or UV light.
GlobalData’s analysis also uncovers the companies at the forefront of each innovation area and assesses the potential reach and impact of their patenting activity across different applications and geographies. According to GlobalData, there are 30+ companies, spanning technology vendors, established automotive companies, and up-and-coming start-ups engaged in the development and application of curable epoxy adhesives.
Key players in curable epoxy adhesives – a disruptive innovation in the automotive industry
‘Application diversity’ measures the number of applications identified for each patent. It broadly splits companies into either ‘niche’ or ‘diversified’ innovators.
‘Geographic reach’ refers to the number of countries each patent is registered in. It reflects the breadth of geographic application intended, ranging from ‘global’ to ‘local’.
Patent volumes related to curable epoxy adhesives
Source: GlobalData Patent Analytics
LG is one of the leading patent filers in curable epoxy adhesives. The company has developed innovative epoxy resin formulations that exhibit superior bonding strength, durability, and resistance to environmental factors. The formulations can be tailored to meet specific industry or application requirements. LG has invested in the development of environmentally friendly epoxy adhesives with reduced volatile organic compound (VOC) content or bio-based raw materials, to comply with stricter environmental regulations. Some other key patent filers in the space include Furukawa and 3M.
In terms of application diversity, Resonac leads the pack, while SAES Getters and Sika stood in the second and third positions, respectively. By means of geographic reach, LG held the top position, followed by Sekisui Chemical and Henkel.
To further understand the key themes and technologies disrupting the automotive industry, access GlobalData’s latest thematic research report on Automotive.