According to a new market report by Lucintel, the future of the hybrid adhesive and sealant market looks promising with opportunities in the building & construction, automotive & transportation, and industrial assembly markets. The hybrid adhesive and sealant market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are growing demand for hybrid adhesives & sealants from various end use industries and stringent environmental regulations in North America and Europe.
Within the hybrid adhesive and sealant market, building & construction, automotive & transportation, and industrial assembly are the major application. Building & construction is the largest application segment for hybrid adhesives and sealants.
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MS polymer hybrid, epoxy polyurethane, and epoxy cyanoacrylate are the major resin type segments of the hybrid adhesive and sealant market.
Asia Pacific will remain the largest market over the forecast period due to infrastructural developments, increasing automotive production, and growth in the manufacturing industry.
Henkel AG & Co. KGaA, Sika AG, 3M Company, Illinois Tool Works Incorporation, Wacker Chemie AG, Bostik, H.B. Fuller, Soudal, Tremco Illbruck GmbH & Co. Kg., Hermann Otto GmbH, Permabond LLC, and Dymax Corporation are among the major manufacturers of hybrid adhesives & hybrid sealants
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the hybrid adhesive and sealant market by application, resin type, and region. Lucintel has prepared a comprehensive research report entitled "Hybrid Adhesive and Sealant Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the hybrid adhesive and sealant market by application, resin type, and region as follows:
By Resin Type [$M shipment analysis for 2013 – 2024]:
MS Polymer Hybrid
Epoxy Polyurethane
Epoxy Cyanoacrylate
Others
By Application [$M shipment analysis for 2013 – 2024]:
Building & Construction
Automotive & Transportation
Industrial Assembly
Others
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
Asia Pacific
Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/hybrid-adhesive-and-sealant-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.