MARKET INTRODUCTION
Silicone adhesives are a range of adhesive products which are capable of maintaining the adhesive bond between two substrates even at extreme temperature ranges of -60 ?F to 400 ?F. They offer unparalleled flexibility and superior heat resistance, making them suitable in a wide range of applications, including building and construction, automotive, aerospace, electronics and semiconductor, and others. Silicone adhesives are commercially available in a number of varieties, including one component system, two-component system, UV light, and pressure-sensitive silicone adhesives, and UV and EB radiation curing silicone adhesives.
MARKET DYNAMICS
The rising demand for adhesives, which can avert component failures and minimize costly warranty repairs in the automotive sector, has led to a surge in demand for high performance silicone adhesives. Silicone adhesives are exceedingly used in the automotive field in structural fiber-reinforced plastic bonding, glass bonding, structural metal bonding, interior trims, and exterior trims. The growing importance of silicone adhesives in the field of automobiles is anticipated to drive the silicone adhesives market. The spurt in the applications of UV curing technology in the manufacturing sector to promote production speed is anticipated to augment the demand for silicone adhesives in the forecast period. Furthermore, the burgeoning demand for silicone adhesives in the construction sector over sealants, including acrylic, polysulfide, and polyurethane, is projected to further fuel the demand for silicone adhesives. However, the restriction on the emissions of VOC compounds placed by governments and environmental regulatory bodies across the world are likely to hinder the growth of the silicone adhesives to some extent.
MARKET SCOPE
The "Global Silicone Adhesives Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the silicone adhesives market with detailed market segmentation by technology, type, end-use industry, and geography. The global silicone adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading silicone adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global silicone adhesives market is segmented on the basis of technology, type, and end-use industry. On the basis of technology, the silicone adhesives market is segmented into, PSA and non-PSA. On the basis of type, the market is bifurcated into, one-component and two-component. Based on end-use industry, the global silicone adhesives market is segmented into, building & construction, transportation, medical, electrical & electronics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global silicone adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The silicone adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the silicone adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the silicone adhesives market in these regions.
MARKET PLAYERS
The reports cover key developments in the silicone adhesives market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from silicone adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for silicone adhesives in the global market. Below mentioned is the list of few companies engaged in the silicone adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the silicone adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M Company
- Delo Industrial Adhesives LLC
- H.B. Fuller Company
- Henkel AG & Company, KGaA
- Illinois Tool Works Inc.
- Momentive Performance Materials
- Permabond LLC
- Shin-Etsu Chemical Co., Ltd.
- Sika AG
- Wacker Chemie AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.