Dec 21, 2017   SOURCE: BusinessWire

Silicone Adhesives Market 2017-2023 by Type (One-Component, Two-Component), Technology (PSA, Non-PSA) End-Use Industry (Building & Construction, Transportation, Medical, Electrical & Electronics) - Research and Markets

The "Silicone Adhesives Market by Type (One-Component, Two-Component), Technology (PSA, Non-PSA) End-Use Industry (Building & Construction, Transportation, Medical, Electrical & Electronics), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The market size of silicone adhesives was estimated at USD 2.18 billion in 2017 and is projected to reach USD 2.95 billion by 2022, at a CAGR of 6.24% from 2017 to 2022.

Two-component is the fastest-growing type segment of silicone adhesives because of its high flexibility and strong adhesion to wide range substrates. These adhesives cure rapidly at room temperature, generally forming a skin within minutes while becoming tack-free within few minutes to hours and getting fully cured within 24 hours.

Silicone adhesives are used in various end-use industries such as transportation, building & construction, medical, electrical & electronics, and others. However, by 2022, medical is forecast to be the most dominant end-use industry, driven by the rising incidences of wound infections and the increasing awareness regarding the advanced technologies in the market. Government initiatives in the form of grants & funds and technological advancements in medical procedures are leading to new and innovative products being launched.

In 2016, Asia Pacific accounted for the largest market share, in terms of both volume and value. It is projected to register the highest CAGR of 7.40% between 2017 and 2022, in terms of value. The Asia Pacific silicone adhesives market is driven by the high economic growth and heavy investments in industries such as transportation, building & construction, and manufacturing. Growing industrialization, increasing middle-class population, increasing infrastructure development, and rise in purchasing power of consumers have led to the growth in the manufacturing of silicone adhesives in the region.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Silicone Adhesives Market, By Technology

7 Silicone Adhesives Market, By Type

8 Silicone Adhesives Market, By End-Use Industry

9 Silicone Adhesives Market, By Region

10 Competitive Landscape

11 Company Profiles

  • 3M
  • ACC Silicone Ltd.
  • Adhesives Research, Inc.
  • Avery Dennison
  • Benson Polymers
  • Bluestar Silicones (Acquired By Elkem)
  • Delo Industrial Adhesives LLC
  • DOW Corning
  • Dymax Corporation
  • H.B. Fuller
  • Henkel
  • Hernon Manufacturing, Inc.
  • Illinois Tool Works (ITW)
  • KCC Silicone
  • Masterbond
  • Momentive Performance Materials
  • Panacol-Elosol GmbH
  • Permabond LLC
  • Quantum Silicones
  • Shin-Etsu
  • Sika
  • Threebond Holdings Co., Ltd.
  • Wacker Chemie

For more information about this report visit https://www.researchandmarkets.com/research/vb58kp/silicone?w=4