Industrial, Manufacturing & Heavy Industry Market News

High-performance adhesives market worth 13.17 billion USD by 2022 according to new research report

High-performance adhesives market worth 13.17 billion USD by 2022 according to new research report

[135 Pages Report] High-performance Adhesives Market research report categorizes the global market by Type (Epoxy, Polyurethane, Acrylic, Silicone), End-use Industry (Transportation, Packaging, Electronics, Construction, Medical), Technology (Solvent-based, Water-based, Hot-melt) and Region

- Advertising -

The report "High-performance Adhesives Market by Type (Epoxy, Polyurethane, Acrylic, Silicone), End-use Industry (Transportation, Packaging, Electronics, Construction, Medical), Technology (Solvent-based, Water-based, Hot-melt) and Region - Global Forecast to 2022", The high-performance adhesives market is projected to grow from USD 9.77 Billion in 2017 to USD 13.17 Billion by 2022, at a CAGR of 6.15% between 2017 and 2022.

Browse 83 Market Data Tables and 39 Figures spread through 135 Pages and in-depth TOC on "High-performance Adhesives Market by Type (Epoxy, Polyurethane, Acrylic, Silicone), End-use Industry (Transportation, Packaging, Electronics, Construction, Medical), Technology (Solvent-based, Water-based, Hot-melt) and Region - Global Forecast to 2022"

www.marketsandmarkets.com/Market-R…ket-93532518.html

Technological advancements are expected to fuel the demand for high-performance adhesives in mature markets such as North America and Europe. Properties such as less cure time, increased temperature resistance, better adhesion to a variety of substrates, improved resistance to chemicals and various other innovations in high-performance adhesive products are expected to drive the growth of the market in the near future.

- Advertising -

The high-performance adhesives market is shifting from traditional solvent-based adhesives to high-performance products such as reactive and hot-melt high-performance adhesives, driven by the requirement of superior performance from various end-use industries.

Based on end-use industry, transportation is projected to lead the high-performance adhesives market during the forecast period.

Transportation was the largest application segment of the high-performance adhesives market in 2016. High-performance adhesives are used extensively in the transportation end-use industry as they can easily bond dissimilar substrates to improve performance and develop lightweight designs using multi-materials.

There is an increasing focus on developing lightweight components to reduce emissions, increase efficiency, and improve aesthetic appeal. The automotive, marine, and aerospace sectors are considered in the transportation end-use industry.

Other end-use industries of high-performance adhesives include the construction, consumer, and medical industries, among others.

Download PDF Brochure: www.marketsandmarkets.com/pdfdownload.asp?id=93532518

Based on formulation technology, the solvent-based adhesives segment is projected to lead the high-performance adhesives market during the forecast period.

The solvent-based adhesives segment was the largest formulation technology segment of the high-performance adhesives market in 2016, in terms of both value and volume. Solvent-based is the most broadly-used technology in the formulation of adhesives as these adhesives possess unique characteristics, such as temperature, humidity, and discoloration resistance.

Asia Pacific is expected to lead the high-performance adhesives market during the forecast period.

Asia Pacific is expected to be the largest high-performance adhesives market during the forecast period. The increasing population, along with the high demand from the transportation and medical end-use industries, is expected to fuel the growth of the Asia-Pacific high-performance adhesives market.

Countries such as China, Japan, and India are expected to be the major markets for high-performance adhesives in Asia Pacific, with China estimated to be the largest market in terms of consumption.

Report: www.marketsandmarkets.com/requests…e.asp?id=93532518

Key companies operational in the market include Henkel (Germany), 3M (U.S.), Bostik (France), H.B. Fuller (U.S.), Illinois Tool Works (U.S.), Avery Dennison (U.S.), Sika (Switzerland), and Pidilite Industries (India).

News From

MarketsandMarkets™ - Business ResearchMarketsandMarkets™
Category: Market Research Publishers and RetailersCompany profile: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...