Global silicone adhesives market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing use of silicone adhesives across various industries like building & construction, transportation, medical, and others. Growing use of silicone adhesives for medical use, owing to rising incidences of wound infections is expected to propel the market growth. Additionally, emergence of low-cost advanced silicone technologies and rise in demand for high-performance materials that could result in the prevention of component failure are some of the factors fuelling the market growth during the forecast period. Besides, technological advancements and rise in the number of new product launches are anticipated to create lucrative opportunities for the market players to drive the growth of silicone adhesives market in the coming years. Moreover, growing commercial importance of silicone sealants and adhesives to accommodate various market needs is anticipated to boost the market growth.
The global silicone adhesives market is segmented on the basis of type, technology, and region. Based on type, the market has been categorised into one-component and two-component segments. In 2021, the one-component segment dominated the market and is expected to maintain its dominance over the next five years as well owing to high flexibility and strong adhesion properties and its various applications in building & construction and transportation industries. Moreover, these adhesives are used in various end-use industries like transportation, medical, electrical & electronics and building & construction among others. APAC region dominated the market in 2021 and is the fastest growing market due to diverse end-use industries and growing demand from emerging countries like China, Japan and India.
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Some of the leading players in the global silicone adhesives market are Wacker Chemie, DOW Corning, Momentive Performance Materials, 3M, Illinois Tool Works (ITW), H.B. Fuller, Shin-Etsu, Dymax Corporation, Henkel, Sika, Avery Dennison, etc.
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Attribute
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Details
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units, CAGR for
2017-2021 and 2022-2027
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Report coverage
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Revenue Forecast, Volume Forecast, Company
Share, Competitive Landscape, Growth Factors, And Trends
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Segments covered
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By Type
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By End-Use Industry
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Region scope
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Asia Pacific; Europe & CIS; North
America; South America; Middle East & Africa
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Country scope
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China, India, Japan, South Korea, Australia, Singapore,
Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico,
Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar
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Key companies profiled
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Wacker Chemie, DOW Corning, Momentive
Performance Materials, 3M, Illinois Tool Works (ITW), H.B. Fuller, Shin-Etsu,
Dymax Corporation, Henkel, Sika, Avery Dennison
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Customization scope
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10% free report customization with purchase.
Addition or alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to
meet your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the
editable version of the report in PPT/Word format on special request)
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