High Performance Adhesives Market by Manufacturers, Regions, Type and Application, Forecast To 2027

 


The growing private and government spending in healthcare is the propellers of the Industry.
Market Size- 30.5 Billion by 2019, Market Growth- CAGR of 6.32%, Market Trends- Expansion in the Construction Industry

High Performance Adhesives Market is forecast to reach USD 40.5 Billion by 2027 by the CAGR of 6.32%, from the USD 30.5 in the year 2019. They offer excellent temperature, chemical, and wear resistance and are useful in constructions such as stoning, hardwood flooring, marble, concrete, slate, stone, cement-based products, masonry, fibreglass, lead, drywall and, ceramic. It is witnessing increased penetration in the transportation and automotive sector.

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Additional Key Findings from the report allude:

Ø  Acrylic Sector had the highest market share of 36.4% in 2019 in terms of volume because it possesses properties such as significant strength, strong environmental resistance, immediate tack and, bonding capacity for substrates.

Ø  The demand for this market is driven by its ability to provide adhesion to silicon and other difficult substrates.

Ø  Technological advancements are estimated to play a significant role in the market share during the forecast period. The rapid process of this market is being achieved by the additives, macromolecular chemicals and, raw materials

Ø  The water based technology sector held the second largest market share of about 34.4% in terms of revenue, this technology is used in packaging and construction industries.

Ø  Asia Pacific had the largest market share of more than 43.0% in 2019. This is because of the contribution of the industries such as transportation, construction and packaging. Economies such as Vietnam, Indonesia, China, and India are witnessing economic growth, and there is also rising demands for high performance adhesives market in this region.

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For the objective of this report, Reports and Data have segmented the High Performance Adhesives Market based on product, technology, application, and region:

Key Players - Henkel AG & Co. KGaA,3M Company,Bostik Sa,H.B. Fuller,Sika AG,Illinois Tool Works Inc.,Avery Dennison Corporation,Huntsman International LLC.,Pidilite Industries Limited,Toagosei.

Product Outlook (Revenue, USD Billion; 2017-2027)

Ø Acrylic

Ø Polyurethane

Ø Epoxy

Ø Silicone

Technology Outlook (Revenue, USD Billion; 2017-2027)

Ø  Water based

Ø  Solvent based

Ø  Hot melt

Ø  Reactive & others

Application Outlook (Revenue, USD Billion; 2017-2027)

Ø  Construction

Ø  Packaging

Ø  Transportation

Ø  Electrical & electronics

Ø  Medical

Regional Outlook (Revenue, USD Billion; 2017-2027)

Ø North America

·       U.S.

·       Canada

Ø Europe

·       Germany

·       U.K.

·       France

·       Benelux

·       Rest of Europe

Ø Asia Pacific

·       China

·       Japan

·       South Korea

·       Rest of APAC

Ø Latin America

·       Brazil

·       Rest of LATAM

Ø Middle East & Africa

·       Saudi Arabia

·       U.A.E.

·       Rest of MEA

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