Hybrid Adhesive and Sealant - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Hybrid Adhesive and Sealant Market is accounted for $5.89 billion in 2019 and is expected to reach $13.19 billion by 2027 growing at a CAGR of 10.6% during the forecast period. Unavailability of new polymeric materials and rising use of high endurance and eco-friendly adhesives for constructional activities are driving the market growth. However, increasing raw material prices and cost of the final products are restraining the market growth.
Hybrid adhesive & sealant is the superior class of adhesives and sealants exhibiting high-performance qualities than their parent components. Hybrid adhesives and sealants provide various advantages, such as easy and clean application, long-lasting joints, strong and secure adhesion with less substrate and low odour, among others.
Based on the resin, the epoxy-cyanoacrylate segment is going to have a lucrative growth during the forecast period as this resin provides exceptional bond strength to many substrates and also fast fixturing, which reduces the assembly time and a robust cure, is quickly achieved even at low temperature. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to rising industrialization and constructional activities, increasing automotive production and growth in the manufacturing industry.
Some of the key players profiled in the Hybrid Adhesive and Sealant Market include Wacker Chemie AG, Tremco Illbruck GmbH & Co. Kg., Soudal, Permabond LLC., Lord Corporation, Kisling Ag, Illinois Tool Works Incorporation, Hermann Otto GmbH, Henkel AG & Co. KGaA, H.B. Fuller, Dymax Corporation, Bostik, Adhesives Technology Corporation, 3M Company, and Sika AG.
• Silyl-modified Polyurethanes (SPUR polymers)
• MS (Modified Silicone) Polymer Hybrid
• Military & Defense
• Industrial Assembly
• General Industry
• Electrical Appliances
• Building & Construction
• Automotive & Transportation
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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- Market share assessments for the regional and country-level segments
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- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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