The High-performance Adhesives Market is projected to grow at a CAGR of 6.15% from 2017 to 2022. High-performance Adhesives Market report contains the top corporate profiles and strategies with industry analysis and trends. The High-performance Adhesives Market is growing and the experts have predicted the future stats of High-performance Adhesives.
The complete report of 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 is now available on www.rnrmarketresearch.com/high-per…rket-report.html
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. The growing demand for superior adhesives in critical and complex applications from end-use industries, such as transportation, medical and construction, is expected to fuel the growth of the high-performance adhesives market, while stringent regulations by regulatory bodies are expected to restrain the manufacturing of solvent-based high-performance adhesives globally.
For example, health organizations are regulating the use of chemical-based products in applications where human exposure to such chemicals can lead to serious health hazards.
The medical segment is expected to be the fastest-growing application segment of the high-performance adhesives market during the forecast period.
The increasing aging population and advancements in medical device manufacturing will continue to fuel the use of UV curable and cyan acrylic high-performance adhesives in medical devices, including IV delivery systems, catheters, syringes, hearing aids, and silicone rubber components, among others. Such developments and advancements are expected to propel the growth of the high-performance adhesives market.
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Break of primary participants in High-performance Adhesives Market was as mentioned below:
By Company Type: Tier 1 – 27%, Tier 2 – 46%, and Others – 27%
By Designation: C-level – 36%, Director-level – 28%, and Others – 36%
By Region: Asia-Pacific – 46%, Europe – 27%, North America – 18%, South America-1%, and Middle East & Africa – 8%
Major players of High-performance Adhesives Market Report are:
Key companies profiled in this market research report 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), among others.
FAQ’s regarding the High-performance Adhesives Market Report are:
What is Market Penetration of High-performance Adhesives?
Comprehensive information on the product portfolios of the top players in the High-performance Adhesives market
What is Product Development/Innovation of High-performance Adhesives?
Detailed insights on the upcoming technologies, R&D activities, and product launches in the High-performance Adhesives market
What is Competitive Assessment of High-performance Adhesives?
In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the High-performance Adhesives market
What is Market Development of High-performance Adhesives?
Comprehensive information about emerging markets. This report analyzes the market for various High-performance Adhesives products across geographies
What is Market Diversification of High-performance Adhesives?
Exhaustive information about new products, untapped geographies, recent developments, and investments in the High-performance Adhesives market
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The market is segmented on the basis of type, application, and region. This report covers the High-performance Adhesives market, in terms of volume and value, and forecasts its market size till 2022.
The report also provides company profiles and competitive strategies adopted by the key players in the High-performance Adhesives market. The report offers detailed information on major factors such as drivers, restraints, opportunities, industry-specific challenges, and winning imperatives influencing the growth of the market.
The High-performance Adhesives market in APAC is expected to grow at the highest CAGR during the forecast period owing to the increasing investment in the semiconductor industry and higher consumption rate of consumer electronics in the region. The telecom and automotive verticals are also playing a significant role in the growth of the High-performance Adhesives market in the region.
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