Press release
Two-component Silicone Adhesives Market 2020: the number of electric vehicles on road to reach 125 million by the end of 2030
While growth in the near-term assessment period is likely to be hampered amid the COVID-19 crisis, Fact.MR maintains a positive outlook for the market for 2020 to 2030.
To remain ‘ahead’ of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=5465
According to the report, rising use of silicone adhesives for structural metal bonding, exterior interior trim, and glass bonding is expected to help the market gain momentum in the near future.
Silicones also offer excellent adhesion to wrappings and films in vehicles. Their excellent properties of adhesion ensure that films and wrappings adhere tightly to substrates, allowing car owners to change the color of their vehicles as per their requirement.
Against this backdrop, Fact.MR has projected sales in the silicone adhesives market to accelerate. The automotive research agency J.D. Power recently discussed about resurgence in car sales post COVID-19 in the U.S.
Tesla already has reported a spike in orders for new car registrations in China. Volkswagen has announced a cash incentive of 2000 Yuan for new vehicles in China.
Browse Full Report on - https://www.factmr.com/report/5465/silicone-adhesives-market
With operations in the automotive sector gradually reviving, sales of silicone adhesives in the industry are likely to pick up.
Key Takeaways from Silicone Adhesives Market Study
Demand for one-component adhesives is expected to surge considerably over the forecast period.
Medical grade silicone adhesives sales will continue surging over the assessment period. Demand in the automotive sector is forecast to rise over the coming years.
Pressure sensitive adhesives will gain traction in the electrical and electronics industry.
East Asia will exhibit high demand. Demand in the automotive sector will rise as sales recover in China.
“Demand for silicone adhesives is expected to rise in the aerospace, construction, and automotive sectors. Their rising use in manufacturing processes will continue aiding expansion of the market through the forecast period.
While sales have been disrupted due to slowdown in the aerospace and automotive sectors amid COVID-19, the market is likely to recover from 2021 onwards,” said a lead analyst at Fact MR.
Innovations Remain Crucial to Growth
From cellars to roofs, silicone adhesives are used for a plethora of applications by craftsmen and contractors around the world. Despite their applications, not all grades of silicone are harmless to health.
For instance, oxime silicones based on methyl ethyl ketoxime (MEKO) are considered carcinogenic.
Stringent regulations implemented across the globe are restricting application of such silicones, especially in the medical and healthcare sectors.
Connect To An Expert - https://www.factmr.com/connectus/sample?flag=AE&rep_id=5465
To address this challenge, some of the leading names in the silicone adhesives market have launched innovative offerings. For instance, Henkel launched Pattex FUSIONXLT,
which is an innovative and oxime-free technology. The company is touting it as an all-in-one solution, covering both, interior and exterior applications.
Who is Winning?
Competition within the silicone adhesives market is likely to get fiercer over the coming years. In order to gain a competitive advantage, some of the leading names in the market are taking positive steps towards ensuring sustainability.
For instance
In 2019, Jowat launched Jowatherm® GROW, which is a bio-based hotmelt adhesive. According to the manufacturer, these adhesives are made from renewable materials.
Likewise, H.B. Fuller added Advantra Warrior™ to its Advantra® line. The manufacturer has promoted it as a versatile product suitable for various environments in case and carton sealing applications.
Some of the other leading companies operating in the silicone adhesives market are Momentive Performance Materials, Sika AG, and Wacker Chemie AG, among others.
More Valuable Insights on Silicone Adhesives Market
In its latest report, Fact.MR has provided a detailed analysis on the global silicone adhesives market, comprising data on historical statistics (2015-2019) and forecast of demand for the period between 2020 and 2030.
The report discusses critical insights on the silicone adhesives market in terms of type (one-component, two-component), technology (PSA and Non-PSA), end user (construction, automotive &
For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=5465
transportation, medical, electrical and electronics), across key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa).
About the Chemical Division at Fact.MR
Expert analysis, actionable insights, and strategic recommendations of the highly seasoned chemical team at Fact.MR helps clients from across the globe with their unique business intelligence needs.
With a repertoire of over a thousand reports and 1 million-plus data points, the team has analyzed the chemical industry across 50+ countries for over a decade.
The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Two-component Silicone Adhesives Market 2020: the number of electric vehicles on road to reach 125 million by the end of 2030 here
News-ID: 2271441 • Views: …
More Releases from Fact.MR
Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi …
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiency…
Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% …
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complex…
Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex …
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The rise…
Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: …
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into the…
More Releases for Silicone
Revolutionizing Industries: Tenchy Silicone Introduces Cutting-Edge Silicone Tub …
Shenzhen Tenchy Silicone And Rubber Co., Ltd, a renowned leader in silicone products manufacturing, proudly announces the launch of its advanced silicone tubing solutions. Designed to meet the diverse needs of industries such as medical, automotive, and food and beverage, these innovative products represent a significant step forward in silicone technology.
In a world where reliability, performance, and versatility are paramount, silicone tubing stands out as a material of choice for…
Five common properties of silicone and the primary Types of Silicone
Silicones are a versatile class of polymers that come in various forms, offering immense potential for customization to meet the precise needs of the medical and aerospace sectors. Their characteristics enable them to perform diverse functions, such as sealing, lubricating, and fulfilling a host of other tasks.
Silicone's versatility is attributed to its unique physical and mechanical properties, which make it a valuable material in various industries. This article will delve…
Tenchy Silicone: Quality Silicone Tube Supplier for Different Industries
Tenchy Silicone is proud to announce the opening of their new headquarters, which will provide a quality silicone tube supplier service to different industries and businesses. Their silicone tubes are made from FDA-approved materials and are temperature resistant up to 230 degrees Celsius. All products come with an assurance of quality from Tenchy Silicone's team of experienced engineers and technicians who ensure that each product meets customer needs and specifications.…
Tenchy Silicone introducing new silicone foam strip
Tenchy Silicone, the leading provider of high-quality silicone foam strip, is proud to announce their newest product. The Silicone Foam Strip features a combination of both closed-cell and open-cell foaming technologies which offers outstanding thermal insulation and water resistance properties as well as superior airtight performance. It also provides excellent cushioning for equipment, machinery, components and instruments to ensure protection from dust, moisture, abrasion and shock. In addition to its…
Tenchy Silicone Announces Expansion on Silicone Tube Supplier Selection
Tenchy Silicone, a leading silicone tube supplier, is pleased to announce the expansion of its selection of products and services for customers. With over ten years of experience in the industry, the company has established a reputation for providing top-quality silicone tubes that meet customer needs and expectations. The new product line includes tubing from various manufacturers and offers a wide range of materials and sizes to accommodate every project.…
Tenchy Silicone Unveils their New Silicone Seal Gasket
Tenchy Silicone recently released a new silicone seal gasket designed to be used in a variety of industrial applications. It also provides excellent temperature insulation thanks to its ability to withstand temperatures up to 260 °C without any deformation or loss of strength, making it ideal for large-scale industrial projects. The silicone seal gasket is also unaffected by chemicals and ultraviolet light, making it suitable for numerous industries including automotive,…
