Press release
U.S. Silicone Adhesives Market to Hit $3.4 Billion by 2031 - Key Trends & Growth Drivers | 3M, American Sealants Inc., Dow Corning Corporation, Huntsman Corporation
The U.S. Silicone Adhesives Market reached US$ 1.9 billion in 2023 and is expected to reach US$ 3.4 billion by 2031, growing with a CAGR of 7.5% during the forecast period 2024-2031.US Silicone Adhesives Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Silicone adhesives in the U.S. are versatile, high-performance bonding solutions known for their flexibility, heat resistance, and durability. Used in automotive, electronics, medical, and construction industries, they provide strong adhesion to various surfaces while withstanding extreme temperatures and environmental conditions.
List of the Key Players in the US Silicone Adhesives Market:
3M, American Sealants Inc., Dow Corning Corporation, Huntsman Corporation, Avery Dennison Corporation, Momentive Performance Materials Inc., HB Fuller, Bostik Inc., Hexcel Corporation, and Heartland Adhesives.
Industry Development:
In October 2021, DAP launched four hybrid sealants combining silicone and polyurethane properties to strengthen its position in the silicone adhesives market.
In August 2021, Arkema agreed to acquire Ashland's Performance Adhesives division, a top U.S. manufacturer of high-performance industrial adhesives, aligning with its 2024 specialty materials strategy.
Growth Forecast Projected:
The Global US Silicone Adhesives Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global US Silicone Adhesives Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the US Silicone Adhesives Market:
By Product: Single component silicone adhesives, Two-component silicone adhesives
By Technology Type: Pressure Sensitive Adhesives, Non-Pressure Sensitive Adhesives
By Application: Automotive, Electrical and Electronics, Medical, Construction, Aerospace and Defense, Others
Regional Analysis for US Silicone Adhesives Market:
The regional analysis of the US Silicone Adhesives Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the US Silicone Adhesives market?
➠ Who are the leading manufacturers in the global US Silicone Adhesives industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global US Silicone Adhesives industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the US Silicone Adhesives market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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