Elastic Adhesives Market Size And Analysis, Trends, Recent Developments, And Forecast Till 2028
Reports
and Data estimates the global Elastic Adhesives competitive landscape is highly
fragmented with numerous players operating on a global and regional scale. The
key companies in the market are engaged in mergers and acquisitions, joint
ventures, collaborations, and product launches to gain a robust revenue growth
over the forecast period. The report considers 2020-2021 as historic years,
2020 as the base year, and 2022-2028 as the forecast period. The report offers
CAGR and market size for the global Elastic Adhesives during the forecast
period.
The
report also offers key insights about the top companies operating in the market
and their market share and global position along with product portfolio and
advancements. The top companies in the market include 3M,
Henkel, Arkema, Sika, DOW Chemical, Wacker Chemie, H.B. Fuller, Threebond,
Weicon, and Cemedine, among others
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Elastic Adhesives Overview :-
The
Global Elastic Adhesive Market is projected to grow at a CAGR of 6.3% from USD
19.51 Billion in 2020 to USD 31.82 Billion in 2028. The market is projected to
witness considerable growth during the forecast period. Integration of diverse
factors contributes to the expansion of this market. One of the mentionable
factors in this context is its superior properties of this type of adhesives,
which can be applied in the operation of different end-user industries, ranging
from the construction sector to the packaging and labeling industry. As
compared to other types of adhesives, one of its unique properties is, it
provides adhesive properties and rubber-like elasticity at the same time. The
mentioned trait of elastic adhesive imbibes some additional features in it
like; it has high impact resistance, peel strength, flexibility, and resistant
to vibration. The presence of these additional traits in it has resulted in its
extensive use in the construction industry. The primary use of this type of
adhesive is sealing and bonding diverse substrates. It finds extensive
application in construction activities.
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For the purpose of this report
Reports and Data has segmented global Elastic Adhesives market on the basis of
type, application, and region:
Resin Type Outlook (Revenue:
USD Billion; Volume: Kilo Tons; 2018-2028)
·
Silane Modified Polymers (SMP)
·
Polyurethane
·
Silicone
·
Others
End-user Type Outlook
(Revenue: USD Billion; Volume: Kilo Tons; 2018-2028)
·
Transportation
·
Construction
·
Electronics
·
Packaging & labeling
·
Others
Application Type Outlook
(Revenue: USD Billion; Volume: Kilo Tons; 2018-2028)
·
Floor covering
·
Building maintenance
·
Automobile
·
Domestic appliances
·
Ships
·
Aircraft
·
Others
Key Regional Markets Covered
in the Report:
·
North America (U.S.A., Canada,
Mexico)
·
Europe (Italy, U.K., Germany,
France, Rest of Europe)
·
Asia Pacific (India, China,
Japan, South Korea, Australia, Rest of Asia Pacific)
·
Latin America (Chile, Brazil,
Argentina, Peru, Rest of Latin America)
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Key Questions answered by the
Report:
·
What
is the expected year-on-year growth of the Elastic Adhesives during the
forecast period?
·
What
key trends are expected influence revenue growth of the market going ahead?
·
Which
region is expected to account for largest revenue share over the forecast
period?
·
Which
key companies are profiled in the report?
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