High Performance Adhesives Market to Reach US$15,498.6 Mn by 2026; Solvent-based Adhesives and Epoxy to Lead Market Growth From 2018-2026 - TMR

High Performance Adhesives Market to Reach US$15,498.6 Mn by 2026; Solvent-based Adhesives and Epoxy to Lead Market Growth From 2018-2026 - TMR

PR Newswire

ALBANY, New York, Feb. 21, 2019

ALBANY, New York, Feb. 21, 2019 /PRNewswire/ -- The global high performance adhesives market depicts the presence of a highly competitive landscape, reports Transparency Market Research. The market, thanks to a large number of players is a home to new innovations and product improvements. Some key players in the global high performance adhesives market are, 3M, Bostik, HB Fuller, Henkel AG, Pidilite, and Avery Dennison. Key players in the market are increasingly focused on bringing forth cost-effective and durable innovations. These are further expected to make the market's landscape even more competitive during the forecast period. 

Transparency Market Research Logo

The high performance adhesives market was valued at US$ 9,362 mn in 2017. The market is anticipated to grow at a healthy 5.9% CAGR during 2018-2026. The market is expected to reach US$15,498.6 mn by 2026.  

Request a Sample of Global High Performance Adhesives Market: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=46995

The solvent-based adhesives are expected to hold a majority share in the market share. Asia Pacific regional high performance adhesives market is expected to bag the largest share of the global market during 2018-2026. Increasing automobile sales and rising demand from the industry in the region is expected to fuel the growth of the high performance adhesives market.

The high-performance adhesives now offer unique qualities such as high elasticity, high tensile strength, high-weather resistance, high durability, low curing time, and improved moisture resistance. These quality offerings are driving the growth of the high performance adhesives market for critical and complex end-use applications. Additionally, the market also caters to a wide variety of industries.

Request For Multiple Chapters: https://www.transparencymarketresearch.com/sample/sample.php?flag=MC&rep_id=46995

Exceptional qualities of high performance adhesives and their growing reliability is expected to drive demand for the products in medical and aerospace industry. However, the growth of these adhesives faces a few hurdles as well. These adhesives are witnessing a gradual decrease in demand as it contains VOCs (Volatile Organic Compounds) which cause harmful effects to the environmental. Water-based adhesives can grow further during the forecast period as awareness about VOCs continues to rise.

For example, epoxy adhesives are known for their extreme heat-resistance. Hence, their application in various manufacturing end-user industries is expected to rise with very few close substitutes. Moreover, the substitutes for epoxy adhesives are also expected to present opportunities for acrylic adhesives to grow. Acrylic adhesives are highly compatible and are used widely by end-use industries. These include water-based adhesives with low VOCs. Hence, water-based and acrylic adhesives are expected to grow significantly in the high-performance adhesives market.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=46995

Growing Demand in the Auto Industry Presents a New Opportunity

The increasing automotive manufacturing is expected to drive growth for the high performance adhesives market globally. High performance adhesives reduce carbon emissions at a significant rate. Additionally, over 15 kg of high performance adhesives can be used in the production of a single vehicle. Growing emission related regulations, structural strength of these adhesives and their property to link together different surfaces effectively represents a major opportunity in the market during the forecast period.

Browse Press Release: https://www.transparencymarketresearch.com/pressrelease/high-performance-adhesives-market.htm

This information is encompassed in the new report by TMR, titled "High Performance Adhesives Market (Type - Epoxy, Silicone, Polyurethane, Acrylic; Formulation Technology - Solvent based, Water-based, Hot Melt, UV-curable; End use - Automotive, Electronics, Packaging, Medical, Construction, Aerospace, Others (Marine and Leather & Footwear) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026."            

For the study, the high performance adhesives market has been segmented as follows:

By Type

By Formulation Technology

Browse Chemical and Materials Market Research Reports

Popular Research Reports by TMR:

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
Research Blog: https://cmfenews.com/

Voltar noticias em Inglês