Press release
Adhesives & Sealants Market In-depth Insights by 2030 | Illinois Tool Works Inc., RPM International Inc.
Adhesives & Sealants Market for Manufacturing Industry: Introduction
In terms of value, the global adhesives & sealants market for manufacturing industry is expected to cross US$ 33.3 Bn by 2030, expanding at a CAGR of ~8% during the forecast period. The increase in the demand for adhesives & sealants in electronics and automotive sectors is a major factor driving the global adhesives & sealants market for manufacturing industry. Additionally, increasing demand for adhesives & sealants in electric vehicle is estimated to fuel the global market during the forecast period.
Get Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1431
Major Drivers of Adhesives & Sealants Market for Manufacturing Industry
The global adhesives & sealants market for manufacturing industry is primarily driven by the increase in usage of adhesives & sealants in electronic products, batteries, and appliances. Furthermore, the demand for adhesives & sealants has been rising across the globe, owing to its adoption in electric vehicles. Adhesives & sealants are utilized throughout the interior, exterior, and engine compartment of an aircraft. Acrylics, epoxies, cyanoacrylates are considered as aerospace adhesives. Adhesives are preferred in interiors, exteriors, and engine compartments of aircraft, due to their advantages over other types of adhesives. Adhesives carry higher weight loads and improve uniform distribution of stress and strain across joints. Adhesives also maintain integrity and strength of materials, as there is no hole, rivet, or fastening element to weaken the structure. These factors are projected to fuel the global demand for adhesives & sealants during the forecast period.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1431
Automotive Assembling to Witness High Adoption of Adhesives & Sealants
The automotive assembling segment accounted for a leading share of the adhesives & sealants market for manufacturing industry in 2019, led by the growth in the automotive industry. The automotive industry is focusing on the design of lightweight and fuel-efficient vehicles, which can reduce CO2 emissions significantly. Stringent regulations regarding CO2 emissions are being imposed worldwide. Adhesives & sealants play an important role in reducing CO2 emissions. They provide vehicles with structural strength. They possess the ability to bond various surfaces together. The use of adhesives makes the vehicle lighter, quieter, and safer compared to mechanical fastening methods such as welding, bolting, and soldering. Structural adhesives, such as epoxies, acrylic, and polyurethane, are known to distribute load evenly across a surface, resulting in better efficiency as compared to mechanical fastening, which generates local stress in parts joined. Currently, around 12 kilograms of adhesives is used in an average car. This amount is likely to increase over the next few years.
Get COVID-19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1431
UV Adhesive Type to Dominate Adhesives & Sealants Market for Manufacturing Industry
The UV adhesives accounted for a major share of the global adhesives market for manufacturing industry in 2019. UV adhesives are generally preferred, owing to their fast curing process when exposed to light of the appropriate wavelength and intensity. The polyurethane segment is expected to grow at a significant rate during the forecast period. Polyurethane adhesives provide extremely strong bonding. Even before the adhesive dries and seals completely, the initial bond is strong enough that clamps are unnecessary. The automotive industry generally uses polyurethane adhesives for vehicle interiors and to bond windshields.
View Complete Report @ https://www.transparencymarketresearch.com/adhesives-sealants-market.html
Silicone Sealant to be Preferred in Adhesives & Sealants Market for Manufacturing Industry
Silicone sealant type segment is estimated to dominate the global sealants market, followed by modified silane polymer. These segments are projected to grow at significant rate during the forecast period, due to the increasing demand from various end-use industries such as electronics & electrical and automotive industries. Sealant based on modified silane polymer combine the advantages of polyurethanes and silicones, and cancel all their disadvantages. Modified silane polymer sealants are the preferred option for sealing side panels of trailers and vehicles such as trucks, assembly parts, doors, and windows.
Asia Pacific Holds Prominent Share of Adhesives & Sealants Market for Manufacturing Industry
Asia Pacific is a highly lucrative region of the global adhesives & sealants market for manufacturing industry. China is likely to hold a major share of the market in the region during the forecast period. Wide industrial manufacturing base, high availability of raw materials, and broad consumer base are some of the key factors driving the demand for adhesives & sealants in China. North America is another major consumer of adhesives & sealants, due to the presence of a well-established electronic industry as well as adhesives & sealants manufacturing facilities in the region. Rise in production of industrial electronic and consumer electronic products is estimated to boost the demand for adhesives & sealants for manufacturing industry in the region in the near future. The adhesives & sealants market for manufacturing industry in Europe is anticipated to expand in the near future, owing to an increase in automotive sector in Germany, the U.K., Russia, and France.
Few Top Players Accounted for Major Market Share in 2019
The global adhesives & sealants market for manufacturing industry is consolidated. It is dominated by a few large-sized manufacturers. Companies operating in the global adhesives & sealants market for manufacturing industry are investing in R&D to produce advanced and bio-based products, and increasing the production capacities for adhesives & sealants. Major players operating in the global adhesives & sealants market for manufacturing industry include Henkel AG and Co. KGaA, Sika AG, Bostik SA, RPM International Inc., KCC Corporation, H.B. Fuller Company, The 3M Company, Illinois Tool Works Inc., Avery Dennison Corporation, Huntsman International LLC, Dow Inc., and Ashland.
Global Adhesives & Sealants Market for Manufacturing Industry: Segmentation
Adhesives Market for Manufacturing Industry, by Type
Acrylic
Epoxy
Poly Vinyl Acetate (PVA)
Polyurethane (PU)
Styrenic Block
Ethyl Vinyl Acetate (EVA)
UV Adhesive
Silicone
Others (including Cyanoacrylate and Hot-melt)
Sealants Market for Manufacturing Industry, by Type
Acrylic
Epoxy
Poly Vinyl Acetate (PVA)
Polyurethane (PU)
Modified silane polymer (MS)
Silicone
Others (Styrenic Block, Cyanoacrylate, etc.)
Adhesives & Sealants Market for Manufacturing Industry, by Application
Electronics & Electrical
Appliance Manufacturing
Aerospace Manufacturing
Battery Production
Automotive Assembling
Others (including Conformal Coatings and Wire Tracking)
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About Us:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision
Contact:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
In terms of value, the global adhesives & sealants market for manufacturing industry is expected to cross US$ 33.3 Bn by 2030, expanding at a CAGR of ~8% during the forecast period. The increase in the demand for adhesives & sealants in electronics and automotive sectors is a major factor driving the global adhesives & sealants market for manufacturing industry. Additionally, increasing demand for adhesives & sealants in electric vehicle is estimated to fuel the global market during the forecast period.
Get Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1431
Major Drivers of Adhesives & Sealants Market for Manufacturing Industry
The global adhesives & sealants market for manufacturing industry is primarily driven by the increase in usage of adhesives & sealants in electronic products, batteries, and appliances. Furthermore, the demand for adhesives & sealants has been rising across the globe, owing to its adoption in electric vehicles. Adhesives & sealants are utilized throughout the interior, exterior, and engine compartment of an aircraft. Acrylics, epoxies, cyanoacrylates are considered as aerospace adhesives. Adhesives are preferred in interiors, exteriors, and engine compartments of aircraft, due to their advantages over other types of adhesives. Adhesives carry higher weight loads and improve uniform distribution of stress and strain across joints. Adhesives also maintain integrity and strength of materials, as there is no hole, rivet, or fastening element to weaken the structure. These factors are projected to fuel the global demand for adhesives & sealants during the forecast period.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1431
Automotive Assembling to Witness High Adoption of Adhesives & Sealants
The automotive assembling segment accounted for a leading share of the adhesives & sealants market for manufacturing industry in 2019, led by the growth in the automotive industry. The automotive industry is focusing on the design of lightweight and fuel-efficient vehicles, which can reduce CO2 emissions significantly. Stringent regulations regarding CO2 emissions are being imposed worldwide. Adhesives & sealants play an important role in reducing CO2 emissions. They provide vehicles with structural strength. They possess the ability to bond various surfaces together. The use of adhesives makes the vehicle lighter, quieter, and safer compared to mechanical fastening methods such as welding, bolting, and soldering. Structural adhesives, such as epoxies, acrylic, and polyurethane, are known to distribute load evenly across a surface, resulting in better efficiency as compared to mechanical fastening, which generates local stress in parts joined. Currently, around 12 kilograms of adhesives is used in an average car. This amount is likely to increase over the next few years.
Get COVID-19 Analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1431
UV Adhesive Type to Dominate Adhesives & Sealants Market for Manufacturing Industry
The UV adhesives accounted for a major share of the global adhesives market for manufacturing industry in 2019. UV adhesives are generally preferred, owing to their fast curing process when exposed to light of the appropriate wavelength and intensity. The polyurethane segment is expected to grow at a significant rate during the forecast period. Polyurethane adhesives provide extremely strong bonding. Even before the adhesive dries and seals completely, the initial bond is strong enough that clamps are unnecessary. The automotive industry generally uses polyurethane adhesives for vehicle interiors and to bond windshields.
View Complete Report @ https://www.transparencymarketresearch.com/adhesives-sealants-market.html
Silicone Sealant to be Preferred in Adhesives & Sealants Market for Manufacturing Industry
Silicone sealant type segment is estimated to dominate the global sealants market, followed by modified silane polymer. These segments are projected to grow at significant rate during the forecast period, due to the increasing demand from various end-use industries such as electronics & electrical and automotive industries. Sealant based on modified silane polymer combine the advantages of polyurethanes and silicones, and cancel all their disadvantages. Modified silane polymer sealants are the preferred option for sealing side panels of trailers and vehicles such as trucks, assembly parts, doors, and windows.
Asia Pacific Holds Prominent Share of Adhesives & Sealants Market for Manufacturing Industry
Asia Pacific is a highly lucrative region of the global adhesives & sealants market for manufacturing industry. China is likely to hold a major share of the market in the region during the forecast period. Wide industrial manufacturing base, high availability of raw materials, and broad consumer base are some of the key factors driving the demand for adhesives & sealants in China. North America is another major consumer of adhesives & sealants, due to the presence of a well-established electronic industry as well as adhesives & sealants manufacturing facilities in the region. Rise in production of industrial electronic and consumer electronic products is estimated to boost the demand for adhesives & sealants for manufacturing industry in the region in the near future. The adhesives & sealants market for manufacturing industry in Europe is anticipated to expand in the near future, owing to an increase in automotive sector in Germany, the U.K., Russia, and France.
Few Top Players Accounted for Major Market Share in 2019
The global adhesives & sealants market for manufacturing industry is consolidated. It is dominated by a few large-sized manufacturers. Companies operating in the global adhesives & sealants market for manufacturing industry are investing in R&D to produce advanced and bio-based products, and increasing the production capacities for adhesives & sealants. Major players operating in the global adhesives & sealants market for manufacturing industry include Henkel AG and Co. KGaA, Sika AG, Bostik SA, RPM International Inc., KCC Corporation, H.B. Fuller Company, The 3M Company, Illinois Tool Works Inc., Avery Dennison Corporation, Huntsman International LLC, Dow Inc., and Ashland.
Global Adhesives & Sealants Market for Manufacturing Industry: Segmentation
Adhesives Market for Manufacturing Industry, by Type
Acrylic
Epoxy
Poly Vinyl Acetate (PVA)
Polyurethane (PU)
Styrenic Block
Ethyl Vinyl Acetate (EVA)
UV Adhesive
Silicone
Others (including Cyanoacrylate and Hot-melt)
Sealants Market for Manufacturing Industry, by Type
Acrylic
Epoxy
Poly Vinyl Acetate (PVA)
Polyurethane (PU)
Modified silane polymer (MS)
Silicone
Others (Styrenic Block, Cyanoacrylate, etc.)
Adhesives & Sealants Market for Manufacturing Industry, by Application
Electronics & Electrical
Appliance Manufacturing
Aerospace Manufacturing
Battery Production
Automotive Assembling
Others (including Conformal Coatings and Wire Tracking)
Explore More Reports:
Space Grade Connectors Market - https://www.prnewswire.com/news-releases/space-grade-connectors-market-attracts-profitable-prospects-with-rising-space-exploration-activities-globally-states-tmr-study-301562012.html
Vegetable-based Inks Market - https://www.globenewswire.com/news-release/2022/06/09/2459889/0/en/Vegetable-based-Inks-Market-Gain-a-Valuation-of-Over-US-14-Billion-by-2031-TMR-Study.html
Butyric Acid Derivatives Market - https://www.einpresswire.com/article/576700856/butyric-acid-derivatives-market-is-expected-to-cross-the-value-of-us-1-4-bn-by-the-end-of-2031
Smart Glass Market - https://www.transparencymarketresearch.com/smart-glass.html
Fly Ash Market - https://www.transparencymarketresearch.com/fly-ash-market.html
About Us:
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision
Contact:
Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
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