Silicone Adhesives Market to offer a healthy CAGR of 8.2% during 2020-25
February 17, 2020
Silicone Adhesives Market Overview:
Silicone adhesives market is likely to witness an impressive CAGR of 8.2% during the forecast period. Wide adoption of silicone adhesives especially from the Asia-Pacific region drives the market globally. The use of silicone adhesives in various end-use industries further strengthens the growth of the market.
Report Overview:
This new report from Stratview Research analyses the Silicone Adhesives Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Silicone Adhesives Market Segment Insights:
Type: one-component and two-component
Based on the type, the market is segmented as one-component and two-component. The one-component segment is estimated to lead the market in the coming five years. This growth is owing to the wide use of silicone adhesives in various end-use industries owing to their rich properties, such as high flexibility and superb adhesion properties to substrates.
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https://www.stratviewresearch.com/toc/595/silicone-adhesives-market.html
End-Use Industry Type: building & construction, transportation and others
Based on the end-use industry type, the market is segmented as building & construction, transportation, medical, electrical & electronics, and others. The medical end-use segment is expected to have the highest growth during the forecast period, in terms of both value and volume. This growth is attributed to the growing wound infections and progressions in advanced technologies in the market.
A highly/moderately/fragment consolidated Market
Some of the silicone adhesive manufacturers are The 3M Company, Wacker Chemie AG, DOW Corning Corporation, Henkel AG & Company, KGaA, H.B. Fuller Company, Illinois Tool Works (ITW), Avery Dennison Corporation, Delo Industrial Adhesives LLC, and Threebond Holdings Co., Ltd.
Region: Asia-Pacific is expected to dominate the silicone adhesives market
In terms of regions, Asia-Pacific is expected to dominate the silicone adhesives market in the coming five years, in terms of both value and volume. China and India are the growth engines of the region. The market is driven by the growing use of silicone adhesives by various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
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About Stratview Research
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