Silicone Adhesives Market likely to witness an impressive CAGR of 8.2% by 2025, as estimated by Stratview Research

Stratview Research in its recent report has offered an overlook of the current Silicone Adhesives Market scenarios and has also estimated the Silicone Adhesives Market size to reach grow at CAGR of 8.2% by 2025. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period of 2020 – 2025, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

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Silicon Adhesives are adhesives that have silicon atoms along with oxygen atoms. These are water-resistant solutions with a number of properties such as stability, and also resistant to temperature and chemicals. These adhesives are also resistant to moisture and weathering.
Silicon Adhesives can be described through a number of terms such as RTV, thermoset, moisture-cured, radiation cured and pressure-sensitive. These are also known for their higher flexibility degree and are used in a number of industries such as transportation, electronics, construction, medical, and many others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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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.
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.
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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Highlights of the Report:
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.
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.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Silicone Adhesives Market analysis report discusses the following heads in great detail:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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This release was published on openPR.