Global High Temperature Adhesive Market, By Adhesive Resin Type (Epoxy, Silicone, Polyurethane, Acrylic and Other Resin Types), Sealant Product Type (Silicone, Polyurethane, Acrylic, Polyvinyl Acetate and Other Product Types), End-User Industry (Electrical and Electronics, Building and Construction, Automotive, Medical Devices and Instruments, Aerospace and Defense and Other End-User Industries), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Data Bridge Market Research analyses that the high temperature adhesive market will witness a CAGR of 4.65% for the forecast period of 2022-2029. Growth in the demand for high temperature adhesive especially in the developing economies like India and China, growing use of high temperature adhesive for a wide range of end user applications such as electrical and electronics, automotive, medical devices and instruments, aerospace and defense and other end user applications, increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the high temperature adhesive market.
High temperature adhesives are used for a wide range of industrial verticals as they are resistant to high temperatures and exhibit great tensile and bonding strength. High temperature adhesives can further bond with plastics, metals, rubbers, and others.
Rise in demand for high temperature adhesive by the buildings and construction industry in developed and developing economies is the root cause fuelling up the market growth rate. Rising application areas for high temperature adhesive such as in the medical devices and instruments and growth and expansion of various end user industries especially in the developing economies will also directly and positively impact the growth rate of the market. Rising demand from the thermoforming and lamination sector, increasing penetration of consumer electronics, rising expenditure for research and development proficiencies by the major companies, and growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.
However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High costs associated with research and development proficiencies, large scale availability of substitutes in the market and strict global trade restrictions will dampen the market growth rate.
This high temperature adhesive market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on high temperature adhesive market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global High Temperature Adhesive Market Scope and Market Size
The high temperature adhesive market is segmented on the basis of adhesive resin type, sealant product type and end-user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of adhesive resin type, the high temperature adhesive market is segmented into epoxy, silicone, polyurethane, acrylic and other resin types.
- Based on sealant product type, the high temperature adhesive market is segmented into silicone, polyurethane, acrylic, polyvinyl acetate and other product types.
- The high temperature adhesive market is also segmented on the basis of end-user industry into electrical and electronics, building and construction, automotive, medical devices and instruments, aerospace and defense and other end-user industries.
High Temperature Adhesive Market Country Level Analysis
The high temperature adhesive market is analysed and market size, volume information is provided by country, adhesive resin type, sealant product type and end-user industry as referenced above.
The countries covered in the high temperature adhesive market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the high temperature adhesive market owing to the increase in the research and development activities and rising demand for high temperature sealants due to the rise in electronics and automotive industries base. Asia-Pacific will continue to undergo substantial gains during the forecast period owing to the high economic growth in the emerging countries, surging urbanization and industrialization, growing industrialization, and abundant availability of raw materials.
The country section of the high temperature adhesive market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and High Temperature Adhesive Market Share Analysis
The high temperature adhesive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to high temperature adhesive market.
Some of the major players operating in the high temperature adhesive market report are Dow, 3M, Henkel Adhesives Technologies India Private Limited, Permabond LLC, AREMC., Cotronics Corp, Cyberbond L.L.C., THREEBOND INTERNATIONAL, INC, Bostik, AVERY DENNISON CORPORATION., NYATEX, Pon Pure Chemicals Group, Daubert Chemical Company, PPG Industries, Inc., Master Bond Inc., BASF SE, DuPont., Covestro AG, Huntsman International LLC. and Saint-Gobain Group among others.