Global Epoxy Silicone Adhesive Agents Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028
“Global Epoxy Silicone Adhesive Agents Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global epoxy silicone adhesive market report has been segmented on the basis of product, application, and region
Global Epoxy Silicone Adhesive Market: Overview
Adhesives and sealants are often considered together because they both adhere and seal; both must be resistant to their operating environments and their properties are highly dependent on how they are applied and processed. Adhesives and sealants both function basically by their property of adhesion. Adhesion is an attraction of two different substances resulting from intermolecular forces between the substances.
Epoxy adhesives are a great choice for many applications for their excellent adhesion, chemical and temperature resistance, as well as many other attributes. Silicone coupling agent (KH-550) can improve the shear strength of epoxy silicone adhesive effectively.
Global Epoxy Silicone Adhesive Market: Dynamics
Rinsing automotive sale in developing countries, increasing government expenditure on aerospace and defense sector, and rising demand from auto and airplane manufacturers for advanced adhesives that have high flexibility, as well as high heat resistance capacity are some major factors expected to drive the growth of the global market.
In addition, increasing trade activities across the globe, rising construction and reconstruction activities and growing demand by medical device manufacturers for adhesive material with advanced properties such as able to withstand high temperatures and are resistant to chemicals are some other factors expected to further support the growth of the global market.
However, the availability of alternatives is a major factor expected to hamper the growth of the global market. In addition, stringent government regulations related to product approval is another factor expected to further limit the growth of the market
Technological advancements by major players and innovative product offerings are expected to create potential revenue opportunities for players operating in the target market over the forecast period. In addition, strategic expansion activities through agreements are expected to further support the growth of the global market to a certain extent.
Global Epoxy Silicone Adhesive Market: Segment
Among the product segments, the PSA segment is expected to dominate the target market over the forecast period.
Among the application segments, the construction segment is expected to contribute significant revenue shares in the target market over the forecast period.
Global Epoxy Silicone Adhesive Market: Region
The market in North America is expected to dominate the global market and is expected to continue its dominance over the forecast period. This dominance can be attributed to increasing demand from the aerospace industry and the presence of major players operating in the countries in this region. In addition, increasing merger and acquisition activities between regional and international players in order to expand their product portfolio is expected to further support the growth of the target market in this region.
The market in the Asia Pacific is expected to witness faster growth, owing to increasing construction and reconstruction activities, high presence of automotive manufacturers, and high demand from automotive manufacturers. In addition, the presence of prominent player’s offerings innovative products is expected to further support the growth of the target market in emerging economies in this region.
Global Epoxy Silicone Adhesive Market Segmentation
Segmentation by product
Segmentation by applications
- Building & Construction
- Electrical & Electronics
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 3M Company
- B. Fuller Company
- Henkel AG & Co. KGaA
- Illinois Tool Works Inc.
- Sika AG
- Wacker Chemie AG
- Momentive Performance Materials Inc.
- Bostik SA
- Franklin International
- Avery Dennison Corporation
- DOW Corning Corp.
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