Oct 15, 2020   SOURCE: BusinessWire

Insights on the High Temperature Adhesives and Sealants Industry to 2025 - Featuring 3M, Cotronics & EpoxySet Among Others - ResearchAndMarkets.com

The "High Temperature Adhesives and Sealants Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

The high temperature adhesives and sealants market is expected to register a CAGR of more than 6% during the forecast period.

One of the major factors driving the growth of the market studied is the increasing demand from various end-user industries. On the flip side, stringent environmental regulations regarding VOC emissions serves as one of the stumbling blocks in the growth of the market studied.

Companies Mentioned

  • 3M
  • AVERY DENNISON CORPORATION
  • Bostik, an Arkema company
  • Cotronics Corp.
  • Dow
  • EpoxySet, Inc.
  • Fireus
  • Flexible Ceramics, Inc.
  • FortaFix (Minkon Ltd)
  • H.B. Fuller Company
  • Permabond LLC
  • Permatex
  • PPG Industries, Inc.
  • tesa SE - A Beiersdorf Company
  • Wacker Chemie AG

Key Market Trends

Electrical and Electronics to Dominate the Market

  • The electrical and electronics industry is one of the key consumer of adhesives and sealants. The adhesives and sealants in electrical and electronics applications are subjected to high temperatures due to the continuous operation of gadgets and other equipment.
  • In electrical and electronics industry, high temperature adhesives and sealants are used as solder replacement, semi-conductor bonding, quick repairs, heat transfer, shielding, etc.
  • The global consumer expenditure on electronics has been registering a 5% increase over the past few years. Asia-Pacific is the largest manufacturer of consumer electronics, with the major producing countries being China, India, Japan, and South Korea, among other developing countries of the region.
  • According to Japan Electronics and Information Technology Industries Association (JEITA), the production in the global electronics and IT industry is driven largely by increasing demand for newer and faster electronic products, rapid pace of innovation, advancement of technology, and R&D activities in the electronics industry.
  • However, the industry faced a slowdown due to the outbreak of COVID-19. China, which is one of the largest manufacturers of electrical and electronic appliances, shut their factories temporarily to tackle the outbreak.

China to Dominate the Asia-Pacific Market

  • The Asia-Pacific region dominated the global market. It is also expected to witness the fastest growth owing to the growing demand from various end-user industries in the countries such as China, India, Japan, and South Korea, with China dominating the market.
  • China is the world's largest electronics production base and offers a tough competition to the existing upstream producers, such as South Korea, Singapore, and Taiwan. Electronic products, such as smartphones, OLED TVs, and tablets, among others, have the highest growth rates in the consumer electronics segment of the market, in terms of demand. With the increase in the disposable incomes of the middle-class population, the demand for electronic products is projected to increase steadily in the future, thereby, driving the market studied.
  • The electronics manufacturing industry is constantly expanding in China, as a result of the low cost of and increasing demand for electronics products. With the increase in the disposable incomes of the middle-class population, the demand for electronic products is projected to grow in the near future, thereby, driving the Chinese liquid crystalline polymer market.
  • The Chinese aerospace policy represents one of the most comprehensive attempts to enter the top levels of aerospace development and production. China is expected to be the world's largest single-country market for civil aircraft sales, over the next 20 years.
  • Under the plan, 'Made in China 2025', it is expected that China will supply over 10% home-made commercial aircraft to the domestic market by 2025. This is expected to propel the demand for long fiber thermoplastics during the forecast period.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Increasing Demand from various End-user Industries

4.1.2 Other Drivers

4.2 Restraints

4.2.1 Stringent Environmental Regulations Regarding VOC Emissions

4.2.2 Impact of COVID-19 Pandemic

4.3 Industry Value-chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Adhesive Resin Type

5.1.1 Epoxy

5.1.2 Silicone

5.1.3 Polyurethane

5.1.4 Acrylic

5.1.5 Other Resin Types

5.2 Sealant Product Type

5.2.1 Silicone

5.2.2 Polyurethane

5.2.3 Acrylic

5.2.4 Polyvinyl Acetate

5.2.5 Other Product Types

5.3 End-user Industry

5.3.1 Electrical and Electronics

5.3.2 Building and Construction

5.3.3 Automotive

5.3.4 Medical Devices and Instruments

5.3.5 Aerospace and Defense

5.3.6 Other End-user Industries

5.4 Geography

5.4.1 Asia-Pacific

5.4.2 North America

5.4.3 Europe

5.4.4 South America

5.4.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Mergers & Acquisitions, Joint Ventures, Collaborations and Agreements

6.2 Market Share/Ranking Analysis**

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Growing Popularity of Heat-resistant Products

7.2 Other Opportunities

For more information about this report visit https://www.researchandmarkets.com/r/ogdlfc