High Performance Adhesives Market|Industry Trends|Market Insights|Market Forecast to 2026
The Global High-Performance Adhesives Market size was worth USD YY million in 2018 and is estimated to reach USD YY million by 2026, at a CAGR of YY% during the forecast period.
(EMAILWIRE.COM, October 22, 2019 ) Market Overview:
High-performance adhesives products are used in a variety of markets including aerospace and defense, automotive, recreational vehicle, bus, truck and trailer, rail, marine, insulated glass, solar, wind, assembly, electrical, electronics, filter, printing, packaging, laminating, roofing and flooring. It has become a key technology element of various applications especially in transportation due to the constantly replacing traditional bonding or adhesion methods.
Market Dynamics:
Rising demand for miniaturization and automation in electronics industry and increase in demand for high performance adhesives are the major driving factors for the market growth. High performance adhesives are broadly used in electronics industry, construction sector and in automobiles manufacturing. 53,550,000 vehicles were produced approximately in 2017 from Asia Pacific region which is more than 50% automotive production in the world.
However, Instability in raw material prices and stringent environmental regulations are the key factors hindering the growth of the market.
Download free Report Sample: https://www.datamintelligence.com/download-sample/high-performance-adhesives-market
Market Segmentation:
Based on the end user, the market is classified into construction, transportation, packaging, electronics & electrical, medical and others. Others is again divided into leather & footwear and signage & graphics. The transportation segment is expected to garb the major market share in the forecast period. The Transportation segment is quite extensive and includes thousands of applications in such areas as aircraft & aerospace, automotive module sealing using liquid gasket sealants, exterior vehicle trim, interior vehicle trim, marine, powertrain and under-the-hood components, rail and vehicle assembly.
By technology, the high performance adhesives market is segmented into water based, solvent based and hot melt.
By type, the high performance adhesives market is segmented into polyurethane, silicone, epoxy, acrylic and others.
Geographical Analysis:
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
In Asia, rising automobile production combined with an improved reception of advanced materials is the major driving factor for the market growth. For instance, The Indian auto industry became the 4th largest in the world with sales increasing 9.5 % year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest manufacturer of commercial vehicles in 2018.
Foundational of commercial aircraft assembly plants in Asia Pacific is the other key driving factor for the growth of high performance adhesives market. For instance, in 2017 US aircraft giant Boeing has set up its first overseas factory in eastern China aiming delivering 100 Boeing 737 planes a year.
Competitive Analysis:
Some of the major players include 3M, Sika Corp, Royal Adhesives & Sealants, LLC, Delo Industrial Adhesives, LLC, Parson Adhesives, Inc., Loxeal Engineering Adhesives, Huntsman International LLC., Lord Corporation, Mapei Corporation, Master Bond Inc., Dymax Corporation and Hernon Manufacturing Inc.
View Full Report Sample: https://www.datamintelligence.com/research-report/high-performance-adhesives-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
High-performance adhesives products are used in a variety of markets including aerospace and defense, automotive, recreational vehicle, bus, truck and trailer, rail, marine, insulated glass, solar, wind, assembly, electrical, electronics, filter, printing, packaging, laminating, roofing and flooring. It has become a key technology element of various applications especially in transportation due to the constantly replacing traditional bonding or adhesion methods.
Market Dynamics:
Rising demand for miniaturization and automation in electronics industry and increase in demand for high performance adhesives are the major driving factors for the market growth. High performance adhesives are broadly used in electronics industry, construction sector and in automobiles manufacturing. 53,550,000 vehicles were produced approximately in 2017 from Asia Pacific region which is more than 50% automotive production in the world.
However, Instability in raw material prices and stringent environmental regulations are the key factors hindering the growth of the market.
Download free Report Sample: https://www.datamintelligence.com/download-sample/high-performance-adhesives-market
Market Segmentation:
Based on the end user, the market is classified into construction, transportation, packaging, electronics & electrical, medical and others. Others is again divided into leather & footwear and signage & graphics. The transportation segment is expected to garb the major market share in the forecast period. The Transportation segment is quite extensive and includes thousands of applications in such areas as aircraft & aerospace, automotive module sealing using liquid gasket sealants, exterior vehicle trim, interior vehicle trim, marine, powertrain and under-the-hood components, rail and vehicle assembly.
By technology, the high performance adhesives market is segmented into water based, solvent based and hot melt.
By type, the high performance adhesives market is segmented into polyurethane, silicone, epoxy, acrylic and others.
Geographical Analysis:
Geographically, the market is divided into North America, Europe, South America, Asia-Pacific and the Middle East and Africa.
In Asia, rising automobile production combined with an improved reception of advanced materials is the major driving factor for the market growth. For instance, The Indian auto industry became the 4th largest in the world with sales increasing 9.5 % year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest manufacturer of commercial vehicles in 2018.
Foundational of commercial aircraft assembly plants in Asia Pacific is the other key driving factor for the growth of high performance adhesives market. For instance, in 2017 US aircraft giant Boeing has set up its first overseas factory in eastern China aiming delivering 100 Boeing 737 planes a year.
Competitive Analysis:
Some of the major players include 3M, Sika Corp, Royal Adhesives & Sealants, LLC, Delo Industrial Adhesives, LLC, Parson Adhesives, Inc., Loxeal Engineering Adhesives, Huntsman International LLC., Lord Corporation, Mapei Corporation, Master Bond Inc., Dymax Corporation and Hernon Manufacturing Inc.
View Full Report Sample: https://www.datamintelligence.com/research-report/high-performance-adhesives-market
About Us:
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: pr@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results